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Btcchartanalysis

Bitcoin (BTC/USDT) Analysis. BTC appears to be trading within an ascending channel. The chart shows a bullish medium-term structure. The price is currently testing the lower trendline support within the channel. A crucial support area is marked between $94,000 – $92,000 (green area). This is a crucial level for a bounce. Any break below this support could invalidate the channel and lead to further upward pressure. Resistance lies around $100,000 – $102,000 (orange area), which has been tested multiple times. A breakout above this level could spark a bullish push towards the upper trendline of the channel or new highs. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
Long
by CryptoSanders9563
BTCBUSD 1D Chart AnalysisCurrently in the 1D BTCBUSD chart, BTC price is moving near both of the upper lines of Ascending Channel and the Expanding tringle. After some liquidity grab this may be get a downward movement. Other than that, there is a sell OB area above that levels. So price may reach to that level and then price may rejected from that level. Likewise we should consider about the next FED meeting held on 21-22 March. Trading is highly risky. Always focus about the risk management. Put less than 2% of your capital and less than 10 trades per day. 1:2 or 1:3 Risk reword ratio is appropriate. Try to keep more than 75% win rate. I'm not financial advisor. This is only for the educational purposes and not as the financial advices. Do your own research. Trade carefully. Good luck!
BShort
by kacsray
BTC UPDATE 1#BTC UPDATE 1 : In 1W TF already awared this The Profit Station Family Wyckoff's market cycle, I have been seeing people saying around 19000 to 20000 since this was the previous high from 2017 right this could be actual bottoming area for bitcoin and we could be slowly starting new phase but if you look in example right side so far playing out very accurately according to wyckoff's market cycle final stage could be showing some sort of support and finally breaking downward direction exactly as shown in example and discussed plenty ( ) of times so let's say an actual accumulation phase for bitcoin then we heve to overcome obstacle which we are forming right now in other time frames. ( ) according to wyckoff's distribution phase we could finding ourselves i mean the final stage where we could be showing some sort of support and finally breaking into downside exactly as shown in example of Wyckoff's Distribution Phase.
Short
by theprofitstation
1
BTC UPDATE 3#BTC UPDATE 3 : In 4H TF smaller Time Frame broadening wedge and breakout going and according to this broadening wedge our target is 22000 to 22400. But we have to be very careful because 21300 to 21700 we have bearish order block + daily resistance. Undoubtedly this is bullish move, but we need to be mindful that we have a bearish order block + daily level located around 21300 - 21700 area. if we flip this into support than could see further price action in Bitcoin otherwise if we failed to flip could gravitated downward direction.
FTX:BTCUSDShort
by theprofitstation
1
BTC/USDTIn the previous educational post, I posted about Rising Wedge patterns and in this post, I have explained Falling Wedge Patterns. ( Falling Wedge is the opposite of Rising Wedge pattern; for every chart pattern there are opposite patterns excluding some.) Falling Wedges are Bullish Patterns and it generates a bullish signal, Falling wedge patterns forms with Lower highs and lower lows. The Falling Wedge pattern forms in two shapes same as the Rising Wedge; If the Falling wedge pattern forms in an uptrend it will make a continuation and if the Falling wedge pattern forms in a downtrend it will make a reversal. The Lower highs and the lower lows along make a trend resistance and trend support. When a breakout occurs upside, the price breaks the trend resistance line. In a Falling wedge, a breakout occurs upside 60 to 70% of the time. To confirm a true breakout, we can take the help of Volume and other indicators. In a true breakout, there will be big volume than usual.
BITSTAMP:BTCUSDLong
by majidalisabir
2
BTC/USDTRight-Angled Broadening Wedges come in two varieties, ascending and descending. They consist of a horizontal trend line and a sloping trendline. The Ascending Right-Angled Broadening Wedges (ARABW) have an ascending trendline above the horizontal trendline with price action in between. The Descending Right-Angled Broadening Wedges (DRABW) have a descending trendline below the horizontal trend line with price action in between. With both versions, the price broadens over time. Prices should be seen to touch both trendlines twice. Two touches to form the horizontal trendline and two touches to form the sloping trendline. Breakouts from these two patterns often follow a partial rise or a partial decline.
Short
by majidalisabir
BTCUSD 8 Hour -Looking at large scale pattern and Buy/Sell areasEvery once in a while i like to take a step back and do a macro approach to the chart. to see what new patterns may have arisen. I am often surprised to see the major events we thought had caused large ripples in the crypto world were still with the boundaries of normal operation. A slow growth lie this for the next 20 years would be phenomenal. i would hate to see a skyrocket as that would just end up crashing. I kept this level of the cart simple. I am looking at macro scale buy and sale, long term hold, and my short term trade channel.
BITSTAMP:BTCUSD
by mindfree
3
BTC 1-Day ChartBTC on 1D chart is forming a Reversal Chart Pattern (Head & Shoulder). For Resistance and Support, kindly refer to the chart. Key Points- 1. Whenever BTC dips to the support level, treat it as an accumulation zone to buy trending coins (Metaverse, Web 3, etc.) 2. If you have bought the coin at the higher price (Top bid) then it's the right time to do DCA (Dollar Cost Averaging) and minimize the loss. 3. Keep 30% of capital with you and place buy orders at the support levels. 4. Do not indulge in Future trading without SL and TSL as the market is choppy and could liquidate Long/short both. 5. As a trader it is important to respect the loss same as we respect profit, it's the part of the market. 6. Always remember, when you sell the coins right now, you will definitely book Losses but holding of the coin give you ample opportunities to book profit. 7. BTC will bounce back when the market sentiment will be full of fear.
by kanishkdutt9
3
BITCOIN May Be In DANGER! ⚡⚡BTC May be in danger at the moment. Pay ATTENTION!!!!!!!!!!!!!!!!!!!!!!! Initial ATH saw Bitcoin punch through Key Level 1 price. Well, we went down afterwards, and slowly walked our way back up that price level again, punched through again this time, and it set a New ATH. It could not keep up above it as it went down to hit Support . It went through the Support once but quickly reclaimed it back above again. Now support held for days, then it rocket upwards, punched through 63k the third time and made another New ATH, 69k . Here is the Danger ⚡: At the moment BTC is trading near 63k Key Level. Failure to hold it there, will send it down to Support first. If this Support breaks, it goes down to Key Level 2. If Key Level 2 breaks. Bitcoin will touch 52k Price area. NOTE: See similarly potential Pattern repetition on Chart, where I have marked the Arrows. BTC is my occasional analysis which I do when I spot a Key market sentiments sweeping across It is a fragile moment for BTC as I chart right now . And the Bulls must not give it up. If they want to prevent this small Tsunami. Follow @CryptonKidd for more analysis. And Signals
by CryptonKidd