BITCOIN(BTC) 4H NEAR FUTIRE PREDICTIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have Downtrend in red color (Long Term)
We have 1 Uptrend in green color (Internal Uptrend currently testing to break)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Sorry I did not post lately since I had covid
Good luck everyone, stay safe!
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Btcsignals
BITCOIN is close to the 2021 BOTTOM fractalsBasically after yesterday's fall, Bitcoin is as close to the 2021 bottom fractals as it can ever get. Even though I've made similar comparisons in the past, it might be a good time to refresh them, as this analysis will show that Bitcoin currently shares many similarities with both the late September 2021 bottom but mostly the late June - July 2021 bottom fractal.
Similarities:
a) First of all, all fractals share a common Lower Highs trend-line. Until that broke, the price remained under heavy selling pressure.
b) The June-July and September fractals ended their bearish pressure and started strong rallies instead only after they broke above the 1D MA50 (blue trend-line).
c) The June-July and September fractals made a Low and recovered to the 0.618 Fibonacci retracement level (blue) before re-testing that Low. This was the last Low test before the 1D MA50 broke and the rally started. The current fractal already has a rejection on the 0.618 Fib.
d) The September and the current fractals went below their 1D MA200 (orange trend-line) and got rejected there to make a Low.
e) The September and the current fractals both measured roughly the same drop (-25% and -28% respectively) from the top of their respective Lower Highs trend-line.
f) The June-July and the current fractals appear to be very symmetrical as well. After making an initial bottom, they recovered and turned sideways (blue Rectangle), only to test that bottom again in 34 and 32 days respectively. Assuming that holds, then the bottom is either in (yesterday) or will be priced by tomorrow.
g) The June-July and the current fractals made lows that measured roughly -30% from the 1W MA50 (red trend-line) which is the Bull Cycle's long-term Support level.
h) The June-July and the current fractals have identical 1D MACD formations (blue Rectangle).
Conclusion
If BTC is more like the September fractal, then the bottom is already in and then next break above the 1D MA200 (orange trend-line), should be the confirmation for a rally. If BTC is more like the June - July fractal then we can project that the accumulation will roughly last for a total of 62 days, meaning that there is still another 30 days left of consolidation within the green Triangle. Only a break above the 1D MA50 (blue trend-line) may put a stop to this kick-start a rally.
Do you think comparing BTCUSD with those 2021 bottom fractals is viable? Feel free to share your work and let me know in the comments section!
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BITCOIN, It Is The CALM Before The STORM!Hello Community,
Bitcoin is in a pivotal range building up within recent times into the New Year 2022 and history has shown that such a pattern will lead to a devastatingly high-volatile breakout sooner than later, most often in times when people least expect it. Therefore it is necessary to be prepared on upcoming volatilities and look at how the market can develop, especially also in the Altcoin Section this can bring some worthwhile opportunity potentials to the fore. As the beginning of the year normally marked an important milestone in which Bitcoin is likely to show up with central price-changes and volatility increases this can also happen here. While Bitcoin adoption and technology advancement is still moving on there are major structural technical elements to consider here, therefore, I discovered all the important levels, upcoming determinations, and scenarios we need to consider with BTC holding above the 46.000 USD level and building this paramount formation.
Looking at my chart we can see there that Bitcoin build this clear channel-formation which it initiated with the first major wave-A to the upside and after that moved on with the second major wave-B to form this main channel formation. Within this channel formation of which the wave B is simultaneously consisting Bitcoin is forming the local channel wave count reaching from A to E with the waves A to D already completed. The wave C had its origins within this main local triangle formation that formed in the lower boundary range, such a similar local triangle formation is now forming as well and once this is completed the wave-E has a high likelihood to emerge. When the wave-E appropriately emerges it will be highly decisive on how Bitcoin actually approaches the upper boundary of this whole channel formation, when Bitcoin in this case moves on to hold this higher level there is a solid possibility given that Bitcoin breaks out the channel and continues with the wave-E-extension as well as with the wave-C-expansion. In this case, BTC will have the ability to test the main remaining resistance within the 56.000 USD which is still a highly crucial level because this can mark either a strong reversal point or a point above which Bitcoin has the ability to build upon. For now, it is necessary to be prepared for upcoming volatilities and then see how Bitcoin evolves, it will be a determining journey.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
AVAXUSDT Technical Analysis💎 AVAXUSDT has been making HHs and HLs on H1. It has formed a Bullish flag so after the breakout we can expect a Pullback and if we see a Bullish setup we cna go long.
