Get started

Btcudst

BTCUSD BITCOIN TRENDLINEBTCUSD BITCOIN Chart after it was given a sharp move towards downside, Price making good chart with support and resistance trendline. IF IT'S BREAK ANY SIDE WE CAN SEE GOOD MOVEMENT. AS WE SEE DOWNSIDE CHART GIVE GOOD SUPPORT BECAUSE WE CAN SEE WICK IS VERY HIGH NEAR SUPPORT AREA SO IF IT'S BREAK DOWN SIDE SO WE CAN SEE SHARP FALL AGAIN BUT IF IT'S BREAK UPSIDE THEN WE CAN SEE GOOD UPMOVE BECAUSE THERE IS NO ANY RESISTANCE IT WAS MAKE DURING SHARP DOWNFALL IN PAST. HERE IS JUST I SHARED MY VIES ONLY NOT RECOMANDED ANY BUY OR SELL. DO IT ON YOUR OWN RISK ONLY.
FTX:BTCUSD
by StockMarketArtist
Area of UndecisionFor period of next 1 or 2 days, the Bitcoin price price will be sideways. Daily trend shows no trade zone. Recent pump volume subsides. Either, we continue to break 35k, to play the W pattern towards 38k. or, We continue downtrend towards 32k. we can also see these area are confluence with Fibonacci level of recent high and low. If either of this pattern play out, this will be confirmation of further down or up trend. Just hold our bullets 1st. Don't waste on sideways market.
by cryptokulai
BTC is in a range. Seems like a swing trader's dream come true!$BTC price action has been bound between $40,000 and $34,000 for most of the last 28 days. The market structure seems clear for now although predicting anything about $BTC price is extremely tricky. It's a very volatile asset and has seen days when the price has ranged from $30,000 to $43,000 in a single day. In a sideways range bound market, there are always opportunities for swing traders. Big large body candles with price rejection at the key points of support and resistance provide for well defined points to enter and exit trades. While the opportunity and patterns are clear, there are days when the price has breached through these price points only to come back in range. This means it's extremely important to keep some breathing room and set your stop loss at least a couple of ATR away from your entry point. This video illustrates some possibilities and shows key price points and explains the market structure. There is absolutely nothing in this video that should be consider as investment advice. Please do your own research before you enter any swing trades.
COINBASE:BTCUSD
by elliptic-capital
Bitcoin (BTC/XBT) & Ethereum (ETHUSDT/ETHBTC) Update 2021/06/01Bitcoin (BTCUSDT) Bitcoin broke out of the W bottom yesterday, and is now retesting the neckline of the breakout at 36.5K. It's a bit bearish that price closed below this neckline, but we need to see if price can close above the 36.5K level. If price moves lower, we have the 61.8 Fib @ 35.6K Ethereum (ETHUSDT) Ethereum had a nice 10% rally after breaking out of the W bottom pattern. It is now retesting the 200MAs in the 2550-2600 zone. If price bounces off of this level and establishes the 200MAs as support, we could see a nice second leg up. There is also a larger W bottom pattern that is potentially forming, with the neckline at 2900. If price breaks above 2900 with strong volume, the potential target out of this pattern would be 4K+, an absolutely huge move. Ethereum (ETHBTC) The ETHBTC pair also had a nice rally after breaking out of the W bottom pattern. I actually took a long on this pair, which I shared live, so congratulations to everyone who took the trade.ETHBTC ran into some resistance at the 61.8/golden pocket at 0.072-0.073, which has been serving as the main resistance level for the past few days. As with ETHUSDT pari, the ETHBTC pair also has a huge potential W bottom forming, with the neckline lining up with the golden pocket at 0.03. Should price break above this level, the potential target is 0.09+, which would be a new high during this bull market As always, im not a financial advisor, DYOR, and stay safe!
by cryptotraderog
2
Bitcoin getting ready for another Bearish roundJust when everyone thought the dark days are over for BTC, but doesn't look like it has reached a promising level yet. Going by the chart, Bitcoin has broken the upward moving trend line and it will now be moving in a descending triangle . It is crucial that it finds support at the 32K level. Going by the volume profile, it should potentially be able to hold that area. At an indicator level, Stoch RSI and MACD has are showing Bearish sign and current price have moved below all EMA's. Ideally, Bitcoin should bounce off the blue zone on the chart, and then break upper part of the triangle. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Short
by Manjyot
💎BTC: Heavy Buying Done By Institutions..Hello Dear Traders, In last post we discussed weekly candle analysis. last 2 weeks been great for institutions they are continuously buying every dip. accoutering to Crypto quant, institutions bought btc in 48k-60k range since February. approx. 154k bitcoins flowed out frm coinbase to multiple cold wallets. Soon we may see series of announcements frm companies like facebook and major institutions. Few hours ago when buyers here area tested we seen heavy buying pressure. last weekly low is 52900 area, i think btc will test again these levels. 51500-52500 area is great buying area.
Long
by mbn_global