Waiting for a blue pinbar to go long bitcoin above 18 moving avgMarket cypher indicator already triggered a long entry on the 7 min chart. Now i am Waiting for a blue pinbar to go swing long bitcoin above 18 moving avg Longby responsibletrad8r0
A Look Ahead On BitcoinBitcoin is setting in a perfect spot for a big move. Price is being constricted with no real sign of what direction it wants to go. Chart looks bullish with price sitting on so much support, but at the same time the indicators are still in the sell. Also looking at a few chart patterns you can see the head and shoulders and the fail inverted touch on the trend signal more to the down side. Question is how far. by pippin_aint_easy794
BTC CME GAP 16/5/2023 There's a CME GAP Formed At 26800 - 26500. Who knows whether BTC would drop to fill the gap or not. If you have Long order on hand beware of this CME gap , you might Secure some profit and move SL to Breakeven if your LONG order is around that price. If your price is lower than 26200, You want to see whether Btc can go higher or not, just move SL to BE so that you lose nothing if it drop. by C_L_YUpdated 2
btc/usdthe overall trend direction is bullish, I don't see any scenario where BTC creates a new low. but for the short-term view, we would consolidate a bit, strong bearish divergence marking the end of wave 5 of wave 1 would post a detailed higher time frame chart below hopefully I will update this trend as the moves unfoldShortby nwikeUpdated 4
Why I am not using BTC CME charts anymoreThis website is messed up, doesn't show CME futures for the weekend. This throws off RSI and MFI indicators, I switched to Binance futures charts. This chart is just for explanation purposes. RSI and MFI did hit overbought on the Binance chart though. Flipped my calls this morning.by hungry_hippoUpdated 337
Bitcoin Adjusts or Ends It is better to ask for others than to ask for oneself. The only one who can really relieve worries is oneself. No matter whether it is smooth or rough, we must accept all the encounters in life indifferently, be the strong of life, and not the deserters of life. The trend of Bitcoin from Friday to the present shows that there are many signs of bullishness, so I gave two points this morning, one is relatively aggressive and the other is more conservative. At present, it seems that the aggressive point may not be reached for the time being. Bitcoin operation It is recommended to buy at 26600, stop loss at 26000 points, and target 29000~30000~31000. Bitcoin’s daily line adjustment has touched the 38.2% position of the golden section, and it also pierced through here in the intraday. The upper pressure is 30,000~31,000, and the lower support is 26,600~25,300. Longby DomineeringdealUpdated 3
BTC NEW CME GAP BTC NEW gap formed below current price and there is still one more gap open around 29Kby FortuneAI0
BTC UpdateOddly, BTC seems to be doing a better job of cycling between oversold and overbought on my usual 3hr charts that I normally use for index futures. RSI and MFI hit oversold before Euro markets opened, I think it was the Chinese selling all week, their stock market has been going down all week as well. (Yes, I know the Chinese aren't supposed to trade crypto, but chart shows that they do. When they get a QE to pump their economy, BTC will go up. It always does.) Anyways, I flipped my BITO puts this morning, it was a good trade.by hungry_hippoUpdated 10106
Current Bitcoin CME gaps - May 2023Current Bitcoin CME gaps I still believe that the $35K gap gets filled this year, along with the FWB:29K and FWB:21K gap The $9K gap is still a possibility but its a little too far away to really consider right now. by JMazu840
#BTCAs a trader and Bitcoin enthusiast, I have been closely monitoring the price movements of Bitcoin and have identified some key levels and patterns that I believe will guide its future price movements. Based on my analysis, I believe that the $20,000 level is a critical price point for Bitcoin. After bottoming at around $15,500, Bitcoin rallied and faced resistance at $25,000, which I expected. It then pulled back to $20,000, forming an inverted head and shoulders pattern with $25,000 as the neckline. Bitcoin broke out of this pattern and reached around $31,000 before dropping below $30,000. I believe that the $20,000 to $30,000 channel is a crucial range for Bitcoin, especially since $20,000 