i think that bitcoin will drop to 25,356 before it pumps to 28,660
STRONG TREND LONG 17100-17200-17500 next....
At the moment, the price has formed a triangle correction model. The key resistance level is at 10830. The key support level is at 10530. Based on the market statement and the probability of price movement, you should tune in to a possible false breakout of the level 10830; in this case, you should immediately turn short at 10530. With an adequate situation,...
On the D1 chart, the price is trading in a narrow range, forming a triangle correlation pattern. RSI is in an undefined state. The Ichimoku cloud is directed downward. On H4, the triangle pattern is more clearly visible. Trading option for this model is a breakdown level of 10300. We recommend looking for sales in the direction of price reduction.
Hello friends! Since the last publication, the BTC price movement has been clarified by the model of the formed correction. At the moment, we are considering 2 alternative options in the next several days, as well as 1 option in in the next several weeks. Speaking of the perspective in the next several days, as before, we expect the end of the triangle...
GIVE THIS IDEA A THUMBS UP AND I WLL POST INTRADAY SETUP FOR THIS IDEA ... ANYWAY I AM EXPECTING A LITTLE DOWNTREND BEFORE RALLY.. NO HARD SCIENCE EASY AND SIMPLE
The price is decreasing within a downtrend, as evidenced by the downward Ichimoku cloud on H4. Besides, the RSI on H4 is near the oversold zone, which indicates a possible start upward price correction. On H1, the price is near to the local support level at 10300, and the RSI also declined to the oversold zone, signaling the imminent completion of the downward...
Bears are losing the attempt to play the downtrend and instead turning resistance areas into support,the channel has not broken and support still stands 10.6,10k.The accumulation over the past 3 months is setting up for a huge ending quarter for the market in my personal opinion. I think this test of resistance may be the right amount of pressure at exactly the...
My BTC upside targets are $16,000. After a longer term fib 61.8% retest, which correlates with the blue line I drew.
That area was a great resistance, that should be a reliable support. 10490-10430*
Month downtrend channel upside breakout. Price raise perspectives inside 3 months channel.
I can say only "BUY THE DIP", some orders from 9.9k to 9.2k just in case, believe me this zone can be retested. SOON
H4 On D1, the cloud is directing downward, indicating an downtrend. The price also broke the downtrend line at D1. Conclusion: Locally, we recommend buying when the RSI reaches an oversold level on the H4 near the Fibonacci level of 38.2%. H1 At H4, the cloud is directing upward, indicating an uptrend. The RSI of H4 is not far from the oversold level, indicating...
H4 On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line on H4. Conclusion: Locally, we recommend selling when the RSI reaches an oversold level on the H4. H1 At H4, the cloud is directing upward, indicating an uptrend. The price also reached a downtrend line on H4. Conclusion: Locally, we recommend selling when...
H4 At D1, the Ichimoku cloud is directing upward, indicating an uptrend. Also, on H4, the cloud is directing upward, indicating the movement within the framework of the trend on D1. Conclusion: Most likely, a triangle correction model is being formed on D1. We believe that the price of Bitcoin could rise to $ 10,000. RSI is overbought. We recommend selling from a...
💰 LET'S GET INTO SOME LONGTERM BITCOIN ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - We have been trapped under a major key level of resistance at 10k - 10.4k. This resistance level is the main level that will determine what happens next in the bitcoin market. I have labeled...
Hello everyone! Price continues to move within of framework of our wave map. We all also believe that price is moving within the upward correction channel. The optimal level for the purchase can serve as the bottom line of the channel. In general, we are continue to expect Bitcoin price growth within the framework of the impulse waves. Good luck to all!