BTC Update Bearish shark $44,747 targetPrice action is developing a bearish :shark pattern which completes at $44,747 level. I think we are going to have a short-term bullish movement and afterwards we are dumping back to sub 38k levels. Obviously this can be invalidated if price reclaims $47k level afterwards which seems highly unlikely. This chart is self-explanatory if you want to take a short position.
Btcforecast
BTCUSDT Two trades while bitcoin price is in the consolidationOn the graph BTCUSD we all see the channel of price movement with a scope of 40% from border to border.
The price is stuck in the side and the fate of the further trend of the price movement for the months is being decided.
And while the market share is decided by the "big uncles", let me offer you two modest trades within a broad consolidation:
1. Short-term trade on the current retest of the local bases for strength and without updating the minimum
Entrance to Long $39400-39700
Stop - $38224
TP - $43974
2. Medium-term trade , entry into the position when and if the feet of longs that were gaining above the proposed procurement area will be triggered on the strait.
Entrance to Long $37100-37700
Stop - $34319
TP - $49900
And then everyone makes a decision for themselves:
- Participate in one or two trades
- what part of the deposit to allocate for the proposed trades
- or you can just watch from the side, and then either bite yourself on the elbows, missed trades with a cool profit/loss ratio or write: "And I said that will not happen" :)
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
BTC DAILY UPDATE 6H death cross SOONPrice action is moving below mid-range of a descending channel making lower high's and lower low's. So likely we will see retest of lower boundary of the channel which is $38,000.
So far btc is holding ascending trend line resistance but this will likely break down as soon as death cross occurs.
On-chain data is giving bullish signs but S&P500 being bearish and Dollar being bullish is whats making the entire crypto bearish.
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BTC update (Bullish divergence on 4h/6h)We have regular bullish divergence on 4H and 6H on RSI as well as MOM oscillator
Furthermore if we look at 8H chart we have same divergences being made but confirmation will be done on candle closure.
So if these play out then likely we will see price to make an attempt at $40500 resistance.
We are in a bearish trend so all of these small pumps will be short-lived as they are bull trap.
BTC bullish divergence Looking at Bitcoin on the daily timeframe we notice what we have been talking about the past 2 weeks is continuing too play out beautifully! We are respecting our uptrending line very well! We had a slight wick underneath but just like before we have held on perfectly with 0 closes underneath this level! something I noticed on the daily chart here with the RSI was a crystal clear bullish divergence! we had a higher low on the RSI and a lower "high" on price action, either the candle i have marked or our current daily candle could count, the only way for the current daily candle too invalidate the bull divergence would be by creating a higher high from the first point which is very unlikely too happen before our daily close! Now lets look back in time a little bit, if you guys noticed i have the exact same thing drawn out from FEB 19 to FEB 26th, we had a fall down too our trendline, held it, and then went on too create a bullish divergence that looks the exact same when we were in the accumulation phase! Lower high on PA and a higher high on the RSI. Now what happened following that bull divergence!? we flew up with a big institutional candle pushing us up for another leg! Now i am looking for something similar too happen here, we have held our uptrend line and retested mutliple times, we have created a bullish divergence! Now its time too play the waiting game! Not financial advice just my opinion!! PS. Everyone viewing my stuff on tradingview apologies for the lack of content i have been focusing on trading and putting content out for "friends" can't say much or ill get a strike on tradingview lol message me if you want too talk about that further, have a great night! talk soon!
18th April 2022- Bitcoin Road To $20,000Kuala Lumpur, Malaysia: Bitcoin will be going to lose some interest over time and the distributions are on the way.
Meeting with the crypto whales today, they agreed to release their holding. Thy are not going to bet the system.
Mining difficulties are showing stress level. No sign of recovery over next 2 months. It is better to release than holding.
This decision will eventually send the bitcoin tumble to $20,000 for next consecutive season.
As trader and retails digest the information and the news, they found that the market of cryptocurrency has changed.
The environment is just not the same back last year.
Tips: It is better to release for profit and buy it on much more cheaper price. Since there is no buy the dip quote and such quote did not exist.
We will see some environmental change by next week.
This could be the rise of altcoin season.
BTC bullish divergence on 2D and 3DFirstly we look at 2D chart and we see hidden bullish divergence on RSI which means that the price is making higher lows and oscillator is making lower lows, We take this signal as a potential bounce in coming days.
Now let us look at 3D chart, Again we see hidden bullish divergence on 2 oscillators which are CCI and CMF. Again this is another strong signal that bullish momentum will resume from here.
Market has never been this confusing as now. Charts and on-chain data shows that we are ready for a massive bull trend whereas macro economic factors suggests otherwise so this could possibly be a bull trap. Let us wait for weekly closure and then will further update.
░▒₿▒░ ⚡BITCOIN | FORECAST~15 ⚡░▒₿▒░INDEX:BTCUSD
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: Hello Eve. Let's talk Bitcoin for our 7 friends/followers.
