Bitcoinusdt
💡Don't miss the great buy opportunity in BTCUSDjust now
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (55962.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 59314.30
TP2= @ 62033.55
TP3= @ 64871.92
TP4= @ 70000.00
TP5= @ 75000.00
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSDjust now
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (55962.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 59314.30
TP2= @ 62033.55
TP3= @ 64871.92
TP4= @ 70000.00
TP5= @ 75000.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Bitcoin BTC Bart Simpson Wyckoff to 20kIm starting to see Bart Simpson all over the place.. let me know what you think is the comment section... Maybe you know about Wyckoff Phases.. one of my member bring this back today, Bart Simpson is Richard Demille Wyckoff :-)
Do you think this scenario is possible?
As a trader, we should be familiar with some of the leading theories concerning market structure and cycles. Some of the more popular ones include the Elliott Wave Principle and the Dow Theory.
If this plays out 20k ? Last 2017 Bullrun !!Top
BTCUSDTBe so careful about your positions. We are going to see another fairly sharp fall in Bitcoin. The price it is likely to fall down to is shown between the two horizontal lines.
"We suggest you to use leverages 2 or 3 to have more ease of mind while trading. You can use higher leverages if you hold more margin in your Futures' wallet. Good luck!"
BTC Looking For A Recovery??!We've have been seeing a healthy correction over the past 2 weeks and i think we could see BTC start to recover a little bit soon. We have been riding the bottom bollinger band for the last 5 days or so and we could see a break of that after our daily close tonight! Looking for a break and hold of the 0.3 FIB level or aprx. 50.8K$. The Zero Lag MACD is showing a possible reverse with us getting a buy signal aswell as a strong reversal of the red MA. Our blue and orange look like they are about to swap and turn bullish! It is possible we get rejected at the 0.3 FIB and we very well could see a stronger pullbck i would say at the most bringing us to low 40s to 45k. We are still seeing money flowing out looking at the Chaiken Money Flow, we are starting to come back up hoping to see a nice curved bottom and some money flowing into BTC and the market. Not financial advice just my opinion! rarible.com check out my first NFT! leave some feedback and there is more in the makes right now!
The correction wave of the Bitcoin cycleAccording to the references, the third wave of the cycle, if it is elongated, then one should expect the correction of the cycle to be in the range of the fourth wave of the microwave. I predict this range will be up to the area and from 25,000 to 30,000 dollars.
BTC buy a break setup.BTCUSD - Intraday - We look to Buy at 65044 (stop at 64186)
The primary trend remains bullish.
Price action resulted in a new all-time high at 64900.
A break of 65000 is needed to confirm follow through bullish momentum.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Short term bias is bullish.
Our profit targets will be 67388 and 68488
Resistance: 65000 / 66000 / 67000
Support: 63800 / 63000 / 61800