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D-XBT

Bitcoin update. Momentum was there and the spot light is shining brighter on Bitcoin every day. A blast from support at 44k brought us just barely to new all time highs. I'm my opinion the world is too afraid to buy at all time highs as strongly as sellers are willing to part. The flash crash on binance is proof that the space is still the wild west, and until there's some sort of security, big money is tepid at best to enter, in my opinion. A dollar cost average approach would seem the safest, so I can see a steady gradual rise in acceptable price for Bitcoin, but huge pumps like this are usually orchestrated by crypto whales, and after the shorts are liquidated and new money comes in at these highs, Bitcoin loves to pull way back to cause capitulation. Thusly, I could see a retest of the 53-49k levels, with liquidation hunters poking below that as well. A good entry for bull market continuation would take the volatility we can expect from the wild west of finance in to consideration. There's no doubt in my mind that Bitcoin will achieve some sort of grand use case scenario eventually and be hundreds of thousands of dollars per. It's definitely not going away any time soon, or ever for that matter, unlike other forms of currency and the governments that back them.
BITMEX:XBT
by Fall0ut0fTh15
2
This Autumn must be the last Bitcoin rally!Hey guys, This is quick idea about Bitcoin price predition for late 2021. It seems like in this fall it must be last rally for BTC in 2021. Looking at chart I notice bullish impulsive Elliott waves, and now after ETF approval, we are inside big (3)-wave, which is confmed by price action and media attention. Next phase should begin in early November, with big mania around Bitcoin and its growth. I consider to follow up the next targets on Bitcoin: m y main target is $80,000 with rebuy at $70,000 in following retracement. After that I consider to take profits near $ 102,000 as it could be potential top for bitcoin for next few years. In any case, I am taking risk wise decisions and trades, using affordable risk. Please, do not bet all of your money, which you cannot afford to lose. Best regards Artem Shevelev Stay tuned for further updates.
INDEX:BTCUSDLong
by ArShevelev
4
ETH Market Commentary 23.09.2021After an impressive breakout, the next leg now follows (there was also the simpler ETHBTC play where buyers have succeeded and are ready to play the next deflection). On the ETHUSD side, buyers have created a chance for Q4 to attack the highs. Sellers did not want to hold past the C leg which is screaming in advance that sellers are really only masked buyers and the direction decisively favours the topside. So now with this deflection from the C lows, the previous highs have been taken unlocking tempo for buyers. The next leg is impulsive on account of the trap and unwinding. The position should reach $3,600 in the coming sessions comfortably with $4,000 the next target in scope.
BITMEX:ETHUSD.PLong
by ridethepig
ridethepig | ETH grinding higher...A remarkable bounce from the lows. Despite the lack of material interest, a momentum attack is in the air and it cannot be shaken off. From here till the end of 2021 there are some nice swings ahead. After breaking back up, buyers won back the tempo. Note how sellers did not make use of the discovered 'C' target lows and how they got tangled up among their own? ... then of course the breakout came.... Tightening the noose !!! After bulls took back $3,000 the highs have been unlocked - it should lead to momentum. Here looking to clear partial profits on the test of our $3540 pivot.
BITMEX:ETHUSD.PLong
by ridethepig
3
BTC BreakoutBitcoin has broken through its current pennant pattern (marked on the chart with green lines) and will be looking for a new all time high in the coming weeks, perhaps even days. Usually the trend will come back down and retest previous resistance levels (marked with the top green line on the chart) to see if it can find support. If it does, this is a bullish signal and BTC will attempt to move up towards levels of it's previous all time high (ATH). Look for the retest of the top green line and then a move upwards towards new ATH's.
BITSTAMP:BTCUSDLong
by MrInvertigo
$GBPNZD Long Trade. Targets On Chart GBPNZD trendline break. Long ttd trade. Fibonacci retracement completed. Bullish gbp (see gbpusd chart) after bearish divergence on 4 hour chart at resistance zone Now at a clear support intraday with bullish cross on MACD This trade is from my own technical analysis volume MACD RSI bullish pattern intraday These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
Long
by bullbearhogewes
Nat Gas. Short ▶ Targets on Chart Options play for a short on natural gas. If you are trading there is an obvious place to put your stop-loss above Tuesday's high. With the way Nat Gas has been volatile the past few days I also have a second sell limit entry just below 5.7. Targets are set out on the chart. Please see the other ideas below as I am still holding (options) and i am also confident that they will come to fruition. These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
NShort
by bullbearhogewes
If I’m wrong about Bitcoin's likely downsideMy apologies for the cluttered chart, but many of the levels are critical in coming weeks. Referencing my recent Bitcoin analysis with valid wave counts potentially taking price down to the $27k-$30k area, I want to provide a possible bullish scenario as well. Should Bitcoin's overall uptrend continue, negating my wave count and breaking through the $68,000-$70,000 (a full 4hr close in or above this area outta do it), then a clear fib price and time projection can take us to $128,000 (+/- $2500) by around December 15th, 2021. Don't put much stock into the time projection, but any meaning reversal from either direction will likely occur around this date. There are numerous confluent fib levels between $125k and $130k, including Bitcoin's beloved 1.618 extension typically reliable for projecting wave 3 tops. This is done by taking the distance between Mar 2020 lows and the April 2021 ATH, then adding this number to the confirmed end of the corrective cycle around $29k-$30k. If my original bearish scenario plays out, the next cycle’s price target will be roughly the same; obviously depending upon how low we actually go. This statement is assuming wave C is ~1:1 ratio of wave A. If my hypothesized wave C extends lower than this, then the ultimate 1.618 extension target comes down 1:1. Bitcoin is at a very critical juncture, with an upside window of around 10% before negating almost all near term bearish wave counts. (NOTE: Bitcoin could actually go much higher than the ATH as part of the c of B correction, but it’s proportionately improbable as price rises (without invalidating the count). Just for fun, if you take the trend based fib time tool and measure the lapsed time of my entire wave a of B, then extend this time from the end of my wave b of B, you get October 20th for the .382 time extension. This would be the first possible/likely time frame of establishing a reversal to conclude wave B. As mentioned above, don’t put too much stock into my fib time statements. The problem is, it always looks/works incredible in hindsight. It’s a quite helpful tool when establishing wave counts of established patterns; but that can be said for all fib tools. This is not financial advice. I am NOT a financial advisor. I’ve been wave counting for roughly 17 years now and just absolutely love everything about EWT, Fibonnaci Analysis, and just charting in general. Me taking the extra time to write these ideas is done solely for fun, both teaching others and having others teach me. I'm not recommending you transact actual assets based on anything I post, ever. Justin
by DataMaestro
4
Bitcoin might not be as bullish as you think...There is a solid wave count that can take Bitcoin back down from the ~60,600 to the ~30,000 area. If we are in a B wave of an ABC correction on the 1D chart, we can expect a 5-wave sequence down to the $30,000 area or even lower to the $27,000 area; from the current price; unless we go a bit higher around the $63,800 to the ~$65,000 range. If my count is right, we are creating a 3-3-5 flat where 'C' is generally equivalent in length to wave 'A'. The price action on the 4hr chart between 6/22-6/29 is largely the reason for my contention we are NOT in the middle of an impulse wave beginning a new 5 wave cycle upward. This small area of price is corrective in nature as it's composed of 3 waves in the direction of the high level trend, meaning the corrective sequence is continuing. However, it can be part of a 3-3-3-3-3 diagonal making up the first leg of wave 'a' of the overall B wave we've nearly completed. Another important point is that within wave B, wave c is nearing a 1:1 ratio of wave a. I've discovered a volume signature that often (but not always) confirms a wave count hypothesis on nearly all degrees. Without going into too many details, a very common impulse wave 3 of 3 confirmation volume is a volume bar reaching ~2.618 standard deviations (21 period). The next confirmation occurs with the subsequent wave 3 of 5 position volume hitting 1.618 standard deviations (21 period) - these two obviously create a divergence, but it's the standard deviations that have proven reliable in confirming/supporting counts. It is much, much more nuanced than this, but the concept very important to substantiate my wave count. It's important to note that the above volume signature occurs almost exclusively in impulse waves as part of the larger trend and among the five waves of one degree lower of a five wave 'C' wave. Given the fractal nature of the markets, this has proven quite reliable on nearly all time frames (I generally use 13D, 3D, 1D, 4hr, 1hr, 15min). If you’re interested in knowing how I do this in Tradingview, let me know and I’ll gladly explain. Now, this brings me to my final point. In the high time frame Wave A, you have this volume signature occurring in the wave c of A. This means the low on May 19th culminated a wave 3, with the wave 5 concluding on June 22nd. From the 6/22 low, you have the aforementioned price action between 6/22 and 6/29. Had this completed the entire correction, the price action between 6/22 and 6/29 would’ve been impulsive in nature. In fact, this little area of price action completely changed my viewpoint on this. It won’t be until $66,000-$69,000 that I’ll start looking for a higher probability wave count. Remember, ‘”B” waves can rise above the overall trend high put on before the correction started. Just because BTC rises a few dollars past its ATH doesn’t mean the correction is over. Note the ~$27,000 area is around the .618 retracement of the recent five wave sequence (‘bull run’), and Bitcoin LOVES his fib levels. On the 4hr, there is a textbook 5 wave sequence (c of B) with the volume already looking to confirm this sequence and its subsequent end. Please give me your thoughts and tell me I’m wrong. I love Bitcoin, but have to leave my bias at the door. Justin
Short
by DataMaestro
17
Bitcoin | Bulls Struggling to Clear the $55555 Resistance..!!#BTC (Update) In Daily timeframe, Bitcoin Bulls Struggling to Clear the $55555 (Crucial Resistance) 2 days ago, TD Sequential Indicator Printed 9th TD Sell Candle (Bearish Sign) On the Other Side, Bitcoin is too Close to 19th April Unfilled CME gap (57120-62115) So far ABCD Pattern is Working Very Well & According to ABCD Pattern, Bitcoin Might test the 64k Area Before DUMP.. In Weekly timeframe, Bitcoin is Breaking the Crucial Resistance with Strong Bullish.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
BITMEX:BTCUSD.P
by Faibik
Bitcoin | Descending Channel Breakout..!!#BTC (Update) Daily Candle Closed Above the 55k (Highest Close since 11th May) Finally, Descending Channel Breakout After 8-months Long Consolidation ✅ RSI Broke the Trendline Resistance as well..📈 Now, All Eyes on 19th April Unfilled CME gap between 57120-62115 👀 There is also a Possibility that Bitcoin Might Retest the Channel Before Another Bullish Leg 📈 Bitcoin is Looking Very Bullish in Weekly timeframe but We Should wait for Weekly Close.. If Weekly Candle Closed Above 52k, Next Stop would be 72k (New ATH) Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Long
by Faibik
Institutional supply zone 57k likely to be testedThere remains 1 key level that BTC has not tested yet. That is the 56k-58k supply zone. This is a key area where institutional investors will want to take profits. If you check Binance futures long/short ratio statistics, the majority (herd) are short BTC - which means there still is more fuel for a short squeeze to the upside to 57k. Also, the EXOCHART footprint charts show an interesting picture - retail traders on ByBit and Binance are still heavily shorting BTC, which is more evidence that the price will go upwards, not down.
Long
by ToshihiroHiramatsu
1