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Bitcoin-chart

Some patterns and global BTC trendlineHello I have been bullish from 50500-52200 zone, but decided to sell what I bought at that zone again.. here at 53000-54000. And re-accumulate half.. at 50500-51000. Reason is that a double bottom is very likely, looking at blue squares. From here it could go up again, the pattern is kind of equal. What is making me more bearish in this case is the red line retest: Confirming global trendline.. it looks bearish. Means I just made my wallet contain more stablecoins than crypto, preparing for a leg down again. So I am accumulating some at 50500-51000, but if it breaks.. I don't matter too much. My general biggest buy zones are at 41k zone, 46k zone (fibonacci) and 30--35k zone (Historical resistance, after a big BTC "crash") These don't show on the current charts. A short from 53000-54500 (some wick protection) seems good.. and you can keep SL close in case it does break through. Good setup considering Risk vs reward!
Short
by Bitcoinleverage_1
Is correction OVER for Bitcoin? Correctiong for Bitcoin has just started, we droped down around 30%, and now we are having next step of correction. On higher TF we stil have HG/HL which is good, the structure of the chart hasn`t been destroyed. But on lower TF we are bearish. My point is to compare curent correction move with previous correction which occured in January. It took around 20 days for price to start growing again, so I assume we will have more less similar situatuin now. Generally March isn`t the best month for the market, so we will see high volatility and continue current correction for the next couple of weeks. After that I expect we will continue our bull run and altseason. Thank you for watching. P.S. It is my personal opinion. I am not financial adviser. DYOR. Have a nice day!!!
by sorokanstanislav
5
You need a dollar dollar, a dollar💰 on Bitcoin...!!!30-min chart - New "Value Area " negative sign (U-turn) R-8912 nearby The "Parallel Channel" price congestion expected with decisive zone : still not clear up or down...? ==> ✍ Kindly Vote in comment , what you think Plan A or B? Weekly Trouble/Downtrend: This is the road of the Bitcoin, we can see where it goes together You & I know, trend is downward from this pattern. Bad times are coming and I & you reap Dollars, isn't it? It's been a long old trouble long old troublesome road below 8241 w hich can push price down free fall. Last Selling Successfully Target achieved of Bitcoin:
BITSTAMP:BTCUSD
by Jay_shree
393
No change in PLAN, but little more advance clues! BTCPlan (B): Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby Bottom of the page, this plan(B) original idea posted. => Below 9819, the price is not bullish and its can continue to create new value are approximately given in projection. If you are holding your position from Plan (B), trial stop-loss on closing base of candle above 9818. And you can continue to hold first target at 9444 nearby. You can write your query in comment section and kindly dont forget to hit LIKE button. The parallel channel has two resistance, one is at 9857 nearby and one exact near the cmp. The positive sign is developed. two chart are opposite to each other. Be active and careful...! Just look at this simple support . -------------Active call for swing traders------------ Follow me if you want more update. Thanks.
BITSTAMP:BTCUSD
by Jay_shree
519
The possibility of something is cooking in Bitcoin kitchen...!All the major resistance and support plotted on the chart. The price breaking out any of these R 9083 and R 8398 will give us new direction of trend . The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel. Traders can trade both either buy at pepper bound or sell at lower bound until breakout the channel with confirmation. Let take a closest look with different angles: Very Low Volume Narrow range in price with series of almost no body of candle. price rotation remarkable point: price falling with vol. volume before the price rotation. ---> You will get big move shortly with volume surged .
BITSTAMP:BTCUSD
by Jay_shree
228
Seeking a clue for breakout and direction, Bitcoin chart!Hello! Friends, I came with new research an idea but, before to start talk about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance. Till trend is up in other timeframe so, 10% higher chance to move up the side. seeking a clue for the time of breakout and direction. The consolidation will continue until we didn't get test of money makers. Don't take any position: See k first to understand, then to be understood. -------------------------------------------------------------------------- "" Intraday(30min charts) CHART "" -------------------------------------------------------------------------- Presently Bitcoin price is following parallel channel on 30 minutes timeframe chart: Target was achieved. -------------------------------------------------------------------------- "" DAILY CHART "" -------------------------------------------------------------------------- PART (i): Wave Theory This is the only chart which is looking for a downward move. ..! PART (ii): We have seen upbreak as expected. -------------------------------------------------------------------------- "" WEEKLY CHART "" -------------------------------------------------------------------------- PART (i): Till not found any -ve sign on weekly chart of patterns: Relation of Cong estion vs. Volume exa mination: Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs. All the Congestion has low volume and after the breakout, we are seeing a single directional move. If we are at the CONGESTION phase, we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases. PART (ii): Following patterns has been detected-: initiative movie two triangles rounded move with low volume tails (while u-turn ) Bitcoin is trading in Up-Wave .
GEMINI:BTCUSD
by Trade-Technique
314
Parallel Channel proved its important, Bitcoin Kinnari_PrajapatiHello! Friends, I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance. Bitcoin is following channel which was drawn by me on 11th APRIL (I will put the link and result bottom of the page) The breakdown point is important for long traders. I will update the new trend after breaking the breakdown. A trader can by BTCUSD at value. => In the last posted idea, many traders were asking "to buy bitcoin" and my replied w as: Buy Bitcoin at gravitation line and at the value low. This bounce is exactly from Value low. The next move projected on the chart. -------------------------------------------------------------------------- "" WEEKLY CHART "" -------------------------------------------------------------------------- This is " Price Action with Volume theory". PART (i): Relation of Congestion vs. Volume examination: Herein, 4 CONGESTION found throughout VOLUME declined . 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs. All the Congestion has low volume and after the breakout, we are seeing a single directional move. If we are at CONGESTION phase , we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases. PART (ii): Patterns are on the chart:- Similarity showed by a Black circle . Following patterns has been detected-: initiative movie two triangles rounded move with low volume tails (while u-turn ) Bitcoin is trading in Up-Wave . PERFORMANCE Of Bitcoin link:
GEMINI:BTCUSD
by Trade-Technique
488