Bitcoin - MORE INCREASE? Have to see THIS FIRSTBitcoin has been giving us some positive vibes as buying pressure shows up on lower timeframes. We've even managed to keep the price above $60k - an excellent sign of strength.
However, before considering more upside there really is just ONE thing we need to see - higher lows.
For as long as we are unable to breakout ABOVE the diagonal resistance zone, we'll just be stair stepping down into a slowburn, slow decline until point 4 is established and we're ready to complete the final impulse wave up (4-5).
Making higher lows would result in prices back towards the upper 60's, with a successful retest of the neckline support.
EXTRA FOR EXPERTS - Here's how to use the Bitcoin Dominance chart together with the Altcoin market chart to gauge the next direction of BTC:
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BINANCE:BTCUSDT
Bitcoinusdt
Bitcoin Ready For Next Big Move! Is 25K Comin Today with FOMC ? Bitcoin in a triangle pattern trying to find its next move.We could touch 29.1 to sweep the high and 26.8 to sweep the lows before our main move.
We usually get a decent to big move with FOMC but sometimes the main move happen a day after
Losing 24.8K (golden pocket) could result in a HUGE capitulation.
*** DISCLAIMER No Financial Advice ***
Thanks for watching
BTC : A Scenario We DON'T WANT To See ⛔Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Bitcoin is consolidating under resistance zone of $29k - $30k and this is BULLISH. However, it's worth pointing out a possible scenario that we DON'T want to see right now - a drop under $25k. This will form an ugly Head and Shoulders pattern that could take us back to a brief wick support around $19k.
I'm labelling this post as a "long" or bullish, because until we actually drop under $25K, I remain of the opinion that we've stared a new bullish cycle.
While you're here 👀 Check out this update on XLM which recently increased nearly 60% :
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Bitcoin Consolidating to go Lower AGAINBitcoin/1H Doing another Pennant
We are also in a down trend channel that I draw which everytime it reaches the end of the channel it makes a move.
Worth noticing when SPX was consolidating btc went to 25K now that spx started to move down btc coming down with it.
We could perform a fake pump and grab some liquidity before further downside.bearish momentun is just starting and we yet have to see bigger red candles ~13%
Please Follow,Comment,Boost if you find it informative.
Thanks for watching
Bitcoin Bearish Flag PatternsHello Traders,
Farid here. I have been trading stocks since 2017 and later got into crypto.
This is my first video analysis on Tradingview (hopefully not the last one), hope you enjoy watching my analysis.
Please drop a comment in case you agree or disagree with my analysis and don't forget to hit the Boost button )
Good luck and trade smart! (not a financial advice)
Bitcoin Update On A 3DAY Chart-- PA Bouncing Off 200 SMA, Positive For A Possible Upside Momentum
-- PA MUST BREAK and HOLD above 50 SMA
-- Stoch RSI Ticking Upwards
-- Positive Volume Coming In, Market Is Buying The Bullish Idea
-- Possible Aggressive Entry Zone For A Possible Upside Momentum
-- Idea Invalid if PA breaks below 200 SMA
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 1-hour time frame. The price was inside a triangle and after receiving support at the support line for the third time, the price was able to break our resistance line. It has now hit our resistance zone. If it is rejected, it can come down to the support line and if supported, it can move back up. If the support is lost, it will fall down to its previous support.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price hit the support line of the triangle and now is ranging over it. Given the long shadow by the 4-hour candle, it shows that the bears pushed the price down. Also we are inside a descending triangle which also signifies a bearish trend. You can Short it here for the first support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is stuck inside a triangle. It will move in the direction of any side of the triangle it breaks. If it breaks the support it will move down to the next support and if it breaks the resistance, after a pullback it will move toward the next resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is ranging after breaking its support line. The price is moving to the next resistance. If there is any weakness in the price, we can Short it for the support zone. If the price breaks the resistance zone, we can enter Long after a pullback. You can sell your assets when it reaches $43K and then wait to see what happens.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price is fluctuating between the resistance and the support zones. We need to wait and see what happens. It will either break the resistance and see higher prices or will break the support and see lower prices. In the 4-hour time frame you see the red line which was the support line and now is broken. The price is likely to make a pullback to this line and then fall. However, if this new resistance is broken, it will go up.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. You can see that the price has broken the upper line of the triangle and has moved up. Now the price is fluctuating at the resistance zone. We expect the price to make a pullback to the upper line of the triangle and then go back up. But if the upper line of the triangle which is now the support line does not hold the price up, the next area of support would be the lower line of the triangle. If the resistance zone is also broken, we can set a Buy order after its pullback.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The first green line has been a resistance line which is now broken. This line together with the next support line form a good support area which the price can move back down to and be supported. If the price is supported here, it can move up to its resistance which is the confluence of two resistance lines.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BITCOIN Weekly Chart Shows Bottom!What's up Everyone! 😃
Video 🎬 3/3 for today and my favorite, as I've been looking at this chart since early december! 😃
Here I'm looking at the weekly Bitcoin BTCUSDT chart, and I've found a few very interesting points that could give away a couple of strong options for a potential bottom.
Like always a bullish, but also a bearish scenario!
THANK YOU for your time!
Like 👍 = 😃
Comment 📜 = 😁
Happy Trading ✌♥📈
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. R1 was the support line which was broken and now acts as the resistance. The price is now down at its first support the S1 zone. If it is not supported in this area, it will fall down to the second support the S2 zone. The price can also make a pullback and fall again. If the price is supported here, we can buy it for the R1 resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck