Bull Market Coming Soon? 🚨💸 BTCUSD analysishey there!
basically bitcoin now is in a very important area that will be responsible for the move over the next few month.
if the price breaks through the blue trend-line it will target the white trend-line (area 28000-30000).
if it failed to break we will be targeting 12000-140000.
Btcforecast
BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: - BITCOIN 4-hour chart, The price has broken above both the bearish trendline and the $20,500 level after rebounding from the $18K area.
Currently, the cryptocurrency is testing the $22K resistance level, and a bullish breakout from this level would pave the way toward $24K. However, the trend seems over-extended. This suggests a bearish pullback toward the $20,500 level – which has now turned into support.
Additionally, the RSI indicator, which had been signaling a massive bullish divergence before the reversal, is now demonstrating a clear overbought signal with values above 70%. This further boosts the probability of a short-term pullback.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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BITCOIN: STILL NOT BULLISH!!!Hello traders, I hope you guys are doing good. Here's a quick update on BTC in a lower timeframe.
Timeframe: 8 hours.
Update: BTC is still not bullish. It did perfectly bounce back from the $18.5k to $19k support level but currently, it is struggling to break above the $22k resistance level. If BTC fails to break above this level then we can expect another drop in the market. The RSI is already close to the overbought zone.
Conclusion: BTC is still in a critical zone. Holding leverage positions for long in this unstable market will be risky. You may take short or long calls for scalping but make sure that it is for a shorter period of time.
Note: Take the risk that you can effort to lose but knowingly do not jump into a bad trade. When you know and see that market is in a risky zone, stay aside.
I hope this update is helpful for you. Thank you for supporting me.
God bless.
#BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: Last Friday, August’s non-farm payrolls (NFP) was released, which showed that 315,000 jobs were added to the U.S. economy.
Although the labor market continues to be the bedrock of optimism in the United States, it has not been enough to avert attention away from the inflationary crisis.
Despite the better-than-expected NFP number, bitcoin fell to two months low the day after the data was released, dropping below $18,600.
Since then prices of BTC have mostly consolidated, trading between a floor of $19,500 and a resistance of $20,200.
However, as of writing this, the token has surged in today’s session, with prices once again moving above $21,000.
Some attribute this rally to comments from Fed Chair Jerome Powell, who all but confirmed that rate hikes would continue, until “the job is done”.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
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#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:- 4-hour timeframe, after forming the same continuation correction pattern for the third time and consolidating inside, the price finally broke the lower threshold. This resulted in a massive decline to the $18K support level.
This is the most crucial level for the bulls to defend. If the bears successfully push the price below this critical level, another clash for power will likely occur.
However, there is a considerable bullish divergence between the price and the RSI indicator in this timeframe. The formation, alongside the sentimental power of the $18K support level, indicates a potential reversal in the next few days.
The current question is whether the bulls can hold this support for the fourth time. Next week’s price action could be a clue to determining the outcome.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BITCOIN 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-Like I mentioned in the previous update BTC may bounce from here and the resistance of BTC which is close to $20.1k from where BTC bounced back and BTC fell to its resistance We are back to updating you the same chart from here let's tell you that btc is still trading further of the wedge channel if the channel upside btc breaks then we can see BTC one time $20.7k if btc breaks the lower trend line of the wedge channel so we can see drop in btc thanks stay tuned for updates
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN 1DAY UPDATE BY CRYPTOSANDERS !!BITCOIN UPDATE :-Looking at the daily chart, the price has been consolidating in a tight range between $19,500 and $20,500 over the past few days, showing little intent for a significant move in any direction. The $20K support area seems to be holding the price for now.
If a bullish rebound is to happen, the 50-day and 100-day moving average lines around $23K and the $24K resistance level would be key areas to watch for as they can initiate a bearish continuation.
On the other hand, a breakdown from the $17K-$20K area could prove disastrous for the market, as, in this case, a rapid decline towards $15K and beyond would be probable. This would prolong the bear market significantly as bottom formation and accumulations take months at the end stage of bear markets.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT 1Hr UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-Welcome to btc in the update As I told you btc might bounce from here which bounced back to btc support $19.6 if it bounces back we can see btc to $20,1k and break 20,5 our chart will be invalid
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Making a million - stage 2!To make sure the project has order, it would be wise to dedicate a page for each stage of the project. Stage 2 is now in action: trading within a range of 600-1,500 USD. Accordingly, I will provide my TA on this page with entry and exit points until I move to the next stage. Let's start!
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Foreword
I received an email from one of my exchange accounts, which frankly speaking I have completely forgotten about, that 320 USD in commission has been credited to my account by my broker. I have not worked with this broker for a long time due to personal preferences, however, I decided not to withdraw such an insignificant amount and instead turn it into a million dollars by trading it on futures.
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Trading strategy
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Project management
Technical analyses (TA) will be published under the heading "Making a million". In my TA, I will publish strategies with entry and exit points and keep records of Profit & Loss (PNL). Weekly statement of my balance - will be provided on this page on Sundays. If you are interested in keeping up with the progress, then consider adding this page to your favorites!
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I cannot predict how long exactly it is going to take to achieve my goal as a lot will depend on the dynamics and volatility of the market for the selected instruments. To get to a successful outcome, balanced decisions with minimal risks would need to be made. Therefore, there is no reason to rush.
