Bitcoin-trade
If Bitcoin Dips Again, I'm bagging more DOT.Bitcoin's PA of late has seen price go through resistance like a hot knife through butter. We went up quickly and earlier than many had expected, myself included. I picked up some DOT earlier, but not as much as I'd liked to. This scenario presented could be a decent buy if Bitcoin retraces to the 42k or 40k area, clean some liquidity and fill the FVG areas identified in the chart.
I think it's important to trade carefully and see how we react on retrace of the 21 Week EMA , just to be cautious. We have seen Bitcoin retrace above the 21 Week EMA , consolidate, then drop again. This set up is intended to play the bullish reversal from a retracement, to 45,000 or beyond.
In the chart above I’ve identified Market Structure Break areas, these breaks of structure of the 4hr and 1hr time frame help make decisions when trading on the lower time frames. Always use in conjunction with other areas of confluence.
OBs and Points of Control from the 4hr range recent swing low with entry targets.
Same with as above but below is the scenario where Bitcoin retraces a little lower. For me, Bitcoin's price action is a big factor in making swing trades across the daily and weekly time frames. So I'll be watching that space!
Interestingly enough, on the Line graph I see different levels for potential MSBs.
Let me know what you think and have a good week guys.
Bitcoin Try to Break Upper Level SoonThere is some good news on crypto market. I think war is an opportunity for btc. Now Bitcoin want’s to move on 52000 , but here is 3 times strong support line.
Wait untill Bitcoin test the 41000 price zone or near by . Then you have an opportunity for buy it. Also watch alter for better profit. I am purely bullish with some correction.
A possible continuation run on BitcoinWe have seen BTC made some rally to the up side for some time, we expected a short term decline in price to $40,000 - $39,00 so as to give major investor opportunity to join in the bullish move, or a possible creation of wyckoff pattern.
At the moment we could expect more rise in price with a tight stop loss, as over all market seems to be bearish.
BTC Weekly range long setup BINANCE:BTCUSDT
Bitcoin is currently bouncing up but I won't jump into trades now because I think bitcoin is in a weird spot right now. I think we can definitely see a drop back down to the 2021 yearly support of 32 - 29k This is the place I would long. I would place a stoploss below 29k incase we break the yearly support and take profits in the range midpoint at around 43 - 46k
$BTC what needs to occur for us to remain bullish 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Bitcoin struggling to maintain green today is a clear indicator that it is drowning. If $BTC remains in this state before Tuesday, then we will change our sentiment to bearish. What we WANT to see happen within the next 48 hours is Bitcoin retesting support at $40,500. A bounce off $40,500 and we will remain bullish for the week ahead.
The candle for the week of Jan 10th needs to end in the red for the weekly candle of Jan 17th to be green.
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BTCUSDT in the sensitive area of further decline or notPrice gets strong support from $ 40,000
If this support area is broken, the next downtrend will be $ 35,000, and if it breaks, the price will fall to the $ 30,000 area ($ 30,000 and $ 40,000 areas are more important).
The downtrend scenario will be ruled out if the price is between $ 40,000 and $ 45,000 and does not go down, and the uptrend will begin if the $ 45,000 area breaks and stabilizes in the first phase.
thanks
Will there be an AVALANCHE? (AVAX Long-Term Analysis)AVAX has been trading within an ascending channel since August 2021 finding support multiple times and keeping above its 100/200 day EMA's. As BTC’s ~45.6k support broke yesterday evening, many alts have faced a pullback. However, most are still trading near the bottom of their long-term channels and have found some level of support despite BTC’s drop to ~42.5k.
Here, we can see that AVAX could bounce from the bottom (~85) but I wouldn’t open a trade blindly as currently, we are in free fall. It is worth waiting for an initial green candle from the ascending support before buying.
I haven’t posted a BTC analysis yet but I think the ~42.5k support could break (unless there is a big buyer) in which case we can move to the ~41k level. If this happens quickly, the panic/liquidations could cause a quick wick toward 39k. Provided the long-term supports hold for the alts I have posted so far, this could be a fantastic opportunity to accumulate the alt you have been wanting for a low price.
What are your thoughts?
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments, questions and thoughts below!
Ethereum looking for lower prices for better purchasesWe are personally very interested in Ethereum. But price movements indicate the possibility of a downward correction. For trading with daily strategy, sales up to 3500 zones are suitable for the first target. If the first area hits, the second target is the price of 2800.
But if you have a crypto hold strategy, you can be ready to buy for the first step in the 3500 to 3600 zone. If the price passes through this area, the price of 2800 is suitable for purchase.
Bitcoin Current Market update bullish above $50000#BTCUSDT TA Update :-
$BTC currently trading at $54200
Now all Are panicked.
Yes Already I told you never do gambling.
Always Trade with any confirmations.
No worries.
Now Bitcoin holding good support at $54000
Worst case support is $51000
If Bitcoin again dump and Price go below $51000 and instant up above $51000 range that mean Liquidating high Leverages traders.
I am buying 20% BTCUSDT Positions here.
But if Bitcoin daily candle close below $50000 that mean Bitcoin entered in Danger zone.
Play safe.
Support :- $51000
Resistance :- $58000