Bitcoin Hello Traders,
In 15 minutes chart for an intraday trade I expect a little correction for Bitcoin.
Buy zone is the yellow circle, target 25K for the moment
Btcforecast
#BTC/USD WEEKLY 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.
WEEKLY UPDATE:-
As seen in the following chart, each time after experiencing a 70% correction and at the end of the bear market, Bitcoin’s price has briefly touched the 200-week moving average.
Exceptionally, the price has dropped below this significant moving average during the recent significant shakeout, followed by a pullback to the broken level at around $21.5K. If the pullback pattern turns out to be valid, it can be considered a confirmation for another leg down to the $15K mark.
Nevertheless, the RSI indicator has formed a descending resistance trendline, and the next bull run won’t be anticipated unless the mentioned threshold gets broken.
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
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Bitcoin on Fibo's 0.618%Hello Traders,
On the 4 hours timeframe btcusd is bottoming on the 0.618% fibo's retracement.
If the prices stay and close above targets are 25 K-28k and 30 K before new bottoms.
Sell high and buy low.
Tomorrow FED rates publications, I don't think a 100 pb movement, 75pb is expected.
Is Bitcoin ready to give us a final pump?
Publish your trading idea on BTC or other cryptos.
Thanks
#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.
BTC /USDT UPDATE !
Bitcoin is unable to hold the $21,480 support and now trading below it. Tomorrow (27 July) is the FOMC meeting and we might see high volatility in the market. We expecting a test of $20,800 and if BTC holds that level then we see a bounce from there. A break below $20,800 is bearish.
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#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.
BTC /USDT UPDATE !
It breakdown mid-range and currently holding above the mid-range and golden pocket. If it is retested successfully below the mid-range and breakdown the order block then there is a possibility of testing the ascending trendline or the previous lows.
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
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Bitcoin we are in a local bull cycle. Until short sellers will bBitcoin we are in a local bull cycle. Until short sellers will be liquidated.
Too many people started to believe in a drop to 15k - 13k I think market will take their money.
BITCOIN 40 minutes 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.
BTC /USDT UPDATE !
I think BTC bounce back parallel channel lower trendline $21700
Remember:-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.
Do 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.
BTC /USDT UPDATE !
As we can see BTC 1-hour chart is bouncing off BTC 200 MA as a trend line, if position is holding then don't panic, if BTC breaks channel is downside to close your position
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BITCOIN: BROKEN DOWN BELOW THE SUPPORT.Hello traders, I hope you guys are doing good.
Let me share a quick update on BTC.
Timeframe : 4 hours.
Update: BTC broke down below the support level which isn't looking good in a shorter timeframe. If BTC didn't break above the upper trendline soon then we may most likely see a drop in BTC. BTC tried its best to hold the support level but couldn't keep it up. The current green candle looks like a retest but if it manages to break out again then things will get interesting.
Upcoming news: We have the Federal Open Market Committee (FOMC) two-day meeting on the 26th & 27th of July 2022. This meeting may bring volatility to the market depending on the news. So, kindly mark the date and stay alert.
Conclusion: The market looks bearish for the short-term and as the weekly close is near, we can either wait or scalp trade.
That's it for now. Thanks for reading my update. Do like and comment to show some support.
Trade safely.
#BTC 1hour important support !!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.
BTC /USDT UPDATE !
As we can see btc 1-hour chart btc is bouncing by 200MA don't panic if the position hold then do if btc breaks are channel downside to close your position
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
What's around the corner for BTC from Elliott & Wyckoff on 1D?!My TA on 1D is based on Elliott and Wyckoff pattern.
I did not include any indicators for this TA as at this time they do not show any confirmation for the price reversal. This may take a few days given today's drop. Therefore, there is no need to disregard a possibility of a price falling further down to around 40,300 USD or even to 33,500 USD. It may happen!
However, currently the price is bouncing off the local descending trend line in black colour and also off the blue colour line. The vertical volume shows divergence against price for the last 5 days (see the last 5 red candles). Along with its yesterday's longest red candle such action indicates a price reversal.
I will update this TA as price action moves along, so keep track of it!
#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.
BTC /USDT UPDATE !
