Bitcoin 4h Price Outlook 05 January 2021 — BTC UPHello! BTCUSDT price still in the range of 35k and 30k. I will expect continuation to the 36-37k zone.
Of course price not cheap at all, and I do understand risks, hope you too.
Setup above is pretty easy, price made ascending (uptrend) triangle zone, with flat top at $34600.
Looking forward price breakout to new ATH this week.
Mid-term analysis:
Long-term
Artemcrypto
Bitcoin D Price Outlook 03 January 2021 — BTC UPHey! Don't you think btc have to stop for a day or so to make price chill a little bit?)
I know you guys want endless growth!
From price action perspective I will expect leg up and during spring we might see a price sideways inside price corridor, I think from 40k to 27k. The 27k zone determined by MA100 projection and 40k level is guesstimate level if we take 30-35% correction to 27k.
According to my study on bull market, price often makes pullbacks to MA100 on Daily charts, at this point new traders goin to call for btc to crash and total market dump, but in reality price can silently reverse from MA100 and make another leg up. Let's hope for best.
Do not forget about risks, as the market going higher and higher risks increasing exponentially, both for bulls and bears. Stay on safe side.
Best regards,
Artem Shevelev
Litecoin W Price Outlook 03 January 2021 — LTC UPHello! Price of LTC surprising me whole 2020, now it consolidate near 150-160 zone.
Breakout from this place can create rise of the price even higher. So far looking for the confirmation of the idea. Always consider using risk management for each trade, do not allow yourself to lose more than you can.
In the chart I'm comparing previous Decline and Accumulation zones, I found them very similar to each other.
Looking at triangles, you may find possible re-accumulation near trend-line, so it would be smart to at least keep in mind this zone for mid-term.
Best regards,
Artem Shevelev
Bitcoin 4h Price Outlook 02 January 2021 — BTC UPLatest Bitcoin price discovery at 32000 was shoking and surprise to many of us.
Hopefully btc start correction very soon. I advice to stay calm and don't try to risk more than you can afford to lose.
In this market everything is possible. So just make sure you understand risks.
-40% correction from 36 000 is located at 20 000 level so there is possible buy zone for the mid-term.
Best regards,
Artem Shevelev
Bitcoin 1h Price Outlook 31 December 2020 — BTC DOWNHere we go, after reaching 29k target we starting to decline a little. Keep in mind small move, but be ready for everything. Stop loss recommend to keep above 29k for safety.
How do you think 2021 will be bearish year?
On the chart 2 potential support zones for take profits.
Best regards, and happy new year
Artem Shevelev
Bitcoin 1h Price Outlook 30 December 2020 — MOVE UPPrice of BTCUSDT moving according to latest price predictions. So far we in 5th wave on the chart and here is the full map of Elliott Waves:
Here is price update from 27 December, where I got the entry at 26000, still holding strong, good profits, close to target.
Previous update on the 28 December about same things, active
Accordingly to my view on current price action, I move my stop loss from initial 25700, up to 26800, IMHO this is good invalidation level, and at least some profits in worst case.
Wish you a very best New 2021 Year,
BR,
Artem Shevelev
Bitcoin Price Outlook 28 December 2020 — BTC UPTonight price of BTCUSDT touched my entry at 26000, I am ready to take profit at Target zone, my Stop loss below entry.
Price looks same to triangle we saw 18 December, so target also confirmed by this fractal.
Elliot wave analysis for mid-long term
Previous chart analysis for the entry:
Ethereum Price Outlook 28 Decemeber 2020 — Move UPETHUSDT price analysis for 1h timeframe is here, there is my 1st strategy expectations. We might follow up a short-term move up, to build bigger reversal structure, then retest 700 breakout to confirm more bullish wave. If bitcoin will be stabilized during next weeks we going to see good pull upside for ETH and ERC20 based tokens.
Bitcoin Price Outlook 27 December 2020 — BTC DOWNFrom picture above you can see my expectations of Bitcoin.
Simply I think price still will be in little upside move after short-term correction.
This might be a last up-move before some good correction appear.
This trading zone is considered high risk, but what we can do about it?
Bitcoin Flag 23 December 2020 — will go UPPrice of bitcoin consolidated in Flag shape, well know pattern, this is bullish pattern, so most likely we will go up.
Just to remind you previous updates going according to the plan:
23 Decemeber Market Review, you should watch it, still actual info
Long term analysis for bitcoin price prediction
Previous btc update, active
SL and Target levels you can find on the chart.
Best regards,
Artem Shevelev
Bitcoin 1h Price Outlook 22 December 2020Welcome in 22 December update, here is previous updates to remember you overall direction:
21 December EW count
15 December view possible fractal
Here is the video about Price action Trend Line tool, you should check it
Current BTCUSD price action looks like we can rise from here upside, but be carefull and watch 22k zone, if price break it, we will go a little lower 21-21.5k
Target for rise is around 25-26k.
Bitcoin Price Prediction 2021 Elliott WaveHere is update to my Elliott Wave count for Bitcoin price of 2020, the count can potentially predict 2021.
