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Btcudst

Daily review of BTC interval 4HHello everyone, I invite you to review the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use blue lines to mark the local uptrend channel in which the BTC price is moving. Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking the support zone from $ 23,361 to $ 22,779, but when we fall below this zone, we can see a drop to around $ 21,883 and even $ 20,406. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $23,769 to $24,209, when we manage to break it, we have a second zone from $24,445 to $24,744. Once these two zones are broken, we will move towards resistance at $25,121 and then $26,221. Please pay attention to the CHOP index which indicates that most of the energy has been used, the MACD indicator indicates entering a local downtrend, while the RSI shows a visible rebound, which may give room for new increases.
by cryptodailyuk
Bitcoin is about to crash!Hello, my friends! The largest Bitcoin bear is here. Today I found the Elliott wave formation which gave me the high confidence that BTC will dump hardly next couple on days. Let’s take a look at the 1h time frame of the WHITEBIT:BTCUSDT chart. Here I am going to show you the local sub wave 3. It consists of the 5 waves. Wave 2 was represented as the triangle correction – rare situation, but it has happened. Wave 4 was the ordinary zigzag which has been ended at 0.5 Fibonacci and now the price finished the wave 5 inside wave 3. The overall pump as I suppose is not over, but it’s almost done. I think we will not earn a lot of money opening long trades. Wave 4 of higher degree have the target area next to the wave 4 end of the lower degree. Let’s notice that it perfectly coincides with the 0.38-0.5 Fibonacci retracement of the entire wave 3. It gave me high confidence that my interpretation of the market’s underlying structure is correct. Anyway I am holding my short from $17080 , now I am in small loss and is going to wait for at least $15600 to partially take profit. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
47
Insane short on Bitcoin this New Year!Hello, everyone! It’s time to refresh the Bitcoin analysis. BTC stacked it the annoying flat. This is the corrective wave and I think it’s has not been finished yet. Let’s take a look at the 4h time frame BTCUSDT chart of the WhiteBit exchange. The first downward impulse consists of clear 5 wave cycle. Now there is a corrective wave 2 which is going to be represented as a zigzag ABC. I consider that wave C has been already started and we are going to see the 5 waves cycle inside this wave. Here we have 2 targets. The conservative one is $17200 . The imbalance candle was formed in the impulsive downward wave and usually such imbalances should be filled at least for 50%. The optimistic target is $17500 because the Fibonacci retracement 0.61 level is here. Also this target coincides with the start of the imbalance. I am holding ADA for the potential bounce, but wanna warn you that I am not good in corrections defining. If you are not sure it’s better to skip trades in corrective wave and wait for the insane short. I am going to count waves inside wave C and open short the the reversal bar in wave 5. Let’s see what will happen. Best regards, Ivan! ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
7
Trading Signal For BTCUSDT Bitcoin Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin . Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 19701.00 ⭕️SL @ 19036.00 🔵TP1 @ 21721.00 🔵TP2 @ 23346.00 🔵TP3 @ 27003.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
1
Finally on the point of interest ! - LDTP #16Let's do the point ! We are finally on the level that I'm looking for since months now. It's the moment of truth, spring will succeed or fail ? We will have the answer soon, in all case the rules are always the same : WAIT SIGNALS, DON'T ANTICIPATE . I will update this idea with everything I find to say like I did for the LDTP #14.1 (I hope I will have time to do it). LDTP #15 just have been closed after multiples update, the main idea I was presenting have been proved, I invit you to check it. First thing we can say is that we find the same interest that we had the first time we entered in the spring area. Since we broke the last daily bottom we find the same interest again, institutionnals are back, it's accumulating. We can also point the epidermic reaction that we had on the bottom of the area, pixel perfect once again. Wyckoff redistribution on 1 minute timeframe actually for me, decreasing volume so anticipated exit, we should go to at least $24,100, $23,620 for the final target. This idea will be updated multiples times.
by Kentg
2
BTC/USDT 4 HOUR ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. BTC UPDATE: In short a time, BTC is making this bullish expanding triangle pattern but it's not confirmed yet. if it breaks the important support then the chart will become invalid. let's see how the market reacts in a few hours. This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
5