Bitcoin +5% profit from our analysisHello traders
Bitcoin buy trade makes 5% profit
We shared our expectations about Bitcoin that there is a possibility of its rise near the level of 19 thousand, and accordingly we bought Bitcoin from the order block responsible for making a change in the structure and we shared an update by placing a stop loss at the entry point when it reached the supply area, and here Bitcoin makes profits for us
Congratulations to us and to all the beneficiaries of our analysis
previous posts:
Btcusdlong
Financial Wave. BTC m15BTCUSDT, 15min
Our preferred scenario in Bitcoin was confirmed by a rise towards $18,000. A continuation of the uptrend is the most likely scenario for BTC. A rise in wave 3 could lead the price of Bitcoin to the next target of $18,800. Our variant allows for a corrective fall to $17,500, a fall below $17,100 will change the wave structure and our priority scenario.
BTC Breaks Downward Resistance from ATHIf we view the all time chart on three separate time frames - Monthly, Daily, 4H, we can see that we have broken ATH all the way up to the 3D chart. Weekly and Monthly confirmations coming soon I suspect. To expect Bitcoin to drop further below from this channel into the "Birth Channel", we could see it in 13k's. This channel has only existed in a period once prior, however - before institutional capital started flowing into Bitcoin. To see BTC price go yet even lower than the "Birth Channel" is to expect Bitcoin to drop to a price channel where the only people using it were supernerds, stoners, and their dealers.
You tell me if that is reasonable or not. In my humble opinion: bottom is in, yall.
This is not financial advice.
BITCOIN 1h Update 10 December 2022Good day! Artem here with analysis update on Bitcoin at 1 hour TF. Here are my predictions for the price movement in the following week:
Today, BTCUSD is most likely going to move in a sideways motion about $17000-17140. Expecting an upward breakout on Monday, December 11 with a conservative target near $17400–17500.
Notice my stop loss on the chart. I consider this as a bearish takeover point.
Bitcoin Bounced As Predicted! What's Next?From our previous idea, we can see that Bitcoin played out perfectly :)
BTC bounced off of our upwards channel and continued to the 200 EMA (as we previously predicted). Now I'm watching to see if it can break above that 200 EMA (17,300 level). If not, then I'm looking to retest the bottom of the channel again (16,800).
If Bitcoin does break the 200 EMA then I'm looking for it to touch the 17, 640 level (major resistance).
If you enjoyed my TA, please leave a comment or send me a PM :)
BTC ANALYSIS#BTC UPDATE.
#BTC has bounced back from the lower band which is support for BTC on 4H TF and currently btc is trading on the daily resistance .On closing above the daily resistance the long might open but we will have to wait for the daily close.
BTC 1H GOOD Pump RDY ?Yes, we were waiting for this pump. The Bitcoin pump will take the price of Bitcoin to 18166 thousand dollars, dear friends, so please pay attention to this point. If you want to go long, now is the best opportunity and do your shorts in the designated target. Good luck, my friend. You are Manouchehr Azar from Iran
Today's tip in local time will be the meeting about the US inflation rate and unemployment, the result will be in favor of the financial markets and will pump Bitcoin.
BTCUSD breaking out RIGHT NOWBTCUSD seems to be continuing its short-term bullish momentum.
What we can see on 1h time-frame is a breakout of the bull flag formation with a target somewhere between $18000 -$18350 which would be a great area to flip short as well.
As the breakout is just happening now, you still have time to take a long position.
Stop loss: below or at 16850$
Target for longs: between $18000 -$18350