is the all-time high of the 2017 bull market. Currently, Bitcoin is trading around $27,000, and I expect it to either rally from this level or from $25,000 to $35,000, which is the target of the inverted head and shoulders pattern. After reaching $35,000, I anticipate a pullback to $30,000 before Bitcoin rallies to $50,000, which is a psychologically important level. However, I also believe that Bitcoin will drop again to $30,000 before the next halving in 2024. From there, I expect Bitcoin to gain momentum and continue its upward trend. It's essential to remember that price predictions are not guaranteed, and the price of Bitcoin can be influenced by various factors. However, based on my analysis, I believe that these levels and patterns can serve as useful guides for traders and investors looking to navigate the Bitcoin market.Longby UnknownUnicorn14857681
BTCUSDT- Double Bottom with CME GapCAE gape will be filled if Good CPI rate come long with wide stoploss. Double Bottom formation.Longby ATH_BuyerUpdated 228
19K or 18K - It's just an idea"It's just an idea, only God knows how the market will behave."Shortby HvyPh0
BITCOIN >>> CorrectionBTC is going down for correction to the 0.618 Fibonacci ratio and will continue going up after that #fibomic #BitcoinShortby jaysenxavero1
Be careful- H&S on bitcoin Head and shoulders forming on bitcoin Possible big big drop down to 20k if not lower Shortby Oxfordblueuk1
Bitcoin, Outside BarBTCUSD Hello traders, welcome back to another market breakdown. In this video I give an update and my opinion about Bitcoin recent price action. Trade safely, Trader leo.14:27by UnknownUnicorn27919176Updated 282824
"SELL IN MAY...?" tgt 33k..?TL;DR: 32k --> 20k...? Here's my current EW count and HTF thesis. If my count is accurate, I think we can squeeze 33k out of wave 5. This will also satisfy the Wyckovians among us but we will not make the D1 gap around 35k. After 33k, I think there is a good chance we can begin dropping back to 20k, where we just made a new D1 gap on the way up. 19k is also the VPOC for this range, so 20k with wicks to 19k seems reasonable to fill the gap and consolidate from this run. The Inverse scallop we made in the low 20's has been satisfied by the recent high at 31k. by MtGoxFX0
BTC heading to CME gap?Here is the possible scenario for BTC after inability to break the resistance and fill the 35000 CME gap,It is possible that it’s heading down to fill 20000-21000 CME gap first.Lets see how its gonna play out,Always a student!Shortby Keihan953
$BTC upper part of TRIANGLEPosted some #crypto #altcoins & CRYPTOCAP:BTC analysis over last couple of days (pls see profile for more info) Began to go long on those calls & so far working out @ about 10% cash since then #BTC HAS, MUST, push here IF IT DOES NOT Likely going a bit lower & stay within the TRIANGLE pattern unless #Bitcoin breaks to downside IMO - NO by ROYAL_OAK_INC1
which one ?Hello, I'm back after months . Now : I see Bitcoin at a lower price but when? by sKys0ul_5
Fake out to shake out, POC testWouldn't surprise me to see this run of liquidity to gap-fill below and test the local Point of Control (POC), before rocketing up to test the VAH (value area high), also filling another gap... If bullish momentum continues, expecting a run to fill the last local gap in the 34-35k region. Ultimate target for the "Echo Bubble" of 23 would be around 48k..Longby TheTraderAndyUpdated 119
BTC consolidation phase = channel, Symmetrical Triangle, update!Posted this couple hours ago Going to focus on short times frames for CRYPTOCAP:BTC IMO that is best until we get a BETTER view of what is really happening IMO #BTC should still go higher but needs consolidation, rest RSI is hanging in middle #bitcoin is on a CHANNEL but it's also forming TRIANGLE pattern (these tend to be CONTINUATION patterns) 4hr shows this a lil bit better Would be nice 2c volume coming in, not much happening on 1HR ------------------------- EDIT See the volume atm? This is VERY important! Holding the triangle pattern we spoke about before Not convinced to go buy as the last time this happened #BTC had another leg down KEEP in MIND that these are SHORT TERM charts so be careful This is good 2c though, VERY GOOD!by ROYAL_OAK_INC0
BTC OutlookCMA Gap fill in the $20K area, busted inverted head and shoulders, short liquidations trigger upside into the halving.Shortby alex81sg0