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Bitcoin-trading

BTC : ON IMPORTANT MOMENT FOR BREAKOUT VOLUME $32800 - 38KBTC seems on a very interesting point, and as the volume plays between the uptrend of 31K and the dip trend of $30K, can this signal that there is an interesting volume that wants to affect the BTC price? We still expect that BTC can enter a new breakout to $32800 where the price can increase further to 38K, this is more on the technical view of the BTC price action. The last breakdown can be a dipping trend for a new breakout. Every huge breakout did start with a breakdown. There can be more time to play with the price action before a breakout could happen. It's not so easy that we could follow the price up and up.. there should be always volume out to get new LIQ in price. 2 important uptrend targets we checkout $32800 $38K For the bull trend target we check $47K
Long
by Goldenbreakout
2
BTCUSD entering range?We have seen some very interesting price action from B TC recently with a returning surge to the 30k handle. Price has also broken long term down trend but is showing signs of being range bound until the next heavy impact news or data. - Price breaks long term down trend to lows of 15k - Return to 30k handle and test of resistance - range bound price action on the higher time frames Plan - Hold for better entry at lower prices or at support levels around 24k - Look for reversal patterns and role reversals into up momentum - lower time frames - Watch for break of resistance and Higher Low on the 30k handle for best entry prices Feel free to drop a comment with your views on this market!
COINBASE:BTCUSD
by Youza
#btcstarburst RINSE AND REPEAT BTC This definitely looks as if it could have the potential for a rinse and repeat pattern how far down… who knows… new likes to say the sky is falling that btc is going to zero. Rinse and retweet the map has been strong… FACTS I don’t set the rules. I could go to 25kish or not. DCA safely… We are not truly bullish until in the clear of 32k. Then game on. So play it safe… ALTS are cheap and dangerous… FACTS… there are other forces in the world that harm the financial markets… DCA SAFELY GANN MAP There are many amazing projects that will make it through to the next bull market and so on… the question is how do you put your eggs in one basket? According to the SEC pretty much all stocks and crypto are securities in the framework … IF Long term an investor has the hopes of profit, so we as investors have exit strategies short or long term… So lets start here…? This seems confusing, vague/open ended…
BINANCEUS:BTCUSD
by Jonnycatx
3
$BTC Supply and Demand Zones as well as Support and Resistance Based on the 15 min intraday chart of BTC as of March 24, 2023, here is a possible analysis: Supply Zone: $28,500 - $28,800 Demand Zone: $27,000 - $27,200 Support: $27,000 Resistance: $28,800 The analysis is based on the following factors: Technical Analysis: The supply zone is formed by the high of March 23 and the open price of the last candle, while the demand zone is formed by the low of March 24 and the close price of the previous candle. The support and resistance levels are also derived from these zones. The chart shows a downtrend within these zones, with lower highs and lower lows. The volume is relatively high, indicating strong selling pressure. Fundamental Analysis: BTC tracks the performance of Bitcoin, which is the leading cryptocurrency by market capitalization and adoption. Bitcoin has been trading near its all-time highs, supported by growing institutional and retail demand, innovation and development, and network effects. However, some challenges such as regulatory uncertainty, scalability issues, and competition may limit further upside potential. News and Events: BTC may react to any major news or events that affect the market sentiment and expectations. For example, on March 24, 2023, the US Securities and Exchange Commission (SEC) rejected a proposal for a Bitcoin exchange-traded fund (ETF) by VanEck, citing concerns over market manipulation and investor protection. This may have triggered a sell-off in BTC in the morning session. Sentiment Analysis: BTC may also reflect the prevailing mood and emotions of the traders and investors. One way to measure this is by using indicators such as the Fear & Greed Index (FGI), which measures the implied sentiment of Bitcoin options. A high FGI indicates greed and optimism, while a low FGI indicates fear and pessimism. As of March 24, 2023, the FGI was at 40, which is in the fear zone, suggesting some caution and nervousness in the market. Machine Learning and Artificial Intelligence: BTC may also be influenced by algorithms and bots that use advanced techniques such as machine learning and artificial intelligence to analyze data and execute trades. These methods may be able to identify patterns and trends that are not visible to human eyes or conventional tools. However, they may also introduce noise and unpredictability into the market, especially during periods of high volatility or low liquidity. Price Action: BTC may also follow its own logic and behavior based on supply and demand forces. Price action is the study of how price moves and reacts to various factors without relying on any indicators or external information. Price action traders use tools such as candlestick patterns, trend lines, chart patterns, and Fibonacci retracements to identify entry and exit points based on price movements alone. Based on the 15 min intraday chart of BTC as of March 25, 2023, here are some possible supply and demand zones as well as support and resistance levels: Supply