CRYPTOCAP:BTC breakout Done > Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern: 1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look...
The 21 week MA was tagged last Wednesday for CRYPTOCAP:BTC Watching the 21 week SMA & 50 week SMA can serve as a great medium term risk gauge for Bitcoin Crosses of these moving averages have been decent 🟢buy &🔴sell signals to date The 21 week SMA held for the 2015/17 bull run, and it holds today. All the same I would not be surprised to see price...
Dominance Tether bounced back higher after hitting the support zone The red range is the dominance resistance, which goes up in case of Sharp's failure In this move, Sharp Bitcoin reaches the range of 52000
if someone tell you BTC is overbought. show him that monthly chart.. and this target is very conservative. Happy Tr4Ding ! Special made for Babitos Koksalitos !
First trade the rebound opportunity in the downtrend, and short after the long position ends, tp60240
As long as the red box is not broken, it can see any of the lower green boxes and we are currently moving in the yellow area. Note that I expect a move from zone 4 and if zone 4 is broken, again It will be updated
the support 57 is very important and i think this setup is good for long position
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (Futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 63190.0 ⭕️SL @ 62276.0 🔵TP1 @ 65940.0 🔵TP2 @ 67883.0 🔵TP3 @ 69572.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
In my opinion, Bitcoin is a bit tired and should implement one of the three plans I have considered for it. It is possible to implement a part of each plan.
wheen we look on the weekly CHART ... WE CAN SEE that nice candle with long tail.... end we can see good reactions from the buyer's on the daily chat ... I think btc ll move to this levels in this days... down to :61840 up until:72470 ===================== good luck
The nearest support zone is in the green box, which can help to change the trend. If there is no support, the following numbers will be activated again.
Maybe this does make no sense for many of you! But I think this is the shape of the next move! BTC >>>> 49000 !! TP1 80000 !! TP2 after the halving, if it is confirmed. Let's see what will happen.
On the #Bitcoin chart, you can see a combination of horizontal and dynamic fibo levels. It took us a long time to see something new.... But here's our summary: ️ ↪️ right now, the #BTCUSDT price is at a critical point. If buyers manage to keep the price above $57000-57300 until Monday, there will be a chance for a good price increase via the blue route 🟦 ↩️...
Looking at BTC 12H chart here. As you can see on the way up, so far, we had one pullback into the 200MAs (purple and red). Price reacted well there and bounced and continued. We are seeing the same behavior so far here. Keep eyes on the 12H chart. If we can stay above the 200ma and 200sma, and close inside the white 100ma, we should see price continue to upside....
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
I decided to chart BTCUSD because I believe we're in an exciting time. We're starting to see our first sign of early growth following post halving. BTC is currently testing a key zone around level $59,750. (Yellow Weekly Line) I see two possible scenarios occurring so I'm in a stalemate on direction. If BTC breaks the current tested level to the upside, I think...
Bitcoin has respected its bull flag and is back above the red channel. Check out the zoomed out version of this chart below.
please check previous analysis Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.