btc try some risky long Situation is not very clear but still im in favour of long now I see some significant inflows to exchnages so someone will be selling good chunk of BTC now around 6000BTC
its still less as 2 days ago outflow at 24000 so I expect some down move to 40770 which is support and last fib uptrend line from recent uptrend
if you really want as last chance we can try 39650 few days ago there was strong bounce from this level and it was also spetember low after which we had mega nice bull run
so 2 entries 40700 39650 SL 500usd TP at 43900 when reach 43900 close half trade and rest trailing with 2000usd SL
its always good to react and update based on situation
Btcusdidea
Bitcoin- New leg up coming?As I said yesterday, although we are in a downtrend since November's top, at this moment Bitcoin can take a pause and correct some of the drop.
Also, I've mentioned 42500 as a support zone and that the cryptocurrency needs to stay above this zone in order to maintain this scenario intact.
At this moment we are exactly in this support and there is a high probability for a new leg up that can reach the former support now resistance at 46k
A buy here can also have a very good R:R, while a daily close under 42k would signal that the correction is over.
BTCUSD Ascending Channel Pattern#BTCUSD Hello trader, I hope are good and safe. Today I opened the chart of #BTCUSD for 1 Hour and analyzed it then I see that this chart has made a ASCENDING CHANNEL PATTERN, So I hope #BTCUDT will go downside,
If the market does not break support & resistance line then the market will go up.
Now Nice opportunity for short& long..
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
Bitcoin- Bulls need to maintain 42500 intactAlthough I'm holding a buy position at this moment on BtcUsd, one thing is clear in my mind, I speculate on a correction to the overall trend, which is down.
Yesterday, as expected, Bitcoin has broken above 42500 resistance and looks like it wants to challenge 46k important one.
As long as 42500 is intact I will maintain my bullish bias and speculators can search to buy on weakness.
On the other hand, a daily close under 42500 zone will signal that the correction is over and Bitcoin can dive even under 40k this time
BTC to 52K in 20 DAYZ!!!!!!!!!!!!!!Well some chart here some chart there , the risk reward looks pretty good to hit it so lets see how it pans out!
and on TODAY's NEWS
FED'S POWELL: STABLECOINS COULD CO-EXIST WITH A CENTRAL BANK DIGITAL CURRENCY that's bullish for crypto and also I think there is plenty of volume..
Bitcoin- Correction time?In yesterday's comment, I said that the selling pressure for Bitcoin evaporated and a relief rally could follow.
At this moment this scenario is more and more probable with the cryptocurrency breaking above the last range's resistance.
For continuation, bulls need the price above 43k and in this instance, the read is pretty clear to 46k strong resistance.
Bitcoin back in the previous range would delay this scenario and a negation comes if we have a break under 40k.
I'm bullish for now.
BITCOIN - BTC/USD - CHART ANALYSISBTC Looks Strong Bearish.
Right Now Price is at Demand Zone. But This DZ is looking Weak Now.
Although Market did BOS to downside.
Below are also some Supply Zone that still need to Mitigated.
I mentioned 2 Directional Arrows Movement.
You can easily understand what's my point of view.
Please mentioned what you are thinking about this.
Thanks.
Bitcoin Cryptocurrency 4H ForecastBitcoin (BTCUSD)-
BTCUSD has formed a double bottom around $39500 and shown a minor pullback. The pair has regained above $40000 after a sell-off of nearly $30000. It hits a low of $39558 at the time of writing and is currently trading around $41460.
CCI (50) below zero line and Woodies CCI- above zero line in the 4-hour chart.
DISCLAIMER: ((trade based on your own decision ))
<>
Bitcoin- Respiro moment for bears?Since Friday's last week's low, Bitcoin is trading in a range, and neither bulls nor bears managed to take control.
However, yesterday's spike and strong reversal from under 40.500 can be an indication that a short squeeze could follow soon.
I will look to buy dips against yesterday's low and if BtcUsd manages to break above 42.500 I expect acceleration to the upside.
