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Bottom

BITCOIN Bottom Options!Good Evening Everyone! 😃 I want to give you two different options for a Bitcoin bottom. It's all in the chart, to the upside 📈 and downside 📉! The moving averages used are: Black 200 week SMA, Orange 100 week SMA, White 50 week SMA . 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 ✌♥📈
by DeFeye
BTC WEEKLY CORRECTION... UPDATEThis is an update from the afternoon of 02/20/2022.. if you haven't seen it, see the post with all the description and techniques used: -CORRECTION-trading-strategy/ WEDGE DESCENDETE AT 1H FORMED!!! Upon entering the turmoil zone where there were a large number of waves, BTC formed a descending wedge pattern, a pattern that usually breaks out to the upside. DESCENDING WEDGE. Trend reversal pattern where the asset loses funds but does not continue to fall, generating a depletion in the buying force. This pattern was formed in the price turmoil zone and on the oversold RSI. It took an update in the price entry zone sideways before entering the oversold zone on the RSI, which pulled it further down, sorry I wasn't home to post. Now I continue operating this pattern by making entries at the base of the wedge, taking 10% profit on the resistance of the wedge and if there is a continuity of fall I add this profit to the base again to have the best average price. I canceled my stop and now I will accept the stop loss if we miss the bottom of the wedge. This pattern is the same as when I took the bottom of the monthly, previous post, where when entering the buy zone it formed a descending wedge and broke up.
Long
by RodrigoHonorioUK
BTC WEEKLY CORRECTION... trading strategyhello Below is an analysis of BTC for the next few days, the idea is a short swing using the bottonm fishing risk-return 4.19 strategy. Indicators used *Fibonacci retracement *12 and 26 period moving averages *MPVR *RSI levels Current Scenario BTC comes in a strong rally on the weekly chart, so in this period it has to correct. Believing that this low is just a weekly correction. SPY also contributing to this correction in BTC. How I analyzed I begin the search for the bottom of this weekly correction that occurs when the 4h RSI enters extreme levels. Using RSI lvls I marked this region with a yellow box. Now using the MPVR, I look for regions where there was strong market movement in the past to establish as support, the green and red box, where it coincides with the extreme level of the 4h RSI levels. Using the Fibonacci retracement on the weekly rally, it shows the golden line at the value of 38000, a strong psychological number, which is exactly in the region that the other indicators show. I would like to say that I use Fibonacci only as a mere reference but not as a criterion. Conclusion ALL indicators point to the 38000 region as an excellent buying point, I am dividing my capital into 5 orders of equal values ​​ranging from 38000 to 37500 (another strong resistance observed in the MPVR), thus seeking to take the stop orders and get the best average price. The STOP will be at 35990, a little below the 36000, a strong psychological number, from this point on, according to the TRDR (I don't have it but I've seen it from other traders) there are no more significant orders, that is, the price would plummet. The final gain is at 44000 when the 1h RSI would enter an extreme overbought level and the 4h would enter an overbought as well, in this region according to MPVR and TRDR there is strong resistance. I will start taking profit when we reach 41900, when we enter a strong resistance zone according to the indicators, I will exit with 60% of my position and I will peel until the final profit. Heads up Be careful with the news about Ukraine, which has been affecting the market more and more but still does, and the SPY. BTC dominance is falling even in this uncertain scenario, which is strange to me and I'm looking closely. GOOD TRADES TO ALL... doubts and suggestions I am available.
by RodrigoHonorioUK
Bitcoin: Building support at 43,600 necessary for attacking 45kWith simplicity on the chart, it looks a lot like Bitcoin is building a necessary support at ~43,600 which is necessary for the major attack to finally conquer ~45,000 If the past 2 weeks we haven't seen much clarity on the charts, unsure were all of this is going, we now finally start to get a sense of the general direction. It is most likely we have already seen the bottom. Most of us can agree that we are massively oversold, and it is more likely we will go up than more down. 45,000 is the nemesis. Conquering this price level is most probably the final milestone before entering ~50,000
Long
by UnknownUnicorn35305092
1
Weed stocksTLRY, CGC, SNDL, ACB So far this year looks like the weed stocks have found a temporary bottom. Most are curling off the bottom. TLRY has lots of resistance above but last few days has been pushing with increasing volume. Just keep an eye on them if they really start squeezing. Most likely will be looking at some calls this week to see if we can get some follow through. Of course it has been in a nice downtrend overall for over a year but I do like what I have seen last few days.
NASDAQ:TLRYLong
by InvestBro13
Bitcoin testing previous support levels in search for new bottomAfter several attempts to break through the ~45,000 price mark, Bitcoin is now testing previous support levels in search for a new bottom to bounce off of. At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000. In terms of trading strategies, it is recommended to be neutral as bears and bulls are fighting for setting market trend, and momentum.
by UnknownUnicorn35305092
2
BTC 'Top Bottom' Indicator AreasStarting from 1 June 2015, there have been 20 'sell' signals on the Top Bottom indicator (not including the most recent signal). Fifteen out of 20 periods from 'sell' to 'buy' signals represent negative price changes. Here, these periods are defined as the daily high on the day of the 'sell' signal to the daily low on the day prior to the 'buy' signal. The descriptive statistics of these periods are below. No. Days: Range = 5 to 151 Median = 33.5 M = 44.6, SD = 35.1 Per Cent Change: Range = -45.36 to 10.12 Median = -7.21 M = -11.06, SD = 15.68 Currently, we are on Day 66 since the latest 'sell' signal. The three grey boxes run from Days 45-80-115-150. Statistically, there is a good chance the current period should end within two weeks and an even greater chance that it ends by mid-March. The daily low on the final day of the current period should fall within these ranges. The numbered candles are merely examples.
