In my opinion we are on accumulation zone of bitcoin, total amount of bitcoin inflow on exchanges is negative in the last 30 days. BTC is trying to breakout and reclaim 20k. The next resistance areas are on the chart above But i think it's not a big move yet, could be a small bullish move only before correction on the next 25-28th Oct. The invalidation for...
Bitcoin breaking out from long term triangle pattern with positive divergence in RSI ,,, could be long for long term ;)
BINANCE:BTCUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Bitcoin made retested downtrend line on D1. According to my "Take profit" indicator we bounced at real value price in June. Usually when we touch this line we going to test take profit...
Schwager (1996) suggests that profitability from failed patterns is often greater than from correct patterns.
Today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The Bitcoin price is still in a a descending wedge pattern since the all time high. Many analysts are saying it broke the wedge upwards but from review of the chart the price is still inside with a strong chance of still breaking down forming a bear flag pattern with...
BTC broke through a key resistance line (red). Rally likely if it holds as support. White lines are Support/Resistance lines. If you find this helpful, please share/like/follow. Chart :: 4 Hour (Linear Scale)
BTCUSDT (4h Chart) Technical analysis BTCUSDT (4h Chart) Currently trading at $19780 Buy level: Above $19750 Stop loss: Below $18000 TP1:$20480 TP2: $21800 TP3: $23400 TP4: $25200 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
macro factors: federal reserve quantitative tightening money being sucked out of most markets technical factors: being supported on a grind line with each bounce being sold off more and more aggressively. this confluences with the price action we see on many different alt coins ada especially which broke its descending triangle to the downside. technical target:...
Hi Everyone, Again I will post the technical analysis and information that I have researched to publish this, this is not financial advice. Entry: $19.050 Take Profit 1: $21.500 Take Profit 2: $25.000 If you followed my analysis and made a profit, I don't ask for anything but a like to keep me going. Thanks Everyone, The Friendly Analyst.
By adjusting the LOW MA from 111 to 110 we see the Pi Cycle Top label appear for the previous cycle. History would suggest that the bottom is IN for bitcoin. Will Rishi Sunak be buying with Britain's Balance Sheet?
Bitcoin will eventually hit $30 billion by the year 2064, according to my estimation. There is an enormous passion behind the blockchain technology. Many laugh, some underestimate and some enter. The ones who enter (for long, not short) will win. If one Bitcoin reaches $30 billion, its market cap will be $400 quadrillion which comes against the total amount of...
This is the new range for BTC of which I think BTC will not break support. Bitcoin will reach ATH again and hopefully break resistance and fly to the 100k areas. This is just not a good place to either sell or be short. Not financial advice.
#BTCUSD (BTC) Time Frame : 6H (Update) ENGLISH : Exactly according to the analysis of the previous week, Bitcoin has been felt to $18,670! (the important Demand Zone that was mentioned before) after that, it was accompanied by demand pressure and managed to grow up to $19,690! As you can see, this was an important supply range that I mentioned last week...
Bitcoin support levels Bitcoin 1st Support Level $19,200 2nd Support $18,600 strong Support mean here buyers available Bitcoin 1st resistance - $19,500 and 2nd Resistance $20,000 strong resistance (it means seller available at this points) Market depends upon Bitcoin move so trade carefully and keep risk management we updated you about Bitcoin....
When we first took a look at Bitcoin's price action from a long-term view a few weeks ago, we assumed it was due for another major leg down to the $16-17k level or even lower to the $11-12k zone. This is a sentiment that has been echoed by numerous VC firms, hedge funds, and even investment banks (Goldman Sachs). However, after taking a second look at the large...
In this analysis, we're going to do two things: Take a look at Bitcoin's short-term trajectory (forecast the price action for the next few days / weeks) Take a look at Bitcoin's long-term trajectory moving forward The second part is going to be more important than the first one because we're going to revisit our assumptions that Bitcoin is due for...
Judging by the Pi Cycle highs and low (where the 100 day, 2 x 250 day and 3 x 350 day moving averages cross), the bottom IS IN for bitcoin. It's probably time to start dollar cost averaging in to bitcoin for the greatest gainss as we approach the next halving.
Based on technical factors there is a Long position in : 📊 BTCUSDT Bitcoin 🔵 Long Now or by Breakout 🧯 Stop loss 19000.00 🏹 Target 1 19690.00 🏹 Target 2 19950.00 🏹 Target 3 20375.00 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