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Bitcoinusd

Bitcoin Bounced As Predicted! What's Next?From our previous idea, we can see that Bitcoin played out perfectly :) BTC bounced off of our upwards channel and continued to the 200 EMA (as we previously predicted). Now I'm watching to see if it can break above that 200 EMA (17,300 level). If not, then I'm looking to retest the bottom of the channel again (16,800). If Bitcoin does break the 200 EMA then I'm looking for it to touch the 17, 640 level (major resistance). If you enjoyed my TA, please leave a comment or send me a PM :)
Long
by CryptoScripts
5
BTC Bounced Perfectly Off Our Support!Looking at BTC on the 4hr chart, we can see it continues to be in our upwards channel, bouncing PERFECTLY off of the bottom of the channel/horizontal support at $16,750. Right now I'm expecting it to continue upwards and retest the previous resistance of $17,167 (red line) which also coincides with the 200 EMA a little higher at $17,300. If it breaks both of those levels, we're going to $17,640. If Bitcoin can't break the $17,167 level, then I'm expecting it to come back down to $16,736 and if that breaks then unfortunately we're going to $15,900 (next major support). I'm also watching the Wave Fusion indicator for any major signals that coincide with said support/resistance levels. If you enjoyed my TA or have any questions about it or the indicators used, please leave a comment below or send me a PM :) Check out my profile for other indicators and trading alpha! Thanks for reading!
Long
by CryptoScripts
6
Bitcoin is moving exactly as predicted!Hello, everyone! My last forecast on Bitcoin has been perfectly completed. I don’t want to be too self confident but it looks like I have now better understanding of the Trading Chaos by Bill Williams. It is the best motivation for me to continue studying and practicing this approach and I hope my articles are useful for you. What is next? Let’s take a look at 1h time frame of the BTCUSDT chart of the WhiteBit exchange. Wave 5 reached the minimal target at $17400 where I have successfully executed short trade. I decided that wave 5 have been ended because of the divergence with the Awesome oscillator. Moreover the wave 4 minimal condition have been met – the zero line crossover on the AO. I wanna tell you that you should confirm Elliott waves with the AO, because without it there is the high probability of misunderstanding the waves counting. The previous Elliott waves cycle have completed the corrective wave C and now I consider the new bearish wave 5 have been started. Watch out my analysis updates because the market is alive and we have to change our decisions when market shows us the new information. Best regards, Ivan
Short
by Skyrexio
12
BTC Rejects at our Trend Line! I tried to be as detailed as possible with the TA above. Please boost if you enjoyed this thread :) Bitcoin has been in an upward channel for the past two weeks and just rejected perfected off of the upwards channel resistance at $17,400. It broke down through the micro support of $17,167 and I believe it will reach our next target of $16,700 before having a relief bounce to retest the new resistance of $17,167 and possiblly climbing to $17,640 (our next MAJOR resistance). If we continue to break the $16,700 support and break down out of the channel, then my next MAJOR support for BTC is $15,900 and $15,600 which were our previous supports Nov 13th and Nov 21st. I'm personally waiting for another buy/sell signal from Wave Fusion, especially if it coincides with a support/resistance level. If you enjoyed my TA or have any questions about the indicators used and how to gain access (Wave Fusion), then comment below or send me a PM :) Thanks for reading!
Long
by CryptoScripts
Bitcoin – my insane swing trade revealed!Hello, everyone! The information from the previous analysis is still actual, locally we can expect for the local pump to $18k. As you know in my local trades I made a lot of mistakes and try to fix it with the new knowledges and practice in Trading Chaos. But in swing trader I am pretty good. As you know I believed in the bear market continuation when the Bitcoin costs $21500. Now I can see that the bear market still has not been ended, but we can use the opportunities which the bear market will give us. Let’s take a look at the 1D timeframe of the BTCUSDT chart of the WhiteBit exchange. I drew the wave Elliott waves structure. Now Bitcoin is printing wave 4 inside wave 3. Maximum target for wave 4 is the $18k (just below wave 1 bottom). I wanna to accumulate short to catch the massive move to the downside because wave 5 inside wave 3 is anticipated. $12k is the target. It’s about 25% decrease in price! $12k is the super safe buy zone. Here I am going to close my swing short and buy BTC with 50% of my deposit. wave 4 which is going to follow after that can easily hit $17k. I am sure that all traders will believe in the new bull market after this move. But all of them is going to be disappointed becuase the wave will turn their mood into depression. That’s what we need to enter the market before the new bull market. Let’s wait! Best regards, Ivan
by Skyrexio
14
Bitcoin – bullish rally will continue!Hello, everyone! In my last Bitcoin analysis I told you that the rally in the corrective wave C have been finished and I opened short at $17100. But I have correctly defined only the wave 5 inside wave 3, but not the wave 5 of the entire Elliott wave cycle. I fixed this mistake and closed short trade because expect another one push to the upside. Let's take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. The point where I have opened short was the wave 3 top and I was lucky to notice that when my position was in small profit to close it. I always make this mistake with the corrective wave 4. Usually I think that it should be shorter in terms of time that it is. The target area of the the wave 4 have been already reached an I decided to open long trade for the potential wave 5. Wave 5 have two possible targets - the minimal one is $17400 and the maximal is $17800. I will observe the market to close this trade in time. The strong confirmation for the end of this rally will be the divergence with Awesome oscillator. Best regards, Ivan
