strong resistance level on the round number. Good entry pointThe asset is traded on volumes. The price approached a strong resistance level on the round number - $ 1.2. We can observe periodic flashes of volumes that ended in shadows, which indicates the weakness of the buyer. An inclined level in support has formed, we shake it. I expect a breakdown and movement to the volumetric level of POC - 1.135$
Bitcoin-trading
#btcstarburst Bull Market?If we are at a bottom… and assuming FUD doesn’t creep int to intentionally suppress the market because it does, it always does… The fact is Bitcoin is tied globally to all trading markets so crypto feels the pain when when the S&P hurts… Alright back to it, the green trading above BTC is extremely Bullish… In the middle FUD must be in the air ( pullbacks are happening and stuff, taking profits…) Below the orange Bear market crap show… world trying to get it together great time to Dca into smart Projects not just Crypto… If the halving event timeline proves true we are on course for a macro cup and handle..: This is just a Gann study (3 years now) lines are support and resistance… I don’t really trade I do research… projects of interest. Ones that will change the world…
Bitcoin Retest Incoming At $17,500.....Nice hourly pump we have today. Looking for Bitcoin to retest the $17,500 levels or come down $200- $300 once the hourly wave looses momentum. We've peaked on all of the major oscillator indicators (RSI, Stochastic RSI, and MACD).
Much peace, love, health, and wealth!
Where Do I Buy Bitcoin? - My BreakdownWith a lot happening in the crypto market right now (not much positive) we have to consider bitcoin playing out based on the video I did a few weeks back which I linked into this description.
So I thought it was prime time to start giving a breakdown of some limit order options I am keeping a close eye on.
If you like this content, please do hit the little rocket ship button in the bottom right, ask any questions you may have and feel free to post on your socials.
Have a great day!
InvestMate|Bitcoin An opportunity to seize💰Bitcoin An opportunity to seize
💰My attitude about Bitcoin has not changed, a bullish stance still prevails with me, especially after today.
💰After the US inflation readings in which I perfectly predicted that there would be a decline and a strengthening of the dollar. I invite you to read my post on the dollar that I published on 7 November.
💰Everything I wrote in that post came true.
💰After the Republicans won the mid term elections the dollar strengthened.
💰Falling inflation which is currently at 7.7%
Has cooled markets' anticipation of the next interest rate hike.
💰The market is currently pricing in an interest rate peak of June 2023.
💰Consequently, the market is already discounting in advance, as is always its nature, a strengthening of the dollar.
💰This opens up a great opportunity for Bitcoin.
💰Since the peak, we have already made a drop of a full 77.41%
💰For halving there is still some time to go, with predictions
it is expected to fall in the first half of 2024.
💰As we know from bitcoin's halving history, it has generated a new upward wave every time.
💰Will this be the case this time too?
💰Looking at the fact that we were in accumulation at the 20k level for about 140 days after which we hit new lows, which were very quickly overbought.
💰In the past, such dips to new lows were not so quickly bought. At a time when the Bitcoin market was not so regulated, dips after accumulations were left alone.
💰Currently, we find ourselves in slightly different times.
💰In a time of big interest groups interested in profits in the cryptocurrency market, I'm talking about the big investment funds and banks, colloquially known as whales.
💰Looking at the volume and purchases that are currently taking place on bitcoin, I can only guess
what levels the big players are dreaming of.
💰Being aware of the high correlation that exists between bitcoin and the world's most important index, the S&P500, I see a large divergence in this rule in recent days.
💰There has been a divergence of sorts, juxtaposing the recent rises in the indices with the falls in bitcoin
💰Was it a simple desire to ride for stops of exchange players and clear positions, looking at the losses reported by players here we are talking about billions lost as a result of falls to new levels
💰Assuming we are at the bottom. And that a return to lower levels is unlikely.
💰If we were to rally further I would watch the area around 16.5k. As there are strong fibo levels there which would provide very strong resistance in the event of a bottom.
💰Going back assuming this is the bottom, I decided to use a fibo grid measurement from ATH to the bottom which shows that the fibonacci levels overlap beautifully with previous resistance and support.
💰Please note with what precision they delineate past points of interest.
💰I also decided to use the pitchfork projections and again the overlap of the pitchfork lines coincides perfectly with the key resistances that bitcoin has ahead.
💰I am until amazed at this accuracy.
💰To top it all off using the divergence strategy on the MACD histogram. We have another bullish signal for the collection, the divergence unambiguously shows the moment to buy at the current location.
