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Btcusdidea

PLACE YOUR BETS ON $36,000It is no news that BITCOIN continues to decline from its ATH. We will continue making lower lows and lower highs until the main trend changes. Last week, I made a call to $40,000. You can see the call here - We got to $40,000, took profits and the market dumped hard. Now, Here is another one we recently tapped $34,300. I am expecting a build up, confirmation and run to $36,000 soon. Our take profit 1 would be $35,000, take profit 2 @ $35,400 and final take profit @ $36k. As we get the Take profit levels, we will monitor price action closely to determine the market direction from that point as we know the bears may still be lurking around those areas. Don't forget to like and follow for more trading updates and free signals. I wish us a successful trading week ahead. #$KC #Meekhill #Meekhillacademy #RICHMMDT
Long
by RICHMMDT
BTC The Past Present and FutureIn my previous articles, I pointed out the current status of BTC. I expect an apology from those who insulted me for saying that BTC will fall in my previous analysis :).. I think the current chart is trying to complete the head and shoulder pattern. When we look at the past accumulation regions, we can see that the previous picture is similar to this one. According to this chart, it suggests that the price may decline to an average of 33K - 28K levels. When we look at the weekly time frame, if the pattern we see is a harmonic pattern, we cannot expect the prices to rise before the fib of leg D falls to the 1.24 level. But I must say that I don't believe what I'm saying myself. So I don't think the price can go down to these levels. But if the price hangs around here, we can summarize the support zones that may occur as follows; When we projection with Schiff and Fan, we can say that the intersection of schiff and fann is a strong support. Especially the schiffin, which crosses the gann fan's 8/1 and 4/1 twice, may indicate that there may be strong support for the current price, although there is no accumulation in these regions. I marked these regions with red dots. Based on all these assumptions, I expect the price to decline to the region indicated by the green box in the chart below. I don't believe it will go any lower. I also indicated the price resistances that may occur when there is an upward trend in the future with the Fibonacci channel. Of course, these are all assumptions and calculations based on the probability of repeating past data. However, I think that the price may definitely encounter a reaction at these levels in up or down movements. When we look at BTC dominance, we can see that it is in the triangle range. In order for this triangle to be completed, I think the chart data should go down and regress to the 39 levels of dominance. If we make a measurement with technical indicators, we can say that this level will go down even more. When we measure it with Fibonacci, we see that the earliest stop point is 36. But the good news is that there is a bullish formation in graphic. When BTC completes the dominance pattern, a harmonic pattern in favor of the bull emerges. This will quickly increase the dominance to 55 . When everything in the world and in nature comes to the highest or lowest level, it definitely turns upside down. That is, the highest one begins to descend, the lowest one begins to rise. It's like the law of physics. This never changes.. Nothing stays always down or always up. We can see this when we look at the BTC fear index. If we talk about indicators; Considering that rsi graph data is a reflection frequency, we can use rsi not only with numerical measurements but also with graph measurements. I know it sounds silly, let's look at the graph. I think there is a shark pattern on the rsi in the chart above. I know that graphic analysis will not be done on the indicators, but I would like to share it with you because it works for me most of the time. According to the theoretical knowledge, this harmonic pattern should reduce the data numerically. If this is a shark pattern as I thought, the rsi value should regress up to 10 . If we compare this with the real price chart, we can think that prices can decrease up to 30K levels on average. We can see the power of the sellers on the aroon indicator in the daily time frame. We see that the trend in the adx indicator is strong and the levels of the adx should regress in order to start an upward movement again. but this way it can point to new trend. Cmf is my favorite indicator. It never surprises. It can even eliminate manipulated movements. It's like a graph filtering indicator for me. So I see that despite such a strong price drop, it still does not produce a strong signal. In order to say that the prices will definitely go up, the cmf must go down to -20 and below. Currently at -5 levels. Momentum indicator shows -3100. This value definitely indicates an upward reversal. But according to an algorithm that I have formulated using the data of all of them together with other indicators, the value of momentum indicator for upturn does not reflect the truth yet. In the algorithm I formulated, the ratio of the momentum indicator to the other indicators has always changed direction. However, although the value of the momentum indicator is very high, its proportioning with other indicators does not give the return score. As a result of the prolonged decline of BTC, I think the data of this indicator is bottom. To summarize briefly; I expect the BTC price to be in the 24K to 30K range. After returning from these price levels, I think that a long-term rise is certain. NOTE: This is not investment advice.
