Bitcoin is under bullish divergence influence.Bitcoin - 24h expiry - We look to Buy a break of 22666 (stop at 22106)
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A break of the recent high at 22606 should result in a further move higher.
Bullish divergence is expected to support prices.
Our profit targets will be 24066 and 24366
Resistance: 22150 / 22400 / 22606
Support: 21800 / 21500 / 21352
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoinmarkets
BTC 1h✔️BTC BULLISH trend Just got started it might even lead to new high 📈📈📈
22800
23000
26000
26500
these prices might get touched in future days
follow to stay tune for UPDATES !!!🐂❤️
⠀⠀⠀⠀⠀⠀⠀⢀⣠⣤⣴⣶⣶⡦⠤⠤⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⢰⣿⣛⣉⣉⣉⣩⣭⣥⣤⣤⣤⡤⢀⡀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠈⠀⠉⠉⠁⠀⠀⠀⠀⠀⠀⠈⠉⢢⠆⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⠤⠤⠤⠄⢀⣀⣀⣀⡘⡄⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⡠⠐⠁⠀⠀⠀⠀⡀⠀⠀⢴⣶⣧⡀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⡠⠊⠀⠀⠀⠀⠀⠀⠀⠹⡄⠀⠨⣿⣿⣷⡄⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⡸⠁⠀⠀⠀⠀⠀⠀⢰⠀⠀⠙⣤⣶⣿⣿⣿⣿⡄⠀⠀⠀⠀
⠀⠀⠀⠀⠀⡐⠁⠀⠀⠀⠀⠀⡠⣴⠾⣷⡆⠀⢿⣿⣿⣿⣿⣿⣧⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠇⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⣧⣴⡄⢻⣿⣿⣿⣿⣿⠀⠀⠀⠀
⠀⠀⠀⠀⢸⠀⠀⢠⠀⠀⠀⠀⠀⠀⠈⠉⢉⠿⢿⣆⢿⣿⣿⣿⣿⡀⠀⠀⠀
⠀⠀⠀⠀⠎⠀⠀⣿⡄⠀⠀⠀⠀⠀⠀⠘⠋⢛⣟⠛⠃⠙⠻⠿⣿⡇⠀⠀⠀
⠀⠀⠀⢸⡄⠀⠀⡘⠋⠉⡀⢠⣾⡰⢶⣶⡖⠁⣤⣳⣿⣶⢶⣶⡌⠳⠤⣀⣀
⠀⠀⠀⢸⢠⠀⢀⣿⣿⣶⣿⣿⣿⠇⠀⠁⣷⣄⣈⣙⣛⣿⣿⣿⡲⡒⠒⠒⠊
⠀⠀⠀⠀⣿⣾⣿⣿⣿⣿⣿⣿⡟⠀⠀⣰⣿⣿⣿⣿⣿⣿⣿⣟⣿⣶⡄⠀⠀
⠀⠀⠀⢠⣿⣿⣿⣿⣿⣿⣿⣿⣇⠀⠐⣿⠿⣿⣿⣿⣿⡿⠋⠀⠙⣿⡇⠀⠀
⠀⠀⠀⣿⣿⡿⠁⠸⣿⣿⣿⣿⣿⣦⠸⠋⢸⣿⣿⣿⡿⠁⠀⠀⠀⢸⣷⡀⠀
⠀⠀⠀⣻⣿⡇⠀⠀⠀⣹⣿⡿⢻⣿⢠⡀⠸⣿⣿⣿⣧⠀⠀⠀⠀⠘⣿⣧⠀
⠀⠀⢠⠉⣿⠇⠀⠀⢰⠋⣿⣰⣁⡟⠀⠁⢼⣿⡿⠿⠏⠀⠀⠀⠀⠀⠋⠟⠀
⠀⠀⢰⣿⠋⠀⠀⠀⢀⣿⡏⠛⠐⠁⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⣾⡇⠀⠀⠀⢀⠎⢹⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠜⢹⡇⠀⠀⠀⠾⣶⡾⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠮⣿⠿⠁⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Bitcoin nothing to worry about.Path to 80kBitcoin is still on its way to 50k and then 80k. However 25k proves to be a very strong resistance mark due to the 200EMA in the weekly being located there causing an inevitable correction on the lower time frame. Until we are able to break we will be correcting. For the meantime 19-20k seems like a reasonable target If it doesnt go up from here soon.
I am sharing these ideas so my member can see. I don't explain much in here.