COINBASE:BTCUSD
by bjames123
SOLUSD | The beginning of the bullrun or of the end?Hi everyone, First of all, as this new scenario goes up we are surely on our bottom of the wave 2 so much awaited. In this case, we have corrected the first Solana wave between 0.618 and 0.786 of the Fibonacci retracement , so we can say that we probably have reach our bottom at $80. However, let's be careful since it is not unlikely that we will correct beyond that to go for the 80% retracement. To conclude, we can see that bullish signals are starting to show up, which supports our scenario. However, I believe we have already corrected a lot, which gives us the opportunity, if we do the dollar cost average, to smooth out our entry prices. We remain focused and above all we remain cautious. Let's give Solana time to validate this analysis. If you agree with this scenario let me know with a like. Otherwise let me know your point of view with a comment, thank you ! (This is my own hypothesis and in no way suggests a buy or sell advice.)
SLong
by MelvinGst
AXSUSDT 4HOUR CHART Triple Bottom Chart Partner AXSUSDT Coin formed a triple bottom Setup in 4hours Chart 1= a triple bottom Setup broke out from $55 trend line resistance. so this setup active when break 55 level 2= The difference between the third bottom and the breakout point was about $10 3= which translated to a take-profit point of around $61 & $65 n the upside. 4= The stop-loss point could have been placed at around $45.50 to limit downside risk as well. Hope you like the Chart Setup Do hit the like button if you like it and share your charts in the comments section. ~ Attention : this isn't financial advice we are just trying to help people on their own vision. ~ Happy Trading ~~ Thank you ! Namaste .
by Wolfetrades
Crypto History repeats As you could see ,there is a hidden signal by crypto market The current move all of a sudden is due to price action and price mapping of the last fall. 1. there was 55% fall last time from peak and the move up started ,now we see the same instance completed that 55% fall from next peak occurred hence the price is now moving. 2.In short term the price will be moving upwards close to 44k 3. On the longterm hold enough CASH to get BITCOIN BTCUSD in 29500 level. 4. Putting all the money at this peak ,leaving empty handed for no investment 29500 will be an oppurtunity miss. What do you guess, leave your input in the comments....
CME:BTC1!
by MarxBabu
1
A Flag close to the bottom ZilchA Flag close to the bottom Zilch...... The facts about VRA: It is Ranked 445 according to Coingecko CAP list. It is 905.42% since All time low. However it is only -76% SINCE ALL TIME HIGH. This VRA with its Licence & Patent which enables them to generate money providing services and solving real issues out there, this is a coin I have been looking at with great patience. This is the key word here, patience. VRA's price might undergo a consolidation sideways movements without giving us anything, nothing to be too much exited about. However once we study understand the project, we are able to understand why this coin has gone up 900% during the last couple of years and the existing charts are not designed to show movements around Zero and 2 Cents the same way it shows huge candles between two and eight cents. Please, take it easy. Do your own research and remember: This is not financial advice.
V
by Claudio18
LONG 2460 TARGET 4K and aboveare you aware of the 60 days dump cycle? if not google it or tweet, or just open your chart put up a daily time frame or weekly, you will notice that on average there's a 60 dump cycle on crypto. So what now? THAT CYCLE ENDS THIS WEEK AND MY BET IS THIS MIGHT BE A LOCAL BOTTOM. I'm not talking about capitulation which might happen between april and may, remember the sell in may say? So howw do we play this ? First price is trading above 4hr pivot and 5 hr pivot , in in 2h we'll have the us open. I assulme that you have enough funds to play this so enter now 2 eth position size with stoploss around 1950. I know it's quite a huge stoploss but you have to play it safe. keep that stoploss until 6pm france time could be if we're still trading above pivot you will put your stoploss , i will update about it. so the play is long now but not much just 2 eth, then you'll add on the position in 4 hours; remember risk managment is key; it's one hing guessing direction, almost everyone does, but actually trading the direction is another pair of shoes; my idea is to run the position up to 20 eth position size but i'll go slow and keep adjusting the stoploss , for now let's start small and go with 2 eth before us open
FTX:ETHPERPLong
by Rey2010
BTC - Can we call a bottom? Maybe... here's why.Our recent downtrend line (dashed red line) has been caused mostly by interest rate hike fears (and Matt Damon...), and on January 20 we ran straight into that downtrend line with an RSI at 30 and a down swinging MACD. Stock market risk assets still selling off, Russian bank suggesting a ban of crypto, etc. There was some support around $41k and we were already below the main moving averages, but support in crypto is fickle and risk-on markets are rarely the first to buck the trend when the Fed is changing hawkish. This week is different. Rate hike news has more than run through the market and oversold indicators are ringing. The last two times we saw an RSI like this (mid teens a few days ago) was May 2021 and March 2020, both times just before explosive upswings. The MACD is in an upswing and we're way below the 200 day MA. The stock market is showing signs of an oncoming bear to bull reversal (see the the semiconductor charts, and follow Google's earnings this week). Crypto miners are moving from Russia just like they did with China. And look how far back this trendline goes... I believe our next leg down would hold in the 29-32k range, but I think it's time to add starting now, and thats what i'll be doing. I think the long term bears at this point are either betting on $30k or $0, so they're all-but washed out by this now. Usually I'd wait for a double bottom, but soon after we break this downtrend, I believe its going to be a strong swing up fueled by everyone from retail investors to big banks. Might be the swing that takes us to new ATH, so I'll risk a 10-15% further down to hold the possible 100-200% upside. **NOT INVESTMENT ADVICE etc etc. For all I know, Putin invades Ukraine and WW3 sends markets into the dark ages.**
COINBASE:BTCUSDLong
by TenaciousH