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Btcusdtlong

BTCUSDT long position#BTCUSDT While analysts are trying to understand what's next, we can simply aim for 28,000. I'm currently looking for an entry point into a long position. ✔️ We've seen a fairly rare expanding wedge pattern (bullish model) forming. The pattern is quite beautiful and it can be worked with. There's also a global ascending channel. Additionally, if you pay attention to volume, you can notice a total domination of purchases. ❗️ Briefly about the situation. A pullback to the range of +/- 20-21,000 is also possible, as that's where an accumulation zone was formed before the continuation of growth. I'm publishing a highly probable scenario for further price movement. The target remains at 28,000.
Long
by CHOWTRADE
2
BTC LONG!BYBIT:BTCUSDT.P BTC needs to break and hold 22.7k level for upside and possible breakout of $25k level. We build ideas from support. Possible entry at pullback "zone" - look for fake out with entry trigger via bullish candle in this area for upside. Chart shown is compressed to provide more holistic view. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. SPX has had a good bounce off the 200 Daily so pullbacks will provide entry ideas for BTC at pullback zone.
Long
by imr4nkh8n
Bitcoin Move to 150K on a monthly predictionHey guys, Here's a monthly chart on Bitcoin, keeping it way too simple. (: I believe the major bull run to 150K area will begin only after the test of 10-12K area. There's even a possibility of a wick to 6-7K when that happens. Remember this is monthly chart. The chart and the drawings on it speaks for itself so I won't go into details that much. In 2023, I'm assuming these drops and in 2024, we'll begin the moves with the halving helping the moves as well. So I've selected investment strategy as short for the time being when publishing this idea but in long term it's still long. PS: This is not a financial advice! Always DYOR. Cheers!
BITSTAMP:BTCUSDShort
by koklucinar
1
BTCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) My last futures pos was closed in breakeven, spot i still hold with entry(18150) and stop in breakeven. There are 2 options on the chart: yellow: we will have a flat correction in the form of a triangle (as long as the price is above 21400), since we fell in a zigzag from the top, blue: there will be a deeper correction in form of a double zigzag with a 20k retest + closing the gap there and only then growth will continue. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
BITSTAMP:BTCUSD
by trytofeelpositive
11
BTC/USD market commentary on 3/3/2023On the daily chart below, we can see that the buyers failed to break the 25K level with conviction and gave way to the sellers. The top came exactly at the previous August 2022 high and the divergence with the MACD signals that the price is likely to fall back to 21500 level which is the first target for the sellers. There was some uncertainty in the market given the talk of seasonal factors skewing the economic data based on the month of January, but since the S&P Global US PMIs are based on the recent month of February and they came out strong, the market got that extra confirmation that things are really turning for the worse. On the 4 hour chart below, we can see that the price has pulled back a bit into the 50% Fibonacci retracement level and it’s now eyeing a breakout to the downside of the counter-trendline. The breakout will be the signal for the sellers to start piling in with the target at 21500. Yesterday, the market got some bad news again from the ISM Manufacturing PMI which showed a notable bounce back into expansion of the “priced paid” sub-index, used as a proxy for inflation. The market is increasingly worrying of another wave of inflation and a more hawkish Fed. These are bearish developments for the crypto market. On the 1 hour chart below, we have a more closer look at the near-term price action. For the sellers the breakout of the counter-trendline is the one to watch, while for the buyers, the breakout above the 24000 level would give some hope for another test of the 25000 top. Tomorrow, we have the ISM Non-Manufacturing PMI which is another key economic report. Strong readings will push the prices even lower, while weak data may give the buyers some relief. Recommendations for trading BTCUSD: SELL BTCUSD ( 24.200 - 24.000 ) Stoploss : 24.600 Takeprofit 1 : 22.700 Takeprofit 2 : 21.500 Takeprofit 3 : 21.000 BUY BTCUSD ( 20.800 - 21.000 ) Stoploss : 20.500 Takeprofit 1 : 21.700 Takeprofit 2 : 22.300 Takeprofit 3 : 23.500 Note: Always install TP and SL in all cases
B
by DNAchampions
BTCUSDT Elliott Waves Analysis (Local Expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Entry: market and lower Targets: 25 - 26 - 27k after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . cancellation of scenario - 21500 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
BITSTAMP:BTCUSDLong
by trytofeelpositive
11
Bitcoin exit of wedge and can continue move upHello traders, I want share with you my opinion about Bitcoin. Watching in the chart, we can see how Bitcoin the exit of downward wedge, and started moving up. Subsequently, the price decreased and retested the buyer zone, from which bounced back and begin to rise. Currently, the price is above the buyer zone and may continue move up. Bitcoin can continue to grow and reach the resistance area. Based on this analysis, I decided to set two targets at 24,300 and resistance area 24930-25250. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
15
BTCUSDT daily support held well , the bounce has strength The 4h + daily support has held the price very well. The daily candle is also looking very nice and with strength. The likelihood of the price to move further higher is quite high. Though price is currently at resistance and might face a bit of pullback, the outlook is looking bright for the long side. I am on travel since yesterday and yhats why no chart updates. But I will try to find some time and post some analysis with direction and target from my phone of possible. Till then enjoy the BTC moves.
Long
by angela_altair