Bitcoin Drops Subsequent To Powell’s Inflation Remarks ✅ In the previous day, the price of Bitcoin fell by 6.3%. The majority of cryptocurrencies also lost value after Powell’s remarks. Bitcoin and other cryptocurrencies fell on Friday as traders reacted to hawkish remarks made by Federal Reserve Chairman Jerome Powell during a major address...
price action prediction TAYOR DYOR Not a financial Advice 4 hrs chart seems continues break of structure. if $BTC break my POI we can see a CHoCH and its downtrend. and if $BTC respect my POI we can see a bounce back and might create another HH. simple price analysis Be careful and trade wisely. always use stop loss and risk managment. Dont chase the...
I think that since it penetrated the support level, it can break the level and move down
Descending Triangle in a Downtrend (BEARISH) A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.
What's up everyone! 😃 The answer depends on many factors and we will be looking at a couple of different ones in the form of price acion patterns, indicators and reracements. ------------------------------------ Part 1: The Daily Chart; Channel life, the daily SMAs/EMAs and the trend's Fibonacci levels. - The Daily SMAs 50: 41.8k 100:...
BINANCE:BTCUSD Hello Friends My own analyses which I analyzed is BTC can still fall down. Because We can see a head and shoulder pattern in a weekly chart and a double top in 1day chart clearly check our my friends. My be BTC can fall again to 32k where the head and shoulder pattern started and a main support level. Still the uptrend haven't been started and it...
Bitcoin Prediction: The Future Of Bitcoin: Is Bitcoin (BTC) In Trouble? No! Situations across the globe ( rumours of wars, politics, frenemies of crypto) might be taking a toll on BTC but you can be rest assured: he who laugh last, laugh best! These 3 scenarioos indicated in my chart could play out pretty well - I can almost guarantee it? but Naaah! what...
Good evening everyone! 😃 Just a quick BTC update here on the 4h, or basically an update on my last idea which still is in play 👇: The rest is in the desciption and in the charts! I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. THANK...
Evening Everyone! 😃 As per usual for my posts later in the evening, i leave it all in the charts for you! 😃😴 As mentioned there also, this is solely one of many options that are possible, and only serves as an example for this bullish Cup & Handle Pattern ! I would like to add that this is only for educational purpose and in no way a guarantee that it will...
What's up Everyone! 😃 A quick one here I just wanted to point out that we are still holding the channel support on the BTCUSDT 4H which I was talking about yesterday 👇 In addition I wanted to point out the orange lines that represent local support/resistance which need to be broke to confirm short-term volaility into either direction. I would like to...
Good AfternoonEveryone! 😃 Here is my latest BTC update Video 🎞️: Here are the charts shown in the video: 4H: Weekly H&S: Weekly Falling Wedge: Monthly Channel: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks...
What's up Everyone! 😃 Bitcoin has been forming this channel on the 4h chart since the pump on January 24th. The most recent dump confirmed the bottom of the channel and we are once again looking at the the targets of 39k - 40k on the upside . If we manage to break above 40k our first targets would be 43k-44k representing the neckline of the latest dip and a...
Just a quick one, main focus is on the Evening star pattern, support if we can hold support is about 37.5k-37k and bounce to 40k hopefully. Rest of the path and targets make more sense in my previous posts and video below: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of...
Good morning everyone! 🌞 Short and simple, just wanted to post quickly and get some more sleep. First target is 38k-40k region. If we get rejected at the previous resistance of 37.5k we could go down to the lower support levels again, or even lower to the 31k-29k region. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or...
Good morning everyone! 🌞 Here we see a more bullish scenario on the weekly BTCUSDT chart, and as always I try to keep it as simple as possible. Bitcoin dropped down to the 31k-29k area on a couple of ocasions in the past, but then bounced to new ATHs both times. That is the reason why this bullish bitcoin scenario predicts the bounce in that area once again,...
What's up everyone! 😃🖐 Today I wanted to give a more bullish outlook on the fututre for BTC & the cryptocurrency market. Find the individual charts here: - 1H: - Weekly (H&S): - Weekly (Falling Wedge): - Monthly: Thanks for stopping by, I hope you like my video, and if you did, please drop a like or comment, any feedback helps me to improve and puts...
A very nice setup on BTC daily timeframe. If the market will start to recover and we will see a break of a downtrend + a break out of the 0,764 FIB level, that would be a very solid setup (wouldn't buy in right now (wait for a setup) since I want to see what happens with S&P 500 tomorrow when markets open.)
What's up everyone! 😃 I wanted to share this pattern on the 4h BTCUSDT chart, that as you can see, i've tweeted about a couple of days ago already. This time I made the target area s more visible in the form of the grey boxes . The green and the red horizontal lines marked by arrows, are the confirmation areas that we need to break and confirm above before...