(The histogram is smaller and the price is lower)
💰Let's hope the downtrend on cryptocurrencies is a thing of the past
💰My opinion on Bitcoin does not change, I still think we are in great places to buy.
💰I hope my extensive analysis has helped you to better understand the Bitcoin chart
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Bitcoin Big Breakout Coming Soon#Bitcoin Technical Analysis:-
$BTC currently trading at $19160
Still Trading in Descending Triangle.
Triangle Range :- $18000-$20200
So Guys We are Very close to Breakout.
So Still Waiting for Good Trade and Watching closely.
If Breakout Up side then We can Open Long Position or Buy Bitcoin.
Up side Breakout Point :- $20200
If Break down $18000 Level then we can see $13000
So Guys Never miss this Time opportunities.
This time Spike will be big.
Breakout Max TimeLine :- 24 Days.
Upside Targets:- $25,000/$31,800
DownSide Support:- $12800
Guys Never Forget to Buy Bitcoin at Cheap price.
You still can buy for Long term Holding.
If Dip you can add more Bitcoins.
2025-2026 Target will be $200k
For Long Term Investment this is Not bad Price.
Hope you understand and Learned.
Thank you
BTC TradePlan (20/10/2022)TRADE OVERVIEW:
This is a trading plan based on the symbol BTC/USDT in the Bybit exchange.
Market analysis and setup provided by Shade from 𝗧𝗿𝗮𝗱𝗲 𝗛𝘂𝗻𝘁𝗲𝗿𝘀 .
All trading zones are marked in the chart (with all confluences/key levels noted in each zone).
Entries will not be placed automatically at the first line of the 'Trading Zone'.
Only enter trades if enough confirmations are present in the chart.
TH TERMINOLOGIES:
𝗩𝗦𝗥: 🇻🇪🇨🇹🇴🇷 🇸🇺🇵🇵🇴🇷🇹 🇦🇳🇩 🇷🇪🇸🇮🇸🇹🇪🇳🇨🇪; 𝗘𝗠𝗔: 🇪🇽🇵🇴🇳🇪🇳🇸🇮🇦🇱 🇲🇴🇻🇮🇳🇬 🇦🇻🇪🇷🇦🇬🇪; 𝗩𝗪𝗔𝗣: 🇻🇴🇱🇺🇲🇪 🇼🇪🇮🇬🇭🇹🇪🇩 🇦🇻🇪🇷🇦🇬🇪 🇵🇷🇮🇨🇪;
𝗩𝗭: 🇻🇪🇨🇹🇴🇷 🇿🇴🇳🇪; 𝗟𝗭: 🇱🇮🇶🇺🇮🇩🇮🇹🇾 🇿🇴🇳🇪; 𝗙𝗜𝗕 𝗚𝗣: 🇫🇮🇧🇴🇳🇦🇨🇨🇮 🇬🇴🇱🇩🇪🇳 🇵🇴🇨🇰🇪🇹; 𝗙𝗜𝗕 𝗘𝗫: 🇫🇮🇧🇴🇳🇦🇨🇨🇮 🇪🇽🇹🇪🇳🇸🇮🇴🇳;
𝗔𝗗𝗥: 🇦🇻🇪🇷🇦🇬🇪 🇩🇦🇮🇱🇾 🇷🇦🇳🇬🇪; 𝗔𝗪𝗥: 🇦🇻🇪🇷🇦🇬🇪 🇼🇪🇪🇰🇱🇾 🇷🇦🇳🇬🇪; 𝗣𝗦𝗬: 🇵🇸🇾🇨🇭🇴🇱🇴🇬🇮🇨🇦🇱; 𝗣𝗣: 🇵🇮🇻🇴🇹 🇵🇴🇮🇳🇹;
𝗙𝗩𝗚: 🇫🇦🇮🇷 🇻🇦🇱🇺🇪 🇬🇦🇵; 𝗣𝗢𝗖: 🇵🇴🇮🇳🇹 🇴🇫 🇨🇴🇳🇹🇷🇴🇱; 𝗩𝗔𝗛: 🇻🇦🇱🇺🇪 🇦🇷🇪🇦 🇭🇮🇬🇭; 𝗩𝗔𝗟: 🇻🇦🇱🇺🇪 🇦🇷🇪🇦 🇱🇴🇼;
LEGAL DISCLAIMER:
Trade at your own responsibility, this is not financial advice.