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BTC is moving in the local uptrend channel!Hello everyone, let's take a look at the BTC to USDT chart over a 1 day timeframe. As you can see, the price is moving 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 $ 22,726, if the support breaks down, the next support is $ 21,753, $ 20,935 and $ 20149. Now let's move from the resistance line as you can see the first resistance is $ 23039, if you can break it the next resistance will be $ 24,703 and $ 26,379. Looking at the CHOP indicator, we can see that on the 1-day interval most of the energy has been used, and the MACD indicator shows a local upward trend.
by cryptodailyuk
2
WHY BTC BEARS SQUEEZ LOADING, POSSIBLE 58K BEFORE BELOW 20K DUMP BTC BULLS BIGGEST PLAN, Will Buying BTC at the current 28200 to 29k range be profitable? Today I am here to tell you that Bear's dream to 20k will be charted first as bulls will reverse back up to hit 36k, react, and get pulled back, a bit sideways price move will follow. which breakout will lead to further up to 40 to 42k. the journey of recovery I see could hit 58k but that will experience pulls backs along the way as this 58k is on the weekly chart target meaning time is needed. According to the Bitcoin Gorilla Box on the Weekly chart, The bulls might shock everyone as we see That even though Bull's trendline has been pierced but no candle close below it is successfully instead we see a hammer(a sign of buy pressure)on support If BTC sellers don't get a red candle that successfully close below the 28k broken support. A possible short squeeze will be unavoidable if the current week closing today fails to close below the support of 28k. this signal a possible forceful change in direction after countless failed hits to break the support Taking a buy at 28200 For Swing Trade target(short term) First Target: 34400 Second TA ; 42k Third TA :48k Stoploss:27576 Taking a buy at 28200 For Swing Trade target(short term) First TA : 42k Secon TA : 52K Third TA : 62k to 64k range Stoploss : 26400
Long
by MachiavelliTrader
1
BTC SHORT INTERWAL 30mHello everyone, let's take a look at the BTC to USDT chart on a 30-minute time frame. As you can see, the price moves in the triangle delineated by the blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 29,093, if the support breaks down, the next one is $ 28,522 and $ 27,726. Now let's move from the resistance line as you can see the first resistance is $ 29,750, if you can break it the next resistance will be $ 30,096 and $ 30,425 and $ 30,875. Looking at the CHOP indicator, we can see that most of the energy has been used in the 30-minute interval.
by cryptodailyuk
WILL BUYING BTTC DUMP $TO0.00000098 BE WORTH IT BY 2025?Looking at the Daily chart we see a mini short term pause in the form of a sideways price move Could this be a pause before a continuation of the current dump or a pause before a complete change in direction? Bitcoin Is not called the king of all crypto for no reason as we see all altcoins react to each down move by bitcoin no matter how far the token has moved before the BTC reaction. I do see that according to the BTC chart below, BTC buyers could for a pull up if they succeeded in holding up the support above 26800 if the bull force and buy power holds up till 30k then altcoins including BTTC stand the chance to recover to 0.00000188 My Conclusions: Buying More Bittorrent Chain Token at the current price of 0.00000098 will see a good over 300% till the end of 2022 but do know that the dump is not over as they will likely return down for more dump before the major pump will begin in late 2024.
by MachiavelliTrader
1
BUYING ALIEN WORLD (TLM) AT $0.03 WORTH TARGETING 2025?ALIEN WORLD(TLM) is currently trading at the price of 0.0342 after losing over 99% of its move to of its move to the $5.8 range in April 2021. The Dump that shook the entire crypto market in late April 2022 till this day 19 May 2022 is yet to show any signs of change in direction as the bears keep leaving more bearish footprints behind. But there is a catch that could lead to a complete change in the trend of TLM and that has a lot to do with BTC holding above 30k. SO paying good attention to BTC's reaction to 28k to 30k support on their current bounce recovery. Should I sell all my TLM? The answer is simple too late to run now. Depending on the price you bought and your goal of trading or going into crypto, TLM has strong potential but one that will require great patience to reap. When I say great patient I meant 2 to 3years, 2025 to be precise.
