Bitcoin support levels - 20500$ and 20000$ strong Support (buyers available here) Bitcoin resistance - $21300$ and 21900$ strong resistance (sellers available at this position ) Trade according to this update do risk management because market depends upon Bitcoin movement. ——————————————————————— Analysis - Bitcoin faced rejection from 100 EMA on daily time frame...
Recent confirmation of leaving the bottom of 40W cycle behind has started fast pace of raise for BTC and other important altcoins. As drawn on the chart we have got first estimation of local target, mid way of the bull run that has started just now. By extending moving averages of recently confirmed cycles, we estimated the point where bitcoin should top off and...
A wxy correction after a leading diagonal supporting evidence for a bullish setup.
This is just a trade idea that may or may not work NFA,DYOR I hope you like it and feel free to share it. I think around 21.4-5k could be the top and then a correction down to around 16-15k zone My bottom target is still 10-14k tho No reason to hate.. but feel free to share ur opinion down below BTC BITCOIN CRYPTO.
Bitcoin support levels - 20500$ and 20000$ strong Support (it means buyers are available here) Bitcoin resistance - $21300$ and 21900$ strong resistance (it means people are waiting for sell at this point) Market depends upon Bitcoin movement so we updated you. According to this update do trade with risk management. ——————————————————————— Analysis - Despite the...
Yesterday we spoke about the upwards swing due the the good numbers that got released. Our target was 21k what we just hit! What's next? We need to break and flip 21k to see more upwards momentum were we could see 21.5k and 21.8k. If we fail to break 21k we could see 20.4k again. Trade safe!
Hello, everyone! Last time I told you that the current pump is the classical bull trap, but I was struggled to define the exact target. Today I did it using the Trading Chaos approach. Let’s take a loos at the 1h timeframe of the BTCUSDT chart of the WhiteBit exchange. Here we can clearly see the 5 waves Elliott cycle. It is the last bullish wave before the huge...
If you are interested in our global view of the possible price movement of BCTUSDT and when is the most favorable time to start the alt-season, then you should re-read our previous idea: Today we will analyze the local situation that is forming on the BCTUSD chart This week, buyers managed to raise the price of BTC by +10% from $19k to $21k and break the...
#BTC update Guess where we're stuck - right at my $20.5k level We broke through it 2 days ago, but we were rejected by the dotted MA the day after 💡We need to close the daily like the current bullish hammer
This is my Follow up Idea from my previous idea chances now either flat correction / pullback or zigzag pattern. Invalidation is still on 18125. Enjoy
A few days ago we spoke about some key price levels to watch closely. One of them (20.4k) was broken down but got a quick recovery due to the new PCE inflation numbers at 5.1% when 5.2% was expected. We could see some upwards momentum to 21k. If we break it expect higher levels but if it fails to break expect to see 20.4k again. Trade safe!
This is based on pure speculation and is totally meaningless enjoy.
Bitcoin support levels - 20000$ and 19600$ Bitcoin resistance - $20,500 and $21,000 Market depends upon Bitcoin movement so trade carefully with Risk management. ——————————————————————— Analysis - BTC Support is at 20000$ and 19600$ Resistance is at $20500 and $21000. Trade carefully and manage your risk according to mentioned support and resistance...
The decline in wave iv stopped at the target level of $20,000. The structure of the movement looks complete. Growth in wave v to $21,650 is the most likely scenario. A price drop below $19,500 will cancel this scenario.
Hey! I haven't posted lately, but taking a look at the chart this morning and being an avid follower of news around the world I'd like to share my thesis on Bitcoin and the overall crypto market. As a macro trader, you want to look at the big picture and forget about the short-term noise. It's clear that we're living in very challenging times for the whole...
Date: Oct 24,2022-Oct 28,2022 The crypto market has seen a rebound this week. The BTC weekly line maintains a slow upward shift in the center of gravity, but it is similar to previous weeks. At present, it has started to fall again after the amplitude reaches 10%, so it is not ruled out that this week will also end with a small entity. The daily line was in a...
A few days ago we spoke about that Bitcoin was falling out of the rising wedge. We had some key price levels to watch. The first one was 19.4k and we did hit that one. The second one is also the one that is the target from falling down the rising wedge at 19,750k I think that 19,750k would be the "bottom" and see a reversal back up. But a wick to 19.5k can be...
Bitcoin support levels - $20,000 and $19500 Bitcoin resistance - $20,500 and $21,000 Do trade according to this update and do risk management. Analysis: We are looking Bitcoin in H1 time frame. Bitcoin rejected from 21000$ resistance and then BTC break the 20500 support and now 20500 level work is resistance level. Volume of BTC is low. 100 EMA now support...