As BTC, on weekly timeframe, has just broken resistance from last year and has tested it as support and has also formed a massive double bottom bull flag in doing so, another rally to the indicated levels (approximately 38000) is on the cards. P.S. It could be the ceiling for the pre-halving pump that is expected to happen.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Bitcoin recently perfectly retested and already rejected a quite nice previous weekly support zone which was now turned resistance at the $30.000 level. You can also see that there is a next weekly support zone coming in at the $25.000...
Hi guys, nothing new to show you but I found these similarities, as I showed you in the past, but I think are inverted to be exact. In this way we can see players have the same behaviours because probably are the same, so we can expect egual results in the future unless new investors join the Btc club (high probability of course if we want to grow) Let's see.
Hello, everyone! Some of you, probably think that I hate Bitcoin with my super bearish view, but it's not the truth. I want new bull market may be more that everybody🤑. Globally until the BINANCE:BTCUSDT has not broken through the $32800, I am bearish, but even in this case I found the scenario where we can see another one leg up. Earlier I considered 1D...
Longing this Bitcoin! Great retracement on the fib tool.
Basic Premise: My basic premise is that Bitcoin is in an uptrend. I consider the recent pullback as a healthy correction, nothing more. Support and Reversal Zone: ATM, the main challenge is to identify the best probable entry for continuation to the upside. Broadly, the possible reversal zone is between 25,750 USDT to 23,340 USDT for these reasons: 1. 25,750:...
Guide BTC 26605 Above long. Below short. BTC 25811 Avalanche BTC 27524 Rocket We analyze 150-200 coins every day! Coins with a volume of more than 10 million on Binance futures. With the help of Hermes artificial intelligence we determine the levels for trading! BuySellStyle levels are abnormal points on the charts from which momentum is possible! Today we have...
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Previously we caught a nice trade of BTC as below: Now on a 4-hr time frame, BTC is about to complete a bullish BAT move for the bullish reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
From a technical point of view, it is seen that Bitcoin making its 4th boom-bust cycle move. The black line I drew on the logarithmic chart has been acting as support and resistance regularly since 2012. The past 3 boom-bust cycle patterns have been applied to the cycle that we’re in right now. The Yellow line is between 2012-2014; The blue line is between...
Bitcoin is experiencing a pullback after a strong move that happened yesterday. It is bouncing off the support level and the Fibonacci 0.5 level. Bullish movement to resistance level at 28165 is possible.
Technical Analysis : >We have an important level (represented by the red line) that has been broken on the 15-minute timeframe. This indicates a shift in demand towards the next zones, as illustrated by the yellow line as the initial target and the blue lines as anticipated targets. Additionally, we should keep an eye on another key level(blue line) that will be...
tight range. be careful, dont get too greedy! :P Short Entry Options: 27,922.3 28,076.2 28,230.1 28,383.9 Long Entry Options: 27,648.5 27,535.6 27,422.7 27,309.8
The political context is favorable for a small bull run to $30K for BTC Bitcoin. After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to address the debt limit and cap spending. To avoid contentious debates until after the next presidential election, the agreement suspends the debt limit...
Hello Everyone, As you can see on the 2h chart, BTC is all set to give a breakout! The rally may lead BTC towards 32000 in the short term, and 40000 in the medium term!! I won't get surprised if BTC kisses 50000 again before 2023 ends!! Downside weakness is seen below 26000!!! But the current week's NFP data won't give any space, I guess!!
Hey Everyone, price has been dropping since last two weeks due to strong USD presence in the market, as Treasury yields declining. Investors are still seeing dollar as a safe heaven currency and that is why DXY have been extremely bullish in these last two weeks. We will have to closely monitor the market, and react carefully going forward on BITCOIN(BTCUSD).
Bullish flag breakout is already done in 1Daily time frame, Expecting massive bullish wave. Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: @FarmanBangashh
Hello, everyone. Previously I've posted an idea with a bearish bitcoin outlook. However SPX, has had a bullish reversal, and so it seems that BTC is having one also. Failure to reach the first bearish target of around 25k indicates, that this bullish reversal wants to take BTC to somewhere around 35k. If we reach the new target of 35k, I'll be looking to short...
Bitcoin moved as expected during the weekend, following our forecast to the letter. Looking for additional upside to be confirmed before we can say we have resumed the uptrend. Feel free to ask any questions and trade safe!