COINBASE:BTCUSD
Hi Everyone
This is an BTC/usd FORECAST, in our last forecast we predicted a 5th wave and than after that an correction will start.
We said that correction will come in form of ABC and we currently in last wave. Let see where it finishes.
After it and B wave will come. If you want to play correction i will say play one A,C and E wave for good...
We have multiple "early bullish" signals, those that are waiting for confirmation and also some confirmed ones... Let's have a look at those.
Bitcoin ( BTCUSD ) is moving weekly above EMA10 (green) and EMA50 (magenta). This signal is only confirmed once the weekly candle closes above $44,222.
We have a test of EMA100 as support and it holds, this signal has...
Tomorrow we have the monthly candle close for Bitcoin... What should we be looking for?
We have many clues to look at but we will focus only on 3 in this article.
Bitcoin Monthly Signals
1) This is the first month that Bitcoin will close below EMA10 ($44,455) since March 2020.
2) We have bearish indicators. The indicators, MACD and RSI, are both on the...
We just looked at Bitcoin short-term, BTCUSD 1H, and we are seeing some resistance around the 26-Jan. high... What does the daily chart has to say?
Bitcoin Daily | The Same Barrier Holds
We have Bitcoin trading within a steep declining channel.
We are all waiting for a bottom to be drawn, for a reversal to take place but so far not much has happened.
We can...
We are starting to look good on the 4H timeframe for Bitcoin as prices start to recovery.
We looked yesterday at a potential bounce short-term on the 1H timeframe , as this moves develops, we can see the bulls starting to re-enter the arena.
We have the strong "V Bottom" pattern with unusual volume.
Just recently prices closed above the EMA50 magenta line....
Not only Bitcoin (BTCUSD) but also the S&P 500 Index (SPX), Nasdaq (NDX) and the Dow Jones Industrial Averages (DJI)...
All major markets are experiencing strong downward pressure.
Bitcoin has been doing a classic ABC correction after a bullish wave.
We can first appreciate EMA100 being tested as support for multiple weeks in these corrections; When we go...
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...
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.
...
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...
Bitcoin is looking good short-term across multiple timeframes...
The 1H timeframe is looking good as mentioned in our previous trade idea, we have a rising channel with higher highs.
Now, the 4H timeframe is also looking good.
As BTCUSD is trading above EMA10, EMA21 and EMA50, we see a bullish breakout happening now.
The cup pattern is now in full display...
Good morning my fellow cryptocurrency traders, how is Bitcoin looking up today?
We have the short-term chart, 1H timeframe, with a positive outlook.
- We have been seeing higher lows within an ascending channel.
- BTCUSD 1H managed to break and close above the MA200 black line.
- We have a strong RSI and bullish MACD.
- Prices remain safely trading above...
Slowly but surely Bitcoin (BTCUSD) is starting to recover.
Here we are looking at the short-term chart, 4h timeframe.
We can notice the classic cup pattern starting to form, this is very common when a bottom/low takes place.
After the cup pattern a bullish jump tends to follow.
We have bears and bulls fighting with EMA50 being the next immediate resistance at...
After 4 weeks of continuous sideways trend, BTC plummeted by ~11.50% in the last 7 days alone, thus the largest weekly decline of 2022. It formed a big bearish candle on the Weekly TF and closed below its 50-WEMA, this depicts a decisive breakdown below major support. At the time of writing, BTC is trading slightly above $41,500.
On the Daily TF, BTC is on the...
BITSTAMP:BTCUSD
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
Going a bit deeper, 1H TF, let's see what BTCUSD has to say.
A few hours ago we can see a clear break of EMA10, EMA21 and EMA50 as resistance with good volume.
Even though though we have good volume on the next 4 consecutive red candles, BTCUSD remains above EMA10 and the other emas, signaling that the bulls are doing it but slow.
The red marked space is the...
