Btcusdidea
BTC maybe fall?Taking a brief reading of the Bitcoin price structure, I see the ongoing construction of a distribution process, that is, momentarily falling in price, and so we have the possibility to see the price at 20k again.
I honestly wouldn't like to see the price go back to that level, however, the market is sovereign and does what it wants.
Now, when it comes to Bitcoin, this speech about the influence of the FED, Inflation from I don't know where and etc only serves as an excuse for manipulation, because that's where I know it came to be against or part of it and not part of it.
So, don't fall for that, study the price structure and always look at the volume
Good luck to everyone
BTC:Channel boundary?Bitcoin
Intraday - We look to Buy at 22818 (stop at 22348)
Trading within a Corrective Channel formation. Trend line support is located at 22750. We look for a temporary move lower. We look to buy dips.
Our profit targets will be 23987 and 24387
Resistance: 24000 / 24800 / 25200
Support: 23500 / 23000 / 22500
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BITCOIN: HOLDING THE SUPPORT LINE.Welcome folks to this BTC update. I am using shorter TF for this chart analysis.
Timeframe: 6 hours.
Recap : According to our previous update, BTC is still maintaining the 21 MA support level in 3 days timeframe.
Update: In this 6-hour TF, BTC is holding good support at $22.6k. You can clearly see that this is the exact support line from where BTC has bounced back twice already. If BTC manages to break above the 21 MA then we can expect a rally up to $25.5k.
Bearish Rising Wedge: BTC is under a bearish rising wedge formation which isn't good. If BTC breaks down below this support line then things may turn out bad for the market.
Conclusion: It's better to wait for a confirmation call.
I hope this update was helpful.
Trade safely.
BTC short !Shorting BTC from nice supplyzone whcih has liquidity inducement and thats why its high probable to work. Nonetheless I expect BTC to aim higher towards upper 20k possibly this month. I'm targetting demand zones as you can see on chart and looking for buys there cause overally on 4h and daily we are still "bullish" and didnt reach any significant higher time-frame zones for shorts.
I will keep you guys updated for possible longs in next coming days.
Feel free to drop comments and any questions, Enjoy and good luck with trading ! :))
👽 BTCUSD 👉 Time to make money 😁👽 BTCUSD 👉 Time to make money 😁
The lower border of the rising channel provides an opportunity to buy on the rebound
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❤️ I use all my transactions in real trading in my account, my account has already reached Profitability:
1549.04%🙏!❤️
It's your turn!
Be sure to leave a comment and let us know how you see this opportunity and prediction.
Bitcoin 2D Strong Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strenght Profile: Green and getting stronger.
2) Bull Bear Squeeze: The bears are finally completely squeezed, now the bulls need to send it!
3) Money Flow: The money flow is green and positive.
The sideways action could continue for a little bit longer until the strength profile goes above 50.
For now, the Bitcoin 2D Strength Snapshot is strong: Strength Profile 🟢 Bears in Charge 🟢 Money Flow 🟢
🥳 BTCUSD China will give rise to coin target 34,000 🥳 BTCUSD China will give rise to coin target 34,000
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❤️ I use all my transactions in real trading in my account, my account has already reached Profitability:
1549.04%🙏!❤️
It's your turn!
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BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTC BIG MOVE COMMING SOON !!!!!!
In 4H Timeframe BTC fORMED rising channel pattern and in Small Timeframe their is resistance arround $24,200.BTC Trying to break this level.Their is also bearish divergance in 1H timeframe. BTC needs to take Some correction(Atleast till $23,000).In Case of 4H closing Above $24,200 BTC Will jumped toward the $25000 Level.Their is the resistance of Rising Channel and it is the last hope for Bears.If BTC will Hold Above $25,000 Level then BTC will easily hit $26,800 _ $28,300 Zone(4H Supply). Resistance Levels Are $24,200 & $25,000 . Support Zone is $23,000_$22,800. I tried my Best to give you better update.Don't Forget to like this post. Thanks