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Btc-usdt

InvestMate|Bitcoin Support Zone Defended Fasten Your Belts ₿₿ Bitcoin Support Zone Defended Fasten Your Belts ₿ As I wrote recently on Bitcoin's future breakout: ₿ As you can see, Bitcoin is holding the support zone brilliantly and eager negative sentiment is unable to break it. ₿ I think we may see some sort of breakout in a northerly direction in the near future. ₿ I determined the support zone based on a cluster of three fibo levels. The first is the 0.236 level of the entire upward wave from the bottom. The second is the 0.382 level of the entire upward wave from the bottom. The third is the outer fibo level of 1.272 of the entire downward wave from the 2019 peak to the covid bottom. ₿ The nearest resistance zone is between 17.6-18k and is determined by a cluster of two fibo levels. The first is 0.786 of the entire upward wave from the covid bottom to the 2011 peak. The second level is 0.886 of the entire downward wave from the 2017 peak to the 2018 bottom. ₿ If we do not break through the support zone the path to the resistance zone remains open. ₿ The scenario I'm playing out is an upward breakout and a continuation of the rise to the vicinity of the resistance zone, where I'll be watching to see how the price reacts and whether Bitcoin has the desire to rise even higher. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
5
Bitcoin Two Possible Scenarios For Coming Weekend ₿ ₿ Bitcoin two possible scenarios for coming weekend ₿ This post is a direct follow-up to yesterday's post. In which the topic of bitcoin was further explored ₿ There are two scenarios ahead for the coming weekend ₿ The first is a renewed decline to a support zone, a cumulation and then a continuation of the upside. ₿ The second is to start breaking out now and continue making new highs and reaching the resistance zone set out in the previous post. ₿ I leave it to you to decide. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
12
InvestMate|Bitcoin Where to join the rises? ₿₿ Bitcoin Where to join the rises? ₿ This post is a direct continuation of a previous post in which I wrote about an upcoming upward wave that we have caught brilliantly. ₿ In this post, we will try to predict where the correction may end after which we will start the continuation of the uptrend. ₿ The key place on the chart is the support zone. ₿ It has been determined by two fibo levels. The first is the 0.382 level of the entire current upward wave. The second is the outer level of 1.272 of the entire downward wave from the peak in 2019 to the 2020 bottom. ₿ That is where I look out for the end of the downward correction. ₿ The nearest strong resistance zone is a cluster of fibo levels. The first is the 0.786 level of the entire upward wave from the 2020 bottom to the 2021 peak and the second is the 0.886 level of the entire downward wave from the 2017 peak to the 2018 bottom. ₿ There I expect the price to temporarily stop before further increases. ₿ The scenario I am playing out is a continuation of the increases from the support zone to the vicinity of the resistance zone. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
7
BTC Bullish 0.84to1.43% 12 1 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more. This is a continuation of the analysis done yesterday. We should expect anywhere from 0.84% to 1.435% upward moves from here. Do we have the potential to go further? I believe we do. Previous Analysis: BTC broke 17k yesterday and we are in the process of testing the mid-upper limit of the $17k range. At the moment, it's safe to say that it's in an overbought zone. If we break $17,500, we might be heading to $18K. For now, there is an opportunity to gain anywhere from 0.4% to 1.85% with a potential for a greater upward movement. Oversold point: $16,854 Happy trading! Baseline Information: The strategy used for this analysis takes into account the following factors: Timeframe: 3min and 5 min Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN Exchange: Binance Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts. Chart Count: 8 Disclaimer: The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Long
by ghost2019
1
InvestMate|Bitcoin, time to increase ₿ ₿ Bitcoin, time to increase ₿ Bitcoin, as I wrote in my last post. Bitcoin has made a strong breakout. ₿ Then we are left with no other option than to join the upward momentum in anticipation to reach the resistance zone. ₿ We have rebounded from a strong support zone determined by the fibo level of 0.786 of the entire downward wave from the 2017 peak to the 2018 bottom. ₿ We are facing a strong resistance zone determined by a cluster of fibo levels. The first is the 0.886 level of the entire downward wave from the 2017 peak to the 2018 bottom and the second level is the 0.786 level of the entire upward wave from the 2020 bottom to the 2021 peak. ₿ The scenario I am playing out is a continuation of the rise to reach the resistance zone. Once the price is there I will observe how it will behave in order to predict the next move. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
5
InvestMate|Bitcoin will we defend the support zone? ₿₿ Bitcoin will we defend the support zone? ₿ Another Bitcoin update flies in from my side. ₿ As I wrote yesterday we failed to break out above the price of 16700 in which case I did not make any decision to take a position. ₿ We fell on the first support zone set by me. It was determined by the 0.786 level of the entire downward wave from the 2017 peak to the 2018 bottom. ₿ I am very curious to see if we can hold it. ₿ If I would see a strong breakout to the 16500 area, then I can confidently say that the movement to the area of the resistance zone determined by the cluster of two fibo levels. The first is the 0.886 level of the entire downward wave from the 2017 peak to the 2018 bottom and the second is the 0.786 level of the wave from the 2020 bottom to the 2021 peak. Remains open ₿ This is really strong resistance which has been respected many times in the past. ₿ I also do not exclude a descent to the lowest support zone determined by the lowest bottom in o this bear market. ₿ The scenario I am playing out is a continuation of the upside only if there will be a strong breakout above the 16500 level. Then reaching the resistance zone in the coming days. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
11
InvestMate|Bitcoin doesn't want to fall. Will it grow? ₿ ₿ Bitcoin doesn't want to fall. Will it grow? ₿ This time I come with a change of perspective on Bitcoin. ₿ Looking at its behaviour over the last few days, I am moving more and more towards a pro-growth scenario. ₿ All due to the lack of interest in selling and the expropriation of the movement. ₿ All I am just waiting for is some confirmation of the uptrend. ₿ If we manage to overcome the 16700 level, it is safe to say that the prospect opens up for us to conquer the resistance zone. ₿ I determined the resistance zone based on a cluster of two very strong fibo measures. The first level is 0.886 of the entire downward wave from 2017 to the 2018 bottom. The second is the 0.786 level of the wave from the 2020 low to the 2021 peak. ₿ I determined the support zone based on the 0.786 level of the wave from the 2017 peak to the 2018 bottom. ₿ Of course, I do not rule out a downward scenario. ₿ The upside scenario that I am considering is a continuation of the increases to the area of the resistance zone only after the 16700 level has been overcome. Without this confirmation, I am not moving Bitcoin. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
17
InvestMate|Bitcoin Still on declines ₿₿ Bitcoin Still on declines ₿ This post is a direct continuation of the last post. Link below: ₿ My scenario has changed slightly, the direction remains unchanged but we are moving the target to the 0.5 region of the entire upward wave. ₿ The resistance zone remains around the recent highs. ₿ Target has been lowered because the 0.5 zone seems to me more likely to be conquered over the next few days, without large corrections occurring along the way. ₿ The scenario I am playing out is a continuation of Bitcoin's decline to reach a support zone. On which I will wait and watch to see how the price reacts. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
11
InvestMate|Bitcoin a breath of optimism ₿₿ Bitcoin a breath of optimism. ₿ I must admit that my attitude about Bitcoin has changed slightly. ₿ After what I have seen in the last few days, I am no longer as bullish as I was before. ₿ Which does not change the fact that one cannot be negative about a given asset because it did not follow a pre-determined scenario. ₿ I come to you today with something fresh, an upside scenario set on low intervals. ₿ Likely to be implemented in the next few days. ₿ Let me start by saying that, despite the new lows, I believe that Bitcoin could make a bigger upward correction at this point. ₿ I have set a support zone around the 0.5 fibo level of the current upward wave after the new low was hit. ₿ I determined the resistance zone based on the fibo cluster of two levels. The first is the fob level of 0.236 of the entire downward wave from the peak at around 21.5k and the second fibo level is 0.5 of the entire downward wave from the execution of the largest upward correction after the first drop. ₿ I believe there is a high probability of an upward breakout from the triangle we are currently in and reaching the resistance zone. ₿ The scenario I am playing out is to maintain the upward direction with a local stop near resistance. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
6
BTC New TargetBTC New Target Bear vs Bull Once again we look at Bitcoin (XBT) short-term. We have a recent bullish move... What happens next? Above the blue and grey lines the bullish move can continue. Immediate resistance is also found at the black line or MA200 ($16,483). Looking at these three levels, XBT needs to move above the $16,500/$16,850 price range to knock out the bears. Any trading below the blue line (~$16,615) can keep the bears alive and the drop resume. If this level are conquered, then the balls passes towards the bulls. More details on the chart. Still red... Namaste.
Short
by amirehsan61
4
InvestMate|Bitcoin, prepare for declines ₿₿ Bitcoin, prepare for declines. ₿ As in the last post I perfectly predicted the increases. Link below: ₿ This time it came to attack the lows again. ₿ Looking at the chart and at Bitcoin correlation with the major indices, given the impending wave of US dollar appreciation. I believe that there is currently no room to rise. ₿ I think we may see a test of the 16k area. Where I have set a support zone. ₿ It was set based on the 0.618 level of the entire upward wave from the breakout of the new low. ₿ It can be seen that the area around the round 16k level. Has been a resistance as well as a support many times in the past. Therefore, I believe that level can still play an important role in the future. ₿ I have established a resistance zone around the current peaks. ₿ I do not exclude the possibility of testing this zone again. ₿ The scenario I am currently playing out is a gradual weakening of Bitcoin over time, taking into account smaller corrections along the way, reaching the support zone marked on the chart. ₿ *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
12