Zone: $28,800 - $29,000 Demand Zone: $27,200 - $27,400 Support: $27,200 Resistance: $29,000 These zones and levels are based on the previous day's high and low and the current day's open and close prices. The chart shows an uptrend within these zones, with higher highs and higher lows. The volume is relatively high, indicating strong buying pressure. However, if price breaks above or below these zones, new supply and demand zones as well as support and resistance levels may be formed. For example: If price breaks above the supply zone ($28,500 - $28,800), a new demand zone may be formed around this area, while a new supply zone may be formed around the next resistance level of $30,000¹, which is a psychological round number and a potential target for many traders. If price breaks below the demand zone ($27,000 - $27,200), a new supply zone may be formed around this area, while a new demand zone may be formed around the next support level of $26,000², which is the low of March 22, 2023 and a previous resistance level. I hope this helps you understand my supply and demand zones better. Do you have any questions or feedback?😊
COINBASE:BTCUSD
by DailyTradeSetups
Near Identical Rally SetupHello! Yesterday I posted an idea based on ascending triangles that turned into a pretty good trade (link below). In this idea, you can see that one included as well. The first set of triangles was yesterday's setup. Today's idea shows another set of triangles that have formed and they are nearly identical to yesterday's. I'm going to leave my long open for now. There was even a small dip at the end of the first triangles that has played out again here. Though I am long I think it's a pretty precarious situation. They won't play out the same way necessarily. There is many other factors I take into consideration when taking a position. - Yesterdays Idea
Long
by D-Rock_Anomaly
Bitcoin Shorting IdeaGood evening Traders, We had a wild week in legacy markets but also in crypto. With Bitcoin setting new highs, Gold above 2000 USD/oz, we seem to have a steep bullish sentiment of "store of value" assets. This move on both assets is an opportunity, what you need is a plan, a plan that helps you profit. Here is my Game Plan: - Bitcoin needs to push into box between 28500 and 29500 - We need to see some price consolidation - No big spikes above 30k (otherwise idea is rejected) - Drop right onto 28500 - Further consolidation needed - Once we break below 28500, trade is activated and I will be looking to short - Short when Bitcoin breaks 28300 clearly Hope this helps, but make sure to watch the video to understand the idea. Leave me a follow if you enjoy my content! Best TraderCH
Short
by TraderCHgold
3
EOS/USDT Technical Analysis overviewBased on the chart analysis:- EOS is currently trading at $1.21 and appears to be in a parallel channel. It is currently testing the resistance level at 1, and if it breaks above this level, there could be a potential upward movement. However, if it fails to break above this resistance level, it could test the support at $1 once again. It's important to note that trading decisions should not be made blindly and should be approached with a professional mindset. It's also worth mentioning that the market sentiment could shift from super bearish below $1 to super bullish above $1.96. If you found my content and analysis helpful, please consider liking, sharing, and following me. Your support is greatly appreciated and helps me to continue producing high-quality content for you. Thank you for your support!
Long
by CryptoPatel
5
BTC!! 4H chart🔥🔥 BTC Next target $24k soon 🔥🔥🚀🚀 Bitcoin price analysis is the process of evaluating the historical and current market data of the cryptocurrency in order to predict its future price movements. The primary tool for this analysis is technical analysis, which involves studying charts and market indicators to identify patterns and trends that can be used to forecast future price movements. One of the most popular indicators used in Bitcoin price analysis is the Moving Average (MA). This indicator tracks the average price of the cryptocurrency over a certain period of time, and is used to identify trends in the market. For example, if the 50-day moving average is above the 200-day moving average, it is considered to be a bullish signal, indicating that the price of Bitcoin is likely to increase. Another important indicator is the Relative Strength Index (RSI), which measures the strength of the current price trend. If the RSI is above 70, it is considered to be overbought and may indicate that the price of Bitcoin is likely to decrease. On the other hand, if the RSI is below 30, it is considered to be oversold and may indicate that the price of Bitcoin is likely to increase. In addition to technical analysis, market sentiment also plays a role in Bitcoin price analysis. This refers to the overall sentiment of the market and can be influenced by a variety of factors such as news and announcements, regulatory developments, and economic conditions. Positive sentiment can lead to increased demand for Bitcoin, which can drive up the price, while negative sentiment can lead to decreased demand and a decrease in the price. It's important to note that Bitcoin price analysis is not an exact science, and the price of the cryptocurrency can be highly speculative and unpredictable. It's important to do your own research and understand the risks before making any investment decisions. Additionally, it's important to keep in mind that the cryptocurrency markets are highly volatile and price can fluctuate greatly in a short period of time.
Long
by ANONMOUS20058