Btcusdidea
BTC: A SECOND CHANCE TO BUY BACK BEFORE THE RALLY OR A BIG DUMP?Hey guys, I hope you all are doing great. Here's a quick update on BTC and the market.
BTC is back in the support level after getting rejected from resistance level 1. Can we consider this as a second chance to buy BTC at the bottom before the higher rally? Well, for this we need to look for confirmation and that would be a bounce back from the current support level.
I am accumulating BTC at this level and will accumulate up to $37.7k. If BTC breaks down and closes below that level then I will exit all my positions. Looks like this coming week will be good for BTC and other altcoins. The only level we need to keep an eye on will be the present support level at $39k.
BTCUSD- Moving down hillHello Traders,
There is support on 39500 level. If current candle will be close above or bellow this level, we will have movements of the price. But likely price will continue to drop. For more precise entry change TF to lose one. Upper side is “protected” with trend line - breaking trough the TL will be the signal to open long position. Vertical line indicates change direction of the momentum.
Cheers,
Jim
BTC making butterfly harmonic $57,329Price action is developing a harmonic 🦋 Target of this is $57,329. Invalidation of this harmonic will be price going below $38k level or consolidating for a longer period of time. Although it looks we will touch $44k level and pull back but sometimes you cannot anticipate the movement of BTC and it surprises you.
BTC/USD New Long Setup To Get At Least 500 Pips For Free !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Bitcoin- Still inside a bearish flagIn my last Bitcoin analysis, I draw attention to 40k important support and as we can see, after a short-lived dip under this figure, Bitcoin has rebounded.
However, this rise, in my opinion, should not give high hopes, the overall structure remaining strongly bearish.
I will remain on the sideline for not and wait for more clarification, but my bias for the BTC and the crypto market, in general, remains bearish
#BTCUSDT broke above $40.8k, Next move?...The previous idea still on track.
New lower low below $39.2k ✅
Bullish divergence in HTF and LTF ✅
Retest in LTF :- ❎ (This is why we can expect a little pullback in LTF around the mid $40ks )
So eventually the chart remains the same.
BTC is likely to hit the $43.5k+ level.
The little pullbacks will merely be some good buying opportunity.
So, keep an eye on it.
Let me know what you think.
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#PEACE
BTC update (Bullish divergence on 4h/6h)We have regular bullish divergence on 4H and 6H on RSI as well as MOM oscillator
Furthermore if we look at 8H chart we have same divergences being made but confirmation will be done on candle closure.
So if these play out then likely we will see price to make an attempt at $40500 resistance.
We are in a bearish trend so all of these small pumps will be short-lived as they are bull trap.
Bitcoin – $37k very soon! BTC/USDBitcoin – $37k very soon! BTC/USD
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BTC bullish divergence on 2D and 3DFirstly we look at 2D chart and we see hidden bullish divergence on RSI which means that the price is making higher lows and oscillator is making lower lows, We take this signal as a potential bounce in coming days.
Now let us look at 3D chart, Again we see hidden bullish divergence on 2 oscillators which are CCI and CMF. Again this is another strong signal that bullish momentum will resume from here.
Market has never been this confusing as now. Charts and on-chain data shows that we are ready for a massive bull trend whereas macro economic factors suggests otherwise so this could possibly be a bull trap. Let us wait for weekly closure and then will further update.
BTC is eager to touch $37k againHey traders,
Whether you're team bull or bear, you have to admit that both $50k and $30k is possible at the moment.
However, $37k level is very relevant and an important POC (point of control) for price.
If BTC must go up from here to $50k+, it might have to gather momentum at $37k level.
Support at $37k must hold to prevent price slippering to $33k.
In my opinion, $37k is imminent.
So, take a short to $37k.
Do have profitable trades!.
BTCUSD For the BullsAs time ticks, price is written
Lazy authors are pretty prevalent, including those that write this price action (even if it is a bot)
Patterns reappear, structures can be compared, hope is rebuilt and destroyed
I believe we are in a prolonged bull market which lately has seen small downsides, patience pays in this market using the past as a reference (if i can)
Stay strong, Hodl strong