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Btcsignals

BTC bullish divergence (Daily)Bullish divergence confirmed on the daily , short term target would be most likely to the fib level at 52500. As you can see on the Daily RSi we still inside this triangle, been following the RSI on the daily now for more than one month still no brake to the upside. Fib time zones give me the date May 31st , could we finally brake this triangle on the RSI this date? it is possible, fib time zones surprise me every time , also something else to note is that the bitcoin price is under the NVT which is very rare take a look. charts.woobull.com
COINBASE:BTCUSD
by Sporia
5
BITCOIN formed 4H MA50/100 Death Cross. Bottom or new Low ahead?Bitcoin experienced a sharp sell-off yesterday fueled of course by Elon Musk's fuel consumption tweet. BTC has been here before Musk and will be here long after Musk. Such events have acted throughout its history merely as catalysts not to change a strong trend (such as the strong Bull Cycle we are in) but just normalize it within tolerance levels when it starts to diverge much from what's considered "a standard". So let's get back to what really matters and focus on the technicals. ** MA50/ MA100 Death Cross on the 4H time-frame ** As mentioned on the title, the MA50 (blue trend-line) has just crossed below the MA100 (green trend-line) on the 4H chart, forming a technical Death Cross (DC). That is typically a Bearish Pattern because a short-term MA crosses below a longer-term MA. However it is interesting to see how this has played out, as that is not always the case. On this study I focus on the MA50/100 Death Crosses after BTC broke above its previous ($20000) All Time High (ATH). ** The role of the RSI and LMACD ** In doing so I will use the help of the RSI and the LMACD as depending on their values, the outcome of the DC changes considerably. So, as you see on the chart: # The 1st DC was formed on January 19. The price then dropped more to a new Low (considerably lower) in the next 3 days. When the DC formed, the RSI was way above its Support Zone (green zone). The LMACD has made a Bullish Cross just before the DC. # The 2nd DC was formed on February 28. The price made a bottom exactly there and initiated a new rally to a Higher High. When the DC formed, the RSI was on its Support Zone. The LMACD formed a Bullish Cross the next day. # The 3rd DC was formed on March 25. The price made a bottom exactly on that day and initiated a new rally to a Higher High. When the DC formed, the RSI was on its Support Zone. The LMACD formed a Bullish Cross the next day. # The 4th DC was formed on April 22. The price then dropped more to a new Low the next day. When the DC formed, the RSI was above its Support Zone. The LMACD formed a Bullish Cross two days later. ** Conclusion ** So from the above data it can be argued that when a 4H MA50/ MA100 Death Cross takes place, BTCUSD makes a new Low if the RSI is NOT on its Support Zone and the LMACD makes a Bullish Cross either before or more than one day after. On the other hand, the DC turns out to be bullish when the RSI is on its Support Zone and the LMACD makes a Bullish Cross the following day. Bitcoin has formed that MA50/100 DC yesterday when the RSI was on its Support Zone. The LMACD will complete the Bullish Cross on the next candle, so that is one day after the DC itself. This situation is similar to the 2nd and 3rd DC sequence, both of which formed price Bottoms and initiated rallies to new Higher Highs. What do you think? Will this be the case now as well or BTC will make a new Low? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSD
by TradingShot
67
BITCOIN - last chance of getting in or out?Hello buddies, hope you all are doing well. Let's talk about Bitcoin price analysis, I'll try to keep this update as short as possible as easy to understand so let's dive into it. As you can spot a rising wedge pattern in a chart, the price keeps moving in it. We can take this as a neutral pattern because sometimes it's been a bullish pattern and sometimes completely opposite so for now, we will watch as a neutral one. In this chart, this pattern can lead price in any direction depends where it break on the upside or downside. I didn't mention one direction of price because honestly, I don't want to give you fake hope. I added the possible target of price in both directions so if you see a breakout you can assume that price range. ( price can go even higher or low depends how strong the trend will). Please watch the chart and draw the same on your device and keep monitoring that. OTHER MAJOR THINGS AM CURRENTLY LOOKING AT 21 WEEKLY MOVING AVERAGE one important factor of every bull market is 21 WEEKLY MOVING AVERAGE which is currently at near 48000$ - in every bull cycle this moving average act as a strong support - in every bull cycle when the price hit this, it went higher than expected - if price come to near this moving average it becomes the good entry point to ride the rest of run On the other hand, if the price closes below this average then it is a sign of reversal in market. ------------------------------------------------------------------------------------------------------------------------------------------------ TOTAL MARKET CAP Total market cap is another important factor to pay attention to. total market cap drives the complete crypto market. While writing this it sitting at 2.43$ trillion which is a sign of strong money in the market. But keep in mind it's at the peak of the channel in a chart which can be a reversal sign in market cap. If we see any bearish movement then that will be a confirmed sign of reversal or possible correction in the market. Am telling this because just want to grab your attention towards this in case you are missing this factor. So that's it for today's idea, it's my personal thought on the market and not financial advice. It's about to give you a picture and scenarios of the current market. Please do like and follow for my small effort :)
COINBASE:BTCUSD
by meshbtc
4
BTC, Bitcoin - we can buy BTC only in this case...As u can see on a chart, every low is higher and higher. And it's a good moment for everyone who waits for a new ATH from the coin. But it doesn't mean that we'll do that. I think that a good entry point will be after squeezing to key level, breakout, and retest. But I would rather the price continued its movement in the local range in order for the altcoins can realize their potential. Let's see... Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
55
BTC, Bitcoin - we haven't a volume for growth😳. What to do?Despite the fact that the price is in an upward wedge, I don't see why we should break through the strong resistance level of $60,000. There are no volumes right now. I think it is more likely that there will be a drop. Technically, that's what it looks like. But anything is possible. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
59
BTCBreaking out of falling wedge pattern and also stuck under strong resistance from the daily Super Trend sell print. Hard to say TBH, The Stochastic RSI on the daily is screaming sell and buy the daily TF dip. But the LTF's keep building Higher lows and grinding higher. I think if BTC doesn't nuke here that the daily stochastic RSI can stay overbought for many days even a week or more B4 any drop and we could get our long awaited push to $75k. Also the weakness in the DXY could be the missing piece the BTCs elusive pump that we've been waiting for. IDK just my thoughts, we should be in Hold positions only and not Lev trades IMO. At least that's my 2cents. If you r just in hold trades these moves r just hard to sit through during the dump but we don't get whipped out either. GL guys Big Mike loves u!
COINBASE:BTCUSD
by Big_Mike716
1
BITCOIN accumulation. Get ready for the next launch!Quick update on the 1D time-frame. This is an important finding that shows Bitcoin repeating a process which last time we saw it (September 2020) it paved the way for the late 2020/ early 2021 Parabolic Rise. As you see BTC has been recently consolidating roughly within the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). At the same time the RSI is also trading sideways after a strong rebound right above the 30.000 level, while the LMACD is rising on a Bullish Cross after a rebound on the -0.03 level. Last time those parameters took place all together was in September (and early October) 2020. BTC was again consolidating within the 1D MA50/ 1D MA100 zone, the RSI was also trading sideways while the LMACD was rising after a bounce on -0.03. The only difference is that now the RSI is still below its Lower Highs trend-line of January, while in September it had already crossed above it. Needless to say when that happens, it will be an extremely strong bullish break-out signal. But even now, it is more than obvious that this 1D MA50/100 consolidation is an accumulation process that is seen before major bullish break-outs, same as the October break-out. So what do you think? Are you ready for a similar pump? Is this consolidation the accumulation process before the next launch? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSD
by TradingShot
66
BTC, Bitcoin - new update💥Bitcoin has a chance to form a good breakout pattern. I don't think about trading BTC right now. But if the price starts squeezing near to the resistance line, it will be a great reason to think about the breakout and open a long position. Now I keep waiting. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
32
I ANALYZE FOR YOUR COMFORT - BITCOINI anticipated the King's route a few days ago, and that's exactly what happened. I did not add any lines, any indicators on the current chart. As we predicted, BTC consolidated for a few days, today, as it can be seen, it will leave the consolidation range, starting in the pursuit of Doge, angry as if on the increase of the last one. Long BTC! If you like my analysis please like and follow. If you want other tools analyzed, leave their names in the comments, and in the next hour I will publish the analysis. Everything is green !!
CME:BTC1!Long
by Viorex
1
BITCOIN 5 MAY PRICE PREDICTION (shortly explained)Hello folks, hope you all are doing well. Quick and short update for you if you are getting confused at the current price movement. While writing this price is trading at 54290$, this area is a demand zone with some good support. All tho we can see the price hitting the 52k mark to 'low retest'. If we get there then bounce is highly likely from that area ( also 100MA support in daily) and that will be a good long entry with proper stop loss placing. But if think we can see a reversal from here and don't want to miss an opportunity, you can buy partially and add more in dips. As always trade safe and use low leverage with stop loss :)
BITSTAMP:BTCUSDLong
by meshbtc
BITCOIN the CCI and Channel's middle trend-lineJust a little something that came to me while examining BTC's March and April's sequences. I will be brief. ** The Channel Up patterns ** As you see two Channel Up patterns stand out. Common characteristics on both are (primarily) the behavior of their median (middle dotted trend-line), which first acted as Support and then as Resistance and the MA50/ MA100 Death and Golden Cross formations on the 4H time-frame (the former marked a dip to the Channel's bottom while the latter marked the uptrend to its Top). ** The CCI ** I've also included the CCI (4H time-frame) in this research. Why? Because I've found a key trend-line (205.00). As you see, this trend-line has supported 6 times since March 21. Out of the 4 times it failed to support, on 3 of them, BTC made a Lower Low. The only time it didn't (April 03), was because the 1.0 Fibonacci level held. When that broke, the price dipped to the 2.0 Fib extension. ** Conclusion ** This gives a small hint for Bitcoin on the short-term. Right now the CCI 205.00 Support has been (marginally) broken. That means that if the 1.0 Fib breaks (52300), then the price may break towards the 2.0 Fib extension (46400), which is roughly the April 25 low. If the 1.0 holds though, we are more likely to see a controlled rise towards the Channel's middle trend-line again. Which scenario do you think will prevail? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> alanmasters --------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSD
by TradingShot
18
BTC, Bitcoin - will we grow yet? Read in the post👇🏻Will we grow yet? No one knows the answer to this question. Anyone who says they know is lying. In this post, I want to give you an example of "Bullish engulfing" which formed weekly bitcoin candles. This model symbolizes the upward mood of the market. A lot of times I used it for understanding that the price will grow. Let's see what will be in this case. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
28