In past we had Panic Phase, I think from November 2019, March 2020 (COVID crisis) till late May 2020 (Halving Worries).
I think right now we going trough Media Attention phase, from many places we can see news, articles, videos about Bitcoin, Mining and Cryptocurrencies. This topics covering investing, breakeven of the mining (retail), farming, and earnings from DeFi projects, etc.
After breakout from 20k, we see a new wave of traders joined the market, as well as old ones coming back to breakeven from losses, or making good profits.
I think we might retest 20k or below as possible Demand Zone for 2021. On chart the explanation for Spot Buy.
Best regards,
Artem Shevelev
XRP 4h Price Outlook 19 December 2020Hello! Price of XRP calmed down after rise from $0.25 to $0.77. This opens new opportunities for traders, as price went to sideways range. Current range approaching its end and we can see trends changing.
Now it is possible long entry for short-term traders.
Stop loss below entry with safe margin. Affordable risk is recommend.
EOS 4h Price Action Outlook 20 December 2020Price of EOS is near important resistance, there is great opportunity to take profit if price break it.
In case of breakout there is a level of resistance $3.7.
Demand zone located below current uptrend line. This zone is useful for mid-term traders/investors.
LINK 4h Price Action Outlook 20 DecemberMany people following LINK precisely, and I decided to check out price action, and find it beautiful and looks pretty much bullish.
After several Wedge patterns, price ready to the pump more.
Take profit levels on the chart. Stop loss below Wedge support is required.
Stoch RSI oversold in current wedge.
Binance Coin W Price Outlook 20 December 20202Binance Coin price action on weekly timeframe I find quite interesting.
On chart we have sets of Weekly lows and levels, and Candlestick pattern which appearing here on W timeframe is possible Hammer candlestick, which is well know reversal pattern.
Below, on Standard Deviation indicator you can see we have oversold areas with arrows and they often represent actual low of the price.
BNBUSD price currently sitting at 34$ high, and this is quite big resistance, and not best point to buy, but next price action will depend on bnbbtc ratio IMHO.
If the price of bnbbtc will increase from this reversal signal, I think BNBUSD price can possibly cost over 40$ and even 50$. Well, let's see.
Price Action Basics: 1 Tool to Rule them AllIn this vid I will explain about Price action Basic Tool.
This tool is exceptional and most used in trading and technical analysis.
This video will help new traders how to analyse chart and find trades according to price action.
Bump Like if you enjoyed the video and find it useful.
Best regards,
Artem Shevelev
Bitcoin Price Outlook 17 December 2020Bitcoin everywhere, staring at price like crazy from 1m and 5min charts :D
Just one hour ago price broke channel. I think it is important trading signal.
The chart explains buy entry for short-term scalpers in 1h timeframe and here is few pics from the higher timeframes.
Using Bollinger Bands for reality check
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Best regards,
Artem Shevelev
Magic 0.618 — Bitcoin Bull Trend 2019 vs 2020/21 Hello!
Bitcoin price seems stuck at 20k resistance zone. But here is a beautiful thing I have found on the chart.
Current price action can be compared to 2019 rally. I showing beautiful fractal, and what important is — the number 0.618. You may find I put Fibonacci retracement on the right screen in 2019 chart. The Fibonacci ruler put between swing high and low (number 1 at support line), and magic is 0.618 point (golden ratio) sets exactly at touch number 3 on resistance line, and the numbers are not random.
I think I noticed similar sequence of touches to the trend line Blue and Red, and marked them with numbers.
So the same analysis I send to the left screen on 2020/21 chart, and it following same sequence of trend lines touches and I was wondering to put 0.618 Fib ratio from touch 1 at support line, up to 3 touch on resistance, and I get number 22000$. I think it could be possible next swing high.
So now we can take our decision to take next trade according to our risk management.
Let luck be on our side.
Best regards,
Artem Shevelev
Bitcoin Price Action Outlook 14 Dec 2020Hey! Looking at the btc price action we can notice several shapes which occuring most of the time during a trend move.
I think most important shape here is triangle. This pattern require patience from the players and need to understand it's nature.
First of all all triangle shapes it is a consolidation period. During which, market players taking one side or another. This causing price fluctuations to stay in some range bound before the one side will take the advantage. In some cases price goes in flat range, in some cases with expanding or narrowing.
But in each case for swing trades it is important to take advantage of this shapes and take right decision for the move.
For bitcoin price we can see it sloping in the apex of triangle, but this shape isn't completely finished yet. Seems like it would have go another week or two for sideways near 19600 and 18500 zone (interest zone on the chart). This zone can be used by day traders to get into positions, as well as swing traders to start opening a initial position with slightly higher risk, but this is depends on your strategy.
My strategy is quite simple, I am splitting position size to few orders in the potential entry levels. And making same thing for take profits. Using OCO type of order I can set SL and TP both to the orders. Using this technic with affordable risk makes stable income from trading for nearly 2 year for me personally. But what work for me, doesn't have to work for you. This is quite fine matter... You have to find out what suits you better.
I hope you enjoying your trading and learning.
Best regards,
Artem Shevelev