Our updated chart for you all. Price is still in the channel. The middle of the channel did manage to Hold as support and the price has now risen above the mid of the channel and the crucial 46580 support level (yellow) The Bears must be scared or even start to have animal orientation issues, some of the might be looking in the mirror trying to see a bull......
Folks, Fresh update on the 4 hour chart on BTC/USDT.. I can say we have survived another little setback.. and thumbs up if you didn't panic sell and just sit back relax and watch bitcoin do his thing.. These is one barrier on the road to $57K and that is the test around $49K/$50K. For now we are bullish again and we have closed above the black candle that...
If I have learned something in my +5 years trading crypto is that BTCUSDT can pump any time and anywhere. We had a few strong PUMPS after periods of downtrend in this recent bull market. I'm opening a long position right here, we might get a PUMP similar to the last one. In the thicker lines, we can see the Weekly Support and resistance, and in the dotted...
Bitcoin is on the verge of another Head & Shoulders pattern inside of the wedge which we are nearing the end of. If we end up creating a Head & Shoulders this weekend we may see a sell-off sending us too $36k range which would keep us inside of the wedge pattern. Breaking out of the top of this wedge is very possible & if we do we may test $50k early next week.
Bitcoin is in Falling Wedge Pattern!!! Be very patient. If it can stand firm at 45600-46000, that's the best!!! Cant wait to see it go bulls!
Bitcoin price struggled to recover above the $46,000 resistance against the US Dollar . BTC could continue lower below the $44,200 support zone in the near term. Bitcoin is facing a major resistance near the $45,500 and $46,000 levels. The price is now trading below $45,000 and the 100 hourly simple moving average . There is a major bearish trend line forming with...
BITCOIN is reacting to the negative divergence (Yellow arrows) Theres no support holding BTC at $45k so it looks like we might test the bottom support around $40k or lower
BTCUSDT correction started following the formation of and ending diagonal
Bitcoin has just broken its critical trend resistance on the weekly. The 21EMA has been reclaimed. MACD Is about to make a golden cross on the weekly. Previous MACD golden crosses: April 20th 2020 - $6800 September 28th - $10,000
Bitcoin technical analysis The overriding technical starting point for Bitcoin has brightened significantly after the outbreak via a significant resistance cluster. A short break should be planned. Bitcoin (BTCUSD) had made an upper reversal in the form of a head-and-shoulder formation below the record high of around USD 64,000 in April. The subsequent...
Folks, The fresh daily look on the BITCOIN/USDT pair.. Some rules I have learned in the time I am trading know. And really it cost me a lot of money because I have traded out of fear. I can definitely say that I have learned that everyday everything can happen and that everyday is RANDOM. But putting all the days in context there are patterns in human...
Respected Traders, With 100000% percent absolute certainity, i am about to tell you is that BTC will fall from $50k level down to golden pocket of about $35-36k. Also the RSI is in a bearish pattern and the volume down isn't helping either. So start shorting if you don't see any positive news. Your fellow mate DANTE
We continue to look for pullbacks to incorporate more purchases looking for at least prices over 60k. With patience we will have it, apparently the btc refuge against inflation is said a lot. Greetings
i think the price will touch 42600_43000.hold eth+sol+vet+link+ada+dot+matic+cake+uni+bnb+xrp and buy tastenft (last day 1000 percent🤑)(buy taste nft)
btc is gonna give asw apull back as shown in my analysis watch and see
Bitcoin is forming a potential double top. The first top has been formed and the 2nd top is waiting for a break below the neckline of 44.6K in order to get confirmed. If 44.6K is broken, then the technical target of the double top is at 42.5K. Price is testing the neckline of 44.6K right now, so it will be very important for bulls to hold here. Be prepared. Check...
Although Bitcoin made some new local highs in the past few days, these are marginal and without conviction. Considering the 50% rise in not even a month, a correction is not only normal but is healthy. From the technical point of view, 47k zone could be a double top, and the rising trend line is also broken. I expect a drop to 42k zone
Folks, How you doing today?? As I am taking a more in depth look in the 4 hour bitcoin/usdt chart I see a Elliot Wave being completed.. And as we approaching resistance again we see prices tend to reject breaking out resistance (when writing). IF price tend to reject breaking out we will form a double top and that means high probability of a decline in...