Bitcoin 11.04.2022Bitcoin is moving in an ascending channel that is the bear flag in a downtrend. Shortly, I expect a price correction to the support line and premium Fibonacci levels around 0,705. The average BTC purchase price of many large funds is around these levels. I think we will grow up to the 50-52K zone in May, and by the summer it will go for a correction to 30K.
Best regards,
EXCAVO
Xbt
Bitcoin Current Trading Update For Long or ShortBTC/USDT TA Update:-
Timeframe:- 1D
- BTC is currently trading at $39800 Levels.
- BTC is forming Higher highs & Lower highs,
On an Uptrend Trend line.
- Price is taking a correction toward Trend line Support by following Counter - Trend line.
- Wait for the price to Break Counter - Trend line for the confirmation of the Upcoming Impulsive move.
Entry :- $40400
Stop loss :- $38400
Target :-$46100
$BTC/USDT 1h (#Bybit) Falling broadening wedge breakout & retest⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Current Price:
39921.0
Entry Zone:
39925.0 - 39471.0
Take-Profit Targets:
1) 40764.0
2) 41746.0
3) 42459.5
Stop Targets:
1) 38806.0
Published By: @Zblaba
Bitcoin looks good for short-term recovery after showing some clear reversal signs!
Risk/Reward= 1:1.2 | 1:2.3 | 1:3.1
Expected Profit= +8.07% | +15.48% | +20.88%
Possible Loss= -6.75%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 3-4 days
Tags: #BTC #BTCUSD #XBT #WBTC #BTCB #Blockchain #PoW #Satoshi
Website: bitcoin.org
Contract:
#Mainnet
BTC/USD : Into Monday's range BITMEX:XBTUSD
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 !
Formed the Monday's range; But didn't sweep the lows before the leg-up which makes the possibility to have a dive into Monday's low again !
That's why I mentioned two scenarios on chart !
I'll wait for $40600's S/R zone to react,
- If we get the rejection, Then It'll sweep the lows at $39200 and even lower on $37500's support line.
- If we get the break-out, Then I'll take my long till Monday's High or even you can wait for the sweep to located your Shorts.
💹 Also you can have your taste of Long If $BTC tries to pullback from any sweep of Monday's Low.
For now I just play the range; When $BTC unfolds more PA, Then I'll try to take advantage on other options into the LTF charts.
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 on their own vision.
Have a good day!
@Helical_Trades
Bitcoin Supper Bull Market Is coming So Which is Best BuyingZone#BTCUSDT Exclusive HH & HL TA Update :-
Timeframe :- 3D
- BTC is currently trading at $39600 levels.
- In High Time frame ( 3D )
Price is moving in a Bigger Channel forming Higher highs & Higher Lows ( in yellow color )
- Inside the Bigger channel ...
Price is consolidating in a Smaller Channel.
Making higher Highs and Higher Lows ( in white color ).
- If the price breaks $34322 ( White HL )
Then, there will be the beginning of the Bear cycle and More bearishness will be seen in #BTC
- If BTC holds $35000 levels,
Then a target of $50000 as a New Higher High is expected.
- If BTC breaks Mini Channel on Upside then more Bullishness will be seen and Higher Targets of $82500 can be achieved.
- With the continuation of this Bull cycle,
If BTC Breaks the High Time Frame Bull cycle ( Breaks $82500 levels Upside ) then the Super Bull Cycle is expected with much higher Targets ( $150k-$200k )
For Me which Strategy I am Currently Doing ..?
I am Buying in Spot every Dip.
And holding strong with my confirmations.
If Break below $34322 then I will exit in Loss.
Bitcoin 37% up from My Fractals Analysis#Bitcoin TA Update:-
$BTC currently trading at $47500
As I told you $Bitcoin bottom was $32900
Now hope you happy with my analysis.
I explained everything that time when all global market were panicked.
Now 37% up bitcoin from my levels.
And same fractals worked.
Still my Target is $52800 and $69000
Very Important point = $69500
If this level $69500 break then ready to see Bitcoin price around $150k
Now $44600 strong resistance because strong support.
Support:- $44600/$38000
Resistance:- $52800/$69500
Ascending Triangle Setup on BTC, Target at 60,000Chart Pattern/Trend Analysis
The main view of this trade idea is on the Daily Chart.
