BTCUSD breaking out RIGHT NOWBTCUSD seems to be continuing its short-term bullish momentum.
What we can see on 1h time-frame is a breakout of the bull flag formation with a target somewhere between $18000 -$18350 which would be a great area to flip short as well.
As the breakout is just happening now, you still have time to take a long position.
Stop loss: below or at 16850$
Target for longs: between $18000 -$18350
Bitcoin-btcusd-btc
BITCOIN Going to 18500 for a 1D MA100 rejection.Standard Channel Down for Bitcoin on the 1D scale. Since August 15th all Lower Highs were rejection a little over the 1D MA100 (green line). Currently the RSI is rising like the previous time. The 1D MA100 is now at 18900. With this projection the price can break it around 18500.
Will it get rejected again or this time will be different?
Follow us, like the idea and leave a comment below!!
Criminal Activities in Crypto MarketThis year, crypto-related hacking has high activity. Since the beginning of October, approximately $718 million worth of cryptocurrency has been stolen, bringing the total for the year to over $3 billion. However, numbers are currently 65% lower than where they were at the end of July in 2021.
In addition, revenue from scams has roughly decreased in accordance with Bitcoin prices from January 2022. Not only is scam revenue declining, but the total number of individual transfers to schemes in 2022 is at its lowest point in the previous four years.
In addition, these figures imply that less individuals than ever are falling for Bitcoin frauds.
Crypto scams
● Investment scams: Pump-and-dump schemes are an example of investment fraud. A fraudster
will convince you to purchase an obscure cryptocurrency at a "cheap price" promising that the
asset´s value would soon soar. When you purchase, the price increases. However, later the con artist sells off their holdings at a higher valuation. That is causing the price to drop and leaving you and any other victims in the red.
● SIM- Swap scams: This is also one of the most recent types of crypto scams that exist today.
They take place when a con artist obtains a duplicate of your SIM card and has full access to
your phone´s data. As a result, the victim may not even be notified. The victim´s cryptocurrency
accounts may be already compromised and deleted.
● Fake Crypto Exchanges and Crypto Wallets:
Your social media accounts will show you websites that promote affordable Bitcoin with huge returns on the initial investment. When customers pay a hefty initial charge, they are routinely prompted to spend additional money. In addition, you´ll probably discover that your money is missing when you try to withdraw it.
● Upgrade scams: Scammers trying to persuade customers agreeing to fraudulent transactions or
giving over their private keys represent one of the most immediate concerns.
● Phishing scams: Although they have been around for a while, phishing schemes are still widely used. To get personal information such as the password to a cryptocurrency wallet, scammers send emails with nefarious links to a fraudulent site. It is troublesome to change the cryptocurrency key. Therefore, each key is exclusive to a wallet. As a result, a new wallet must be made in order to change this key.
Tips for avoiding scams
Investment scams are obvious once the provider claims there are huge returns on investment and there is no risk regarding your loss of money.
Never enter secure information from an email link to protect yourself against phishing schemes.
The individual has to go directly to the official website to verify it. Also, regarding the scams such as fake crypto exchanges and crypto wallets, stay with reliable exchanges and wallets with a substantial user history to avoid similar frauds.
In fact, you should assume a wallet´s website is a fraud and move on if it makes an attempt to look like a well-known company. Last, you can prevent SIM swap frauds by using strong passwords and security questions along with locking the phone with your service provider.
In a nutshell
Nobody enjoys a crypto bear market, but there is one positive aspect. Criminal cryptocurrency
activity has decreased slightly alongside that of respectable activity. However, it appears that
criminal activity is more robust to price declines. Compared to respectable quantities, which are
down 36% year over year, illicit volumes are only down 15%. The US dollar is the most often used currency for these kinds of fraudulent transactions.
Even though there are many scams existing in the crypto market, more users know how to spot possible scams right away because that is not something new and unseen. However, the numbers of illicit activity are still high. Yet with new security protocols, there is hope that fraud can be slowed down in overwhelming the cryptocurrency market. There is no denying that cryptocurrencies have been used in illegal behavior, but the same can happen with any type of money in existence.
