BTCUSD - Intraday - We look to Sell at 58058 (stop at 59321) Trend line resistance is located at 58000. The trend of lower highs is located at 58000. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Trades with a bearish descending triangle formation. Pivot resistance...
Good morning people ,👍 𝙒𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙠𝙣𝙤𝙬 𝙖𝙩 𝙬𝙝𝙖𝙩 𝙥𝙤𝙞𝙣𝙩 𝙩𝙤 𝙗𝙪𝙮 $BTC ?🤑🤑 I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🔴Red / 🟡Yellow / 🟢Green and ⚫Black. 🟩Best entry : 43 000 USD 🟨A good entry : 50 000 USD 🟥Risky entry : 57 250 USD ⬛Danger zone : 37 250 USD Depending on the risk you want to take, you...
Hello friends, as we know markets can change with news or trends , and it looks that elon musk have the news to accept bitcoin for tesla by twitter this can make some day hype on the price. we will follow the trend. Possible day trade increase for bitcoin but mean noting about long term target. Discipline are the key to success - Take profit - Learn from...
Bitcoin has had a relatively large uptrend in the last 32 weeks, just as it did in late 2017. However, the momentum seems to be slowing now, and the MACD and RSI are showing bearish divergence on the 1 week and 1 day log chart. Here I use a log chart to predict the price of Bitcoin turning down in the coming weeks based on these bearish indicators. Bearish...
Hello friends, I hope you have a great trading time. Normally we dont update around this time - but as there are a update that its possible we can see next time a whale trend for selling i did add this update- as there are some Data shows that whales moving some amounts - for possible breakdown trend . Will this happend 100%? there is noting called 100%...
Bitcoin’s formed double-bottom pattern on the 4-hour chart points the price towards a considerable liftoff. The 4-hour MACD illustrated that sellers have more control over the price. Bitcoin is slightly in the red toward the end of the Asian session on Tuesday. The largest digital asset by market capitalization has sought higher support following another...
Here we see our Bitcoin 2 hour chart . Can you see that red X on the chart ? Well, X marks the spot where we may see a Death Cross happening very soon . A Death Cross is when our light blue 50 MA crosses down and through our dark blue 200 MA . This should bring downward price movement. It's a very bearish event - though keep in mind this is the 2 hour chart ....
The price seems to have bottomed. What do we expect from the course in the coming days? Two scenarios: bullish and bearish. Bullish Bitcoin seems to find support at $ 54,200, (black line) The price could reach USD 58,375 in the coming days, the highest point in February. --> See green line This seems to be the case! Bearish What if bitcoin falls below the...
I think this is good opportunity to buy, we got confirmation yesterday that we are getting a double bottom structure. Once we break the resistance $58000, the next target for BTC is between $70000-73000. If RSI holds above 50, then we are going to get a bullish momentum in the next couple of days, so be patient and don’t panic 🙌🏼
Hello friends, We can say we had a nice down trend since 59K to 54K trend. It looks that we can get any moment a new whale increase depending on bitcoin details to back trend 57K We are now totally Green as the trend looks in main still down trend. Expecting a whale increase depending on ETN whale tool. we see very strong green effect on bitcoin, and it seems we...
It is very crucial that Bitcoin holds these levels.($50.4k, $52.5k) on bitcoin last 2 correction bitcoin manages to bounce of 0.5 fib levels can we repeat? time will tell. breaking this levels open window for 45k BTC so be cautious. The positive sine so far no big selling volume. I expect to see at least some upward movement towards $55560 - $57260 zone. break...
Bitcoin looks very bullish to me as the faling wedge will break soon..
BTC 1hr timeframe now has nice RSI bullish divergence, after bouncing of the strong demand zone previously spoken about... waiting for a break above 1hr resistance to long on the retest.
Hello everyone, as previously indicated the support of 53K has been reached and the price has bounced above it, which confirms that it was indeed a nice support, now we just have to see that the resistance of 58K will be broken, a close above the 59K will confirm the continuation of the uptrend
Market Overview Price Action: Bitcoin took a deep dive and right now is consolidating near the lows of $53K. It is critical that this level holds and price bounces up from here, otherwise the door to $50K, $45K, and even $40K is opened up. If price bounces from here, the first major level of resistance is the 200MAs @ $56-56.5K. If price is then able to break...
Remember last correction? Look almost same. Sell volume is low I am expecting move up. Target for new ATH around 65k
BTC has settled below the 34MA and a major Gann lvl, if price cant get back above 48k I see it hitting 41-40k with 38 & 36k possible. Bullish above 50-53k
Just trying to find a pattern. Don't mind me. Wanted to share just in case.