A day or 2 ago I posted an idea of BTC going back down to 38K, We retested resistance again since then and are slowly making our way to the range low and I think it will break this time towards 38K. The ETF approval is nearing in the first week of the new year probably. This could trigger a selloff like most major news events in crypto So far everything is going...
In addition to the fact that this trend is still up, in my opinion, because the trend line has been broken, but it has not reached the last bottom yet, so the trend should be changed and become downward. 👀 But it may happen from those fake breaks or fraudulent support and manipulation in the market that is only in crypto.
CRYPTOCAP:BTC #BTC Beautiful climb, $45,622 resistance came in effect, $44,860 support tested and holding good, Bullish engulfing on previous 4h close. Great follow up on bullish engulfing from 31st Dec on Jan 1st, RSI on 1D looking fine. Next key resistance $46,623, $47,232.
CRYPTOCAP:BTC #BTC $41,577 support testing, broke $42,070 support, previous 4h closed bearish, RSI on 4H almost in oversold regions, $40,583 next key support which could be tested for 3rd time since Dec 11, Previous 1D close looks fine, $43,145 will resist.
CRYPTOCAP:BTC #BTC Given key support at $42,070 tested as expected and held, regained $43,145 support and testing support as of now, RSI on 4H and 1D looking fine, previous daily closed good regaining $43,145, $43,868-$44,174 continues to resist, watch given S/R
We are back in the triangle "on-chart". Support on 4-Hr, after tested severally got broken to downside Daily: RSI looks lot more room to down side. RUMOR: ETF approval usually precede down-move KEY Pattern: Double-Top formed clearly on the chart. It is all there is to see. Additionally what some people called M formation
CRYPTOCAP:BTC #BTC moving in tight range $44,174-$43,522, bearish engulfing forming on 4h currently, $43,145 support could test. RSI on 1D and 4H looking good, 3rd weekly close approaching with $43,868 resistance. Watch given S/R
CRYPTOCAP:BTC #BTC Beautiful break of triangle here, $43,868 resisting, Previous 4H close looks fine, Bullish engulfing on previous 1D close as expected, RSI on 4h and 1d looking great. $44,174 resisted yesterday. $43,145 support looks good, needs to follow up on bullish engulfing.
CRYPTOCAP:BTC #BTC $42,070 support in effect, current daily with potential to put bullish engulfing on. Eying $43,145 test. RSI looking good, Low on volume as of now, Green days ahead 🤩🤩! $40,583 key support, $44,174 and $44,860 key resistance areas.
CRYPTOCAP:BTC #BTC Testing $43,145 resistance at the top of the triangle, Amazing reversal followed by bullish pin bar 4h close at the bottom testing $40,583 support. Bullish engulfing on last 1D close, current daily moving for follow up. RSI on 4H and 1D looking good, Watch given S/R
Hello Traders! This is my perspective for BTCUSD H4. I see two key levels that most probably will be reached. The first one is Liquidity at the price of 39300. The second one is the resistance level from 38500, from this price I will look for a Long trade in case of confirmation.✅ Traders, if you liked my idea or if you have a different vision related to this...
while btc consolidating in a big area. we are starting at the low of the consolidation on monday which could mean another retest at the highs.if we lose certain leves we could see a drop to 33K
CRYPTOCAP:BTC CRYPTOCAP:BTC Descending Triangle forming on 1D and 4H, let's see in what direction this breaks, $40,583 support in effect followed by a bearish engulfing on 4H, if 4h shoots closing above $42,070 the Descending Triangle will break bullish, previous daily close with bearish engulfing
CRYPTOCAP:BTC #BTC $42,070 resisted and $43,145 resisting as expected, $42,070 current support, RSI on 4h and 1d looks fine, Previous daily close bullish, $44,174 retest likely then $44,860 key resistance to break, Continue watching given S/R
CRYPTOCAP:BTC #BTC current daily and 4h candle not looking good as of now as a bearish engulfing forms, $40,583 support testing, avoided bearish engulfing follow up yesterday with previous daily closing above current support. Watch given S/R
Bitcoin had a liquidity grab to the downside - Today we have CPI and the volatility could make BTC retest the very highs Thanks for watching
CRYPTOCAP:BTC #BTC dropped to $40,583 support Currently struggling at $41,577 support area. $43,145 support required to reattempt at $44,174 resistance. Bearish engulfing on last daily close, should avoid follow up today. Current key support $39,458, expect resistance at $42,070 & $43,145
CRYPTOCAP:BTC #BTC as expected $43,145 support good, $43,868-$44,174 resistance range holding strong, RSI on 4h looking good, weak volume in last 12 hours, gaining $44,174 support will help reattempt at $44,860 resistance , $45,622-$45,876 next resistance range to watch the $46,623.