Btc_usd
BTC - DAILY UPDATE - THE INCREASING TRENDHello trading friends,
This is a daily update for BTCUSDT depending on the last trends.
We are still into breakdown trend - This can change coming time when BTC hits over 40300+
There is a good chance, that we could enter soon a new uptrend for BTC - but the question will be the same for how long? we can only confirm this for a low time frame coming time with live data.
Depending on TA it's possible that BTC will increase to the 41300+ TA level.
Give your nice like - if you also trading BTC or studying the trend of BTC
and if you want to get alerts for more updates - follow the channel - Thank you
@ know also that these are other trading times - because of Russia and Ukraine situation - where you can have unexpected trends.
Have a great day.
BTC - UPTREND 41300+ important targetHello trading friends,
Bitcoin is a coin that could be very risky on all sides you trade - know that market makers make the choice between short and long into the low time frame.
Manny did lose them money by the dream to have the best trades into BTC - and yes it's possible, but the success will be only with good risk management.
I personally find it not good, when I see manipulation trends playing - this even with shorts or longs, as I know many of users could be into the red with this.
Let's hope the best for every trader that has the dream to be better, and with the goal to learn more about trading.
Where are we now?
Depending on TA - we are into a breakdown trend - but a return above 40K + zone could bring us back into low time increase trend.
On this reason, it's important to see BTC increasing back above 40k+ , if we are not able to increase back above 40k, we could see more breakdown trend. it means not only hitting the target 40k but also staying some time on it with confirmation trend.
Goals:
If we confirmed the 40K - there is a high chance we could enter 41300+
Give your nice like - if you also trading BTC or studying the trend of BTC
and if you want to get alerts for more updates - follow the channel - Thank you
@ know also that these are other trading times - because of Russia and Ukraine situation - where you can have unexpected trends.
It's important that BTC stay above 39k+ with a time frame to make a high chance for a low time frame to 42k+
Have a great day.
BTC Long if Support Holds and Resistance is BrokenBTC after having risen to a high slightly over $44000 was rejected back down to the $41000 levels. However, BTCUSDT has currently reached a strong support level supported by several indicators reinforced by a combination of indicators and chart patterns. Firstly, BTC has reached 0.382 fib support level which is a historically sound level in terms of fib sequence numbers. Furthermore, BTC has reached a demand zone (blue rectangle, central one). Moreover, previous descending resistance line has transformed into a support level (descending red line). Likewise, BTC has touched the lower Bollinger Band which implies a high chance of a bounce back. Additionally, the RSI is reaching the oversold area and showing signs of reversal which further implies price increase of BTC. My bullish scenario of my prediction (which is also the one that I think is most likely to happen) is that BTC will bounce back and successfully reverse the downtrend that has been occurring since November last year. For this to occur BTC has to successfully break the $44000 resistance level and the sell zone surrounding this price (blue rectangle, upper one). My second scenario which is slightly bearish would occur if BTC is unable to break the previously listed resistance areas/ lines. Finally, the last example, my most bearish scenario and the most unlikely would occur if the current support will not hold and price will be sent downwards. NOTE: If price breaks the long term support line (purple line) as well as the psychological level of $30000 then this is all a false trend reversal and BTC would have confirmed a massive double top. Price would be likely to bounce to $10000 for a short period of time.
BTC - Depending on TA BTC into new breakdown trend.Hello trading friends,
BTC is in a new downtrend area depending on TA trends.
The confirmation of this area is the 42600 - we should confirm or come to a time BTC will hit this target as BTC is now still above the 43K.
Have a great day.
Manage your risk all time - it's BTC and it can go all sides in the long term.
some can be 10x times right - but with 1 trade losing all - it's all about risk management not to be right or not.
# This chart are not a signal view to go long or short - make always setups depending on your study.
#BTC WeeklyOn weekly timeframe we can see that both rising channel working good.
We seen that the support on the bottom channel already done twice last weeks.
RSI weekly is growing and ready to breakout!
MACD also showing week bears...
In my opinion in the next 18 Months we might see new ATH around $100,000
Bitcoin BTC: Precise date and top calculation for this cycleSo I was thinking again, and it might be that my last idea here () was too simplified.
It seems the cycles are getting overproportionally longer.
Also, it seems that the tops are diminishing more than previously thought.
I take all cycles exactly from the previous halving days, except the very first cycle, starting day there is of course when BTC started trading on Mt.Gox in 2010.
I overlay exactly with the halving date 11th of May 2020.
We then calculate the ratios of the cycle lengths, and continue the trend. We thus get 956 days of length for this cycle, which would put the top to December 23rd, 2022. 1 year away.
We can do the same for the top ratios and find that if this trend was to continue, we would get 228k USD as the top.
So, I repeat: 228k on December 23rd 2022.
This is another possibility, a more conservative one than my last simpler one, where I arrived at around 300k by June 2022.
Maybe also, it will be somewhere in between, so 250k in October 2022 or something like that. I see both these scenarios as the boundaries of an interval range where it could end up being.
If the cycle will still be one year more to go, then it is possible that we could get a shakeout scenario as drawn in the red line, people should be prepared for such an event, it is entirely
possible because a lot can happen in one year. We remember that BTC dropped in early 2020 from 10500 to 3900 and then went into a rally to over 60k. Ok, this was a black swan event,
but we should be prepared that something similar might happen, because BTC likes shaking out people.
That is now my current picture. Should it change, I will post.
