#BTC/USDT LTF UpdateWelcome to this quick update on BITCOIN.
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Let's get to the chart!
BTC has broken the rising channel.
Expecting a pullback around the FOMC meetings.
Not a good idea to hold positions in such doubt.
I have shown the likely scenario in the chart, please observe.
It will be volatile, this bounce will give us some good opportunities to position ourselves in BTC and Alts.
MY PLAN:- The plan is to avoid the FOMO and enter the red market, possibly Tuesday and Wednesday.
I will post more trade setups in the next few days SO FOLLOW ME IF YOU HAVEN'T YET!
Disclaimer:- This is not financial advice Do your own research.
If you like this chart, hit the like button and share your views in the comment section.
Thank you
#PEACE
Btcusdlong
BTCUSD Rally Coming UpHey trader, I hope you having a profitable week.
As you can see the price is currently running in the double bottoms L1 and above the 50 and 8 MAs. It is getting ready to continue to rally for the double bottoms L2 and L3. But it will confirm that once the price has closed with a bullish candle.
This signal isn't derived from the daily timeframe only but from the weekly and monthly timeframes. The price closed with a bullish reversal candle pattern in the monthly double top accumulation phase, facing the 50 and 8 MAs that expect retests. Then on the weekly, the price formed a double bottom that has its current price running/retesting above the neckline and in between the short-term MAs, getting ready to rally for its 3-level uptrend.
So basically all the timeframes are looking to push the price up. However, that might not happen. With that in mind, do not take the trade because this isn't financial advice. I'm just sharing my thoughts with you. If you decide to take the trade and lose, don't blame me but yourself.
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
Long term #Bitcoin forecast - April 2023Hello dear friends. How are you?
There are many forecasts, both downward and upward, these days. However, it is useful to put our hat on and think again. Do you really believe it will rise? Or is this a wish?
I want to show you what kind of price action I predict for the next 6 months.
Take care of yourself and stay away from traps.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Bitcoin has formed a bearish triangle pattern and found support at the lower boundary near the $18K range until it recently broke above the triangle.
Typically, a breakout from the upper edge of a bearish triangle is considered a bullish signal for the price. However, the market conditions are slightly different now, with some significant resistance levels over the near term.
The 100-day moving average of $20.8K is the main barrier for Bitcoin, as the price is struggling to hold above this level after a few failed attempts.
Optimism will likely return to the market if the price successfully exceeds this level. Nevertheless, there is a higher chance that Bitcoin will get rejected at this level and plummet based on the lower timeframe price action.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
BTCUSDT neutral bias-BTC is not yet making major bullish characteristics but we can go bullish on lower timeframes
- Right now, I am looking for break and retest on 4H resistance (20920) to go BULLISH. Targets are 21750 and 22500
- If Bearish, I am looking for the price to break below 20320 and retest. Targets are 19300 and 18620
BTCUSDT LONGFor the past few days, this pair has been forming a falling channel, which might be a strong indication that there is a potential strong bullish movement.
If the price breaks out of the channel and retests the upper trendline & close above the 75 EMA, then I will enter my trade at $19200.
My Stop Loss is at $18920, My Tp 1 at 19480, Tp2 at $19760 and TP3 at $20400, near the next resistance zone( which is the upper zone of the ranging market).
So my R:R is 1:3
Remember, risk 1-2% of your account
Possible Wave 4 correction done, Wave 5 now for BTCThe target zone all depends on what BTC decides to do here, we can still correct lower to the $19.95k range, but means that the bounce will be higher.
Wave 5 would be the 1.618 retrace of wave 4 which bring us to around $21.65k which imo there is a lot of liquidity to be tested there.
RSI on the 1hr also is at lows, once it bounces and breaks the resistance trend line, expect moves higher.
SELL House & BUY Bitcoin Now 🔥🔥🔥🔥🔥Hello Traders,
frm last few weeks we are seeing significant drop in dollar index and overall global markets are immediately recovering.
This is the perfect time to buy bitcoin, crypto market has already dumped 90-95% and i dont expect any major downfall frm here, if there was downfall to happen it must be happened 3 months ago bt btc sustained well and went in a strong accumulation. now we are seeing hard reversal in top crypto coins which is indicating in December 2022 we are going to see good rally upside.
Bitcoin Halving:
BTC halving is one of the biggest event happens every 4years, next halving will be occurred on 16 April 2024. Just 535 days are remaining before tht we are going to see huge liquidity in the market and global acceptance for crypto. mark my words btc is going to test 100000 USD before halving event.
always have a longterm vision for btc it will never disappoint u.
just waaana say BUY BTC thts yet.....
📉✌BTC 1H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis (linked below).
💥A quick long position can have a good chance of winning.
between now and the yellow area, you can open a long position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5 ---> Long position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
BTCUSDT 4H📌According to the previous analysis, it broke its trend line and reached the resistance of 20,770 to 20,500 (blue box) and had a return of 4%.
📍Now, according to the movement of the wave, we can experience an upward movement and follow the targets of 21886, 22800, 23582 and 25211 (green dashed lines).
❌Note that our main context trend is bearish
LOOK AT BITCOIN NOWWe will see BTC reach as low as tp1 at fibo 1 , then wave C = A
The higher expectations in tp2 and tp3 will depend on how much % you close the order, but I will be methodical and have good psychology