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BTCUSD ~ Correction Continuation Incoming (high probability)After ETH hit a new ATH and BTC didnt even budge, I think what we are looking at is a setup for a major market correction, after which we will see new ATH's across the board in a massive and unprecedented pumps that will take the overall crypto markets to new levels. We have been expecting BTC to retouch its weekly support MA's for a long time, and it hasnt. Meanwhile those MA's are catching up, but they are still in the 40k's zone. A healthy correction down to 10W and possibly even 20W MA would setup the entire crypto markets for a very healthy extended bullrun; especially given ETH and ERC-20 tokens recent pump to new ATHs and recovery levels. Get your long pants ready in the coming days/weeks!
KRAKEN:BTCUSD
by ezpi
Bitcoin | 11th Consecutive Weekly Candle Closed Below 60k..!!#BTC (Update) 11th Consecutive Weekly Candle closed Below the 60k Key Resistance.. (Bulls Need Strength) Weekly EMA21 (46k) Acting as Strong Support Since 27th April 2020. Volume has been Continuously Descending Since 4th January 2021. RSI Printing Bearish exaggerated divergence 📉 If Weekly Candle Closed Below the EMA21 (46k), Bitcoin Might Retest the 30k Support Area. In Bullish Case, If Weekly Candle Closed/Open Above 60k Resistance, then Next Sop would be 80k (New ATH) Daily Timeframe Analysis.. From last 5 Months, Bitcoin has been Moving in Ascending Channel (Forming Higher Higher & Higher Lows) If 66k Resistance got Cleared, expecting Another Higher High & According to Ascending Channel Bitcoin might Test the 110k 📈 If Channel Broken Downside (Bulls lost the 50k Support Area ), Bitcoin might test the 30k Support Area 📉 If Bitcoin Remains inside the 50-60k Range for Next 2-3 Week then We Can See Bullish Rally in Altcoins. (Mini #Altseason) 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..!!
BITSTAMP:BTCUSD
by Faibik
2
Bitcoin | Rising Channel & Altseason..!!#BTC (Update) From last 5 Months, Bitcoin has been Moving in Ascending Channel (Forming Higher Higher & Higher Lows) If 66k Resistance got Cleared, expecting Another Higher High & According to Ascending Channel Bitcoin might Test the 110k 📈 If Channel Broken Downside (Bulls lost the 50k Support Area), Bitcoin might test the 30k Support Area 📉 If Bitcoin Remains inside the 50-60k Range for Next 2-3 Week then We Can See Bullish Rally in Altcoins. (Mini #Altseason) 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..!!
BITSTAMP:BTCUSDLong
by Faibik
13
BTCUSD ~ Correction ContinuationAs per my previous posts, it does look like BTC has rejected the upward channel we previously held for the entire bullrun up to this point. The re-entry back into the channel also coincides with 10D and 20D MA's which were also rejected. Now we are most likely to go down and retest 50D MA and 100D MA. The 100D MA, over the next weeks, will run up and meet what I call the "price-floor" which I gauge to be around 42k area (not exact, and it will surely wick below it). I am therefor placing BUYS from 45k all the way down to 35k, hoping for some crazy wicks as n00bs panic-sell. For me its been very easy to find good entry BUYS on nearly all charts, to line up between the same ranges of fibonacci-retracements with what I expect BTC to go to. So if BTC is going back down to its 0.618 fib for example, and is currently above the 0.5, you can typically also set buys on other coins at the same fibs (and lower fibs as well, since alt coins will dump more than btc will). In a bull market, only trade or buy with the trend = we are NOT shorting anything. Shorting a bull market is suicidal, as is longing a bear market. Therefor I an NOT marking this chart as a short, even though I do expect we go down. BTC's strength can pump us up anytime, and it might be too strong for us to even reach the price floor we are hoping for. Just like those dumb greedy hedgefunds overshorted gamestop - dont be that one....
