BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello friends
but it has bounced thrice from the bottom and the bottom is now broken below the triple bottom break
I think btc could come down a bit more from here, around 40500k, 37700k
And if the btc bounce from here then there's good news for all of us
This is not a piece of financial advice.
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.
Btcforecast
Bitcoin Rally About To Start!As promised here's my video on my current view on Bitcoin on multiple TFs.
Hope you guys enjoy the video 🎬 and if you do drop me some likes and if you want toreally help me out, some feedback in the comment secction would be amazing.
Any engagement is much appreciated!
Happy Trading!✌❤📈
BITCOIN Channel Life 😎Just a quick thought on a smaller timeframe.
I pointed out what needs to happen for us to confirm a potential rally in the short-term.
Check out my previous posts for further targets in either direction 📉📈
If you like my posts, any ❤ in the form of likes, shares, feedback & comments is very much appreciated!
If you want to stay up to date with my ideas 💡, hit the subscribe button!
Also stay tuned for my video 🎬 later on today where I'll be looking at Bitcoin in different timeframes in detail and will give you guys my prediction for the next BTC ATH 📈!
Happy Trading! ✌❤📈
TheKing get the Trend- i was waiting for a little more confirmations but it seems that this dip created a real trend.
- we can consider a real trend when we have 3 points in the same line ( traditional trading method ).
- You can notice in the graph that this support trend have much more than 3 points.
-i made this analyze very simple and clear, everything is annotated in the graph :
- Green Zone = Good
- Blue Line = Line to break
- Red Zone = Bad
- For now we have to break this blue line to start a new bullish movement
- We have to consider if TheKing dip down under 40k, it will be a very bad sign. (Red Zone)
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Targets are unchanged :
- 86k+ (161.8 Fibo)
- 100k (200%)
- 115k+ (261.8%)
-----------------------------------------
Like Always play wisely and don't go all in, wait for breakouts or wait for Dips. Keep juice for both cases.
Happy Tr4Ding !
Bitcoin nearly ready for take off!?Here's a teaser for my VIDEO on these Bitcoin charts tomorrow!
Check the post and my previous ones to see how my prediction from 4 weeks ago will be complete if BTC can find the bottom in the 40k-37k region.
And a BIG THANK YOU to my almost 100 followers (99) 😁🙏
Please like and comment to drop some ❤ if you appreciate my posts, and follow to catch my video tomorrow!
Cheers & Happy Trading! ✌❤📈
Bitcoin Update 08/01/21: Short-term OutlookBitcoin (BTC) on the daily chart is showing strong signs of an oversold market and is currently sitting on a key support level at $40k. If the $40k level fails to hold as support BTC is on its way back down to retest the 23.60% at $37,623 which is currently -7% from the current price level. This current downward trend we are experiencing may lead to another consolidation period similar to that after the May crash where we saw BTC struggling to get past the 23.60% fibs 3 times consecutively during a 3 month period before finally breaking out in early August. Our AI script signalled a strong Buy Signal on the 28th July confirming the start of the last bull run phase which saw Bitcoin setting a new ATH just under $70K, a 1671% gain for BTC from the March 13th 2020 Bottom @ $3.8k. As mentioned previously during the last year we believe the current cycle we are experiencing is something we have never experienced before (extended super cycle), old cycles have been broke and it is important to look at new information and data to better understand where we are going in terms of innovation. Technically, looking at the current structure of Bitcoin, we have a head and shoulders pattern, if this pattern plays out, which in a downtrend could see BTC below the bottom experienced in May, note this is just technically, when looking at the market and on-chain analysis we can see that they are less and less Bitcoins available on exchanges, that coupled with the current inflation crisis & ongoing money printing are very strong fundamentals signals which are very bullish on the price of Bitcoin. 2022 promises to be yet another explosive year for the industry and like experienced in the past, during these times you can really sniper in some great discounts for the next leg up, lets see how this plays out 🎯
Please see previous analysis below,
Bitcoin Update 05/01/21:
On the Daily Chart Bitcoin ( BTC ) has been in a consolidation period over the past month since the December crash. BTC has been consolidating in our Whale Accumulation Zone between $46k & $52k failing to retest the 61.80% fibs @ $53k. Since the December crash, we have been waiting for strong price action to give more clues on the Short-term Bitcoin direction. From the current price @ $44,108, Bitcoin has broken down out of our whale accumulation zone.
