Btcusdidea
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis BTC $62200 positive signal and BTC 4 hour update is supporting zone is green line and very inportant supporti is $61600,and resistance $643000 break after new ATH .
Sorry for my English it is not my native languages.
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BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis BTC $63200 positive signal and BTC 4 hour update is supporting zone is green line and very inportant supporti is $62000,and resistance $643000 break after new ATH .
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
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BTC looking bullishIf Bitcoin (BTC) breaks $64,000 again, we could see it rallying all the way to $68,000, potentially creating a new All-Time-High. BTC is testing the resistance right now and moving between a band of $58,000 and $63,000. Overall, sentiments looks pretty bullish for crypto in general. But as usual, diversify your investments into stocks and crypto to hedge your bets. Just 1 month ago, BTC reached $40,000 and it can happen anytime (with any major bearish news) since the crypto market is not fully mature yet (market still pretty volatile).
BTC/USD LONG SETUP(INVERSE H&S PATTERN)Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair continues to establish a series of lower highs following its recent fresh all-time high around the 66950 level, and has recently traded back below the psychologically-important 60000 figure. Despite securing October monthly gains exceeding 40% and lifting its year-to-date gains above 110%, BTC/USD has encountered technical resistance around the 62293.42 and 61406.81 levels, representing the 76.4% and 61.8% retracements of the recent depreciating range from 63726.58 to 57653.88. If BTC/USD finds another bid, additional upside retracement levels include the 63599, 64898, and 65094 areas.
BTC/USD recently tested the 58265 level multiple times, representing a downside price objective related to selling pressure that recently intensified around the 63750 level. Following the pair’s recent gains, downside retracement levels and areas of potential technical support include the 56593, 57627, and 56293 levels. Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 61165.03 and the 100-bar MA (Hourly) at 61177.97.
Technical Support is expected around 53997.15/ 51245.86/ 49022.22 with Stops expected below.
Technical Resistance is expected around 67146.16/ 68515.32/ 69449.40 with Stops expected above.
On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.
Bitcoin- Acceleration after the breakAfter the last spike down under 60k, Bitcoin has recovered quickly and is trading in a tight range since yesterday.
I expect a break of resistance and acceleration afterwords
As I said yesterday, my target is above 70k, and only BtcUsd under 60k would delay this scenario (not change the overall bullish structure)
Bitcoin- Great buying power in 60k zoneAs I said, my target for Btc is above 70k and if we look closely at the price action these last 3 days we can see that dips are clearly bought.
Today we also have a reversal from slightly under 60k and this comes as more confirmation to my bullish outlook.
A break above 62500 should accelerate gains
BTC/USDT 4HOUR UPDATE Welcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis BTC 1day closing and $61300 positive signal and BTC 4 hour update is supporting zone is green line and very inportant supporti is $59000 and resistance $63000 break after new ATH ...
Sorry for my English it is not my native languages.
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BTCUSD SHORT MOVES SELLERS MOVES AFTER BUYERS ARE EXSHAUSTED IN THE MARKET
I believe we all had a wonderful weekend, and as the weekend is almost gone, here are some of my analysis for the bitcoin possible moves for the new month on November
With the help to determining the market speed and trends of the current and next market moves, We use approximately just 4 trend lines to know that,
(1) First of all before the big DIP of bitcoin, we have 3 level - low of 58366.63 were price may drop to as the support before heading up to retest the highest resistance, and also the inner level of liquidity 63613.64 There we will have to wait and see if price and break through and close then retest before continuation DOWN MOVES
(2) Trend movement - Here we have seen that the market is in an up trend but buyers are getting fully exhausted when they get to the next resistance point of price 67619.86, then we may see a big DIP to the down side, we have determined our next speed of price with just 4 trend lines shown in the analysis.
(3) So we have long position and also short position, use good RISK:REWARD management
This are just my own idea of how to execute my trades for the week, not a financial advice on how to go about it!
BTC ANALYSIS FOR POSSBILE BUY POSITIONSGood day fans
I believe we all had a wonderful weekend, and as the weekend is almost gone, here are some of my analysis for the bitcoin possible moves for the new month on November
With the help to determining the market speed and trends of the current and next market moves, We use approximately just 4 trend lines to know that.
(1) First of all before the big DIP of bitcoin, we have 3 level - low of 58366.63 were price may drop to as the support before heading up to retest the highest resistance, and also the inner level of liquidity 63613.64 There we will have to wait and see if price and break through and close then retest before continuation upwards.
(2) Trend movement - Here we have seen that the market is in an up trend but buyers are getting fully exhausted when they get to the next resistance point of price 67619.86, then we may see a big DIP to the down side, we have determined our next speed of price with just 4 trend lines shown in the analysis.
(3) So we have long position and also short position, use good RISK:REWARD management
This are just my own idea of how to execute my trades for the week, not a financial advice on how to go about it!
BTC/USDT 4HOUR UPDATE Welcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC/USDT analysis BTC 1day closing $62900 positive signal and BTC 4 hour update is supporting zone is green line and 100ma,21ma is very inportant support and $63000 resistance break after new ATH...
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Bitcoin- New ATH very soonAfter the false break under 60k and a spike down to 56700, Bitcoin has reversed strongly and has broken above the flag's resistance.
At this moment the price is around 62k and we need a clear break above 63k short-term resistance for continuation to the upside.
The last ATH will not hold as resistance very long in my opinion and I expect the price to pass above 70k very soon
Dips should be bought and only BtcUsd under 60k would delay this scenario
BTC/USDT 4HOUR UPDATEWelcome to this quick btc /usdt analysis.
I have tried my best to bring the best possible outcome in this chart.
BTC/USDT analysis is $61000 100 moving average is very important support and first resistance is $63400
And $63400 resistance break after new ATH
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
BTCUSD - and now what?Morning Traders,
As we can see we have at this time downtrend. 0 is the highest high, 2 is lower high.
There is also formation TL4C. If the price breakup TL1 and candlestick will close above it, then we will have buy signal.
There is resistance level 62000.0. Price just passed 50% of the last swing let’s see if will hold high move.
As a support 61000 level should work. TL2 work as support as well, if the price decided to drop then signal will be when candlestick will close bellow TL2.
But be careful, price may return do TL and then go down.
Momentum is moving sideways and is not strong enough to push price higher.
Let’s wait and see what will happen next.
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cheers,
Jim
BTC/USD LONG SETUP TO NEW ALL TIME HIGHBTC /USD bulls remain focused on upside retracement levels and areas of potential technical resistance including the 67146, 68515, 69449, 71974, and 73245 areas. Following the pair’s recent gains, downside retracement levels and areas of potential technical support include the 63784, 61796, 60189, 58581, 56593, 57627, and 56293 levels. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly).
Price activity is nearest the 50-bar MA (4-hourly) at 62569.78 and the 200-bar MA (Hourly) at 62564.27.
Technical Support is expected around 58000/ 56800/ 55500/ 53997.15/ 51245.86/ 49022.22 with Stops expected below.
Technical Resistance is expected around 59500/ 63000/ 65000/ 67146.16/ 68515.32/ 69449. 40 with Stops expected above.
On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.
On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
BTC/USDTBTC make a H&S pattern on 4H and now breakout to downside measure is approximately 10% to red line /support.. but there is also a golden pocket like potencial support also.. and we se now is making potencial bull flag pattern where can be successful because RSI and Stoch are in oversold area.. lets see how 4h close.. cheers
BTC/USDT 4HOUR UPDATE Welcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Btc/usdt analysis is this tradline is very important and last two time is bounce this tradline and support level $59800
And resistance $62080
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...