Btc_usd
Bitcoin Stuck in a RangeBitcoin - Intraday - We look to Buy at 36444 (stop at 35698)
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 36264 has been pivotal. We look to buy dips. Price action continued to range between key support & resistance (36000 - 39000) and we expect this to continue.
Our profit targets will be 38488 and 39388
Resistance: 39500 / 40000 / 41000
Support: 38000 / 37000 / 36000
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BTC - Daily UPDATE 40K + Are possible next target since ...Hello Trading friends,
This is a Smal daily update for BTCUSDT with the last trends.
Bitcoin is into a confirmation and time frame for uptrend - which means its possible that we can enter soon the new target of 40k+
For the breakdown trend, we need to have huge price change action - which means that BTC should go below 36400 at this moment.
The before start point for the breakdown trend was 42700 - If we are able to gain this level back, it would be great for the BTC price action trend. The first focus is 40K.
Until now the trend looks positive, and we will follow it coming time if there are some new changes.
It's BTC, we will see some changes into the low time frame, but it's about the goal trend.
Have a great day.
If you like the content give it a like and follow - Thank you
Bitcoin at important level trend - 38.6 are the uptrend confi...Hello trading friends,
This is a small update for BTCUSDT.
Bitcoin looks at this moment on a very interesting area - as we are now below the 38K.
The 38.6 with a time frame and confirmation can become a new level for a further uptrend, and it's important that we check the coming time if BTC hits this level, how the trend going depending on TA.
Bitcoin can get a new trend volume after the 38.6 trends which can enter BTC into the new green trend depending on the low time frame. 38600 are same time a power trend line.
We will see and follow coming to time or BTC will hit with a time frame the 38.6, which can bring BTC back to 40K+ trend.
Have a great day!
BITCOIN LONGS 📉📉📉📉 Expecting bullish price action on BITCOIN as price filled all the bullish imbalances, and right now is rejecting a bullish orderblock h4 area (demand) i think we go higher from this area. As we are in a RISK ON market sentiment right now and the crypto fear/gred index is in EXTREME FEAR !
What do you think ? Comment below..
BTCUSDT DAILY Short position indicators explained in short formReferring to below chart on daily BTC USDT , indicators are leaning short .
4 EMA aligned to bear side
55 MA and 200 MA aligned with possible convergence to death crossover bear version expected in next days .
AO in red and negative space below zero
MACD crossing down through zero level towards negative space
Money flow pointed downwards
RSI STOCH apparently overbought however to be observed carefully as this is NOT a lagging indicator and can switch quickly to remain at high levels . To be determined.
A Comprehensive Guide to Bitcoin's Past & Current CycleHello Traders. Here we dissect the past, current, and potential future growth of Bitcoin . I am uploading this chart because there seems to be an influx of charts predicting that Bitcoin is going straight to $100,000 by EOY, which is viable. This chart is showing a possible realistic case for Bitcoin , every phase of the way divided by each Bitcoin halving for an easier understanding of the cycles of Bitcoin . This also takes into consideration for support and resistance lines that is linear within the logarithmic chart.
We can explain it by two supporting pieces of evidence:
1) Bitcoin Halvings
2) Elliott Wave Theory
1) Bitcoin Halvings
The best way to interpret Bitcoin's price action is via the logarithmic chart which shows the overall square root function of each cycle. Simply put, realistically, the log chart is slowing down on the longer timescale, meaning that Bitcoin is now currently in its fourth phase as shown in the chart - price maturity and store of value. Price maturity is shown in most stock models, meaning that markets do not move in straight lines. This chart also helps support the 'lengthening market cycle' theory, which is based on how fast growth of a stock is shown. Bitcoin cannot just continue to grow exponentially. This would lead to incredibly inflated prices that brings Bitcoin into uncharted territories.
As stated above, the cause of these growth cycles are the Bitcoin halvings, which leads to a supply shock and a subsequent rally. As history has shown that with a lower supply, the demand for the coins go higher, meaning that the fundamental value of Bitcoin may go down, and now becomes more of a 'Store of Value' asset, just like gold . Although this chart is just an observation and educated guess, we can still assume that this chart is realistic and a probable scenario as it is calculated with a balance of market psychology, technicals, and overall market cycle theories.
Even the monthly chart can be seen as a minuscule timeframe and we have to take this day by day, timeframe by timeframe. We can most definitely see lower prices and from a longer perspective, anything below 100,000 USD is still considered a great buy for Bitcoin , as many will start to understand that Bitcoin is becoming an investment. If we also apply Murphy's law, we will also have to assume that all good things will come to an eventual end for a cycle.
2) Elliott Wave Theory
If we are taking into account of all the primary waves and count the subwaves of the intermediate counts, we can count for 5 waves for each impulsive and counteracting corrective intermediate waves labeled as (1)(2)(3)(4)(5), which works with higher sub-degree waves of the primary ①②③④⑤ in the circled text.
So (1)(2)(3)(4)(5) = ① degree of the primary.
Each primary and subdgree wave is divided into corrective ABC waves, which is also labeled on the chart. These corrective waves only work between the major waves of 1/2, and 3/4, respectively.
By using the Elliott Wave theory, and the theory of alternation, we can assume that this current cycle is not complete due to the shallow correction of the intermediate wave (4). Once completed (which is a matter of time, not if), will determine the final blow off top of primary wave ⑤. It is currently pending on how we will see the intermediate wave (4) play out. This will be truly an interesting narrative and we will see this ending in either some form of flat, double-triple three.
Trade Safe.
X Force
BTC Long: Not approved yet!In terms of time analysis today was a TRZ. And as per the above chart, Bullish Bat is obvious.
If the market wasn't so sentimental, I would recommend buying the dip. However, considering war's black swan, it would be risky to buy this dip.
