CRYPTO MARKET UPDATE BY TEAM TENUP Pakistan Time: 06:06 AM Bitcoin support levels - $16,300 and $16000 strong Support (is Ka Matlab yahan buyers hain) Bitcoin resistance - $16,800 and $17,000 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin) ——————————————————————— Analysis: BTC Support is at $16,300 and $16,000. Resistance is...
Hello, everyone! As you know I wanted to catch the bottom of the local wave 5 on the Bitcoin, but this wave as I can see was shorter than I suppose. Now it’s obviously that the market started the upside correction to $18k and we have to find the low risk long trade now. Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. The...
Why i dont see BTC to Crash soon Some of the Traders see a BTC double Top which would lead to a blow off and Crash. So lets try to disprove this view: - Chart Formation: I can find this type of Pattern only in Uptrends. Some think it is a double top but in fact its an ascending consolidation of which the 2nd top is higher. - BTC Price overheated: In fact...
Here is my view for BTCUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
I know it's a messy chart but lucky we have to focus on just a few things! As we just got the message that most FED officials backed slowing the pace of rate hikes we did see a small pump for BTC and a dump for the DXY. For the DXY I would like us to stay under $110 ish. For Bitcoin we have a few levels to watch closely. First the key levels to watch if we...
It just hit me, should have saw this before but is what it is. Such a beautiful confluence of support right in here. GBTC also hit a trendline that marked the 3k and March 2020 bottom, I think this could be the sauce.
Hello, everyone! Last time I told you that the “triangle” which a lot of traders mentioned it their analytics is just the wave 4 which is represented as the ABCDE correction. The end point of the wave E I marked on the chart. The following dump was just the question of the time. Current dump is the wave 5 and I suppose that the sub wave 3 of this wave have just...
Nothing looks good on this chart. Shorting to 10,000
Wow Bitcoin is still within a 6 month long mega pattern. A new move has been made as expected. Yes I was in a little long but that didn't last long. I was in a perfect position to get in the short at the top with my signals. I'm keeping a close eye out for the continuation or reversal. Good luck 👍
Looking at the Bitcoin Weekly chart, we point out a few key ranges. 📊 The first being the astronomical money-printing fueled pump back in 2021. This range is the backbone of why most, us included, are so bearish on Bitcoin and crypto in general. At least in the short term (we're bullish on crypto very long term). Thanks to the FTX circus, we've just recently...
from the bottom 2018 to the all time high 2021 fino my target is 0.618 as you can see 0.5 in red color means stand by whene the price start testing the 0.618 green line buy buy buy its time to buy
I shared a general scenario of Bitcoin with you I hope you like it Bitcoin is in a downward channel In this downward channel, there are two main supports to prevent Sharpie from falling, which I have marked for you with a blue dashed line I drew the general scenario for you, there is no need for additional explanation I think after we hit the top of the...
As we see this triangle forming we have 2 clear targets. We are going back up to approximately 18.5k Or we are going to make a new low of approximately 15k Very clear and simple. But wait for confirmation and enough volume. Trade safe!
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Ona 4-hr time frame, BTC has completed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
2014/15 Bear market look very semilar to 2022 bear market until this moment ...may we see a bottom at 9k levels in case worst senario ...i will update later we need more candles ...
Hello, everyone! Last several days the Bitcoin is staying at the same place and I can see the contradictory in the analysis from the influencing traders. As usual after such huge crash a lot of bulls have been activated talking about the bottom at $15600. Wave theory and trading chaos tell us that it is not true. Total disappointment is about to happen next...
Taking a look at 2 charts on this one. The left being right now, and the right being end of May into June when crypto took a significant nosedive.📉 We can see that the two charts are eerily similar. We've experience a double top at the 16800-17100 resistance. The last time we had a double top at a significant resistance level, we had a drastic drop to the...
Bitcoin is still looking bearish. The potential bottom and buy zone is at 11K - 12.4K in my opinion. In case of breaking the vital support at 11K I expect to see Bitcoin trading at 6K and even less!