$BTC Update 15m Chart - Fake Pump? Will Continue or reverse?Hi trader, this is an update to the last Trade Idea for #Bitcoin,
There is a possible Adam&Eve Forming which lead to the 40800$ level if the pattern successefully confirmed.
If you bought at 41700$ I suggest Moving your StopLoss above your entry, or at Break-even, or even taking some profits.
Remember, the pattern may fail, if this happens and we break the 43400$ Level, then I will be buying with a StopLimit too at 43400$, second entry confirmed with a stoploss at 41600$ (1H close below 41600$).
DYOR, & Good Luck.
Let Me know what do you think in the comments! Press that Like button too.
Btcidea
BTC bearish bat target $42,057Price action is attempting to form a bearish 🦇 on 2 hourly. Completion of this harmonic will be at $42,057, Invalidation of this will be $43,311. FOMC news had a very temporary effect on price action and afterwards we were bombarded with good news for future of crypto which pumped the market back up almost in an hr. Now we are back at R/S game. Bearish trend is still intact until we take over $46k on weekly.
BTC Deep Crab Target $41,877BTC is in process of developing bearish deep 🦀 harmonic, Completion of this will be at $41,877. We have bullish divergence of RSI and VWMACD on daily chart which if plays out then chances of hitting $41k are quite high. Now fundamentally, We have FOMC meeting tomorrow regarding interest rate hikes so we may see volatility today/tomorrow.
BTC is making bullish DEEP CRAB!!!BTC is in the process of developing bullish deep crab harmonic on hourly. This is somehow in confluence to bullish butterfly harmonic from yesterday which completes at $35,707. So we can possibly see some bearish price action before a leg up. We have weekly closure in 12hours from now so further development in price action will be shared upon closing of candle.
Either break it or leave it!As I mentioned in my last idea when BTC was around 38-39k that the shorts will be trapped. Now we are moving in the next range and it is time to break above 45-46 which has become a strong area of resistance. If it does not break, it validates that the market will go short. Personally, I expect a trend until 52-54k and then we head back to downtrend again. I do not see a new ATH.
Short term trade on Bitcoin!Bitcoin was rejected from 45K again and started a downward trend, but for now you can go long till the box in the chart. Don't forget that this is a short term signal and after that it will start a downward trend again. So this is just a correction!
For Iranian: In tahlil kootah moddat hast!
Goodluck guys!
According to Bitcoin analysis,it can have a target of 75k to 85kMy opinion as an analyst is that currently Bitcoin will fall to around thirty-three thousand dollars and will get energy, then in the first part it will have a growth up to around fifty to fifty-five thousand dollars, and again because it can not cross that point. The fall will be around the price of forty-five dollars and then at that point, with the formation of an inverted head and shoulder, it will move strongly towards the second target and break the first target, the second target can be around seventy-five thousand and above around eighty And five thousand dollars.
This is my opinion and it can be wrong. Please do not buy or sell on this analysis.
BTC Updated ZonesThe 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
2 for 2 with bitcoin shorts today! Riding it down caught the wicafter taking partial profits on my 1st BTC short i moves my stop loss into profits which was triggered when it wicked up, which is why its always smart to take profits along the way and move that stop loss into profits to make it "risk free"
After a massive surge up i felt like it wouldnt sustain above the ascending trendline so I jumped in with a larger trade than the previous short. I already closed about 50% of this short @ 37500 letting the rest ride.
What if BTC went to $10k-13k, bounced and went to $100k? An ideaHere's a longer term idea I'm playing around with and my reasoning for it:
When price broke $13k, it tested it 3 times prior to breaking through resistance and on higher time frames, never retested the level as support. On top of that, price rose really quickly after breaking out, unlike the normal start to a bull run where price rises slowly and then accelerates towards the peak.
Because of that, I could see price coming back to test the $10k-13k supports sometime this year before resuming the bull run. What also leads me to believe that this is a possibility is that the charts of other major crypto currencies like LTC, ZEC, etc., also look to me like they want to correct to the mid double digit ranges which makes me believe that Bitcoin would need to fall much lower for that to happen.
This is just an idea for now, but I think the probability of it playing out gets greater if BTC can gets under $25k at any point.
BTC set UP TIME FRAME 1 MONTHLYThis TF1M look at arrow, key candle at January 2022. if candle close at above 42.629.001$ need candle in Februari break closing 48.000$ after is BTC still not healthy, need confrimation if want brekout, because BTC must closed price above at 52.930$. and continoues bull , if BTC failed close 52.930$. and only Close priceat 50.830$ this is very dangerous . becaus HNS Formation created in TF1M . this very importan, and break down go to 22.000 $ -17.220-16.609 $ , if BTC can created Engulfing in Febuari - March 2022 BTC can MOVE rally to 83.000 -85.000$
Bitcoin: Momentum Buy? Bitcoin - Intraday - We look to Buy a break of 43626 (stop at 42876)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Neckline resistance 43600. The bias is to break to the upside. Our outlook is bullish. Offers ample risk/reward to buy at the market.
Our profit targets will be 45688 and 46688
Resistance: 43600 / 44000 / 45000
Support: 42500 / 41500 / 40500
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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
Is BTC Bull Run Over? Check This Out!After Bitcoin broke it's previous ATH we saw a steep correction. This was due to many factors like the sale of nearly 4k BTC, the S&P 500's downtrend, Evergande's recent default, the new variation of the bug, and recent regulatory/taxing decisions made by the United States government on crypto. Since then we saw a strong recovery from the S&P 500 after bouncing off its 100 Day MA and breaking past its resistance at 4657. This brought enough confidence into the market for BTC's moon mission to continue. Why am I so convinced? Check this out. Here we have BTC on the weekly. A clear line of resistance can be seen followed by a breakout, then retest. The same goes for the RSI.
Comment bellow and let me know what you think.
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Bitcoin Entries + Exits FOR FREE!The ENTRY/TP zones are your entries as well as your exits.
Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break.
Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule.
More info on the strategy and how to play it:
How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
BTCUSD 2022 is gonna be hell for whoever is still holding on btc as an investment, thic coin is crushing down probably to $30k/$20k or more.
there is a huge divergence between the two HH on the daily and on the 4h too, it went bellow the 200ma, forming new structure, heavy bearish momentum.
frankly if btc went and retraced to 52500.00/0.618 fib with a touch of the trend line and one of the ema's wth low bullish momentum iam strongly selling.