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Btcusdtlong

LONG ON BITCOIN : DO YOU AGREE ?As you can see the price is going towards 25000 and inside the order block if this order block is respected we could expect a market structure shift, we will be expecting that on 1-hour timeframe if that happened I'll go lower (15 or 5 min) and look for one entry to target the imbalanced at 30000 because we might expect a retracement from 30000 level also if 25000 order block is not respected we can expect the price to move towards 22,000 and respect the imbalance inside the order block and expect a move towards 30,000, so these are my two scenarios depending on how it happens... *** Sorry I had to repost this, I didn't know I can only post personal links if my plan is above the Pro plan, thereby violating the house rule *** Please click on the like button, and subscribe if you are liking this my analysis so far, it gives me some level of motivation... let's learn together NOTE: DYOR IF YOU WANT TO ENGAGE IN THIS TRADE WITH MY ANALYSIS THIS IS NOT A SIGNAL TIME FRAME: 12H DATE: 22nd April 2023
COINBASE:BTCUSDLong
by oluwadahunsii
BTCUSDT at daily support but demand is dismalThe price is at daily support but the demand really is dismal. This zone should be a good buy zone but the appropriate reaction is not seen from this zone. Price is holding here but there is no bounce. Such support should have given an immediate bounce instead of just holding the price. I am tempted to take a long here but giving it a second thought because of this poor reaction of the support. If not now then I will try one from the bottom of this range if it goes there.
Long
by angela_altair
BTC: Continue to go long, pay attention to 23K Last week, the economic data released by the United States was mixed, and the US dollar entered a period of volatile pullback. The monthly rate of durable goods orders in January recorded -4.5%, worse than the expected -4%, the largest decline since April 2020. The February ISM manufacturing PMI recorded 47.7, lower than the expected 48; However, the ISM service index recorded 55.1, stronger than the expected 54.5. Both PMIs suggest that US inflation may be more sticky than expected, which may support the future prospects of the US dollar's trend, but in fact, the US dollar index recorded a drop of nearly 0.7% last week. Although from the perspective of the US dollar and risk appetite, the price trend of Bitcoin (BTC) should have been boosted last week, unfortunately, there was negative news in the crypto circle last week. According to reports, the cryptocurrency bank Silvergate announced that it will delay the submission of its annual 10-K report for the 2022 fiscal year. Silvergate stated that "the company is currently analyzing certain regulatory inquiries and investigations related to the company." Immediately afterwards, many cryptocurrency companies and cryptocurrency trading platforms such as Coinbase, Circle, and Tether urgently announced the termination of business dealings with it. The news caused panic in the crypto circle and put pressure on the price trend of Bitcoin. The daily chart shows that the price of Bitcoin (BTC) fell sharply last Friday, breaking through the range of 23,000 to 24,000. It is currently holding steady near the upward support line of 22,000, which started on January 18, and there may be an opportunity for rebound correction in the trend. If it goes up, the initial resistance will focus on 23,000, and further up, the resistance will focus on the 20-day moving average range of 23,600 to 24,000. Continuing to break through will win the opportunity to challenge 25,000 again. Personal trading strategy: Enter the long position at 22,000-22,400, with the first target at 23,000 and the second target at 23,600. However, if it effectively falls below 22,000, it may usher in greater downside space, further down to 21,500 and 20,000. Therefore, it is necessary to set stop-loss strictly, and stop-loss promptly when breaking through the support. I will also continue to pay attention to changes in the market and give the latest strategies, please continue to pay attention.
Long
by FlashTrades_
196
BTC Long PositionThis trading idea suggests opening a long position on BTC from 28900 to 28600 based on the Pattan Cypher and Navarro200 indicators. The Pattan Cypher indicator has identified a bullish reversal pattern, while the Navarro200 indicator is showing oversold conditions for BTC. If the price of BTC breaks out of the 28600 support level, it could potentially continue to rise to the next resistance level at 32000. However, traders should carefully consider their risk management strategy and trade with funds they can afford to lose.
Long
by reshhia
BitCoin In Bullish Sentiment, More Highs Expected!Bitcoin has been experiencing a bullish trend over the past few weeks. This week, more accumulation is expected at target levels 1 and 2 acting as potential resistance points. At these 2 levels, prices are expected to face rejection upon reaching them. This consolidation phase could pave the way for future growth in the cryptocurrency. Market conditions can be unpredictable, so caution and due diligence are advised for those considering to invest in Bitcoin. N.B! - BTCUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #bitcoin #btcusd #BTC
COINBASE:BTCUSDLong
by BullBearMkt