BTC Short term Update Bitcoin bounced very well from the 54000$ support area, As you can see a double bottom has formed there. 60000$ is very important to us, Reclaiming this zone can push bitcoin higher and cause this correction end. For now we have two scenario that reclaiming 60000$ is not one of them, According to that the blue trend line hasn't break yet...
BTC (Day chart) technical analysis update. BTC currently trading at fib 0.5 level and price touched 100EMA, 100 MA will act as good support for BTC Also, previous resistance (Higher high) acts as major support. In the day chart, BTC formed ascending channel. I’m expecting the price could bounce off from the current support level. If the price drop below 53k ...
Another Shakeout after the SEC announced that they want to sue Coinbase. it's good and easy to be on the Dark Side to create "insider Trading Fuds" and REKT retailers when BTC pumping. That said this i don't think this dip will be same as last one in May. Bitcoiners start to have habit with bad news trying to create panic. i am not a shorter in a BullMarket so...
Hi, this is my new update for BTC. From 10th November we have dropped 23%, but I think we have reached the bottom, since we have now completed the fifth wave of the Elliott waves and I expect we are going to do 5 waves upward now. We have also tested a beautiful trend channel, big support level around $53000 and 100D moving average today, so it is likely we are...
Hello world sell bitcoin now showing us amazing sell singal
I expect bullish price action on bitcoin both on fundamental and technical basis, on a technical basis price took out the sell side liquidity from 55.700, we have bullish momentum+bullish closure on d1 that signs a reversal, the first take profit is where d1 imbalance is 63500. LETS GO
Hello. I'm doing another Bitcoin analysis, complementing the first one (or correcting if that's the case). Now I'm trying to be more simplistic and objective, considering the most recent scenario, and discarding some indicators that say the same thing. 1. Graphical analysis High Channel The price is testing the support line. Now might be a good time to...
Buy some bitcoin my friends take profit at 80238.42 and one other thing dont buy all your capital in one go buy a small percentage and if it get more deep you buy more it's medium term investment so that all my friends see you in other signal
bitcoin has got bullish divergence on 6H time frame which is already confirmed..
Hello Traders, Let's jump right into it. Weekly timeframe (left chart): - Bearish arguments - RSI and MACD both showing classic bearish divergence to the price, as seen from the green and red lines. RSI below bullish control zone. MACD looks to be swinging negative in the next few weeks. Falling volume with increase in price in last few months - may indicate...
Nothing much has changed since my previous update. We are still in the pullback/range phase of BTC the longer we are the higher it goes. From the previous update, bitcoin did manage to bounce to 60k but fail to break the 38% Fibonacci level. Currently, 6H hour Shows us bitcoin forming a sort of double bottom scenario with RSI break+rest also TD9 on a daily. The...
Bitcoin is in correction as you can see, I expect to see the end of this correction soon. 57500$ and 54000$ are two important points which you should care about them. There is a possibility to move down more up to 54000$ yet, But going above 57500$ resistance and breakout of downtrend line is possible too. There are two scenarios in short term for BTC , The...
A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price falls below a support level, that level will become resistance, which is the case for Bitcoin right now. 59100 is the new resistance and we also have a strong support now at 54300. I think the price will bounce in this area for the next...
BITCOIN ha tenido una caída bastante fuerte en los últimos días, estamos en una situación que parece ser la de una preparación y acumulación de fuerza compradora antes de un PUMP. Estamos empezando una nueva trend en la grafica de 1 HR marcado por el indicador de trends en verde, aunque no hemos tenido una acumulación tan fuerte de volumen como me gustaría parece...
Bitcoin has formed a clear bullish divergence on the daily chart, which suggests a correction to the upside. The 4h forecast seems to be forming a descending triangle with bias to break to the downside, however recently many bearish formations broke to the upside so I would rather stick with the divergence. Break of pivotal level of $57820 will invalid this forecast.
Bitcoin is going to complete its "parabolic" ascent into unknown price territory soon, likely trapping you all in the process and taking your money if you panic sell - how else do you think liquidity is created? Anyway, looking at this chart we can see that the actual bullrun took place months ago. It was short lived because there are so many well positioned...
I don't like to see BTC below 58k however If we want to put our emotions aside and be rational we need to look at good indicators. For BTC, 128MA and Ichikumo cloud work very well. I speculate that The lower band of Ichikumo will meet 128MA and we'll bounce from there. The same scenario happened before if you look closely. Happy trading.
Hidden divergence is happening Resistance is almost broken HL happened and now i expect HH Cup pattern can also form Price recovered from 4h trend around midline of the channel