In my opinion we are on accumulation zone of bitcoin, total amount of bitcoin inflow on exchanges is negative in the last 30 days. BTC is trying to breakout and reclaim 20k. The next resistance areas are on the chart above But i think it's not a big move yet, could be a small bullish move only before correction on the next 25-28th Oct. The invalidation for...
Past Performance of Bitcoin Bitcoin prices are gradually inching closer to $20k, a crucial psychological reaction level for traders and analysts. Following gains on October 25, BTC bulls are rejuvenated. The coin could rally this week, shaking off the weakness of the better part of Q3 2022. In all, BTC prices are range bound, but a breakout could be on the offing...
Today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The Bitcoin price is still in a a descending wedge pattern since the all time high. Many analysts are saying it broke the wedge upwards but from review of the chart the price is still inside with a strong chance of still breaking down forming a bear flag pattern with...
By adjusting the LOW MA from 111 to 110 we see the Pi Cycle Top label appear for the previous cycle. History would suggest that the bottom is IN for bitcoin. Will Rishi Sunak be buying with Britain's Balance Sheet?
big breakout is coming incase of upside breakout expecting move towards 24500 to 25000 incase of downside breakout btc can test 14500 to 15000 area
Hello, dear traders, I hope you are doing well. When Bitcoin went up and broke a resistance, I gave a bearish warning in the previous analysis. With this drop, I think this scenario is getting stronger. The area of Range is full of theft stops, please be careful. Comment if you have any questions . Check out my bio. Thank You
Bitcoin support levels Bitcoin 1st Support Level $19,200 2nd Support $18,600 strong Support mean here buyers available Bitcoin 1st resistance - $19,500 and 2nd Resistance $20,000 strong resistance (it means seller available at this points) Market depends upon Bitcoin move so trade carefully and keep risk management we updated you about Bitcoin....
BTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. * BULL TRAP WATCH . S&P October US Manufacturing PMI came in at a 28 month low of 49.9 compared to September's index of 52 , and Composite came in at 47.3 compared to September's 49.5. The rate of decrease in this month's Composite PMI is the third fastest since 2009....
BTCUSD intraday trading alert 3 steps must fulfill before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you in the home ⬇︎ More info in my profile.. Good luck traders..
Past Performance of Bitcoin Bitcoin might be up four percent in the past 72 hours at press time, but there is nothing major to write home about. As it is, prices are still in the $2k trade range, oscillating with caps at $18.5k and $20.5k on the upper end. The rejection of prices from last week's support level may point to strength. The primary bearish trend...
Hello, dear traders, I hope you are well Note: The situation is very complicated and the analysis error places are high. Please be careful of your position. We are in a part of the market that we must have a deep and specialized look at. We have range for a long time and the number of price action scenarios and wave counting is high. I think we are in a double...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 The price of Bitcoin has been trading sideways in a tight range for a few weeks now. The bulls and the bears are...
How's everyone doing? I have a good analysis here after Bitcoin latest volatility pickup after CPI data comes out worse than expected. This happened A month or two ago where bad CPI data came out but bulls bought the dip and rejected the downside move (manipulation?). Anyways this analysis points out not to get too bullish here although the daily candle looked...
LONG TERM STRATEGY This pair has been ranging for the last 4 weeks, after it broke out of the rising flag. I anticipate that the price will continue with the bearish momentum after breaking of the range. Long term target is $12,000 zone entry at $18500.
Take a look at this extremely long downtrend we have been in... We just broke out of it and BACKTESTED the top of the trend. We are going higher folks... HANG ON!!!
Bitcoin was rejected by the resistance at $19,700. The bulls don’t appear powerful enough to rally. Any substantial movement in the crypto market does not appear likely unless there is a breakthrough on either side of the current range. Earlier this week, the SPX showed signs of a strong reversal which helped Bitcoin recover from the lows that it had formed at...
Past Performance of Bitcoin Bitcoin remains in a stubborn trade range, reading from the formation in the daily chart. Prices are wavy within the $19k and $20.5k zone, and bulls, despite the lead from mid-last week, are unable to follow through. Technically, sellers are in control, and prices are within a bear breakout formation below the minor bear flag of the...
BTCUSD daily guidance is neutral bearish. Recommended ratio: 35% BTC, 65% Cash. *BULL TRAP WATCH. Bitcoin is at a critical resistance and is currently testing a one year descending trendline. Cryptos, Equities, Equity Futures, Energy, Gold, GBPUSD and JPYUSD are all down while DXY, US Treasuries, VIX, Agriculture, EURUSD and CNYUSD are up. UK Prime Minister...