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...
Hey traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 38k zone, once we will receive any bearish confirmation the trade will be executed. trade safe , Joe.
Hello friends, today you can review the technical analysis on the 1M (monthly) log scale chart for Bitcoin (BTCUSD), a cryptocurrency. When reviewing this chart, keep in mind it is on a macro perspective and not looking at the day to day chart. The Bitcoin price has been in a Parallel Channel since early 2013 with the price being supported on the bottom and top...
Looking at this 4HR chart it seems Bitcoin could be up to something! My whiskers are telling me that Bitcoin is at a critical level. If we move down from here I will be looking for a bounce at around $39,300. If that happens I would call this a Bullish 5-0 and would be looking for more upside. This would look like continuation and I would start to think the...
This is our video update on Bitcoin. In the video, you can clearly see how well our last analysis played out and that price is moving just as expected. After the next consecutive push down and market reaching the support of around 36500$, we now expect that another pullback will follow. This will be great as it will give us another entry opportunity. However,...
Maybe it's double bottom. so we should wait for it. RSI is on the oversold area and there is divergence too.
BTC 1D Time frame BTC 1D And 1W closing 38300$+ btc Follow Bullish Head And Shoulder pattern Create Mostly Bounce Back Zone 38000$ to 37800$ If Controll Russia And Ukraine War Otherwise Strong Support Mention In Chart By ScorpionCrypto Contact Us 03172452183 Country code ( +92 )
After BTC broke the 41k support: i wouldn`t be surprised to see it at the 36K support. Looking forward to read your opinion about it.
Bitcoin has a drop dew to an M formation, But in a bull run or at a bullish reversal M formations easily become W formation which is bullish formation, so if we break 41.5K an M formation is becoming true, if we bounce at this point from this level we might have a Nice W formation @mariosdrou Always keep it safe!