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Btcusdidea

BTCUSD: Bull Trap Pending ⚠️This is my second sell option to join the market. Please look at my related idea below to see my original idea for sells. If price holds and continues to reject this region, I will consider sells into 20k from here. IF price invalidates this sell idea with won't take a trade and we will simply wait for our first idea below to play out. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
37
BTCUSD Analysis/Ideas Check this video about the recent breakout on BTCUSD from the channel and the expected retest to the support level . For a very long time now, BTCUSD has being in a bearish form, precisely in a channel. But from what we are seeing now, the market has broken through the channel and got cleanly rejected at 61.8 fib level. Now, this rejection shows that there will be a retest will likely be on the next support level at 40167.87 which the same level with 200 SMA and 32.8 fib level. This level holds as the major strong support and reversal level. Follow us to get exclusive/ simplified tutorials, ideas and signals
COINBASE:BTCUSDLong
by forexjet_
BTCUSD Analysis/Ideas LongCheck this video about the recent breakout on BTCUSD from the channel and the expected retest to the support level. For a very long time now, BTCUSD has being in a bearish form, precisely in a channel. But from what we are seeing now, the market has broken through the channel and got cleanly rejected at 61.8 fib level. Now, this rejection shows that there will be a retest will likely be on the next support level at 40167.87 which the same level with 200 SMA and 32.8 fib level. This level holds as the major strong support and reversal level. Follow us to get exclusive/ simplified tutorials, ideas and signals
COINBASE:BTCUSDLong
by forexjet_
1
BTCUSD: Feb 3 update & Feb 4th + 5th ProjectionI am an amateur technical analyst. This is not financial advice. You should always do your own research. Consider this post as entertainment. I'm simply sharing what I see in the charts and always welcome collaboration and feedback. Updating my previous post of Feb 3rd. BTCUSD stayed within the fractal and yesterday went the full depth of the fractal bar. So far, the fractal remains intact as the market continues to work within the pattern of the May '21 fractal. Based on the fractal pattern, today and tomorrow should be up days. There's a possibility that we reach as high as 41,250, which is the upper trend line above the pattern, and would be slightly above tomorrow's daily bar. After tomorrow, the pattern indicates a gradual decline until Feb 21st. Feb 21st then offers the opportunity for a reversal and potentially the launch pad for ALT season.
BITSTAMP:BTCUSD
by CryptoWarrior9869
Time to short bitcoin before a massive dump- Weakness so clear to break 40k. - Will visit 33k first or below before any upside move. - Not able to break EMA 100 after testing on 4hr time frame. - Downtrend still valid since 69k peak. - lower highs & higher lows ( 4hr - 1D timeframes) - Stock market is not good and crypto will follow. - Fear & greed index went slightly higher since last massive dump to go down again. - Therefore, ready for a big short. short:✅ 38.5k - 37.7k ✅ 🎯TARGETS: 1- 36,700 2- 35,800 3- 33,000 💵 Leverage: 3x - 5x 🚫Invalidation(SL): 39,480
Short
by BTC-fire
BTC TO CHOOSE A DIRECTION!As I said previously on my idea, btc dropped correctly at the 35-36k level and kept it to bounce back to new highs, However we are still looking at a rising wedge pattern in the 4h chart and coordinated with a strong resistance which indicates reversal point on the daily chart that needs to be broken but it has not been broken in a while. I remain kind of neutral in the market but I expect 2 scenarios playing out. First Scenario- As seen in the chart, I expect Head and shoulders pattern forming, indicating that BTC will probably fall out of the wedge and bounce at 37.1k support up to 38k before falling again to the 35k, which may be a strong area to bounce back and trap the bears not going down. Personally I think this will happen and then we need to watch out the 35k level because if it does not hold, 30k is the target. Second Scenario- Be careful with the breakout! If it breaks the level of 40k, it may be a trap for the bulls as it has happened before and this pattern looks perfect to do that, especially on the daily. Volume is declining and an upward movement could be the perfect trap for the bulls and also shaken the shorts. Trade with SL, trade smart and don't FOMO. If you can not choose a side, better watch firstly.
by UnknownUnicorn17670525
Bitcoin- will it finally break up?As I said yesterday, a sell at 40k is too obvious and as I don't believe in "buy here, is the bottom", some I don't believe in "sell here, is the top". Technically, from the 33k recent low, BtcUsd is trading upwards and is drawing an ascending triangle on our chart and we can clearly see that the dips are bought. A break above 39k should accelerate gaines and the target for the pattern is 44k. To buy on a break can be a good strategy for short term traders
BITSTAMP:BTCUSDLong
by Mihai_Iacob
38