BTC Price Forecast till August 🐻Bitcoin Price Action Forecast till August 🐻
Looking Bearish to me !!
MBT1! trade ideas
Bitcoin FuturesI had to plot the waves on the Futures chart as I couldnt find the Spot chart on Bitcoin. Enough is given to co-relate it to the Spot chart. I am saying...... More and More Shorts Should be CREATED.... MORE n MORE n MORE. I am extremely BULLISH . I do not tradw any COIn. MY BULLISH APPROACH is to equitys on the whole and especially to Indian Market
BTC CME FUTURES Trend analysis for the upcoming month
If you look at last month's candle it was a long bullish candle. I personally think that many retailers made good money last month, that's why Binance made sudden restrictions on the margin for futures. this month's candle is a spinning top, there is still one day for this month's candle closing. If the candle happens to finish red(bearish candle) we may expect a fall. If it is a green candle market may remain sideways. But always remember BTC is extremely volatile. So Trade carefully with good risk management. good luck
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BTC CME FUTURES GAP THEORY- When a subsequent gap is left between prices, the prices always tend to cover the gap irrespective to time. In Bitcoin CME futures there is a gap between 24000-24300.
Btc BoomOn most crypto charts, a green candle indicates a bullish move or an increase in price. Meanwhile, a red candle indicates a bearish move or a decrease in price. A candlestick with almost no body and long wicks, on the other hand, indicates that neither buyers nor sellers are in control
BTC at $27000Technicals : medium term
1. Price Breakout with bounce of 20dma
2. Above average volume
3. High momentum
4. @bbands squeeze open
5. S1 : 19700
6. R1 : 26935
extending the bitcoin patternpublishing herewith my idea about parallel channel its breakout and how it could be extended
Bitcoin Futures GapThe red fall has not been covered, the green rise has not been covered, and the gray-white rise and fall has been covered. The red horizontal line is the K-line gap caused by the rise in the past two years ago, and the green horizontal line is the K-line gap caused by the decline in the past year. , The gray and white lines are all the gaps that have been filled in the history of Bitcoin. The low price of the red line is more than the high price of the green line. The probability of filling the gap in history is 90%~100%. It is only a matter of time before the gap is filled. The thick line in the picture is a big gap, and the thin line is a small gap. The lines in this picture can be used for a long time.
Want to see double top reversal ==> Here it is Bitcoin!!!!Double Top in Bitcoin
Crypto market has shown bull and bear cycle in very short span of time.
From rising from 10000 usd to 69000 usd and from 69000 usd to 16000 usd in span of around 2.1 years
I think it is fastest reversal of any new tradable market.
Double top means making almost two equal highs and failure of bull to make new high while bears pressure of continuous selling makes this pattern.
Neckline is where bitcoin has taken support as seen in chart.
Generally target from top to neckline is expected in double top.
Let us see whether bitcoin makes new low from now to reach target as marked in chart.
Bitcoin- Down and then upBitcoin is expected to make a move upto 12K levels very soon. There can be a bounce back till 18K post but till it is below 22K on WCB, it is not a buy at all.
Bitcoin reversal from $10.000-$12.000Based on the fork, the trend continued to move down. But the bottom is near. It will reverse after breaking above the fork. The bottom can from between $10.000-$12.000 area.
This is my personal opinion, trade at your own riskIt is standing on a healing spot, which I see can go up in the next few months
falling wedge patternbitcoin falling wedge pattern with bullish rsi divergence. if previous low is protected and if crosses trend line then it can give good bounce upto 24400.
BTC CHART After breakdown from the head and shoulder pattern on daily chart bitcoin got the breakdown started and settled at 20k level but we are the time where we are ready to step more down to 8-9k level in the short term 9k is the demand zone i hope the 9k zone will start a new bull wave towards the sky but for now be ready to move down to 9k once we break below 17k level we can see a free fall to 9k level .I HOPE THE BEST.
Bitcoin current levels, New Support, New Resistance. Yellow line is trend line, Blue line shows support and resistance. price must go up and take support from current trend line for starting a up trend so we can buy blindly with shortest sl of 1/2%.
BITCOIN - End of the Road or a New Bull Run?BITCOIN - End of the Road or a New Bull Run?
Spectacular run over for now.
Needs to Hold 14100-17700 for upmove. - Will it retest 28800?
Below it 3700 possible? (does not seem to be on the cards for now).
btc analysisso beautifully playing out the ascending triangle
is this new sign of bull market may be!!
if we break the resistance and cross the 25k range we may see btc in new ranges that can be 30-40k
which will lead to pump of many altcoins one by one with Ethereum
Bitcoin daily chart on CME
Bitcoin daily chart on CME - we are in a weak bullish channel with a Doji Star on the red arrow giving the signal for the reversal.
At the moment falling to 2 possible prices 1- 22,190.00 dollars Fibo 61.8 of the last high leg and the other target is 21,095.00 which is the mejure move ABC.
Note we are close to the main bearish trendline. We can see this channel being a possible bearish flag setup.
When it hits this trendline, it can break up and go for $30,000.00 or it can fall and go for $17,500.00 to $18,500.00
Not to financial advice.
Bitcoin on CME daily chart.
Bitcoin on CME daily chart shows price in a bullish reversal channel.
It is on track to meet the downtrend line between $22K to $26K by the 7th of September to the 3rd of October to try to break up.
The chance of breaking this trendline is less than the chance of failing and continuing to fall,
but it can happen. If we follow the path of inertia we can go for the bottom of the range at 18,500 dollars.
If it breaks up, it will get the 28,185 dollars.
Bitcoin on weekly TF Bitcoin is trading at a crucial level. A reversal may come but if fails to sustained at this level then 5957 level may see .
For learning purposes only.