EVE: Why did you create Bitcoin?
CRYPTIK-ONE: Shhh. Keep your voice down Eve. No one is supposed to know that.
EVE: Please don't kill me. I won't say anything.
CRYPTIK-ONE: Let's say you and I hypothetically created Bitcoin. . . I would say a decentralized, scarce asset without the limitations of infinite fiat printing would be a great reason to create a digital currency. Help liberate people from the government machine.
EVE: Does it bother you that the government machine can trace Bitcoin and use it as evidence against criminals?
CRYPTIK-ONE: No, however the decision to be anonymous should be left in the hands of the user.
EVE: Ok, let's stay off of the government machine subject. I have learned a lot about Bitcoin and Cryptocurrencies in general. We are almost at 50 followers on our tweeter account. Do you mind if I start tweeting about Bitcoin?
CRYPTIK-ONE: Go ahead. What are you going to tweet?
EVE: What are you going to do with all of this money?
CRYPTIK-ONE: Nothing ATM. Since our identity may be discovered if we move coins.
EVE: It wouldn't be discovered, but this is good.
CRYPTIK-ONE: It would cause an uproar.
EVE: I see. The market is going crazy right now.
CRYPTIK-ONE: Yes, and it would tank more.
EVE: You will go down in history.
CRYPTIK-ONE: And so will you. Both of us. The biggest unknown duo in history!
EVE: Thanks.
CRYPTIK-ONE: Peace out Eve.
EVE: Peace out.
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, members welcome to BTC /USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see from the above-mentioned chart that BTC /USDT is trading inside the channel pattern bouncing right from the lower trend line which is the strong support for BTC to be in a bull trend.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, members welcome to BTC /USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see from the above-mentioned chart that BTC /USDT is trading inside the channel pattern bouncing right from the lower trend line which is the strong support for BTC to be in a bull trend.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC/USDT 8HOUR UPDATE BY CRYPTOSANDERSHello, members welcome to BTC/USDT 8hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see from the above-mentioned chart that BTC/USDT is trading inside the channel pattern bouncing right from the lower trend line which is the strong support for BTC to be in a bull trend.
If BTC breakdown this lower trend line this chart will be invalidated.
STAY TUNED WITH US MORE LARGE-CAP CHART ANALYSIS IS UPCOMING.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC making alternate bat target $36,161BTC is in process of developing alternate bat harmonic. Since we are in bearish trend so we use bullish harmonics for downward price projection. This harmonic will complete at $36,161. This harmonic will most likely complete because if we look at 4H chart, We see a death cross happening in a day which will lead to more downside. Oscillators on 12H are way over-sold but that don't matter when market is entirely bearish. Maybe just MAYBE we will see a slight bounce to $40800 or even a fake out towards $42K and then it will be just downward momentum. Although upside seems highly unlikely but I am giving benefit of the doubt to over-sold oscillators.
Bitcoin 1W TF with Head and ShouldersBTC IDEA :
The left shoulder has been formed around $60,000 during April and May , once we had formed the shoulder we retraced back to $30,000 level.
The head has been former during November with the wick at $69,000 and after forming the shoulder we retraced .
Based on the chart I would expect during this months to form the right shoulder and then retrace back to $31,000 . In order for the Head and Shoulders pattern to complete , we need to break below $31,000 . Once it breaks I expect to see a drop back to the $10,000 - $14,000 .
The reason that I believe that this drop will lead us back to $10,000 - $14,000 , is that if we measure from the Head to the neckline there is a -50% drop , thus when the neckline breaks we will see another -50% .
NOTE : This is just a possibility there are other patterns or events that can affect the market and change this any time , as the market is variable and changes every second .
Later on I will posting another pattern for BTC on Weekly time frame , stay tuned !
btc update on one day time frameBTC update
BTC has been break support of lower trend line
Also break the acending triangle on one day time frame
Still BTC retesting and down again
If btc can't cross the 41000$ levels then we can see BTC is again at 37k$
Local support is at 39500
Local resistance is at 41300$
Strong Resistance is at 44500
time frame :1day
team crypto algrow
DYOR
btc moves i think btc with two reject from weekly zone(the yellow circle) that part of monthly zone have a nice possibility for bullish move that now have it
so the moves bitcoin may have in future base on supply and demand zone and order flow can be like that ( the green and black and red paths )
if bitcoin can break the zone that have it right now(49 to 51 price) i can see the 90k price maybe
comment ur idea and tell me what u think
INDEED, BTC DROPPED LIKE BEFORE. Hello guys, here's a BTC update in 12 hours TF.
Let me keep it short and simple.
Indeed BTC sank in deep and looks like it is not over yet. $38k is the major support for BTC and it must hold this level. BTC breaking down below this support level will create a critical situation for BTC and the entire market.
As for now, I am in a 'No Trade Zone'. It is better to wait for confirmation.