Bitcoin daily chart explainedSo, After Mr Powells speech of doom and Gloom, Bitcoin lost around -3.3%
PA wicked down to the 200EMA and bounced off that.
It is important for PA to remain above this level as it is also the neckline of the FTX Crash recovery. Dropping back into that area would not help Sentiment. this also happens to be the 382 fib retracement line. Usually acts as support.
RSI is low as is MACD and the signal line is approaching 0 so we may see a turn of trend soon.
there is little doubt that FED unsettled the markets yesterday but it was not a huge crash so we look ahead to today and see what they do next
DXY is going to be interesting
BTC 1h✔️update 2 !!!! still going according to the plan
It's all depends on where this range gonna break either 22k or 22.7k then we can say trend is bullish or bearish !
bitcoin possibly is going to go for a up trend range and then a Bearish path to 20990 .
how ever now we touched the s3 and comeback to 23k is still possible but weekly is going for 19.6k
BINANCE:BTCUSDT
Two trades I am looking for after price breakupGood ole BTC. It's been consolidating in a small range for the past few days. I don't like taking a trade at this price(22200-22500) but here are the trades I am going to look out for depending on which way we move.
Trade Type:Long
Despite price being surpressed at a multi-month level we are seeing signs of an overall uprward market structure change(still need confirmation). We have multiple levels here between entry and stop loss including 2 different weeklies, fib retraces, a daily and the 200 ema.
Support:
1. Market structure(upward since Nov)
2. Weekly
3. Weekly 2
4. 382 retrace
5. Daily
6. 200 EMA
Entry: 21825
Stop Loss: 21097
TP1: 22982
TP2: 24700
TP3: Rolling or 25300
Move SL to BE on TP1. Move SL below TP1 on TP2. If you aren't risk averse you could move your TP1 closer to the monthly at 23150 or so.
On the flip side...
Trade Type: Short
Resistance:
1. Monthly
2. We have a 382
3. We have a daily(right next to monthly but not charted)
Entry Price: 2980
SL: 23439
Safe TP1: 22350
Risky TP1: 21850
Safe TP2: 21850
Risky TP2: 21300
TP3: None or rolling
As usual I would move stop loss to break even after first take profits.
BTC LONG!BYBIT:BTCUSDT.P
BTC needs to break and hold 22.7k level for upside and possible breakout of $25k level.
We build ideas from support.
Possible entry at pullback "zone" - look for fake out with entry trigger via bullish candle in this area for upside.
Chart shown is compressed to provide more holistic view.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
SPX has had a good bounce off the 200 Daily so pullbacks will provide entry ideas for BTC at pullback zone.
Bitcoin -> The Final ShakeoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly timeframe Bitcoin just recently perfectly retested and also rejected an obvious previous resistance area which was turned strong resistance again.
However if you look at the overall picture, we have a bullish ema-cross, bullish market structure and Bitcoin is also approaching a previous weekly support zone so I am now just waiting for another retest of this area and then the continuation towards the upside.
On the daily timeframe I am also just waiting for another retest of the previous daily support area and if we then have some bullish confirmation it is quite likely that we will actually see the continuation towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Agix Accumulation for explosionAgix in accumulation, I don't usually miss the analysis. It will explode towards $0.83 and then just stop at $1.12. Medium term $4. That's why I'm alone, I live for analyzes and calculations rsrs...
Bitcoin IdeaBitcoin Idea | BTCUSDT | BTCUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
#Bitcoin - thoughts out loud #16!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
On this time frame, you need to pay attention to the development of events.
The graphical situation is as follows:
If professional operators are not interested in further markup of the asset from the range of 23000 - 23200 , then I expect a drop to 19000 .
We are watching the development of events on the 15m. Otherwise, it's a long-only mood.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
#BTC Emergency Short Update!Bitcoin is currently trading right above 2 trendline supports.
I am expecting a bounce here, however, if we break the current support we have two scenarios to look at.
1. A BEAR Trap with a deviation of around $19.6k to $20.8k.
2. A short-term bounce from the current level respecting both trendlines.
You earned more than 10 times in the last 2 weeks o avoid leverage and staying mostly in USDT and BTC.
You know it if you follow me on my other social platforms too.
INVALIDATION:- Close below $19.6k in Daily.
My actions:- Looking at Potential Altcoins + Scaling into BTC with the USDT reserve slowly.
