In the above chart you can see Bitcoin is still hovering around the 16.8k resistance level on the 4h and still hasn't definitively closed above it. Although looking at a few indicators, I'm seeing some bullish signs: 1. The more a level is tested, the weaker it becomes (i.e resistance is becoming weaker) 2. The RSI crossed over the signal line and is climbing to...
With no reason to move up, BTC is getting ready to go down to retest $ 16.025 levels. What is happening in the world right now putting more and more weight on Cryptocurrencies and BTC prices: job cuts Covid is spreading like rapid fire throughout China. Ukraine War which not coming to near end. Inflation and massive energy bills with nothing...
Pulling up the Daily chart on Bitcoin. We're currently crabbing in the 15-17K range that began in November following the FTX crash. We've since then pushed up towards 17K, with us blasting through 18K last week only to be rejected hard back down below 17K It was a pretty glorious bull trap and one that most smart money players could've seen from a mile...
After a 1-year of down-trend bitcoin had a break-up on parabolic trend. Now it is all about if it's gonna hold on confirmation or not. Confirmation band is between 16500-16700. Any scenario of btc holding the price over 17300 is a good sign of trend-reversal.
On the BTC 4h, we can see the Wave Fusion indicator called the short perfectly at $18k. Since then, Bitcoin has broken through three major support levels. Now it's currently at resistance of $16.8k trying to break back above. Let's look at a few things: 1. The 4h RSI was oversold yesterday (last time it was oversold was Nov 21st when we started the upwards...
Our priority scenario in Bitcoin is the rise in wave (iii) the first target is $19293. Price fixing below $16,563 jeopardizes this scenario.
In the most recent events, Bitcoin has touched the lower levels of the resistance zones before it continued to go down. This gives us two likely scenario, both of which are indicating Bitcoin is going lower. The first one is that, from here, Bitcoin just decides to go lower, without going up again. The second scenario is that Bitcoin will make a slightly higher...
Over the past few days, many things have been happening in the cryptocurrency market. Binance experienced massive withdrawals of funds, exceeding $3 billion, Bitcoin jumped above 18 000$, and the FED raised interest rates by 50 basis points. However, despite many of these things, we continue to see bullish calls all over the place. We hate to do that, but once...
I am expecting Bitcoin to fall into the zone of June 2019 high (14000) to end this ending diagonal 5th wave.
Expecting a another bears are in control ! sell wall activated . In upcoming days or weeks we can expect btc towards 14k and 11k$ , be safe guys :)
BTC Bitcoin is in a Bearish Flag Chart Pattern forming a regional Double Top. My price Target is $16675. Looking forward to read your opinion about it.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
BTC will pull back to 16100 to 16300 level and bounce back up to 18500 level. If the recent price action repeats we will continue with the sideways action and slowly move up as accumulation continues.
HELLO AGAIN TRADERS, HERE IS MY MORNING BREAKDOWN Currently I see three interesting levels for us, as I wrote yesterday evening again during the Asian session there was a bigger move which however caused the market to open itself. When I look at the overnight volumes there were substantial orders around $16560 from where bitcoin fell, its first stop was around...
Greetings dear traders, have a nice day Yesterday and today there was low volatility on Bitcoin which may again change the end of the weekend and the beginning of the new week in the Asian session when we see crucial short-term moves and trend setting lately Interesting on the chart for me at the moment is only one level $16945 where the short term will be...
I am doubling my position on my trade from yesterday. My current entry price is 17,057 USDT. We'v now broken down to another major support area, but this time we see the 4-hour chart start to consolidate in many different ways. Our CM_Williams_Vix_Fix Finds Market Bottoms is showing a heavy floor. Our momentum indicators, TSI and MACD, are starting to flatten...
According to what it is shown in BTCUSDT chart, we see double top pattern which its maximum classical bottom is around 10K and fibonacci level 38.2% around 10K, also and finally a very strong support and demand block around 10K. So we should see continues falling down to 10K for next 4 to 6 months at least!!!
BTC. The price of BTC fell below $17357, and we considered this mark as the level of cancellation of our priority scenario, we adjusted it. At the moment, Bitcoin is declining in wave (ii), the downward movement looks complete or almost complete. A fall in the price of Bitcoin below $16,563 puts this flagging option at risk. Rise in wave (iii) to $19293 is our...