BTCUSD Analysis MarchBTC has formed a double bottom on the daily and is in a recovery phase upwards
Only the weekly chart a larger support level can be seen touching price, this also coincides the the 100MA, a great place for price recovery
Attaching my relevant ideas for BTCUSD, Using these analyses you can surmise a potential entry or exit point for the coin
BTC Bullish Inverted H&S patternFirstly, BTC has formed an Inverted Head and Shoulders pattern on the chart - this is a very bullish sign. Secondly it has successfully bounced off the long term support (purple line) and broken the downtrend that has been respected since November (orange trend). However, BTC has met some resistance at $44000 and is hovering slightly below there currently. MACD is Bullish on BTC but RSI is approaching the bearish side. Should BTC break the $44000 resistance line then a double bottom pattern would be confirmed signaling another bullish price run. Theses chart patterns are strong indicators of the trend reversal along with the evidence of the broken downtrend. All in all, I believe that the bear market is over and the bulls will take over now for some time until they reach the long term resistance at the very top (purple line at the top). To be completely sure of a trend reversal BTC must break $44000 resistance line yet I have no doubt that it will
BTCUSD Return to Weekly 200MAAs price is approaching the parabolic trendline, post a double top , I wonder will it go lower?
A third touch on the 200MA on the weekly timeframe is possible, this will be the ultimate buying spot for BTC if it occurs. A situation like this is very comparable to the COVID dump.
BTC - NEW WEEKLY CHART STARTS - WHAT NEXT? Hello trading friends,
The new weekly charts start.
There are many questions like what will the bitfinex whales do at the china time frame - and are we get first some manipulation trends before the expecting ETN target the below 36K
Before the opening of market makers - There will be not a confirmed change on BTC - BTC following also US30 market. --> this all also depends on last news from Ukraine - Russia trends.
One thing is sure coming time is very important for BTC - also depending on last trends of Ukraine and Russia.
Monday is known as an important day for the BTC market.
US30 is still not confirmed for uptrend - what could end today into red trend also.
Depending on the ETN tool - there is expecting for the below 36K market price action.
We are now at an important whale setup zone of 38k+ trends.
Last news from Ukraine - more countries want to accept Ukraine into the EU - which means it could bring new effects to conflict Russia - Ukraine.
Bitcoin is still into breakdown trend TA - even if BTC increases above 38K.
What is a whale setup trend?
A whale setup trend is a place where whales have their orders ready for the time frame - into history trends can this be a point of more breakdown trend.
This update is not a trading call - and always manage your risk.
we know that all sides of BTC are very risky.
These updates were made for 100% spot.
Have a great day.
BTC WEEKLY I always trade with my strategy on the 1h time frame but for those who want my idea about the btc movement on the bigger scale i must say that:
we have an 12345 impulse and i think we are in the 4th move and the fourth wave is an ABC correction so when the times come means that near the vertical white line we can have the final impulse of this move.
support this idea with like and comment ❤️
u can trade with me on the 1h timeframe on btc/usd
BTC: A Clear Picture Using Moving Averages Hi all,
Remember one thing, there is NO better market out there than crypto (:
As highlighted in my last analysis, BTC broke below the 50W moving average which has signaled a bear trend in the past.
Now that BTC & the rest of the market have started to fall, the next step of the analysis needed is to show the 100W & 200W moving average.
There are 3 main points of reference on the chart:
- GREEN LINE = Logarithmic Trend
- BLUE LINE = 100 Week Moving Average
- ORANGE LINE = 200 Week Moving Average
Using past history:
BTC breaks 50W MA —> 100W MA
BTC breaks 100W MA —> 200W MA (this is where it bottoms using past data)
Right now, BTC is heading towards the 100W MA which currently sits right around $31,000. This is conveniently located right in the MASSIVE support area of $29,000 - $31,000.
BTC has always stayed above the 100W MA in bull markets. When BTC decided to break below in the past, price landed directly on the 200W MA. (Currently sitting at $20,000)
BTC has never closed a candle below the 200W MA in history (we can reference this with just as much importance as the logarithmic trend). Each time BTC has touched the 200W MA, it signaled the bear market/trend was near an end.
The green line has been the logarithmic “support” for BTC, since the start. This is the most referenced line on the BTC chart and I think its okay to expect BTC to continue to hold this as time goes on.
The 200W MA (Orange) and logarithmic trend (Green) are conveniently right next to each other at the time of writing ($20,000)…
Now to put this all simply all using TA:
BTC is very likely to drop to the $29,000 - $31,000 support area & touch the 100W MA.
If this area FAILS to hold, BTC will drop to $20,000 - $21,000 and we can say this will be the bottom or it will be over for BTC…
Is it as simple as that?
We all know BTC runs the show so this is a good reference for the majority of the market.
Thanks for reading!
btc usdWill break 50k,
first, it will go down, Because of fear its tax. maybe two more weeks remain to take the decions.
Due to war more black money. The basic idea of crypto is not to use a bank. Both Ukraine and Russia will get funds from crypto. and due sanctions against Russia will reduce use dollar think. Therefore the demand for cryptocurrencies can be high.
New countries accepting bitcoin and other cryptos as national currencies will increase demand for it.
Mining difficulty increased, normally after difficulty is increased there is a huge drop, then it all makes ATH.
These all are fundamentals that I think will drive the market to bullish.
In view of TA:: now the weekly market is bearish. However, it has made down impulse and
After that i expect to break 50 k