Does BTC is going to have a Correction ?As per my analysis I can see Some Correction is going to happen on BTCUSD Before any big movement to upside. Do let me know what you think regarding BTCUSD ?
Btcudst
BTC/USDT 6 HOUR Chart Fall TargetsIn this idea I finally am confident that we are seeing this retrace. We completed our third ascending scallop and now we are falling. At this point what I expect is 3 descending scallops. Fall occurred last night at just after 10:00 PM CST I expect this to run in 24 hour cycles so give your portfolio that long to recover then make any decisions you need to. Best of luck to you. After we complete this fall then we will double bottom and then go beyond the all time high and there will be your bull run. Get ready when BTC hits the bottom you will have your alt season while it consolidates. This is all very normal movement.
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What can be BTC move for this week !!Hey guys welcome for a fresh update on BTC
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BTC can most likely be caught in consolidation for this week
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After the Major Correction of 15 %
What we can see is that
the BTC is taking Support and facing Resistance
At the local Support and Resistance
So What we can expect For this week
Is that there may be
no major move and BTC can consolidate well
before any big move...
As the next stop will be 70k- 72k area
For that we need this consolidation
Don't Miss Out on it....
Give a thought to it and manage your risk carefully...
Let me know whats your target and suggestion In Comment Section
Will Be back with another Premium Analysis in the mean time..
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this is Husain Zabir, signing out
Thankyou...
Boring bitcoin...Big traders are not in this market. they are waiting what bitcoin will do. Check two scenario. First one- for break we need to break this resistance with good volume. Second - bitcoin will stay in range for few days (weeks)
WHEN THE MOST FOMO ON BTC - THATS THE BEST WHALE SELLHello trading friends,
We know that the most are on LONG - And some will ask Watchtrend why are you bear to the market? - that's the story: We follow the whale ETN tool as no1.
And we know it's only about time before bitcoin will recovery - the biggest rule into trading, there is noting that go only up with normally TA . a recovery should come, and whales know this also.
Have good risk management. that's the most important. when bitcoin breakdown the most will be on lONG
WE DID LEARN FROM MORE RECOVERY TRENDS ALSO FROM 2017.
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Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
---> Have a great day
BITCOIN is READYBitcoin has now touched the Trend Support and is ready for the continuation of Bull Cycle.
$BTC Correction In Order - 50k+ (Not So Fast!)Weekly and Monthly charts are pretty overbought, we are sitting on 90 on the weekly RSI.
Rejection off 50k Psychological level.
Rising Wedge in a bull market is typically a corrective pattern if we break below lower resistance.
Unless Elon tweets something about BTC, I think we head down for a small correction, before heading higher.
Short term bearish structure, but longer term still bullish.
*NOT FINANCIAL ADVICE*
3RD BIG FRACTAL?
Just a idea, not gonna trade this blindfold, watch the previous chart and understand where is the confirmation point, like closing back below the high in the 4rd box, after taking the highs in the 3rd box (purple), retest of the previous high have been a perfect short in the two previous structures.
BTCUSDT LONG 1HR - Personal Speculation. Working in Longer 1DAYThe channel is upwards and looks like BTC could be bouncing support right now. It's touch and go.
BTC Bullish case update$BTC Evening update.
I want to see a decisive break above 19.4K to confirm the bullishness. The void underneath us is quite tempting, with 6H and 8H demands sitting right there.
The scenario is the following: short-term pain for bulls in order to trap shorts.
Let's see!
YFI 25K + target means a huge increase to above trend 30k+ Depending on up trend chart - YFI can increase more when it hit 25k+
the expecting target if we hit 24k are 30k+
Expecting if we dont hit 25k+, that YFI will breakdown.
Have good time all
- THis are up trend idea for YFI
Data Falling Wedge + Bullish Divergenceprice now at falling wedge trend line support
if you want to buy
good entry 250 - 255
stop : 230
Target : 280 , 300 , 350 ,400
we have pretty good bullish divergence
SPX looks bullishWe have bounce off the 3440 support zone which is perfect allignment with 61.8 golden pocket level, and also printed a doji dragonfly candlestick which is bullish
Bitcoin no longer wants to go back under $ 10,000The bulls turned long-term active and unpleasant resistance into support and so the journey up could begin. After yesterday's explosion, which brought the price up to $ 12,123 (binance), came also the first big sale and the price almost reached new and very important support. Yesterday's low was $ 10,518 and the bulls bounced it back perfectly. Currently, the market is calm and we are waiting for further indications.
Technical analysis and its findings:
New and important support at $ 10,000
Major resistance at a price area 13k / $ 13500
New UP Channel at 4H
RSI is overbought at 1D / 1W and this can mean short-term and speculative sales of big players
If Bitcoin doesn't fall below $ 10K it's more than likely that we'll get up to $ 13K+ in the coming months
If you are considering trading be focus on the area of support and major resistance
BTC 4H Triangle Breadown FrustratedBTC 4H Triangle Breakdown Frustrated, now looks we are going up fast!!
I closed My shortsell in Futures and Margin around 9600 area, Lets C if we breakup 9800 area now!!
The Low Is In? Bitcoin Dominance Says BTC Goes Up!The BTC Dominance (BTC.D) chart is showing multiple bullish signals... Is Bitcoin about to go up?
First we notice the ascending triangle, which is a bullish pattern.
Prices are now trading above EMA10 while challenging EMA50 and EMA300.
We have a reversal candle on the 13 March.
Both the MACD and RSI are bullish and strong.
All these signals are pointing up.
Conditions for change
If prices move and close below 64.17, the above signals become invalid. The red arrows enters play.
NOTE: BTC.D moving higher not necessarily means that Bitcoin (BTCUSD) will go higher.
Do you believe that Bitcoin will move lower or will it start to reverse and go up?
Share in the comments section below...
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Previous analysis (Bitcoin Bouncing Now?) :
Bitcoin Drops To $3K Before $32K? New EMAs + Daily RSI Analyzed
Bitcoin Weekly Update (MA200 Breaks / Bearish, Low $3ks Next?)
Thanks a lot for your continued support.
Namaste.
BTC possible movements And Long term buyback zonesBTC on a very important support zone if finger crossed as the trendlines crossed in this support price holds above 7250 daily candle and 7100-7300 in lower time frames we see a pump toward designated targets shown in the chart with green and RSI indicator showing over sold in zone indicates a possible pullback.
but there are more bearish patterns available here ichimiku red cloud - chiko span under the cloud - rsi bearish trend has not break above - selling pressure and many others i personally think of a bearish scenario in short term but btc always surprised everyone
we`ll see...