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Please note
By providing my technical analysis in my articles, I do not encourage anyone to trade according to my strategies, because risk management and leverage are individual in every single case. Please be aware!
A kind request
Please do not publish any charts or technical analysis on this specific page. This page was created solely for the purpose of the project' presentation and its weekly reporting.
Contacts
I will much appreciate if you do send any PMs! I'm a trader, not an oracle. In my individual articles, however, I will be glad to receive your comments and support! Please be constructive when making your argument to keep it more productive for everyone.
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Start of trading: 10 May 2022 ‐ insignificant trading
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An idea for the project: 17 July 2022
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3 August 2022 = 968.50 USD (start date of online project and active trading)
#BTC/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-As we can see bullish green candle has formed BTC support and a bullish crossover is showing on MACD so from here we can expect BTC to move from 20.2k to 20.5k
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-
Initial bullish momentum following last month’s payrolls has seemingly faded, with markets gearing up an economic downturn.
Although Friday’s figure of 315,000 jobs was better than expected, this was lower than July’s number of 528,000.
As a result of this, BTC/USD slipped to a low of $19,779.55 on Saturday, less than 24 hours after trading at a peak of $20,401.57.
Looking at the chart, bitcoin is now on the cusp of colliding with its price floor of $19,800, which hasn’t been broken since July 16.
However, should the relative strength index (RSI,) which currently tracks at 35.77, fall to its own floor of 33.95, then this breakout will likely occur.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC MarketAction Analysis (Techno/Funda Analysis)After breaking its ascending channel that lasted for about 2 months, BTC fell in a falling wedge from the 25,000 to 19,500.
Now BTC is in its demand range and according to the importance of this level which has the potential to reverse price, and the orders available in this range, there are 2 scenarios:
Bullish scenario : It is possible that if the demand increases in this range, the price will rise to the $25,000 range.
Bearish scenario : considering the macro factors ( Economic Data, Inflation, War, Political conflict about the JCPOA which can lead to gas shortage in upcoming winter) and also the price ranging at this level unlike the previous times, if demand decreases and sell pressure increases, we may once again see the price drop to the 17,500 and if it does not hold above this range there is a possibility that the next support will be seen at the 16,400 range.
#BTC/USDT 4Hr UPDATE. !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-
In the short term, the apparent bullish divergence between the price and the RSI indicator indicates a possible rebound for Bitcoin in the upcoming days. The price must first penetrate the descending trend line (marked yellow).
Considering the mentioned divergence and the strength of the $19K support level, there is an opportunity for a rebound in the short term. A correction towards the $22K level could take place before the next significant drop to attack the $18K threshold again.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-
Hello, friend, BTC is the upper trade line that is getting rejected again and again we think that if BTC is rejected to BTC all most will dump 3.4% and if BTC from here breaks the upper trade line above $20.3k if closing If so we can see BTC one more time from $20.5k to $21k and we see a bullish divergence in RSI and RSI is crossing the upper train line
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN: TESTING THE RESISTANCE.Hello traders, welcome to this BTC update in a shorter timeframe.
Timeframe: 3 hours.
Recap: As per our previous chart, BTC maintained the support level following the bullish divergence pattern. It bounced back from $19500 (divergence support) to $20500 (current resistance).
Update: BTC in a lower timeframe is forming a bullish falling wedge pattern which is a good thing for the market. The current resistance will decide the next flow of the market.
1. Breakout and retest will allow the market to move in a positive direction.
2. Rejection will drop the price back to $19300.
Conclusion: The market is in a perplexing stage at present and on top of that the FEDs. It will be wise to wait for a confirmation.
I hope this idea was helpful for you. Let me know your ideas on the current market scenario.
Note: This idea is in a shorter timeframe. So, take your trades accordingly.
Trade safely.
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-
Hello Friends As I mentioned in the last update and we are expecting BTC to bounce from $19550 20MA is pumping continuously we can expect if BTC from here to $21K $21.5K
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT 4 HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-
4-hour chart, the price has recently broken down a rising wedge pattern (textbook bearish). However, it is expected that BTC will form a pullback and retest the lower boundary of the wedge, approximately $21K, to confirm the breakdown.
The current bullish divergence between the price and the RSI indicator demonstrates the concept. Considering the divergence and the essence of forming a pullback, the price will likely experience a short-term correction towards the $21K level before a possible bearish continuation towards the mentioned $18K support.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE :-
BTC is currently in support but once support breaks from here BTC could drop to $19000 to $18800, main strong support for BTC is between $18800 to $19300, if it drops evenly We are back once again and can see any $17500 otherwise if BTC bounces from here BTC might bounce around 30% from here
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin forecast| signal updateAs mentioned in the previous Bitcoin forecast ( yesterday BTCUSDT ), after breaking the Uptrand channel (at the point I have shown), the price fells to the $20,000 price range.
After a return and pull-back to the price range of $20,500 and $20,900, we see the continuation of the downtrend to the historical price, and the resistance zone of $19,000.(this pull-back and fall again takes about 2 or 3 days)
After that, the price falls again to the important and strong resistance of $17,500.
My forecast is that it will swing between the prices of $17,500 and $19,500 in a horizontal and neutral channel for a while.
and my second forecast and possibility is a quick drop and a hit at the price of 10,000. (It is a weak possibility, but not so far )
this is my longterm forecast for Bitcoin or BTCUSD
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