great opportunity for alt party?!good morning folks, after two massive drop down and an aggressive pomp of bitcoin i think this digital gold will be stuck here for a small alt party.
seasonal tendencies for next month tell us we have a retrace for discount pd arrays.
finally, imo this price zone has the ability to change the trend.
Btcusdtsignal
Bitcoin Long - Still Strong!BYBIT:BTCUSDT.P
Bitcoin is still looking strong for continued upside.
Possible Bearish Divergence printed - opportunity for slight pullback providing ideas for:
1. Entry if you missed the move
2. Adding to positions
Wait for entry trigger on pullbacks - when BTC is hot, most of the times you will not get perfect pullbacks as the
market has a habit to front run ideas and buy the pullback early.
NB: A break below the 28.8k level (zone) would provide ideas to short to the possible pullback of 25.2k.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSDT 4H tf UPDATE & NEXT EXPECTED MOVEbtc currently trade at 29900$.
overall we are waiting for cpi date results.
if cpi date come positive then possible we btc price at 32000$-35000$ in comming days.
so if cpi data come positive and bitcoin touch its local support area 28500$ before cpi data then we open position in longs... and our sell targets we set around 30k$-32k$.
if cpi date come negative then possible we see btc price at 26500$ in comming daye.
on 4h tf indicators : rsi & macd looks bearish but on daily tf btc still looks strong.
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BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
I think that locally, the last upward movement to the 29-30k zone is missing,
then I expect a smooth decline on bitcoin to the 25-26k area and the fall of its dominance.
After that, the final movement to the area of 31-35k where I will close the position that I gained on 18k.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
2 possible options:
Through consolidation or through a small correction to the 25-26k zone, I am still waiting for the final move up to the 31-33k zone, where I will sell what I bought at 18k
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT : Analysis , 1DHello traders, we want to check the chart of BTCUSDT in the daily time frame. After a strong upward movement, the price has reached the key level of 28,000 and 28,500. Then the price had a drop to around the price of 26,500, but the price held this level and the price quickly rebounded. It grew and returned to the previous level, the details of which you can see in the image below.
The price is now settling down and we will check together what scenarios can happen in the future. If the price can break the level of 26500 and stabilize below this price, probably up to the price of 25000, which is the last ceiling. It is broken, it will fall, and if the strength of the fall is high, this fall may continue until around the price of 24,500. If this price stabilizes, it is likely to grow to the next key level, which is around the price of 32000. Good luck.
BTCUSD- Upcoming Big Reversal on Bitcoin!!! hey everyone, BITCOIN spiked up due to collapsed of SVB BANK alongside gold, this is due to the uncertainty that market created. As we are looking for upcoming moves we are expecting prices to be bullish until 28k after we have where we believe that price will reject.
GOOD LUCK AND HAPPY TRADING.