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Btcusdlong

BTC Bullish Pennant on 2Hr TFPresently BTC is forming a bullish pennant chart pattern on 2hours time frame. If BTC is able to break out of the pennant, it has a major resistance level to break at the yellow level. If that is broken, we can then resume the uptrend, else the price would crash down. The major indicator to watch again this week is the #DXY which i guess may have a temporary pullback once the FX market opens on monday, this mat cause a reversal for the general market in a short time
BITSTAMP:BTCUSDLong
by Popeson
Bitcoin- New leg up- probable, FOMO- not advisableBitcoin reversed around 30% from November's low with more than 20% made this year, and I already see a lot of people calling for a bottom. Indeed, this is a strong reversal, but calling for a bottom is a little early and, in my opinion, the economy is not out of the woods, by far. Nevertheless, in short term, I'm strongly bullish and I expect a new leg up. Yesterday, Bitcoin had an intraday correction and this could be it and a break above 21 could again accelerate gains to 23k. However, from a speculator's point of view, a buy here is not making sense from a risk perspective In conclusion, dips under 20k should be considered good buying opportunities, with a stop loss under 18k and a take profit around 23k
BITSTAMP:BTCUSDLong
by Mihai_Iacob
18
BTCUSD: A Breakout Finally! Will the Support Hold? | Jan. 13It looks like the bulls have finally managed to take control after a long sideways battle. In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to rally to $18,600 upon flipping the resistance at $17,700. The price rallied to $18,800 this week and broke the $18,800 mark for the first time after November. In the 4-hour chart, we can see a clear breakout from the supply zone at $18,800 on Friday. It is crucial for the price to sustain over the supply zone for a continuation of the rally. We may see a minor pullback, as the RSI is pointing towards an overbought state at the time of writing. If the supply zone is sustained, expect a strong move to the next resistance at $19,750. However, if the resistance at $18,800 fails to hold, the price could tumble back down to $17,700. Traders should wait for a retest before taking a long position, to be on the safe side. The major points of interest are $18,800 and $19,750.
by CoinMarketCap
BTCUSDT - Phoenix Ascending Points to $22KHi Traders, Investors and Speculators of the Chart📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 By using two trusted technical indicators together, were able to get a near term price target for BTC : $22K. When used correctly, Bollinger Bands in conjunction with Phoenix Ascending can provide a highly accurate price target. From these two indicators it seems that Bitcoin may soon attempt resistance zone $22K. The ultimate question though, is if we will be able to CLOSE above this zone or if it would just be a wick, hunting for stop loses. Want to know which altcoins you should be watching closely AND why ? Take a look here: 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34