Targeting Bitcoin using Andrew Pitchfork and Fibonacci Extension. Price will go up if make new higher high.
BYBIT:BITUSDT 4H trend chart - BIT is breaking out the long-term downtrend line, also overcoming the neckline of double bottom. So we can buy it here with trading strategy as below. - Profit Targets: a) 1.262~1.280-----Fib(1.272~1.382) b) 1307-----Fib(1.618) c) 1.350-----Fib(2) Stop losses: a) 1.153-----Red horizontal ray - If you like this analysis, smash...
BITCOIN does a sideway UP . It's a good storage period, but be careful, there will be smashing and shocking. But the direction still depends. Expect to do this for about 1 year. Maybe it won't increase the intensity. but will gradually increase
Bit seems like wants to repeat the pattern which it did last 3 times , with breaking the raising support line. On Average after we break this key area , we got a 25-30% move to the downside. From moving average perspective BIT was rejected by EMA 55 once again. On the daily RSI we can see that Hidden Bearish Diverge is forming once again. On the daily MACD we can...
Technical : 1. Bitcoin is at its Daily Support Level. 2. Fibonacci retracement is showing upside potential. 3. Wicks can touch the orange line. 4. Target = 43000 Fundamental : Due to restrictions on Russia. Rich people in Russia can convert Russian Ruble into Bitcoin to protect their wealth. Bitcoin could play an important role as a safe haven asset or in...
BYBIT:BITUSDT 1H trend chart - BIT already hit our 1st TP from my last idea. Congrats if you're following it. - You can hold the rest to until hitting other TPs and can move SL upper if you want. Now, 1H trend is forming a potential cup and handle, and here is the buying timing, so I'm going to provide another strategy as below. - Profit Targets: a)...
BYBIT:BITUSDT 4H trend chart - BIT is squeezing in a triangle, and our resistance is the downtrend line. On the other hand, price is getting support from the uptrend line. So, if BIT can overcome the downtrend line, we can do long with strategy as below. - Profit Targets: a) 1.662----Fib(1) b) 1.731~1.785----Fib(1.272~1.382) c) 1.914----Fib(2) Stop losses: a)...
BIT is in a trading range between the $1.75 and $2.1 levels. Many participants are accumulating their positions in this area. And most of the stop losses are below this zone. Big players can adjust the price below this zone and collect liquidity below it. On the chart, it is worth highlighting the trend line, which acts as support. If the trend line breaks,...
Ba hemayat Qeymat Dar shakhes e bazdeh e owraq qarze shakhese bitcoin ham b nazar dar hale taqeere ravend va taqier e mowje mibashad. dar tahlile mowjie ma mowje 2 eslahi be nazar ba payan reside va ba oboore qeymat az mohdoodeye 43.100.00$ tavende nozooli dar tahlil tasbit khahad shod .
= Update to previous analysis = Inside a bearish channel = Shape of cup and handle model = Target of the model is 47159
10% up. How beautifully retest the Trendline line. Probably take some profit here. And still our target is coming.
Bybit token. How beautifully going as predicted from my last analysis. Keep Building more to come for BITUSDT.
BIT the bybit's token is about to break the downtrend and after that we buy. Good luck
Bybit token. The major triangle is broke already. Let's wait to break the Symmetrical triangle upside. Then long. TP stop-loss shown on chart.
BYBIT:BITUSDT 1H trend chart - BIT is going to break out the long-term downtrend line. If price can take the line out or wait it to stand above 1.885(Fib 0.618), we can have a great risk-reward ratio with trading strategy as below. - Profit Targets: a) 1.945----Blue horizontal ray b) 2.078----Fib(1) c) 2.215~2.271----Fib(1.272~1.382) d)...
BYBIT:BITUSDT 1H trend chart - BIT has broken out the downtrend line which is formed since Nov 21st And it retested it so far on 1H time frame. If price doesn't show a fall immediately, trading strategy as below. - Profit Targets: a) 2.435----Fib(1) b) 2.49~2.512----Fib(1.272~1.382) c) 2.56----Fib(1.618) d) 2.637----Fib(2) Stop losses: a) 2.353-----Red...
In BITUSDT 4H If the price break out the neckline ,trading strategy as below. SL:2.455 TP1: 2.69.2 TP2: 2.718 TP3: 2.776 TP4: 2.868 If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
BIT is breaking down nicely and I have marked a zone where I would be interested to take Longs . Confluences * Point of Control Speed fan .75 .618 FIb plus a Daily Level Providing that BTC continues to stay range bound this presents a nice opportunity for Longs Like and follow for...