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Bitcoinusdt

BITCOIN IS GETTING SQUEEZED Here is what I see going on with bitcoin. On the 4hr timeframe, we are currently seeing resistance at the 200 ema as well as the ichimoku cloud. The price action is above the ribbon but under the cloud and 200 ema so the price is getting "squeezed" between the resistance/support. 1) Im leaning more towards move #1 but with low confidence. This is based on the green zone of support giving us higher highs almost every time we test it. 2) BTC has some pretty serious resistance ahead as marked by the ichimoku cloud as well as the 200ema. This area also lines up with the EMA spread on the daily chart, of which the price is currently under. It is worth a note the spread on the daily isn't very wide so we could break this with ease depending on how strong the next move to the upside is, if we get one. 3) If we do reject here, and we get sent to the bottom of this green box, outlined with situation 2, I believe we will likely find support at it as when we've tested it before it was a quick wick down. The only problem then is we would have quite the rejection from the 4hr ichimoku that would set a lower low. If this happens we could be entering a new downtrend as the ichimoku only works well in trending moves 4) As always this is not financial advice and always do your own research before entering the market.
COINBASE:BTCUSD
by MarketM8ker
BTC technical analysis 4/2/2022 *NOT FINANCIAL ADVICE*51.4K within 12 days? (4/14/2022) based off inflection point on trend line (arrow 1) I think it will happen by Monday IMO (3 days) this is based on previous symmetrical top (arrow 2) potential marker for near symmetrical retracement based on previous high in bearish cycle (assuming our retrace up looks similar) (arrow 3) My technical reasoning: -Ascending triangle was formed and a breakout was confirmed -Triple bottom formed within the ascending triangle (2 bullish charts is a good sign for me) -Momentum & Money Flow Index are in line with Stoch RSI potentially confirming the start of a larger trend. -MACD is on the cusp of a reset whales & Institutional buys are the brunt of this next inflow. I'm personally going long. Anti-Hedge
Long
by squirrelnutz
BTC continues to old resistance levelsHi guys, in order to be safe, please manage your assets when BTC is in either of two red zones. these are very powerful resistance zones and lines. have at least a profit by selling a portion of your assets. a suggestion: on the first red zone, do not open short positions at all. (unless a very strong sell pressure is obvious, btw it's risky) but on the next red zone, you're okay to put your 2way strategy to the test. even for a sell position, it might be safe. but we will share ideas at that level. ask your questions in the comment section below.
BITSTAMP:BTCUSD
by Finnovin
BTC Sell into a rally.Bitcoin - Intraday - We look to Sell at 44587 (stop at 45606) Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 45332 has been pivotal. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 44500. Expect trading to remain mixed and volatile. Our profit targets will be 42004 and 41104 Resistance: 44000 / 44500 / 45500 Support: 42000 / 41500 / 40500
BITSTAMP:BTCUSDShort
by Signal_Centre1
2
Bitcoin: Key price levelsChart Overview - Binance, BTC/USDT, 1D ANALYSIS - 4 Key price levels are established using the fib ext. from the ATH to the low of the large subsequent price dump to the next high before we dropped once more to low 40k's. The prices are as follows: 0 - 52k 0.236 - 45.7k 0.382 - 41.7k 0.618 - 35.4k Conclussion: For a bullish reversal the most ideal situation would be for bitcoin to pump above 45.7k today, I would give this a subjective 10% probability. I would also give a near term dump to 35.4k a 10% possibility. Most likely, IMO, we will see a close around 42 to 43k today, after that we will have to monitor the prices closely. Personally I am bullish because of previous price behaviour and believe we are very close to the bottom of this dump which I believe to be 40.7k if we continue further on the bearish trend. What do you guys think, have we seen the worst or is this just the beginning of a more prolonged bear market or is a bullish reversal imminent? Thanks for reading. Casey DISCLAIMER: NOT PROFESSIONAL ADVICE
Long
by cmpkpersonal
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
by MarsSignals
8