Looking for short!Bitcoin after having massive rally & has reached target as expected on my previous post, moving on to the current formation has forming ascending channel to make a movement to the downside.
BITCOIN trade ideas
Bitcoin CMP 34421 Again can be bought Target 35,000- 35,500, 3Bitcoin CMP 34421
Again can be bought Target 35,000- 35,500, 36000- 37000-39000-40,000+
SL below 33900 ( 4 hour candle closing basis)
Holding periof 15-30 days.
#Bitcoin #Crypto # Alimght_Altcoin
Movement to the upsideBTCUSD is expecting to make a move to the upside. Expecting target to reach at 40,000
Movement to the upside!Bitcoin is looking for long after forming corrective formation & clear movement to the upside. Expecting target to reach at 41,000$
Bitcoin in wave 5OANDA:BTCUSD
I think Bitcoin completed wave 4 triangle pattern and now is in wave 5.
Target:
1) First Target : 40241.7
2) Second Target : 41670.3
BTC/SPX short term 30% upside
BTC/SPX broke-out of a weekly supply zone at 8.65 this beautiful monday morning!
Short term, this will at-least go to the next weekly station 30% higher.
Suppose that coincides with SPX to ATH at the YE or in Q1, that would mean a BTC price around 55 to 60, or a 50% upside from here.
Long your longs gentlemen. This is the time to YOLO!
Caution: Convincing daily close below 8.65, would be sure sign of reversal. While unlikely, always be ready to adjust.
Bitcoin till 36000 not break will go higher 44000 comming soon On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
BITCOIN2023 JAN
This was my view on bitcoin when 2023 started
and base on the view price do support my anaylasis
also u can see a 100 percent fbi retracement
plus this is my theroy
okay to be honest their would be an election in 2024
so and u all know why btc is used
okay just an theroy
and indeed price do behave according to my view
and price jump from 14L (inr) to 34L ALREADY 100 PERCENT
AND
those retailor investor who had bought btc around 60 lakhs (inr)
still screaming trading is nothing but a gamble
but from my point of view btc already genrated 100 percent for me
so this is the best time to invest indeed it may touch 2024 tilll the year end
instagaram - ( faixgazi)
u can check my insta stories for btc and forex view
BITCOIN towards $40k#Bitcoin hourly Chart Analysis
MIL:BTC has been moving on #WedgePattern since last one week, after break-out New All Time High of 2023 on 24 Nov. at $38k for the first time.
#BTC now completed the previous pattern on #BroadeningWedge Pattern and Retested again $38k for the second time on 29 Nov. and now started movement on #FallingWedge Pattern.
Which is clearly showing that soon the next target will break out of $38k and go towards $40k, from where its next movement will be to break out in December soon, after $40k-45k markup of 2023 with All Time High markup with a HYIP of Pumping and after Dumping probably Towards $35k - 33k..!
Always #DYOR and Trade with #StopLoss, Its just #NFA
But Btc Buy Btc upside momentum still prevails it should be kept with a Stoploss because it might flactuate
buy BTC turning my prespective to bullish count till the level 36800 is broken which will be the stoploss with a minimum momentum upto the daily high also possible it will for sure break the 38500 level also
BTCUSD till 35000 not break buy on dip , holding buy from 26500On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
btc look like ricing wedge pattern in Day time frameBTC showing bearishness in Day time frame, now btc creating rising wedge pattern, so iam expecting some bearishness in coming days. expecting it will retest in 31700 level
bitcoin short tradegood risk to rewward prresent in this trade, lets see what happens, short trade in a uptrend price is less probable but huge reward for less risk is present
BTCUSD on wolfewave and coming up to SWAPBTCUSD has bearish wolfewawve and a swap zone above confirming a faleout. Previously it reacted from Small FL and gave 7% fall. now its trap time and will take our alll long buddies out from race.
Target is very huge so it will make few pullback before coming to its final target. evvery FL (BOX will act as support and resistance.
#BTCUSDJust have a look what a upside move i am sure most of the trader take after break of box consolidation hope so if yes then you get good move it look like a strength candle most possibly it will go by 40000 in this week
BTC IN BOX CONSOLIDATION BTC consolidate in box from past 20 days it is making base wait for box breakout after breakout give good move and start a new bull run
Q&A_ Where would bitcoin price move from here? My analysis.Namaste!
Bitcoin is currently in a medium-term downtrend in weekly charts. Bitcoin has faked-out many bullish people in this daily candle. If 29240 level is broken here, then there will be a massive sell-off, according to my analysis. There is also a news supporting this, "CBDCs could 'kill' case for private cryptocurrencies, says RBI Deputy Governor".
I am assuming a bull charge again only if price moves above 32015 levels. But I don't think it will sustain longer. Consolidation generally have a higher probability of price moving in current direction, i.e. "down" in current scenario. Interpretation is that, the buyer's are not interested to buy, hence it is consolidating. If they were more willing to buy, they would have done it fast (neither consolidate).
There are mainly two types of people in the world.
Type 1:
a: They believe god does not exist.
b. They believe alien does not exist.
c. They believe Bitcoin will be the future of federal currency system.
Type 2 people think the exact opposite. I am a type 2 person.
Disclaimer: Do not take positions based on my analysis.
BTCUSD for day plan we can short BTCUSD for days with stoploss at proper points
and go for big down side movement