The largest of the cryptocurrencies, Bitcoin (BTC), appears to be in an Ascending Triangle chart pattern setup. The Resistance Line for the setup is observed around the 45,000 price level while the support trend line can be constructed from the higher lows of 32,933 and 37,560 respectively. If BTC breaks out from the Resistance line of the setup, expectations are for a continued rally towards 60,000. This view would be altered if BTC declines below the 37,425 price level.
Technical Indicators
The technical indicators support the bullish nature of the chart pattern setup. BTC crossed above its 100-SMA on the Daily chart. This was followed by an upward move from 43,180, taking the Supertrend indicator to Buy mode. At the time of publishing, the cryptocurrency is approaching the 45,000 Resistance line. The Awesome Oscillator is above 0 and green while the RSI is above the bullish 50 level.
The intra-day trend following indicators of BTC also display uptrends in the 15-Min, 2-Hour and 4-Hour time frames. Support for the cryptocurrency is seen around the 40,600 to 42,000 price range.
Recommendation
The recommendation will be to go long at market, with a stop loss at 37,425 and a target of 60,000. This produces a risk/reward ratio of 2.05.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing, I have exposure to BTC.
Bitcoin hit our Target and Now ready for Big Bull#BTC/USDT TA Update:-
$BTC currently trading at $44000
#Bitcoin hit our Resistance level.
Hope you enjoyed my analysis.
Now..?
$44600 is Strong resistance level.
If break this resistance then We can see $52800
$44600 This is very Important point so Keep an eye on this level.
What Will happened if Rejected from $44600 resistance level..?
If rejected then $38800 is very strong support.
Which must be hold.
Support:- $38800
Resistance:- $44600/$52800
BTC Moving Average SimilarityHello, the daily chart shows similarities of Bitcoin moving average price lines. In this case, I think we will enter a bull trend just like at the end of July. The only difference between July and the current situation is that the Stoch RSI lines are not exactly similar.(NOT INVESTMENT ADVICE)
Revisiting BTCTime to start dusting down our BTC charts...
It's been a few since we've looked at this in great detail, time to dig deeper and pick out some key areas to start monitoring for doing business in
From a waves perspective, despite the retrace, Buyers are in full control with $218,000 now the next target in the crosshairs.
XBTUSD directional bias also has very important characteristics and implications for a retreat in US hegemony with further instability across democracies expected until we (the people) decisively level up our technologies, voting systems etc.
Eyeballing momentum for later this year as we advance into this new world via CBDCs. Grab what you can. Preemptive positioning and loading at current levels is the name of the game.
Bitcoin | Accumulation Phase Continues..!!
Accumulation Phase for $BTC Continues..!!
Bitcoin has been Consolidating Between 35-45k Range from last 2-Months.
If Bulls Cleared the 45k Resistance, According to Market Phases, Next Will be Mark Up/Uptrend Phase..!!
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
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..!!
Bitcoin Pumped and 11% up from our entry#BTC/USDT TA Update:-
Entry:- $37500-$38000 filled ✅
11% up from our entry.
Now..?
$41800 is strong resistance.
If it will break then we can see $44600 and 52800
But if Rejected then again we can see $37000 level.
Very Strong barrier = $44600
Support:- $39000/$37000
Resistance:- $41800/$44600
Bitcoin BTC: Precise date and top calculation for this cycleSo I was thinking again, and it might be that my last idea here () was too simplified.
It seems the cycles are getting overproportionally longer.
Also, it seems that the tops are diminishing more than previously thought.
I take all cycles exactly from the previous halving days, except the very first cycle, starting day there is of course when BTC started trading on Mt.Gox in 2010.
I overlay exactly with the halving date 11th of May 2020.
We then calculate the ratios of the cycle lengths, and continue the trend. We thus get 956 days of length for this cycle, which would put the top to December 23rd, 2022. 1 year away.
We can do the same for the top ratios and find that if this trend was to continue, we would get 228k USD as the top.
So, I repeat: 228k on December 23rd 2022.
This is another possibility, a more conservative one than my last simpler one, where I arrived at around 300k by June 2022.
Maybe also, it will be somewhere in between, so 250k in October 2022 or something like that. I see both these scenarios as the boundaries of an interval range where it could end up being.
If the cycle will still be one year more to go, then it is possible that we could get a shakeout scenario as drawn in the red line, people should be prepared for such an event, it is entirely
possible because a lot can happen in one year. We remember that BTC dropped in early 2020 from 10500 to 3900 and then went into a rally to over 60k. Ok, this was a black swan event,
but we should be prepared that something similar might happen, because BTC likes shaking out people.
That is now my current picture. Should it change, I will post.