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Bitcointrading

BTCUSD entering range?We have seen some very interesting price action from B TC recently with a returning surge to the 30k handle. Price has also broken long term down trend but is showing signs of being range bound until the next heavy impact news or data. - Price breaks long term down trend to lows of 15k - Return to 30k handle and test of resistance - range bound price action on the higher time frames Plan - Hold for better entry at lower prices or at support levels around 24k - Look for reversal patterns and role reversals into up momentum - lower time frames - Watch for break of resistance and Higher Low on the 30k handle for best entry prices Feel free to drop a comment with your views on this market!
COINBASE:BTCUSD
by Youza
BTC Trading Signal: Target 40000 BTC currently has a relatively clear trend line. If it does not fall below during the backtesting process, you can refer to this trend line for long trading. The resistance is 29800-30200, and the target can be set near the resistance. If it falls below, short positions will have a better chance to make a profit. The support is 28600-28200. Of course, you can go long near the support. As long as the support is valid, the probability of profit is also very high. The long-term goal is still at 40,000! Finally, I want to tell everyone that no matter how many years you have been trading, no matter whether your trading is losing or earning, if you follow me, you will definitely gain more!
Long
by EagleEyeStrategy
2
BTC Trading Signal: Go Long In the opinion released last Saturday, I clearly told everyone that if you break the trend line, you can go short, support 28600-28200, and go long near the support, with a target of 29000. Both transactions are perfectly completed. Today, Bitcoin fell below the 28600-28200 support, which has turned into resistance, and the support moved down to around 27200. After a continuous decline, the 30m chart pattern has a rebound demand, so the next transaction is mainly to do more at low levels, and the upper resistance focuses on 28200-28600.
Long
by EagleEyeStrategy
❗ Bitcoin suffers from regulatory squeeze, risk-off mood, bears The troubles keep piling for cryptocurrencies. While Binance overcame withdrawal issues, Coinbase remains under pressure from regulators. In addition, the risk-off mood that engulfed markets on Thursday – after weak data – added to pressure on Bitcoin, a risky asset. BTC/USD dropped under $26,521, a support line from late March, and the next levels to watch are $25,295 and then $24,769. Resistance is at $26,780 and $27,875. We could see a short-term pullback, but the trend remains to the downside. The 4h-50 SMA broke below the 4h-200 SMA to the downside, another bearish sign.
Short
by Shahinjavidi
1
BTC: Go long first, then short BTC3h chart, double-top pattern, this pattern usually means a decline in the market, and the larger the level of the chart, the greater the decline. The important resistance is around 28,000 and the support is around 27,200, but the current pattern is a double-top, so I think it will fall below The probability of support is extremely high, so my trading point of view is to short. Trading Signals: buy: 27500-27400 tp: 27950 sl: 27100 sell: 27900-28000 tp:26700 sl:27200 Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
Short
by Roey_
BITCOIN brief correction to the downside ❌🧨Hello 🐋 we can see more correction to the downside, at least close to great daily support level ($26000 to $27000) ❌🧨❌🧨❌ in other word if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other huge pump, we need more correction 📖📖📖📖📖 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 brief amount of green candlesticks to the upside before any other movement is logical 📖💡 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
7
BITCOIN for more huge gain first we need correction to downside Hello 🐋 the price now again stick in the parallel channel and more range candlesticks between tow area before any other breakout of the previous high we expect to see sharp red candlesticks to the downside besides the range market is acceptable scenario too 📖💡 if we lose our support level we will see correction at least $25000 area ❌🧨 and if we lose our daily resistance here more gain is logical 💣🚀 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
6
BITCOIN - GEARING UP for another ATH ⬆Hi Traders, Investors and Speculators of the Charts 📈📉 In today's analysis, I take a look at a fractal that played out on Bitcoin during March 2019 over a few months. This was the beginning of the bull cycle that led to BTC's all time high. Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy. I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines , support zone and resistance zone , Fibonacci ) is really helpful for longer term, whilst technical indicators such as RSI can be very useful for the shorter term. Important to note that today's analysis is focused on longer term, in other words potentially more than 3 months. This analysis on Bitcoin corresponds with my previous in depth analysis on BTC , which you can find here 👇 This update uses BTC .D ( bitcoin dominance) and TOTAL2 (total market cap of alts) to speculate shorter term price action for Bitcoin . _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
22
Where I see Bitcoin going in the next 2-3 MonthsIn my view, the current Bitcoin price correction presents an opportunity to remain bullish on the cryptocurrency. If the price corrects and finds support around FWB:25K , this may suggest a correction (A-B-C) has occurred. This could signal that the upward trend is likely to continue, with new highs possible once we break through the FWB:31K level. However, there is also a strong bearish case if the price drops below $26.6k and then meets resistance at this level. If this occurs, it could indicate a larger correction and a potential trend change. We may see an impulsive wave (1-2-3-4-5) down from this point, with a potential low of $21k. Overall, while there are both bullish and bearish scenarios to consider, the support and resistance levels around FWB:25K and $26.6k will be crucial indicators to watch in the coming days and weeks.
BITFINEX:BTCUSDShort
by Rekturnal