BTCEUR trade ideas
Cup & handle for bitcoinCup & handle
It's looking good for now.
Go bitcoin !!!
Price target : 33930
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Cup & handle for bitcoinCup & handle
Price target : 33932
Don't forget to push the like button. Thank you.
BTC is bearish and bullishI'm seeing a big 'H&S' but also a 'broadening bottoms' pattern. The wedges in price action open outwards which represent increasing volatility. This could break out upwards. But not sure for how long. We can also go sideways for months and it can also drop to the next support level. Time will tell.
Quicker the darkside is. Stronger, notHello beautiful person!
Quick article, just wanted to heed you all a warning if you think about entering or trading.
Price had a very strong support at expected level 25k euro, and bounced upwards.
However it is wise to wait for a confirmation before entering, in order to minimize risk.
Confirmation would come in form of breaking resistant line (previous support), and retesting as a new support line; while holding.
This confirms that downward momentum is lower than the upward momentum, and we can see increase in price or sideways.
Stay safe out there and control your feelings!
Darkside, quicker it is.
Stronger; it is not!
PS
Sorry For the messy chart. It was totally different from preview and to publish.
[UPDATE BTC] Proof of a Wyckoff accumulation (confirmed spring!)Well, here we go.
Micheal Jordan: the last shot.
Bitcoin: the last dump.
Be a Chicago Bull, not a Chicago Bear.
BTC in sync with previous cycles, bears to stay for nowCapturing the major bull runs from 2017, 2019 and 2021 in one overview.
Comparing these cycles, the bearish phase consistently shows two major support zones. After confirmed death cross in previous cycles, the price broke the 1st support and found support at the lower support. When translating to the current price action, there is an important support at 24k Euro. If the death cross is confirmed, I am expecting further downside action towards the second support zone at 13k Euro at which I am expecting long term bullish sentiment to develop again.
This analysis suggests that price will NOT reach ATH again in 2021, but rather continue bearish and only in 2022 find itself going back up.
Of course, this year has seen institutional involvement more than ever, so it will be interesting to see whether BTC will find solid ground earlier than expected. Let me know what you think.
Been here before- Deja Vue!Hello wonderful person!
We have been here before in these price ranges, and not that overall surprising that we are retesting. Especially considering how the stock market are correcting in USA.
If the Stock market continues to correct, then BTC short term will follow and possibly test the support at 22k Euro.
Be careful!
if you believe in BTC; nothing changed.
If you are a BTC trader, things just got more volatile, and dont forget your stop losses & profit taking; probably would not be a bad time to have some cash and stay on the side line until we see some confirmed trend breakout.
For my part:
I am HODLING with my hodl portfolio, and sold some of my trading portfolio in order to have some cash.
I believe in BTC and will hodl, I believe in some of the large cap ALTS and will hodl.
Stay safe, and if you are venturing into volatile territory and trade, trade safe and book those profits!
Sideways until AugustNo one is 100% sure, so I just you my idea of Bitcoin.
I think it will go sideways for several months, until August or even september before it will finally breaks out of the ascending triangle.
So only profit for short times. After the breakout (and possible retest), very nice bullish time to make a profit.
Please leave your comment below>
On the 18/06 bitcoin can have a death crossDeath cross on the day chart. We can cross on the 18/06/2021.
If we cross that's a bearish sigh.
The green line is the 50 moving average en the red line is the 200 moving average.
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Symmetrical triangle for bitcoinSymmetrical triangle is a bullish pattern for bitcoin.
If we go up the bullish target is : 34928
If we go down the bearish target is : 31205
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Was this an ending diagonal in BTC?My gut told me that we wouldn't see a deep 5th wave, like most thought.
However, I never thought that it would be this shallow!
Have we witnessed an ending diagonal yesterday?
I just did a deep dive and this is the best I could come up with.
Take a deep breathHello wonderful person!
BTC broke the long running trendline, dreadful, and retested strong support at 25500.
The accumulation boxes I drew are still into play.
Dont forget to protect yourself with stop losses in case the strong support at 25500 is broken.
Stay safe out there and trade conscientiously!
Buy zones for bitcoinBuy zones for bitcoin to buy :
- 0.618 Fibonacci line : 22823
- 0.65 Fibonacci line : 21152
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BTCEUR shortBouncing against lower channel and MA 20.. Bearish divergence ..Price under 50 rsi ..Target next strong support ..
BTC so bearishA bearish pennant and a death cross? Maybe we get another chance to buy very very cheap. Not sure if I did it right so feedback is welcome. Thanks
Wedge Breakout with S/R flip and Fibonacci confluence The wedge has finally broken out and has created a retest and seems to be coming down crushing, hopefully it keeps going down. The support which was broken yesterday has now turned to a resistance and price bounced off the 50% Fibonacci level. The traders dynamic index has also provided extra confluence with the the green line going below the yellow market baseline. I can finally say all my conditions for this trade are met. Fingers crossed its a win.
Falling wedge reversal pattern for bitcoinFalling wedge reversal pattern for bitcoin
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