$BTCUSDT UPDATE!!!Hi Traders,
Please refer to the recording to an overview of the most recent price action in crypto! We discuss next price levels and scenarios.
Thanks
MS
BTC-USD
BTCUSD H4 Potential Bounce | 3rd March 2022On the H4 chart, price is near our buy entry of 42680 in line with horizontal overlap support and 23.6% Fibonacci retracement. Price can potentially rise to our take profit level at 45417 in line with the horizontal swing high resistance. Alternatively, price may head to our stop loss at 41620 in line with he 50% Fibonacci retracement level. Our bullsh bias is supported by how price is moving above the ichimoku cloud.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTC/USD - weekly Analytics + Altcoins 01.03.2022From 24.01.2022 to 10.02.2022 an upward impulse movement was formed, increasing chances for the tendency change towards the growth of quotations. With a high probability the correction to this impulse was completed on 24.12.2022, this is proved by breakdown of the key level 42680. Together with the pessimism of investors and the technical picture we expect the medium-term growth of quotations. The cancellation of the scenario will be the fall below 34150.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
BTCUSD Potential bearish drop | 28th Feb 2022On the H4, with price currently moving below the ichimoku cloud , we have a bias that price will drop to take profit at 34612 in line with the 100% Fibonacci projection and horizontal swing low support from our entry at 40060 in line with the 50% Fibonacci retracement and horizontal swing high resistance. Alternatively, price may break our entry structure and head for our stop loss at 41408 in line with the 61.8% Fibonacci retracement .
4 hours ago
Comment: Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD Potential bearish drop | 28th Feb 2022On the H4, with price currently moving below the ichimoku cloud, we have a bias that price will drop to take profit at 34612 in line with the 100% Fibonacci projection and horizontal swing low support from our entry at 40060 in line with the 50% Fibonacci retracement and horizontal swing high resistance. Alternatively, price may break our entry structure and head for our stop loss at 41408 in line with the 61.8% Fibonacci retracement.
BTC | Longterm IdeaLike in the last post we have here some fractals that might repeat themselves I think there still room to the upside than to the downside buying here for the end of the cycle is a good idea in my opinion. That is also what I am going to do, if we fall lower I will buy more. I really do believe in the technology of crypto. Let me know what you think and shill me your ideas.
Bitcoin, free fall to 37 k?Hello dear friends
Bitcoin, free fall to 37 k?
According to my analysis, this is a strong possibility.
If that happens, Bitcoin may test lower targets, but there is still no reliable data for what is likely in the distant future.
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
GOLD SHORT POSITIONHello dear friends
I marked everything on the chart, I hope you enjoy
******Appropriate entry poin ts for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
BTC/USD - weekly Analytics + Altcoins 25.02.2022Technical situation in bitcoin is still uncertain, but at the same time we believe that correction from April 2021 is coming to the end. Buy entry tactics looks logically justified as at the moment there is an impulse movement, which gives us a reason to expect the continuation of the recovery (cancellation of the scenario of the exit below 34300). Plus, the investors' mood is at the pessimistic levels, which also increases the chances of upside. Further we will have to monitor the situation as the price moves.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow several times.
BTCUSD Potential Bearish Momentum | 25th Feb 2022On the H4, we can see that price has broken up of the descending channel. Although this is signifying bullish momentum, we first expect price to drop from 1st resistance at 39553.86 which is in line with our 50.0% fibonacci retracement and horizontal swing high resistance to 1st support at 36405.47 in line with both 61.8% fibonacci projection and retracement, along with horizontal overlap support. Alternatively, price may break through 1st resistance and halt to 2nd resistance at 41617.32 which is in line with the horizontal overlap resistance. Our bias is further supported by how price is moving below the Ichimoko cloud and expected to reverse off the stochastic indicator resistance.
BTC Massive WXY Correcting 3rd waveMy Elliot Wave count on BTCUSD, i see this as a massive WXY (4th wave) coming to the end, bulls getting ready!
BTC USD Russia & Ukraine Blah Blah Blah! Same Sh*t!The charts speak for themselves. Russia and Ukraine have been going at it for years, its always the same crap, sabre rattling, threats, then talks! As you can see I show how many times this has happened since 2014, its ridiculous and I couldn't post nowhere near every article, just a few out of thousands that I saw from 2014 to present, and not counting duplicates.