Here BTC is also getting support from the Black MA which is a strong rally from the current levels towards the upper resistance level of $28k.
BTC needs to maintain this level to rally up, a candle below the MA support will propel it towards its lower levels.
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#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.
BTC /USDT UPDATE !
As we can see from the above-mentioned chart that BTC performed well and printed a rally of 28%.
In the current5 scenario BTC retesting its 36days resistance which is supported now.
Here BTC also getting the support of black MA which is the strong point for a bounce from the current level towards the upper resistance of $28k.
BTC needs to hold this level to rally above, a candle close below MA support will lead it towards its lower levels.
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#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.
BTC /USDT UPDATE !
Bitcoin broke the major resistance of $22.600 and held above it. We will see a move towards $27,500 To $28.000if BTC is able to hold above the $22.600 level. Global markets also showing some positive moves and we expected the same in the crypto market.
Remember:-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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BITCOIN: BEARISH DIVERGENCE FORMATION!!!Hello traders, I hope your days are going well. Here I am once again with an update on BTC.
Timeframe: 4 hours.
Update: In my previous update, I mentioned the hidden bullish divergence BTC formed and it worked pretty accurately. A strong gain of 12% after the chart got posted. Now, currently, we can see two things happening. Firstly, BTC broke out of the $22.5k resistance level and closed above it which technically, looks bullish. Secondly, BTC is under a strong bearish divergence formation where the RSI top is decreasing and the actual price candle top is increasing.
Conclusion: We can clearly see that BTC has not confirmed the bearish divergence, yet. It is still under formation which means if BTC starts to rally higher, the bearish divergence will get invalidated. We are already in the overbought zone, and the market is all green. Looks like we may likely see some drops soon. So, stay on high alert and trade safely.
Key points:
1. Keep an eye on the bearish divergence.
2. $23k a good support.
3. RSI overbought.
I will keep you guys update.
BITCOIN UPDATE: YET TO REACH THE RESISTANCE LEVEL!Welcome folks to this BTC update. I am gonna keep this chart neat and easy to understand.
Timeframe: 4 hours.
Update: We saw how BTC is trying to bounce back to stay above the $20k level which is good for the market. The daily close was around $20.8k below the 21 MA but it made a quick pull back holding the price at $21.3k. If BTC continues to rally, we can expect it to touch the resistance level which is at $22.5k, and if BTC starts getting rejected then $19.6k is good support.
RSI: In this 4 hours timeframe, the RSI is showing a hidden bullish divergence which is quite a confirmation of a bullish rally towards the resistance level.
Conclusion: BTC is still under a bearish flag pattern and like I said in my previous BTC update, $22.5k is the invalidation point for this bearish flag. Once BTC breaks the resistance, we will see a trend reversal and we may likely see higher rallies. A rejection, on the other hand, will continue the bearish flag pattern.
I will update more on this topic later until then trade safely.
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Thank you.
Do you think willHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
What will happen to BTC from here What do you guys think Comment
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Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin after bear trap - is going to rise or will be in a channBitcoin after bear trap - is going to rise or will be in a channel for some period of time
Best strategies for this period - take trades as a bounce from big order in DOM and footprint
Bitcoin dropped from big size here is reasons Bitcoin dropped from big size here is reasons
some people set big limit orders
BITCOIN TRIPPLE BOTTOM formation!Happy Tuesday Traders, Investors & Gamblers 😃
If Bitcoin can confirm above 18.8950$ (Red Support Line) this formation can take us to test the range resistance and if broken take us back to the 29k-32k range (Green Resistance line )which forms resistance for a trend reversal on larger timeframes.
All the relevant levels for this bullish Bitcoin scenario can be found in the chart!
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 ✌♥📈
Bitcoin, we wait for trap and trade afterBitcoin, we wait for trap and trade after
IF a bull trap appears - we trade - Short
if bear trap - LONG
BTC
OVERALL, BTC is in a downtrend channel. We might see 13k-14k soon if the market dumps in the upcoming days. Daily, BTC got rejected at EMA 34, leading to a hard rejection at resistance. Meanwhile, keep shorting at resistance. To reclaim the uptrend line, BTC has to touch 20.2K with little sideways action here.
***That was a rejection on 200 EMA, not 50 sma.
