BTC/USDT Binance 4H Hollow Candlesticks As the bull run continues, a parallel bullish channel has formed. If the price break out this channel, a new TA is needed. A Rising Wedge has also been formed, where the rule says that is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of...
It seems to me that Bitcoin wants to retest the bottom of the channel. Although we are in a rising channel and the trend is ascending, I want to take a short position here because the risk-reward is not bad. After that, at 27,000 or slightly higher, if I see confirmation, I will open a long position up to the top of the rising channel.
BTC broke out of the bull channel to the downside last Tuesday in a mad dash toward $25,000, the bottom of the Weekly trading range. As the price curled up to test resistance and confirm the breakout, the price failed to fall lower and as the days ticked by, the bears gave up. This past Monday, we broke back into the bull channel hard and went all the way to...
Bitcoin is progressing on its red line, a red line that, when it breaks, the possibility of Bitcoin 25 and 23,000 should be raised, and in case of support and growth, the probability of Bitcoin 38,000 should be in mind. In the low time, everything is ready for growth, but the important time is the daily time, which should be looked at in the coming week.
In my opinion, in the four-hour time frame, our trend will be downward until the specified areas. And then we will have an upward cycle again.
This is what I see in BTC. Due to the formation of 2 GAP in the price of 35 and 20. I consider the possibility of such a move in the future #btcusdt #btc
Bitcoin looking to pull a Golden Ticket from a Wonka Bar. This Wonka Bar is for all the Strong Bears out there who are gonna have to pay double for their ticket.🧸😅 PT: 27k
The pattern of two peaks is one of the strong patterns of technical analysis, with which I have previously analyzed for you, and we have seen results above 10% of it, and it is still being formed. Be careful with your purchases
I have put some levels from a book from W.D. Gann. So we are about to close over 200 Ema and just the level I was talking about. I'm thinking of a few more impulses before a long 4th Wave(correction over all the holes we left while we were climbing). Overall bullish for me.
is bitcoin going to break the ascending trend line? I don't think so but you know trading is not an emotional work I'm waiting to see a price action pattern on the chart then opening long position.
In the 4H time Frame, I think it's early to open a new position I'm staying to see what will react to ascending trend line in the chart or RSI.
As i mentioned in this mornings' video, the 49.500 Resistance and neckline of the 'W' pattern (Green) on the smaller time-frames, is proving to be a challenge for the bulls. This has been a solid support/resistance area for qite some time now. In addition we just broke down from this wedge (Orange) on the 1h and now we need to see if we are going to be able to...
Dear Friends this is a new update from last on 14 Dec. we have a descending trend in the resistances. I expect tomorrow have an important volatility