Btc-usdt
Positive Side-ways WeekendWeekly Time-frame
We are still inside the cloud and it is still Neutral Strong Support in $37,646. 22 Hours left to print New Candle. If we hold this area and closes with a Green Candle then the next candle will be a bullish one.
Volume Profile Visible Range (VPVR) is currently in the strongest support so we can expect it to hold.
1D Time-frame
We are inside the cloud which is in Neutral position. We can expect a Rejection in $42,561. New Candle will find a support at $37,420 level.
EMA Ribbon is forming a flattening slope which would in turn become easier to break the Rejection area of $40,063.
4H Time-frame
EMA Ribbon is now below the candle and has become its support. Rejection area @ $40,018 it’s exactly at the 200 Moving Average. Relative Strength Volatility Variable Bands (RSVVB) is now in the positive side, and it will start accumulation and pump. Not much volume as it is weekend but we can expect the Altcoins to move to the Upside.
🔥 Bitcoin Reverses After Perfect Re-test: Is It Enough?A while ago I made several analyses on BTC where I discussed the potential bear-flag, and the huge bearish trend line that we recently broke out of.
Bear-flag:
Re-testing trend line:
Around two weeks ago I noted that there was a probability for BTC to have to re-test the bearish trend line before it could continue the bullish reversal. As of yesterday, we have made a PERFECT re-test of said trend line and are bullish ever since.
Will it be enough? For today and potentially the coming few days, yes. However, We should still be very wary of the overall market structure, which is still bearish. Furthermore, we have a lot of risks in the market with inflation and war. Before we can get any meaningful bullish price action, the macro outlook on the world economy has to get better first.
Happy trading!
BOUGHT DIPS…TIME TO EAT CHIPS - BOTTOM REACHED FOR BTC! Analysts according to the news feed on Bitcoin Fear & Greed index claim we have reached the bottom of the downtrend…as the geopolitical climate is affecting many countries we are seeing liquidity moved to crypto especially BTC. people are choosing not to trust their money with their governments and even centralized exchanges. Canada just saw the largest withdraw of money from their banking system with the threat of cyber-tyranny. This is why we invest in bitcoin. I’m bullish for now….using Pionex Margin grid bot (leveraged 4x) indicated by the most recent blue entry flag. We NEED to hit $39,500 to sustain this movement!
#BUYINGDIPSANDEATINGCHIPS
BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello friends
I didn't even think that in a few hours BTC is so low power but can't do anything to the market
But the main which is the down greenline, if the use line breaks, then if BTC will dump in a few hours, then BTC's support line can be $36270, $34080, and $33030
But it's good if it bounces
Stop-loss was hit due to dumping some of my premium cal bitcoins
It happened as I said but it is very bad, you guys know as soon as there is any update in the market, I will tell you, thank you all for joining my team, I am always with you on my stage, Do share like the comment by reading in trust
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BUYING DIPS AND EATING CHIPS (Btc-Usdt)Last night….saw some uptrend but held my bearish position since $39,967 previously…….thought they had us in the first half not gonna lie. Now I will continue to push for lower threshold, unless people wake up on Monday’s and decide to buy but let’s see how stocks perform. Historically the week starts off bearish for stocks and ends the week bullish. But the world is unpredictable as ever nowadays. Buy those dips and Eat those Chips! (Using Pionex trading bots) currently up +22%
BTC - Bounce at previous trendline resistance, turned support?Although our Inverse H/s didn't work out, this is the textbook retracement level off the breakout a couple weeks back.
Short term target from here is 40k, best bet is to see how things are performing when we get near there as well as fundamental factors and move accordingly.
UPDATE - PIONEX TRADING BOT 20% + profit I personally never sold any bitcoin and don’t plan to. Reverse Leverage Grid on Pionex let’s me earn BTC as it goes down, and Margin Grid earns BTC while it goes up. Buying Dips and Eating Chips my friends. I have included the following parameters for my bearish profit making trade. Constantly running 24/7 here are the details (see latest blue flag - no red flag because haven’t exited). Aiming for target of support between $34k - $36k. Don’t sit by while the bears make money! U got this!
Pionex Reverse Leverage Grid Bot (5x)
*use caution*
Entry Price $39,967
Upper Limit $40,050
Lower Limit $35501
STOP LOSS $40051
Take Profit $35500
Current Profit: + 18%
BTC UpdateIn the last update, it was mentioned that breaking above 40600 will lead to 44500. Btc made a high of 45821, got rejected from 12EMA weekly and formed a shooting star candle there. Btc is at crucial support now and bulls are not showing strength here. Breaking below 39500 will lead to 36250, 33000, and 30000. Imo, it will break below as, previously shared, USDT.D is showing strength.
Inverse H/S on BTC with weakening sell pressure? Bottom close?We've tagged our 39.6k level nicely for a potential inverse h/s. RSI is seeing a cross on the 4h and we have a td9 on the 4h, so chances of movement up here in the short term is quite good.
Also this sell spike has really solidified the bullish divergence we've been seeing on the sell pressure side: as the price increases the sell pressure has decreased, while buy pressure started picking up. Very interesting as this usually points to sell pressure weakening.
This is why our short term sentiment is now neutral rather than bearish.
If we get a bounce here we want to watch 42k as the next point of interest. it's our volume point of control since the start of the year, has a lot of historical movement and as we all know 42 is the answer to the ultimate question.
Failure to hold this level - we move to 38k as our next point of interest. But as stated above - we're getting to heavy reversal territory on BTC.
BTC Three scenarious I am watching at!Hey, you dont have to do a trade now and fomo in you can also just take some time and watch out at what is going to happen don't be scared to miss out something. There are a lot of oppurtunities you can take advantage of. What I had to learn was not fomo in something just because it went up. A lot of people that were bearish saying BTC will go down to 20k are now super bullish just stay neutral without emotions. Observe the market because everything can happen, if you think like that you will see what is really there and not what you want to see. I am still learning to get better at it.
Let me know what your scenarious are.
BTC/USD LOOKING BULLISH On the BTC/USDT day chart, the price looks to be bullish.
I see a perfect Trend Line breakout.
But there are no strong indications for confirmation.
We have a support zone at the price of 40k in the 4h chart.
As I mentioned in the previous analysis, we might see 30k one more time.
Last year's bearish market ended with a Triple Bottom indicating a bullish price movement.
This time we have many important people getting real about BTC investments.
I'm still bullish long term.
We have to wait and see how the market plays out.
Trade responsibly and manage your risk.
Key level broken and buying opportunity with BTCH1 time frame.
Structure: The downtrend ended when Key level at 42800 was broken.
Wait for the retest and the bullish confirmation signal to find an opportunity to enter a buy order.
The profit target is the 45500 price zone.
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Wish you all have a good trading day!
Excellent reward coefficient in KSMHello dear friends
What the chart tells me is that the price is involved in large fluctuations in a non-parallel channel. So what can we do to make a profit ???
It is enough to enter the deal in the ceilings and floors after getting the return confirmation and stay with it until the specified ceiling and floor. This chart model is one of the least risky charts.
******Appropriate entry points for supports and resistances according to the chart*******
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