Btcusdforecast
#BTCUSDT broke above $40.8k, Next move?...The previous idea still on track.
New lower low below $39.2k ✅
Bullish divergence in HTF and LTF ✅
Retest in LTF :- ❎ (This is why we can expect a little pullback in LTF around the mid $40ks )
So eventually the chart remains the same.
BTC is likely to hit the $43.5k+ level.
The little pullbacks will merely be some good buying opportunity.
So, keep an eye on it.
Let me know what you think.
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#PEACE
BTCUSD | New perspectiveSince my last publication on this pair, we witnessed over 7,000pips move (see link below for reference purposes) and the price is right back at where we were a couple of months ago.
With a significant bullish trendline identified on the daily timeframe; we might want to be looking at a bullish expectation in the next couple of days as long the price does not break below this line. In this video, I explained why I think we should be anticipating a bullish momentum. I shall bring up updates as price action is been monitored in the next couple of days... Stay tuned in!
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#Bitcoin Pumping Exactly Like Predicated!#Bitcoin Pumping Exactly Like Predicated!
#BITCOIN BULLISH BREAKOUT! 🔥👇
#BITCOIN we’re breaking our bullish pennant 😎 we could also see an bullflag, whatever th hey are both bullish pattern 🚀
#BTC PRICE TARGET: $42,7K
Bitcoin (BTC) Price Bullish Divergence on the 4-hour Timeframe!
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.
#bitcoin #btc update [H4] When trying to enter Indy oscillator ❤#bitcoin #btc update When trying to enter Indy oscillator,
divergence has occurred, but for Pattern,
wait for big reversal confirmation. When the price breaks through the resistance,
it's better. Let's help each other out.
tamjaitrader ❤️❤️
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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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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#Bitcoin Bulls Fighting For A Reversal!#BITCOIN BULL FLAG!
BTC just had a swift V-shaped recovery, breaking above the pennant's apex.
Bullish confirmation: 1D Close 41.6k
#BTC $BTC
#BITCOIN HISTORIC SIGNAL! 🔥
#BITCOIN BULL FLAG!
Whenever Bitcoin fakes out to the lower side of the uptrend, we tend to start major market rallies.
Wouldn't be surprised to see the exact same play out for #Bitcoin once again! 🚀
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 LONGBTC showing bullish momentum on LTF , early London session we seen the manipulation occur with the run on stops and into Newyork price rallied and broke market structure giving us our first to steps of our trade plan.
1- Run on liquidity (EQL)
2- Break in market structure to the upside
3- Retest of the order block that caused the BMS (PRICE NEEDS TO HOLD THE OB AND SEE STRONG REJECTION)
Looking for BTC to hold Monday's low and make a higher low within today range , ive placed the fib for reference to price any bullish PA again on LTF we can go long.
Order block at 50% $40040 is option 1 but have you stop below the low 39k
Option 2 we wait for a retest $39280 (The order block that caused the initial BMS) and the swing low formed Newyork session.
BTC Bulls Facing Crucial Support AreaBitcoin is currently trading around 0.618 FIB Retracement from 32950$ lows from January 2022 to 48200$ highs from March 2022. The retracement area between 0.618 and 0.786 FIB in confluence with Trendline is crucial for Bitcoin bulls. Bounce from this area could indicate higher prices into 50000$ to 53000$ area, while failure to bounce from this area will probably lead to deeper downside movements below Trendline and could indicate breaking of the Higher Highs and Higher Lows structure of the market and retest of the 26000$ price level.
(BTC) Bearish Momentum ContinuesBitcoin is currently trading below the $39,000 mark and is still looking bearish on the lower timeframes.
As soon as the price broke below the trendline support, it was a bearish indicator and the break of support at $39,600 was almost confirmed.
We can also see that right now the price has found some support around the $38,800 mark. It would be interesting to see whether BTC will bounce back from here or if further sell-off is on the cards.
BTC in falling wedge So we can see BTC in falling wedge and it's broke it very well to all i am waiting for retest the wage and rejection if that happens i will open my long for 45k and as we see it fundamental way all we know outflow from Coinbase .... What you guys think plz let me know in comments
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.
#BTCUSDT needs to do this to break above $42k..Welcome to this Idea on Bitcoin.
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Let's get to the chart.
BTC bounced right off the $39200 level.
Everything is aligning perfectly so far.
I am not saying I am bullish because I want to. Just sharing what I see in the chart.
The reason why BTC could start a rally soon:-
1. USDT Dominance is about to get rejected by the resistance.
2. TOTAL MCAP retested perfectly
3. BTC is in the making of a bullish divergence. For that BTC needs to print a low below the $39200 level.
Every time that happened BTC bounced with strong volume. This is why I posted my last chart saying $39200 might not be the bottom.
All I could see is selling pressure around the $40k+ level in BTC.
However, a close above $42k will trigger the rally.
Invalidation:- Losing $35k in a daily candle close.
Nothing is confirmed yet, let me know what you think of this chart in the comments section.
If you like my post or found it helpful do hit the like button.
Always do your own research and learn from other people's work rather than following blindly.
Thank you
#PEACE