BTCUSDC trade ideas
Possible Bitcoin short term scenario pre-halvingThis could be a possible short term outcome for Bitcoin pre-halving and post halving. Please take into consideration that we could go lower into the $4,000 price range but if Bitcoin respects the fib lines at the low $5k level then we could be seeing the second higher low into the halving. I would be very excited to see this as the ultimate outcome but we all know this is never clear.
BTC is Easter our gift to long?My last update I speculated a really nice leg up 1:1 of the bottom leg. After doing a little more TA I have concluded the center was a triangle. I'm interested anywhere between 6200 and 6300 hundred. Don't get overly paranoid about the to the .01 cent entry. This is the trade I have been waiting for. Patience.
BTCUSD: The road map shows DOWN, DOWN, DOWN ... for now This is why i am BEARISH:
* BTC is trending in the blue descending channel
from July 2019 (Bearish)
* Currently it finds in a rising wedge (brown) -
(Bearish).
* It encounters the top of the descending channel
which probably would push it down.
* A huge falling wedge (black) is busy forming
to support my Bearish bias
* We still have a gap to close at $3570
BTC résistance à 7500 - 7800 ??Salut à tous,
Le BTC continue sa croissance, la tendance reste haussière mais une résistance importante se situe entre 7500 et 7800.
La situation reste délicate au vue de la crise économique, je préconise une short à la zone dessinée.
Je garde une stratégie sur le BUY/LONG, je pense qu'une baisse du BTC va se manifester le mois prochain.
Bon trade
The last low before Bitcoin makes its 2.5/3 year target of $250kLast capitulation point before we correct and move to the upside. I have Pitchforks and Fib Circles on the chart. Understand that this is all speculative and not for certain but from what I am learning as I move forward with this market this is my opinion and future target. Tim Draper continues to be positive on this $250k target.
1:1 WXY correction complete. Next wave 3 extension to 5k or 4k?1:1 WXY correction complete with a clear 5 wave count for wave Y and gradual declining volume as bitcoin rises.
4 hour bearish divergence now on the 4H OBV.
If this count plays out, we should be starting wave 3 of 5. If wave 3 is a 1.618 extension of wave 1, I'm expecting this wave to complete somewhere around 5150. A 2.618 extension will see an extension to the 4k region.
Good luck and happy trading!