Btcusdshort
BTC/USD : Rising Wedge identified on 4-hour timeframeRising wedge identified on 4 hour time frame. Bearish divergences on different timeframes seen. I will be looking for a sweet short from here, technical target for rising wedge is $24,688. However in my opinion we will test the $20-22k area before further upside. BTC had a crazy run last few days, a good correction is due indeed. Not a financial advice. BTC wrecking TAs recently. Manage the risk accordingly !
BTCUSD First time paying more attention to bitcoin and trading as been quite profitable hopefully we get good confirmation for the sell
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BTC/USDT Weekly Timeframe Analysis
Hi Dears
Today let's analyze the bitcoin chart by RTM Method and in the weekly timeframe .
If you look carefully to this chart, you can see the resistance level (SR Line) at around 28800 that the price pulled back to it twice (Jan 2021 and June 2021) . This level was broken on 9 May 2022 and the price failed to return to its uptrend so the bear FTR strategy is made. The green Pin bar that is closed on 30 May is our FTR Zone that the price has not pulled back to it yet. This zone is the range between 29200 to 32200 dollar. The price is reaching to that zone so we expect a bearish reaction when it reached. This is a key level for making short position.
Also we have another SR LINE at the level of the 25100 that the price engulfed it on 13 Feb 2023 and it made a bullish FTR on the zone between 19600 to 21200. This is a key level for making long positions.
Don't forget to take a trigger when the price reached to that zone and then TRADE it. you shouldn't do anything without trigger.
Sincerely
Hosein Poursaei
Bitcoin rally to stall at trend of higher highs?Bitcoin - 24h expiry - We look to Sell at 25987 (stop at 26862)
We are trading at overbought extremes.
We look for a temporary move higher.
The trend of higher highs is located at 26000.
Preferred trade is to sell into rallies.
The medium term bias is neutral.
Our profit targets will be 23987 and 23687
Resistance: 24872 / 25200 / 26000
Support: 24000 / 23500 / 23000
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#BTC/USDT 100% Accurate predictions. Next Update here.All of our last 7 Bitcoin updates have been spot on.
I don't make predictions but all of my calls have been dead accurate since the beginning of 2023.
So follow me, soon I will start posting altcoins.
BTC broke and close above the 21MA (blue)
This is good news for the bulls.
However, expect $22800 to be tested soonish.
We need healthy retracements for a healthy rally.
Invalidation:- Close below $21470
So far, we can expect a little retracement (That doesn't mean it's a short call).
A close above $25200 will possibly open a door for $30,000 in the Second quarter of 2023.
So yes, you need to be careful here but $25200 is the key level.
Remember, a profitable trader waits for the right time to enter any trade.
Patience is always rewarded.
Do hit the like button if you like my charts and follow me on all platforms to avoid missing my updates.
Cheers
Thank you
BTCUSDT -BTCUSDPERP - SELL - BEARISHbtcusdt is expected to fall from the exact area but could also spike up to the 25000 area and then fall heavily towards 11000$ so stay alert
always use confirmation and always use stop loss.
dont rely on me as i am not your paid investment consultant!
bitcoin analysis - crypto analysis!
Short BTC vs USDThere is no doubt here, BTCUSDT had a great run from the begining of the year but the indicator are showing the end of this Bear Market Rally is near.
Been posting short setups beacause I believe this is the end of the Bear Market Rally and not the start of the new Bull Market as many infulencers are saying.
If we get a squeeze to $25300 or above with a SFP, that will be my trigger to short all crypto markets not just the ones that I posted.
3D chart is showing a clear bearish divergence with overboughtRSI and the Stoch RSI is breaking down from overbought.
Many are blinded with gains after their drowdown from the 2022 and won't take profits here. Just the opposite, many think the bottom is in and they are leveraging in big time.
As usual, most will feel the pain of this Bear Market, again, as they buy the dip to the new lows.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
Godspeed.
bearish market come to endafter BTC bulls have successfully defended the 20k support level and bounce back.
Bulls also breakout the 200EMA resistance on the daily chart and be so close of the neckline level
on the chart u can see the most possible scenario from my vision... let me know your opinion in the comments
i see btc may visit the 22k level again before another bullish and it will a good chance to buy there
i see bulls have to breakout the 25k crucial resistance which located on the neckline of H&S pattern and if this happen it would reach the 30k level
thanks for your support... hope you are enjoy with trading