On the left side of the chart we have areas of significant volume that pose as problems or areas of potential congestion for BTC as it climbs back up towards new highs. These areas are bearish orderblocks and we can generally expect price to react in a bearish manner off them. Once price gets above and consolidates it becomes new support. As shown by the green...
Bitcoin is still moving in the descending channel.
Also, Bitcoin is moving in its main bearish wave 3.
I showed you the 🗺️Bitcoin roadmap🗺️ in 1-hour time frame using Elliott wave theory.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this...
Moving In Descending Channel While Forming Bullish Pennant Too Incase Of Expecting Massive Bullish Wave In Midterm Expecting move towards 1$ In Midterm
BTC indicators look the same as US indices, looks like MFI hits oversold tomorrow then we see another pump.
No position, expecting Asia and Euro markets to be weak overnight
Bitcoin (BTCUSD) is on the third straight red 1D candle following Monday's rejection (and closing below) on the 1D MA50 (blue trend-line), the short-term Resistance MA. This maintains the medium-term Channel Down but at the same time the long-term Channel Up since the start of the year remains unbroken.
The 1D MA100 (green trend-line) is the first line of Support...
Hello dear traders and investors! In this article, we will be analyzing the price action of Bitcoin in the 4-hour timeframe.
Let's dive into the details:
Bitcoin has been exhibiting a range-bound movement within a downtrend channel. Currently, we are anticipating a continuation of the sideways price action within the range of 26500 to 27500. This range has...
Hello, everyone!
Yesterday I closed long trade at the entry just before this dump. It was good decision, but it looks like I missed short again. The reason is the shortened wave 5. I feeled that something is going wrong with this wave, but supposed that it could be the wave 4 represented as a flat corretion.
Now BINANCE:BTCUSDT is showing us that it still...
Today's focus: Bitcoin
Pattern – LH, leg lower.
Possible targets – 26,330
Support – 26,330
Resistance – 27,890
Today’s update is on Bitcoin as sellers have started making a solid move against the leg higher we have seen recently. Overall today, money has been moving out of risk currencies and into safe havens. This includes crypto, which has been treated as a...
After it found strong support under 26k, tapping twice in this zone, Bitcoin started a leg up and reached a high at 28500.
Currently, the price is consolidating these gains and has two evident levels for traders to watch.
The old resistance, now support at 27500, with a clear drop under exposing the recent low and keeping BTC under the falling trend line and under...
A large inverted H&S structure angled on the RSI
from the left shoulder we can gather information of what the price action might look like and apply it to the right shoulder.
Suggests my target of 36K still.
Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) jumped back above 28,000 on Tuesday, with a possible death cross signaling upcoming bullish momentum.
BTC/USD hit a peak of 28,044.76 today, following a low of 27,563.88 earlier in the session.
Today's move led to Bitcoin remaining close to a three-week high at 28,473,...
Notice how the weekly Stoch is still being dragged out as price stays tight? bullish outlook should be considered here. Looking for a flip .
Prevailingnine 5.21.23
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $27659, if the support is broken then the next support is $27461, $27184 and $26837.
Now let's move to the resistance line, as you...
Bitcoin, the pioneering cryptocurrency that has shaped the digital asset landscape since its inception, has been on a turbulent journey over the past two years. In November 2021, Bitcoin hit a record high of $68,974, only to tumble down to a low of $15,525 just a year later in November 2022.
Today, Bitcoin's daily chart exhibits a mixed picture, with numerous...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
UMA has been trading inside this bullish channel for over 6 months now. This trade is based on the idea that UMA will continue to trade within the channel.
Keep in mind that BTC is currently in a short-term bearish trend, so a long-entry carries more risk from the start. To counter this, this particular trade has a very high risk reward ratio of 15.5
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