🎳 Entry now or from 112.67 - 109.42
☕️ TP 117.49
🍺 TP 123.90
🍻 TP 130.54
🍾 TP 137.00
🍷 TP
🍸 TP
🍹 TP
🎁 TP
🚫 SL 109.01 - 106.48
Good Luck 🎲
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What Happens Next?Everybody is still debating if we are going into a bear market or are we in a bear market , the only thing these questions do is distract you from what is about to happen .
Look at the facts in the charts :
October 2020 Breakout
Green Box - Pump breaking 8/1 Gann
Yellow Box - False Rally (Distribution)
RedBox - Price coming back down and holding 8/1 Gann as support and reaching Max Pain on market sentiment.
Orange Box - Disbelief Rally
Present Day
Green Box - Pump breaking 8/1 Gann
Yellow Box - False Rally (Distribution)
RedBox - Price coming back down and holding 8/1 Gann as support , also reaching Max Pain on market sentiment.
Orange Box -????
We can see things clearly playing out like the 2020 breakout same pattern as before . It is designed that way to create as much confusion and false signals as possible before the rally and when it comes most traders will be at a point of disbelief so they won't enter the market till much higher.
Just take one step back and look at the whole picture and market sentiment , traders are the most divided now , everyone has their own idea on what's going on and what's about to happen but nobody is really paying attention to the chart.
The fact is you can clearly see the same pattern playing out that fooled everyone in 2020 thinking Bitcoin was just ranging with that drop from 12500 to 10000 , when in fact it was the best entry in trading history , could this be the second ?
Its time to stay focused and not get distracted with small 5% moves this is all noise.
BTCUSDT Technical Analysis💎 BTCUSDT on h4 after breaking above the significant resistance, it has gone for the retest and pullback,. After forming a Bullish setup we can go long above the support zone
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 47931.10 - 47500.00
☕️ TP1 48275.05
🍺 TP2 48876.96
🍻 TP3 49500.00
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 47453.40 - 46850.00
Good Luck 🎲
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BITCOIN vs USD vs S&P500 What 2022 will be like. HAPPY NEW YEAR!As 2021 comes to an end, we can make a review of how the year went and attempt to project how 2022 might be like for Bitcoin. In this attempt, I've charted BTCUSD (orange trend-line) against the U.S. Dollar Index/ DXY (green trend-line) and the S&P500 (blue trend-line).
As you see, based on the correlations of those, BTC can be divided into phases of Bull (green), Bear (red) and Accumulation (yellow). Basically the whole 2021 was a year of accumulation as BTC traded generally sideways. At the same time the Dollar rose as well as the S&P. It can be argued that what kept BTC within accumulation and not a new Bear Cycle, was the strong rise of S&P throughout the year as typically a rising Dollar brings a Bear Cycle on BTC. Similarly, when the Dollar falls (or at least stays sideways) while the S&P rises, BTC enjoys a Bull Cycle. A sharp fall on the Dollar in particular is what brings BTC's parabolic rally.
So based on what this chart illustrates, we can argue that as long as S&P500 keeps rising or the Dollar stops rising, BTCUSD won't enter a new Bear Cycle. We may see an extension of this accumulation phase then if the theory of lengthening (mega) cycles is true. If the Dollar start falling though and attempts to reach the bottom levels of February 2018 and January 2021, we may see a new parabolic phase in 2022.
Keep an eye on these important correlations and don't lose sight of the bigger picture picture in 2022!
The TradingShot team wishes you a Happy New Year!!
Feel free to share your work and tell me your opinion on this analysis in the comments section below!
