BTCUSDT at the 4HR seems be building up a possible breakdown of this range's support (31K to 28K) Right now we are in a channel were BTCUSDT has lower highs and lower lows at support, this is very bearish as we might be getting ready to breakdown support and push down. While we are at an uptrend, you can see it's rather weak as it's quite flat compared to the...
BTCUSDT in the Daily, looks bearish as it is now, because: Below the Ichimoku Cloud Below the 180 EMA At the start of a possible weak downtrend (Hull suite indicator) Possible build up against support, before a breakdown If price continues building up against support, a possible breakdown could push BTCUSDT price below the support of this range (31K...
Trading Signal: A Trading Signal is seen in the Bitcoin BTCUSDT Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 33000.1 ⭕️SL @ 31411.0 🔵TP1 @ 35685.0 🔵TP2 @ 38060.0 🔵TP3 @ 38060.0 If you liked our ideas, please support us with your likes 👍 and comments .
As continuously discussed over the last few weeks, both here and on the YT channel, we've long welcomed a fakeout down below the very key $30 000 support zone, but given that it would recover aggressively and at massive trading volumes. We have now gotten EVERYTHING we've asked for and more in Bitcoin, and for those reasons there is a strong chance the bottom...
Market in the last 24hrs BTCUSD saw consolidated movement with a slight indication of a bearish trend. The price hovered on the middle Bollinger band. Trading volume has been very low in the last 24 hours. Today’s Trend analysis The current price is nearing the upper Bollinger band which is usually a strong resistance line. So if the price accepts the upper band...
One of the reasons for weekend cryptocurrency volatility is there are fewer trades. When the volume is low, the same trade size can move prices a lot more. With banks closed over the weekend, there is less trading because investors may not be able to add money to their accounts. You get moments of market panic where there’s a lot of selling pressure. Typically,...
Well guys, after getting smashed with trades in the last 72 hours it's time to take a look at the Bitcoin chart again. I hope you can laugh with this analysis and wait for the Market Conditions to normalize so the technical analysis can be great again.... This is EXXXAAAAAAACTLY what's happening guys. Feeling humorous as you can notice, the FXPROFESSOR
Further to my ongoing analysis and trading signals on the BTCUSD #BitCoin saga, It would appear that we are currently in situation which can be interpreted in two ways We are either at the low of the trading range. We see a bullish reversal candle with a good tail sticking out of the trading range lows. Suggesting the bulls are probably taking over. I can guess...
Good afternoon traders. Likely we sold before the drop. The bot tried to re enter, took some profit and then got stopped out. Market is going sideways for the moment. Looks like we are in an accumulation period. However it looks like MA is turning bullish, volume and momentum also showing some bullish divergences. Remember that the stock to flow model shows...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (32380). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (32380). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
During these days we are hearing about deep corrections and the predictions based on the S2F model. Therefore we decided to check the possible scenarios in the long term. Today we have seen that after a long time we had a Death Cross on the Daily chart, however, since EMAs are lagging lines, and especially 50 and 200, we don’t take it so serious as it should...
Interisting support and resistance zones. Time will tell
Bitcoin, I missed the opportunity to buy it. The next resistance is...
Bitcoin, I will buy it only if trend line break out happens
#Bitcoin Chart Analysis 24 Jun 2021
Hi guys! 👋🏻 🔔 Oversold in RSI, in my opinion, has reached a minimum, the channel was broken, as it usually happens, rather to absorb stops, in general I expect a retest of the upper border of the channel at 34600 🔔 Important resistance levels are also located at 33900 and 32000. We are also watching support at 31000, which Bitcoin will test shortly. ✊🏻 Good...