I also compare the Dollar Strength to all this and how its touching the top of the trend line ready for another dip which means another nice move up for BTC. The BBWP is also at extreme lows not seen since the last run up from $8000 to $60000. The dollar is about to take a crap to some serious lows over the next few years as hyperinflation ramps up. Hold strong my friends, don't get shook.
This is not professional trading advice, just my opinion. Like if you appreciate this chart and follow me for more updates on many other coins. Leave a comment below and tell me what you think. Thank you.
BTCUSD potential for bearish continuation | 23rd FebPrice is near sell entry level of 38939.20 in line with 50% Fibonacci retracement and 161.8% Fibonacci projection. Price can potentially dip to the take profit level of 36395.13 in line with 78.6% Fibonacci projection. Our bearish bias is supported by the ichimoku cloud indicator as price is trading below it.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD potential for short bounce | 22nd FebPrice is near buy entry level of 36547.08 in line with 127.2% Fibonacci projection. Price can potentially go to the take profit level of 39472.04 in line with 38.2% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator as it is at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Potential Buy In BTC/USDHere are the key support levels in view for BTC/USD:
Weekly 78% Retracement, $35,710
Demand Zone, $35,000
If prices continue to fall, a long from $35,500 may set up in the coming days. Here's the trade:
1) Buy $35,500
2) Initial stop loss at $31,500
3) 1:1 risk vs reward ratio for 11.2% ($4,000)
4) Profit target at $39,500
BTCUSD potential for short reversal |21st FebPrice is near buy entry level of 38940.52 in line with 127.2% Fibonacci projection and 50% Fibonacci retracement . Price can potentially go to the take profit level of 4509.34 in which is also the graphical swing high level. Our bullish bias is supported by the stochastic indicator as it is near support level .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BTCUSD potential for short reversal |21st FebPrice is near buy entry level of 38940.52 in line with 127.2% Fibonacci projection and 50% Fibonacci retracement. Price can potentially go to the take profit level of 4509.34 in which is also the graphical swing high level. Our bullish bias is supported by the stochastic indicator as it is near support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
WE ARE HERE BITCOIN USD 2018 COMPARISONWE ARE HERE BITCOIN USD 2022 2018 COMPARISON
Bitcoin similarities with 2018ç
RSI
Moving Averages
I think we need to drop down to the 200 moving average weakly to complete the full cycle.
another 6 months of Bear market.
*unless we see a huge spike in volume so we can go up the 50 moving averages*
Bitcoin RSI negative divergenceHello All,
Bitcoin having hard time to follow commodities and energies because it is not consumable.
Bitcoin is not an inflation hedge instrument. In an inflationary environment, people would like to hedge their wealth by investing gold.
Gold became a safe haven for money and seems like a smart move to allocate a portion of gold in a portfolio in inflationary environments.
Bitcoin is an interesting, tempting instrument. In my opinion fighting against its value is non sense. Because the technology it offers will be the technology of future; blockchain.
BUT
Bitcoin can be an investment instrument but not a good instrument of payment. Think about getting paid by Bitcoin..
Bitcoin's value is so fluctuant that even one day your salary would decrease or increase by 20%.
That's why Bitcoin will always have haters and lovers.
Nowadays, I don't see Bitcoin revaluate to new highs because with Fed's approach to money.
If Fed decides to awards dollar holders by increasing rates, we'll probably see new areas to reinvest this instrument.
I decided to follow Bitcoin's price actions while approaching to Fed's meetings.
Thanks and stay safe.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (41034.89).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 33.
Take Profits:
TP1= @ 44375.30
TP2= @ 45791.61
TP3= @ 49369.49
TP4= @ 51787.31
TP5= @ 55720.27
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (41034.89).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 44375.30
TP2= @ 45791.61
TP3= @ 49369.49
TP4= @ 51787.31
TP5= @ 55720.27
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BTCUSD Potential Bounce|17th Feb 2022 On the H4, with price expected to bounce off the support of the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our take profit at 45715 in line horizontal graphical swing high resistance from our 1st support in line with horizontal overlap support and 61.8% Fibonacci retracement at 42873. Alternatively, price may head to our stop loss, which coincides with horizontal swing low support at 41620.
BTCUSD Potential Bounce|16th Feb 2022 With price moving above the ichimoku cloud, we are biased that price will rise from our pivot in line with the horizontal overlap support and 50% Fibonacci retracement to our take profit level which aligns with the 78.6% Fibonacci retracement and horizontal overlap resistance. Alternatively, price may break pivot structure and head to our stop loss in line with the 78.6% Fibonacci retracement.
