On the BTC/USD 1-hour chart, Bitcoin faces resistance around $70,200 and may pull back to hunt stops below the recent low of $68,300. This suggests a potential short-term decline before any further upward movement.
From my previous CRYPTOCAP:BTC bitcoin analysis, Bitcoin successfully retested the rising channel for higher prices. Current Price: $69800 On closer observation, Bitcoin has further transitioned from a Falling Channel to now an inverse head and shoulder pattern with neckline resistance around $71,500 If Bitcoin is going to move to higher prices then price...
Morning folks, Mostly this idea is a continuation of the previous one, but there I've put too many updates already. So let's make the new one... BTC also was hurt a bit by NFP numbers on Friday but not as strong as EUR or Gold market. We suggest that it keeps bullish context valid. Besides, we've got bullish grabber on Friday as well. Our nearest upside target...
Very simple. 10D candles show practically the same thing. I guessed the run up, now let's get the run down. Pullback neccessaryfor higher prices come late summer before another pullback come mid August. MACD has bearish divergence and also hitting resistance. RSI making lower highs as well.
Over the past 15 years, Bitcoin has consistently exceeded projections and expectations. In just over a decade, its value has surged from mere pennies per coin to over $50,000 by 2021, capturing global attention. As of June 2024, Bitcoin's price hovers around $70,000, with the next major milestone being the highly anticipated six-figure mark. While reaching...
#AUDIOUSDT(Update) Hey dear traders. Hope you are enjoying analysis with our team. we are here to analyze AUDIOUSDT today. AUDIO has Successfull Breakout Done in 12H time frame. Expecting Massive Bullish wave📈🚀
BTC had a hard time moving upward last week, momentum was so choppy and slow, and then NFP data and 72k resistance hit the final blow and made a 3.5k drop in the price. this sharp decline in the price can push the price to lower levels like 65k and 64k and even lower. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Here is a new short trade idea. The price has been pushing up after the last big drop around 5 percent. The price found support around 68.5k zone and since then it is pushing up slowly. This push has been really slow and likely to reach till the low TF resistance LTFR1. I expect that the resistance there would make the upward push of the price to stop and then...
** CRYPTOCAP:BTC performed Falling wedge in 1D TF ** Keep eye on it Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. -...
#TRUUSDT (UPDATE) Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about TRU. TRU is exactly on the way as predicted. All targets hitted successfully This is again in good move. Breaking bullish pennant. We can see gain here upto 30%+ in this move
#AUDIOUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about AUDIOUSDT Falling wedge formation in 1Day Time frame ✅ Expecting 90% + profit in coming days 🚀⚡️
#bitcoin #btc has formed bearish divergence although the price breakout the ascending channel. Better to be careful. Not financial advice.
BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...
Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You. We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level. That's an excellent signal, in my...
Last weeks high: $71,199.84 Last weeks low: $67,611.61 Midpoint: $69,801.22 Chop, chop and some more chop for Bitcoin. A steady a climb for BTC last week from range lows made at the beginning of the week with a high just shy of $72K before freefalling to the 0.25 line which coincides with the '21 ATH level l, and a bounce back up to the midpoint which is...
#ARK Hello traders hope you are enjoying our Analysis. Now we are here again with a new trading opportunity ,we will discuss today about ARKUSDT ARK Has successfull breakout done & Retesting is in process ✍ Expecting massive Bullish wave in coming days 🚀
#ERNUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about ERNUSDT ERNUSDT is getting good volume in 1D time frame In tha casa of upside breakout Expecting 100%+ profit 📈
#POLYXUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about POLYXUSDT Bullish flag Break out done in 1D time frame ✅ I Expected 80% profit in coming days