The most important action users can take is to protect their private information as best as they can.
BITCOIN Bullish Cross aims at $21000 at least.The MACD on the 3D time-frame is about to complete a Bullish Cross today. If the session closes that way, it will only be the 5th time since July 2021 of this occurence.
The past four events made Bitcoin (BTCUSD) rally on a minimum of +26.50% and maximum of + 65.15%. From the current levels, that gives a min rise at $21000 and maximum at $27500.
Even the minimum would put BTC above the 1D MA200 (red trend-line), which has been the strongest Resistance of this Bear Cycle, rejecting the price since the start of the year.
What do you think? Will this Bullish Cross push Bitcoin to at least 21000 and if it does, will the 1D MA200 break-out be the start of the new Bull Cycle? Feel free to let me know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
BTC Long Scalping SignalBTC is touching the trendline and hopefully will bounce back from here. As our prediction earlier this week, we will enter a Long postion here, but we will need a specific plan, which is:
Buy a really small portion now at ~16k8. Buy some more if the price reaches 16k5. Targeting 17k8 and worst case scenario, stop your loss at 16k2.
Watch the reaction closely and calculate your volume carefully on this trade.
Entry: 16k5 - 16k8
Sl: 16k2
Tp: 17k8
Bitcoin short-term view - BTC losing support🚨Bitcoin short-term view update
(a) BTC just losing SMA200 & EMA50 (4h chart) support🚨
(b) bearish target would still be $16,500 - RSI support to be expected
(c) bullish target above $17,500 more unlikely now
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Bitcoin - BTC and the KST cross❌below 0🚨🚨🚨Update:
Look at these KST cross❌below 0 in the past for Bitcoin 🚨🚨🚨
Except one bad signal October 2018 we had six beautiful buy signal for BTC with great gains followed
Crypto Nation - KST already crossed❌again
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
BITCOIN Don't look beyong this indicator. Huge Buy!!Bitcoin's monthly CCI indicator has bottomed and is already trending upwards. The previous three times this happened, it marked the bottom on BTC and it started rising as well right after.
BTC has been in this range since June and it is not all that different from Nov 2018 - March 2019, March 2015 - Sep 2015 and December 2011 - June 2012. Technically this should be all you need to know in order to buy these extremely oversold levels. Buy and hold for the next 2 years. It is a cycle that keeps repeating itself and greatly rewards those with patience.
Please like, follow and comment!!
BITCOIN Historically best buy NOW. $150k next peak.Let's keep things simple. The 1W RSI rebounded on the Channel's bottom in June, a Channel that has flawlessly caught all cycle bottoms since 2011 and as a matter of fact the Highs as well.
The first two cycles peaked a little below the 1.5 Fibonacci extension from the previous High (bottom to top of Bull Cycle). The last one peaked on the 1.236 Fibonacci. If the narrative changes in order to fit the Parabolic Channel that Bitcoin has been trading in and which is getting narrower offering lower returns in each Cycle (diminishing returns paradigm), then a 1.236 Fib on the new cycle would be almost exactly at $150000.
It will be a rough ride and things surely look far from ideal now but pessimism and (extreme) fear were always (much) more stronger at bottoms. Buy don't look back and get ready for $150k in 2025.
Follow us, like the idea and leave a comment below!!
itcoin Buy🟢and Sell🔴signals by the Stochastic Momentum IndexUpdate:
Great Bitcoin Buy🟢and Sell🔴signals by the Stochastic Momentum Index (SMI) with modified settings
Despite one false signal🟠quite great swing Trade gains dear BTC and Crypto Nation😎
Follow for the next cross❌update👀
January 2023 realistic❓
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Bitcoin Potentials MovementStill strong downtrend below 21,50 and 200 moving average
Weekly Candle 🔺🔻
Volume: Still In Progress
Volume: 18.326K (previous week)
O: $17113.00
H: Still In Progress
L: Still In Progress
C: Still In Progress
O: $16420.00 (previous week)
H: $17418.00 (previous week)
L: $16004.00 (previous week)
C: $17114.00 (previous week)
____________________________________
EMA 21
$20409
EMA 50
$26802
EMA 200
$25480
____________________________________
RSI 34.34
Base 34.68
Still In Progress
RSI Stochastic
26.70
15.60
Still In Progress
____________________________________
Potential Downtrend Current Target is $11.5k-$13.5k
BITCOIN The Golden 51%-49% Ratio is back! Is this the next top?After the interest that the revised version of my Logarithmic Channel model attracted, I thought I'd extend it by adding a few more elements, most notable of which Tradingshot's very own Golden 51%-49% Ratio!
