Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (42470.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
It seems like forever since we last had a bullish wave for Bitcoin, we've been seeing red since Nov. 2021. Now, things are starting to change! Today, we can see prices moving above EMA10 daily on a bullish note for the first time since September 2021. We use EMA10 as the main indicator to gauge a pairs bearish/bullish potential in the short-term. If prices...
In the middle of 2021 we can see a pattern of price and RSI (indicated with numbers and ellipticals). It's just a pattern, I hope this analysis be right for all who own btc usd. "When touches white line, time to buy". NOTE THE SIMILARITY! This is an updated chart I published 29/12/21 (see link to related ideas).
Looking at the 1H timeframe for the BTCUSD pair, we have multiple bullish signals developing; the path is clear to $44K. Let's get started! First, we have a volume breakout. Volume is a very important signal used for confirming a move. Rising volume as prices challenge resistance is always good. The MACD is on the bullish zone and ready to grow. The RSI is at...
We know we are at a crossroad and everybody is wondering what the conclusion will be; Bear (red) or Bull (green). Since the beginning of this year, I am of the view that Bitcoin will break upward giving us a small relief rally or "price bounce" as I call it. This would push prices up before any additional bear action takes place. Now, let's look at 3 bullish...
Bitcoin is looking better and better, patience is key. We are looking at the 4H timeframe and we have a beautiful falling wedge pattern. We can see the current candle moving above the upper trendline of this pattern. (Confirmation only comes after candle closure one hour from now). There is potential to move higher. You can visit yesterday's trade ideas below...
The key support level is 4330000, until this level is broken through, we consider the current pullback as a correction to the rising momentum from 10. 01 .2021, but in case of breakdown of these marks, it will be necessary to monitor the situation. Investor sentiment is pessimistic and this increases the probability of quotes rise. We allocate TRON as the most...
The key support level is $40,000, until this level is broken through, we consider the current pullback as a correction to the rising momentum from 10. 01 .2021, but in case of breakdown of these marks, it will be necessary to monitor the situation. Investor sentiment is pessimistic and this increases the probability of quotes rise. We allocate TRON as the most...
Detailed analysis on Bitcoin based on TD-9 sequential, trendlines and pattern indicators provided in the chart text.
BTCUSDT Today Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
looks like bitcoin breakout may happen anytime soon. As per the charts it takes support at 'red' and is following the trend line. Charts for educational purpose only
After looking at the bigger picture, Bitcoin's long-term weekly chart, we go back to the lower timeframe to get a better idea as to what will happen short-term... Is the low in? We have really good support above $40K. That is the $40,000 - $42,000 price range. The longer this level holds, the higher the chances we end up bullish with a higher low. If this...
HERE is my btc next idea as we are in the bottom acc to me
Hello my fellow cryptocurrency trader, how is this Tuesday treating you? I am hoping you had a great Full Moon day yesterday... Please, allow me to ask you a few questions related to Bitcoin, reply in the comments with your thoughts. Bitcoin Sentiment The Crypto Fear & Greed Index is now set at Extreme Fear (1), it has been like this for weeks. ...
BTC LOOKS GOOD HERE 45-50K if break above the trend line
We are looking at the Renko chart for Bitcoin (BTCUSD) on the 4H timeframe, we have a buy signal. The Japanese Renko charting system is very useful and easy to understand, it can help you define trends. You can get a buy signal when you get a green "Brick" vs a sell signal when you get a red brick. We have a green brick with high volume, giving us the buy...
We are looking at the 1H timeframe for Bitcoin, where we share our short-term trading ideas. We can see that the bulls are still ahead. This is an update to my previous 13-Jan. article. After the 13-Jan. peak, Bitcoin hit a new low (higher low) on 14-Jan. The main low came out 10-Jan. These are all marked with green circles. The MACD has entered the bullish...
BTCUSDT Today Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