Get started

Bictoin

Bitcoin – up or down?Hello, everyone! The symmetrical triangle which I consider in our last analysis transformed into the ascending triangle. It can be transformed also in rising wedge, but now it’s the triangle and we are going to wait for the breakout. As a result we have two scenarios: 1)Scenario 1 – the breakout to the upside target $44700. This scenario is possible, because we can see the growing number of short positions. Their stoplosses are more likely above than the previous local high at $44000. The market can take this liquidity and dump below $30000 after that. 2)Scenario 2 – the breakdown to the downside target $32000. In this case I expect the strong bounce at least to 40k if the bullish signal will be given. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
by Skyrexio
2
Bitcoin – last chance!Hello, everyone! Bitcoin took my stop-loss. I lost 2% of capital. Is it dangerous? Of course not, I is the part of this game! What do we have now? Pifagor MFI and Big Guy indicators gave long signals again. It is great! Fear and Greed Index = 19 – extreme fear – perfect! Falling wedge is still actual – nice! While this falling wedge is not broken everything is ok. Moreover we have potential triple true divergence. If the strong downtrend impulse will not occur we will see it. What we should do in my opinion. 1. Do not panic 2. Now to be out of position 3. Waiting for the true divergence confirmation to go long (I will tell you when) P.S Traders who have the proper money management, like me are not worried now.
by Skyrexio
8
"ONE Million Dollars!!!!" - Dr EvilMy next Bitcoin prediction is here. Yes I nailed my last trade harder than Charlie Sheen in a hotel room with four pornstars... ...but I am not here to talk about that. I am here to talk about all the people who are now saying "37k! Bitcoin is crashing!" Because they are the same people who just a couple of months ago were calling for a One Million Dollar Bitcoin like they were bloody Dr Evil! These people will lead you astray. They do not have diamond hands, they do not have control of their emotions, of their psychology, they are scared inexperienced traders and you should be careful listening to them. Holding onto a coin hoping it goes up is not diamond hands. Keeping a cool head while all about you are losing theirs is the REAL diamond hands. Now to my question; What do you think will be next for Bitcoin in January 2022? I read every reply. - NInja
Long
by NinjaTradingServices
11
BTC Update ChartHi, I try to post often so if you could follow and like it would mean a lot to me. In my previous idea I talked about BTC breaking down the 45K support and that scenario played out today. I expect a price movement similar to what happened in june. The OBV is decreasing and altcoin market is bleeding out and for now is very risky to enter a trade with high leverage. I think that we will hit levels between 35K-37K in the mid term. After that a BTC uptrend will probably resume, since I don't see the coin reaching levels below 20K this year. Watch out, there will be plenty of oportunities to invest in crypto this year so don't chase any profits if the risk is very high. Comment what you think and check out my related idea. Thanks!
by Devan-CryptoCharts
4
Bitcoin - Current situation 3 days TF* Not a financial advice Bitcoins current situation with 3 days TF. Bulls nearest target is 52K while gigantic bearish flag is expanding. Bulls trying for trend reversal and they succeeded till now so far. They now have daily support but resistance also growing. So everything depends on magazine news and your point of view. Bulls have got important backups but don't underestimate the bears, once the waterfall begins that may ruin the day. Good luck to both sides.
by trader_ozyw
1