BTC/USD - weekly Analytics + Altcoins 20.09.2021The key level of 42.800 has been broken through. With a high probability this very level will be the impetus for further growth of bitcoin . The general trend remains growing, in our view, the continuation of strengthening of quotations is only a matter of time, impulsive unidirectional growth waves will confirm this idea.
Alts:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend. (the idea is confirmed by local growth impulses)
We also see high growth potential in TFUEL coin.
Search in ideas for "btc usd"
BTC/USD - weekly Analytics + Altcoins 06.09.2021Correction that started on 10.08.2021 takes the form of a diverging triangle, which indicates a clear interest of buyers. The growing trend continues, there are no signs of trend reversal, the next important resistance is near $58,000. When this target is reached, growth may slow down and go into correction, then we will follow the development.
Altcoins:
We single out TRON and HIVE as the most promising coins for development of stable growing trend. (the idea is confirmed by local growth impulses)
btc/usd buying side Hello guys i had find this setup in btc/usd which is forming good buying setup in 4h timeframe and sl at swing low and target the above channel resistant which i mentioned and before taking any position plzz do our won analysis if you like my setups like share and follow thank you
BTC/USD - Bottom Is In For This Corrective WaveEnd of the month is always a tumultuous time in trending markets. Fund managers look to review their positions and take some profits off the table. BTC/USD also had to contend with some FUD this past week regarding regulation in the US.
Two successive daily closes reclaiming the 23.6% Fibonacci retracement level indicates that, for the moment, bulls very much hold sway in this corrective wave. It looked for all money we'd lose that support level yesterday. Didn't materialize. Strong surge just before close ensured another daily close above 17048.
In this 4-hour chart, we notice dwindling volume and a bullish RSI failure swing and potential bullish MACD cross. As far as strength of signals goes, bullish/bearish failure swings are as weighty as they come. Only reservation, I tend to not have high confidence in lower timeframes. If this happens on a daily chart, abandon all shorts pronto. Still, you need to be either brave or stupid to be holding a short right now.
BTC/USD Looks Weak On Larger Time Frame ! Dear All ,
BTC/USD is Looking Weak As Per Wave Counts ! After Completing 5-Wave 3.70% Impulsive Structure , It has undergone A 5-Wave 3.70% Corrective Structure !
Recently , It has given A Break-Down Below Descending Triangle & Should Come towards 5th Wave & Complete Structure !
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
BTC/USD Technical analysisThe BTC/USD pair after a great spike is currently in a correction mode.
It is forming a descending triangle pattern and break out below support levels will validate the pattern.
Hence we suggest traders to take a short call only after a break out below the support level of 5890.
BTC USD bullish trend confirmations on D chartAccording my analysis BTC USD chart shows 5 point elliot wave has completed and now we are in and ABC pattern which will indicate the change in trend....Slowing of the downtrend and possibly trend reversal.
It has been also confirmed with the higher lows and major support at 6800-7200 levels.
Tell me what you guys think.
ADX-BRIEFING: BTC/USD market analysis using main indicatorsADX-BRIEFING
BTC/USD analysis: No major signal received yet.
While using the main indicators we use for all markets,
and when looking at the 15-minute charts for BTC/USD,
we are not able to detect, on this time-frame,
a clear indication of a major long or short trade.
However, we keep trading BTC/USD using short-term charts
like the one included with this post.
Wishing you a great trading week,
François Normandeau
Institutional Research Director at ADX-BRIEFING
Bitcoin (BTC/USD) Buying OpportunityAs Bitcoin (BTC/USD) continues its volatile journey, astute traders may find a compelling buying opportunity emerging, particularly if the price action manages to trap sellers below a critical support level. By strategically identifying this scenario, traders can capitalize on potential upward momentum once selling pressure subsides. This analysis explores the dynamics of BTC/USD, highlighting the significance of support levels and how traders can leverage such opportunities to enhance their positions in the cryptocurrency market.
@TradingView
Will BTC/USD Reach $89,000? Weekly Time Frame Breakout Analysis.Will BTC/USD reach $89,000? In this video, I analyze the recent breakout on the weekly time frame using pure price action.
I dive into key levels, patterns, and market momentum that could potentially push Bitcoin towards the $89,000 mark. If you're looking for a detailed breakdown of BTC's price action, this is the video for you.
Bitcoin (BTC/USD) Price Action Analysis
Introduction
Hold on to your digital wallets, fellow traders! We're diving into the latest price action of Bitcoin (BTC/USD), where the recent breakout has left us all on the edge of our seats. Let's dissect this chart and see what the crypto king is up to. 🚀💰
Price Action Overview
Chart Analysis
Current Price: $55,992.52
24-Hour High: $57,027.91
24-Hour Low: $55,909.09
Volume: 111.36 BTC (yup, that's a lot of virtual coins moving around!)
Key Technical Indicators
Rising Wedge Pattern: A bearish pattern indicating a potential reversal.
Breakout Confirmation: Price has broken below the lower trendline of the rising wedge.
Volume Analysis: Noticeable increase in volume during the breakout, hinting at strong market
participation.
Detailed Analysis
Rising Wedge Pattern
Pattern Description: A rising wedge typically forms during a downtrend and is considered a bearish continuation pattern.
Implications: The breakout below the lower trendline suggests that bears are taking control. The support might be a bit weak here, like a soggy cardboard box trying to hold up your crypto dreams.
Breakout Confirmation
Breakout Level: Around $55,992.52
Implications: The bearish breakout indicates that the price might continue to decline. Time to buckle up, this ride could get bumpy!
Volume Analysis
Volume Trend: Volume has spiked during the breakout, adding credibility to the move.
Significance: High volume during a breakout is often a strong indicator of the move's validity. In simpler terms, the crowd is chanting, and it doesn't look good for the bulls.
Support and Resistance Levels
Immediate Support: $54,600.00 - Keep an eye on this level; it might just be Bitcoin's life raft.
Immediate Resistance: $57,864.53 - The bulls need to conquer this to regain any lost ground.
Conclusion
Bitcoin has shown a bearish breakout from a rising wedge pattern with substantial volume, indicating potential for further downside. Traders should monitor the immediate support level at $54,600.00 and resistance at $57,864.53 for potential bounce or continuation points. Stay vigilant, and may your trades be as fruitful as a bull market in full swing!
Disclaimer
This analysis is based on historical data and chart patterns. Always do your own research and consider your risk tolerance before making any investment decisions.
Posible direction and set up on BTC/USD for next session Price rejected the 800 ema today and had some problems to stay bellow the 50 ema
TDI giving us the ok to go long
No divergence (remember divergence = change, no always a reversal of the trend) is this case there's none
So if we keep seeing the price on top of the 800 and 50 EMAs, we can for sure expect some bullish move at least @ 7450.00 witch is yesterdays high
Now just wait for the correct pattern to get in