Get started

BTCBUSD

FIRST LONG THEN SHORTIn my previous analysis, i stated that i expected a decrease to around $ 18,000. But there is a possibility of these 2 rising moves before this fall. First to the orange point which is two different resistance at the same time. And the second it may retest the rising trend channel it broke down last week. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
by traderisso
2
➕Positive➕ and ➖Negative➖ signs of Bitcoin🤓Hi everyone.👋 Today I want to share with you a complete analysis of Bitcoin. When we talk about the complete analysis, then we have to deal with the fundamental analysis of Bitcoin in addition to the technical analysis. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fundamental ; So let's start by reviewing the news that has affected Bitcoin and the cryptocurrency market in the last 24 hours. I must say from the beginning that all the news in the last 24 hours has been ➖negative➖. Don't judge too soon and stay with me until the end of this post. Thank you.🙏🌹 The ➖negative➖ news of the last 24 hours are: Bitcoin fell below $20,000 after 2 months, and after 56 days the Fear and Greed index re-entered the Fear zone. In the 2024 US budget, Joe Biden's government has proposed a 30% tax on the electricity used to mine Bitcoin and other cryptocurrencies. New York's attorney general General Letitia James on Friday sued crypto exchange KuCoin for failing to register with the state before letting investors buy and sell cryptocurrencies on its platform, as part of her effort to rein in what she calls "shadowy" cryptocurrency companies The Hedera platform suspended all its activities after confirming the hacker attack. Blockchain.com suspends its asset management subsidiary launched in April. Huobi’s HT Token Suddenly Falls 93%, Then Rebounds Just as Quickly. It seems that the results of all these negative news in the last 24 hours have been applied to the Bitcoin chart, and I expect Bitcoin to rebound from its current price and complete its pullback to the support zone. Now that we talk about the support zone, it is better to go to the technical analysis and see what results we get. Stay with me in this section.👍 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Technical : Regarding technical analysis, let's take a look at the ➖negative➖ and ➕positive➕ signs in the chart. ➖ Negative signs ➖: Sell signal by 50-SMA and 50-EMA. Loss of 🟢support zone($21,600-$20,940)🟢. Completion of 5 impulse bitcoin waves at $25,250. ➕ Positive signs ➕: Bitcoin is moving in price Reversal Zone(PRZ). Bitcoin has reacted positively to the 200_SMA. The fall of Bitcoin to the import support line can act as a pullback to this line. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Conclusion : According to the explanations I gave in the fundamental and technical sections, I expect Bitcoin to grow to at least the lost support area and complete a pullback to this area before starting to fall again. The best area to finish the decline can be the intersection of the important support line and the uptrend line, which is the intersection of the 🟢heavy support zone($18,700-$17,810)🟢. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
by pejman_zwin
18
Bitcoin Analyze (Short Term, 15-minute Time Frame,03/12/2023)!!!Bitcoin is running near the Price Reversal Zone(PRZ). It seems Bitcoin was able to complete last microwave C on PRZ. I expect Bitcoin will go down after breaking the support line to Important support line(Weekly TF). Also, Bitcoin can make another contracting triangle by previous waves. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
20
Bitcoin Analyze (Short Term, 15-minute Time Frame,03/10/2023)!!!Bitcoin is running near important downtrend line (Weekly TF) and 200 day Simple Moving Average {200_SMA200(Daily). Also, Bitcoin was able to make and Expanding Ending Diagonal. I expect Bitcoin will go up at least to 🔴resistance zone($20500-$20390)🔴. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
4
18.2k incoming! Here's a quick look at the 8 hr . BTC chart. As we can see, the price broke below the rising channel and is currently on a mission to close the fair value gap at 18.2k! It has already closed the gap at 20k. These gaps tend to get filled at some point! Also, the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down! I firmly believe the bottom will be close to the 10-12k area. We have yet to see the last capitulation, IMO, yet! Trade Safe! ------------------------------------------- Key Dates to Watch in March: 10 Mar: US Non-farm Payrolls 10 Mar: Mt. Gox Distribution 14 Mar: CPI Data Release 15 Mar: PPI Data Release 21/22 Mar: FOMC Meeting 30 Mar: GDP Report ------------------------------------------- What's a Fair Value Gap?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Short
by MBM_Crypto
14
BTC - Bearish trend continues!Here's a quick look at the 8 hr. BTC chart. As we can see, the price broke below the rising channel and is currently testing the bottom of the support zone! If DXY keeps rallying, the support is not going to hold! There are some unfilled Fair value gaps between 20k and 18k. These gaps tend to get filled at some point! Also, the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down! I firmly believe the bottom will be close to the 10-12k area. We have yet to see the last capitulation, IMO, yet! Trade Safe! ------------------------------------------- Key Dates to Watch in March: 10 Mar: US Non-farm Payrolls 10 Mar: Mt. Gox Distribution 14 Mar: CPI Data Release 15 Mar: PPI Data Release 21/22 Mar: FOMC Meeting 30 Mar: GDP Report ------------------------------------------- What's a Fair Value Gap?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Short
by MBM_Crypto
5
