Bitcoin (btc) set to Start New Trend starting from WEEKLY chart
10 decemeber 2018 considering 12345 waves it ended on 08 nov 2021 considering it as impulse waves
and with that consideration and watching price action CORRECTIVE ABC was formed and connecting fib retracement from A to B, C wave was ended on 1.6 retracement which is a textbook projection
on DAILY chart
marking shicff pitchfork from starting point of ABC wave to AB (0-AB)
found that C wave has halted on lower median on pitchfork we plotted (((confluence 1)))
with the help of trend based fib extension, marking it with same point of pitchfork and connected the remain two points with median of pitchfork
considering ((1.382)) lvl as my golden zone for the price rejection was occurred (((confluence 2)))
as bear market condition are fast and furious the bull markets are big and slow, using TREND BASED FIB TIME, again the ((1.382)) levels were syncing with {MEDIAN + TREND BASED FIB EXT + TREND BASED FIB TIME} (((confluence 3)))
on 4HR chart
the yellow mark price action had bullish RSI divergence
THIS ANALYSIS IS PRE ENTERING THE TRADE
HOW TO TRADE? ? ? ? ?
the green buying zone, as price breakout and retest the zone specifically = 38200 to 38550 (((ENTER)))
it has mostly POSISTIONAL trade the Target has no limit instead using TSL will be great for maximising our profit
will update accordingly ...
Bitcoinusdt
BTC, BITCOIN, DAY TRADING, SIGNALBitcoin price is looking short-term bullish and likely we’ll ride the wave to 40k.
On probability and a little #TA, it’s more likely a bull trap before #BTC will crash to 30k or lower.
Until we get a daily close above 52k, nothing will invalidate the bears. In out view 30% chance BTC breaks out and up.. 70% crashes to 30k
Bitcoin price action
Chart analiysis: Bitcoin 1D chart forming a morning star candle pattern (bearish), volume descreasing (breakout needed), sotckhastic RSI in overbought area (bearish), 20 EMA making resistance (bearish), possible RSI support (possible bullish), Bearish flag froming (bearish), 40,000$ resistance (bearish), Possible Falling wedge forming (bullish but not for this month).
On chain analysis: Whales accumulation, to much people betting on shorts with high leverage, short term holders underwater profits, high amounts of puts instead of calls (bearish).
Fundamental analysis: Macro view bearish from Fed at all markets with the increase of interest rates and ending of money printing what takes desacelaration of the economy.
Conclusion: Down trend continuation or possible short squeeze (drastic price increase in short term).
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 1-hour time frame. The price has gone according to our analysis and has broken the R1 line which was previously the support line. The price has made its pullback to the R1 line and it is expected to fall. You can set the Short order at the R1 line and set the target at the S1 line. Keep the Stop Loss in the order because if the R1 and R2 lines are broken, then our scenario would have failed and we will enter a bullish phase.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTC Sell a break setup.Bitcoin - Intraday - We look to Sell a break of 35488 (stop at 36383)
Daily signals are bearish.
Our short term bias remains negative.
35511 has been pivotal.
A break of bespoke support at 35500, and the move lower is already underway.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 33151 and 32151
Resistance: 37500 / 38000 / 39000
Support: 36000 / 35500 / 34000
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 1-hour time frame. If the price breaks the S1 line, it can move down to the S2 zone. But if it goes up and breaks the R1 line, the next target would be R2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Bitcoin Analysis Must SeeBitcoin was moving in this channel since mid of 2020, it formed a Double Top Pattern on the weekly chart , there is two scenarios
first one if price did not close below 28k weekly we will have a bounce in price to levels of 40k,50k,60k this year .
second one price will close below 28k weekly and broke the pattern neckline then price will visit 23k , 18k areas.
I am so bullish on Bitcoin This year especially after this dip from 40k levels
this is my point of view
share with me yours
BITCOIN: Here's What You Need To KnowBelieve the chart above is very much self-explanatory
Bitcoin in trapped within a channel and nearing it's apex with an eventual price target of at least 30-27k which coincides with our horizontal support & area of interest and could also play out as a triple bottom which i think is more likely tbh.
Should we fail to hold that then 24.7k could be a possible reversal zone.
Worst case scenario 20k for 1 Bitcoin.
No I dont see bitcoin going below 20k and doesn't seem logical to me.
If you agree leave a like and share your thoughts and ideas in the comments.
BTC Catching the falling knife.Bitcoin - Intraday - We look to Buy at 30076 (stop at 29276)
We are trading at oversold extremes.
30066 has been pivotal.
We look for a temporary move lower.
Trading close to the psychological 30000 level.
We look to buy dips.
Our profit targets will be 32376 and 33176
Resistance: 34000 / 36500 / 38000
Support: 33000 / 32000 / 31000
BTC, BITCOIN, DAILY TRADE, SIGNAL#BTC will test the upside of the falling wedge and could breakthrough resistance with the right momentum and market sentiment. We should exercise caution here, given the trigger for the selloff (inflation, rate hikes & gov pressure) could still drain plenty of capital out of cryptomarkets.
BTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price had a sharp fall but it was supported at the S1 line. There are many resistances on the way of the price: R1, R2, and R3. It is expected for the price to make a pullback to the R1 line and then fall to $30K where it can have good support. If the R1 is broken then it will go to the next resistances. The lowest we expect it to fall down to is $30K but we need to pay attention to the fundamental news too.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
What is the Minimum price for BTC if we lose the supports?🤬😡🤢I explained in my previous prediction
so I want to predict what is the minimum price for Bitcoin if we lose the supports in this level.
Do Not Forget these are only predictions and we can call the bearish market is over when we see changes and weakening in the bearish trend.
BTC, BITCOIN, DAILY TRADE$BTC bullish divergence and a falling wedge both pointing to a small relief rally with a “small” potential for a continuation to the upside. Currently at a strong level of support hovering the 38k mark but breaking through the 40.3k resistance is not going to be easy… break to the upside and we could be back on track towards 48k. Breakdown support and we will be kissing 28k next
37K best buying target for ₿itcoin ?
Today H₿ Capital is analyzing ₿itcoin (BTC) based on a « 2 weeks » chart 📈
What we can see :
- Price could fall straight to our « Trend line of interest » (which coincides with a « Weekly » SSB flat - Ichimoku) if and only if buyers get exhausted during this dip.
- Bearish divergence on the RSI (we didn’t even touch the level 46,67 on the RSI), so there is still some rooms for more downsides.
Get prepared to buy at those levels :
37.000 / 37.500 $
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW H₿ Capital
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
Time to decide!!! Up or down?!As we can see the price squezzing inside the triangle..probably tomorrow we might see sharp move “up or down”
Btc volatility 39% which means too early to talk about new ATH’s
1) If the market wants to liquidate shorts,there will be a short squeeze approximately 46K-47K could be more!
2) If long squeeze; price may drop to 35k-36K
3) Institutional investors selling their Btc since December.Macro side still risky. There will be min. 4 interest rates increase this year (which is not good for us for Crypto)
4)There is a lot of stablecoins are waiting on the sidelines to enter the market..
I think everyone “Institutional investors” “Retailers” “Shrimps or Whales” everyone is waiting for clear direction!
Stay safe :)))
#BTC is being really messy now and consolidating in a range too.#BTC is being really messy now and consolidating in a range too. On LTF, structure is being shifted to bullish which is not significant enough unless it happens in 4H TF. Also, falling wedge pattern is formed on the support, which can breakout by next week. Still expecting a reversal or range to continue for this month.
By @CryptoAXEN