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...
Looking for a Retest of the Lows. Bears appear to have showed up a bit higher than we were anticipating. BTC Appears to be doing it's thing, which we can always appreciate. Since the USD is being dumped BTC may be the future. For now we will trade based off Zones by constructing attractive RR Ideas that may cushion us across a series of data points and into the...
if above 27814 T: 28651 T: 29288 T: 29951 if bellow 27260 T: 26602 T: 25909 T: 25200
We either break the resistance this time around or were heading back to low 20K. Let the battle begin (Bear Vs. Bulls) Ill sit out and watch this play out, if the bulls end up breaking that resistance Ill jump in safely, if the bears put there claws up in the air, we are heading lower, for an opportunity to buy cheaper. Either way, long term is always going to...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The bulls are weakening on the support zone as the price keeps chopping right on top of support. Should the price break the green...
Bitcoin has 2 main scenarios in play... Looking at the bigger picture there is still no reason to be bearish, price could easily go higher.. Bitcoin may pump to $28.8k, if it rejects I see $25.3k possible before a move up. . Or we could pump into new highs from this range..
4h time frame - Bitcoin is correction currently, if go with ABC correction wave, we will meet the low around 25000 on 5/B And pump over 31k (even 35k) on 6/B Stay prepared for the next huge volatility.
BTC is correcting towards its relative equal lows. In trading, relative equal lows refer to the occurrence of two or more lows in the price of a security that are approximately at the same level. These lows are considered "relative" because they are compared to other lows that have occurred in the recent past. If a security has formed two or more lows at roughly...
BTC has broken the rising wedge and also made a bearish divergence in RSI - Your views, please?
Today’s focus Bitcoin Pattern Trend Continuation Possible targets 31,000 – 31,700 – 32,000 Resistance 30,500 Indicator support – EMA solid up slope CCI close a to 0 bounce After a solid pullback to start the week, buyers charged back into Bitcoin on Tuesday, pulling back all of that session's losses. It was a solid move that kicked into gear once sellers broke...
Earlier this year on March 16th i dropped my position on BTC and 1Month later, price hit my target zone, i know many are not aware but i will let it be known, BTC is still bullish until FedNow roll our in JULY. Bag with proper risk mgt and always take your profit, done trading for the month after bagging 6% from FWB:25K - HKEX:31 , i will be staying off chart...