Bitcoin- Will it break above 22k resistance?After the false break under 19500 support, Bitcoin has reversed strongly and has gained 10% in just one day.
Now the price is consolidating just under 22k resistance and a break above is probable.
The structure is bullish as long as the price stays above 20.400-20.800 zone support and dips towards this zone should be bought.
Next target for bulls is 25k zone resistance
Btcsignals
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:- 4-hour timeframe, after forming the same continuation correction pattern for the third time and consolidating inside, the price finally broke the lower threshold. This resulted in a massive decline to the $18K support level.
This is the most crucial level for the bulls to defend. If the bears successfully push the price below this critical level, another clash for power will likely occur.
However, there is a considerable bullish divergence between the price and the RSI indicator in this timeframe. The formation, alongside the sentimental power of the $18K support level, indicates a potential reversal in the next few days.
The current question is whether the bulls can hold this support for the fourth time. Next week’s price action could be a clue to determining the outcome.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
📈✌BTC 4H Long & Short Positions✌📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT.
Right now, the price is stuck between two important levels and it may rise and then fall again.
first, it can reach to 20157 level and then start falling again to lower levels.
Just don't forget to risk-free your position when it reached the first take-profit
TP1-2 are in green ==> for long position.
TP1-2-3 are in red ==> for short position.
The optimum stop-loss for each position is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
#BITCOIN 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-Like I mentioned in the previous update BTC may bounce from here and the resistance of BTC which is close to $20.1k from where BTC bounced back and BTC fell to its resistance We are back to updating you the same chart from here let's tell you that btc is still trading further of the wedge channel if the channel upside btc breaks then we can see BTC one time $20.7k if btc breaks the lower trend line of the wedge channel so we can see drop in btc thanks stay tuned for updates
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin needs to decideThere are 8 days now with Bitcoin trading in a tight range of around 5% so the main cryptocurrency should decide its future direction sooner rather than later.
At this moment the levels of support and resistance are very clear at 19500 and 20500 respectively.
A break to the upside would expose the 22500 resistance and a break under 19500 would expose the recent low under 18k.
In my personal opinion, there is a higher probability of a down break with both strong USD and weak indices not being in a favor of an up move.
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Bitcoin- Stuck in rangeAfter the Sundayțs low at 19500, Bitcoin has entered in a range between 19500 and 20500.
Yesterday, a new atempt of breaking down was quickly reversed and now the price is just under resistance again.
Considering the force of the reversal we can expect a break of resistance and acceleration to the next important level at around 22k
On the other hand, a break down would expose the previous low under 18k.
At this moment I m bullish Bitcoin and I m looking to buy dips against 19500
Bitcoin- Correction to 20800?After the steep drop from 21800 to 19500, Bitcoin has started to recover and managed to rise back above 20k important figure.
Now the cryptocurrency is trading at 20250, above 20100 support and this correction could continue towards 20800 resistance.
Bulls are favored as long as support is intact
📉💥BTC 4h Short Position 💥📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Due to bear pressure, the price can reach 2 in the Fib level at the minimum and 2.618 in the Fib level at the maximum state.
between now and the yellow area, You can open a short position in two or three steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP is on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
BTC Short Trade Setup - Head and Shoulders Pattern!BINANCE:BTCUSDT INDEX:BTCUSD BYBIT:BTCUSD
This is my short trade setup that I have just taken.
If you missed the trade, wait for a retrace to get in.
Head and Shoulders pattern on the 30m chart with TPO and CVD confirming the trade. CVD looks to be leading price bearish and we have had a failed auction on the TPO chart
Open interest also indicating this is a high probability trade.
All the details in the video
Not Financial Advice. DYOR. Papertrade before trading with real money.
If you liked this idea, please give it a thumbs up and follow. Comment on how you are trading BTC right now.
Safe trading!
Shawn
📉💥BTC 2h Short Position 💥📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Price broke the rising channel after the Jackson Hole symposium. BTC moving in a direction that may soon see lower price levels.
You can enter a short position between now and the yellow area.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP 1 and 2 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
#BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE :-
BTC is currently in support but once support breaks from here BTC could drop to $19000 to $18800, main strong support for BTC is between $18800 to $19300, if it drops evenly We are back once again and can see any $17500 otherwise if BTC bounces from here BTC might bounce around 30% from here
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin forecast| signal updateAs mentioned in the previous Bitcoin forecast ( yesterday BTCUSDT ), after breaking the Uptrand channel (at the point I have shown), the price fells to the $20,000 price range.
After a return and pull-back to the price range of $20,500 and $20,900, we see the continuation of the downtrend to the historical price, and the resistance zone of $19,000.(this pull-back and fall again takes about 2 or 3 days)
After that, the price falls again to the important and strong resistance of $17,500.
My forecast is that it will swing between the prices of $17,500 and $19,500 in a horizontal and neutral channel for a while.
and my second forecast and possibility is a quick drop and a hit at the price of 10,000. (It is a weak possibility, but not so far )
this is my longterm forecast for Bitcoin or BTCUSD
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WEEKLY UPDATE BTC/USDHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#BTC/USD UPDATE !!
BTC Weekly Update Me BTC is trading above 200MA We can that BTC is holding 200MA support but RSI is showing resistance for BTC if BTC may bounce from here altcoin bullish.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC 1Hr UPDATE:-
As we can see in the BTC 1Hr update, the 200MA is bouncing is going to break $25k then we can see a new bull run and current scenario btc may rebound from here then a few more usdt pairs of coin will be pumped.
And BTC 200ma down side break and candle close and chart is invalid
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC 4Hr UPDATE !
BTC is trading inside the Rising Wedge if BTC breaks the uptrend line then BTC can be a bouncer from here support zone is currently $23740 and Secondary Strong Support $23230
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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.