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8/1 Gann Fractial Before LIFTOFFSo there could be a fractal evolving right now above the 8/1 Gann . The chart on the left is from sepember 2020 to October 2020, as you can see Bitcoin tends to form a sort of W pattern above the 8/1 Gann ratio before liftoff . We could right now be seeing the same thing play out with a even clearer touch on the 8/1 Gann than the 2020 breakout. If you want to have a look at the zoomed out version of the 8/1 Gann ratio look at the TA below.
It is surreal seeing the this fractal play out again above the 8/1 .
BITCOIN is testing a key Pivot line. Bullish if it holds.Bitcoin is printing a pattern on the 1D time-frame which previously turned out to be a bullish break-out, namely during late July - early August 2021 and mid April 2020.
As the charts above show, on all occasions, there is a Lower Highs trend-line involved which acts as a Pivot Level. Right now BTC testing that Lower Highs trend-line (that started from its November 10 Top) as a Support, having broken above it just a week ago.
When the same sequence took place in July - August 2021 and mid April 2020, the price held that trend-line upon testing it (green arrows) as a Support and that initiated a very strong rally. At the same time, the 1D CCI had broken above 100.00. Notice also how the Ichimoku Cloud is identical on all patterns. Once the price hits the now red cloud, the break-out is basically confirmed.
Will this pattern be repeated? Feel free to share your work and let me know in the comments section!
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BITCOIN The rally is about to startThis is a direct reference and extension of my "Rally kickstart test" analysis I've published two weeks ago:
As you see, Bitcoin did indeed find Support and closed a 1W candle above the 1W MA50 (blue trend-line), which completed the first condition for the new parabolic rally to start. The second is of course the 1D MA50 (grey trend-line) which if broken, it confirms the start of the new rally.
The reason is simple and it has to do with a comparison of the last consolidation phase of the previous Parabolic Rally in August - September 2020. This time I am illustrating the fractals a little bit differently than in my "Rally kickstart test" analysis, as this way the comparison becomes more evident. As you see it was on the October 05 2020 weekly (1W) candle, when the price broke and closed above the 1D MA50 that the Parabolic Rally started. Notice how even the 1W RSI sequences of the two fractals are virtually identical and hit the exact same pressure levels top and bottom. The RSI has now made a Higher High and is taking off. Will BTC follow?
Feel free to share your work and let me know in the comments section!
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SHIBUSDT Technical Analysis💎 SHIBUSDT has broken above the descending channel and has been making HHS and HLs. After the breakout it has done the retest and had already a successful pullback. It has the potential to go higher.
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 0.00003826 - 0.00003412
☕️ TP1 0.00004355
🍺 TP2 0.00005010
🍻 TP3 0.00005597
🍾 TP4 0.00006250
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00003344 - 0.00003075
Good Luck 🎲
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ETHUSDT Technical Analysis💎 ETHUSDT on H2 has been moving in the ascending channel . After the rejection from the support zone it is expected that it continues to go to the next resistance.
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🎳 Entry now or from 4077.73 - 4016.62
☕️ TP1 4137.59
🍺 TP2 4239.86
🍻 TP3 4352.11
🍾 TP4 4500.00
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 4005.39 - 3945.53
Good Luck 🎲
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ADAUSDT Technical Analysis💎 ADAUSDT on H4 after breaking above the major resistance and the descending triangle it has been making HHs and HLs . it is expected that after breaking above the resistance it continuers to go higher
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🎳 Entry now or from 1.483 - 1.383
☕️ TP1 1.618
🍺 TP2 1.754
🍻 TP3 1.912
🍾 TP4 2.072
🍷 TP5 2.220
🍸 TP6 2.400
🍹 TP7
🎁 TP8
🚫 SL 1.372 - 1.280
Good Luck 🎲
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FTTUSDT Technical Analysis💎 FTTUSDT has broken above the descending channel. It has also has been making HHS and HLs in the channel. After the pullback we can expect that the price goes higher.