Basically I've been asked continuously to make an update on that legendary chart, so here is an extension, though I promise I will also make an update with the original minimal pattern.
For those who don't know how this Ratio works, it basically suggests that on each Cycle, the phase from the Bottom to the Halving is 51% of the whole Bull Cycle while the rest (Halving to Top) consists the 49%. Practically it claims that the Halving is roughly at the middle of each Bull Cycle.
As the Logarithmic Growth Channel suggest that November 2022 was the absolute bottom of the 2022 Bear Cycle, we can now use the next Halving (number 4) and apply the 51%-49% Golden Ratio. Halving 4 is projected to be on May 26 2024 and based on the Ratio that puts the High of Cycle 5 near the end of November 2025. On every Cycle, once the Bear Cycle Lower Highs trend-line broke, BTC started officially the Rise, which after the Halving turns parabolic.
Do you think a $200k Bitcoin realistic during Cycle 5 based on the combination of this two patterns? Feel free to let me know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
RLinda ! BTCUSD-> Bears in bull's clothing? What's going on? The current price of bitcoin is $16950. The 24-hour trading volume is $18 billion. CoinMarketCap is currently in first place with a live market capitalization of $356 billion, up from $358 billion yesterday. The flagship has a total stock of 21 million coins and a circulating stock of 19 million BTC coins
Bitcoin has struggled to break up through the 17,065 level, but after a false breakdown, the price goes into a correction phase, but at the same time forms a symmetrical triangle on the local rising trend.
-Bull divergence on weekly RSI continues to develop
-Bitcoin by Month. October stands out as the most positive month in terms of dynamics
-SMMA 250. Demonstration of the support line against the backdrop of key events of the times. 2015 - BitFinex crash. 2020 - pandemic coup. 2022 - FTX crash.
The collapse of FTX triggered one of the strongest capitulations in bitcoin history. Nevertheless, the characteristics of this maneuver have some similarities to the 2015, 2018, 2020 crashes.
Glassnode, likewise, claims that long-term holders, against will and determination, continue to hold the asset, while at the same time there is an unprecedented depletion of sellers in the market.
A strong trend line from April 2021. Bitcoin has been approaching the downside zone many times in the last 4 months, but only for a retest.
November put a lot of pressure on this resistance and once again the line has been broken.
The price reacts quite violently to the resistance line. The bulls manage to overcome it, but there is a 17592 liquidity zone ahead, which will be difficult to pass.
Bitcoin is in strong isolation. The price is sandwiched between the downward resistance line and the lower boundary of the previously broken range. The 17592 liquidity zone may not allow the price to pass it the first time, I think it is logical in this case to expect a pullback towards 16000.
Indicators so far without any clear setups. The RSI is below the neutral line, while the MACD chart indicates some bullish superiority, but the sliding lines are still in the red zone.
The MA-50 and MA-200 moving averages are as resistance.
Bitcoin is in a local ascending price channel. At the moment it is difficult to speak about change of trend, maybe it is just upward correction. Let's break down the two sets.
The price is in a triangle, the previous movement was bullish, which suggests the possibility of a breakdown of the triangle resistance and renewal of the tops.
If that is the case, we should expect the price to move beyond the upper boundary of the triangle, consolidation above the level of 17065
BUT, the global trend is bearish. Bitcoin in the global perspective is in the short zone, so it is a priority to consider selling.
The price has tested the resistance of the uptrend channel and so I believe the next target will be support - a standard trading system when working with ranges.
We expect a breakdown of the triangle support, price consolidation in the short zone, after which a drop to 16250 is possible.
Regards R. Linda!
Bitcoin short-term view - symmetrical triangle (re-drawn) 🚨❓👀Bitcoin short-term update
BTC in a symmetrical triangle (re-drawn) - breakout today🚨❓👀
(a) bullish target above $17,500
(b) bearish target at $16,500 (FIB golden pocket)
(b) RSI fighting with resistance
Have a great day dear Crypto Nation😎
RT & Follow appreciated🤗
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
BITCOIN Long and painful but necessary bottom process!We rarely post Bitcoin (BTCUSD) analyses on the 1M (monthly) time-frame, but this one does justice is showing the complete long-term picture.
On a monthly basis, Bitcoin has been forming a bottom since the June Low, within a zone formed by the Fibonacci MA and Multiple 1. At the same time the 1M RSI has been trading exactly at the bottom of the Channel Down pattern that goes back to April 2013.
This is the painful but necessary bottom process that BTC has to go through on all of its Cycles and it appears that it bears more resemblance with the early 2015 sequence. The cyclical pattern on every Cycle is the same. Lower Lows, a Resistance and a Cup like formation which after it breaks the Resistance starts the parabolic rally to the new Cycle High. Based on this model, the next Resistance break-out may not happen until early 2024.
What are your thoughts on this? Is Bitcoin about to complete a painful but necessary bottom process? Feel free to let me know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Bitcoin - Elliott wave count to the bottomIn this 4-hour chart I consider the Elliott Wave count and what this might mean for the current posture and ultimate low. I also point out a prior line of resistance is as yet unconfirmed support and the break above the neckline hasn't manifested in bullish confidence or volumes.
In doing so I feel I might have answered the question I posed in the last post, identifying that the iH&S reversal pattern is more likely a fake-out than a break-out.
What do you think? Are we now entering a final wave 5 of the impulse lower, or is my count wrong, support lined don't need confirmation, volume on bullish indicators is insignificant, and BTC is now unstoppable?
Bitcoin short-term view - triangle breakout today🚨❓👀Bitcoin short-term update
(a) BTC in a symmetrical triangle - breakout today🚨❓👀
(b) bullish target above $17,500
(c) bearish target at $16,500 (FIB golden pocket)
Have a great day dear Crypto Nation😎
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
BTC - Crab Zone Crab zone between is between 16.2k - 16.7k.
If price closes above - target June lows at 17.5k, and if that offers no hard resistance, if it flips into support, then the August highs of 25k is on the table.
If price closes below - Target 15.8k, and if that offers no support, then new lows are likely (10-14k)
BITCOIN Log Growth Curve the only pattern that matters right nowOn this chart we seen Bitcoin (BTCUSD) on its historic Logarithmic Channel (LC), the channel that has been trading in since its inception and will put emphasis on its Growth Curve which is the pattern we popularized here since early 2019.
See how well the model has been containing the price action going more than 3 years back:
Back to today now. As you see on this chart, which as we mention is the only chart you should care about right now, Bitcoin following the FTX crash hit the bottom of its Logarithmic Channel (LG), displayed by the green line, which historically has proven to be the ultimate buy level, with strong rallies following shortly after.
Since then it has been trading on the green line, which we call the Growth Curve (GC), showing the first signs of a new, and most likely the final, accumulation phase. As long as it stays within the GC and the dotted line above, BTC will continue to accumulate.
Above that, the first historic Resistance in an upcoming Bull Cycle is the Blue line, which kept the price at bay for most of the 2012 and 2015/16 Cycles, before the parabolic rally that capped the Bull Cycle.
The yellow line is a typical pivot line during both Bull and Bear Cycles, as you see it held the first waves of the 2021/22 Bear Cycle before eventually failing.
The orange line, is the level where investors typically look to sell and exit the Bull Cycle, while the zone formed by the upper dotted line and the red one has historically been an absolute (extremely overbought) belt.
Right now the price is on the absolute bottom of this model that has never failed while having the Multiple 8 (grey trend-line) just below it, which also has never been broken and marked the bottoms of March 2020, August 2015 and November 2011.
Are you a buyer or a seller based on this? Feel free to let me know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