My target for this correction is 46k zone
BTCUSD Ascending Triangle Pattern#BTCUSD Hello trader, I hope are good and safe. Today I opened the chart of #BTCUSD for 15 Min and analyzed it then I see that this chart has made a #AESCENDING TRAINGLE, So I hope BTCUSD will go up,
When price retest the resistance line then Nice opportunity for Buying.
If you have any query then leave a COMMENRT, LIKE & FOLLOW.
Keep Supporting And Thank You..
BTC HAVE BIG GOALS AT 100KHi all,
BTC = 100K
There have been a lot of changes in the past two weeks, the Crypto market has also received a lot of good news
recently, combined with OnChain analysis and market techniques including " Market Cap ", I think a Another
big wave is coming to the Crypto market in general, BTC has confirmed a " Cup And Handle " pattern
and is fighting the last resistance levels above.
The two directions I suggest for BTC are two different ways at the resistance area but in general the end target is
still the 100k area, the most necessary thing to be more certain now is to have good news such as some
large fund suddenly buying Bitcoin and then suddenly the volume appears.
Overall I quite agree with the market will continue to increase until the end of January 2022, maybe the market will
change direction if the Fed's financial tightening measures are introduced.
This is a very strange time in general, this has been a rather turbulent market in the nearly decade I have been
involved in investing.
I will try to update this case regularly even though my work is overwhelming, thank to reading me...
BTCUSDBitcoin fell again last week for the second consecutive week, finally breaking below the key support level at $42,651 which now looks like it has flipped cleanly to become new resistance. Bitcoin has just made its lowest weekly close since July 2021. These are clearly bearish signs, but I see the nearest support level at $38,728 as likely to be very important. If this support level breaks down, I can see the price continuing lower to reach the base at about $32k which was formed last summer.
If we get a bullish daily candlestick bouncing off $38,728 that could be a long-shot long trade entry with a good potential reward to risk ratio. Alternatively, a daily close in BTC/USD below $38,728 could be a good short trade entry signal targeting $32k.
BTCUSD: 30K Here We Come ⬇️After the false breakout trapped buyers, the true move was shown.
Price is treading to the downside creating liquidity whilst bears enter.
Now we have swept the low, we can expect some retracements to fill imbalances and liquidity points before shooting lower.
I have illustrated what I would like to see before I join the sellers down into the equal lows.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER :
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
BTCUSD - in very narrow corection and...Morning Traders,
I had mark entry after price break support on 45703.50 and close first candle bellow that support. At this time giving profit of 2700$. not to bad. If you open short position wait for price responds.
OK, lets talk about current situation.
Price is in very narrow correction. Most of the time narrow correction means price will explode either direction. At this time we do not know direction price will go. Momentum is in neutral zone then we can not open any positions. Also price touch bottom of channel.
I think you know what is that means. There is a chance that price will move higher. At this time price is trap between 42263 and 41312.
Again vertical red lines reflects in the FUTURE change direction. There is also support on 40467.
Any candle breaking narrow correction and closing with significant length will be signal to open position one of the directions.
You can always change to lower time frame to get better entry.
DON'T FORGET TO LIKE THIS ANALYSIS.
cheers,
Jim
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT , IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
BTC CONTINUES TO FALL!BTC breaks the support around 45877 zone area and will continue its downtrend movement to make its completion of valleys. Short positions is possible around the support area after the retracement to complete the 2nd lower lows of the structure. Confirmation on price action is needed to make these entries. #DYOR #TYOR
More pain or maxxed pain? BTCAnyone else selling??? Onchain analysis tells us that retail is done selling but they are not buying at these levels either. Does this mean upside or downside? All in all the cycle is not complete for BTC, this is merely a consolidation in the larger scheme of things, I expect to see risk on rise again when the fed is done tapering. This will be one last move up before we see a decade of deflationary pressure.
BITCOIN(BTC) 4H NEAR FUTIRE PREDICTIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have Downtrend in red color (Long Term)
We have 1 Uptrend in green color (Internal Uptrend currently testing to break)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Sorry I did not post lately since I had covid
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management