An upward divergence is evident in the daily candle If you agree, please; Follow
I explained how I read the range that I created in the monthly time frame.
Hey guys, I hope you all are doing great. Here's a quick update on BTC and the market. BTC is back in the support level after getting rejected from resistance level 1. Can we consider this as a second chance to buy BTC at the bottom before the higher rally? Well, for this we need to look for confirmation and that would be a bounce back from the current support...
I will wait for the breakout of the triangle to take the buy position.
BTC UPDATE: 1) BTC has broken down the trendline support and closed at 39.3K. 2) Currently BTC broken down the 0.618FIB level ( GOLDEN RATIO) and if deviation happend its will flip .618 level and we can expect a bounce again from this zone zone to 40.5K and then 41.6K zone. 3) i am expecting for 38.5K. 4) PRZ ( POTENTIAL REVERSAL ZONE) will remain the same...
I think if BTC can hold the line at 38k the short term looks great. If we break down I think we will hold above 32k and mid term isn't terrible back up to where we are at 40k. Long term... The freaking Moon baby!
I think Bitcoin is completing a diamond pattern buy after brake the trend this is my personal idea!
#Bitcoin Forming Bearish Flag Pattern on 1 Hours Time Frame Chart - Bitcoin Red Alert!!! 🚨 Bitcoin Fear and Greed Index is 24 — Fear #Bitcoin and #Ethereum will reach new all-time highs within this year. - Alex Mashinsky The great depression is coming, so don't forget to buy the #Bitcoin dip… MACD line slight divergence from signal line; still no bullish cross...
$BTCUSD BTC chart with alternating repeating channel widths. I've used this for many years and figured I'd finally share the love. It's weird you know, it's almost like a bunch of math nerds designed the mean long-term behavior patterns of the chart, almost looks protocoled. Must be a coincidence. @RCD
$BTCUSD BTC chart with alternating and repeating channel widths on log scale. I've used this for many years, with buy zones whenever price enters green price channel or green RSI area. Figured I'd finally share the love. It's weird you know, it's almost like a bunch of math nerds DESIGNED the long-term behavior patterns of the price chart...almost looks...
bullish QM patter for 4h timeframe i expected we are long for 58000
Elliott wave analysis on bitcoin, if this scenario is true, we're currently in a wave 3 of C of D in a big symmetrical triangle correction. In addition, if it copies the 40-69k pattern, we could see it reaches the 60k+ zone in a month.
If we take a look at the 4-hour timeframe, we can see that Bitcoin was struggling to break above $41,300 for the past ten days. The price has already closed several candles above the mark and has flipped this resistance level into support. The next major area we are watching for BTC right now is the $42,800 mark.
Expecting bullish price action, i entered on the LONG trade as i told you in the previous posts. Targets into 45k What do you think ? Comment below..
BTC / USD This is a quick but simple update ! BTC faces 42k resistance the buyers still hold the price tight above the lower line (by candles closure ) Overall the market is trading in range of this channel since start of 2022 (almost 5 months ! ) WHAT NEXT ? –As long as the daily candles still close above this line the situation is bullish toward 44k 46k...
#Bitcoin continuation coming anytime soon again?? 📈
#Bitcoin Extremely Bullish On The Daily Chart! The recent drop in price formed a hidden bullish divergence with the MFI. This signifies that the bottom is in or very close. Momentum is shifting back in favor of the bulls; the next leg will be explosive. #Bitcoin Daily Bullish MACD Cross Looming!
#Bitcoin Pumping Exactly Like Predicated! #BITCOIN BULLISH BREAKOUT! 🔥👇 #BITCOIN we’re breaking our bullish pennant 😎 we could also see an bullflag, whatever th hey are both bullish pattern 🚀 #BTC PRICE TARGET: $42,7K Bitcoin (BTC) Price Bullish Divergence on the 4-hour Timeframe!