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Bitcointrading

Bitcoin Bitcoin support levels - $20,400 and $20,000 strong Support Bitcoin resistance - $20,800 and $21,000 strong resistance Trade with Risk management because market depends upon Bitcoin movement. ——————————————————————— Analysis: BTC Support is at $20,400 and the next support is at $20,000. BTC resistance is at $20,800 and $21,000. According to 1-hour timeframe, BTC has broken out of its trendline with high volume possibly heading towards $20,800 resistance but observing the previous two false breakouts, it would be better to observe at least the current hourly candle close. 200 EMA support lies around $20,350. BTC closed its daily candle red at $20,483. Manage your risk according to mentioned support & resistance levels Please be aware that the market will be volatile today as FED interest rate decision will be released at 11 PM Pakistan standard time, Exchanges will try to hunt stop loss so avoid high leverage trade
by Waqar212
Bitcoin Bitcoin support levels - $20,400 and $20,000 strong Support Bitcoin resistance - $20,800 and $21,000 strong resistance Market depends upon Bitcoin movement so we updated you. Do trade with risk management. ——————————————————————— Bitcoin had been facing a sell pressure on 4 hours timeframe However bitcoin is still able to hold the 20,400$ level of support along with 50 EMA Support, But if bitcoin confirms below the support, The next upcoming support for bitcoin will be 20,000$ therefore manage your risk according to support & resistance level and Please be aware that the market will be volatile as tomorrow will be FED interest rate decisions at 11 PM Pakistan standard time, Exchanges will try to hunt stop loss so avoid high leverage trade. Today's Cryptocurrency Prices by Market Cap The global crypto market cap is $1.02T, a 0.14% increase over the last day. The total crypto market volume over the last 24 hours is $74.92B, which makes a 14.97% decrease. The total volume in DeFi is currently $3.12B, 4.16% of the total crypto market 24-hour volume. The volume of all stable coins is now $68.23B, which is 91.07% of the total crypto market 24-hour volume. Bitcoin dominance is currently 38.71%, a decrease of 0.03% over the day.
by Waqar212
BTC/USDT - Bull or Bear? 📈📉🤔Big week with the FOMC set to announce on Nov 1-2. A .75 BPS move basically priced it at this point, however markets will be paying attention to any hints of further tightening or a FED pivot. Taking a look at the BTC/USDT daily chart, we see an important inflection point. Seems to be a big macro bull vs bear battle taking shape. Will we go bear and see resistance at the EMA100? 📉 Or is the 4H double top showing a bullish upside? 📈 Either way, we have a crucial week ahead for markets moving into the last 2 months of the year and into 2023. As always, eyes peeled and head on a swivel. 🤝 -TucciNomics Chief Overlord, AlgoBuddy
by QuantVue
2
BTC Bitcoin Bullish for another week As i told you in the last chart, we will go higher before going lower on BTC Bitcoin because of the Midterm Elections on November 8th: The U.S. midterm elections will be held on Tuesday, Nov. 8, 2022. All 435 U.S. House seats and 34 of the 100 Senate seats are on the ballot. Politicians, especially those in power, usually keep the market optimistic around the election dates. Afterwards i expect a sell-off to around $16000 by the end of the year. Looking forward to read your opinion about it.
Long
by TopgOptions
3
BTCUSDT Bitcoin support levels - 20,500 and 20,000 Bitcoin resistance - 21,000 and 22,000 market depends upon Bitcoin movement so trade carefully and do risk management always. ——————————————————————— Analysis - Bitcoin was rejected at its resistance level of 21,000 dollars, which is also the 100 EMA level on the daily timeframe. As a result, we need to watch where Bitcoin closes on the daily chart. If Bitcoin manages to break the 100 EMA and close above on the daily timeframe, this would increase the likelihood that Bitcoin will move higher, whereas if it fails, Bitcoin may experience a pullback. Adapt your risk management strategy.
by Waqar212
Bitcoin: Still Inside The TriangleToday you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The Bitcoin price is still in a a descending wedge pattern since the all time high. Many analysts are saying it broke the wedge upwards but from review of the chart the price is still inside with a strong chance of still breaking down forming a bear flag pattern with the break down around $18.9K. If the price breaks below that range, expect the bear flag target of $4K. If the price breaks upwards out of the wedge, there may be a good chance we may see $25K price which is the top part of the parallel channel (shown in blue on the chart). Also noted in the chart is the RSI, Stoch RSI and MACD. A move is definitely coming as we are near the end of the month. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
15
Bitcoin BTC: Concerns Ahead!Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The Bitcoin price has been forming a bear flag pattern with the break down around $18.9K. If the price breaks below that range, expect the bear flag target of $4K. This will not be a quick move in my opinion. Also noted in the chart is the Keltner Channel and Ichimoku Cloud as well as RSI, Stoch RSI and MFI. The price has a chance to get to the top of the Keltner Channel right before the edge of the Ichimoku Cloud resistance before dropping again. The RSI looks to be coming down again and Stoch RSI is getting ready for a bearish reversal. If price stays on the top line of the Keltner Channel and pushes through the Ichimoku Cloud, I would say there is a chance we go higher. It's not my favored opinion though. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
5