This here is the current BTC trade we are in, inside the Crypto Fund. So far running in 200 PIPS profit with another 370 PIPS to go😍 Everyone inside the Crypto Fund is profiting from this move. We've had a great start to the year with Crypto's, by profiting from all the downside movement & now the longs🦾
Price has reached broken support looking left, forming a new lower high here which aligns with the descending trend line. Personally, I am anticipating for price to make one more leg lower to the higher timeframe key level support, where a reversal may occur & buyers may step in to take control again around 30K... However, if price makes a breakout to the upside...
Here we're going to see the bitcoin when he will make retest for the zon 39k
The inverse correlation between BTC and the US dollar is striking through the last months. DXY has held the green trendline strongly and after the FED FOMC meeting from yesterday made a strong breakout from the symmetrical triangle. The next important resistance for $DXY is near the BRN $100 so it still has some upside potential! Difficult to not see BTC going...
The pink lines indicate the later price, The big short 69K, was an entry this season. I think this bear trend will last until September. New bull season October.
Looking to sell once again. Huge potential to drop massively. Get Ready!!!
As we can see on the daily chart, bitcoin is moving in a descending triangle. Bitcoin need to break out of this triangle in a upside way to remain bullish. A downside breakout means bearish and may take a while to regain profits again. This is no financial advice, but I think this is a strong possible scenario. What do you guys think?
Bearish Trend Trend Line Below 50 EMA Below 100 EMA Below 200 EMA ADX Activated Rsi Signals
BTC is currently in a downtrend on H1 and H4. Following that, we're looking for the best trading opportunities. Based on our strategy that we've developed ourselves and we use on a daily basis, pretty soon price will enter a sell zone! This will be a perfect moment to look for entries with targets at 35 650. We would use rejection of this zone and reversal...
Bitcoin is coiling up if this support at 40k holds. After todays pump im convinced we are in a triangle on the verge of a bullish breakout, after we tap the golden pocket on the nect triangle retrace. 75-80% trend completion is when i look for a breakout of a triangle. what do you folks think.
On the weekly time frame what concerns me the most ion the panel below, is the bearish divergence the RSI 14 has been doing and still dropping likely to reach oversold levels, overall Bitcoin is starting the year a bit week but bulls are still trying to hold the previous bottom. Price was rejected from a crucial level on the 50k range as well from the 12 and 21...
this is only my vision and potential about bitcoin from to
Likely BTC/USD ABC correction in play. Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid. Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce. Zooming out to...
BTC - USD SHORT TRADE - NOV/22/2021 Entry: 61K Stop: 70K Take profits: 45K Next Stop
Price has been following an uptrend forming higher highs & lows. Price has been in the corrective phase & is now approaching a key area of structure support, which aligns with the daily ascending trend line. I am anticipating a reversal from this region for price to look to resume the uptrend for a new potential higher high next towards $85,000 next!
Seems we will have this kind of pattern. In my previous idea i made the A B C correction and clearly we are going in that way. Rsi didnt finish it's last movement. What to do in this times? Well that depends on you, but it's better to sell in the highest point and buy in the lower.
We have a Bullish Shark with Bullish Divergence on USDT Dominance, very similarly we Have a Bullish Shark on BTC Dominance; This may signal an overall weakness within the crypto market but more specifically within the altcoins.
Without taking a certain bias in account, the DXY seems to be in a bullflag formation. There was a prior deviation from the flag formation. Seems we are having one now as well. This is not financial advice and this chart is only for entertainment use only. Do not make descision's on this chart pattern.