Inspired from Gann Astrological Wheel chart - from Hans books ;)
In daily timeframe BTC its holding support, and rising channel RSI is showing bullish trendline. If Bulls take control we might see another retest on the Resistance Zone ($45,500 - $46.150) In case bulls lose control we will retest another Support Zone ($35,000 - $34,000)
My very little experimental work on BTC demand zones... I state that it is experimental because these parts are the most voluminous areas. In my EW count in BTC , I think that the 4th wave will end in the regions where the purple boxes are most concentrated. I know, it's an open-ended explanation. But right now everything seems uncertain. :/
Welcome to my update on BTC in 4 hours TF. In our previous BTC update, I expected a little bounce and then a rejection but it rather got rejected straight from the $43k support level. The current BTC price isn't looking good. We have resistance at $39.8k to $40k which gives us two scenarios. Scenario 1: BTC breaks above the resistance level and bounces back to...
"What we have hear is a failure to communicate..." urrr... or an ABC correction. Look out for that $50K - $55K area. Hidden bullish divergence on the RSI tells me that we are headed there. That is where I will de-risk a bit.
Hello trading friends, This is a daily update for BTCUSDT depending on the last trends. We are still into breakdown trend - This can change coming time when BTC hits over 40300+ There is a good chance, that we could enter soon a new uptrend for BTC - but the question will be the same for how long? we can only confirm this for a low time frame coming time...
obviously we can see 39 prz zone and i think we can see some upper move after this bo or strong spike to it if we loss 39-38 k the deep is 33-34k
I am sharing with you the new aspect which I see the BTCUSDT - Monthly timeframe. As can be seen we have a pullback at monthly timeframe.
Hello trading friends, Bitcoin is a coin that could be very risky on all sides you trade - know that market makers make the choice between short and long into the low time frame. Manny did lose them money by the dream to have the best trades into BTC - and yes it's possible, but the success will be only with good risk management. I personally find it not good,...
BTC after having risen to a high slightly over $44000 was rejected back down to the $41000 levels. However, BTCUSDT has currently reached a strong support level supported by several indicators reinforced by a combination of indicators and chart patterns. Firstly, BTC has reached 0.382 fib support level which is a historically sound level in terms of fib sequence...
BTCUSD is still hanging within the oversold zone, if you are looking to go long, just go long. You probably wont get a better opportunity this cycle. I expect this cycle to end in June, so there is still some potential for upward movement.
Hello trading friends, BTC is in a new downtrend area depending on TA trends. The confirmation of this area is the 42600 - we should confirm or come to a time BTC will hit this target as BTC is now still above the 43K. Have a great day. Manage your risk all time - it's BTC and it can go all sides in the long term. some can be 10x times right - but with 1...
Welcome to this quick BTC update, guys. BTC is unable to break above the resistance level. We saw some rejections in the last 24 hours but here's an interesting thing. BTC has formed a supporting trendline of $43k from where we may possibly see a bounce reaching towards the resistance level. BTC may bounce a little higher and then get rejected but if it manages...
On weekly timeframe we can see that both rising channel working good. We seen that the support on the bottom channel already done twice last weeks. RSI weekly is growing and ready to breakout! MACD also showing week bears... In my opinion in the next 18 Months we might see new ATH around $100,000
BTC is loosing again resistance zone, We might see another retest on the trendline breakout at Support Zone ($42,000 - $40,500) An than we will see the real power of Bulls.
So I was thinking again, and it might be that my last idea here () was too simplified. It seems the cycles are getting overproportionally longer. Also, it seems that the tops are diminishing more than previously thought. I take all cycles exactly from the previous halving days, except the very first cycle, starting day there is of course when BTC started trading...
Welcome folks to this BTC update. It's my privilege to help you guys with my ideas and T.A. For those of you who are a part of my community, I wanna thank you guys for showing your continuous support. I am here to keep you guys updated and take this community to another level. Current Scenario: BTC has taken enough guts to say, "I ain't going down" but I...
BTC has formed a double bottom on the daily and is in a recovery phase upwards Only the weekly chart a larger support level can be seen touching price, this also coincides the the 100MA, a great place for price recovery Attaching my relevant ideas for BTCUSD, Using these analyses you can surmise a potential entry or exit point for the coin