#BTCUSD has touched 56k resistance growing from the bottom. Here we have 2 possibilities: - If we can cross the 56k resistance, will look for the next resistance close to 60k, - We can go down looking for the next support.
Bitcoin steadies with the recovery toward $60,000 after breaking out of a falling wedge pattern. BTC's slightest resistance path is north based on the prevailing technical picture. Bitcoin has been consistent with the recovery from the recent dip to $47,000. The slide from $65,000 was an alarm for many investors but reclaiming the position above $60,000...
I personally would like to see bitcoin blast up to new highs but I have to remain objective here.. I currently see this descending formation and with bitcoins latest drop in price, I would need to see new highs be made in order to change my bias of a further downside push. I can see a potential push up short term but it could be the completing shoulder to a head n...
DMG BLOCKCHAIN SOLUTIONS INC- DMGGF Current Price - $1.41 Price Target - $2.50 DMG is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem.DMG Blockchain Solutions Purchased 3,600 Additional ASIC Miners last Monday. The investments into mining should...
Both outcomes from this analysis are bullish, we just need to see how btcusd price action reacts with the next levels. We have to consider the fundamentals as well BTC's movement will dictate the next market move for the altcoins
Hello trading friends, I hope you had a great day. And here we can confirm that our main target of 55K did get hitting. and it did show on more exchanges that 55K+ was hit. We did expect before that bitcoin will hit 55K, in a time where the most were in a short trend . And we can say that today Bitcoin did hit exactly our target! We did add also before a...
BTCUSD - Intraday - We look to Buy at 53619 (stop at 52718) We look to buy dips. 50 4hour EMA is at 53454. A lower correction is expected. The primary trend remains bullish. Bespoke support is located at 53300. Our profit targets will be 56296 and 57384 Resistance: 55500 / 56500 / 57500 Support: 54500 / 53300 / 52500
Three scenarios I'm looking at for Bitcoin, don't think we're out of the woods yet, pullback would be expected here. Would be nice to bounce at a higher low in the 51k, that would show the bulls are back in control.
Dear friends, After we did take a small short as day trading, we still 100% on the main trend to our expecting target 55K Also, our short trend did hit before. The way is open for the Bitcoin 55K trend. Our small short update hit See also our huge expectations for HNT to 20 USD + Know that all is possible to happen also this is crypto, but the trend looks...
I'm defo expecting a pull back so maintaining patient for now Some of that up-leg needs filling and backtesting Either will be at the median 0.5 red line or maybe the OTE the 0.62 to 0.79 fib retracement of the up leg if successful we should then push to test 56-58K cluster resistance if successful at that cluster market has good change of pushing back to low 60's...
Just like we have red days during bullish cycles, we’ll have green days during the bearish cycles. Please be careful when swing trading. In general $BTC still have a lot or room to cover towards the $42-43k range, IMO.
1. a D in point A 2. a HD in point B IF HD is formed at point C (which is forming) and break out the red line in bellow point B It is expected to drop to 1.5Fibo point
The support marked yesterday resisted, and Bitcoin had a first more serious rejection in its downward path. It seems that the bulls came to buy. Although the correction seems to have been reversed, it is still premature to draw a conclusion. But if the trend continues, we can look again at higher values, and if we make a comparison between 64k where it goes...
My Buy Zone and Target for Bitcoin BTC/USDT $BTC (Not financial advice)
Check out my weekly analysis for Bitcoin Note: I currently do not own any Bitcoin at the moment.
Hello Finall we have the breaked out confirmed Short position Take Profot and Stop Loss Details in the chart -Goodluck