BTC / USDT
Bitcoin Price is testing strong (weekly) resistance zone in confluence with strong fibonacci level 0.618
In Weekly and monthly charts are looking more bearish in short term
However, in daily time frame .. we have some local Supports like Trendlines in my chart and ma 100 ,,,but we still need to flip 58k-60k resistance zone for a potenial move up to...
On the 4Hour chart we can see a double inverted Head and Shoulders formation, as seen in the first one these usually lead to the upside
On the weekly chart, inverting the price, an Adam and Eve pattern can be identified (Eve being more rounded compared to Adam)
I believe Bitcoin should push up and continue the rally for some time before the bears kick in
...
in one of my previous analysis I mentioned that it might fly off of this area, it did, but came back to test it anyways.
BTC dominance is falling, Eth is running, Alts are coming as well.
BTC came back to test the new support again it seems like it's holding quite well.
the trend is still healthy & we might see higher price action these couple of days.
like, comment, share your thoughts.
Bitcoin has recovered very strongly after our recent correction, even while dominance was falling! We are currently sitting directly on the 0.2 FIB level and our daily close is in a little over an hour, i will be watching closely as if we drop below the 56K level we could see a little downside. We are seeing the EMA ribbons starting to squeeze together, they...
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Hi guys..its the latest analyze chart of BITCOIN in 2H time frame(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
just now
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (55962.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
just now
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (55962.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the conditions of the strategies are satisfied. Press like Button to support this video and let me know in the comment section if you have any questions.
