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Btc-analysis

Ethereum (Complete Technical Analysis)ETH has established itself above the $ 3,200 and $ 3,350 price levels, and will now be prone to a new uptrend if it rises above $ 3,450 and $ 3,500. Ethereum started a new uptrend with the formation of a strong support base in the range of $ 3,000. It then entered a promising atmosphere by climbing above the resistance levels of $ 3,150 and $ 3,200. Condley then closed above the $ 3,300 price level and moved away from the 100-hour moving average. So far, the highest price for the ETH trade in this round has been $ 3,489, and the price has just had a bearish correction. As a result, $ 3,400 support was lost and the 23.6% Fibonacci retracement level of the uptrend from the $ 2,970 floor to the $ 3,489 ceiling was broken. In the chart, the ETH / USD pair also collapsed the support that the downtrend line had created in the range of $ 3,400. ETH is currently trading above $ 3,320 support. In this case, the nearest resistance level upstream is in the same range of $ 3,400. So the first significant resistance is considered at $ 3,420. Crossing it will probably be the beginning of an integrated uptrend. The higher main resistance is in the $ 3,500 range; Ascending to the top is expected to gain more serious and rapid upward movement. But if Ethereum is unable to cross the $ 3,420 and $ 3,500 resistance levels, a new bearish correction is likely to begin. In this case, the nearest downstream support level is around $ 3,300. The key support level is in the $ 3,250 range and the moving average curve; The range where the 50% Fibonacci level is observed. With its collapse, ETH could fall to the $ 3,000 support base.
by MonoCoinSignal
18
#BTCUPDATE - 9.Sept.21 - ABOUT TO MOVE BIGWe are just coming to the end of a consolidation whilst arguably still under a key support although not enough to confirm the direction of the exit to this consolidation triangle. It is impossible to say right now which way its going to go given the general disarray with BTC rn. We have low liquidity zones above and below this point also so its either going to $49.5k or $43k. My play is a drop below $45.5k then short to $43.2k and if it breaks above $47k then long to $48.3k with a stretch target of $49.5k. Alts are looking pretty strong rn but wait for BTC to make its move.
by Kryptochristian
2
Bitcoin (BTCUSD) near term high likely inA series of Fibonacci extensions show a cluster of key 161.8% and 61.8% levels all converging around the 54k to 55k value area. Consider that the Gann Death cycle of 49 bars is right where the next weekly candle opens as well as this time period being an anniversary period of important highs and lows found for Bitcoin, we should anticipate a likely top here for Bitcoin with a likely retracement to the 28k value area over the next 45-90 days.
COINBASE:BTCUSDShort
by itsjustanalysis
17
#BTCUPDATE - 19.6.21 As per yesterdays analysis if a breakdown happened and $35k was filled. Currently quite heavily oversold so expected bounce to occur here at $35k potentially to as high as $38k although be careful as this will be printing a Head & Shoulders pattern imo so could see a heavy dump follow that to potentially $31k again Breaking down here on the $35k will very likely continue down to about $31k/$32k region. as there is very little support down to there. Looking pretty bearish short term but following the ranging pattern pretty closely- I don't expect it to break down below this though $31k support and that would probably be the time to start looking again at buys.
by Kryptochristian
3
#BTCUPDATE - 1.6.21#BTCUPDATE - 1.6.21 We are at the business end of the deal now - coming to a close of the consolidation triangle now with BTC. Right now trying to guess the direction of BTC is a fools game - play to the direction of the break, we should be seeing this play out in the next 2-3 days. Over the coming days I would expect some sort of massive FOMO or FUD news to drop to drive the direction (possibly). Simply trade accordingly - a break up (approx. $36.5k with daily close)) then extremely conservative long targets of $40k & $42k before strong retrace. A break down (approx. $34.7k with a daily close) will quite conservatively see a push to $31.3k and then almost inevitably to $30k where there will likely be a strong bounce/bull trap. There is a possible 3rd scenario that we have seen in previous corrections followed by breakdowns in these consolidation triangles which dumps hard then start a consistent rise to ATH's.
by Kryptochristian
2
BTC: ANOTHER RETRACE COMING? (BEARISH IDEAS)While we have been getting some recent relief on lower timeframes, bearish ideas still outweigh the bullish, unless BTC manages to break and hold above 40k. The simplest and most significant indicator for further downside is that volume has gone down during this recent recovery. On chain analysis shows that as of a few days ago, long term hodlers have been accumulating, but whales were still selling. Consistent sell orders have driven the price steadily downwards towards more attractive entry points as they try to get as many retail traders to capitulate as possible. Perhaps the decrease in volume on this recent rally suggests that the whales are giving retail a hit of hopium before they crush our dreams of a swift recovery & takeoff to 70k & beyond. This is speculation, but it would not surprise me if BTC dumps promptly after breaking 40k and a bunch of buyers fomo in. I'm not going to try to call the bottom. Short term, Obviously 35k and 30k are in the cards. Below that, look to 27k. Perhaps the most bullish outcome would be for BTC to simply range between 30k & 40k for a month, which would make for a great alt season in June! To be honest, I wouldn't mind another BTC retrace so I can scale back into BTC and ETH at better prices. Right now I'm ~60% in Tether & focusing on short term scalp trades until the bulls show up for real. happy trades, CD
Short
by cryptodonovan
1
BTC/USDT Possible Long Trade Idea+Analysis SMC Hey folks, Bitcoin price entered an institutional ranging (consolidation) phase right after the $10k dump. My game-plan is as follows: Assuming the demand area will hold and buyers will get tempted to buy at the demand price, then I expect BTC to reach 57,200 mark and that's where I'm setting my first profit target. If the price manages to break above the 52.2k mark I expect BTC to reach 58,800 mark, and that's where I'm setting my second profit target. Of course, this is all according to my personal analysis and my own beliefs. Don't forget like my idea if you agree with me, and feel free to ask any questions in the comments section. I already have a personal trade open in BTC let's see how it goes. Good Luck, Yours Truly, FXWabz
Long
by FXwabz
🔥When to buy BTC?Support the idea with like! ❤️ #BTC/USD 👋 All greetings friends, I'm back again!) 📌To where will the fall? BTC 🔎Analytics: According to the fibonacci correction, our local support is at the level of $ 52418, players will buy out this level with a high probability, also if the seller manages to push this level, we have a level of $ 50196 at which the main longs of the players will be opened. With a high probability, the price will be reversed in these two places, I do not think that this is the end of the fall.
Long
by MoneyMakerTrade
10
🔥What to expect from BTC?Support the idea with like!❤️ #BTC/USD 👋 Hello everyone! 📌What to expect from BTC? 🔹Analysis: Bitcoin has formed a downward channel, I expect a decline to the 37,000-40,000$ zone to gain a position, large buyers will defend this level. A signal for growth will be the breakout of the upper channel line (counter-trend), the second is the formation of a double bottom. I do not give exact points for entry-exit. Resistance lines - possible sell / correction, you can fix part of the position. All targets are shown on the graph. This is just my opinion, it may not coincide with yours.
by MoneyMakerTrade
27