by MachiavelliTrader
3
Bitcoin Buyers initiating Bull battalions to Hold $26k to $30k?The Bitcoin Price dump was a shock to some, the experience foretells a nightmare many are still trying to wake up from. We did warn of this dump as anticipated in this post here I do see this BTC price fall as an opportunity to invest in BTC at a cheaper price if you missed buying below $20k. The big question now is, Is the Big Dump over? Answer: NO! Is the current price range $26500 to $30k bitcoin trading at a good price to buy some BTC? OR are there high chances there could be more threat from the bear's battalion army to still push to the 20k range? Answer: The chances of the weekly and monthly sellers reacting to the 28k broken support are high as they did hold it twice in the past but broken support also tells a story of weakness from the bulls which only means that even if they manage to survive it and bounce above 40k we will face a bigger rejection before somewhere from around 50k to 64k range(too much resistance around lays within the price range) but before we start judging a book by its coverlets look deeper into the charts and FIND OUT TOGETHER! Short Term Look at BTC BULL/BEAR Battleground. From the 4hrs chart Bitcoin Chart, We see a mini short term Head and Shoulders Forming that could force a push back to target the head height of the H & S in the image below The Image shows quick possible sellers shorting BTC back to 26800 one more time. The sell-off could stop at that 26800 or 26200 but if it proceeds to go further below it can only mean that bears the force of the weekly and monthly chart are still in action and they seek blooooooooood so they wannnnnt 20k to 18k( but wait, Whaatt? don't worry we will talk more about this) I see this mini bearish pattern forming on 4hrs could be a threat to rush hour buyers who were impatient and already jumped in buying the dip? Well, By BTC Breaking the neckline currently forming at 28600 only assures sellers of the H & S playing out. NOTE that H & S succeed 75% of the time meaning failure of this pattern is possible by 25% so what could the failure look like? so if the sellers fail to break the H & S neckline then this will only force buyers to retaliate a sharp shoot to $34k But could that be a bigger rejection or the beginning of a recovery phase? Why the bulls will retaliate? if the 28600 to 26800 fails to break( strong support twice saving the buyers to recover from the dump in the past from the image below) This failure will cause a forceful change of direction and the bulls could continue the move to head to 34k The above chart (1Daily BTC Chart), shows a total possible outcome. Looking into the battlefield on BTC daily chart, it shows the bulls could be hiding at the current support. I say this because there is a big consolidation ongoing on the daily chart and from my experience, consolidations don't break easily meaning that invisible forces always pull price back into the consolidation and consolidations also refer to equilibrium between sellers and buyers on the daily chart. Because of this force, I do see Bitcoin Buyers initiating battalions of the bull army to hold down the current support, they will create a mini sideways on a lower timeframe by allowing the sellers to force a retest of the current support(expect more leg down to form a higher low on the 4hrs chart around 26800 range. This will Begin the bulls journey to $52k These are the important prices that will determine BTC price next direction after this current mini price pause For more selloff to continue price needs to go below 26k FOr more Buy power recovery to begin price must hold above 26600 Buyers Targets: Entry FOr Possible long 28200 and 26800 Stoploss at 26120 Think about the image below, This is Bitcoin Gorilla BTC Prediction overview till 2025 after BTC halving
by MachiavelliTrader
DOT without energy for 1H intervalHello everyone, let's take a look at the 1H DOT to USDT chart. As you can see, the price moves in the designated channel with blue lines. Please note that this is a short-term analysis. Let's start with the designation of the support line and as you can see the first support in the near future is $ 17.23, if the support breaks down, the next one is $ 17.01. Now let's move from the resistance line as you can see the first resistance is $ 17.71, if you can break it the next resistance will be $ 17.86 and $ 17.99. Looking at the CHOP indicator, we can see that in the 1H interval most of the energy was used.
by cryptodailyuk
1
SUN TOKEN BOTTOMED YET?? TIME TOO BUY SUN? SUN COIN is still trading at a good price but Can you still buy some SUN TOKEN and make over 200% return? sun coin has been in a sideways consolidation since the redenomination of SUN. should you be buying more sun at the current price? SUN coin Bulls are waking up gradually and we could see them soon hitting 0.02 to 0.0288 price range, here sellers are likely to attack nut I also see the bulls returning after sump pullback. when the Bulls so return i do expect them to break the 0.0288 to hit the 0.04 to 0.05 range. 0.04 to 0.05 range is seller dominated and bulls could get a strong hit. they need at-least multiple attempts to beak-out of my box.
Long
by MachiavelliTrader
2
Will this channel hold?Hello everybody, my last post was in may, when the majority did believe we are heading into a long bear market. I posted a chart which called 30k as "best buy" for this year. Now since then, we reached over 60k and now we see a little down move and again, many people do not believe we are bullish right now. But what if.... this channel will hold? From the fibo levels, our next target should be around 87k. After that, we could see a correction again & then we could get to our final move for this bullrun. Targeting 100k and above. But in terms of time predictions... i guess it will be 2022. Good luck us!
BITSTAMP:BTCUSDLong
by Crypto-Coin-Trader
3
Possible Continuance of BTC/USDT ReversalPrediction: After a few more tests on the $48,800ish area on the hourly chart where there is some resistance, I think there will be a breakout to the bottom finishing before the end of the year to the $48,000 level. This is my prediction due to the fact that BTC has broken through the 200ma 100ma and the 50ma along with the uptrend that has lasted since the 20th of Dec seemingly ending. I also saw what I think is called a golden cross of the 50 and 100ma signaling a downtrend coming. The time for this prediction to run till would be 31 of Dec 2021 and no later than 2 of Jan 2022. I would also consider this prediction to be wrong if BTC hits around the $50,500 point. DISCLAIMER: I have only started really looking into this technical analysis stuff over the last few weeks and am using this as a way to track my learning, if any person who is more experienced in this area would like to add a comment so I can learn more about this topic, it would be greatly appreciated. :)
Short
by lochiejy