Get started

Halving2020

BTC / USD — Bitcoin Elliott Wave & Halving Price Prediction!Hello guys! Want to share my view on Elliott Wave structure of the price and price prediction on Bitcoin before halving event. In my opinion we are in impulse wave III in between sub (3) and (4), probably developing another impulse leg, which lead us to $10 000. Local picture of 1h chart, confirming the idea, we are in local resistance zone and price might go to $8800 before next up move. Suggest to place orders near this zone to get in move to 10k without FOMO. Halving estimated date/time: Reward-Drop ETA date: 12 May 2020 02:00:22 UTC DISCLAIMER: If you following somebody with good Risk/Reward and Win Ratio. Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor. Please don’t follow any analyst blindly on this website. Always use stop loss to prevent yourself from losses. Make sure you understand and afford the risk. Please. ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊 Now, it is a time to send a comment, what you think about price of Bitcoin in the day of halving?
BITFINEX:BTCUSDLong
by ArShevelev
13
BTC Roadmaphow come we are here? and for how long? in the above chart, you can see how the resistance got violated and how it's holding the current price action down in the red zone. This zone is not a strong zone as on the 3D chart you can see we are still in the cloud and what currently is showing is a bearish Doji as a fake breakout of the cloud. On April 28th we recorded a strange 50 million buy volume which disturbed the bearish divergence on the hourly chart and gave the premium their confirmation for their bullish position. As expected the price broke the bearish scenario and broke the resistance to the top of the channel. volume ( with the breakout over 8420 our BTC safe range for alt trades got violated.) The trend is bullish and price action above the cloud indicated the R1 to be tested. The halving will take its effect but if average FOMO can push the price over the longterm resistance we can expect the euphoria to be alive for a few days before the all-time crash only to get rebounded. In case we do not break the long term resistance the scenario is an inverse h&S to come the best strategy is to distribute your long leverage trades like land mines over R1 and R2. Keep an eye on BTC bull trailing cryptos such as NEO & ETC. Cheers and may your likes bring you bulls and save your SL's.
BITSTAMP:BTCUSD
by Zivul33
1
Why isn't anyone talking about this? Short BitcoinI love Bitcoin and it is my best friend :) But I'm sick and tired of all the "gurus" who are predicting $100k/Bitcoin when it has a bull/ascending trend OR who are predicting $0/Bitcoin when it has a bear/descending trend. This technical pattern is holding for the last few years actually yet no one is talking about it. You know Bitcoin is poised for a drop when you find on Google searches like "is good to buy bitcoin before the halving?" and after you read some articles wrote by someone who has no idea what even a block is. I hope I am wrong about this and it's going to $100k but sometimes (all times) we need to have a look at the world as it is, and not as we are. Target - MAYBE $10.500 before going to $5700 :(
BITSTAMP:BTCUSDShort
by mariobros7
3
Will Bitcoin Reach 10,000$ before halving ?Hello Viewers do like and comment on my idea if you agree with it have any questions about the idea ? comment in the comments section below :) 1. Is Bitcoin still bullish ? Ans : Yes according to the pattern observed in the 4 hourly chart Double top patter can be found on the 4 hourly chart (Bullish Divergence) A key trend Line is present at 7555$ level 2. What indicates the pattern is failed ? Ans : if a candle is completely formed below the 7555 trend line it would indicate a strong bearish trend 3. In what other cases will the current bullish trend turn into bearish trend ? Ans: if bulls fail to bring up the price above 9126$ level (which is a kind of weak resistance found in past 2 months) bullish trend will turn into bearish trend which might cause a drop to 8100-7800$ Level's 4. Whats the situation in lower time frames ? Ans: Bearish MACD and RSI is found in lower frames whats my personal opinion ? the current bearish trend shown in the lower frames is largely because to the negative trend going on in the world markets So be patient for the results to show up. Always wait for the confirmation before starting a trade dont let your emotions decide the trade. May you succeed in all your trades :)
Long
by prem_sagar
3
A Complete Trading Setup for the upcoming BITCOIN HALVING event Hello viewers this is my first idea im publishing on trading view If you like my idea do like and share your opinion in the comments section below :) do share your ideas in the comments. Bitcoin has been seen to be struck inside the triangle pattern. After seeing a major uptrend in bitcoin price which is driven by organic buyers and then a dip towards 8400 level where many dip buyers have used this opportunity to enter a long position. The 8700 level seems to be acting as a strong support line but a dip towards the 8200 level is still on the table. coming to my idea bitcoin price surging above 9000 level has a high possibility a rejection after testing the 10500 price level which is the top of the triangle and this rejection would lead to a drop to the 8000 level. keeping in the mind about the upcoming bitcoin halving event a long position till the 10300$ level seems to be a good opportunity 1.Open Long setup till bitcoin halving Open long position : 8200$-8450$ level Take profit : 10250$ Stop loss : 7700$ A drop till 7700$ has a very less possibility but is still on the table My view for a short term trade is bearish (during or after halving) in my opinion opening a short position seems to be a good opportunity according the technical view 2. Open short position : 10300$-10400$ level Take profit : 8000$ level Stop loss : 10700$ Tails are a very common thing when it comes to bitcoin but tails above 10600 is not expected. this is the setup im using depending on my own ideas and technical analysis a drop towards 2400$ is still on the table according to the technical analysis which ill post later after the bitcoin halving event. stay tuned and do follow for weekly trading setup ideas. it is important to remember that im not a registered financial adviser do follow my idea at your own risk. every trade has it own risks so do your own research before trading.
Short
by prem_sagar
A week until the halving! Daily analysis.As you all should know, the halving is coming in approximately a week. What does this mean for bitcoin? Well there will probably be a sell off of bitcoin from miners as to cover the loss of rewards from blocks. Bitcoin has been following this ascending channel since the crash, potentially dipping through the halving and hitting the 0.382 or bounce off the golden trend line from 2017. The has ribbons are telling us that the hash rate is growing and is a good time to buy, however we do have the halving and some miners will leave. I'm personally in a short, though would move to a long position after the dip I'm expecting. If we do bounce off the channel and continue to grow, it could be possible. The fed are printing after all like crazy ;) Let me know your thoughts and if you think my analysis needs any corrections.
BITSTAMP:BTCUSDShort
by emobe
XBT/USD Decision Time for BTC Who will Win BULL or BEARHello World, As you can see XBTBT Currently in Descending Channel, XBTUSD moving up since last crash with all green candles with strong buy volume, Today XBTUSD tested $9460 resistance, 11 days to halving, i am not 100% bullish on XBTUSD because there is rejection possible similar last one. A expected CME Futures Short still be in our minds. Bulish Scenario: Weekly MACD bullish divergence Strong Buy Volume Halving 2020 This idea will be invalid if XBTUSD breaks descending channel and closed above.
BITMEX:BTCUSD.PShort
by irfanali741
Bitcoin update: Part 8After our previous target of $8000 the price of Bitcoin continues to climb and has already converted two, intermediary resistance zones into supports zones. Bitcoin is currently at a peak of which is the third point of a descending trend line and a previously identified resistance zone. However, I would still like to keep a bullish bias seeing that the US dollar continues to plunge and that Bitcoin is in higher demand. Next stop: $10 000 Good luck and follow me for more!
BITSTAMP:BTCUSDLong
by UnknownUnicorn4565572
2
Bitcoin 3rd Halving: How to react?While bitcoin is still ranging, I would like to speculate what to expect from the approaching halving of the block reward event and how it was last time. November 28, 2012 The first Bitcoin halving takes place to reduce mining rewards to 25 BTC As you can see on the chart below bitcoin price experienced two falls (40% and 25%) prior to date. After the Halving BTC didn't fall that deep and went straight up after 50 days. July 9, 2016 Second halving takes mining reward down to 12.5 BTC. Two months prior to halving, Bitcoin managed to grow by 75% and fall by 23%. And after 22 days from the event's date, it falls 30%. After that, the price only climbed up. May 12, 2020 About year to date, the price was in some sort of big channel and sharply dropped by ~57% due to coronavirus outbreak about 70th days ago. So, what can we expect? We can expect the second drop after about a month or less after the halving, like in 2016, i.e 'sell-the-news' reaction. High volatility - like a pump to $10300 (high channel boundary) and dump to $7200 (lower). Confident further growth only after 2+ months after the halving It needs to remember, all the above is just speculation, and bitcoin can easily fly to the moon or dump to the ground on the 12th of May, but having the information about previous events could help to prepare for a new one. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
BITSTAMP:BTCUSDLong
by Bitduke
5
Bullish #bitcoin for initial target of $11238My reasons to be bullish are as follows: Reason 1: The TD9 got invalidated. We are at TD2 Reason 2: My super algorithm still saying bullish. It is a bit late for bullish entry. Next few reasons will clear why I am bullish Reason3: We have a green background from the bullish bearish indicator from me. More reasons coming below Reason4: (Demand & Supply) The price has clearly reached the 61.8fib. It went from 6718 to 9486 (fib to fib). Then it retested the demand zone. In the demand zone, the bull army has shown strong demand by ensuring the wicks are progressively higher and higher. The suppliers have been defending heavily. However, the price is progressively going up making "somewhat" of an HL-HH kinda trend. It shows that the supply is getting weaker. There is still a lot of supply of exhaust. Reason 5: The halving is nearby in. If the price can make a good move up, then the FOMO will be immense. It can become such a self-fulfilling prophecy that it becomes the reason why it broke out. And, hence it becomes headline in many newspapers. Imagine if such a situation happens, the herd will come back in. The herd is always hungry for profits. And whales know very well how to unload their bags at a high price above ATH (20k). So if a break happens, imagine this going parabolic. Parabolic SAR is still bullish and the daily is printed higher high and higher low bar by bar Wikson Relative Price Channel is in green bullish territory. This shows clearly that 10487 maybe next. I believe more is on the horizon. Reason 9: My free JB indicator showing clear buy signal (still a few more hours to go for end). However, look at where it printed the last sell or buy. Reason 10: Green to red to green to red . ATR . Showing 9855 is possibly next. I imagine more. Bullish it is showing (ichi) Self-explanatory as we all use it. It is bullish Reason 12: 2D ichi shows that price already entered the cloud. Will the cloud break the price and let us go towards ATH Reason: Daily Ichi shows that price already is above tenkan and Kijun. Tenkan > Kijun. The only thing remains is a bit more push until both tenkan & kijun goes above cloud. A little more push. Patience & good risk management is everything in trading Reason 14: This is Coral Trend Indicator from Lazy Bear. It shows green bullish background. Look at some of the previous green backgrounds. 💰 Reason 15: Using the Bitstamp, here is my crude analysis for Hash Ribbon Buy signal for weekly timeframe 1st Buy: 49% potential gain 2nd Buy: 167% potential gain 3rd Buy: 4798% potential gain 4th Buy: 41% potential gain 5th Buy: 209% potential gain 6th Buy: 3143% potential gain 7th Buy: 294% potential gain 8th Buy: 54% potential gain We had a confirmed 9th Buy signal this week. Only future will tell how much gain/loss it will give this time. Target: $11238 - $17873 as shown.
BITSTAMP:BTCUSDLong
by Joy_Bangla
3
Bitcoin Short Idea before HalvingAfter the rocket up BitCoin took last week it looks like it made it to a Daily supply zone they will drop it from prior to the Halving coming up on a week and a half or so. Based on the Daily Fibs, it looks like price will fall back to the 6000 range over the next week or so in anticipation of the slow rise after the halving. Daily demand around that level will be used to grow the value once profits have been secured. Short as soon as you have a confirmation that price is on the way down. Use the Lower Time Frames to confirm the 4 Hour trend reversal. At the Drop Base Consolidation Drop level, the sellers seem to be non existent. That was the meaning of the comment that sellers left the area. And when you look at a 30 Minute chart, the current retest is more obvious.
BITFINEX:BTCUSDShort
by stikytrading
BTC at U$ 55k? Is it possible?What the chart can tell us about the future of BTC? There’re a lot of theories surrounding the crypto, and most of them are positively promising, and these theories are gaining strength now, specially with the halving coming this month. For instance, we have models that can be used to determinate the Bitcoin’s value, like the Stock-to-Flow model, which I find interesting and it makes sense, but what I’ll do here today is analyze the chart. Let’s look the weekly chart for a good perspective. Now, BTC is trading inside a descending channel for months, which is typical of a bear market, and here I’ll quote again what Charles Dow, the technical analysis’s father, said about a century ago: “Trends persist until a clear reversal occurs”. And that’s bad right? I mean, that “clear reversal” didn’t occurred yet. Yes, that’s true, but there’s a light at the end of the tunnel here. Look more carefully at the volume. During the last bullish movement (evidenced by the purple rectangle) the volume was low, even lower when compared to the whole year (evidenced by the red rectangle). That means that the bulls were not strong enough to change the trend. Now, we witnessed another good bullish reaction over the past weeks again, but this time there’s a difference. Look how the volume increased! Even the 21 moving average that is in the volume is going up now. Charles Dow also said: “Volume must confirm the trend”. And that could make the whole difference for BTC now. And if a bull market starts here, I firmly believe BTC will have the strength to breakout the U$ 14k and will test the U$ 20k again. At least that’s what the chart tells us. So, there’s a lot in stake here. With the halving coming and the price at such delicate moment, we are living one of the most decisive moments on the history of cryptos. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra