Bitcoinusdt
This support looks legitlook at these two supports.
we can see a pullback on a very long dynamic broken resistance,
and also a decent pullback on a HV on volume profile.
next resistance without looking at waves and harmonics is on 19K.
this idea is not investment advise. so be careful. we have no support below down to the 14000.
bitcoinBitcoin
It started with a negative RD and now a positive RD is forming.
The bottom of the ascending channel is in the range of 12500 to 13000, and I think the price should reach the bottom of this channel first, and then the trend will change with the complete formation of a positive RD, and the price will probably reach $200,000 by the middle of 2025.
If the price is lower than 12,000, this analysis is not valid.
BTC in case of bearish scenarioHi, the targets are determined as if downward scenario and supply pressure will be too high.
technically if a bearish momentum will happen, it should be deep and powerful. if not, we will have a gradual upward move towards the PIVOT shown on the chart.
be careful with your assets as we're also in a zone of longterm (holders) accumulation. so these are the final drops and if they won't meet, a great FOMO will occur for you.
BTC Status🧐As you can see on this time frame we have a bullish trend at 3 ascending waves from 28Nov till 1Dec and after that, we can see the price near the primary resistance zone is building a falling wedge pattern, this pattern can send the price up but I don't like to see this pattern bottom of the resistance zone !! I want to see this pattern above the support zone, so I don't care about this pattern.
so if we consider that 3 waves are one ascending wave at the upper time frame we need 1 correction wave for that and that price is 16500 this is my opinion what is yours?
if the price break the resistance zone this analysis become fails.
Bitcoin Chart Analysis...Bitcoin Chart Analysis..
Hey, Guy's. After Long Time. I'm Back.
Candelistick Can LiE But Volume Can't Be Lie. Just Watch This Weekly Chart, 3 More Day's For Weekly Closing. I'm Still Bearish For Long-Term. Until Volume Break Previous Week Volume Bar. So I'm Waiting For My Last Investment.
⚠️ Not Financial Advice ⚠️
BITCOIN ABOUT TO BOUNCE TO 17KHallo this is my first idea on Trading View.
(Reupload) have an issue before so i reupload this.
I'm not gonna explain the detail cause i'm not good at explaining things in english but i'll give you an idea that may help you doing analysis from another perspective.
Let's start it
>>
Scene 1 : if Bitcoin have a good close bellow 16100 in 1 hour time frame, it's quite likely that we go down to the support area and if we bounce and close above support area we can targeting on 17000.
Scene 2 : if Bitcoin close above the mid channel in 1 hour time frame (green small elipse) or you can also use MA, it's possibly we can go slowly upside to 17200.
If you want more please comment and support by boost my idea.
!! This is not financial advise, this is only an idea. Always becareful and keep on your own analysis.
ThankYou
~ Sinn
28/11/"22 23:00
Bitcoin target 20300Bitcoin MARKET UPDATE
Bitcoin support levels - $16,600 and $16,300 strong Support
Bitcoin resistance - $17,000 and $17500 strong resistance
———————————————————————
Analysis -
BTC Support is at $16,600 and next Support is at $16,300. Resistance is at $17,000 and next resistance is at $17,500. Trade carefully and manage your risk according to mentioned support and resistance levels.
BTC closed its daily candle green at $16,442.
Looking at 1 hour timeframe, BTC was able to break out its $16,600 resistance with high volume and turned it into support. Currently BTC is trading around its resistance area $17,000.
BTC short-term sell positionThis is a probable short position. although. This Idea contains NOT all the facts and clues, and it's just for warning.
so make sure you're doing your own analysis for opening the position.
And, here in this zone, Stop-loss is the most importatn thing ever.
as you know our previous idea is about a long term buy position. so we're simultaniously in a short term sell position and a long term buy position.
so.. you know. you have to manage your risk in short term, and accumulate in long term.
leave your comments down below
Bitcoin will pump before the final bearish move!Hello, everyone!
As you know I wanted to catch the bottom of the local wave 5 on the Bitcoin, but this wave as I can see was shorter than I suppose. Now it’s obviously that the market started the upside correction to $18k and we have to find the low risk long trade now.
Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. The price have already finished it’s wave 3 of any order, it does not matter now for us. We can conclude it because of internal waves structure. Sub wave 5 made just a squeeze below the sub wave 3 bottom and the Bitcoin broke all local critical levels to continue this wave 5 to the downside. Consequently, market started the corrective wave 4 of the higher order to the upside. I consider ABC zigzag. Wave A has been already finished. Now it is time for the wave B. It usually retraces to 0.5 Fibonacci level, approximately $16200. There I plan to open long position with the target at 0.5 Fibonacci level for the higher order impulse wave.
After reaching $18k I expect the new and last crash in this bear market to fulfill my bag with the Bitcoin and different altcoins.
Best regards, Ivan
This might changed everything for Bitcoin!I know it's a messy chart but lucky we have to focus on just a few things!
As we just got the message that most FED officials backed slowing the pace of rate hikes we did see a small pump for BTC and a dump for the DXY. For the DXY I would like us to stay under $110 ish.
For Bitcoin we have a few levels to watch closely.
First the key levels to watch if we want to see upwards momentum:
•16.8k
•17.5k
•18.6k
And some key levels for the downside:
•15.8k
•15.5k
•14.8k
The explanation was to hit approximately 14.8k after we did broke the triangle but after the news we have gotten today we can hopefully throw this out of the window.
Trade safe!
BTCUSDT ANALYSIS , 1 WEEKI shared a general scenario of Bitcoin with you
I hope you like it
Bitcoin is in a downward channel
In this downward channel, there are two main supports to prevent Sharpie from falling, which I have marked for you with a blue dashed line
I drew the general scenario for you, there is no need for additional explanation
I think after we hit the top of the descending channel, we will have a Sharpie drop to the super important $6,000-$5,500 area, and then we will have a super bull market up to $200,000.
BTC/USDT - Showing Weakness 😬With Bitcoin getting some decent rejection at $17K, overall sentiment is looking quite bearish for the king of crypto, and crypto in general to be honest.📉
FTX shenanigans aside, Bitcoin showed weakness as Stocks pumped like crazy for the 1st time since 2020. 🥶
Looking at the BTC/USDT 1H chart, we've mapped out a short term range from $15-17K we can see Bitcoin bouncing around in.
However if we break 15K, which we think is quite likely as we're macro bearish atm, then it could be look out below for all of crypto...🤯
With the latest Russia / Poland news, the worlds seems to be on a knifes edge - which implies the same for markets. At least that's how we feel.
Right now capital preservation is key, so we'll be watching from the sidelines eyeing decent setups.🍿
-TucciNomics
Chief Overlord, AlgoBuddy
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)
BTC Bitcoin BUY opportunity! (Log) Had to Re-Publish due to my log chart moving my trend lines in my previous idea...
Orange circles - Areas of interest, where to accumulate and buy.
Key target for the long-term, perhaps after halving. 1.618 Fib Extension established at around 200-220 K, assuming Fib retracement from previous bull run is hit at 0.618, which is my favorite number for long-term technical analysis .
220'000 / 8'000 to 12'000 = 27.5x to 18.3x ROI. (Or 2'750% to 1'830%).
Even if we go up from 14k region we will still enjoy hefty returns, at least 10x from here.
Average Sentiment Oscillator still confirms that Bears are in control, that orange area is being looked at for a potential cross-over of the blue line, which indicates that the bulls will be in control.
RSI is at its lowest and all sentiments are indicating the bottom may be near.