Follow the RainbowLooking like the Trend is still Bullish and the recent Drop is still following the Trand
We can see Higher Highs and Higher Lows.
Overall trend looks unchanged
BTCUSDC trade ideas
Time to Buy or Sell the digital assets?The BTC/USDC pair has been trading in a narrow range located between the levels of 11,800 - 11,900 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines as shown by Bollinger Bands Width (BBW) , which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quoted prices.
This market behavior might indicate a distribution phase close to this year's highs, so it is worth keeping an eye on the level of 11,900. Any violation of this level might lead to a corrective cycle development towards the next technical support seen at the level of 11,600. However, if the bulls will decide to continue buying, the yearly high located at the level of 12,000 is possible to reach very quickly. The next target for bulls is seen at the level of 12,500. The daily time frame chart remains bullish.
The trend on the BTC/USDC pair remains up and there are no signs of a trend reversal, so buy orders are preferred in the mid-term. The next mid-term target for bulls can move above 12,500. The key breakdown of technical support is seen at the level of 11,000.
Just under 11k and then a sharp bounce...We will be in a new trading range for several weeks before another test of $12k. This next one will likely break and go higher though.
Quick Drop to 11,600Looks likely and perhaps lower before a strong push above $12k, in the next two/three months.
BTC USDhello traders here's trading idea for BTC USD
==look for long opportunity as along as @11225 is support with tp target @ 11919
==below @11225 look for short opportunities with tp target @ 10985
Retest 9700-9900 To Fill CME GapMore often than Not if there is a Gap in the CME Futures Charts it will usually be filled one way or another.
Look for a retest of the 9700-9900 levels to fill Gap.
I know, this isn't a CME chart.... Didn't realize until I was almost finished. My apologies.
God Bless Bitcoin BINANCE:BTCUSDC
Can Bitcoin break out 9300?In the weekly chart, Bitcoin is showing a descending wedge. Current price is under the pressure of the threshold around 9300.
The reversal since this March is powerful, but I don't consider the chart as a pennant. In the past 4 weeks, it has been hesitating for too long to be a pennant.
The future 4 weeks are quite a decisive period for Bitcoin, if it fail to break out 9300, it'd most likely to retest 8000.
BTC USDlook for short selling opportunities as along as @9232 is resistance
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if the price breaks @9230 look for buying opportunities with tp target @9468
Chainlink vs BitcoinAs you can see BTC show signal of reversion after decelerate. Seems like we have stop on the roof, for the other side, Chain show all your potential with ~25% of growth. In my best bet, I think the Chain will growth until 0,00072 before start to drop until 0,00055
$4500 in 2/3 weeks BTC will end up under $4500 in 2/3 weeks and last for at least 14 weeks before any correction to rise again
BTC UpdateWe have two options :
1-bounce and retest the broken trend at 9800
2- death crossing between MA 20 & 50 which is clearly the sign to exit
BTC OPEN SELL OR SHORT HERE , TARGET $7200 (Update)BTC went down along with the stock market, now it has broken down of the rising triangle pattern .
BTC sell : $9130 - $9150
BTC target 1 : $8000
BTC target 2 : $7250
BTC stop loss : $9450
Wish you good deals!
BITCOIN WAIT BUY OR LONG TARGET UP TO $12500BTC had a very good sign of forming an ascending triangle, BTC had a fake out and suddenly dropped due to the news of a covid
vaccine, but now the signs are good for the rising triangle, waiting to buy in $ 10350.
BTC waiting buy : $10350
BTC target : $12500
stop loss : $9800 after bought .
Wish you good deals!