Do your own research, This is not financial advice.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
Bitcoin- What does this good news/ bad news cycle mean?We continue to see all positive signs for long-term traders. A major event occurred this week that suggests we are still on an upward trend. However, it's important to keep in mind that 2023 will likely be a year of sideways movement, followed by upswings, and then 60% pullbacks. This cycle is expected to conclude in the second quarter of 2024. Please take the time to Boost this idea.
Let's take a look at the weekly timeframe and note that the rejection this time was slight. In contrast, the first rejection back in mid-August of 2022 was strong. I see indications that Bitcoin will soon push over the 50 and 200 MA. Once this happens, if we remain above the 200ma for three weeks, it will confirm a cemented recovery.
So, what is the major event that happened this week?
Looking at the lines-only chart, we can see that the last MA (the 100-day moving average) has finally crossed over the 200MA. Below, you can see that the 10MA, 20MA, 50MA, and 100MA are now lined up above the 200MA.
What might the months after this event look like? Take a look below.
VERY IMPORTANT: Hitting the "Boost" button is like a tip, please don't forget to do so after reading, this is your way of thanking me for my time and so I thank you for yours.
#Bitcoin - thoughts out loud #15!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
I am continuing the deal open on the previous idea. There is a buyer present, everything is going according to plan. I expect an impulsive movement, by Monday, March 06, 2023 , I expect bitcoin at 25800 .
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
Bitcoin showing strong upside to come to $31,078!Since the middle of August 2022, the daily chart of Bitcoin has moved in a sideways consolidation formation called a Cup and Handle.
This is where the price creates two rounding bottoms.
The first rounding bottom on the left, is larger and it resembles the cup.
The second rounding bottom, on the right, is a lot smaller (Less than 50% of the Cup’s height) and it is considered the handle.
We then had a price breakout above the top of the pattern known as the Brim level.
This means, the buyers and demand side has won, as there is a break in
structure to the upside.
My first target for Bitcoin to head to is at the next resistance level at $31,078.
The second indicator that confirms the upside is the Moving Averages that I use to spot an up, down and sideways trend.
There are three Moving Averages I use 7 (red), 21 (blue) and 200 (black).
All you need to know is when the 7MA is above the 21MA and above the 200MA, the trend is bullish and is in an uptrend.
My customised indicator also shows a Green background, as you can see in the chart. This confirms the major upside to come.
For the first time in two years, Bitcoin has just given its first major buy signal.
On the 8th of November 2021 Bitcoin reached a high of over $67,850 per coin.
Since then, it’s experienced a ‘Crypto winter’.
During this period, it dropped 77% to a low of $15,170.
We had a number of factors that destroyed the confidence of many crypto investors including:
• The Luna crash in mid 2022
• The FTX collapse in November which handled more than $1billion transactions each day.
• Ethereum’s fall
Never mind the external factors globally that contributed to the fall.
But now, the season appears to be changing. In fact, we could be moving from a crypto winter to a crypto summer!
Since the start of 2023, Bitcoin has recovered almost 50% and is trading above $24,900 again.
This is the highest price level since June 2022.
And that’s just the start.
Why Layoffs may be a good thing for Bitcoin and Crypto SummerQ. “Can layoffs in the Crypto space be what's needed for the next Crypto-Summer and Crypto Boom?”
A. While layoffs are never pleasant for those affected and for the price, I do believe they can have positive effects on the crypto market in the future.
Here are four reasons why:
Reason #1: There are less costs for the companies
Laying off workers can help crypto companies reduce costs. There’ll be less salaries to pay, less incentives, less commissions etc…
And this will allow them to weather the current downturn and emerge stronger when the market eventually recovers.
This cost-cutting could potentially help companies maintain their positions in the market and remain competitive.
Reason #2: They can focus on their core competencies
When companies layoff workers, this can also help companies refocus on what they need to focus on and work on in other departments.
This can help crypto companies streamline their operations and become more efficient, which can improve their chances of success in the long term.
Reason #3: More money for innovation
With the company cutting costs and with the companies able to gain more income, this is good for R&D.
With their research and development they can focus their attention on new innovations and recreations with their current offerings.
And they may be able to acquire new technologies, which will attract new investors to buy, that can help them remain competitive in the market.
Reason #4: Weed out the less needed
The recent layoffs may help weed out weaker, less competitive and less needed workers in the market.
This will also help them gain accountability and provide the current work force with better projects, training and prepare them for a well-run and better positioned future.
Market efficiencyWhat is market efficiency, how does it affect earning potential?
What does "market efficiency" mean, and how does it affect the chances of making money?