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🎳 Entry now or from 43.27 - 40.84
☕️ TP1 46.67
🍺 TP2 51.21
🍻 TP3 55.63
🍾 TP4 60.00
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 40.49 - 38.99
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
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BNBUSDT Technical Analysis💎 BNBUSDT has broken above the resistance. After the pullback and retest, we can expect that the price continues to make the second impulse move. At the entry level if you see a Bullish setup, you can go long
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 547.5 - 533.6
☕️ TP1 572.1
🍺 TP2 598.5
🍻 TP3 624.6
🍾 TP4 650.0
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 532.6 - 518.7
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
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Merry Christmas BITCOIN! BTC-SANTA Is Coming With GIFTS!A Happy Christmas for you precious Cryptocurrency Community and for Bitcoin sincerely from my side. The time has come and Bitcoin is moving into a Merry Christmas, what a lucky coincidence that especially into this date Bitcoin is showing up with pivotal price actions and the main formation I discovered which means the BTC Santa has some gifts for us. In this current development, I detected the main formation structures to consider here as Bitcoin recently increased volatility above the 49.000 USD level this is a great structure where I detected the proper derivations off. From my side, definitely a Merry Christmas for all of you, may all fulfilling luck be on your side and when it comes to trading and Bitcoin we are looking at the dynamics now and in the prospected journeys ahead for us in the Elite VIP and in the coming opportunities for Bitcoin, therefore I explicate the fundamental structures and determinations to consider in BTCs Christmas.
Formational Developments:
Taking the objection into my chart now we can watch there that Bitcoin in this actual recent time increased with this great volatility move and printed a gracious volatility candle in the structure, this move has finally completed the whole descending triangle formation I mentioned in my analysis before, I will link it into this analysis to have a look on this dynamic as the analysis is still valid. Besides that now we can watch that Bitcoin managed to breakout above this paramount descending-trend-line marked in green and especially above this trendline breakout Bitcoin managed to increase the volatility dynamics. What we can watch here now is a double bottom formation forming with the first and second bottom bounced off the 45.850 USD support and with Bitcoin now penetrating the neckline at the 51.350 USD level marked in orange. Also, we can watch Bitcoin testing the 200-EMA in cyan matching with the neckline.
Prospects For Bitcoin:
Bitcoin in this current dynamic has a good ability to hold the established range and build up above the 100-EMA in red as it is shown in my chart. There is a high likelihood given that Bitcoin actually holds this level to finally form the breakout above the neckline which will complete the whole formation bullishly to the upside and Bitcoin will activate the further continuations and target zone as it is shown in my chart within the 58.820 USD level in black. Currently, Bitcoin already increases with volatility in the local range which means there is a good possibility given that this happens. In this manner, we will watch out how this whole formation potentially appropriately completes being prepared on the dynamics and for Bitcoin showing an astonishing Merry Christmas Party with price-action-gifts for all of us, therefore we can expect some interesting determinations moving forward with BTC at this great times to celebrate.
In this manner, thank you for watching the Bitcoin Merry Christmas Analysis, a happy holiday for all of you, many luck for you and your families. It will be great when you support the idea and when we move on together for more market insights and together progress in the markets.
"Every choice we make can be a celebration of the world we want."
Information provided is only educational and should not be used to take action in the markets.
BITCOIN Pitchfork and Historic Fibs target + $300kThis is not the first time I use the Pitchfork tool on Bitcoin and certainly it won't be the last as despite not being a popular indicator among traders, it has proven to me how effective it can be, even on the long-term at projecting Bitcoin trends. Last time I published such an analysis was on May 21:
See how accurately the price has been trading within the 0.236 levels with the median as the pivot ever since the May sell-off.
** Application of the Pitchfork **
On today's analysis, I am applying the Pitchfork even wider on the 1W time-frame. Starting from the November 2011 bottom and using the December 2013 as the High and the January 2015 as the Low, we see that BTC has been trading almost entirely within its levels, with just two break-outs in August 17 2015 and December 04 2017. That is why I've added the 1.5 (dotted black) line, which contained the price during those break-outs and the 2.0 (blue) line as future reference.
