12 days ago, BTC Daily faced rejection, whereas the 6-hour chart appears stable. Currently, the price is hovering at the support level. However, come Monday, the situation could shift, regardless of the direction. If Bitcoin rallies to the lower support in daily, will your position remain secure? If not, you may be overexposed! Many new traders make this...
Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. ...
📊#BTC rising triangle failure, alert to medium-term fall risk.⚠️ 🧠From a structural point of view, we fell below the bull defense point, so the big double top bearish structure was established. If we fall according to this structure, there is a high probability that we will enter a deep callback stage, so please be wary of being bullish! ➡️We are currently near...
Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) . In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) . In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern . I...
Dear Traders, We are convening a discussion focused on #DEXEUSDT The Symmetrical Triangle Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 30% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart...
📊#BTC has a chance to form an ascending triangle👀 ➡️Yesterday, we broke through the main resistance area after rising according to the double bottom structure, but fell sharply without achieving the ideal goal. So, will we be bullish or bearish next❓ 🧠From a graphical perspective, we have the opportunity to form an ascending triangle. The probability increases...
#Bitcoin Short-Term Analysis Bitcoin's price action (PA) is expected to be choppy in the near term, providing more consistent opportunities in altcoins. If you're trading with leverage, be prepared to see your positions fluctuate between gains and losses. Just take a look at the current price action. Key Levels to Watch: - Bullish Sentiment: Bulls need to hold...
The price has bounced from 4h support 4HS1 and now it has headed towards 4h resistance 4HR1. The price is currently trading inside this resistance zone. The price will face some struggle here and some pullback may be expected. Some momentum is there and the price has moved to this resistance 4HR1 from the support 4HS1 quite quickly. And therefore, any short trade...
🤷Unfortunately, the long order we left yesterday was wiped out after the stop was moved up. But it doesn’t matter, it’s just a small profit.💰🍻 🧠At present, we have once again come to the contradictory interval, which is also called the unprofitable interval, so we choose to give up the long trading opportunity here. ➡️If we choose to break directly above the...
For the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions 🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and...
Hi Realistic Traders, let's take a look into the technical analysis of BINANCE:BTCUSDT after halving! Bitcoin has consistently held above its bullish trendline, rebounding from it three times. Recently, it has moved above the EMA90 line again, suggesting the trend could continue. A closer look at the price action shows Bitcoin breaking out of a falling wedge...
After Mt. Gox moved $840 million in Bitcoin to a new wallet , Bitcoin started to fall. Bitcoin has managed to break the lower line of the ascending channel . According to the theory of Elliott waves , it seems that the next corrective waves have started . I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) . Note: An important point...
BTC/USDT Technical Analysis! 🔹 Current Price: $68,390 🔹 Strong Support: $62,433 🔹 Resistance: $73,000 BTC closed with a red daily candle at $68398 and is still trading sideways. It recently broke out of a symmetrical triangle, indicating potential upward momentum. This sideways PA is the reason why Alst are breathing green. Watch for a break above $73,000...
📊#BTC is jumping up and down, what will happen next❓ 🧠From a structural point of view, yesterday we achieved the goal of the double bottom structure and saw a sharp pullback, which is very reasonable. ➡️From the perspective of wave theory, breaking through wave 4 means that wave 5 has ended. ➡️The end of the correction does not mean that it will continue to...
🧠Yesterday, after the bearish head and shoulders structure was established, we entered the market to go short at 69134. However, according to the structure at that time, it may also evolve into a bullish cup and handle structure. Therefore, in order to prevent this possibility, we moved the stop loss down to 69158. But it was eventually swept away and ended with a...
BTC is trading at %68500 as we speak. These green boxes represent the price action after #BTC halvings. We've never seen a red year after a halving. Bitcoin halvings are significant events, here are the percentages of Bitcoin's price increase one year after each halving event to date: 1. First Halving (November 28, 2012) - Price at Halving: ~$12.35 - Price...
The price is showing weakness here and seems to be inclined to go downwards. Here is a short idea based on this inclination. Next supports are 4HS1 and DS1. We take profit at 4HS1 which is the first support zone. The price may bounce there, and therefore we will reevaluate the price action there. The price may eventually then target DS1 subsequently which is a...
Dear Traders, We are convening a discussion focused on #ACAUSDT The Trendline With Support is Formed Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 50%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading...