2 possible movement for BTC If hold 35000price ,50% retracement and equilibrium expecting a target of 75000k ,break out of 42500 should moniter closely for a long . If break 35000 level expecting a sweep below 28000 and a bull run targeting all time high. Key levels 42500 35000 28000 NFA
BTCUSDT is currently just below the weekly resistance. A pullback is still quite probable but, we are also quite bullish with a pretty strong uptrend, as shown by the nearly vertical pump from the last time we pushed above the 180 EMA. The strength of this uptrend can be seen in the amount of space between the candlesticks and the 180 EMA, weaker trends usually...
BTCUSDT is at a weekly resistance level from 39K to 42K. We also have the Ichimoku cloud just above us, adding more strength to that resistance level. On the bullish side, we have increased volume against the resistance, which could mean a possible build-up before a breakout, also we are just above180 EMA, if the EMA holds as support it could lead to a...
Bitcoin has been enjoying a great bull rally from the 29K bottom. It is now running into daily resistance at 42K and meeting some expected resistance. If price is able to convincingly break and close above this zone, then there is a high likelihood that price will be heading to retest the previous ATH of 65K and establish a new high. In the meantime, price might...
In my latest Idea 💡I pointed out that you should pay attention to this new pattern BTC is forming(idea got taken down because of advertising without being a pro member, I'll post the idea's text below): Even if there is a low chance of this Extremely bullish parabolic curve: 1️⃣ Half of the pattern is already formed, it's a classical start for parabolic curve...
BTCUSDT is below 40K again, but while many think that 40K is the toughtest resistance so far, I'm starting to think the low 39K's are the real resistance. The last weekly candle that closed above 40K was in MAY THE 3RD. Not only that but volume is actually lower than the last time we closed the weekly so close to 40K. The hull suite trend indicator (the big green...
In yesterday's post, I mentioned that Bitcoin was forming a diamond pattern. That pattern, however, never played out as we did not have a strong confirmed breakout either to the upside or the downside. That diamond pattern has morphed into more of a symmetrical triangle pattern, and one that is getting close to the apex, meaning that it is getting close to a...
**Welcome to daily Bitcoin analysis** Alright so Amazon accepting crypto news has helped Bitcoin surge to $40K, on Binance futures it even spiked to $48K. I personally have a small position open from $32,300 and I was waiting for some pullback that didn't happen, and it's usually the case with bitcoin. You always don't get what you want. I am still in no rush...
(15m tf) Bearish triangle pattern As analysed, it was not possible to breach the upper resistance lvl Although it didn't sustain within 38k-40k We can look forward for 34000 or so on
If Bitcoin is going to breakout then it should sustain within 38000 to 40000 range Consolidate for some time (buyers news base) With obvious news backing might push out from long ranging sideways trend could be possible for reversal. I booked my target from previous swing trade and will wait and watch now Do not fall into trap of parabolic momentum Could be...
I said before that bitcoin was going to reverse.. it initiated the move on 21st july... Now targets stand at 40k, 50k and past 60k by end year
BTCUSDT has been on a WILD RIDE lately We have formed a triangle after the recent uptrend, I think we are having a false breakout right now and we are gonna close below this triangle. I'm mostly counting on massive selling pressure from the people that have been underwater for a while (those that bought at above 30K on the previous run. Then some more...
According to my previous idea, It seems that it was actually dip downward trend is broken now , that big head and shoulders didn't work (bullish sign) , price returned from bottom of channel and now we can see some green candles. This is my last idea about bitcoin for now because I think new bullish wave is just started
It appears that Bitcoin has potentially turned a corner and is on its way to creating an up-trend. This has been confirmed by both the falling wedge breakout AND RSI resistance breakout. Right now the price action has reclaimed the green ascending trend-line and is currently back inside the "soft" resistance zone. If the price can break-through this zone look for...
BTC price action pumping over the entire weekend breaking above 34K and now into 38.5K. My past idea was to short around 32.8K, with SL of 33-34K. Since May 19 we have been waiting for a possible Dead Cat Bounce with BTC and this may be it. Looking at the sharp spike in BTC price this past Sunday indicates it is from whales squeezing most of the short positions...
**Welcome to daily Bitcoin analysis** Wow, what a move on Bitcoin this morning, that daily RSI breakout meant something didn't it. I was waiting for a retest of $33K to add more to my position, but that's how Bitcoin works, it surprises everyone. Look at the linked idea published last month, I was expecting a short squeeze for a while now but it took a lot of...