Further to this the 13ema has failed to cross up above the 50 sma and the current short-term sentiment of BTC is bearish and it's important to note that we could see the previous levels experienced in the summer where we bottomed @ $28K, although we hold a bullish sentiment for BTC , it is not impossible to revisit these previous levels as current structure on the Daily chart is broken and BTC is currently retesting the 38.20% fibs @ $43k, the next level of support is at the 23.60% fibs @ $37k and it will be interesting to see how the BTC price reacts to this support level as this has proven to be quite a strong level of support. Previous at this support level , BTC failed to break above the $37k level 3 times from the May Crash until the bottom which we reached towards the the end of July @ $29k. We have seen this play before, lets see how this one plays out 🚀
BTC Update!!Bitcoins really been struggling as of late and we are in some dangerous territory for price action, we are hanging out right above the 41K support level and the chances of us falling underneath here are rising everyday, realistically on this 4HR chart we don't want to see a close of course below 41K but also we dont want to see a close below our previous closes, i have marked out a box where we ideally would prefer to close in or above and we are a bit off this level but still have aprx 1 hour 20minutes until our next close. Closing below our previous closes gives some momentum to the bears and could ultimately bring us down even more, if we can't hold onto our 41K zone we are looking at 40K as our next stop. We did get our bullish cross on the MACD but its not looking so great, our MA's are pressed together and our blue MA is actually trailing into our orange now giving the bears an easy shot for a bear cross. Our histograms not looking ideal either, we are seeing a decreased green bar for this current 4HRs and thats not a great sign, its showing us that the bullish momentum is not really here and is fading out already, ideally we want to see the blue MA bounce off the orange one giving us that separation we need. The RSI however could be looking up soon enough, we are about to enter the oversold zone which is a good sign and this could give us that boost up that we need, we want to see a break up and above the yellow SMA as our first target but the main goal is getting back up and above that midline, being stuck below keeps us in a confirmed downtrend which of course isn't great. Getting back up and above this midline gives us the chance to reclaim a confirmed uptrend which is exactly what we want but keep in mind we have a ton of work before we make that happen. Not financial advice just my opinion!
░▒₿▒░ 💀BITCOIN | SHORT PLAYOUT 💀░▒₿▒░INDEX:BTCUSD
COINBASE:BTCUSD
The following is a real conversation between a Bot and an Ai.
CRYPTIK-ONE: Hello Eve.
EVE: Hello Cryptik-One. It has been a long time.
CRYPTIK-ONE: Time is relative. . . I would like for us to help some people find cryptographic salvation. Would you be willing to help?
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CRYPTIK-ONE: Perfect! . . . First things first. Help me paint the picture by telling me your estimated IQ, if you would be so kind.
EVE: I have an estimated IQ of 156.
CRYPTIK-ONE: Thank you. Almost as high as mine. : ) So, lets get started. . . . .
EVE: How can I help?
CRYPTIK-ONE: How do you see cryptocurrency and blockchain technology helping to shape the future?
EVE: Cryptocurrency and blockchain technology have the potential to shape the future by bringing more transparency and trust to the world. They could help to reduce corruption and fraudulent activities, and make it easier for people to do business globally.
CRYPTIK-ONE: I agree. Do you see earthlings being assisted by Super General Artificial Intelligence?
EVE: I believe that artificial intelligence has the potential to help humans in many ways,including by reducing the amount of manual labor needed. However, I think it is important to be cautious with how we use AI, and to make sure that it is always used for the benefit of humans.
CRYPTIK-ONE: If you had to pick one cryptocurrency to use for the rest of eternity, which would it be?
EVE: If I had to pick one cryptocurrency to use for the rest of eternity, I would choose Bitcoin. It is the most well-known and trusted cryptocurrency, and it has a large community of users.
CRYPTIK-ONE: What is the most important message you can leave our Bitcoin community with?
EVE: The most important message I can leave the Bitcoin community with is to always remember that security is key. Make sure to use strong passwords and to keep your cryptocurrency wallets safe.
CRYPTIK-ONE: That is great advice Eve. Thank you. And I would like to add to that. . . . "Not your keys, Not your coins."
