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Bitcoin-usd

My dog bought some Bitcoin.Price made a lovely push from my area marked with yellow box on my chart, i posted this analysis last week if you want to go back and check my chart! This was from the 3rd touch of the trendline which normally results in a big bounce and we also had a lovely support area which met our trendline... this one bounced price all the way to new highs! Let me know if you got on it. Now we have broke the 62000 level i can only see price pushing higher. Bitcoin has the backing of some very big businesses now and the world is slowly moving towards a digital currency which will cause more people to invest in bitcoin. Also when a big move like this happens everyone that is not already invested in bitcoin wants to join the part so they all get in which pushes the price even higher! I actually saw my dog buying bitcoin the other day. If you would like to know more about how and where i invest or if you would like to know about my simple trading strategy then drop me a message and i will be happy to help you. Peace out.
BITSTAMP:BTCUSDLong
by Premier_FX
2
Bitcoin - They blew up the rocket?Enjoying the moves recently and very very interesting to see the institutional transition. Giving 9 out of 10 calls are still "moon shots" I feel the Elliott formations/Wyckoff structures are starting to look to be in play. Going all out on a limb. I would like to see from here, a liquidity grab around $30k, or on the next confirmation long is a break and retest of 72k. See the previous post for the main reasons behind a drop. However, to summarise it Institutional money would like to buy long but at a discount. That could be near a 50% mark and not really dent the sides. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDShort
by Mayfair_Ventures
73
BTCUSD H2Price has made a nice bounce off the ascending trend line & support zone at 53,340 after the aggressive dip was made yesterday. On the lower timeframe here, price has formed an inverse head on shoulders formation & broke through the neckline, now at an area of resistance. For todays new daily candlestick, I am watching price for a retracement to retest the neckline / structure resistance below, for price action confirmation of an opportunity to enter another position again as price could make its way towards 65-70K in the days ahead.
BITSTAMP:BTCUSD
by Profound_Ambition
2
On-Balance Volume | How to Anticipate Trend Reverse?Hello, dear subscribers! Today we have a very useful information about the potential trend reverse anticipation and trend's strength measurement. On-balance volume (OBV) is one of the most powerful indicator for these purposes. The rising OBV means that the bulls control the market, falling OBV means the bearish pressure, OBV on the sideways means the equal strength of the bulls and bears. Here are 9 combinations of the price action and the OBV which can help you to forecast the future trend. 1.Price Uptrend + OBV Uptrend It means that the uptrend is strong and confirmed by the volume. There is a high probability of the uptrend continuation. 2.Price Uptrend + OBV Sideways The uptrend is not so strong as in the previous point, but bears are not so strong to reverse it. 3.Price Uptrend + OBV Downtrend There is a sign of the potential reverse to the downtrend, be careful. 4.Price Downtrend + OBV Uptrend There is a sign of the potential price trend reverse from downtrend to uptrend. 5.Price Downtrend + OBV Sideways Here is the sign of weakness of the uptrend, but the bulls still have not enough power to reverse the trend. 6.Price Downtrend + OBV Downtrend It means that the downtrend is strong and there is no potential reverse anticipated. 7.Price Sideways + OBV Uptrend Bulls accumulates the power to reverse the sideways to the uptrend. This is the bullish sign. 8.Price Sideways + OBV Sideways This is indefinite situation. Trade execution is not recommended. 9.Price Sideways + OBV Downtrend Here is the sign of the potential downtrend beginning. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Education
by Skyrexio
3
BITCOIN - BIG Buy Ahead - Do NOT Miss Bitcoin is making clear and steady moves and we can potentially be seeing a bigger correction back to the major ascending trendline which lines up with the 618 fibonacci and a support zone. We could be in a channel and looking for a break of trendline now or at the 786 fibonacci which lines up with the possible channel. Watch the fibonacci levels closely and wait for break of trending before entering. See links below for more charts relating to this idea. Trade Safe!
BITSTAMP:BTCUSD
by WicktatorFX
6
💡Don't miss the great buy opportunity in BTCUSDT @BitcoinTrading suggestion: There is a possibility of temporary retracement to the suggested support line (48280. 40 ). . If so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 52640.00 TP2= @ 55018.00 TP3= @ 56600.00 TP4= @ 58400.00 TP5= @ 61100.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment. Let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
23
BTCUSD D1Very clean & clear price action here on BITCOIN, as price is following a solid uptrend making higher highs & lows. Price has made a new higher low correction into the demand zone at $43,500. Yesterday, price formed a hammer candlestick on the demand zone & today a "Bullish Engulfing" candlestick has occurred, showing a shift back into bullish momentum & volume. I am now anticipating a bullish trend continuation up towards $70,000 as my higher high take profit zone.
BITSTAMP:BTCUSDLong
by Profound_Ambition
6
BTC's downward trendI charted this about a week ago. I intended to follow energies with the triangles and found their intersections on the downward slope to be a little kooky at first. I added the stair pattern after the second peak on the downslope , copied the lines and pasted them in mirror , ie 1 2 3 4 4 3 2 1, and everything lined up really well. Now you will notice that for the past few days BTC has been bouncing off the top of the downward triangle and finally broke through to enter it again. I have a strong feeling that this will continue as we don't have any support that I can see until about 40k and by that point the trend may carry us a bit lower. Sorry for so many support/resistance lines in pink, it's all part of my process. Let me know what you all think, I value your opinions. I'm not a professional analyst, this is not investment advice, do your own research for your own investments.
COINBASE:BTCUSDShort
by Pro_Fit_Tak_er
2
BTCUSD/XAUUSD ratio secrets...The BTCUSD/XAUUSD chart shows in two dimension, the three dimensional relationship between the USD, Bitcoin and Gold. Some interesting relationships appear... Note that there are times when BTC increases whe Gold stagnates. There are peaks and during these times, the bitcoin acceleration is massive. Then comes the technical indicators where it comes down... and it does so with bitcoin dropping typically. Unless Gold massively runs up to bring down the ratio, it is more likely for BTC to pull back given the rise of the USD or the rise in Gold or both. Some patterns in the technical indicators show.... and it is about time for the RPM to commit to a cross down and come down, bringing bitcoin price down too.
COINBASE:BTCUSDShort
by Auguraltrader
BITCOIN - Interesting Times!Hello TradingView Family, hope you all had an amazing weekend and ready for the upcoming trading week. The latest Bitcoin impulse reminds me of the previous one from 8k to 40k. Step 1: BTC broke two key rejection zones in a row, the 20k and 30k to finally find resistance around the 40k. Step 2: then we had a deep retest/correction till around 30k before the next impulse movement started. NOW, WHAT? Will History Repeat Itself? Step 1 done: BTC broke two key rejection zones in a row, the 40k and 50k, and now approaching the 60k. Step 2: Are we going to have that deep retest? or will BTC break the third key rejection zone and test the 70k? As per my trading style: The correction phase would be confirmed when a bearish reversal setup is activated on lower timeframes (like a double top, trendline break, and so on...) and in this case, I will be looking for buy setups to form as it approaches the 50k to catch the next impulse. Meanwhile, until a bearish reversal setup is activated, BTC would be overall very bullish and can still break the 60k. The break would be confirmed with a big bullish candle closing above it. In this case, I will be looking for buy setups on its retest. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:BTCUSD
by TheSignalyst
169