BTCEUR
ABC 3 waves in BTC to upside Count (H1)we will wait to complete the correction count (see last scenario )
BTC - Possible bullish rally?????
Great strength in the 400-period EMA, double test. Still I believe that the $19-23k price should be reached at some point.
HCH formation. Possible bullish rally to the 45-49mil range where it would meet the 100 EMA. TM=daily
In summary, if it breaks the 400 EMA, we are in serious trouble.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
btcusd another touchdown to 33k end of May still bull marketA lot of money waiting to buy the panic sells that could start below 30k.
21 May were such a chance but this will not come again.
There would be another dip but not lower than 33k, most possibly next Friday when monthly options BTCK21 will expire.
After that the bull market will continue and will will have new ATH ca. 80k end of June
BTC/USDT BINANCEBTC/USDT BINANCE
4H hollow candlesticks.
This is a possible scenario IF the price breaks the downtrend parallel channel.
This is a pattern that has been occurred on 25-5-2021.
MACD will show a more clear result about this scenario.
Multiple Support & Resistance Levels shown as horizontal lines.
Volume is increasing as the price continues to drop.
Bitcoin Price (BTC) = $37,686.73 -0.66%
= 16.17 ETH -7.32%
Market Cap: $1,562,103,369,142
24h Vol: $221,047,710,927
Dominance: BTC: 45.0% ETH: 17.2%
Good Luck
CryptoHellas Team
BTC - Almost bullish. Highly conflictive areaWe are facing a very troubled area in $BTC. During the last 10 days the approach or touch with the 20 EMA managed to lower the price of btc.
In case of breaking it, the bullish scenario shown in the chart is raised.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
You still want to buy the dip? Check my content and you know I have been calling the short for months. If you missed the recent moves down dont worry, there is more downside.
My next area to buy is around 15-20k, thta has not changed for months.
We may retrace from here higher into a danger zone, that's ok but ultimately we are dropping to 15-20k.
Become a Trade Ninja today :)
BTC - Waiting for the moment for the short.My medium-term view is bearish, we are in a rebound towards the neckline to continue falling. In order to reverse this trend, the neckline must be broken and a throwback must be performed.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
$BTC - Is at support & now going to trend sideways for a whileIt took it own time but Now that it has hit our long time target.
I am hoping for #BTC to trend SIDEWAYS for a while with not much movement or chance to break upside any upside resistance for the next 2 months. Of course my trade/ advice will become invalid if it breaks the previous resistance at/around 62k.
Then it will sail smoothly to 77k and may be above.
<> Before investing <>
BTC/USDT BINANCEBTC/USDT BINANCE
4H hollow candlesticks.
As it seems price continues to move inside this parallel downtrend channel.
Personally, I think the price has to hit at least 10K, to have healthy growth.
MACD shows a critical point towards a bearish trend.
Volume is increasing as the price drops.
Multiple Support & Resistance levels shown as horizontal lines.
Bitcoin Price (BTC) = $45,231.40 -5.78%
$13.09 ETH +4.17%
Market Cap: $2,092,998,262,619
24h Vol: $207,049,893,750
Dominance: BTC: 40.3% ETH: 19.0%
MarketCap is not a valid indicator for the price stay at high levels as there are stables...
Good Luck
CryptoHellas Team
<Bitcoin at the crossroads>As you can see we are at the crossroads between bull run and bear market.
In my opinion, bitcoin could create an ascending triangle, which could result in September this year.
This would mean that during the summer we could see a consolidation between 40k - 60k.
If Bitcoin closed a weekly candle below MA21, it would mean entering the Bear market.
However, the On-chain data does not indicate the end of the bull run.
Therefore, I am inclined to the idea that it will be an ascending triangle and at the end of the year we will see another run up.
BTC LONG. This is only part of my strategy I use.I think, that the current market condition is nothing new and has happened numerous times before. There are hardly any fundamentals to look at in BTC other than # of unique wallets, businesses that use them, hashrate, transaction volume, brand loyalty, story and the trust that comes from it. But most of it lags compared to the price action, and the price action dictates 80% of those fundamentals. Technical analysis is more powerful here than the stock market. Fundamentals work if you buy near/below the green line in my chart to get outsized returns, that is the basis of my strategy here. The green circles show the repeating price movement, that is happening because the price is near the overbought red moving average in my chart. The blue middle line is the short term moving average, that the price follows most closely, goes below sometimes, but stays above it mostly in a hard bull run, that can give you a entry point if you missed the green line. The top 2 lines is are of exit. the first is mine and the top one is JPM called. Then I believe BTC goes into a bear cycle, before doing something similar to now. The exit I found is just resistance of the red line in the future, that will be penetrated like in the previous bull run. And the MVRV Z-Score.
I use these fundamental analysis websites to took at BTC.
www.lookintobitcoin.com
www.lookintobitcoin.com
www.lookintobitcoin.com
My entry point is below or near the 730 MA and I believe that is the closest BTC real value. As long BTC is a thing, and you buy near that MA you should not lose money, historically speaking.
My exit point is above the 730 MA * 5 ( not 730*5, but the output of the 730 MA * 5 ( for example 730 MA is $7000, 730 MA * 5 = $35,000) I also take a look at the logarithmic growth curve.
MVRV-Z score shows similar stuff, you don't need it, but you can use it in addition, if you're in doubt.
You don't need to be smart, you just need to be patient, and BUY LOW AND SELL HIGH. It's simple but people forget that you need to buy when other people are not interested and be patient. When everyone is already talking and it's on the news, it's a bit too late to get outsized returns. Most people have 11% annual returns on and investment that goes 4X in a year.
As a disclaimer, I am in no way a financial advisor, and if something happens, like a BTC ban... All of this technical analysis goes to shit.
I hope this will help you make better decisions in tackling the crypto market.
The long term value of BTC is ~$10,500.
Pure technical, pricing valuation, because there is no other way.
That is my valuation for BTC, have fun.