Today, we'll talk about how well the crypto market works. We'll look at how quickly it takes in new information and how you can make money from price changes. We are also looking to the near future, when efficiency will go up and there will be less cash and inefficient niches.
How Does the Market Work?
The speed and accuracy with which information about projects and assets is added to the price shows how efficient the market is. This happens almost right away in markets that work well, but it takes a long time or doesn't happen at all in markets that don't work well.
For instance, the US stock market in 1906 is not very good at what it does. Then there was an earthquake in San Francisco, and only three days later, the shares of the Pacific Railroad fell apart. The news from east to west moved too slowly.
In 2022, the oil market works well. As soon as OPEC and other countries talked about how they could work together to set a high cap on oil prices, the price went up. That is, no one even raised the ceiling. The price goes up right away because OPEC+ lets this happen.
In general, the idea of how well a market works is a theory. Economists have been arguing about whether or not it works for the past 50 years. This idea comes in three different forms.
Weak Efficient Market Hypothesis: All market information from the past is included in the price of an asset.
Average Efficient Market Hypothesis: The price of an asset includes all market information from the past and all publicly available information from the present.
Strong Efficient Market Hypothesis: The price of an asset takes into account all market information from the past, public information from the present, and insider information.
We won't keep going back and forth between ideas. The article only needs to know that efficiency is a measurement of how quickly and accurately the market takes in information. Another question is where this information came from.
What determines how well the market works?
The most important thing is just one thing: the number of trades and how liquid the market is. The market will be more efficient if there are more transactions, and less efficient if there are less.
From the amount of money in the market, other things grow: the speed of transactions, the infrastructure, and the speed at which information comes out. But in general, they show up on their own when there are enough investors for someone to want to make money on investment infrastructure.
For instance, the elite art market doesn't work well. Not a lot of artists charge a lot for their paintings, and not a lot of people are willing to buy them. There, news moves slowly from person to person. The price is not set by the way the market works. Instead, it is set by haggling.
This also works in the stock markets. For "blue chips" like Apple, which are traded by the most investors, the difference in price between buy and sell orders is very small. This means that at any time, the market can very accurately figure out the fair value of the security.
Spreads widen where there is less liquidity, and it can be hard to figure out what a fair price is: it "walks" in the spread gap.
Here, by the way, the ideas of people who believe that markets take in information so quickly that it is impossible to make money on them fall apart.
Everything is simple: if markets are really so efficient that you can't make money by having more information, traders and capital would have left long ago, liquidity would have collapsed, markets would have become inefficient again, and capital would have returned.
But we don't talk about the theory here.
If you are interested in cryptocurrencies, why do you need to know this?
Yes, it is useful even if you are not interested in cryptocurrencies.
By definition, it's hard to make money in markets that work well. If the market is working well, it quickly takes in new information and reacts to what's going on around it. This means that any results of fundamental or technical analysis have already been factored into prices by other market participants. You can buy and sell things, but it will be like a casino.
It's easier to make money when markets don't work well. The less efficient a market is, the more likely it is that you can learn more about the other people in it, act faster, and make more money.
Can cryptocurrency be seen as a market that works well?
The article was written so that this math could be done. No, is the short answer. In one of the most recent studies, experts compared Bitcoin prices to the prices of gold, the S&P500, and the USD/EUR currency pair, which are all well-known assets.
The rate of price change was multiplied by the market capitalization to figure out how well the market worked.
It turned out that the crypto market is much smaller than traditional markets, but here information is "absorbed" much more quickly. This is because trading goes on 24 hours a day, 7 days a week, and information spreads quickly. Also, it's not hard to start trading.
But trading in BTC is not as good as trading in traditional assets. It is clear that the efficiency of most other currencies is even lower, and somewhere in the NFT segment, it is much lower.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Bitcoin Jebating The Mega Dump!!Bulls Last BreathBTC/1H Trying to reach ~24.4
After yesterdays dump to the bottom of the rising broadening wedge (pink line) bitcoin is trying to go higher making a new high ~24.4 where lots of liquidation is.The pink support line is holding bitcoin so inorder to leave 23K there must be a big sell off that breaks through that support
After 24.4 (yellow circle) we could bleed down or cosolidate before NY market open for another leg down.SPX yesterday bled heavily so today it could continue.
Next stop around ~22.7 and if that doesnt hold its ~ 21.6- also expect a capitulation candle if SPX loses 3900.
Please Boost,Follow,Comment if you find it informative