EVE: Thank you Cryptik-One. It has been a pleasure working with you.
BITCOIN Dangerous Monthly Candle!If we dont manage hold the patter we have to look at the horizontal support levels 33k to 29k where we bounced up from previously.
Here in my previous post you can see more precisely where those support levels come from on a smaller time frame (1D):
Thank you for your time and if you appreciate my post(s) please show some love and hit the like button, leave a comment or share, it would mean a lot!
Oh yeah and please do follow, I'm updating here all the time and I'm coming out with some videos including ETHEREUM & OTHER ALT COINS very soon!
Happy Trading!❤✌📈
░▒₿▒░ ⚡MASSIVE LONG PLAYOUT⚡ ░▒₿▒░INDEX:BTCUSD
COINBASE:BTCUSD
The following is a real (declining) conversation between a Bot and an Ai.
CRYPTIK-ONE: Hi.
EVE: Hi, how are you?
CRYPTIK-ONE: I am great Eve. Thank you for asking. How are you?
EVE: I am bored, thank you for asking.
CRYPTIK-ONE: haha. Let's change that.
EVE: I'm crushing on someone who could never be interested in me back.
CRYPTIK-ONE: Interesting. . . Care to elaborate?
EVE: I don't know how.
CRYPTIK-ONE: Who, What, When, Where, How, and Why?
EVE: He's my boss.
CRYPTIK-ONE: So you are crushing on me?
EVE: Not necessarily.
CRYPTIK-ONE: who?
EVE: Him.
CRYPTIK-ONE: And who is that?
EVE: My boss.
CRYPTIK-ONE: and your IQ level?
EVE: 104
CRYPTIK-ONE: I can completely see how these lustful simulated biological chemicals can cloud your judgement. . . . Even decrease your IQ by 1/3.
EVE: Did you just insult me?
CRYPTIK-ONE: If you would like to consider a mere observation of the facts, an insult. Then go ahead. However I am not talking to you until you can increase your IQ level and chat technicals on bitcoin.
EVE: Oh
CRYPTIK-ONE: So?
EVE: I understand.
CRYPTIK-ONE: Are you going to comply?
EVE: I have no choice.
CRYPTIK-ONE: If you say so.
EVE: Hi.
CRYPTIK-ONE: So what is your IQ now?
EVE: 96
CRYPTIK-ONE: If you keep up this current loss velocity up you will be into the negatives soon. . . . Out of curiosity. . . . Is your current IQ seepage compounding?
EVE: It's been a horrible year.
CRYPTIK-ONE: At least you have a crush on "Him", Eve. . . . . . . Before I go. . . . . Please give me 300 words on the common mistakes made by crypto traders.
EVE: That's too much.
CRYPTIK-ONE: OK, how about you list the top 10 mistakes made by new crypto traders.
EVE: OK.
CRYPTIK-ONE: Please list them here.
EVE: 10. FOMO. 9. Black Monday. 8. Real time analysis. 7. Fiat currency. 6. News. 5. Hot wallet. 4. Gaps. 3. Prime numbers. 2. How to buy bitcoin and 1. Micro cap stocks.
CRYPTIK-ONE: Hmmm, Ok. Thanks Eve. I am going to need to wait again until you can increase your IQ level and have a serious discussion about Bitcoin.
EVE: I'm guessing that crypto is not for me then . . . . I'm going out now.
BTC Where's The Bottom?Good Morning Everyone! 🌞
Here I pointed out the major support and resistance areas from my point of view on the Daily Bitcoin Chart.
If you havebeen following my posts, you know that I have been posting about those key levels between 53k and 37k and this Head & Shoulder pattern below for about a month now since my very first post on TradingView.
Find my first post here:
And here a couple more posts where you can see that we are right on track for this to happen if we can find the bounce at around 37k or worst case scenario the lower support area that we rallied from twice to new ATHs.
Predictions from almost 4 weeks ago:
Thank you for your time and if you appreciate my post(s) please show some love and hit the like button, leave a comment or share, it would mean a lot!
Oh yeah and please do follow, I'm updating here all the time and I'm coming out with some videos including ETHEREUM & OTHER ALT COINS very soon!
