We have seen some very interesting price action from B TC recently with a returning surge to the 30k handle. Price has also broken long term down trend but is showing signs of being range bound until the next heavy impact news or data. - Price breaks long term down trend to lows of 15k - Return to 30k handle and test of resistance - range bound price action on...
BTC currently has a relatively clear trend line. If it does not fall below during the backtesting process, you can refer to this trend line for long trading. The resistance is 29800-30200, and the target can be set near the resistance. If it falls below, short positions will have a better chance to make a profit. The support is 28600-28200. Of course, you can...
In the opinion released last Saturday, I clearly told everyone that if you break the trend line, you can go short, support 28600-28200, and go long near the support, with a target of 29000. Both transactions are perfectly completed. Today, Bitcoin fell below the 28600-28200 support, which has turned into resistance, and the support moved down to around...
The troubles keep piling for cryptocurrencies. While Binance overcame withdrawal issues, Coinbase remains under pressure from regulators. In addition, the risk-off mood that engulfed markets on Thursday – after weak data – added to pressure on Bitcoin, a risky asset. BTC/USD dropped under $26,521, a support line from late March, and the next levels to watch are...
I am going to assume that the US dollar is increasing in value until we get to the debt ceiling decision. I am expecting a move up to and perhaps beyond the $103-$104 area. If this happens I have to assume that the BTCUSD will come tumbling down into my next buy zone. If we don't take out the next weekly level, this will be a great buying opportunity. But some...
BTC3h chart, double-top pattern, this pattern usually means a decline in the market, and the larger the level of the chart, the greater the decline. The important resistance is around 28,000 and the support is around 27,200, but the current pattern is a double-top, so I think it will fall below The probability of support is extremely high, so my trading point of...
hello dear trader see this institutionalization price action : It's a forex book legend support resistance line high ll lower low hh higher high lq liquidity supply zone demand zone qm quasimodo institutional price ... stop loss need for any position good luck
The Bitcoin megatrend continues to look up to 40,000, and transactions in the small band have not stopped
Hello 🐋 we can see more correction to the downside, at least close to great daily support level ($26000 to $27000) ❌🧨❌🧨❌ in other word if the price doesn't break the resistance zone to the upside and just complete the retest, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 for any other...
Hello 🐋 the price now again stick in the parallel channel and more range candlesticks between tow area before any other breakout of the previous high we expect to see sharp red candlesticks to the downside besides the range market is acceptable scenario too 📖💡 if we lose our support level we will see correction at least $25000 area ❌🧨 and if we lose our daily...
Bitcoin is expected to push up high above the $35,000 direction this week or by the end of next week. Although that is not the main target as this is a very volatile market.. watch closely. $65,000 incoming...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from the Lower Trend Line Completed " abc " Correction Break of Structure RSI - Divergence Bearish Channel as an Correction in LTF Fibonacci Level - 61.80% / 78.60%
Hi Traders, Investors and Speculators of the Charts 📈📉 In today's analysis, I take a look at a fractal that played out on Bitcoin during March 2019 over a few months. This was the beginning of the bull cycle that led to BTC's all time high. Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend...
If price does hold this high time frame .786 fib level as support I would expect to see some kind of a trigger wave on the 15 min chart and money flow + momentum divergence on the 1-6 min time frame price comes down into this local golden pocket. Of course that is if price does not just jump or fall way out of this local range.
Here we go again I prefer now secure some profits or switch stop loss on the point entry Im still wait to hit target 26969 For more free transaction Click Like And Follow Contact me for work together Have a good trade with good profits see u
In my view, the current Bitcoin price correction presents an opportunity to remain bullish on the cryptocurrency. If the price corrects and finds support around FWB:25K , this may suggest a correction (A-B-C) has occurred. This could signal that the upward trend is likely to continue, with new highs possible once we break through the FWB:31K level. However,...
Some areas of confluence from which to potentially take some local scalps if as price hits these levels and market cipher shows divergence on both momentum and money flow from the 15 min chart to the 1 min chart. If price does not just plummet or jump upwards rapidly.
According to Bitcoin chart data on daily time frame Bitcoin is in the support zone (red zone). My personal analysis: According to the following analysis, which is related to the total market and dominance of Bitcoin As indicated in the chart (blue circles), the price has broken its two hundred day average and entered the upward phase, and then the...