Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the trend based fib extension grid, we can see that the important support is the zone from $31,060 to $29,888, to which we can probably see a price reversal in the event of a correction, and then we...
Following my previous update in June 2022, Bitcoin has indeed carried out most of the dead cat bounce that I've been expecting. Granted, it took longer than I thought, but the levels are still valid. This is just an update that we are indeed on track with the plan, anticipating to enter the 35k-37k price zone before the bear market continues. This zone is a...
Based on the provided market data, the current price of Bitcoin (BTC) stands at 33,892 USDT. The relative strength index (RSI) for the 4-hour, 1-day and 7-day periods are 1312.09, 1241.01 and 743.80 respectively. These values are significantly higher than the typical RSI threshold of 70, suggesting that BTC is currently overbought and may be due for a price...
Two CME GAPs to Fill Sell the GAP between them. $31k to $33k
Support & Resistance : - When the two prices meet, consolidation between support and resistance. - Called support and resistance reversal happens. - 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. If the price rises...
BTC currently facing weekly resistance and forming rising wedge on weekly TF....... We need to be careful and wait for weekly candle to close to make our conclusion...... Don't FOMO into this BTC move Remember there is always opportunity in market Follow for more market update
Traders, An additional point to my previous post regarding Bitcoin meeting its inverse H&S target of 35k: this also just so happens to intersect exactly a major resistance trendline which we have remained under since June of 2022. I know I don't do shorts anymore on this channel, but if I did .... Best, Stew
Howdy fellas! Figured I'd come back and update from the last time I put this chart out there. I am not playing the bear game here, but if history repeats itself, we still got that big dump before bull run begins. You might wanna take some profits at the end of this run, as this supposed dump happens in about 9 weeks. Once it starts in drops quick and the move...
In August, COMPBTC exhibited a precise bounce off the 78.6% Fibonacci support level, marking a significant turning point. Subsequently, the price has primarily traded within a range, all while staying below the downtrend trendline. However, a noteworthy development is the emerging pattern of higher highs and higher lows, hinting at potential preparations for an...
This chart was drawn with full animation and given LAST YEAR with full description on going up from $18k range when everyone was telling you to get out and we are going to $8k- FWB:13K range. It was also stated after the 1st trip to FWB:31K that we would go back to FWB:25K Before going up to these exact ranges. I have not moved these markings and i gave you...
Yeah, I know it looks messy zoomed out and taking in all the pointers and cues given etc. However, let me just take a moment to enjoy that I gave you these crazy targets everyone's acting so SHOCKED by literally DRAWN out with full detail and characters lol. months ago Now let's see if we can bust through this idea and or it just keeps playing out as i said and...
Another target hit as the CRYPTOCAP:BTC GAP was filled. Not sure if we keep pumping now, but holding for now. Still think that a low to mid 40k #BTC is a likely possibility. Maybe even this year IF the volume keeps picking up. IMO very likely. Monthly #Bitcoin looks VERY GOOD. We see the RSI as healthy and is that a Bullish Crossover about to happen?
hello guys... in my opinion, the btc is bullish and it wants to touch the 40k level as well but from where?! the first scenario: 1-react to the trendline 2-ignore the QML the second scenario: 1-break down the trendline by shadow 2-react to the QML which scenario are you interested in? _______________________________ always do your research. If you...
The Bitcoin is in a Bullish phase by Ascending Triangle. 🌟 Bullish signals are: - Pivot Yearly - Ascending Triangle - PRZ ZONE - break the Ascending Triangle - Crab pattern ❗ and the Upward signals of market momentum are: - moving Ema 200 & 20,50 ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed. _...
Hi guys, BTC went lower than I was expecting on my previous analysis ( under 19.300$ ) but recovered and is currently trading over the 20k $ levels. As long as we manage to keep this level we are still on our way to surpass 100k in the next 6 to 8 months. Invalidation level remains a weekly close under 19.300$. Happy hunting !
INJBTC is currently one of the most robust BTC pairs, making it a prime candidate for a "buy option." Our analysis strongly supports a long position, with compelling reasons for expecting an ongoing uptrend. This optimism stems from INJ's consistent adherence to the uptrend trendline, complemented by a clearly discernible pattern of higher highs and higher lows...
Hello All, There seems to be a confluence of patterns that are all lining up at one point on the charts, 31.1k. The Bat in Red, Shark in Blue, and Butterfly in Purple. There surely will be a reaction at this level. Whether this is a pivot to see lower low's past the 24k mark is unknown. There certainly will be a reaction up here though. Thanks for viewing my Idea!
BINANCE:BTCUSD / BYBIT:USDT.P + abusing the BaseLine Chart Damn high for a pull back, but also no rally. Unless its cosmetics just to let the Monthly Candle shine, its decision time.