Hello. I'm doing another Bitcoin analysis, complementing the first one (or correcting if that's the case). Now I'm trying to be more simplistic and objective, considering the most recent scenario, and discarding some indicators that say the same thing. 1. Graphical analysis High Channel The price is testing the support line. Now might be a good time to...
1,4 hrs chart we have a 24 hrs fight taking place King wants to rest a bit for the next Moon Shot... Happy Trading... Rumor Has it, although Simple Price Action & Strength Index has some short term plans but Bulls are planning something big, no time to wait!!!
A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. If the price falls below a support level, that level will become resistance, which is the case for Bitcoin right now. 59100 is the new resistance and we also have a strong support now at 54300. I think the price will bounce in this area for the next...
From the daily chart, Bitcoin is not bullish yet. The upward movement has not broken through the upper bands of the weighted Bollinger Bands. Short term movement will indicated bearish trend. We can expect bullish trend when the price breaks above 63,130-ish.
BITCOIN important levels and very critical situation. Pay close attention to the break points! Note : This is only a personal Idea and Not enough for trading!
1H TIMEFRAME : BINANCE:BTCUSDT As you can see in the chart, we have a descending wedge. Basically, the descending wedge breaks from the ceiling. If we succeed from the ceiling, we can expect the market to be a bit balanced. It is too early to take a bullish view. we Can Pullback to Breakout Event . But we must also consider the sales pressure that may cause...
A possible EIW and ABC correction move for BTC creating a double bottom at a strong zone of support
Bitcoin has formed a clear bullish divergence on the daily chart, which suggests a correction to the upside. The 4h forecast seems to be forming a descending triangle with bias to break to the downside, however recently many bearish formations broke to the upside so I would rather stick with the divergence. Break of pivotal level of $57820 will invalid this forecast.
Hello, everyone! Last time I did the article about Bitcoin analysis, I told that the bearish movement was anticipated, when the price was $65000. If you executed short trade you are in profit now. Today I want to warn you that the bearish move is almost finished. now it’s time to find the entry point for long positions. Please, read carefully the articles in...
BITCOIN important levels and very critical situation.. Note : This is only a personal Idea.
AVAX is holding up quite well. Look at the comparison this month between Bitcoin and the former dip resistant SOL. Buy strength, means Avalanche
On the 4h bitcoin to usdt chart we see that bitcoin has had previous strong support on the 60k mark. Expect to see a rise in bitcoin over the next few days. Buy the DIPS!
In my previous 3 or 4 analyzes I said that in order to maintain its bullish trajectory, Bitcoin not only needs to stay above 63-63.5k zone but also needs to decisively break above 66k. Both of these have failed yesterday. BtcUsd has started the week in a bullish tone, and after reversing from 63k, tried to reconquer 66k, and, as we all saw, failed and dropped to...
Previous ATH support lines shown at $64,300 with support corridor showing a low of $64k with tremendous support. Great buying opportunity if you ask me!
As mentioned in previous chart, Bitcoin is likely to find support around $62k, but a lower test could be potentially possible in the short term as Bitcoin has fallen out of the trading corridor, just to return to it. I personally believe this is a buy opportunity. Trade at your own risk.
Hello everybody We come back with another analysis of Bitcoin , and last analysis about Bitcoin exactly done and reach to our 1st TP And in here at this time after fall down the price , the traders will have nothing to do because there is no sign for where we wanna go , and some traders that take long position before or after falling they put their stop loss...
Zooming out is sometimes the best way to take away fear and doubt. Even a 52k Bitcoin in the first week of December wouldn't invalidate an uptrend. At the moment the 60 - 62k is acting as a strong support area. BTC is still above the middle band of the boillinger bands, and the RSI above 50 indicates Bitcoin is still in a strong uptrend. Let the short term noise...
#Bitcoin Cup N Handle pattern. Handle formation about to complete. We should be going up soon to 70k+ Levels. Tighten ya Seatbelts!