by CryptoBrainn
Trading Signal For BTCUSDT Bitcoin Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin . Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 37342.00 ⭕️SL @ 36263.00 🔵TP1 @ 39570.00 🔵TP2 @ 42218.00 🔵TP3 @ 47454.00 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
3
BTCUSDBTC/USD may be about to open its May trading below the 40,000.00 mark. Even if a sudden spurt upwards develops it will have to be strong to create a positive short term outlook for Bitcoin. The biggest and most famous cryptocurrency among the heap still remains ‘champion’, but a return to its bearish trend has likely caused some speculative fatigue among BTC/USD traders. BTC/USD has stumbled badly in April after beginning the month near a value of 47,400.00. The broad cryptocurrency market has also been overtaken by dark shadows again, and a correlation between the likes of Bitcoin and negative results in the NASDAQ 100 are being seriously discussed, even though they are not proven. Riskier trading assets have certainly seen less speculative buying the past month. The question is when a return of risk appetite, and perhaps even value seekers will start to create upwards momentum. As of this writing BTC/USD is near the 39,500.00 level and has proven choppy the past few days. A low of nearly 37,660.00 was displayed on the 26th and 27th of April and the last time this value was exhibited was on the 13th of March, yes, essentially when Bitcoin began its two week upwards climb. The high price reached on the 28th of March which drove past the 48,000.00 barrier, led many backers of BTC/USD to potentially believe sunnier days were ahead and the long term bearish trend was dead. This however did not prove to be reality. Although Bitcoin remains the key asset in the cryptocurrency market it remains under pressure. If the 38,000.00 mark were to prove vulnerable in the short term, this could set off additional fireworks which may ignite further nervous sentiment. The correlation to Bitcoin and the NASDAQ may appear farfetched to many, but a comparison of one year technical charts between BTC/USD and the NASDAQ 100 look eerily similar. Bitcoin may not be believed as a cornerstone of the financial world by conservative financial institutions or investors, but its trading has mirrored nervousness in the global equity market. The next week of trading is sure to be rather tension packed as investors await the next U.S Federal Reserve interest rate pronouncements. Will BTC/USD be affected? BTC/USD Outlook for May: Speculative price range for BTC/USD is 32,100.00 to 50,900.00. If a speculator wants to pursue more downside price action they should be fully aware that BTC/USD is near important support levels. However, if BTC/USD breaks below the 39,000.00 level and sustains price action below this juncture without technical signals that a reversal is about to occur, further downside could be tested. The 38,500.00 level could be viewed with dangerous suspicion. BTC/USD has proven in the recent past to stage reversals upwards, when the 38,500.00 vicinity comes into view. Yet, if BTC/USD proves vulnerable and the 38,000.00 mark were to falter, this would certainly set off alarm bells among speculators who may believe lower price action is going to be seen short term. If March lows are broken and the 37,000.00 support level failed, a test of late February prices could be seen. Speculators who believe BTC/USD will live up to its reputation and provide a strong reversal higher cannot be blamed. However day trading BTC/USD and holding onto Bitcoin as a long term investment are different. Day traders need to choose their leverage and targets carefully. BTC/USD could certainly start to launch upwards and if the 40,000.00 mark is penetrated higher and prices are sustained and a move towards 41,000.00 suddenly erupts, other buyers will be tempted to join the party. A move above the 43,500.00 juncture and a test of 44,000.00 could create additional optimism. BTC/USD can move fast and speculators who are willing to bet on upside may be proven correct, but being able to participate in a real upwards trade instead of merely predicting the move are two distinct beasts.
BITSTAMP:BTCUSD
by SmoothJB
BTC UPDATE: IS THIS A RETEST???Welcome amazing traders. This BTC update is in a shorter timeframe of 1 hour. First of all, if you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market. In the last 24 hours, we saw some greens on BTC but soon it dropped back to the level it was before. We have been using a higher timeframe to view the market and we don't see any drastic changes. Coming into a shorter timeframe like 1 hour, we can see some good changes. Currently, as you can see that BTC broke out of the upper trendline and dropped back. In trading lingos, we called it a 'Retest' and after every breakout and retest, if we have a bounce-back then it most likely confirms a bullish move. At present, BTC is trying to make a bullish move. Also, BTC has formed a rising wedge pattern and it is holding support at $39.4k. Now, we have a Goliath to face before going any further and that is the 21 MA acting as resistance which is at the $39.7k level. If the bounce is confirmed and BTC breaks above the 21 MA then we can expect a higher rally in the market. All this will turn into a false hope or get invalidated if BTC breaks down below the $39k support level (in an LTF). If you wish to trade on BTC then you can enter at CMP and keep your SL below $39k. That's all from my end. If you have any doubts or want to share your ideas then feel free to write them down in the comment box. Thank you.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
8
Bitcoin- 30k is my target for nowOn Monday I said that "Bitcoin is drawing a nasty picture" and after a short-lived recovery above 40k figure, yesterday the price has dropped hard to the 38k zone, putting a bearish engulfing on our daily chart, which for me is a clear indication for downwards continuation. At this moment the bearish flag that I've spoken above last week is broken to the downside and we can expect continuation. My target for short trades is 30k and only BTCUSD back above 43k would change my perspective.
BITSTAMP:BTCUSDShort
by Mihai_Iacob
5
BTC possible scenariosThe second support hit was successful and the orders at 38,500 were swept away by momentum. Waiting for the final with a trip to 36,500. Perhaps it will be through a local rebound, let's see, now there is too little positive in the markets. Judging strictly by the charts, almost all indices except the dollar index now have "problems". For example, the S&P 500 has corrected decently and is trying to show growth, but if there is another wave down with new lows, then the bulls will be cooled down for the next month or even more.
GEMINI:BTCUSDShort
by smokeNplay
1
Trading Signal For BTCUSDT BitcoinTrading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin. Traders can open their Buy Trades NOW Rank : ⭐️ ⬆️Buy now or Buy on 38026.00 ⭕️SL @ 36987.00 🔵TP1 @ 40745.00 🔵TP2 @ 42908.00 🔵TP3 @ 47370.00 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
5