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Bitcointrend

Bitcoin Continues Fake Pump Ends SoonBitcoin/1H afer it did a stop loss hunt at 22.7 it found support and came back to 23K where it did a break of structure and exited our down side parallel channel (two purple lines) resulting in a leg to the upside. Its Planning to do a liquidity grab untill ~24.2 with a possible wick up to 24.6 depending on the momentun and the volume for the rest of this ride after that it will not only retrace back but further down maybe even filling 20K gap on CME. Chance of a great short from 24172 to 24.6
BINANCE:BTCUSD.PShort
by pcmonk
1
Bitcoin Bottoms and Tops ( Future Price Movement)Hi Guys , i was interested to Bitcoin where the Tops and Bottom are,or why was the top at 19k in dec 2017 and not 30k or 40k well i analysed the chart a bit and im also surprised how it developed since the start. OK lets GO and i tell you what i found here in the Charts. First the Chart is in log scale. Yellow lines are the halving events. In the first cycle i looked into the date range oct 11 to january 13, it looks like Bitcoin settled up first nicely a uptrend (Green Trendline), no huge pumps and slowly rising. Finally after halving, it took some months to Massive Price movements for Bitcoin. Well now we come to the interesting PART The second and third cycle looks also similar, after breaking every Supportline(RED arrows) if it comes down from ATH we builded up the Bottom for Bitcoin, the range how much bitcoin takes to bottom out is different.(mostly 10-14 months) and started to build up a new uptrend with supportline, slowly till halving event. When the halvings finally happened it took generally some month to start massive Pumps. It looks like halving events are the real catalyst for massive Price Pumps and leading to new ATHs. NOW, when we look ,where are the Tops and Bottom for Bitcoin ? we have to look into second cycle, we can see that the green trendline from the the first cycle acted in the second cycle the ATH top in dec 2017. when we came down to the uptrend line in the second cycle , we broke it, formed bottom, but rallied here to the previous support line from the second cycle which was the local TOP and acted here as RESISSTANCE. maybe coincidence? well lets have a look into the third cycle. we broke the uptrendline from the second cycle. spent some time here at same levels but suddenly we pumped here again but the local top was again the previous trendline from the second cycle. it acted here clearly as ressistance and we dumped till the halving event. After this the real Pump occured on Bitcoin which was lead to over 60k. But why we stopped at 60k? well again the previous uptrend line from the second line acted here as ressistance. The fourth cycle which we are in now , i think we formed the bottom. because the date range compared to previous cycles are similar 10-14 months.The next step is now the possible scenarios that i will write down. What i think about Bitcoin is that, we cant really know how much Bitcoin can go down after we breakdown the trendline, but it looks like we formed now finally the bottom. Possible scenarios: 1. Bitcoin pumping to the Third Cycle Uptrendline which will act as ressistance again and dumping till halving to form the new uptrend line. After Halving we see the real Pumps. Price target here would be : 60-75k, then we dump till halving, we rise after halving slowly and building up the new uptrend line and pump again to the previous Trendline from the third cycle which would be Pricetargets over 200k+ 2. we rising slowly and building up now the new uptrend line till halving and then seeing Massive price movements above 200k. Maybe this Idea answers you why we stopped at excactly 19k and 64k and not on different prices. NFA
BITSTAMP:BTCUSDLong
by halildemir9518
4
#Bitcoin - thoughts out loud #13!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good afternoon, dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. The previous goals were achieved, but under a different scenario. After the asset has been depreciated, we see a surge in volumes at the culmination of sales, followed by a false breakout of the level and the strength of the buyer. There is a setup that can be used to work with, I open a long and support the trade. Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
Long
by WVitalievich
6
Bitcoin Consolidating to go Lower AGAINBitcoin/1H Doing another Pennant We are also in a down trend channel that I draw which everytime it reaches the end of the channel it makes a move. Worth noticing when SPX was consolidating btc went to 25K now that spx started to move down btc coming down with it. We could perform a fake pump and grab some liquidity before further downside.bearish momentun is just starting and we yet have to see bigger red candles ~13% Please Follow,Comment,Boost if you find it informative. Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
#Bitcoin - thoughts out loud #11.Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. Over the weekend, I expect the cryptocurrency market to form a trading range and move into a phase of redistribution or re-accumulation. The formation is not ready for this period of time, I need confirmation. What are your thoughts on this asset? Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn .
by WVitalievich
#Bitcoin - thoughts out loud #10.Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. I continue to accompany this asset with a subjective vision. In my opinion, a deeper correction is needed to continue the asset's gains. All trading patterns should be searched for on the younger time frames (15 minutes, for example). But in any case, the market will equalize everything, because it is always right . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn .
by WVitalievich
2
Bitcoin Fake Pump Before Major CrashAs Ive said in previous video (link to related ideas) we were jebating longs before going into a crash . we pumped to 25K to retest that price which is eight month high and the origin of previous downtrend.we now formed a double top on high time frames (3h 4h Daily) Please Follow,Comment,Boost (if you agree) it REALLY motivates me to do more. We pumped 13% in one day and dumped 8% the day after showing sign of heavy rejection and more yet to come. since we consolidated at most levels from 20K to 25K , a capitulation candle downwards ( at least 13%) could happen any time but personally I think S&P500 must be ~3800 and DXY ~104 for that to happen maybe a retest around ~24400 then come back down to 22800 and if that support didnt hold ~20500 More details and liquidation clusters in video Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
#Bitcoin - thoughts out loud #9Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets . At this stage of the situation, we see this algorithm being clearly worked out. When an asset shows a strong movement without corrections. The current situation only suggests that we need to wait for a possible corrective movement or flat movement. Dear colleagues, I sincerely thank you all for your attention and wish you success! And remember one thing: "sometimes you win , sometimes you learn ". Entry point #Btc
by WVitalievich
4
#Bitcoin - thoughts out loud #7Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. Why long? As we discussed in the previous opinion, we saw how the price followed the stop loss. At this stage of the situation, professional operators need to lock in profits and buy the asset at more favorable prices to continue moving up. Due to the stop losses, retail traders fill buy orders and it is possible to re-enter the position for further upward movement, because we need fuel to move further. But there is one thing: if there is not enough demand in this range and professional operators are not interested in continuing to move up, we will most likely see a depreciation of the asset. Dear colleagues, I sincerely thank you all for your attention and wish you success! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
#Bitcoin - thoughts out loud #8Good afternoon, dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. After yesterday's impulsive movement, I expect the price of the asset to rise further. Yesterday, we witnessed professional operators testing the strength of the buyer, which was followed by an impulse movement. Today, the area of interest is 21600 - 21700 for further upward movement. But this is not the final price, it may fall even lower, because everything I write here is my subjective opinion, as the market will settle everything by itself, because the market is always right. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
2
#Bitcoin - thoughts out loud #6Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. Today, the asset continues to show strength after the weekend, as evidenced by the formation of an uptrend with a buyer's test. For this period of time, I expect the buyer (professional operators) to regain strength and attract retail traders. The price range for the resumption of the movement is 21600 - 21700. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
Long
by WVitalievich
2
bitcoin Big RED candle comin soonAfter bitcoin exited the rising broadening wedge we bounced from top of the left shoulder(light yellow line) and is doing a rising wedge right now which might endup in the right shoulder if we wick up then leg down another 8 to 13 percent. In the video I also mentioned liquidition clusters and where people get liquidated THE MOST.also high leverage positions been shown. we also might consolidate today wating for CPI numbers to comeout before another major move.
BINANCE:BTCUSD.PShort
by pcmonk
AAVE Cup & Handle!KUCOIN:AAVEUSDT AAVE perfect cup and handle. Breakout will provide significant upside. 2 potential targets marked 26 to 36%. On rejection at breakout, look to enter possible pullback. Advanced traders could play the range on LTF. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
Rising Bitcoin: A 1-Month Trading ChartA 1-month chart analysis of Bitcoin can provide valuable insights for long-term holders of the cryptocurrency. By examining the price trends, volatility, and volume of Bitcoin over the past month, it is possible to make predictions about the future performance of the asset. For instance, a steady upward trend in the price of Bitcoin over the past month, accompanied by high volume, indicates strong investor confidence and market demand, which are positive indicators for long-term price growth. On the other hand, if the chart shows a lot of volatility and price swings, it could signal a lack of market stability, which may cause concern for long-term holders. Additionally, a 1-month chart analysis can also provide insights into the impact of any major events or news on the price of Bitcoin. For example, if there was a significant drop in price following the release of negative news about regulation or security, this may indicate that the market is still sensitive to such factors, and that long-term holders should be prepared for potential future disruptions. Overall, a 1-month chart analysis can provide valuable information for long-term Bitcoin holders to make informed decisions about their investments. By monitoring trends and staying informed about market conditions, they can make more informed decisions about buying, selling, and holding Bitcoin.
BINANCEUS:BTCUSD
by SuzanneSpisak