BTC1! trade ideas
btc upcoming level only just for educational use only Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
BTC possible movesSeems BTC is doing `c` of abc. After this we can anticipate min an x wave till previous high or a 3rd wave.
Will Bitcoin hit 40k in the coming weeks?Bitcoin made two breakout attempts recently. The second breakout failed and this failure is indicative of more downside in the coming days.
Supports that are well in target are just 6 to 8% away and lie close to 49k to 50k. A strong support of rising 200ma is well in sight. This range seems like a good support zone. The confluence of trend line support and moving average may well lead to a short term bounce from this lower range up to 56k.
But I truly wonder if the support zone near 50k is going to hold for long. To me a high probability of 40k exists, yet that can only become likely if the support range of 49k to 52k gives away.
Why does 40k that seems a fair probability?
Generally two quick attempts at the upward breakout have lead to selling pressure. Often it's been seen that if a quick second breakout fails, such failure may very likely to lead to a strong move in the opposite direction of the breakout.
With that being said, let's see how the price action shapes out in the coming weeks ahead.
All Targets Achieved | 26% in just 29 days | Bitcoin All Targets Achieved | 26% in just 29 days | Bitcoin |
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BTC Trendline BreakdownBTC Breaks below a trend line. Short for the target of 45710 with a stop loss at 59910.
bitcoin predictionbitcoin is still in bullish trend
but i think upcome 2 to 3 weeks goann be bearish for btc
BitcoinBitcoin formed a bearish reversal chart pattern called double top. Double top chart pattern is completed in five weeks and also got price and volume confirmation.
Sell below 57800
Stop Loss 67500 (SL above shooting Star)
Trail SL 61200 (If price goes below previous low dated 22 Nov 2021)
Target 48000
Upcoming Trade set upOne can wait for daily pause and reverse before buying in it
Its going to make NEW high before it makes final termination
Good luck
Keep selling Keep selling Bitcoin below 32600 with stop loss abv 36800 for target of 18400-16500 and 14200-12500 zone.
If you buy an unnecessary item then you will end up selling your necessities.
Disc : it's not an investment advice to buy or sell
Some Support and Resistance on BTCSome supports and resistance on BTC .31400-500 looks like an important support, if this breaks on closing basis then we may expect some major downside movement.
btcusdt#Btcusdt is having sideways structure at short time frames.
Whereas bearish high time frame structure till it is below 42000 Levels.
Bitcoin resistance is 42000 support is 30000.
Conclusion , Dont expect market to be bullish. Bitcoin & market is having good situation to be at sideways/bearish until btc is below 42000. trade only short term if you Have good trades. Holding is not advisable until you have extreme reason to hold projects.
BitCoin – Next Tulipmania?BitCoin – Next Tulipmania?
Selling Pressure is seen in BitCoin after Elon musk announcement.
Chart is around its major support level.
If 39520 breaks on weekly basis then Prices will easily reach 26650.
Extended target can be 19100.
If the above condition fails then good reversal is also possible from current level. So keep your stop losses as per your risk reward.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Keep sellingKeep selling for target of 30000 . Sell on rise around 52500-54500 with sl abv 57000.
Disclaimer : it's not an investment advice to buy or sell