Long
by Skyrexio
11
BTC Daily TA Neutral BullishBTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. * SUNDAY SCARIES WATCH . Cryptos are relatively flat with a bit of upside as we get halfway through the weekend. With no really important economic data or events happening until CPI on 12/13 and the last FFR hike on 12/14, we could see a nice little run in Equities and Cryptos this upcoming week. Key Upcoming Dates: US November PPI 830am EST 12/09; US November CPI 830am EST 12/13; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14; US November New Residential Construction at 830am EST 12/20; US Final Q3 GDP Estimate at 830am EST 12/22; US November PCE Index at 830am EST 12/23; UofM Consumer Sentiment Index at 10am EST 12/23. * Price is currently forming a Bull Flag pattern after breaking the previous Ascending Triangle pattern as it trends sideways with a downward tilt at $16974. Volume has been shrinking and alternating between buyer and seller dominance for the previous five sessions, this is indicative of an impending breakout or breakdown. Parabolic SAR flips bullish at $17180, this margin is bullish. RSI is currently trending up at 48 after forming a soft trough at 46, the next resistance is the upper trendline of the descending channel from January 2021 at ~58. Stochastic remains bearish and is currently trending up slightly at 88 as it attempts to form a bullish crossover at 92, it's barely clinging on to the 'bullish autobahn zone' (above 90). MACD remains bullish and is currently testing -232 minor resistance. ADX is currently trending down at 37 as Price is trending sideways, this is neutral at the moment. If Price is able to push up from here then it will likely test the 50MA at ~$18300 as resistance . However, if Price breaks down here, it will likely retest the uptrend line from March 2017 at $15800 as support . Mental Stop Loss: (two consecutive closes below) $16600.
COINBASE:BTCUSD
by dailytaguy
Bitcoin Analysis 02.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
by basictradingtv
4
BTC - What December Holds HistoricallyHi Traders, Investors and Speculators 📈📉 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. 👩🏫 In today's analysis, we take a look at Bitcoin over Decembers from the past. Which direction does the price usually go, bullish or bearish ? It's no surprise that it seems to be a near equal amount of months up vs. down. Over the 11 months observed, we notice 6 green Decembers and 5 red Decembers. This makes probability near equal. However, we could take a look at a few other interesting observations: 💭 Highest increase for Bitcoin was +58.92% when the lowest decline was only -33.15% 💭 More often than not, two months of the same color follow 💭 The biggest yearly increase was during December 2012 - December 2013 with a whopping yearly increase of 9,899.19% 💭 The second biggest increase after that was from Dec 2016 - Dec 2017 with +2,681.15% 💭 The biggest yearly decline was from December 2017 - December 2018 with BTCUSD losing -84% The crypto winter that started in December 2018 was one of the worst yet... But with the industry under pressure, could this year be the new record? IF BTCUSDT were to drop to $11 000, that would be a -81% decline from last December. From all the above... Which way do you think the price will go during December 2022 ? _______________________ 📢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
BITSTAMP:BTCUSD
by CryptoCheck-
41
Bitcoin is about to crash!Hello, everyone! As I mentioned in my last analysis the correction was not over and I am waiting for the wave C to $17600. Today we saw this pump and I suppose that it’s about to the end. Let’s take a look at the 4h time frame of the BTCUSDT chart of the WhiteBit exchange. The Bitcoin price found support exactly as was predicted at the 0.61 Fibonacci retracement. Wave B have been ended and the wave C started there. Now I can see that wave C could be close to it’s finish because of internal waves structure. Now the price is printing the wave 5 inside wave C. According to the liquidity zones analysis we can notice very strong one above $17300. I suppose that the market maker will collect this liqudity before the new deep dive. I have already opened short position at $16800 and will enhance it at the $17200 and $17500. Take profit is below $14k. Best regards, Ivan
Short
by Skyrexio
23
BITCOIN ABOUT TO BOUNCE TO 17KHallo this is my first idea on Trading View. (Reupload) have an issue before so i reupload this. I'm not gonna explain the detail cause i'm not good at explaining things in english but i'll give you an idea that may help you doing analysis from another perspective. Let's start it >> Scene 1 : if Bitcoin have a good close bellow 16100 in 1 hour time frame, it's quite likely that we go down to the support area and if we bounce and close above support area we can targeting on 17000. Scene 2 : if Bitcoin close above the mid channel in 1 hour time frame (green small elipse) or you can also use MA, it's possibly we can go slowly upside to 17200. If you want more please comment and support by boost my idea. !! This is not financial advise, this is only an idea. Always becareful and keep on your own analysis. ThankYou ~ Sinn 28/11/"22 23:00
Long
by mrsinn
2