Larger patterns are also forming, which may be used as exit points.
Good luck guys!
btc go where after 1 week?Hello everyone, in this chart, as you can see, we have a period of time with the lines that I have marked as dotted lines, that bitcoin can not get out of this range until I specified, and it will suffer and fluctuate in this range. On the other hand, I painted two furs in blue, which indicate the days of trend change. I expect a fall in the first blue line and a climb in the second blue line near the day of the ascent.
#btc Bitcoin Strategy TMPOC ( The Mighty Points Of Controls v1)Hi guys I'm back with more information and knowledge than before (learning Smart money , ICT , Institutional , ... stuff)
this is my Strategy for #bitcoin #btc that I 'm following and I believe it . I will update it if something special happened but the base and main Idea will be same !
so let 's dig into the deeper datas of chart .
we got some SPECIAL NPOC (Naked Point Of Control) that market must reach and fill them.
all of the datas are applied in the chart so I don't thing any description here will be helpful .
I really want to know your ideas and datas about this strategy . hope you enjoy :)
ref of nPOC levels : Exocharts
#btc #btcusdt #bitcoin
BTC UPDATEBTC / USDT
Sorry for being not active last few days but the market was extremely boring
Finally I saw something interesting today
we can see inverse H&S but still not activated yet (still below neckline of the pattern )
Currently ,,The price is facing immediate resistance between 45k-46k (key level) … once price able to fix above it we can see more bullish actions but until that whole market remains bearish ,So Keep your eye on key level mentioned above
Stay tuned for next updates
Best of wishes
A Story of TheKingQuick and short update.
- Stories like to be repeated constantly in Trading, that's how traders try to forecast the future.
- i invite you to research about elliott wave running flat theories.
- 61.8% is still the "Golden Number" and we have to always keep it in mind.
- Play like a Robot and don't use sentiments, adapt your trading style to situations.
- in FA most of the Time, " Good news are coming when the trend is bearish, Bad news are coming when we the trend is Bullish ". This can be called also "Elite Manipulation".
----------------------------------------------
Target 1 unchanged for now 55,000$.
----------------------------------------------
Happy Tr4Ding !
BTC - The Final StrawBitcoin has been on an uptrend for 11 years, showcasing 5 separate Elliot Waves going along with it's parabolic and volatile movement. As of 2/13/22 we are in wave 5 for BTC, and the only ways for BTC now is the moon, or hell. For the past year, BTC has been in an upward channel ranging between multiple fibs and about 2x price movement. We've moved sideways. DCA traders and scalpers / swingers have made super profits, and to those people, congrats. But as for our long term portfolios, we are in the same spot... We have touched the 60ks twice and couldn't seem to finish our Wave 5 of BTC and dump... or have we?!
If we look at BTC's price over the past few years, especially from late 2019 - late 2020, that climb in BTC price could act as a Wave 5 climb for BTC and 69k was truly the top of wave five, which means hell for crypto. Or, if we look at this years price movement with higher highs and lower lows being an upward channel (as long as 33-32k holds) as being a continuation pattern to BTC's true top, which is around 150k, or at the top of BTC's channel since it's creation, 400k. 400k is too high for me, and that is because of the increase in volume of traders trading BTC (ratio of volatility and volume moving in and out going down compared to people already in it over time). Check out these conditions and let me know how you guys feel in the comments.
Right now we are in a dangerous spot for BTC... But remember... Since the long-term trend for BTC is bullish, we are Bull until we are Bear in this market - (making this a post favored toward Bulls).
Many things could happen but these are the most likely scenarios:
A downtrend / bear market to 25-14k (roll over {-decrease of volume-} of BTC reaching 60k twice into a bear market and capitulation event)
or
An uptrend / bull market to 72k - 150k (reversal breakout / pattern forming from BTC's descending triangle with increasing buy volume)
These are my conditions for my long-term portfolio, take them as you like and let me know what I should change.
Bull Conditions:
-Break 45k again
-Break 48k
-Form Inverse Heads and Shoulders on 4hr
-Bounce off of Golden Pocket / 0.5 fib on 4hr
-Shorting pressure lifted
-Bounce up off EMA's 20 / 55 (or 50)
Bear Conditions
-Prolonged consolidation around 40k +- 1.25k
-Break (Candle Close) of 37500 and 39500
-Increase in shorter volume compared to longers
-Break of 33k and 28k
-Break down through descending triangle resistance (turned to support)
NOTE: a bounce off of 28k could happen and spell a double bottom, but by that point there would be too much sell pressure in my opinion. Every trade is best decided at that time, so if the market decides it wants to rally off of 28k, I wouldn't be surprised (more volume up with higher wing highs than down with equal swing lows...)
trade safe, trade smart
-Goku
BITCOIN DAILY UPDATE - NO reason to hodl BTC At this pointHello trading friends,
This is an update for BTCUSDT with the last trends.
We have seen last times that most did make the profits are the market makers, which means those did trade the levels.
Depending on TA and trends BTC is at the point of no trading zone. There is no reason to hold BTC until we get confirmed 46K with time frame and confirmation. not that we hit above 46K with just 1 confirmation.
THE ETN TOOL STILL PREDICTS THE POSSIBLE BREAKDOWN TREND TO 41K LEVEL.
About these trends, you can read in before updating.
We are at an important level, where BTC could have manipulation trends, and this can end in a new breakdown trend that ETN predicts. know that's BTC and it going depending on their time frame * so it can take some time before changes happen. and it's best to trade BTC spot if you even day trade into this times.
Have a great day all, and wich your best trades.
If you like this content give it a like and follow for more. / Thank you
# this update means not for day trading - and its also not a trading call.