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Btcusdidea

BTC: We remain bearish territory?!!Bitcoin Intraday - We look to Sell a break of 28785 (stop at 29436) Primary trend remains bearish. A break of bespoke support at 28800, will open an aggressive bearish move. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 27207 and 26807 Resistance: 30000 / 31000 / 32000 Support: 28800 / 27700 / 27000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by VantageMarkets
5
Is this divergence relevant and BTC will pop?As we all have noticed, recently, BTC is strongly correlated with the stock market, and considering this correlation a true one, one may wonder if the recent divergence is of any relevance? What I mean by this is that looking at the Nas100 chart above we can see that recently, although Nas has made a new low, this was not followed by BTC. Considering that I expect the recent breakdown of support for Nas to be a false one and the index to correct higher could this translate into a pop in BTC's price? More, looking strictly at BTC's chart we can see that after the 25k low, the price is consolidating and is trading in a range between 28500 and 31k A correction in indices could lead to gains for BtcUsd and this can mean a break above 31k resistance. In such a case, BTC can accelerate its gains towards 36-37k horizontal resistance. That being said, I'm bullish BTCUSD at this moment and I will remain so as long as the range's support is intact
COINBASE:BTCUSDLong
by Mihai_Iacob
9
Bitcoin bottoms upAs we all continue to look for a price bottom for #Bitcoin #BTC I have been looking at some alternative indicators One which I found interesting is Ben Cowen's risk indicator which, if history is to go by, has done a pretty good job of indicating the bottom whenever the indicator has turned bright purple falling below 0.20 This has not happened yet which possibly suggest more downside before we see a 'bottom' and I will personally be waiting for this indication before buying Something you will notice is the indicator does not remain below 0.20 or bright purple for long so this will be something that needs to be monitored closely It has also done a good job of identifying the tops and good times to sell whenever the indicator turns yellow/red or goes above 0.80 As always leave a like and let me know what you think
BNC:BLX
by jamesdbarnard
Bitcoin- What I would like to see to open a trade (buy or sell)Yesterday I said that BTC doesn't show any power to the upside, but, even if I'm bearish overall, let's be honest, bears are also dead and lack conviction. So, at this moment, I sit and wait with a clearlettingin my mind: 1. Bullish scenario: What I would like to see for opening a buy trade is a false break under the range's support (28.500) and a strong reversal back inside the range and above 30k. That for me is an indication that bulls are not letting Bitcoin drop and this is accumulation. 2. For a sell trade: Would be exactly the opposite, a false break above 31k resistance and a quick drop around support. That for me is a sign that this was distribution. For the obvious reasons, I will not trade the break in Bitcoin's case at this moment
BITSTAMP:BTCUSD
by Mihai_Iacob
20
BTC: AT THE SUPPORT RANGEBTC update: Welcome members, to this BTC update on 3 days chart. BTC has been moving in the same range for the last 7 days. Technically, we are still at the support range and unless BTC breaks down below this, we are in safe hands. If at all BTC bounces back from this range then get ready to see some amazing rallies coming in. Let us compare all the scenarios together. 1. BTC: BTC is at the support in the 3 days timeframe. 2. USDT.D: The USDT.D is at the overbought range in 3 days chart. It should show some rejection soon. 3. Fear & Greed Index: The market is at the extreme fear of 13. This shows that it is the accumulation phase for BTC. All this indicates a rally coming soon. Okay, I might be wrong at this and my probability could go wrong but the risk-reward ratio is a good deal here. Entering the market with a portion of your portfolio with a tight SL could be a good deal here. So, do your thorough research before jumping into any trade.
COINBASE:BTCUSDLong
by Dexter_The_Trader
BTC: Still under pressure!Bitcoin Intraday - We look to Sell at 30666 (stop at 31424) Daily signals are bearish. 50 4hour EMA is at 30680. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 30974 has been pivotal. Our profit targets will be 28707 and 28207 Resistance: 30000 / 31000 / 31400 Support: 29000 / 28500 / 27800 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by VantageMarkets
1
Bitcoin Technical AnalysisCandlesticks are the fastest way to show the state of the market in my opinion. Currently, the weekly candle is a bearish candle with antennae appearing, reflecting buying force appearing but selling force still prevails as shown in the body of a very long bearish candle, so the downtrend prevails. It is possible to end this week with a doji before a bearish or bullish candle appears to confirm whether the market continues to decline or rise. Currently BTC price is at 29,000 below the 32,000 support price line. If BTCUSDT price fails to break above $32,000, the bear market continues and BTCUSDT continues towards $19,000. Therefore, we need a financial plan to buy BTC at the best price and a suitable strategy to increase assets.
by PhamNgocTu-Forex
BTC UPDATE IN 1 HOUR TIMEFRAMEHey guys, Here is a quick update on BTC in an hourly timeframe. We saw some dump coming in after the weekly close which was above the support level as expected. In this hourly timeframe, BTC made a support level and we can clearly see how perfectly it is bouncing back but will it sustain? Or will it get rejected from the 21 hourly MA which is a good resistance zone for BTC? Chart-wise, BTC looks good but there are so many things happening in the market that it is hard to just rely on the charts. It is for certain that if BTC bounces back from the current level then BTC reaching $31.5k is possible. The rejection or a breakdown below the support level will be dangerous. Trade safe.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
BTC: A PERFECT BOUNCE OR A TRAP???Welcome members to the quick update on BTC. "Many traders are not liking the recent BTC dump. BTC is almost breaking down below the support level but we cannot confirm completely as we still have roughly 19 hours left for the candle to close. This could turn out to be a wick and BTC could bounce back or BTC could dump further down." This is precisely what I wrote in my previous update and it did turn out to be a wick and bounce back. The candle closed precisely at the support level and formed a green candle which is a good thing. We roughly have 4 hours left for the weekly candle to close. It is essential for the candle to close above the support level. If things go well then we will see a perfect bounce soon. If not then it may turn out to be a big trap. What are you thinking about the current BTC price? Share your ideas with me. Do like and follow for more updates. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader