Xbt
Bitcoin LTF Technical Analysis Update#BTC/USDT LTF TA Update:-
$BTC currently trading at $20360
As Per chart BTC already Bearish and I always suggested to you Bearish from TOP.
Now 2 Scenarios:-
Scenario 1:- If btc Break $20550 Resistance level then we can see $21600-$21800
This is Retest Level of Last Break down Channel.
Scenario 2:- If rejected from this Level then we can see $18700 Level in short term.
Support:- $19550
Resistance:- $20550/$21700
BTC: LONG from 19500-20000 USDAfter the previous week’s descend movement Bitcoin (BTCUSD) price stopped at the 19500-20000 USD demand zone.
This is the possible place to make some bounce up.
However, before that we could see another testing of the 19500 support level.
I’m going gradually open LONG position now.
Entry 19500-20000
Take 1 20300
Take 2 21200
Stop loss 19400
Of course, the further Bitcoin price will look after the S&P 500 movements with the start of US trading session at 13:30 UTC.
Ask for more analysis details in comments.
Higher time frame (4h):
BTC/USDT : Deviated below $19800BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
It seems that $BTC has deviated below the $19750's Lower low.
And now, Wanna count it as Monday's low here, Moving to fill the weekend's CME gap.
- The gap has opened from $20470.
So, I'm going to look for a Long around $19850 - 19750 - 19650, Going to use partial entries to average down my entry ratio.
Also, Set a Cater Stop-loss to avoid possible Sweeps below $19550.
Aiming for the Gap's opening, The prime S/R line that located higher above the local high and the higher high at $21810.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Bitcoin | Last Bearish Wave Coming Before Massive Bullish Rally!
Bitcoin Bears have been in Complete Control since November 2021.
Bitcoin is Forming Descending Channel in Daily timeframe.
According to Elliott Wave & Descending Channel, We Can See Another Lower Low (15k)
Last Bearish Wave Coming Before Massive Bullish Rally so Be Ready.
Bitcoin Bulls Need to Reclaim the 25-26k Trendline Resistance to Confirm the Channel Upside Breakout.
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..!!
BTC Wyckoff AccumulationHey guys as you can see Btc is forming a Wyckoff Acculumation !!
IMO Buying from here now is totally safe ...
We can also notice that Btc formed the same structure in the end of 2018 so there is a big similarity in two charts and here is the link to 2018 Wyckoff event
That's what I see for BTC and remember always DYOR
BTC: today SHORT under 24000 USDToday I'm expecting Bitcoin (BTCUSD) price will show some impulse down when cross the 82H EMA (23900 USD now).
Also, the Fib Channel level 0.236 (23750 USD now) is very attractive to be broken down.
Entry 24000
Take 23500
Stop depends on your system
Ask for more analysis details in comments.
Higher time frame (4h):
My previous trading idea published on August 9th worked even better than expected!
Boosts and comments are welcome!
Bitcoin | Ascending Triangle Formation..!!
#BITCOIN is forming Ascending Triangle in 4H timeframe.
If 4H Candle Closed above the $24,560, Expecting +20-25% Bullish Rally.
C'moon Bulls, Send it 🚀🚀
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Thanks for Your Love & Support..!!
BTC: Sideway ranging above the 23500 and 82H EMABitcoin (BTCUSD) jumped up the 82H EMA and simultaneously has broken the 23500 USD local resistance level.
Probably, it will hold this range 23500-24500 for the next few days.
In general, Bitcoin is still repeating the S&P 500 (SPX500) movements with slight delay.
So, let's keep an eye on that sweet couple.
BTC vs SPX500: Bitcoin acts more reasonably than S&P 500 nowWasn't thinking I'll ever say something like "Bitcoin acts more cautiously than the stocks".
Yes, I'm talking about the bloody BTC who is terribly known as an extremely volatile and overinflated bubble without any real value.
As we see on the chart during last two weeks, SPX was growing much more rapidly than BTC.
Is there any reasonable excuse for that grow?
Of course, the answer is "NO".
It looks like classic stock markets are overestimating the "positive" messages coming from the states executives regarding the current economy situation.
I'm afraid that very soon we will see the punishment for that blindly-optimistic behavior.
And will use this moment as a good chance and the opportunity.
"Buy when there’s blood in the streets, even if the blood is your own" as Nathan Rothschild probably said.
Bitcoin | Make it or Break it..!!
#BTC (Update)
In Daily timeframe Chart, Bitcoin Bulls are Struggling to Clear the Trendline Resistance (24.4k)
Bulls Need to Reclaim the Resistance to Confirm the Wedge Breakout & In Case of Rejection, #Bitcoin Might Retest the 20.8k Support.
A Breakout and close above the 24.4k will open the Doors for a Rally to 40k 🚀
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BTC: Bounce down to 82H EMA support short-termBTC: Bounce down to 82H EMA support short-term
On July 27th the venerable executives of the US government have convinced everyone that they see no recession in the economy.
And the markets have believed that quite blindly.
Bitcoin (BTCUSD) as well as many indices were rapidly growing since that moment.
However, we were ready for some correction.
Today, we have caught small decrease from 23900 to 23600 USD.
Probably, later today we will see further lowering from 23800-23900 to 23100-23200 USD area.
Let's keep watching...
Lower timeframe (1H):
Bitcoin $37,000 Target (80% on 10X = 800% Potential)Pretty simple and straight forward...
How are you feeling today?
Who are the winners?
The winners are those who never quit;
The winners are those who persist;
The winners are those who can learn from mistakes;
The winners are those who keep trying even after really bad days!
We see Bitcoin growing by around 80% on the next bullish wave.
We base this prediction on data coming from hundreds of Altcoins charts, multiple indexes both in crypto and tradfi, market cycles, fundamentals & more.
We don't do leverage...
I mean, we do not recommend leverage trading for beginners but we know it is a tool that can be used for profits if one has the right mindset and lifestyle.
You need to be in a stable position in your life to be able to use this tool successfully.
Only after you have been trading profitably for 2-3 years, spot, you can try lev.
We go with 10X because the best time to go big on a LONG, is when we reach bottom not at the top.
You can see the MA200 analysis with the $37,000 BTCUSD target on the chart.
Thank you again for reading.
I am always grateful.
Namaste.
If breakout fails -- more sidewaysThe charts are the result of a brute-force search for similar PA patterns over different timeframes in all of Bitcoin's price history.
Use your human intuition to judge which of these scenarios looks the most harmonious.
Some traders are able to stare at a blank chart for hours until they get a hunch, but I am not one of them.
To synthesize something completely new out of thin air is very difficult, but it is easier to judge if you are given some options.