Btcusdforecast
Bitcoin- will it become bearish again?After January's low, Bitcoin has started to rise and even has broken above 45k resistance.
However, this break has proven to be a false one and after a few days of consolidation above that level, the price has rolled back down under.
Looking at the daily posted chart we can see that the rise is corrective in nature, lacks impulse, and is drawing a flag.
Now the price is above 43k local resistance and a break here would expose the very important 40k confluence support.
A break under 40k would be very bad for bulls and could signal further losses under the previous recent low and even under 30k.
Only price back above 46k would change this outlook.
BTCUSD - definitely price is dropping Hello Traders,
This is definitely second chance on short.
I am trying to predict changes direction of the momentum and price in the future…
We will see that will happen.
One again red vertical line - change of momentum direction, blue - price change direction.
Any question? Just ask…
Cheers,
Jim
BTCUSD- Short fall of the priceHello Traders,
This is definitely second chance on short.
I am trying to predict changes direction of the momentum and price in the future…
We will see that will happen.
One again red vertical line - change of momentum direction, blue - price change direction.
Any question? Just ask…
Cheers,
Jim
#BTCUSDT Do not panic, This MA can still save the day!BTC/USDT needed a retracement after weeks of a continuous pump.
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
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Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT broke down.. Important Update here...BTCThough we closed below the 21 MA. As said in my last BTC idea, that was the level we needed to hold in daily.
Unfortunately BTC broke below that level.
Now, the possible area for bounce is around $41900. when you look at the daily chart,
This is the lowest BTC can go atm.
Though we've got this EMA on 6 hours chart.
Multiple candles closes above it so far.
Let's see how it plays out.
ACTION:- Staying aside for the right time to get into leverage trades.
IMHO It's better to wait for the weekly close to come for any solid conclusion.
We need a close above the 21W MA.
Let me know what you think.
Also, If you find it helpful do hit the like button to show your support.
Thank you
#PEACE
BTCUSD 3D - Two scenarios for the Bitcoin price in 2022Today, you will read our thoughts on the possible global movement of the price of the BTCUSDT
We noticed that you do not like to read our long texts, and in the current realities of the war in our country, there is not enough time to write, so we will try to be brief and concise.
We believe that the current growth phase has not yet ended.
Now there is a correction, which gives new good entry points for longs.
According to our estimates, if the next month the growth will be low, the slowdown and the trend reversal will form in the area of 52300-53200$.
Schematically, this scenario may take place in the first half of May, and the phrase: "Sell in May and go away" will be very relevant. Further can be activated red scenario, which is drawn schematically, and which we will analyze in detail in the future in case of its activation.
But if some positive changes happen in the world, which will be able to drive the growth price BTC locomotive higher than $53000 , the next critical point around which it is necessary to be careful with long will be located in the area of $64000 . And this will be a blue scenario, which is also depicted schematically, and we will analyze it in more detail at the rate of its implementation.
Write in the comments your thoughts and graphs, as that the possible scenario flow of the price BTCUSD in your opinion
And also share your thoughts, which altcoins in your opinion are worthy of attention and investments in the nearest future, and we will make our analysis of them).
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BTC UPDATE BTC / USD
Unfortunately BTC lost 45k local support area and situation becomes critical
But In macro view things are different
we still have important levels for watching :
First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun
IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average)
What do you think ..which pathway will BTC follow ?
Don’t forget to like this idea for more analysis
BITCOIN SHORTS ACTIVE 📉📉📉📉 Expecting bearish price action on BITCOIN as price takes out buy side liquidity making the asian rollover this night. Price keeps making lower highs and lowers lows with bearish bos (break of strucutres) which confirms for me we are going lower than that. I think BTC will hit 44.000 - 43.500$ in the upcoming week.
What do you think ? Comment below..
BTCUSD - after formation 1-2-3-4-5 price should drop...Hello Traders,
After rise of the price now we expecting downfall. After formation 1-2-3-4-5 should occur drop of the price. Red vertical lines indicates momentum change direction, blue is the price change direction.
Breaking trend kines will confirm price drop.
Cheers,
Jim
BTCUSDT Quick Update. Breakout Incoming, Bullish or Bearish?BTC shows it could breakout which makes things fishy.
Though I am in USDT right now. Will be more than happy if USDT dominance (my previous chart) breaks down and continues the downfall but we do need some pullbacks too. Nothing goes down forever.
So be attentive.
Multiple indicators are pointing towards another pullback in the short term. So keep an eye on it.
If BTC breaks the daily above $46800, we are good to go.
Better to keep cash in hands in case we get another dip which seems likely.
Hope it helps, If it does do not forget to hit the like button.
Thank you
#PEACE
BTCUSD LONG#BTCUSD - new forecasts (nr3)
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I'm still bullish for BTC and i think the price will continue to grow.
There is no clear indication that the upward move is coming to an end.
My old idea is still valid and my long position still in place and bought another dip at @ 46795 last night.
I'm waiting for next movement to area 52k or even higher.
This is my opinion on BTCUSD and not financial advice , hope this analysis is helpful for you!
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Resistance : 48200 / 49000 / 50000 / 52000
Support: 47000 / 45500 / 44500
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