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Bitcoinusdt

BITCOIN Next Days/Weeks Happy Thursday Traders & Investors Let's look at a couple of likely scenarios for Bitcoin and the key levels to keep an eye on: Option A: Bitcoin lays right on the riffled support line of the current downtrend, and could bounce to test the area around 28.500$ where the downtrend resistance lays in confluence with some major Fib. Levels of different retracements from the highs and lows of the overall uptrend. A brake above that key resistance area would likely take #BTC to retest the uptrend support and bring new highs in the range between 34-35.000$ On the other hand, a rejection in the 28.5k area would take #Bitcoin back down to a crytical level where Bulls will want to see Bitcoin forming a higher low on the overall uptrend, ideally above the dotted trendline which is also supported by some important Fib. levels and the riffled support line of the current downtrend at around 25.000$ Option B: If the bears take control and brake below the current riffled downtrend support line, we could see Bitcoin dropping straight down to about 23.800$ and the previously mentioned uptrend support in confluence with crytical Fib. Levels where Bitcoin will need to find a bounce in order to avoid a drop all the way down to the range of 22-21.500$ I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! Happy Trading ✌🧡📈
INDEX:BTCUSD
by BitcoinEasyIO
BITCOIN, Green Or Red path?The red path can see the targets of $7,156 to $5,564 if the curve breaks from the bottom. But if the lower curve is not broken, it can see the targets of $74,160 to $88,260, which is also the ceiling of the upper curve. In the time of 1 month, we have reached close to oversaturation, which means that we have the possibility of a short correction, but in the time of 3 months, we have reached oversold, and this means that after this correction or a sharp fall, we will reach the end of wave 5 of the red path. Or it completes the 2nd rising wave and moves towards the targets.
INDEX:BTCUSD
by Rezaei0013
1
The Fight For 26,749 Daily Zone 🐻 | Bitcoin ₿With 1 Day until the weekly candle close we can observe a currrent Doji candle forming. & This is not particularly exciting for either side. The Daily Candle closing in 2 hours appears to be closing at our 26,749 $ Daily S/R Zone. This is good for the Bears. The Bulls are desperate for a strong close above here. Even if the next daily candle goes up and closes up 1% we still would have + 1.5% to go to reach the weekly high at 27,500$. I am still favoring the Bears as price has been moving down on the Higher timeframes in the medium term and that is likely to continue. For Bulls if we can break and hold above 26,749 $ then we may see an easy move back up to our 4hr zone 27,250
COINBASE:BTCUSDShort
by ShrewdCatfx
1
BTC Trading Signal: Go Long In the opinion released last Saturday, I clearly told everyone that if you break the trend line, you can go short, support 28600-28200, and go long near the support, with a target of 29000. Both transactions are perfectly completed. Today, Bitcoin fell below the 28600-28200 support, which has turned into resistance, and the support moved down to around 27200. After a continuous decline, the 30m chart pattern has a rebound demand, so the next transaction is mainly to do more at low levels, and the upper resistance focuses on 28200-28600.
Long
by EagleEyeStrategy
BITCOIN - Bearish Double TOP 📉Hello Traders👋🏻 On The Daily Time Frame, The BTCUSD Price Reached a Supply Zone (30036.00-30492.22) ✔ The Price Failed To Create New Higher High 📈 Currently, BTC formed a Double Top Pattern ✔ The Neckline is Broken 🔥 If Price Stays Under The Key Zone, BITCOIN Can Continue The Bearish Move 📉 ----- TARGET 1: 28050.00🎯 TARGET 2: 27550.00🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Short
by Hsan_BenAhmed
1
BTC : Phase E, According to WYCKOFFBINANCE:BTCUSDT Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The goal of looking at a chart from a Macro time frame perspective is to identify the current market phase / cycle. When we look at the BTCUSDT chart and overlay the Wyckoff Method Accumulation, it's clear that the price action is currently trading in Phase D, about to move to Phase E after the SOS. If you're looking for more details on Wyckoff Method Technicals , see here : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
Update $BTC ChartDaily chart for BTCUSDT (First of all, this is my own view, that is, it is not a recommendation or advice to buy or sell.) My way of dealing with Bitcoin lately is that I deal with it in stages, once I look at the next stage, and each stage has places of failure and confirmation. For me, Bitcoin still targets higher areas, unless it breaks 26942.82, it fails and then forms a descending wave targeting as shown and the extension is confirmed by breaking through its current high. Let's discuss the next step away whether the price of Bitcoin extends or not. Is Bitcoin still targeting falling price zones? -Yes, it still is. Is Bitcoin currently in the lows of new highs? -Yes, although I would rule it out very much. That's why I said earlier that I deal with Bitcoin in stages and don't skip it until it's confirmed to the other stage. However, Bitcoin is an outright correction both now and if the price is extended. After an explicit correction, there may be a good period for speculation to take advantage of the rebound. When we are sure that the retracement is speculative rally and not a continuation of the bullish wave, simply if breaking the specified areas, it is enough to continue to the next. (Now we return to explain the chart.) If the 25k areas are maintained, it may be positive for Bitcoin, which may continue to target higher numbers than before. If we break it, we'll see the 20k area and then we'll see a beautiful bounce to complete the station to the more important numbers 16k areas, as shown in the chart. The question now is, Will Bitcoin suffice at this place, or will it still fall to the next area? Although I am a supporter of the big relegation to the 9k zones, it is very possible that he formed a bottom to complete the ascent for the next bull run, but we do not deal with emotion whether he will be satisfied or not! We see that as soon as Price Action appears clear and explicit in that area and we see the factors surrounding him having had enough of landing, then we continue to ride the bullish wave with him. However, in such areas, emotion prevails over the trader, so care must be taken. On the chart, it is clear that if the 16k area is not respected, it will fall to 9k, but there are areas that precede it, so it may be enough for any one. Good Luck^
by J_umaa
1