In Daily Timeframe, #BTC is on the downtrend but Bears are losing power.
Also AFD Indicator Printed Bottom Signal Since 19 June 22
RSI Also Exaggerated Divergence as bullish sign.
Today also Bulls Keep the Control after CPI Print!
It's Time? 🏹
Since after the CPI index, the American inflation rate was in favor of the dollar and all the markets reacted to this inflation rate, I promise my dear friends that the trend of Bitcoin will rise and soon we will see that the trend of Bitcoin will be Sharpy. The coin is bullish, so wait for this trend and the range of 17900 to 18400 is the best place to buy...
BTC / USDT
In 4H TF chart :
BTC is forming ascending triangle pattern
Price is testing resistance for the 5TH time which make short term bullish scenario is in high probability (after breakout)
Invalidation of of this structure : breakdown yellow trend-line in my chart and we might make a new lower low before new uptrend
Forming a bottom is taking time....
The price came to the upper boundary of the trading range, in this situation, the chart shows the lack of demand, and then rolled back to the lower boundaries of the trading range and continues to trade in a narrow range with falling volumes.
Today there is a news background to the increased volatility in the markets.
If you like the idea, please like it....
*** IF YOU ARE ICT , SMART MONEY AND WAVE THEORIES CHART GUY , PLEASE CONTRIBUTE , EDIT , AND SEND FEEDBACK FOR THIS CHART , PROFITS THAT "WE" (TOGETHER) GAIN IS SWEETER THAN EVERYTHING ***
Pfffff this is Ver 1.0 of my ultimate chart . TIRED *.*
That abbreviations for long term : LWL/H ( Last Week Low/High ) V.rev ( V shape or reversal V shape chart structure...
hello guys .
our last analysis about BTCUSDT FTX has been failed since that Inflammation news came out . but now
based on Smart money strategy :
- we got a gigantic amount of Liquidity below $$$$ Line . Smartmoney would love to come back and 1. Balance 2. FIll the gaps 3. (most important) Hunt the SLs (Stop loss)
- China-Taiwan tension ! BE AWARE ! i dont...
#BTC UPDATE.
#BTC is currently holding the black line as the trend line support and looks like btc gonna test this support again & any break below this trend line support could result in dump again.
#btc has broken above the falling channel and looking to test the next support level at the yellow box area ,not expecting huge move as we are still stuck in the 18.5k-21.5 k range.
Hello traders, I hope your weekend is going well. Here's a quick update on BTC.
Timeframe: 4 hours.
Preview: Previously, we discussed the $19.4k support level and the possible bounce back but we saw the price moving a bit more downward.
Update: In this 4 hours chart, we can see that BTC holds a good support level at $19.2k and can literally see it...
In this chart i can see a good scalp for BTC/USDT, im waiting for demand zone, you can take entry with my analysis with proper risk management, Good Luck everyone.
The instrument shows a weak resumption of buying after the breakdown of the trendline. After stopping the movement, the price is in the upper boundary of the trading range. On the background of the fact that important news are coming out today, higher volatility is expected.
If you liked the idea, please like it. That's the best "Thank you!" for the author...
BTC UPDATE.
BTC is currently trading in rising wedge with upper band acting as the resistance and btc needs to close above this level for long positions.However,btc aslo making the double top at the resistance $ close below the neckline of the doule top will result in dump again.It would better if wait for long position and can take short positions with less...
Guys look out, big things are coming soon.
The one hour chart has just done a tripple blue wave that gets lower and lower as the price has been going up. Which is a Divergance.
However the 15 minute chart is looking slightly Bullish as of now.
Are we going to Zone B or C next? Tell me your thoughts?
I mentioned earlier that we would see $20,200 then most...
Analysing the current BTC move..
#BTC has again come to retest the resistance level but we have decrease in the voule as btc approaches the resistance level.Since this has been the Strongest resistance since past few days it wont be easy for btc to close above it.
Will still wait for the daily close as reversal is also possible from here.
As you can see the price is getting close to the top of the downtrend channel here.
Must take and close above 20550 for higher levels to be seen (green arrows)
Failure to break the trendline will get the price down to 14k if not lower.
My ideal pathway is a move up (ideally to 30k+, might be limited to 27-27.5k) by the EOY and much lower in Q1 of 2023, ideally...
Bitcoin in 1H Timeframe, is playing bear flag after many attempt to break resistance...
Worst scenario for me will be another another LL on Daily TF!!! around $17,500