KRAKEN:BTCUSD
by ezpi
Bitcoin Rejected from Strong resistance so Ready for $50000..?#BITCOIN TA Update:- $BITcoin currently trading at $54100 And yesterday our last post and I told you If BTC 6H candle closed above $55500 then I will bullish. But Rejected from Resistance level. Now..? I am waiting for $49000-$50000 This is my short term Target. Not down...? Bitcoin only bullish if Big time frame candle close above $56000 So I always suggest never trade blindly. Support:- $49000/$44000/$38000 Resistance :- $56000/$59300/$65000 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
COINBASE:BTCUSDShort
by CryptoPatel
53
BTC Bearflag ABC correctionBitcoin fell out from the rising wedge and is now in a ABC bear flag correction phase targeting the 21 weekly Moving Average which also correlates with the 0.382 Fibonacci from the greater move Corona crash till ATH). The B would also fill the CME gap and if you draw a Fibonacci extension from ATH to A the Golden pocket marks the CME gap perfectly. all this signs tell me this is the most logical outcome. presuming we close todays daily candle above 50k. further if you backcheck bullish corrections take about 2 weeks. so far we have one 1 week behind us. there is 1 more week till monthly close. weekend starts today so i would not be surprise we move up this weekend liquidate the shorts up to the gap. Monday CME opens we print the gap fill and come down for the C to the 0.382 Fib and close the month in RED there making everyone happy that we finally touched the 21 weekly MA again. then start a fresh monthly green candle with probably oscillators reset nd bullish divergence targeting the range highs again. when we get there i will update with a new chart to look at further targets.
CME:BTC1!Long
by Candle_Styx
5
Bitcoin LTF ready for $50000 or $65000...?#BTCUSDT LTF Update:- $BTC currently trading at $54900 And now trading at resistance level $55000 If price sustained above $55500 then My target will be $65000 Otherwise ready for $50000 So CryptoPatel Levels:- Above $55500 = $65000 Below $55000 = $50000 If closed ( any small time frame candle minimum 1H candle ) above $55500 then Target would be $59398 $62293 $64773 But If not sustained above $55500 then $50000 $44000 $38000 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
COINBASE:BTCUSDShort
by CryptoPatel
31
Bitcoin Now Bullish or Bearish..? what's your opinion on My IDEA#BTCUSDT TA Update:- Currently BTC trading at $54700 And i already mentioned in my last Post, if btcusdt hold level of $50800-$50900 then BTC is bullish for short term.. Now...? Now Trading near at resistance level of $55500-$56500. If btc manage to hit and cross Resistance level, we can see some upward movement to $59150 or near by. So keep an eye on below given very important levels:- Resistance:- $55400/$59174 Support: $50900/$44808/$37542 Don’t play with fund without any confirmations. Always keep an eyeon above given levels. I am mid term bearish but short term bullish, I already told you about after $50900 , we can see some bullish movement. So let’s watch for level of $59200. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Short
by CryptoPatel
32
Bitcoin & Altcoins slipped into Bear market!In these 6 charts, you see the total cryptocurrencies market cap, the total cryptocurrencies market cap without bitcoin, and the bitcoin price chart. watching them all together will help you decide better and provide a better picture of the situation! While many think the Bitcoin crash will be an opportunity for altcoins, numbers don't show this! Actually, altcoins are more vulnerable to bear market! and they experienced a 32% price drop in 7 days! Anyone who denies this reality will pay for that soon!
BITMEX:XBTShort
by Moshkelgosha
8
Bitcoin Ready for another dum $37000 or $55000 so read full IDEA#BTCUSDT TA Update :- #BTCUSDT currently trading at $49380 And I am still bearish but waiting for daily candle close. No good Volume in BTC so we can say Bullish. Now $50930 support also broke down in 12 hours time frame and waiting for daily candle close. Now...? I am expecting #BTC downfall continue and My target 1 is $44800 and 2nd Target is $37542 Please trade after good confirmations never blindly trade. Keep an eye on below level:- Support:- $44808/$37542 Resistance:- $50900/$57100 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Short
by CryptoPatel
52