Btcsignal
BTC / USDT : 🚀 Update analysisBuy : 31200$ x10
Target 1 : 32500
Target 2 : 34000
Target 3 : 36000
Stop loss : 30000
The current movement for BTC above critical support at $31.2K
if bulls holding and price rebound again to $38K, in this case, will see BTC breakout probably.
if the Bulls fail to do that and the bears breakdown this support zone we will see $30K as the next level for bears!!
in time like that, you have two option to do:
1-Open long position from support area with tiny stop - loss.
2-Wait for confirmation and trade with market direction.
The current bullish targets above $33K located at
BTCUSDT LAST UPDATE... BTC TO LONG AGAIN !!Bulls showing defend from sub support we mentioned in the last short-term update but look like they lack sufficient momentum to push the price up strongly!!, be sure you follow risk management if you decide to trade the moment!!
As we explained in the last update if Bulls fail to push prices up from current support, and BTC closed below $35K daily means bears want to test $32.7K again!!
overall in the current time, Alts take the chance and shows good performance
BTC is attacking the strong supply zone to reach 20KASX:BTC
BTC touches the strong supply zone for the sixth time and can break it this time.
Confirmations:
* The Span B crosses Span A and the green cloud formed.
* ChikuSpan and Tenkensen are top of the Kumo cloud.
* Tenkensen crossed the Kijunsen from below.
* The mentioned strong supply zone touched for the sixth time and could be broken this time.
Get ready and fasten your seat belts!! 100,000 is very close. In the daily chart, with the price crossing the range of $ 13951, we have the main confirmation for the price increase in wave III, the price is currently in wave 3 from point III. The first target for this uptrend is $ 21,000, since 3rd Wave is always the longest wave, we can set targets of $ 50,000 to $ 60,000 for this price expansion.
MY IDEA FROM AUGUST 2019 STILL RELEVANTI just found my old idea from nearly a year ago and it is still ongoing.
There was also an optimistic version of it, which I wanted to believe in.
If you ask me, short is the only option.
Disclaimer
Remember to always Do Your Own Research .
I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such.
You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
BTCUSDT LAST UPDATE... BITCOIN TO ???BTC / USDT
Update analysis
i still believe in dump in coming weeks end of July and Aug so be sure you follow risk management in your trades!!
i will be wrong if BTC closed above 9500/9800 weekly and i will admit that without ignoring, During that time we follow the market movement and trading with it.
BTC/USD - Bitcoin S/R zonesHello traders,
Description of the analysis:
Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
BTCUSD BITCOIN Technical Analysis: Top of Ascending Wedge!!BTC seems to have formed an ascending wedge formation since the sell off on 10 May 2020, which is traditionally a bearish omen.
Now, BITCOIN BTCUSD is currently testing the top resistance of the wedge @ 9930, for a breakout above it, look for an hourly closing candle above 9930 - 9950 region for a BUY opportunity. From there, we look for BTC to retest the major resistance @ 10000.
A rejection by the wedge top would bring u to the nearest support @ 9550 - 9600 region, which coincidentally overlaps with the 50 moving average (MA) line, further strengthening this base as a strong support, offering us a quick SHORT opportunity.
Therefore, I would not suggest buying in at this time, but wait for the pullback to the bottom of the wedge then rebound confirmation OR a breakout above the wedge with bullish candle pattern confirmations.
As always, trade carefully and with stop loss orders. Feel free to like my post if you like what I shared, thank you!
Best Regards,
GOLD D ROGER
A humble, beginner trader
BTCUSD Bitcoin Forecast : SQUEEZING AGAINST 100 MA WELCOME TO MY PAGE! FEEL FREE TO LIKE AND SUPPORT BY FOLLOWING IF YOU LIKE WHAT YOU SEE =)
BTC has been following an ascending wedge line since 11 May 1800pm.
It was rejected sharply by the 200 MA on 11 May 1200pm, where a sharp spike was quickly overturned by massive selling pressure
Now since 13 May 0000pm, it has been following the underside of 100 MA closely, proving to be a strong resistance.
We look to see if BTCUSD BITCOIN BREAKS TO THE UPSIDE of the 100 MA (white line), then our LONG targets would be @ 9000 next, 9200 then 9500 if possible.
Most likely, I would see a sharp rejection @9000 for a SHORT to the support level @ 8500, for a continuation of the sideways movement in the 8500-9000 range.
As always trade carefully with stop losses and FEEL FREE TO LIKE AND COMMENT YOUR THOUGHTS DOWN BELOW!
Regards,
GOL D ROGER
BTC Forecast with Fib Retracement Levels AnalysisAfter checking my previous post and cross-referencing with Fib Analysis and historical data, I can safely say 2 paths BTCUSD will take from now:
1) REBOUND FROM BOTTOM OF ASCENDING CHANNEL and 0.236 Fibonacci Line --> Taking us to resistances @ 9200, 9500 and finally 10000
However, this requires massive buy volumes to overcome 3 major resistances levels close together.
2) BREAKDOWN OUT OF CHANNEL BOTTOM --> Retouch 0.382 Fib Line @ strong support level 7700 or even 0.5 Fib Line @ 7000
This will definitely bring in major BULL POWER with the massive buys upon seeing this BTC price, giving us more gas to start the next major BULL RUN for post halving
Option 2 seems more likely, given the exhausted weeks of bull pressure, and also, having BTC retest the lower levels would garner stronger supports for the next run up.
At the moment, BTC seems undecided about where to go, ranging about forming a PENNANT STRUCTURE.
Watch for:
- Breakdown below 8500 --> DOWN WE DROP
- A close above 8900 --> UP WE GO
For now, hold your horses boys, we charge when the signal flare is lit.
Regards,
GOL D ROGER
Shakeout before breakout BTC idea?Would love if we get something like this. Shakeout longs, retest trendline breakout + a few major MA's around 7.9k, and shoot up right before the halving. May or may not happen, just an idea that would make the most sense and would certainly be the most painful one. Going up from here seems too "easy" money to me.
BTC intraday short opportunityPrice moved upwards as predicted in the previous idea. We are now consolidating under one of the major trend-lines, where breakout usually occurs on the 3rd TL touch, which leads me to believe we are up for more complexity to form some bullish pattern against the main TL, I'd bet on WXY running flat to sweep the lows first, therefore shorting the 2nd touch (if we get there) with a very tight SL above the high could be the play of the day.