Heres is the case 1 out of 2 where the price is being rejected from the current zone if that happens following will be my short targets.
💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA19 for the 4th time -This 46k-47k area is now confirmed as a key level -Currently, BTC is trading just above 50k -The daily wick resistance is only a few dollars away -Very good sign for the overall market space condition -If BTC can hold above 50k for at least a week -I think the next stop is 53k...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin is trying to hold the 48k short term key area -With the confluence of Fib support and Moving Averages -If BTC can make this level survive for the next 24 hours -I think we will have a higher chance of retesting the 50k dollar -If this happens, I'm expecting a good start trading week -I'm on the strong altcoins...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA19 as the price is bouncing up -We can see a descending bullish pattern -The only confirmation for this is an upside breakout -Many altcoins are now recovering from their recent pullbacks -If BTC will remain stable until the weekend -Things will be looking good for the crypto space -Good luck...
Hi everyone, Hope so You all are doing well, Now come to the point I shared the BTC scenario yesterday which was on the point you can see my idea, It got rejected at 48100 so the next target is 51 which is not major resistance if you ask me I can see 56k coming but you will you are daydreaming, It is crypto anything can happen, But for short term, this is the...
At the moment, Bitcoin is in a channel and it touches the channel ceiling, and since we see a Dodge in the daily time frame, it can be said that Bitcoin will have a correction to the lower level of the channel, and after that it is possible. Bitcoin should continue to fall or be pumped.
💎Technical Analysis Summary💎 BTC/USD -Bitcoin may have found support in the previous areas of interest -The 44k dollar zone is a confluence of these two EMAs -If the price can hold this level for the next 24hrs-48hrs -I think we can say BTC is ready to consolidate again -The next step is potentially to retest the recent top at 48k dollars -Tough day for the...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMAs at the 8H timeframe period -With the confluence of previous higher low at 43k dollar range -The price is now retesting the recent top -This zone has been tested 3x and it is still acting as resistance -As long as the Bulls can hold above the EMAs and 44k dollars -I think there is still a big...
As we are at the precipice of a large gap between $46k and $48k it has come to my attention that we could possibly begin to squeeze. This would most likely send the price soaring up to the $50k region. This would be a must to disregard higher time frame divergence. Albeit, not much of that is considered when in a parabolic trending market. For price to fill the...
HI As you can see in the chart, we have reached the support level of the channel and now we will see an upward trend. Beware, if this support level is broken, we will see more bitcoin falling. use 5 or 10 leverage.
Be sure to look at the chart carefully and use Stop Loss. Also, use a low margin when the market is confused.
💎Technical Analysis Summary💎 BTC/USD -Bitcoin in the short term is looking to retest its local support -Though this area has been tested before so it might likely do it again -If the Bulls will defend the 43k dollars zone, then we can be safe -Then expect a potential return up to the 46k dollars again -From there, we will have to re-access the market if we can...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin is now testing the weekly mid-resistance area -We can see the price is reacting to this zone -The 20W Moving Average also a confluence in this level, this may act resistance -But if the Bulls can sustain the 41k-43k trading zone for the next 5-10 days -I think we will have a higher chance to break above this...
BTC/USD Bullish double bottom for Bitcoin Back above 50MA Retesting recent high If broken, expect the price to hit 46k
BTC/USD -Bitcoin found support at near the 20D Moving Average -We can see a strong move up by the Bulls -If this daily candle closes in green -We can say the 37k dollar is our immediate support -If and only if the recent top is broken upwards -The chances to go higher increase to test 47k sell area -For now, everything is looking safe again -Some Altcoins is...
Bitcoin is rejected at the 41k-42k resistance zone. We have 3 potential areas where BTC can find support. This is from 38k down to 34k where the 50D Moving Average is located too. Let us wait and see.
💎Technical Analysis Summary💎 BTC/USD -Finally, after 3 months of red candles. The month of July finishes strong -Bitcoin has a monthly immediate key area of support around 35k-29k dollars -This is the zone we need to watch for the remaining months of this year 2021 -As long as this area will hold, BTC will remain Bullish until the end of the year -For now, I'm...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin finally confirms the weekly key support area -After a strong recovery back above the 50W MA and hitting the 40k level -We can say BTC is safe for now in the coming weeks -But the Bulls can't stay relax because the 40k dollar is acting as a strong barrier -And also, we have a new CME price gap of around 34k-32k...