Get started

Bitcoinusd

BTCUSDT - has bull market really been started? Hello, dear friends! Bitcoin has approached to the critical price level where most of traders are struggling to define if now still the bear market or the bull market has been already strated. In today's article we will try to bring together many facts and make the conclusion about what is coming next. Let's go! BEAR MARKET STRUCTURE I have see many opinions that bear market has been started on November 2021, but I suppose it has started much earlier - in April 2021. My first evidence of this assumption is that maximum euphoria was in April, where we saw the largest altseason ever. Remember, many altcoins made 10-100x in those period. After OKX:BTCUSDT faced with the corrective move in wave A. The wave B was very tricky, it broke through the previous ATH which made a lot of traders confused. But in November 2021 only BTC and fundamental altcoins set the new ATH, like ETH, ATOM and DOT. So-called "shitcoins" demonstrated very weak pump and retraced only to 0.61 Fibonacci. To sum up this part of analysis, I consider now Bitcoin is finishing the wave C before the new bull market. WAVE C STRUCTURE Our main purpose now is to anticipate where the wave C could be ended to invest in crypto. Wave C should consists of 5 waves. Awesome oscillator is our best tool to identify the waves. The minimum AO value corresponds to the wave 3 bottom. Yes, It was at $17500, not at $15500. In my opinion, wave 4 has the shape of complex correction - very tricky one for all traders. I suppose that wave 4 has been finished in two reasons: BTC reached the 0.38-0.5 Fibonacci area and AO crossed the zero line. WHAT IS THE BEAR MARKET TARGET PRICE? I consider the wave 5 ahead. It's to fearfull that the potential target for this wave is located between $9k and $10k. There I plan to invest in Bitcoin and some fundamental altcoins. I suppose most of altcoins will disappear at such low price levels. Anyway we have the clear scenario invalidation level. If Bitcoin will break through the $32800 - wave 1 bottom level, my Elliott wave formation is gonna be failed. In updates I am going to add this idea with local scenarios which supports this scenario.
Short
by Skyrexio
45
Bitcoin is the Answer? The Week Ahead [ Bitcoin ] ₿Price is currently in between our Weekly Level's Support - 27,592 $ Resistance - 30,319 $ Price Is currently in between our Daily Level's Support - 28,857 $ Resistance - 29,540 $ Price Appears to be closing above our Daily Level 28,857 which is a Win for the Bulls. The Bulls are also happy that the weekly candle appears to be printing a larger bottom wick than a top wick. This Bottom wick is also rejecting our Weekly Support Level at 27,592. Zooming out we can see that Bulls are also happy that price has been printing Higher lows on the Daily Chart since the 3rd week of March. The Bears are happy that the Weekly Candle appears to be rejecting the 29,540 $ Daily level from the Previous week. The Bears are looking for Pullbacks to Medium term 24,310 and the Longer term targets being 10,600 Monthly Level. I can observe Bears being content with holding shorts as long as price holds below our 30,319 Weekly Level that extends back to June 22' 30,319 is a S/R Zone that held as a Solid Support during the recent Bull Run to 69K. Price held Support at this S/R Zone (30,319 $) during Jan 21' and July 21'. This is a Major Key Level (30,319$) for Shorts as I can observe price going back up to 39K rather easily if price does not hold here.
COINBASE:BTCUSDLong
by ShrewdCatfx
BITCOIN - Bearish Double TOP 📉Hello Traders👋🏻 On The Daily Time Frame, The BTCUSD Price Reached a Supply Zone (30036.00-30492.22) ✔ The Price Failed To Create New Higher High 📈 Currently, BTC formed a Double Top Pattern ✔ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, BITCOIN Can Continue The Bearish Move 📉 ----- TARGET 1: 28050.00🎯 TARGET 2: 27550.00🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Short
by Hsan_BenAhmed
1
BTC - sell and buy zones.Hello! It is visually evident that a so-called "falling wedge" has formed on the chart, which is one of the most well-known patterns in the market. The wedge typically indicates that supply and demand in the market are converging, and can be a signal for traders that the price may change its direction. In addition, buying and selling zones are highlighted on the chart. These zones can be useful for you, as they are a reference point for me in terms of where the price is expected to go in the near future.
by Du_Trade
Bitcoin - BTC near points of bullish power🔴Bitcoin BTC The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors🟢versus buy aggressors⚫️ Points of switch to bullish power🔴 Are we here dear Crypto Nation?👀🚨🚀 Comments💭, Likes♥️ & Follow🔗appreciated Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
BITSTAMP:BTCUSDLong
by Crypto4Everybody
1
Weekly Momentum On Major Pairs (Week 19/2023)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Slightly Bullish Gold & Silver: Very Bullish XXX/JPY: Mixed Stock Indexes: Mixed BitCoin: Mixed WK 19 (07 May 2023)
by SonicDeejay
Fakeout at 28,500$ Daily level? 😼 Setup : FakeoutLooking for a bounce back up for a retest of 28,500 before returning to the downside. We haev 2 days left in this Weekly Candle. I can see the weekly candle closing below 28,500. If we do this, we can anticipate a top wick retest on the next weekly candle back around 28 to 28,500 Area where we will look for short setups. I think we became a bit over extended here for the bulls. There are popular posts talking about taking more buys. This did not play out and price is ruthlessly coming back down taking out buyers from previous few weeks who have held the bag. I'm anticipating a bounce but a deadcat bounce for more shorts.
COINBASE:BTCUSDLong
by ShrewdCatfx
2
Bitcoin BTC price trade plan for the few weeksIn the coming days, it will become clear what trend we will see in the crypto market in the coming weeks. If buyers hold 27000-27400 $, there will be a chance for continued growth. Below the critical level, i.e. below 27000$, there are a lot of long positions stop orders. If these stops will be broken, the BTCUSDT price will plummet. Waiting without a position is probably the most difficult position to take. But it is necessary to do this in order to move to the stronger side after one of the scenarios is confirmed. And while we wait and watch who will be stronger, buyers or sellers, you can visit our global idea for BTCUSD and choose the route that suits you best. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
77