btc usd update 53k before the ATH *Not financial adviceif btc fail before than the pink line, selling wont ended until the next support
this is base on the btc movement since jan, not financial advice, you alwyas need to do your own research
Btcbinance
Look at this BTC chartImportant: Altcoin Area is the area in which if bitcoin remains, altcoins will strongly grow. btc should stay calm in this area. so any volatility in this area is not that positive for the whole market.
the red thick line is the line which bitcoin tends to break for a deception. so do not buy if bitcoin hits that.
blue lines are based on +volume profile +pivot point +fibo +some expert opinion. we're not sure if BTC will hit them right away... we need time and BTC still has power.
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good luck
4H chart. I see new STOP-LIMIT BIG SHORT on BTC. Let's do it.SHORT STOP LIMIT: 13270-13200.
STOP LOSS: 13420
TAKE-PROFIT: 12750 . 12177. 11888. 11600.
BIG SHORT YES.
BITCOIN BINANCE FUTURES NEXT MOVES, After manipulation outcomeHi friends, this market has taught me that only the patient dogs stay fat in this game and BTC/USDT is not joking about this after the recent pump and dump.
Let's face the fact that btc/USDT is in an indecision state that can either lead to a pump or more dump.
As a speculator I have to remember the effect sudden spike in volume can affect the price,
like what happened of recent when price broke out from consolidation and dump straight back into it with no remorse whatsoever about your Liquidation .
The Daily chart shows a very interesting Bat pattern formation where the current XA swing retracement to B was less than 61.8% which fits a BAT formation than a Gartley.
but don't forget that this pattern failure could occur if btc/USDT fails to cross the neckline zone around 10k to 10400 and this can lead to a dump to the 8700 zone or even further to 7500.
As futures traders, we have to be open to what ever direction BTC chooses, but this can only be caught if you are patient enough.
The current Bearish BAT could take btcusdt on binance to a possibly 11k zone at-least, and that is only possible if BTC makes it above the current neckline.
Few questions about my current view on the market;
*ARE YOU CURRENTLY BULLISH OR BEARISH ON BTC/USDT?
my answer: I am neither bullish or bearish until I am sure of where the market is going, Better to be in USDT than loose money chasing winds.
*ARE YOU CURRENTLY ON ANY TRADE?
my answer: NO
*WHY?
my answer: I will prefer to wait and see how btc reacts to the neckline before taking any trade because only the patient dog stays fat in this game.
TOP ZONES TO WATCH :
Resistance for long
9950 - 1050
10300-10610
11900-12090
Support for short :
9200 - 9k
8500-8200
7600- 7300
6666
(Support my ministry by supporting idea with your like and comment your view on BTCUSDT)
BTC/USDT BINANCE THE PROPHESY II (part 2)4H hollow candlesticks.
After a huge pump, two parallel uptrend channels has formed.
Both same angle, the second one is wider.
We expect a movement inside this channel for the next days.
We also have 2 downtrend lines.
They both point at a breakout point, so if that happens again, will not be a surprise,
as the price remains in the parallel uptrend channel.
Horizontal lines are showing support and resistance levels.
Also there is a strong support area in the purple rectangle.
MACD just turned bullish.
Market Cap: $250,147,505,078
24h Vol: $136,468,509,193
BTC Dominance: 65.4%
Good Luck
BTCUSDT- One more panic and bounce to resistanceMagic Box . Lets see if this works.
Stop , in case price goes downwards out of the box .
Above 7762 , and daily candle close , we should update the chart if it will keep going
BTC TO HIT 9500$. i have made 80000$ last monthI have made 80K in May only trading bitcoin and i have to say that we are going to hit 9500$ in a matter of time.
we are inside a ascending triangle and it is about to blow.
look on my history and charts and see i have called this from the early stages
Bitcoin (BTCUSDT) Near Term Targets. Expect a relief rally soon!Hey Folks,
BTC continues to drop as predicted here.
BTCUSDT is heading towards 5478 and next stop will be between 5040 and 4971 (Binance price). The overall area coincides with strong price action support of Sept-Nov 2017. I have marked it in a green rectangle.
Expect a minor relief rally to 6xxx range there. The targets for the rally will be updates later.
Thank you.
BTC StrategyAs previously announced, the market is still rather uncertain after this busy week. The trend seems to be bearish in the short term and a return to the next support at $5400 is therefore not impossible.
If this happens, a purchasing strategy can then be initiated if the technical situation shows signs of a bullish reversal.
Summary of the strategy
Buy: If rebound on 5400$
Target 1: $5550
Target 2: $5675
Stop: $5325 after confirmation of the rebound
