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Btcusdtshort

BTC best position to GO UP!!!Hello guys, You see last fall's fib channel and uptrend channel after that fall. 37435 was the deep of the uptrend's bottom support level. Here comes the questions: Are we certainly going top to 50k level or What we need to go??? We have to wait for a 4 hour rejection candle from bottom. A doji candle and a full green candle to more than 38200s would be great to see it. Every indicator shows these prices as buyable. Rsi keeps making divergences, ToneDemark is at "setup end" for 2 hours chart. "IF NOT" I really dont want to talk about this situation for all of us's sake but in that story btc would drop 34200 so fast. Consolidate that area and would fall to 28k and 24k after that. Please comment if you think as well or not.
Long
by techtasys
BTC ranges from $ 38-40 thousandHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price moves in the uptrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,778, if the support breaks down, the next ones are $ 37,152 and $ 36,283. Now let's move from the resistance line as you can see the first resistance is $ 38,393, if you can break it the next resistance will be $ 38,716 and $ 39,863 plus $ 40,349. Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used, while the MACD indicator shows a temporary downtrend as the blue line crossed the red from above and is still below it.
by cryptodailyuk
#BTC UPDATE monitor this price range each and every time the price of bitcoin has tried to break out of the previous support line the previous support line has always rejected the price and after that we have seen a price reiteration what I mean by that the line which previously acted at the support acted at the resistance and after that we saw this bigger price retracement again and this exact scenario is also unfolding right now in price action a bitcoin the line which previously acted as a support is rejecting the price at this current stage around 39000 price area not just only not just only this previous temporary support line what we can also do is add this falling trend line tried to break out of this falling trend line we got a rejection and now if you would add another falling trend line to the downside then you can see the price of bitcoin is forming this broadening wedge considered as a bully scenario but for that to happen here in the short term we have to overcome this obstacle the previous temporary support line lying around 39000 here in a smaller time frame and also the resistance from this falling trend line so now what we want the price of bitcoin to do break this resistance from the falling trend line and also the previous support line if do manage to do that then guys here in the short term the price of bitcoin could be showing this bullish movement to us this 40700 range because we know guys if you look at this whole price movement using this Fibonacci extension line from swing low till swing high you can see the price of bitcoin if it's going to be a breakout then we could be getting gravity difference towards this 100 Fibonacci extension line so 100 Fibonacci extension line is lying around 40800 range so that's why guys here in the immediate short term if the price of bitcoin manages to break out of this 39000 and for confirmation 40000 into support then this could be a slow move towards this 100 Fibonacci exchange line which is lying around 40800 or 40700 price range
Long
by theprofitstation
1
Bitcoin's Bear Flag: More Downside Before Chance On Reversal!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. #BTC LOWER TF UPDATE BTC is making this falling wedge pattern in a 4hr time frame currently it is looking like it will go restest the lower support. if it breakout this pattern with confirmation then we can expect a bounce from there or rsi is showing some bullish divergence. #BTC higher time from update As we can see in the chat BTC does not look good here It looks like a retest of this bearish flag pattern so here we have to be careful we have 37.8k as important support. The daily candle needs to get back into the channel for being bullish. Be alert if it breaks the 37.8k support. Let's see how the daily closes This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
BITSTAMP:BTCUSDLong
by CRYPTOMOJO_TA
4
BTC/USDT : Moving into a falling wedge!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. #BTC short and simple UPDATE BTC is making this falling wedge pattern in a 4hr time frame currently it is looking like it will go restest the lower support. if it breakout this pattern with confirmation then we can expect a bounce from there or rsi is showing some bullish divergence. Let's see how the daily candle closes This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
BTCUSDT - up and downI have been viewing the last weeks (since the Jan low) as a reversal pattern, with higher highs and higher lows on a weekly and daily time frames. We are currently trading under significant multiday averages (20, 50, 100), and bounced off the 38200 level. The current channel looks like a giant bear flag. We might break down further from here towards 36k and then 30k. I am not short yet, and I am hesitating to go short due to the fact that I am fearing rally here. The reason I am expecting this rally is because in this channel, which looks like a giant bear flag, we have been creating higher highs and higher lows on the weekly time frame. We are not on the lower border of the channel and unless we brake below it soon I dont think we will see 36k for some time. I will place a pending short @ 38700. SL 40000 TP 38000 I will also place another pending long @ 39600 SL 39000 TP 42600
by Scribes
BTC records further declinesHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support that the price is currently based on is $ 38,133, if the support breaks down, the next is $ 36,917 and $ 35,340 and $ 33,268. Now let's move from the resistance line, as you can see, the first resistance is $ 41,152, if you can break it, the next resistance will be $ 43,179 and $ 44,891 plus $ 46,558. Looking at the CHOP indicator, we can see that in the 4-hour interval some energy was used for the downward move, but there is still a lot of energy that can be used in the near future, please be careful.
