BTC mitigating orderblock (2) to moving upside. I m marking the circle showing upside momentum. So Bitcoin moving some upside possible. But Bitcoin was bearish. Mitigate orderblock (1) to moving downside is high possible. Or Bitcoin break order block (2), Bitcoin fall downside.
So far running 100 PIPS in profit! It is still not too late to get into Bitcoin buy positions, if you haven't already. Just adjust your risk for a bigger invalidation level & open up a buy position according to that. Move called live.
- i usually don't speak much when i don't see anything. - Right now we can just speculate on some scenarios. - so you can just imagine those scenarios with the figure i drew ( ending Diamond ) - you can notice some H&S and a big inversed H&S in the middle of graph. - BTC volatily is still low ( around 15ish) - i didn't find any convincing divergences yet. - The...
#bitcoin #btc has been forming a bullish divergence to be played out. A moderate bounce in mid/short time frame may be necessary. Breaking the lower trend line and major support will be the invalidation. Not financial advice.
CRYPTOCAP:BTC price in ascending triangle pattern! Current Price: $65100 Major resistance around $71,500 More precisely between 71500 - 73000 From my previous post $bitcoin lost a major support around 67000 and found support around 64300. Support around 64300 has not broken the angled support of the ascending triangle. It is important that bitcoin does not...
If the $61,000 support is broken, there is a fair value gap down to $42.00. All traders should be cautious as volatility may reach maximum levels in this gap. This is also a sign that the double top pattern is working. The $61,000 support is very important.
Beautiful move overnight on Bitcoin, with price dropping into our grey demand zone as I've been calling it for a week, giving us a wick entry & pushing up 130 PIPS in profit so far😍 Let me know if you got in!
Above 65094 and clearing 70028 we are looking to the upside for wave (iii) of ((v)). Update with targets soon! See also my related idea! Hit the like button if you like my analysis and follow me for future updates! Good luck!
Price is moving slowly and correctively which indicates a shift in the market is going to happen soon. The ideal place to look at is the golden zone ( Our Buy Zone ). LONG Setup: - Watch buy zone rejection - Look for a reversal pattern on lower timeframe - Watch for break of the blue trendline - Stoploss: Below the low after entry - Target: 73k, 80k, 88k....
Price of Bitcoin is getting closer to our grey, POI where we will be looking to buy this asset! This will be a good investment opportunity, as I expect market to take out early sellers. It's a good thing I trusted my analysis & didn't buy on Wednesday during CPI when we saw the original pump. Patience pays in this industry & also provides us profit🤙🏽
Hi everyone, so we had the dip, Bitcoin is lower, it came close to the 64,800 which was big support after the 66,200 was lost. But this is an entry for me, and I've been trying every step of the way to find support to go long. You see, once you pick a direction, it's better to keep your direction, and if you're long, stick to long positions. We've attempted many...
Bitcoin has retraced into the high 64Ks and overlapped Wave i of the minor impulse structure. Is the impulse no longer valid? I will explain, plus what to anticipate as far as bullish and bearish scenarios for the coming week. It is IMPORTANT to continuously evaluate BOTH sides of the market in order to gain a better perspective which plays a significant role in...
Hello Traders, We have seen in the last period nice bullish moves for Bitcoin. We are expecting now another move up towards 80k. Long Entry: - Look for a bounce off buy zone or any reversal pattern on lower timeframes - Stoploss: Below 65.5k - Target: >80k Good Luck and Trade safe!
Hello Everyone, I want to share this amazing thesis that I found on the Bitcoin chart. Everything is on the chart but I want to clear some insights about this. First of all, all Bitcoin bullish cycles have two sub-cycles: pre and post-halving sub-cycles. I believe the bottom is NOT in yet but we are close to that and it will be clear before Dec 2022 and the...
#bitcoin #btc price broke the trend line support in lower time frame , had a bearish retest and failed to claim. Full declination will cause minor corrections. Not financial advice.
Hello dear traders. Let's cut to the chase. There's no denying that price is weak and seems in desperate need of a new narrative or momentum. Technically, price is showing weakness in the mid-range, which is in line with the POC of the range as well. Momentum h4 EMAs (12, 21) are rolling over as well. The positive thing at this point is the bullish absorption...
Bitcoin (BTCUSD) was rejected yesterday on the 4H MA50 (blue trend-line) and that caused another pull-back that is about to test the 1D MA50 (red trend-line) once again. On Tuesday this level held and is critical to continue to do so as a breach might lead us to $60000. This is what took place on the April 08 - 19 Channel Down. It is important to note that after...
As seen on the chart, less than a month period, #bitcoin did unable to cross 72K, after 2 major declination, formed bearish double top pattern. Also in 3 months period, CRYPTOCAP:BTC formed Wyckoff' s distribution schematic and proceeding to last confirmation of the major correction. In lower time frame, #btcusd dumped from 70K to 66K heavily and lost the trend...