Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Bitcoin (BTCUSD). Bitcoin price broke above an Inverse Head and Shoulders Pattern which was forming over the past few days. The measured move is shown on the chart. There is a Local Support and Resistance Trend Line which has been holding the price down for a while...
Hey guys! Its been long time since last update for tradingview:) If you like this chart, please use Like button 💙💛 In this hard time, all Ukrainians fighting for our freedom and peace🙏 Bitcoin price reached $45,000 price in early February. I have expected this move upside from $33,000 since December 2021 — here is the proof: Now we are working in sideways...
BTC got rejected at 39,2k level, it will most likely retest the level but i dont think it will break trough as volume is low. If BTC gets rejected again you can go short with tight stoploss.
Hey all Gamblers Paradise here with another crucial update on the Bitcoin Price Action. Just wanted to remind you to please like and comment on this post if you have found use for it in your trading analysis and be sure to also Like & Follow my Trading View account to get these updates as soon as they come out! The SMART TRADERS are SMASHING the LIKE, REP and...
ETH is currently trading at some resistance level 2642. ETH is still looking bearish just like BTC and I expect it to go down to 2400 level in the coming week. For trading on this movement pay close attention to BTC price as ETH will follow the price of bitcoin. Always use proper risk management and trade at support and resistance levels, don't trade inbetween...
📉 Expecting bullish price action on BTC as price is filling a huge h4 bullish imbalance, right now price is rejecting a D1 bullish orderblock area + 3 POC's on the Volume Profile meaning the price has a high probability that it will HOLD there. Targets into bearish imbalance somewhere around 43.000 and institutional figure above 45.000 What do you think ?
Looking at this daily chart it seems that Bitcoin could be forming a Bearish Butterfly harmonic. My whiskers are telling me that if this Bearish Butterfly develops then we could see new all time highs by May/June. The minimum D point would be about $78,504 and the top range of the PCZ would be at the 1.618 XA, around $90,963.06. For me, once we get above...
Hi, We are at the crossroads. The $41000 levels have not held. It becomes impossible to quickly regain the growing pace of the Red Max Flow-lines. The bullish scenario is not dead. => As expected at the beginning of the week (see links below), We can still pursue a moderate rise by following the blue channels of the Moderate Flow-lines. => For this to happen,...
Hello, We respected the forecast made at the beginning of the week. The next important levels are those between $41170 and $41600. This area needs to hold in order to resume a sustained rise with prices hovering around the red Max flow-lines during this early March. (the slopes of these Flow-lines are calculated according to the mathematical principles of...
Bitcoin got overbought after the last big pump to the upside, but as always it has to cool off and wait for the strenght of the support. I belive that we might find some support to the 41.5k $ zone which it was act as a previews supports and resistance price. In order to have a good bull run we need to brake the 46k $ range where we face the strongest resistance...
We are following the fastest flow-line (called Max flow-lines on the chart). If we cross the B1-$45855 point before the evening of March 4, we will maintain the maximum upward momentum that could bring prices to around $58,000 before March 15. There are still steps to take to validate this scenario! For the moment let's see how prices will oscillate or...
It's like double bottom. there is a line(red line), it's a channel line and the price had 4 times reaction on that.
After examining the bitcorn chart for quite a while today... I came up with two great setups... If you follow me, then you already know which one is more likely to happen imo ;) Anyway guys, just be careful and dont forget to set some stops
BTC caught the longs & dumped, caught the shorts & pumped! - Bounced off $37,157 support ✅ Acceptance above $39,750 resistance will take us to $40.7k - $41.5k resistance.
I believe this movement is on retracement phase that will lead to 37330.00 then bouncing up to 42000.00
Bitcoin Is Rising Now But It's Trading In An Overall Downtrend We will soon see it retest the descending resistance line at 41350 From where I expect it will move down towards the 32800 areas
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Bitcoin (BTCUSD). The chart is self-explanatory. Price has the potential to get back in the $40K region before meeting with significant resistance with the Support and Resistance Trend Line zone, and Ichimoku Cloud. There may be an Inverse Head and Shoulders Pattern...
But sadly, everything eventually comes to an end. Incuding this trade :) --The previous post got taken down, so this is a re-upload :)-- This was indeed the best trade I have ever taken. Thank you guys for following along with me <3. We are brutally oversold on the 4h timeframe. Bears think they have won. Not quite yet though. I expect BTC to find a local...