** The Buy Zones, the Channel Up and the 1W MA50 **
As the chart shows, the lower 1.0 - 0.5 lines provided in 2015 - 2016 the Buy Zone (exception being as mentioned the August 17 2015 candle) and during 2019 - 2020 that role was taken by the lower 0.5 - median lines (exception being the March 2020 COVID crash candle). This ascending pattern of the Buy Zones is attributed to the fact that since the December 2013 Cycle Top, Bitcoin has been trading within a Channel Up (blue pattern) and that's why the 1W MA50 (blue trend-line) has been moving the Buy Zone in each Cycle higher and higher.
** The +.382 Fib progression **
Those who follow me on TradingView and Reddit before, know that the 0.382 Fib progression is a concept I've introduced years ago. That includes that, starting from the June 06 2011 and the November 14 2011 1W candles as High and Bottom respectively, every BTCUSD Cycle Peak that followed was on a 0.382 progression: the December 2013 was just below the 2.382 Fibonacci extension while the December 2017 on the 3.382 Fibonacci extension. Naturally, if this pattern continues to replicate this progression, the next Cycle Top should be near the 4.382 Fib extension, which is around $375k. A level a little below that number, combined by the introduction of the Pitchfork and its 1.5 'extreme' level, would be around $300000. So it wouldn't surprise me to see that as a Cycle peak within 2022.
What do you think about the above? Should we expect 300k based on this Pitchfork and Fibonacci combo? Feel free to share your work and let me know in the comments section!
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AVAXUSDT Technical Analysis💎 AVAXUSDT has been making HHs and HLs in the ascending channel. After 2 rejections from the support line it can go t the upper band of the channel,
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🎳 Entry now or from 118.78- 112.03
☕️ TP1 126.47
🍺 TP2 137.77
🍻 TP3 149.40
🍾 TP4 160.14
🍷 TP5 171.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 111.40 - 107.00
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
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BITCOIN is still far from a Cycle Peak according to the 2Y MA.A lot of talk is being made lately about whether Bitcoin has made its peak and is entering a new Bea Cycle or not. In a previous long-term article, I've introduced the concept of how BTC behaves when new ATH is made without previously hitting the former Cycle Peak. On today's publication I plot alongside those 'Triangles' idea the 2Y MA Multiplier indicator in order to more efficiently illustrate why having a Cycle Peak already is not likely.
As you see on the chart, the time-frame is the 1W (weekly) but the MA periods shown vary. Starting with the bold, the green line represents the 2Y MA while the red one displays the 2Y MA Multiplier X5. The orange line is the MA200 on the 1D time-frame while the blue is the MA20 on the 1M time-frame.
As you realize, the 1M MA20 follows the 2Y MA quite closely. Historically, every dip below the 2Y MA has been a buy opportunity and the good news is that this has risen significantly to the 28650 level currently. The 2Y MA50, which is the focal point of this analysis typically raises a flag of a Cycle Peak formation when it breaks. In February 2021, the price got rejected just below that level, which historically indicates that the current Cycle hasn't peaked yet.
At the same time, the 1D MA200 and the 1M MA20 have started to converge. Every time that happened, BTCUSD started an aggressive rally shortly after. It is very probable that we are on the last consolidation phase (blue Triangle) before the last parabolic rally of the Cycle (which I've illustrated on numerous ideas before) that will eventually break above the 2Y MA x5 Multiplier and form the Cycle Peak.
Do you agree with this? Are you waiting for the 2Y MA x5 before starting to call for a top and sell? Feel free to share your work and let me know in the comments section!
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ADAUSDT Technical Analysis💎 ADAUSDT Has broken above the descending triangle and also has got rejected at very important support zone. After the pullback it can go higher,. We might see the pullback at the previous resistance.
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 1.358- 1.279
☕️ TP1 1.517
🍺 TP2 1.693
🍻 TP3 1.867
🍾 TP4 2.043
🍷 TP5 2.222
🍸 TP6 2.400
🍹 TP7
🎁 TP8
🚫 SL 1.271 - 1.155
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