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Bitcoinusdt

BTCUSDT breaking below falling wedge right into support level.It's been a tough couple of weeks trying to push bullish scenarios but this is normal when markets go sideways. Sideways or trading ranges have momentum too so it will keep doing the same until it ceases to do the same. Right now, we re at the bottom of a falling wedge and price is breaking below trend line support. A false break here could propel the price higher. This setup is one of my favorite setups as it usually gives good RR (if it works). I do think we have a bunch of buyers waiting at around 42k which is the breakout level of the 08-FEB strong breakout. Market may need to to re-test that level soon, which will coincide with a potential false break setup... Not trading advice.
Long
by thedailychartist
Plain and Simple Bitcoin Daily Analysis - 3/3/21Plain and Simple Bitcoin Daily Analysis - 3/3/21 - BTCUSDT Interesting asian session with a small bounce at 47314 that i exactely placed on my yesterday analysis Most probably, because of the news that Amazon started to integrate ETH on AMAZON Managed Blockchain A hint for the future ? So far, so good, so what ? ...now... I don't think i will have to touch anything on my previous drawing. Confidence is too high so does the RSI, and the 49680 resistence seems pretty tough to pass. I'm not convinced yet by this bounce Chances are, price will drop again back to the 44835 resistence line, that would be a great entry point During the session, we will as usual pay attention to any news that can influence the price to breach one of these two levels. You want to remain a calm observer, with 0 emotions. And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure. See you all tomorrow, and don't forget to ...... smash that like button ! And go check my socials down there if you like this analysis!!!!
by Copytrade_TV
Bitcoin buy the flag. BTCUSD - Intraday - We look to Buy at 48484 (stop at 47591) Daily signals are bullish. Trading close to the psychological 50000 level. Posted a bullish Flag formation. A break of 50250 is needed to confirm the outlook. Pivot resistance is at 52080. 50 4 hour EMA is at 48400. Trend line support is located at 48500. The primary trend remains bullish. Our profit targets will be 51161 and 52187 Resistance: 49500 / 50000 / 51400 Support: 48200 / 47200 / 46300
BITSTAMP:BTCUSDLong
by Signal_Centre1
2
Plain and simple bitcoin analysis TODAYAsian Market has been a little rough during the night. BINANCE:BTCUSDT My yesterday's objective was reached but then we've been able to see a slight drop during asian session. Thing is , we are still in for boring sideway action between the 44490 / 46895 range Support held well, it's just everybody is in doubt and fearfull. Right now, you all need to chill, this is nothing but a little needle prick. 3 Bullish divergence are building up on the RSI also, and this might indicate a much stronger bounce than expected But as a day trader, this is the right occasion to remember to always take profits, and stay out of the market once it's done. You want to remain a calm observer, with 0 emotions. And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure. I would recommend to use 0 to 1/4 of your position on leverage, not more, right now. See you all tomorrow, and don't forget to smash that like button !
by Copytrade_TV
1
Bitcoin - Symmetrical triangle between strong Levels. BTC/USDTIf you liked the review, write your opinion in the comments. And also other reviews on my channel. Link in the description. Hello dear traders, friends At the moment we are considering Bitcoin positions. From my last price analyzes, practically nothing has changed. I'm still looking forward to a good fall. And I'll explain to you why now. At first: The price is sandwiched between two strong support and resistance levels : - Green (support): mark 48000-48850 and red blocks (resistance): 50550 - 51450 I want you to understand, I can also be wrong. At this time, I am telling you many factors that indicate a fall further. Also, THERE IS ANOTHER fact - this is the margin grid. 25% - LEVEL 50835 50% - LEVEL 49320 100% - LEVEL 47550 150% - LEVEL 45300 200% - LEVEL 43500 My indicator indicates that the price movement of the bitcoin price is diminishing and there will soon be momentum. In which direction the levels will point you after they are broken. Maybe I'm wrong, but now I see such a picture as: Downward impulse - downward correction - continuation of the downward impulse (IN 85% OF CASES - the second impulse is much stronger than the previous one) Why do I expect a fall further, because we had an exit for the previous ATH without a return (there is no retest of the given zone price) At the level of 41600-42500 - a large liquidity zone (I'll write again - in 85% of cases, the price returns to its original position) A symmetrical triangle is also formed (for many traders this pattern is a zone of detachment - because they break both up and down (depending on the direction of the trend) The fact that the price has been corrected by 20% is just a small part of the required percentage for a normal market. It is the 41500-42500 zone that is the 30% fall zone. Another fact is that the capitalization of Altcoins at the moment has reached certain levels - and made a rebound by 30% The second blocks for places of purchase I (indicated in my channel) Fibo grid - yes, at the moment the price has been corrected. And the level 0.236 is a resistance zone. The zone of normal, healthy correction - 0.615 - just at the levels 41500-42500 Maybe I'm wrong, but I'm still waiting for the fall further. Everything can change in the event that the price makes a true breakout of the level 51500-52500 - and can stay there. Then all this analysis and analysis can be thrown into the trash, as there will be a more global analysis. And I was wrong in my analysis. This Channel is not financial advise, It's My opinion and My observation: @opptrade ❗️❗️❗️Disclamer:❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP LOSS. - And I'm not responsible for your "make millions of dollars fast" gag - I am only showing you the charts that suit me for certain positions. - For each position - RESPONSIBILITY LIES ON YOU. If you don't use all of the above, your deposit will soon become $ 0 - Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be. In time, i to bee wrong too, and have a loss. But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term) I am only showing you how this or that scenario can work in trading.
Short
by UnknownUnicorn13204076
1
BTCUSDT Bullish price action on 1H chart may be bottom formingI am not saying this with certainty but these are the types of price action that I watch out for if I want to trade reversals. We seem to be forging a possible higher low with the current price action. Could this be the first higher low that kicks off a bull leg? I think the context is valid for it so something tells me it is but we need confirmation first. Looking to see if a higher high materializes from here. Note that a reversal here is lower probability (maybe about 40% chance or less) so this is definitely not trading advice.
Long
by thedailychartist
BTCUSDTHello to you all. Mars Signals team wishes you high profits at all times. We see it necessary to give you an explanation about Bitcoin. If Bitcoin receives support in the green line on the chart, then we can predict two scenarios for it: 1) the price would come up to the white line drawn on the chart which would be counted as a pull-back and then we will have further fall. 2) if it is able to break the white line to the top, we can expect it to go higher to the next resistances. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals