I personally think btc when viewed from the decline from its new highest peak from last ATH. there is a possibility we are in accumulation phase making the ST first. and make the hingher low before we continued dump to spring, this wyck-off is valid if btc has increased, and the level of increase is below AR Becarfull for your trade, Bearish Still take of controll
BTC symmetrical triangle brakout trade oppertunity for mentioned tp.
An update on where price is for BTCUSD relative to the parabolic curve drawn against strong support points throughout BTC's history 25K (roughly) seems like max drawdown
As I had showed my idea in my earlier publish, BTC DID FOLLOW EXACTLY THE SAME PATTERN but it was so quick and without a small relief bounce. So from here I expect BTC to do some consololidation n touch the support line a few times n then bounce for uptrend till the resistance area. Potentially braking above it after 2 3 test on the resistance. For me I think BTC...
BTC has now ran both lows we discussed and currently sat inside the daily ob , with this we have to use any retrace offered as a way to get out of your position and ready for the next move down . 48k for me is out of reach but will leave it on the chart as a option , 4hr as shown below we have a breaker sat 37k and this will be where we look to get out , If btc...
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BTC / USD I think BTC still following my idea that I published on 14th april price finally hit 37k (second support line in my chart ) You can check my last idea here : WHAT NEXT ? From here I expect Bitcoin to test first support of channel which turned to resistance now (around 41k) The price action there will determine the next move : 1–If price able...
Triangle in wave 4 and you can see all of the waves clearly the target is above 80K
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Area 34500 is Very Important for bitcoin movement . If this Area Broken BTC The downward trend continues but It is possible to cut from this area and correct up to 37,500 . Also note the Theter Dominance to To predict movement . There is also a bitcoin modification in case of Dominance modification .
According to the Elliott waves and the divergence that has formed, there is an 80% chance that you should have a climb
Bitcoin market is bullish . Harmonic Pattern 1-2-3 in completed . MACD In Divergence 1D .
Two scenarios for Bitcoin can be considered. In the first scenario, the strong range is 28k to 25k chance of ending wave correction 4. The second scenario is a pessimistic scenario. Bitcoin always corrects its previous wave after strong climbs of 88% I hope this doesn't happen again. But always be prepared for all scenarios. The specified time range is most likely...
According to Kendallology, the fall is completed in 1 hour time frame
WXY or Double Three One of most time consuming correction and also known as good accumulation process if this prediction is correct we might see lower levels as deep as 33-32K
The Bullish Engulf Candle is obvious. Take a look to buy at correction.
Based on technical factors there is a long position in : 📊 BTCUSDT Bitcoin 🔵 Long Now 39500.00 🧯 Stop loss 37200.00 🏹 Target 1 42000.00 🏹 Target 2 43800.00 🏹 Target 3 49900.00 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