by cryptodailyuk
2
BTC 12 HOURS UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. #BTC UPDATE BTC is making this big symmetrical triangle pattern and currently, it breaks this lower support level we need to close the 12 hours candle close above this lower support. RSI showing some bullish divergence If it does not close the 12 hours candle above this support then the cart will be invalidated. Let's see how the daily candle closes. This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4
BTC 6 HOURS UPDTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. #BTC UPDATE As I mentioned in my previous BTC chart that BTC is making this big symmetrical triangle pattern, currently BTC is making this falling wedge pattern inside the symmetrical triangle pattern or we are losing the 40k support. Here we have two scenarios First scenario: As we can see BTC is Losing the 40k support but if this 6-hour candle closes above this 40k support then we can accept A Bounce from there. The second scenario: here if BTC is not able to close the 6-hour candle above the 40k level then we can accept a drop up to 38750k support to make the triple bottom. Let's see how the 6 hours candle closes This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
9
BTCUSDTwe have to scenario 1 - start bullish impulse wave on 37400 2 - start bullish impulse wave on 28855 Scenario 1: The position is designed to accept that the fourth wave is over, and the second wave runs the fifth major wave, and if the price is maintained between 37,500 and 38,800, the position is activated and moves to the next ascending micro 3 wave. Scenario 2: If the price commensurate with the balance of supply and demand gives the sellers power and falls below 34,400, we have a second uptrend scenario in which the price of the 28855 critical line market improves and the fourth wave ends. We will expect a strong wave of upward motivation
by Marextrader
#Bitcoin Prices Boxed in a $3k Range, #BTC Bears in ControlPast Performance of Bitcoin BTC prices continue to consolidate at spot rates, boxed within the April 11 bear candlestick as cool-off continues. Technically, #Bitcoin bears are under pressure despite the higher highs versus the lower BB. As long as prices are steady above $38k, buyers stand a chance. However, a comprehensive break above April 11 highs would signal a new shift in trend favoring buyers. Bitcoin Technical Analysis From the daily chart, sellers appear to be in charge. Ideally, buyers can begin buying the dips if there is a solid, high volume close above $42k and April 11 highs. This breakout will draw more bulls and reverse the bear breakout formation pattern of early April, defining a new price trajectory for the coin. On the flip side, despite the confidence exuded by traders, a dump below $38k may create panic. A sell-off could easily see #BTC fall to $36.5k—a key reaction point in April 2022—and later Q1 2022 lows, in a bear breakout continuation pattern. What to Expect from Bitcoin? BTC is consolidating, stuck in a tight trade range defined by the April 11 bear bar. Still, buyers are confident. Nonetheless, this outlook will be squashed if prices melt below $38k. Resistance level to watch out for: $42k Support level to watch out for: $38k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
BTC: LOOKS GOOD TO GO UPSIDE! ALL WE NEED IS?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE. BTC UPDATE: Currently, BTC lying on a downer support level of this big ascending channel pattern or as we can see in the chart that In short a time, BTC is making this descending broadening wedge pattern We need a breakout of this broadening wedge pattern and RSI is showing some bullish diverse move. If it breakout this lower support of this ascending channel then the chart will be invalid. let's see how the market reacts in a few hours. This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
13