The trend is changingThe trend is changing to bullish.
There's a new pattern.
Push the like bottum. Thank you.
BTCEUR trade ideas
Bitcoin next days uptrend incoming?First analysis, please feel free to comment and critique my idea for prosperous discussions and maybe I can learn sth. from you.
I would suspect Bitcoin to break the current downtrend in the next hours. The current correction following the 33814 high and the 32885 high just hit the lower trend support and the 0.5 to 0.38 Fib retracement where BTC found support. At least bitcoin will test 32100 in the next hours.
However, following Fib Time Zone 1 we may see an immediate breakout to newer highs, testing the 33800 resistance and maybe taking it in the next two to three days. After a retest of the 33100 to 38000 support zone, it's possible to see a new all-time high at Fib Time Zones 5, where Fib Time Zone 1 and 2 nearly matches.
BTCEUR LONG Retests the 28.8K support, if it holds good entry point imo. target may be a new ATH (top of the arrow). The arrows time frames are probably not entirely correct but it can give and indication. This is how I THINK it could go :)
Either wayHello wonderful person!
Just wanted to pop in late this sunday and give my 5 cents.
Currently, I really cant see any strong indicating a move to either directions and the overall market seems to be unsure to me.
Therefore, my strategy now is to just hold a little bit more to see.
Since the BTC might seem to be less volatile now, maybe it is ALT-season soon?
Happy trading all, and be safe!
Head & shoulderHead & shoulder we can go to 24689.
If the supportline don't hold. We can go to 18611.
Technical Analysis BTC/EURAfter a correction phase of 20-25% , the market climb up and is dropped down again towards a support level.
As you can see we are having a ascending triangle in which the market will possibly breakout from and hits to the barrier of the resistance level of 34300 EUR from the ATH .
EMA 200/50:
Looking at the EMA of 200/50 it still confirms the upwards trend we are in ⬆️
RSI:
We are seeing a decrease of the RSI since 8th of January.( explains the drop in the market )
With currently having a RSI of 57 we still have a more buying power in the market but is not solid enough for a big push.
We still seeing a upwards trend, it’s just waiting for the market to breakout and push trough the resistance level and create a new ATH🔥
Please let me know what you think of my technical analysis and feel free to like or share your thoughts🙌🏼👨🏼💻
Bitcoin Price Pprediction ARTThis is my vision for BTC, revealed to me by the flying spagetti monster.
Like the old saying goes;
Why drink and drive, when you can make price predicton ART. That Flyes!
Technical Analysis BTC/EUR by NvDAfter a correction phase of 20-25% , we now are moving towards the resistance level of 34300 EUR from the ATH .
Looking at the EMA of 200/50 it confirms the upwards trend we are in ⬆️
Looking to the RSI the market buying more then it’s selling which gives a good indication along with the other indicators that we are in a upwards trend.
Now we know know we are going upwards , it’s just waiting for the market to push trough the resistance level en create a new ATH🔥
Please let me know what you think of my technical analysis and feel free to share your thoughts🙌🏼👨🏼💻
Profit booking form higher level- Long view is still positive Bitcoin has seen selling pressure from recent highs of 34 K followed by strong bull counter attack, It seems initiation of Impulse wave is round the corner if the price moves up and remains above 33700. those with existing position can hold as per their risk reward appetite, looking at volatility a deep stop loss of 22500 can be maintained. Fresh entry can be avoided till resistance is not breached.
Symmetrical triangle for bitcoinSymmetrical triangle for bitcoin.
We shall go to the 34000 line.
Don't forget to push the like bottum. Thank you.
Risky areaIt seems that there still exists a bearish trend on Bitcoin, if this rising wedge is not broken it could mean a drop. Lets hope it has strenght to break it
BTC Ascending Triangle - Breakout imminentAfter cooling off for a bit, as I expected (see previous idea), BTC formed an ascending triangle and it is about to breakout. If it breaks to the upside, which I expect, we will likely see new ATH.
Bitcoin can go up or down. My thoughts.Break trendline above and stay above with 1 candle from 4 hour timeframe.
You can buy it. We can go to 33562 line and above.
Break trendline above and stay above with 1 candle from 4 hour timeframe.
You can buy it. We can go to 33562 line and above.
Push the like bottum. Thank you.
Bitcoin can go up or down. My thoughts.Break trendline above and stay above with 1 candle from 4 hour timeframe.
You can buy it. We can go to 33562 line and above.
Break the yellow trendline downwards and stay down the trendline with 1 candle from 4 hour timeframe.
You can short it. We can go to 16500 line.
Push the like bottum. Thank you.
Head & shoulder on the 4 hour timeframeHead en shoulder on the 4 hour timeframe.
It can go's to the 16500 line down.
Don't forget to push the like bottum. Thank you.
Reverse head & shoulderRebounce of the head & shoulder.
If we break the blue trendline, we close 1 hour candle above the trendline.
We can go to 34221 and maybe break it !!!!!!!
Don't forget to push the like buttom !!! Thank you. Greetings.
Bullish option for BTCThis could be a bullish option for BTC.
Wait for a good entry signal and ride 1 or 2 waves up.
Check other idea for bearish option.
This is not financial advice.