Can Descending🥟Scallop🥟Deliver Bitcoin to Support zone❗️❓Bitcoin has been moving in a descending channel for several days. It seems that Bitcoin has formed a descending scallop pattern to break the support line. I expect Bitcoin to fall to the 🟢support zone($21600-$20940)🟢 and the lower line of the descending channel after breaking the neckline. ❗️Note❗️: We must wait to break the neckline to verify the descending scallop pattern. 🔔Descending Scallop🔔: Descending Scallop is a continuation pattern that forms in the middle of the downward trends, where the price continues its downward trend after that. Bitcoin Analyze ( BTCUSDT ), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Short
by pejman_zwin
13
Bitcoin can Escape from 🎪Descending Channels Festival🎪❗️❓Bitcoin is moving in a main descending channel in the 4-hour time frame, and as I expected, the descending Scallop pattern worked well.👇✅ But if you look a little more at the Bitcoin chart in the 1-hour time frame, you will notice that Bitcoin was able to create a smaller descending channel inside the main descending channel. I expect Bitcoin to break out of the minor descending channel soon and reach the support line. Bitcoin Analyze ( BTCUSDT ), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
6
Can Bitcoin Break the Support Line❗️❓🧐Bitcoin seems moving in a descending channel and is currently near the support line. I expect the support line to be broken and Bitcoin to reach the 🟢support zone($21600-$20940)🟢, the lower line of descending channel, and start to grow from the TRZ (at least to the support line is broken). You may ask why I say that Bitcoin can break the support line❗️❓ 🔆Because of the sell signal created by EMA50 and SMA50. If the daily candle closes below the SMA50, the probability of the support line being broken by the next day's candle is very high. Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
12
BTC outlookHere's a quick look at the 8 hr . BTC chart. As we can see, the price has been bouncing within a bigger broadening wedge and is currently retesting the bottom trendline. We should expect much lower prices if the price breaks below the trendline and support zone. There are some unfilled Fair value gaps between 20k and 18k. These gaps tend to get filled at some point! Also, the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down! I firmly believe the bottom will be close to the 10-12k area. We have yet to see the last capitulation, IMO, yet! Trade Safe! ------------------------------------------- Key Dates to Watch in March 🗓️ 10 Mar: US Non-farm Payrolls 10 Mar: Mt. Gox Distribution 14 Mar: #CPI Data Release 15 Mar: #PPI Data Release 21/22 Mar: #FOMC Meeting 30 Mar: GDP Report ------------------------------------------- What's a Fair Value Gap?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Short
by MBM_Crypto
4
Bitcoin Analyze (Short Term, 15-minute Time Frame,03/02/2023)!!!Bitcoin is running near the zone and support line. I expect Bitcoin to start rallying to the resistance line and, from there, to a resistance zone or back to the support zone again. 🔥More possible🔥: Bitcoin is likely to break the resistance line and move toward the resistance zone. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
10
Bitcoin Analyze (Short Term, 15-minute Time Frame,02/28/2023)!!!Bitcoin was able to break the uptrend line by a breakout candle. I expect Bitcoin to fall to my targets that I specified in my chart. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
13
Bitcoin Analyze (Short Term, 1-hour Time Frame,02/26/2023)!!!If you want to know more about my bitcoin road map that I shared with you today, look at the below post as well. 😉👇 Bitcoin is moving in a descending channel on the 1-hour time frame. If we want to look at Bitcoin in the one-hour time frame from the perspective of the Elliot wave theory, Bitcoin is near the upper line of the descending channel, and at the same time, it is completing microwave 4, and since microwave 2 was a price correction, it looks like a microwave 4 is time correction, and counting is correct. I believe Bitcoin will fall from this price range to the next support zone. Bitcoin Analyze (BTCUSDT), 1-hour Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Short
by pejman_zwin
22
Bitcoin Analyze (30-minute Time Frame,02/23/2023)!!!Bitcoin seems to be forming a descending channel, and to complete this channel; it needs to complete its zigzag(ABC/5-3-5) correction. As a result, I expect microwave B of this zigzag correction to end on the middle line of the descending channel and Fibonacci levels, and then Bitcoin will start to rise to the PRZ(Price Reversal Zone). ❗️ Note ❗️: if Bitcoin goes over $25340, the scenario will change. Bitcoin Analyze ( BTCUSDT ), 30-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
13
Bitcoin Analyze (Short Term, 15-minute Time Frame,02/22/2023)!!!Bitcoin was able to make a rectangle pattern after breaking the uptrend line. To form a rectangle pattern, it is enough to find two pivots on the top and two pivots on the bottom, and it is better that these pivots are aligned. In my opinion, Bitcoin can break the lower line of the rectangle pattern and fall to the support zone( More possible ), although it is also possible that Bitcoin will continue its way in the rectangle Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
5
⚖️Bitcoin Analyze (15-minute Time Frame,02/20/2023)!!!⚖️Bitcoin seems to have responded to yesterday's bearish move with a mirror movement. This mirror movement ends in the 🔴PRZ(Price Reversal Zone)🔴. Also, in PRZ, Bitcoin has to 👊fight 👊with Psychological Resistance Level(Round Number). Since Bitcoin has been able to break the uptrend line, I expect Bitcoin to fall again. ❗️ Note ❗️: if Bitcoin goes over $25340, the scenario will change. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
19