Price keeps hitting above 50k Major resistance at 50500, if it gets broken expecting a rally towards 51500. If rejcted, bounce back to 50k with subsquent break towards 49150.
Inverse H&S printing? Needs support at 49200 for right shoulder to come into play. Could bounce nicely of 50 EMA around this level. Let's break and support 50k!
btc once again touch 50k, now guyz ready for huge dump timeframe 1week enjoy the short party, personally i m shorting btc from above 50k ladder shorting till 51k liquidation must be above 60k.
#Bitcoin looks a bit exhausted and top heavy. Trendline from start of this rally seems to be broken, but the daily still has a lot of hours in it. If we are to move up from here, we would like to see a flip of the 50k resistance level. If we move down from here, the green box is where we will look for longs.
Whether you are still accumulating, just hodling, or swing trading. I think it is time to add a little more or open a new swing trade long position. $48K to 52K plus would be easy from here. Results, like opinions, may vary. Good luck!
BTC looking bullish and forming High highs and High lows in 4H and 1H charts. BTC tried to break the 50k resistance multiple time and just below 50k and moving in an uptrend. We could see it breaks the 50k and then break out to 54k. If BTC breaks downwards we could see a bounce back at 48k (usually we have seen bearish breakouts with rising wedges so be cautious)
BTC is near to the 50K resistance that will probably need some attempts to be overcome and some serious volumes. The RSI is still decreasing showing loss of momentum and foreseeing a hidden bearish divergence. When BTC will go back to the over-50K range the sentiment will almost certanly be universally bullish and lead to an injection of liquidity. The 20D EMA...
Welcome folks to this important update on BTC. In the previous 4 hours chart update, I clearly mentioned the fall or a bounce in BTC price and we all know that BTC took a nice bounce from the 100 MA. Now, let us look into this chart which indicates some positivity in the market. The lower trendline (acting as a support) is close to the 100 hourly moving average....
BTC stations at 42, 45 and 50k. After calling out the bottom, also rsi had broken out of the TL>After breaking out from the super imprtant Tline, rounded fr simplicity. station 1 is done. more importantly 200 d sma at 44800 needs to be smashed to bits. super important. on way down 21 week ema at 39670 to offer support This is Wave 5 subwave 3(I) in progression the...
Bitcoin looks bullish to me. Based on the depth of the cup and handle, I've put a conservative technical target. I think BTC is going to 50K before any lower lows (if any). Possibly 30K is support but we may not need to test it again.
risk/reward ratio more than 15 !!!!!!!!!!! its my point of view for the chart
There is a possilbity that big players are already buying the dip without the public noticing it. What do you guys think? Comment below your views.
Welcome to this quick update everyone BTC broke out of the falling wedge pattern as per in my previous BTC Chart. What’s really important right now for BTC is already break the 50 MA done and has to maintain the 50MA the 21 MA in this 4 hour chart. To keep it simple 37k needs to hold for btc to remain bullish and break the 40k level. 43k still remains the target...
Okey looks like bitcoin is going to dump. Tbh i really don't know where we will bounce but i think this is most likely scenario to bounce on golden pocket and retest daily EMA. I know 42k is still on table but i bet more on 50k long.
A normal post for perspective. A look back at the past, unfortunate buyers who FOMOed into $60,000 USD trades and spot of bitcoin are now almost down 100 grand. Often, we don't expect more than 15% corrections, and we could even expect something as much as 50% in this run. 30k is not out of sight, but at that point is it really a correction or a bear market?...
I'd expect BTC to have to fight pretty hard to get above that mental 50k level. However, the pitchfork and fib levels are providing a pretty nice little pathway to breaking through that. We're in a bull market, dips are for buying. The trend is your friend. If I wasn't already long on btc? I'd probably look for a retest of 50k as a good place to enter. I'd also...