$BTC Daily Update$BTC #BTC Back above $27,994, current support at $28,298-$28,590. Testing $28,590 support. Fakeout on 4H with wick tapping $29,199 resistance. Last 4H close bearish watch $28,298 support. 1D closed good. $28,781 support needed to reattempt $29,199by limitlessnash0
BitcoinYesterday date March 24th candle was a manipulation candle. Only Buy or sell after the high or low gets taken out. There is a supply zone on top of that candle. Will look for going short in the supply zone if I get some selling signal. In between market will remain very choppy.by kavitajaain8Updated 1
Bitcoin Next Move Bull Run ConfirmedHi, Its time to buy a bag of bitcoin we can see 70k+ the end of year by strategyborn4
BTC below 29.000 and 30.000 short This sort of intruments will require a different approach but yet price action will help. As you can see below 29.000 and 28.000 market is not interested to hold so then sell strategies are preferred below 28.200 to 28.000. Below 28.000 sell pressure will continue down to 27.800 and 27.500. Attention to fridays´ Short03:19by watchmyTrading1
BTCUSD possible Elliot wave counts (up, then down and again up)Hello friends, here we had shared BTCUSD Bitcoin chart with possible Elliot wave counts on daily, 4 hourly and on hourly chart which seems aligned with each other, so the conviction increases. Well, on daily time frame it seems that post correction we are unfolding wave 1 of some degree, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5 of 1, so post completion of wave 1 we can assume that retracement is due as a wave 2 which can unfold as wave ABC hopefully, Overall we are in impulse towards north, one can wait for dips as a wave 2 to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. I am not sebi registered analyst, My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Possible wave counts on daily time frame Possible wave counts on 4 hourly time frame Possible wave counts on hourly time frame Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. by RK_Charts229
Bitcoin bybit chart analysis March 28 Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It's a two-way neutral strategy. *At the red arrow path long position strategy 1. Entry into long position at $26,940 / stop loss when breaking the purple support line 2. Entry into short position at $27526.5 / stop loss when orange resistance line is broken #Current daily chart MACD dead cross in progress 11:00 p.m. Nasdaq index announcement It is a section with many variables, even the possibility of a vertical drop. In the case of an immediate drop from the current position, Bottom shown at the bottom -> Possibility of falling to 25403.5 dollars Right-downward sidewalk in light blue finger movement path (Possibility of additional vertical decline after tomorrow) On one page of the 30-minute chart, I left the number of all cases that can come out today. Tomorrow's results will be summarized only with arrow movements. My analysis is for reference only. I hope you will operate safely as the principle trading stop loss is essential thank you. by BitCoinGuideUpdated 2
$BTC Daily Update$BTC #BTC $27,478 resisting as expected, Current support at $26,963. Last 1D closed looks fine, avoided following up bearish engulfing. Must regain $27,994 support to resume the climb. Continue watching given S/Rby limitlessnash0
FIB Macro Retracment and long again BTC needs to retrace after 100% top in order to continue going upby rPathak_3314
BTCUSD (BITCOIN HOURLY SETUP FOR SELL IN SHORT TERM SWING TARGETBTCUSD (BITCOIN) HOURLY SETUP FOR SELL IN SHORT TERM SWING TARGET as hourly candle price behavior is sell on rise so best short can be near 27685 stop loss 28004 and for the target 26700Shortby sk_45872
Bitcoin bybit chart analysis March 27 Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It's a one-way neutral strategy. *In light blue finger movement path Short -> Long Switching Strategy 1. $28181.5 short position entry section / stop loss when the light blue resistance line is broken 2. $27596.5 long position switching / stop loss when breaking the green support line Failure to break through the pink and orange resistance lines at the current location It can drop all the way to the bottom. My analysis is for reference only. I hope you operate safely with principle trading / stop loss essential thank you. by BitCoinGuideUpdated 2
BTC/USD - Weekly OverviewThe world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level. However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level. The RSI level also showcased its negative nature while residing at the level of 36.72. Overall, the support levels for BTC can be placed at $26K and $24K. While the resistance levels can be placed at $30K and $32K. Shortby TradeDog-Research2
$BTC Daily Update$BTC #BTC Struggling to regain $27,994 support. 1D closed bullish, $27,478 support in effect. If followed up last 1D close expect $28,298 test. by limitlessnash0
Bitcoin bybit chart analysis March 24 Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It's a one-way, two-way neutral strategy. *In light blue finger movement path Short -> long switching strategy. 1. $28132.5 short position entry section / stop loss when orange resistance line completely breaks through 2. $27658.5 long position switching / stop loss when breaking the green support line -> After the 1st target of $28667 -> Top -> Final long position target until the weekend of the Great section Following the Nasdaq move Today, pay attention to the sideways section of the red resistance line / green support line. My analysis is for reference only. Please operate safely as principle trading / stop loss is essential. Have a good weekend. thank you. by BitCoinGuideUpdated 2
BTC bitcoin big cycle ABC waveBTC bitcoin big cycle ABC wave, the green line is the trend line is the target position of C wave rise, the vertical line is the time period of arrival, three waves ABC, A wave rises, B wave falls, C wave soars, and the long line is mainly back to the highest in history Nearby, and broke through the highest point in history, and finally rushed to a record high of more than 100,000. The volume of C wave can be enough to rush to a position close to 200,000. The surge of C wave will definitely hit a record high and break through 100,000.by ZhongBenCong001115
BTC weekly flow updatebtc has started uptrend but its in asupply area too once the supply area break full conformation of uptrend and it will take entry at B/B or ob wait till supply breakby TRADING_MASTER_DAVIS0
3 months chart of Bitcoin. If we close around 30k by the end of March 2023 we might see Bitcoin around ATH by the end of 2023. Let me know what you guys think!!!Longby siddhantkapoor955428
Bitcoin Short OpportunitiesBased on Bitcoin script analysis, there may be a short opportunity at the current trading level of 27540.73. The script indicates that Bitcoin is defending the position it made in the sideways price channel, which could lead to a downward trend. However, it is important to conduct thorough research and analysis before making any investment decisions. It is also important to note that investing in Bitcoin or any other asset carries inherent risks, and investors should be aware of these risks before making any investments. Therefore, it is recommended to seek advice from a financial advisor before investing. Disclaimer: This message is for informational purposes only and should not be considered as investment adviceShortby TRADINGNASA1
Automatically identify chart patterns using built-in indicatorsHey everyone! 👋 This chart showcases a few of the Automatic Chart Patterns indicators recently announced in this blog post . If you are a technical trader who relies on chart patterns to make trading decisions and hold a paid TradingView plan, check them out. They automatically identify these popular technical setups: Bearish and Bullish Flags Double Bottom Double Top Elliot Wave Head and Shoulders Inverse Head and Shoulders Bearish and Bullish Pennants Rectangles Triangles Triple Bottom Triple Top Falling and Rising Wedges You can add the indicators to your chart from the "Indicators, Metrics & Strategies" search window by selecting "Patterns" from the "Technicals" tab in the left pane and choosing an indicator from the list: Once you have selected a chart pattern, the indicator will automatically draw it on the chart for you when it detects the pattern. The chart pattern indicators are easy to use and customize. You can alter the pattern detection criteria and visible attributes like colour, line thickness, and style of the lines. We hope you enjoy these new indicators. — Team TradingView ❤️ Feel free to check us out on Instagram , Telegram , and Twitter for more awesome content! 🙂Editors' picksEducationby TradingView3737 1.2K
$BTC Daily Update$BTC #BTC Regained $27,994 support and currently on it, $28,298 resisting. Reattempt at $28,781 failed yesterday. Last 4H close looks good, 1D closed with bullish engulfing, needs $28,590 as support to breakout $28,938. Continue watching given S/Rby limitlessnash0
Bitcoin bybit chart analysis March 23 Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It is a one-way long position strategy. *At the red arrow path 1. $27695.5 long position entry zone / stop loss when purple support line breaks -> long position target at $28520.5 Participation rates have been declining recently. There are also unnecessary comments. It also seems to have lost interest. Depending on the situation tomorrow, we will proceed privately. My analysis is for reference only. Please operate safely as principle trading / stop loss is essential. thank you.Longby BitCoinGuideUpdated 1
$BTC Daily Update$BTC #BTC FUD and Interest rate hike hit with $2K drop yesterday, $26,650 tapped for support, $27,478 currently testing, needs $27,994 as support to reattempt $28,298 and resume. 1D closed badly failing to follow up on bullish engulfing from Tuesday, Continue watching given S/Rby limitlessnash0
BTCUSD - 3 Bearish Chart Pattern It's important to note that the behavior of the BTCUSD pair can be influenced by a wide range of factors such as global economic conditions, political developments, supply and demand, and market sentiment. Therefore, it's important to do your own research, analyze the market conditions, and consult with a qualified financial advisor before making any investment decisions. However, I can provide an explanation of the three bearish chart patterns you mentioned, which are the double top pattern, bearish pennant pattern, and rising wedge pattern. The double top pattern is a bearish chart pattern that occurs when the price of an asset reaches a resistance level twice but fails to break through, forming two peaks that are approximately the same height. This pattern indicates that the buyers are losing momentum, and a trend reversal may occur. The bearish pennant pattern is also a bearish chart pattern that occurs when the price of an asset consolidates after a sharp downward move. This pattern is characterized by two converging trendlines that form a triangle, with decreasing volume and volatility. The bearish pennant pattern indicates that the sellers are gaining momentum, and a trend continuation to the downside may occur once the price breaks below the lower trendline of the pattern. The rising wedge pattern is a bearish chart pattern that occurs when the price of an asset is trading within an upward sloping channel but with a contracting range. This pattern is characterized by a series of higher highs and higher lows that form two converging trendlines that slope upward. The rising wedge pattern indicates that the buyers are losing momentum, and a trend reversal to the downside may occur once the price breaks below the lower trendline of the pattern. It's important to note that chart patterns are just one of the many tools used by traders to analyze the market, and they should not be relied on exclusively for investment decisions. Additionally, it's essential to use risk management techniques, such as setting stop-loss orders, to limit potential losses if the trade does not go as expected. In summary, the double top, bearish pennant, and rising wedge patterns are all bearish chart patterns that can occur in the BTCUSD pair or any other asset, and they indicate a potential trend reversal or trend continuation to the downside. However, investors should conduct thorough research and analysis and consult with a financial advisor before making any investment decisions based on chart patterns.Shortby Epic1st2
BitcoinBitcoin can take some support in the zone marked. Will exit shorts and look for buy in the marked zone for a bounce.Shortby kavitajaain81