Get started

Bitcoinusd

October closing price $20,498 - could be a Buy signal for Nov it is quite obvious what bitcoin is about to do here. Bitcoin is about to pump our bags. you dont have to short this. dont get me wrong. nothing in the crypto market is for sure. . . June - short (-76%) July - Long ( +28%) Aug - short ( - 21% ) sep - short ( - 18% ) oct - Long ( +13% ) Nov - Long ( +? ) Dec Do I really need to go into detail here? i think the bears in this quarter of the year got nothing to dump. anymore the entire market in the past month has been on a selling spree, i would speculate based of TA that bitcoin would hit the levels respectively Level 1 - $ 23,288 Level 2 - $ 31, 861 tell me what do you think
BLong
by valiktrade
BTCA descending triangle has formed on the Bitcoin chart, this is a pattern of the continuation of the downward trend, and many expect it to be broken. However, in our case, it is possible to work in the opposite direction, and here's why. I think several large traders have been gaining positions for 5 months already, at the levels of 18000-20000, and in order for them to gain a position, they should create sawtooth movements, i.e. false breakouts up and down. As a result of such actions on the chart, the descending triangle should become a rectangle with sides 18.000 - 22.500 (25.000) . At some point, it is likely that the price will follow the stops to the level of 16.000. My opinion is that bitcoin is in accumulation, and this is a good sign of further rapid growth, under fundamental economic and other conditions.
by monsRUS
7
Bitcoin Go Long Above 21530 and Go short below 21053 and 20386This is a short term analysis for 15 mins time frame for bitcoin Execute Long position only above 21530 with 5 mins candle confirmation breakout for targets of 21645/21768/21919/22089/22193 ( Stop Loss will be strictly 21289) Execute Short position only below 21053 with 5 mins candle confirmation breakdown for initial targets of 20908/20763/20667/20572 ( Stop loss will be strictly 21190) For further breakdown wait for 20386 level to break and enter new short position with 5 mins candle confirmation for targets of 20155/19785/19410/19173 ( Stop Loss will be strictly 20572)
BITSTAMP:BTCUSD
by Ski5iS
Bitcoin – big danger is incoming!Hello, everyone! This pump on Bitcoin price was predictable. I told you that the wave 5 is incoming, which has two targets – $21500 and $22000. Today I can say that the pump can be already ended. Let’s take a look at the 4h time frame BTCUSDT chart of the WhiteBit exchange. Here we can see the the price have formed the wave 4 as the flat correction. Wave 4-b could be interpret as the wave 5 by mistake, but the Awesome Oscillator helps us to identify it. Wave 4 can be ended (in most of cases) if the AO crossed the zero line. We saw it only when the 4-c wave have been formed. Wave 5 has the minimum target at 0.61 Fibonacci extension, approximately $21500. The maximum target is the $22000 – 1 Fibonacci level. The minimal target have been already reached. Thus we can see the reversal from the current prices. Moreover the divergence is forming on the Awesome Oscillator, whci is another one confirmation. I am waiting for the last sell-off, but have 23% of deposit in crypto in case I am wrong. Market did not give me the nice entry point in long trades with the full deposit, hence I am patiently waiting for the bottom. Best regards, Ivan
by Skyrexio
18
BTC Daily TA Cautiously BearishBTCUSD daily guidance is cautiously bearish. Recommended ratio: 35% BTC, 65% Cash. *Cryptos are up after briefly dipping during Fed Chair Powell's press conference speech yesterday. DXY and US Treasuries are up on the Fed announcement that they still have a "ways to go" in raising the funds rate to sufficiently restrictive levels. This positive correlation is likely to continue to put more downward pressure on Cryptos and Equities. Agriculture is mixed. Equities, Equity Futures, Metals, Energy, CNYUSD, JPYUSD, GBPUSD, EURUSD and VIX are down. The third GDPNow US Q4 GDP estimate is 3.6%, up from 2.6% on 11/01 . This estimate is almost solely based off of September M3 Manufacturing (Shipments, Inventories and Orders) with New Orders coming in higher than in August, which signals a still strong US consumer. What the estimate ignores is ISM Nonmanufacturing PMI missing expectations (hinting at slower growth in the service sector which comprises 70% of US economy) and the widening trade deficit (more imports than exports) in the International Trade Report . Today Japan issued evacuation warnings in certain regions (again) when North Korea allegedly fired an ICBM along with several short range ballistic missiles into the Sea of Japan as part of their "military drills" before their planned 7th nuclear missile test. In early October 2022 NK tested more ballistic missiles in the Sea of Japan, this prompted the US to call an emergency UN Security Council meeting where they accused China and Russia of protecting NK from international sanctions . Key Upcoming Dates: October Employment Situation at 830am (EST) 11/04 ; US October CPI at 830am EST 11/10; UofM November Consumer Sentiment Survey at 10am EST 11/11; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30.* Price is currently trending down at ~$20200 as it attempts to defend $20k psychological support to avoid retesting the 50MA as support at $19417 support. Volume is currently High (low) and on track to favor buyers if it can close today's session in the green, if this happens it would break a four day streak of seller dominance. Price continues to hover around the VP Point of Control at $20300 for the eighth consecutive session, a clear sign of consolidation before a breakout or breakdown. Parabolic SAR flips bearish at $19323, this margin is mildly bearish at the moment. RSI is currently trending up at 54.26 after bouncing off of 52.5, the next resistance is at 57.34. Stochastic remains bearish and is currently testing 55.55 support. MACD remains bullish but is trending down at 258 as it approaches a test of the weak uptrend line from May 2021 at ~210 as support, if it breaks below this level it would be a bearish crossover. ADX is currently trending down slightly at 17 as Price continues to trade sideways around $20k, this is neutral at the moment. If Price is able to breakout from here (above $21k ) then it will likely aim to retest $24181 resistance . However, if Price breaks down here, it will likely test the 50 MA as support at $19417 support . Mental Stop Loss: (two consecutive closes above) $21k.
COINBASE:BTCUSD
by dailytaguy