Bitcoin Swept the lows yesterday and reached out target 26.8! I am not yet convinced that we are going lower WITHOUT sweeping the high ~28.8 ( our supply zone) so today with PPI data we could see the move coming. SPX yet has to fill the upper gap, it could touch it today and that will get btc to our target as well then SPX could start bleeding till it gets to the...
Bitcoin trying to breakout of 30K and goes into 31-32K.we could see a decoupling happeing between SPX and BTC. If BTC loses 29K again then loses 26.8K we could say we are not going to 31K if not there is a slight possibility for us to reach there before a major move to the downside. SPX at a key support level as same as NQ1 Please Support Me By...
BINANCE:BTCUSDT long position soon we break out above
Hello everyone ! Today the Black Cat Trader is analyzing BITCOIN based on a weekly chart 📈 What we can see : - Prices took support on the 0.5 fib level during the last sell-off back in May 2021. - Then, bounce to the 0.236 and rejected by this Fib extension which coincides with the median line of the pitchfork too.. - Finally, prices took support on the...
BTC is at a crucial point right now. We turned Support Into restiance. But we got a golden cross the other day I have a good feeling. LAST golden cross had a failed break out.. I believe this has to do with El Salvador and whales trying to keep the prices down as they were loading up. ( just a theory! ) Maybe by october or later this month We will be back on...
Shoulder head shoulder formation can occur in bitcoin. If this formation occurs, short trades between 46000- 46600 can be opened. I will buy gradually at the support points. It is not a financial advise. Good luck!
I would like to see a SFP of the Given targets either the first box or the second if it happens . We may drop from here but that is not the short i want to take . If the SFP happens i will be taking Profits within the 55K area where i expect support to hold . This is just a potential idea that may play out going into the weekend so its worth setting some...
Be so careful about your positions. We are going to see another fairly sharp fall in Bitcoin. The price it is likely to fall down to is shown between the two horizontal lines. "We suggest you to use leverages 2 or 3 to have more ease of mind while trading. You can use higher leverages if you hold more margin in your Futures' wallet. Good luck!"
FTX:BTCPERP Bitcoin is seeing a pullback with a failure to hold the $46K to $47K range where we should've seen the strongest support, however historically seeing 30% draw downs during it's bull run is common. Purely looking at price action we can see the next rungs of support targeting $40K with Volume Profile Visible Range suggesting this is where the next...