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Btctechnicalanalysis

Bitcoin Continues Fake Pump Ends SoonBitcoin/1H afer it did a stop loss hunt at 22.7 it found support and came back to 23K where it did a break of structure and exited our down side parallel channel (two purple lines) resulting in a leg to the upside. Its Planning to do a liquidity grab untill ~24.2 with a possible wick up to 24.6 depending on the momentun and the volume for the rest of this ride after that it will not only retrace back but further down maybe even filling 20K gap on CME. Chance of a great short from 24172 to 24.6
BINANCE:BTCUSD.PShort
by pcmonk
1
BITCOIN ABOUT TO BREKOUT OR FAKE OUT!- As we can see whenever BTC broke the trend line to the upside a BULLRUN started! - The same could happen again, let's wait and see. - How-ever with everything going I believe that it could breakout touch ATH again and then crash again causing HUGE FEAR into the market to FUD out all retail investors to sell to the elites at a discounted price and then once BTC reaches the peak AMATUER AND EMOTIONAL RETAIL INVETORS will buy at the top! - NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOU'RE WILLING TO LOSE!
BITSTAMP:BTCUSDLong
by ALTCOIN_BEAST
3
BTC Short Trade Update - Is the Dump over!? Relief incoming?BYBIT:BTCUSD CRYPTOCAP:BTC BINANCE:BTCUSDT COINBASE:BTCUSD BTC Short Update - Is the Dump over!? Are we about to have a relief Rally? I go through why I took a short trade before the dump and why I stayed in the trade. See one of the reasons for the trade here: Also look at a possible reversal area and the scenarios that could play out. Not Financial Advice. DYOR. Papertrade before trading with real money. Hope you have a profitable trading day! Shawn
BYBIT:BTCUSD.P
by zartraderguy
What's around the corner for BTC from Elliott & Wyckoff on 1D?!My TA on 1D is based on Elliott and Wyckoff pattern. I did not include any indicators for this TA as at this time they do not show any confirmation for the price reversal. This may take a few days given today's drop. Therefore, there is no need to disregard a possibility of a price falling further down to around 40,300 USD or even to 33,500 USD. It may happen! However, currently the price is bouncing off the local descending trend line in black colour and also off the blue colour line. The vertical volume shows divergence against price for the last 5 days (see the last 5 red candles). Along with its yesterday's longest red candle such action indicates a price reversal. I will update this TA as price action moves along, so keep track of it!
INDEX:BTCUSDLong
by WallStreetFox
4
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above-mentioned chart that BTC is trading sideways currently and stuck between the price level of $29k - $31.5. Currently, BTC trading on a local support level which is $30455, and a moron green candle are likely toward the upper resistance level. If we consider the whole structure, Cleary observed that until BTC breaks this pattern towards any side up or down, the next move can’t be predicted. In the short term, BTC will move upside towards the red resistance zone now. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
#BTC/USDT 1HR CHART UPDATE !!Hello, traders welcome to another BTC/USDT chart update. As we can observe from the above-mentioned chart that BTC is trading inside the triangle pattern on a green support zone or the lower trend line support in this hourly chart. Here RSI moving upside and MACD already printed bullish cross over. 25min remains for a candle close, here BTC needs a candle close above the red dotted resistance level and needs a break above this triangle pattern. Break above and retest to this triangle pattern will lead BTC to gain some green candle towards the upper resistance level at the price level of $30600. A candle that closes below the lower green support zone will be the invalidation point of this chart analysis. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
BTCUSDT : IS THE STORM OVER ??Hello !! Welcome to the quick update of BTCUSDT. As of now, we saw that BTC pumped until 30600 all the way from 26700 thereby pumping the altcoins. In my opinion, we are still very uncertain as this might end up being a trap for everyone. I suggest everyone wait until it breaks 32000 and then we might see some bullish momentum. As of now, 32000 seems to be the first resistance. We also need to wait for the weekly close as I discussed in my last chart as that will decide if we can go further down or stay above 32000. There might be one scenario of BTC retesting the 32000 and again taking a dump until 29000 or the other scenario might be it crosses the 32000 mark and touch the 33700 level. The various scenarios are shown in the chart. The market is still very uncertain, and unstable and I would suggest everyone hold their patience and wait for a clearer picture and trade only after confirmations. As of now, please do not take any trades else you might end up losing your capital. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
by ScramblerG
BTC Short PostionBTC is Still in DownTrend. And Till Now We dont see any Trend Reversel Confirmation. Based on That Here is My Idea on BTC. After My Study here is The Price Levels on 3 TimeFrames Analysis. And all The Target What can Touch BTC Before Reverse The Trend. I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis If You Like My Work Just Come and Join Me. Not A Financial Advice
BITSTAMP:BTCUSDShort
by MoonTradingForecast
BTCUSDT DUMPS : ALTCOINS BLEED BY MORE THAN 50 PERCENTHELLO !! Welcome to the quick update of BTCUSDT. in the last few days, we saw BTC dumped badly after it broke the immediate support of 33000 and 31000. As of now, it is trading at around 27600 and is down by almost 19% from last week. As of now, it needs to push the price above 29200 in order to move up in the weekly timeframe. If the weekly close is below 29200, we may see BTC dump more until 19200 and then take a U-turn. As of now, everything is uncertain, Altcoins are also taking a major hit and are down by almost 50%. As of now, I would suggest everyone stay calm and be a spectator in the market, let the market make the move and when the time is right, we may take entries but it is better we wait now and have patience and save our capital. As of now, please do not take any trades else you might end up losing your capital. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
by ScramblerG
BTC Bounce Or die .. here we have two possible scenario , i don't want to change your opinion but you have to know that when and where to buy ... i want to use this off ! we have strong support here in this zone ( 28 k - 30 k ) so we have to hold it and if its the case , we will see new cycle (new bullish cycle) . but if this support break , price can hit 20 k ... so its your choice , be careful and don't panic ! and know that who will gain profits when you are selling at these levels ...
