I think Bitcoin should bounce from the strong support of 42700 to the 43880 resistance short term. Looking forward to read your opinion about it.
Hello everyone We are near to 0.5 Fib area and the weekly TF will be closed tomorrow so I don't think it will be closed without any wicks. Plus the volume is decreasing and there is divergence in 4h TF. Price is 62% down without taking any breath. I think price will jump soon (maybe on 0.5 fib) and the targets are 29.41 (0.618 Fib) and 41.54 (0.786 Fib)
The bitcoin chart has formed an upward triangle and has a significant support in the range of $ 42,500 to $ 41,500, which I think if this range is not broken we can see a bitcoin price pump. $ 45,000 in the first phase, $ 48,000 in the second phase, and $ 52,000 in the third phase, followed by a big dump
is bitcoin going to break the ascending trend line? I don't think so but you know trading is not an emotional work I'm waiting to see a price action pattern on the chart then opening long position.
This is the BTC resistance "danger zone" I've created for anyone who jumped the gun on a long position. Once we hit ~T42,5k again for our double bottom, that is when I feel we are going to get a nice big ol' green candle to start us off running back up to test 45 again. ♠️🤫🐿
as long as bitcoin stays above the ATR trailing stop, don't worry, its main target is breaking the 48 and then 52 make sure you've checked the last btc analysis, the link is attached below.
51.4K within 12 days? (4/14/2022) based off inflection point on trend line (arrow 1) I think it will happen by Monday IMO (3 days) this is based on previous symmetrical top (arrow 2) potential marker for near symmetrical retracement based on previous high in bearish cycle (assuming our retrace up looks similar) (arrow 3) My technical reasoning: -Ascending...
Bitcoin is right now so hard to trade, but it's better not to react to every step of price movement with a sentimental decision. Stay tuned, keep your assets, start closing all your positions after the price goes to the 50000 channel. don't forget to comment your questions,
Possible IH&S forming on the15mins bitcoin forming. This could get UGLY (short term)
On daily time frame Bitcoin is trading within 12000 points range. The range is huge. Breaking above 45500-46000 will break this 12000 points range and we can see huge rally near future.
Hi guys, in order to be safe, please manage your assets when BTC is in either of two red zones. these are very powerful resistance zones and lines. have at least a profit by selling a portion of your assets. a suggestion: on the first red zone, do not open short positions at all. (unless a very strong sell pressure is obvious, btw it's risky) but on the next...
Bitcoin - Intraday - We look to Sell at 44587 (stop at 45606) Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 45332 has been pivotal. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 44500. Expect trading to remain...
Chart Overview - Binance, BTC/USDT, 1D ANALYSIS - 4 Key price levels are established using the fib ext. from the ATH to the low of the large subsequent price dump to the next high before we dropped once more to low 40k's. The prices are as follows: 0 - 52k 0.236 - 45.7k 0.382 - 41.7k 0.618 - 35.4k Conclussion: For a bullish reversal the most ideal situation...
Looks like the bitcoin is making complex B formation in which it after X wave it going to complete a Flat pattern.
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 1-hour time frame. The price was inside a triangle and after receiving support at the support line for the third time, the price was able to break our resistance line. It has now hit our resistance zone. If it is rejected, it can come down to the support line and if supported, it can...
Looks like that Bitcoin is creating Impulse pattern and correction of 4th wave is on way to complete. If it stay around 48k zone then one leg downside (5th Wave) will remain but if it cross 48k and stay above it then i'll reconsider my counting.
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. The price hit the support line of the triangle and now is ranging over it. Given the long shadow by the 4-hour candle, it shows that the bears pushed the price down. Also we are inside a descending triangle which also signifies a bearish trend. You can Short it here...
If you haven`t sold the regional double top: Now looking at the chart, my short term price target for BTC Bitcoin is the 42K resistance.