Bitcoinidea
#Bitcoin - thoughts out loud #10Good evening , we are from Ukraine!
My vision of the situation is reflected in this agreement. I wish everyone who joins only success and take profit!
I will post the management of the deal if possible.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #09Good evening, we are from Ukraine!
For further upward movement, you need to test the buyer plus withdraw liquidity.
Current action plan.
Do you agree with this development?
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
bitcoin short idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BTCUSDT - Bullish Daily Cross ❕Hi Traders, Investors and Speculators of Charts📈📉
About a week ago, we took a look into the Technical Indicators of BTC and at the time, I concluded that it is MOST DEFINITELY the start of another bullish cycle, as seen here:
Something that I was particularly focusing on was the daily bullish cross on the technical indicator, and that has since happened. In previous instances, the price of BTCUSD went up tremendously after such a cross was observed in the daily timeframe, as pointed out on the two dark charts.
In other words, I am expecting more bullish price action for BTCUSDT with my first short term target being around $34K.
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BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD BYBIT:BTCUSDT.P CRYPTOCAP:BTC.D
bitcoin prediction- I said I would take a short position if B rebounds near 31,000.
- Currently, B has rebounded more than expected due to the expansion flat,
and now only a drop towards Z remains.
- There is a possibility that Z could drop to 28,850,
which is 161.8% of the length of W.
My perspective remains the same.
bitcoin prediction-The final Z-wave could be near 28855, which is 161.8% of the length of the W-wave.
-The current decline could occur as quickly as today or take up to 5 days to unfold.
-Taking into account the possibility of a B rebound up to around 31k,
one could consider holding back and potentially shorting near that level.
Elliott Wave 5 Signals Lower Target, but Expects BTC Bounce
As a cautious Bitcoin trader, staying informed and adapting your strategies is crucial.
Based on recent analysis using Elliott Wave theory, Bitcoin's price appears to be entering the fifth wave of its current cycle. This wave suggests a lower target in the near term, which may cause some concern among traders. However, it is essential to note that the Elliott Wave theory predicts a subsequent big bounce rally.
While we cannot predict the exact timing of these market movements, it is essential to approach this situation from a long-term perspective. Despite the potential for a short-term dip, the overall trend for Bitcoin remains positive. Cryptocurrency has repeatedly proven its resilience, overcoming various challenges and establishing itself as a legitimate store of value.
Therefore, I encourage you to consider holding onto your Bitcoin investments for the long term, even after the anticipated dip. By doing so, you can benefit from the potential bounce rally that often follows such corrective waves. Remember, successful trading requires patience and a focus on the bigger picture.
It is worth noting that market conditions can be unpredictable, and it is always wise to diversify your investment portfolio. While Bitcoin has shown tremendous potential, it is essential to consider your risk tolerance and financial goals when making investment decisions.
As always, I recommend staying updated with trusted sources' latest market analyses and trends. This will enable you to make informed decisions and navigate the ever-changing landscape of cryptocurrency trading.
If you have further questions or concerns, please do not hesitate to ask in the comments. I am here to support you on your Bitcoin trading journey.
Remember, successful trading requires a long-term perspective. Despite the potential short-term dip, Bitcoin's overall trend remains positive. Consider holding onto your Bitcoin investments long-term, even after the anticipated drop, to benefit from the likely bounce rally that often follows corrective waves. Stay informed, diversify your portfolio, and make informed decisions based on your risk tolerance and financial goals.
Solid Monthly Candle & Momentum through Weekly Candle Closure↗️The Monthly closed strongly Bullish with a solid engulfing candle of the previous monthly candle. We closed above $29,243 Monthly resistance. Also we closed above the weekly timeframe Resistance level at $30,322. The Monhtly candle closed but we have not see the weekly closure yet. Into the close of the weekly candle I'm anticipating a bullish push to the Upside. Our massive liquidations on Friday I believe served as a catalyst for a clear path forward. Looking at the monthly candle we can expect another Higher High on the next candle since it's in an uptrend and that was confirmed with market structure during the close of March's Monthly candle.
It's my belief that we will soon see our deeply feared $30,730 Daily Resistance Level act as a support for price.
Bitcoin -> Make It Or Break ItHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin is once again retesting major previous weekly resistance from which we saw a quite harsh rejection towards the downside at the $31.000 level.
However you can also see that weekly market structure is still very bullish, Bitcoin is still creating higher highs and higher lows and there is always a higher chance that momentum continues so I am now just waiting for a clean break above the resistance and then I do expect another bullish rally.
On the daily timeframe you can see that Bitcoin is currently not able to break above the strong resistance level so we might see another retest of the $29.500 strong support zone and then I do expect a bullish rejection away from the support area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
ALTSEASON - Liquidity transfer! #btc #altcoinBTC.DOMINACE VS ALTCOIN DOMINANCE.
Showing the liquidity transfer between BITCOIN and ALTCOINS.
BITCOIN breaking out of its range, then pulling back shows the liquidity transfer - and the start of an ALTSEASON. as BTC dominance weakens, altcoin dominance strengthens.
Bullish on altcoins which have been supressed through out the last ALTSEASON!
BTC the expected movement BTC / USDT
BTC still struggling to break the major resistance at 32k ,And with micro strategy news today about buying more BTC (which was local tops signal in past, the probability for correction increased)
All eyes on Key level : 29.5k …losing this level will increase the chance to test 28-27k levels and from there we expect a bounce to new bullish wave to our old main targets
Invalidation: losing 24800$ will invalidate the short term bullish scenario
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