by cryptodiamondz
BTC Daily Analysis! Bullish Triangletoday we are looking at BTC on the daily chart and we see a bullish triangle we ae currently breaking out of and we are trading still within this sideways box. We have a ton of open money sitting in multiple spots above and below the current price action. On the top and bottom sides of the bullish triangle we have money building up on both sides and we are currently breaking to the upside. My thoughts on this particular pattern is that it could quite possibly be a retail trader trap. We have lots of downside liquidity waiting to be taken out and what we could see here is a fakeout to the upside like we may be seeing right now before shooting down taking out bottom side liqudity before bouncing back to the upside and going for all of that liquidity. The reason why i favour this scenario is because it would cause max pain for retail traders and paper hand investors, another fast spike down would wipe out money and also strike massive fear into the eyes of investors. We have a red box drawn that shows a major level of resistance, we have the 236. FIB level we have the Pivot point and the R1 resistance, we do also have multiple EMA's in that zone aswell but i don't want to clutter the chart. On the upside we have a clear Imbalance shown by the green box that at some point will need to be filled. Finally a good target will be around 47.7K at the top of our box, we have been stuck within here and a break and close above that level will likely give us some major momentum to continue moving up! Not financial advice just my opinion!
BITSTAMP:BTCUSDShort
by JacobR905
BTC bullish divergence Looking at Bitcoin on the daily timeframe we notice what we have been talking about the past 2 weeks is continuing too play out beautifully! We are respecting our uptrending line very well! We had a slight wick underneath but just like before we have held on perfectly with 0 closes underneath this level! something I noticed on the daily chart here with the RSI was a crystal clear bullish divergence! we had a higher low on the RSI and a lower "high" on price action, either the candle i have marked or our current daily candle could count, the only way for the current daily candle too invalidate the bull divergence would be by creating a higher high from the first point which is very unlikely too happen before our daily close! Now lets look back in time a little bit, if you guys noticed i have the exact same thing drawn out from FEB 19 to FEB 26th, we had a fall down too our trendline, held it, and then went on too create a bullish divergence that looks the exact same when we were in the accumulation phase! Lower high on PA and a higher high on the RSI. Now what happened following that bull divergence!? we flew up with a big institutional candle pushing us up for another leg! Now i am looking for something similar too happen here, we have held our uptrend line and retested mutliple times, we have created a bullish divergence! Now its time too play the waiting game! Not financial advice just my opinion!! PS. Everyone viewing my stuff on tradingview apologies for the lack of content i have been focusing on trading and putting content out for "friends" can't say much or ill get a strike on tradingview lol message me if you want too talk about that further, have a great night! talk soon!
BITSTAMP:BTCUSDLong
by JacobR905
2
BTC Daily Update for Potential Short! Taking a look at BTCUSD on the daily last time we spoke on this we were trading around the smaller yellow box which is acting like a sort of magnet, price action seems to be always coming back to these levels then struggling to breakout, Since then we have had a strong breakout and pushing up towards our potential short position, we are also trading within a larger sized sideways zone shown by the dashed lines. Now i have changed up the short position a little bit ive adjusted our entry point too the recent high wick above the dashed line, think that a sweep of both of the previous highs is likely, take out some positions and continue for another potential drop back into our zone. now there is another scenario where we don't make it upto the top zone and that is if we create a lower high then chances are likely we will start falling a lot sooner! Now the RSI is bac above the midline which is good for the longer term and for this short i am looking for a push upto the overbought zone which we haven't visited since mid october, due too that we are likely going to face significant bearish pressure upon reaching that point. Now with the MACD we were coming down where is appeared our bullish cycle was coming too an end, but we are seeing a significant tick up for todays bar, seeing an increase shows a rise in bullish momentum that could lead too one more pump up before coming back down! Not financial advice just my opinion!
BITSTAMP:BTCUSD
by JacobR905
BTC/USDTHey Everyone, This is BTC Short Term Chart Technical Analysis which shows of course two scenarios but clear levels for trading. The Trade set up is as follow: If the Support trend line broke, we will wait for a pullback and confirmation which do not be a Fakeout then we will enter a short position with a stop loss above the support trend line and our targets are: 39700, 38850, 38100, 37000. Or if the Price and candles remained above this support trend line we can open a long position for targets 42200, 44000 for short term. Do not forget that this is not a buy or sell advice it's just my own opinion and technical Analysis. Do consider risks and manage it well. Good Luck everyone.
by javidamiry