Helical_Trades

BTC/USDT : Possible scenarios in every timeframes

BYBIT:BTCUSD   None
BTCUSDT BTCUSDT.P BTCUSD BTCUSD BYBIT:BTCUSD BTCUSD BTCUSD XBTUSD.P
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Are you'll ready for a $BTC's analysis tour?
Follow me in 3 Charts...



In 15Minutes Time-Frame, $BTC has formed a bullish cup&handle and the neckline has been located on $19500 - $19600.

- So if we get the closings above $19600, Then the breakout will be confirmed and bias could change into bullish, In terms of that; The market can climb to $19925.

- Otherwise, If we get the rejection below the marked blue zone, Then It's very possible for us to locate our Short towards $18800, Once it gets the hold below $19300.

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In the bigger picture, We have another two possible scenarios, In continuation of our last scenarios!

- As you can see, $BTC has broken below the last week's low and it's total bearish in the first view, But there'll be always a possible deviation on every break.
So, If we get the closings above $20000, Then we can confirm the deviation and our second Long towards $22000 will be triggered...

- Also, The bearish phase is still on, So if we get the closings below $18700, Then we can lay on our Shorts again and hold them till $16800.

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In our biggest picture today, We can see that the last two analyzes have a continuation relation together and this chart has the last relation with all of the two before!

- Currently, $BTC is moving in a bearish pennant, and in terms of a break below, It'll fall again as much as the pole has marked.
So, If we get the closings below $18600 or better to say $17600, Then we can confirm our possible dive to $15400.

- But also, There can be a pullback scenario as $BTC's still moving into the pennant.
So, If we get the closings above $23400, Then we can locate our Longs till $28550.


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