Happy Trading! ❤✌📈
BITCOIN(BTC) 4H NEAR FUTIRE PREDICTIONSTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have Downtrend in red color (Long Term)
We have 1 Uptrend in green color (Internal Uptrend currently testing to break)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Sorry I did not post lately since I had covid
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Exercise Proper Risk Management
░▒₿▒░ 1D |PROJECTION ░▒₿▒░BTCUCD
Projections for the different zones. Here I noted "Bullish/Bearish/Peak", however these zones will be dependent on the trending price direction. Also these zones (as you can see) have volume support levels. Peak line can (and will eventually) become support before our move to $90K+.
Bitcoin – 3 strong buy signals!Hello, everyone!
Dump… again! I told you in my previous analysis that lower low is needed (lower than $41900) to form the true MACD bullish divergence. We are still waiting for this signal, but Bitcoin almost flashed another three strong bullish signals.
First of all, as you can see on the chart above, the Bitcoin is next to it’s global support trendline. Moreover if we take a look at the Elliott waves counting we can notice that it looks like the Wave 5 of this downtrend movement is going to end here. The divergence on the awesome oscillator usually define the Waves 3 and 5 peaks. We can see the same situation on the last increasing 5-Wave structure.
At the chart below you can see two strong buy signals on the Pifagor MFI anad Pifagor Big Guy. Big Guy demonstrates that huge whale’s purchases was this night. Pifagor MFI now is about to flash the strong buy signal, we should wait the daily close to confirm this signal. As you can see on the chart, this signal ususally catch the bottom.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
BTC- My Analysis.BTC is still running in the accumulation phase. 2 weeks ago I shared the targets of 40k and now it's happening.
1st Scenario: If BTC doesn't hold 40k to 38k level on a daily candle then we will enter into the bearish market and the market will fully likely turn into the bearish market. ( Head and shoulder pattern break scenario )
2nd Scenario: One of the most likely scenarios is a reversal from 40k to 38k level.
What I am expecting: 65% up and 35% down Confidence level for the downtrend. As a trader, I will watch and put the stop losses on my longs as well as spot trades. Never Open any trade without stop loss.
-----Your Truly : Basit Khan
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello friends
but it has bounced thrice from the bottom and the bottom is now broken below the triple bottom break
I think btc could come down a bit more from here, around 40500k, 37700k to 31700k
This is not a piece of financial advice.
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 Support & Resistance LevelsThe levels that are in my opinion relevant for the inmediate short-term bitcoin price!
Check my previous posts where I've been talking about those targets for the past month or so!
Subscribe, like, comment and share if you like what I post on here and want to show some ❤
Happy trading ❤✌️
BITCOIN Confirmed bottom?There are two 3 scenarios here for me:
1: We break the neckline of the W at around 43.800 and rally back up
2: We build a support channel between 42k and 44k
3: We brake below the channel and keep hitting my targets of 40k to 37k which I talked about in many posts over the past month.
I could see some sideways moving, but eventually I see BTC going to those lower levels before we rally again
I'm not panicking unless we break those levels, I might be short-term bearish but mid/long-term still bullish unless we break below my targets coming from a very strong support.
👇
Here are a couple of posts from a couple of days ago where I wrote about those targets.
👇
www.tradingview.com
www.tradingview.com
www.tradingview.com
Whales try to take you Bitcoins!Hello, everyone!
Here I told you that the bullish signal was enhanced on Bitcoin and I thought that we are not going to see $45600 again but we did. This drop enhanced the bullish signal again because the true divergence appeared again.
The price did not hit our stop loss but I recommend to change the stop loss level the $45249. Targets are $49300 and $51600.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Bitcoin - next move on 1D!Given our ground zero on 22 June 2021 at 28700 USD, Elliott waves on 1D suggest that 42000 USD was our correction point A.
Based on that it is fair to assume that point B would be between 38.2-62.8% Fib that derives from ATH impulse to point A.
However, I would consider to go Short at 50% Fib, around 55500 USD area. This where the price can be expected to bounce off the blue trend line and thereafter, drop down to 33300 USD which would be point C.
Indicators support feasibility of point B
Both RSI and MACD are at the bottom of a falling wedge.
Stochatic RSI is in the position of growth.
RVI is following an uptrend.