Bitcoin Forecast & Idea Update 🧐⭐⭐ After the announcement of the US Consumer Price Index rate and the strengthening of the US dollar, the decline in the price of Bitcoin is expected to continue until the end of the week.
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🌸 Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision.
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Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
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Bitcointrading
Minor setback before Bitcoin try's again?Hi traders. Thanks for tuning in for today's video update. Bitcoin took a tumble overnight, but price continues to hold above its base support for now.
Whether or not you value trendlines, it's funny how they sometimes line up. In today's analysis, there's a perfect touch to the longer-term downtrend that continues to form a descending triangle pattern with a strong support base at 18,600. For us, this base is very important at this point. A break lower, and we could see a new continuation/extension lower. If buyers can continue to hold above and form a new HL and test/break this week's high, this could be a new breakout/continuation higher, maintaining the current up leg.
We are looking for option two to pan out, but that's only if the support base can continue to hold.
We love to hear your feedback, so feel free to drop us a comment with your thoughts on Bitcoin at the moment.
Enjoy your Wednesday, and good trading.
💰BITCOIN analysis in 4-hour time🔥🔰You'll see Bitcoin analysis in a four-hour time frame (BTCUSDT _4H)🔍💣
💥The downtrend line in the four-hour time frame is marked in black🖤. The price is climbing from the demand zone❗🧐If it can break the downtrend line🖤 upwards, it can experience an uptrend to the supply zone❗🔺
but if it can't break the downtrend line🖤 upwards, it's likely to have a falling supply zone❗🔻
which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
____________📈TRADER STREET📉_______________
BTC forming a bottomThere is a chance that BTC is finally forming a bottom here. We have the characteristics of a double bottom in place here. The volume is expanding on the last move up after a selling climax on the first bottom and selling volume shrinking on the second bottom.
This formation is a textbook Eve and Eve formation. It is the most reliable among the double bottom with very low failure rates.
Traders will need to be patient and buy a valid breakout.
So fasten your seatbelt, because either way it will be a rocky road.
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BTCUSDT 15 Min Chart Demand & Supply Zones#Bitcoin #BTC 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 20,646/-- to USD 20,673/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 19,842/- to USD 21,673/-
(Red Circle in Image)
#bitcoin #btc #cryptocurrency #crypto
Total BTC Longs - 103920.4/-
Total BTC Shorts - 2,729.3/-
Current Status - Movement Towards Bull Run.
BTCUSDT 15 Min Chart Demand & Supply Zones#Bitcoin #BTC 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 19,550- to USD 19,774-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 20,200- to USD 20,500/-
(Red Circle in Image)
#bitcoin #btc #cryptocurrency #crypto
Current Status - Movement Towards Bull Run.
Bitcoin BTC Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Bitcoin BTC has a negative overall sentiment recently.
I have the following price targets:
BTC/USDT short
Entry Range: $19800 - 21000
Price Target 1: $19100
Price Target 2: $18550
Price Target 3: $17900
Stop Loss: $22100
BTC Bitcoin bearish sentiment September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
BTC Bitcoin has a negative overall sentiment recently.
I have the following price targets:
BTC/USDT short
Entry Range: $19800 - 21000
Price Target 1: $19100
Price Target 2: $18550
Price Target 3: $17900
Stop Loss: $22100
Bitcoin forecast and IdeaAfter the price correction and return to the Resistance Zone, we enter the short trade for the second drop to the Fibonacci range of 2 or 1.805
Entering the short trade, after the pull-back from Resistance Zone and confirmation of the price falling.( Around $20240 price )
Bitcoin and BTCUSD tradring
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Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
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Bitcoin BTC: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
The Bitcoin price has fallen out of the rising channel and now headed lower. The two targets are shown in the charts as well as my thoughts on other indicators and oscillators. Read the chart carefully.
Included: Fibonacci Retracement, RSI, MACD, Ichimoku Cloud, and Keltner Channel.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Bitcoin forecast| signal updateAs mentioned in the previous Bitcoin forecast ( yesterday BTCUSDT ), after breaking the Uptrand channel (at the point I have shown), the price fells to the $20,000 price range.
After a return and pull-back to the price range of $20,500 and $20,900, we see the continuation of the downtrend to the historical price, and the resistance zone of $19,000.(this pull-back and fall again takes about 2 or 3 days)
After that, the price falls again to the important and strong resistance of $17,500.
My forecast is that it will swing between the prices of $17,500 and $19,500 in a horizontal and neutral channel for a while.
and my second forecast and possibility is a quick drop and a hit at the price of 10,000. (It is a weak possibility, but not so far )
this is my longterm forecast for Bitcoin or BTCUSD
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Dear Traders
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
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BTC Bitcoin Bearish Flag Chart PatternAfter BTC Bitcoin reached our price target from the previews chart:
Now i am looking at the last Bearish Flag Chart Pattern movement to see if we can have a similar one this time.
A 28% retracement identical to the last one will send us to the $16330 area.
Looking forward to read your opinion about it.
Bitcoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
Bitcoin price is currently inside a rising channel. The chart shows a variety of signals with potential for upward movement around the resistance areas at the center of the Keltner Channel (KC) which is in confluence with the Ichimoku Cloud resistance and Fib levels as noted in the chart. A major concern is Volume is weak. More notes inside the chart.
Also Included: Fibonacci Retracement, RSI, MFI, MACD, Stochastic RSI, Ichimoku Cloud, and VPVR.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk