Btcpump
BTC TRIANGLE BREAKOUT WILL IT CONTINUE?Last week, I published my idea about the next massive move of BTC as it enters the crucial stage of the triangle in this chart of BITSTAMP:BTCUSD
At 8 AM ET, we saw a price breakout of BTC from the near 2-year-long diagonal resistance. This leap happened upon the "breaking" news of SEC approval of the iShares Bitcoin Spot ETF application. The coin reached its price of nearly $30,000 before it was deemed to be false.
That causes it to go pump-and-dump and notice that the price movement is still above the resistance as it stabilizes after that hype, which shows the demand from the market as well as respecting the trendline that could potentially be the new diagonal support line of BTC from a technical perspective.
But be mindful that ETF approval news could happen anytime this week and, let's be aware with our trading positions at this time, set areas for stop profits and stop loss because although we're in a slightly bullish trend, we are embracing the world of cryptocurrency, volatilities is observed at any given time, thus invalidating our technical analysis. Take something with a grain of salt.
My next strategy would be a potential bounce play of the coin on the trendline at the $28,000 range. I'm optimistic that the SEC won't deny the Bitcoin ETF applications and consider the false information and the latest market manipulation as their excuse. If denied, we could expect a breakdown from the diagonal line.
Happy trading :)
BTC TO 30K+ SOON BTC UPDATE:
For now Btc is retesting its strongest support from here we seen 5+ reversal tp 32k and 4+ rejection to 26k zone too.than there's a strong trendline support in this area that\ was witnessed as a strong support and resistance in past too
For now i am going as plan until btc don't close atleast 1 4h candle below 27800 I am bullish and seeing t go to 30500+ minimum soon before a fall back
Lots of love
BTC 1H GOOD Pump RDY ?Yes, we were waiting for this pump. The Bitcoin pump will take the price of Bitcoin to 18166 thousand dollars, dear friends, so please pay attention to this point. If you want to go long, now is the best opportunity and do your shorts in the designated target. Good luck, my friend. You are Manouchehr Azar from Iran
Today's tip in local time will be the meeting about the US inflation rate and unemployment, the result will be in favor of the financial markets and will pump Bitcoin.
PLAN BTC WHEN REACT ABOVE TO 32.800 $I Have Opinion BTC pullback retrace from start 20.800 to 32.800 $ you can SL if BTC below 19.400 $
fibo 1.272 area 22.800-22.900 $
and down to fibo 0.618 20.800-21.300 you can buy again to break move fibo 1.618. 24.100 $
main taget 32.800 $ hold until target
DYOR ..if you have other opinion pls coment , thanks..
USDT Dominance Looking Like a Dump IncomingUSDT Dominance Looking Like a Dump Incoming
USDT looks like it is gettting primed for buying, if this crashes then naturally we should see quite a strong pump in BTC and the ALT market. The ascending broadening wedge is quite a bearish long term pattern although the key driver here is the ascending wedge and the bearish divergence on the RSI - a drop below 7.26% will confirm this.
BTC started the bullish move as i expected !!Hi lads. how are you guys doing ?
So, as you can see, btc pumped above 20k levels after we touched 18.5k level. In my last analysis i predicted a crash to 19.3 - 19k levels and we saw that price lowered to those area as well.
Now im expecting the continuation of the current upward move. there will be some corrections to the downside on the way as usual but the whole scenario is bullish. i think btc will reach these levels : 22k - 24k - 27k. I think btc will see those targets before any lower low happens. i think the lower low (LL) would be around 13k and 15k.
dont forget to like my analysis cuz i will help me a lot :)
love you all :)
Hodl btc? Be carefullTrend is bearish in high time frame. We can see a bullish divergence on rsi and volume don,t like trend too. If we had a wedge and it breaks trend maybe reverse but safe ling is after price breaks last pivot touched trend line.And for short position after breaks rsi line we can think about it and open short with dow theory or sr lines or...
First time in history BTC has posted this!This is a market cipher made by VuManChu (Market Cipher A). For the first time in BTC history it has displayed a yellow X. Which indicates market manipulation. Could indicate a Pump or a Dump. More of a suggestion to be wary.
Loads of videos on youtube to learn how to use this indicator. Similar indicators that are not all too different are sold for big $. So big thanks to VuManChu for making it accessible for free.
Double Bottom on BTC? 2H charttoday has been great!I did predict the BTC dump on previous idea,hope you used it!
this might be the double bottom I was talking about for a couple days.I myself bought a little on 19600 but nothing is gonna happen unless THE ORANGE ZONE BREAKS!
so just have this idea in mind and wait for the breakout!good luck all!
DOUBLE BOTTOM on BTC 1H chartin my previous idea,I mentioned that I expect BTC to return from 20200-20500 zone.BTC broke out from this zone but has not touched our SL yet.for the rest of the path,a "fake" breakout from the orange zone is NECESSARY .
for this idea individually,you can notice a double bottom forming on BTC with its first target around 20500.if you can find your suitable R/R,this might be a good trade for you!
good luck all!
BTC bounce after a massive drop? 4h chartso BTC has moved exactly the way I predicted! ( YOU SHOULD CHECK IT OUT! )
after the impulsive drop,I expect some correction on the orange zone(20200-20500) and an upward move towards 22000.
remember,any long position is a reversal trade and thus very risky.if you can't manage your risk,don't trade it!
good luck all and check out my previous analysis.
BITCOIN SHORT!!🔻📈As u can see this support level is so strong, as back in past this same line pumped the prices, but the candles dont really look gud for a pump. Thats why I am recommending a short position if it breaks the level of support.
Short Trade :
Entry Point - 20,600
Take Profit - 18,500
Stop Loss - 2,1011
⚠️NOT A FINANCIAL ADVICE
Btc will dump?Volume like bullish. Because of many touchs to tr lineand fib 0.618 level and many fake break outs from up line when my pale line breaks I gonna open short. And don't forgot to open position you should have your risk table. For example if my line breaks and my rsi bellow midline of bb and line of 50 and tether.d be bullish and don't have any divergence in rsi,I gonna open short with high risk. And if price breaks up dark line I gonna open long with my risk tabe.
Thanks for follow,boost and comment