BTCUSDT | Good Buy Opportunity.When it comes to the technical analysis of BTCUSDT, right now price is staying near the previous support zone where price got rejected with good pressure. So there is a good chance the price will get rejected from this area again. So you may go long from here by place the stop just below the previous demand zone and target for T1.
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Btcusdtperpetual
Bitcoin Analysis 19.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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BTC/USDT 1Day - Next Movement ScenarioBTC/USDT 1D CANDLE SCENARIO
My mid-term BTC scenario is here.
For a short - term, BTC will make double bottom formation, When it happens, funding rates will be completely negative, and Fear & Greed will be almost zero (Extreme Fear).
After that happened, BTC will have rebounding technically, regardless of Bearish or Bullish.
Rebounding time will altcoins' finale run, and it will make positive funding rates, and Fear & Greed Index will be Extreme Greedy.
Reversal point that I am predicting is $57k ~ $59k, there are huge selling quantity on $57k ~ $59.
This one down wave will be done when it reach $27k ~ $30k, the weekly demand zone.
BTC stopped at SMA 200 daily and .....BTC stopped at SMA 200 daily, and rebound at fibo 50. and trying to reach fibo 38.6, for another downtrend to fibo 61.8 .
SMA 200 daily is the important level to be watched. if this level breaks down, the downtrend is become confirmed as long as the trend is below the SMA 200.
SMA 200 daily become the strong support also happened when BTC reached 29K.
Watch also the slope of SMA 200, as long the slope is still up, the trend is still bullish.
The low risk for entry is when the slope is flat, and there is a bullish candle coming up.
ReTest Finished. Target 72000-80.000Hedge Fund Manager Long Position ok.
We renewed our positions.
I wish you good luck. Believe in lofty goals, but be careful.
It is not investment advice.
Patience and attention are the most important processes in this business. Selling for free is against our nature.
Our post Retest target has been updated to 100,800.
0.5x
1x
2x
long position ok.
Stoploss -55700
Long Target = 69000$- 72000$ Bitcoin
bitcoin will continue to trend sideways
will continue to record records with altcoins.
Our Main Goal should be to collect bitcoin and ethereum.
this will start the rise of retest altcoins.
I wish everyone good luck. Don't forget to buy stop-loss and tp.
As a result of this rise will come a great fall.
Our retest levels are 42100$-48000$-52000$-56000$.
we have nothing to do with awns. If bad news doesn't come, we'll sail straight to $72000. Of course, we will proceed according to the 4-hour and 12-hour charts. Our joint decision with all fund managers is long.
The next drop will not be a retest. We will see a very steep decline. then we will move up towards $80,000. We're starting off with a $20,000 drop. Let's follow the news.
BTCUSDT 4HCurrently BTC made a new all time time so BTC is making a pullback and retest the trendline. BTC will get a good support near 62000-64000 level. After retesting it BTC will move towards 100k.
If you want to buy BTC in dip then buy around 64300 and add more at 63000 level.
BUY SETUP:
BUY: 63000-64500
SELL: ABOVE 70k
STOP LOSS: 60000
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