In this analysis I want to take a look at a more bearish crypto outcome for 2023. Note that this is not my most likely scenario. However, I think it's valuable to look at the market from different perspectives to construct a better view of the market. As seen on the chart, Bitcoin is potentially trading in a bearish symmetrical channel. Note that the top purple...
Formed & Breaking Descending Channel Expecting Massive Bullish Wave In Midterm Incase Of Successful Breakout Expecting 200 to 220% bullish Wave
Seems Like Getting Ready For Massive Breakout Formed Falling Wedge Incase Of breakout Expecting 200 to 220% bullish rally
Bitcoin has been in a consolidation phase for over two weeks and has formed a bullish flag pattern just below the daily resistance level. However, the price of BTC is struggling to break above this resistance, as indicated by significant selling pressure and long upper wicks in the highlighted zone. We have a strong belief that if Bitcoin fails to break out above...
Strap in people! this is where everyone talking bullish but rolling over bearish.
Hello Crypto Lovers, This is a 1D frame analysis for BTCUSDT Friends, as you can see, our previous analysis has panned out and friends had requested an update, we have reviewed the market in a lower timeframe. Currently, the price has hit our 4 hour support zone and the previous candle has closed positively which can be good news but Bitcoin is in a range where if...
The current generation of digital currencies are something I really implore you to lose all faith in. At this point in history, they are old, and have been corrupted by various factors using the "Embrace, Extend, Extinguish" technique. In the short term future, the existing cryptos will be significantly marked down as a result of Central Bank Digital Currencies,...
Bitcoin fell again to the bottom of the Rectangle pattern and the 🟢 support zone($29,860-$29,420) 🟢; however, considering the momentum of Bitcoin's fall, I expect the growth of these few hours to be a corrective structure. To better view the Rectangle pattern , see the post below.👇 Bitcoin was able to complete the Zigzag correction(ABC/5-3-5) on the 🔴...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see that a few time ago price bounced from the resistance zone, which coincide with the resistance level to the support level. Also then, BTC declined below this level to the support area, but at once backed up and later rose to the resistance level. After this, the price...
hello guys... as I said before the main trend in btc is bullish and I believe it: however, in a lower time frame, it broke down the trendline so it is so possible that this coin touch the %33 fibo level! if the price retrace to the blue area you can get a short position until touche the gray area! _______________________________ always do your research....
Seems Like Building Up for Massive Breakout Formed Falling Wedge In 3 days tf incase Of Breakout Expecting 200 to 220% Bullish Rally
We can see an overview of bitcoin in the weekly time, at first glance, there is a resistance zone in front of us, where we can have a movement correction in the range of the green line. And the next wave of movement towards higher areas will happen.
We can see an overview of Bitcoin in the weekly time. The possibility of movement towards the red line, price correction up to the specified area and movement towards higher areas.
Based on our 4H TF we were waiting for reasons to buy inside the green box! Today we wait so much to find our reason to make buy! Reasons for This Trade Liquidation and Fake Break closed above Another 1H Inside Bar for our confirmation Waited for price to come back above this IB Candle and opened trade Risk: 2% Entry: 30126.8 Stop: 29680.0 Targets: 31127.3,...
Its IMO highly likely you get some sort of scenario like this over the next few months and into this winter. Once we break that $32- BER:33K level there really isn't any R until the $37k range and its HIGHLY unlikely we go up there and smash through with a real pullback which we have yet to have for a while now. You need that kind of FAST and DRAMATIC pullback...
After a long layover, ready for a big growth It is a very good place for holding
BYBIT:BTCUSDT.P We are BACK with other simple analysis and yes, we are still in that consolidation phase for now and just waiting to signal what way BTC wants to go but either way we adapt to whatever it is get some nice trades in. As far as we know guys, we could be about to blast all the way up to the 35k mark at any time! I am still longing as I am long bias...
#Bitcoin Update: Range Battle Continues! CRYPTOCAP:BTC attempted to break the trading range but faced rejection. However, the positive news is that Bitcoin is still trading within the range. Stop loss is recommended for all open trades as volatility persists. Stay vigilant and manage your risk wisely! Range Bound: $29,800 - $30,400