Bitcoin reached the Resistance zone($68,000-$66,170) again. Will Bitcoin succeed in breaking this zone or not❗️❓ According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 ; the structure of the main wave 5 can be Expanding Ending Diagonal . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . I expect...
CRYPTOCAP:BTC #BTC testing $66,961, previous 1D close looks super good. RSI on 1D and 4H looks good, current 4H looks to be forming bullish engulfing, strong support at $66,961 needed to test $68,546. $65,789 current key support, $68,546 key resistance. Continue watching given S/R
CRYPTOCAP:BTC #BTC $66,961 support in effect and testing, $68,546 resisting here, previous 1D close looks good, $66,323 key support here, $69,296 support required to test $71,379-$71,981. Currently forming bearish engulfing on 1D, if bearish engulfing played out expect $66,323 test.
Bitcoin moved as I expected in yesterday's post and managed to break the descending channel and Resistance zone($65,500-$64,850) . According to Elliott's wave theory, Bitcoin is completing the main wave 5 . I expect Bitcoin to start rising again after the minor correction and attack the Heavy Resistance zone($67,930-$66,160) . Do you think Bitcoin...
Bitcoin made the corrections I had expected in previous posts . Bitcoin is currently moving in the Support zone($63,410-$62,280) . According to the good news from the crypto market , we should expect an increase in Bitcoin at least until the end of July, when the annual Bitcoin conference is in a few days. According to the Elliott wave theory , Bitcoin...
Bitcoin is moving near the Resistance zone($65,500-$64,850) and Resistance lines . I expect Bitcoin to attack the Support zone($64,280-$63,850) again in the coming hours; if the support zone breaks , we should expect Bitcoin to fall at least to the support line . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your...
In my rigorous analysis of the BTC/USDT daily chart, I explore various technical dimensions that help in shaping an effective trading strategy. Current Market Position: The price of BTC/USDT is currently at $64,002, reflecting a 1.60% decrease in the latest session. This movement indicates significant volatility and necessitates an in-depth technical examination...
Hello Traders ! The BTC price reached the resistance level (62830 - 63801). Let's expect the bullish scenario📈 If the market breaks and closes above the resistance level, We will see a bullish move📈 _____________ TARGET: 66000🎯
Bitcoin started to rise after the German government finished selling Bitcoin , and what happened to Trump . Bitcoin is currently in the Resistance zone($64,420-$62,700) and near the 21_SMA(Weekly) . According to the theory of Elliot waves , it seems that five waves have been completed and we should wait for corrective waves . I expect Bitcoin to fall...
Bitcoin will likely return to higher values next week, testing at least $68,000 again. With all the good news on the horizon, things can only get more positive fot Bitcoin.
CRYPTOCAP:BTC #BTC $63,544 testing, Beautiful push above $60,629 with a test, Current 4H looking bearish, RSI on 4H in overbought region while 1D looking good, support above $63,544-$64,344 will allow test of $66,323, $61,953 current support yet to be tested, watch given S/R
After breaking the lower line of the Leading Diagonal , Bitcoin confirmed the completion of this pattern yesterday. Today, I analyzed Bitcoin for you in 15-minute time frame . According to the Elliott wave theory , Bitcoin seems to have completed the Zigzag Correction near the lower line of the Leading Diagonal ( pullback completion ). I expect Bitcoin...
A support range has been broken and has now become supply and a flip range has formed on the chart. The price is expected to reject downwards by hitting the red box. We have two important targets on the chart that we have identified. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop...
- The strategy is simple : --------------------------------------------- - Buy when TOP. - Sell when BOTTOM. 😂 --------------------------------------------- - Hope u got the Joke. --------------------------------------------- - Everything is in graph. - No matter how dip TheKing will go, don't be greedy. - When they speak Bitcoin is Dead. the bottom is near. -...
- everything is in graphic as always. - I have always been conservative about the next top. - As trader i believe in trends. - i always said : " more it takes time to go up, more higher we will go" - be ready for the unexpected. Happy Tr4Ding and Stay S4fe !
These past few days, the cryptocurrency market has been affected by news about the Mt.Gox exchange and the German government's manipulations . Bitcoin has managed to break the Heavy Support zone($61,100_$58,700) and 200_SMA(Daily) and is currently completing a pullback . In terms of Classical Technical Analysis , it seems that Bitcoin has succeeded in...
CRYPTOCAP:BTC #BTC following up on previous 4H bullish close on current 4H, $59,788 testing, some resistance at $58,882 is also expected, RSI on 1D and 4H looks good, must gain support from $58,882 or it will retrace back to $56,557 test, $60,629 next key resistance, watch given S/R
In the last major rally, BTC needed approximately $522 billion to drive a 51% surge. Data from Feb 5 to Mar 4, 2024, highlights the substantial capital influx required for such a rise. Given current market dynamics, the availability of similar liquidity to ignite another significant price jump seems unlikely. 1D TF highlights a key support level around $ 53K ~ $...