looks like a text book 5 up channel extended wave 3 pattern with the target for wave 3 between the 786% of 2021 highs and as the 1.618 of the wave 1 fib extension.
CRYPTOCAP:BTC #BTC resistance at $30,282 as expected, unable to gain support $30,282. Too weak volume, RSI looks fine on 1D and 4H. Avoided follow thru to bearish close from Thursday on 1D.
CRYPTOCAP:BTC #BTC Back to $29,742 support following $31,372 test rejection. Ugly bearish wick on 4h yesterday with follow thru. $29,742-$31,372 range maintained with $29,742 being key support, 1D closed poorly bearish, expect resistance from $30,282. Watch given S/R
CRYPTOCAP:BTC #BTC Current 4h looking mighty good, approaching $31,010 resistance. Previous 4h closed good, 1D close also looking good. RSI at 54 on 4h, and 64 on 1d. Current 4h with good volume, expecting test. $30,623 awaiting test for support.
Bitcoin on weekly supply zone resistance, after rejecting from it the first time, obviously bitcoin is at the zone the second time, seeing the momentum weekly candle, Bitcoin might retrace 50% of the momentum candle. the possibility for bitcoin to take out the weekly supply zone(sell zone) is 50% compare to possibility for Bitcoin to retrace 50% of the momentum...
MIL:BTC #BTC as warned broke $31,010 support, back on $30,623 support with $31,010 resisting. 1d closed fine avoiding bearish engulfing. 1D and 4H RSI looks good, $31,372 needed as support to avoid fakeout.
CRYPTOCAP:BTC #BTC tested $31,372 as expected😎, resistance here is obvious. $31,010 support testing with bearish engulfing forming on current 4h and previous 4h close with bearish pin bar. Support $31,010 remains at risk, 1D followed thru to bullish pin bar from Sunday beautifully!
CRYPTOCAP:BTC #Bitcoin looking good on $30,623-$30,282 support area, RSI at 56, 1W closed fine. Daily closed very good, expect $31,372 retest if followed thru today.
➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern and Pullback is complete it. means price can rice to top of channel. 🌟 Bullish signals in the PRZ area are: - Dynamic Support -Broadening Wedge ⭐ Note if the Dynamic Support is broken downwards with the strength of Bearish candles from the bottom , this...
Hi, I see A very good Swing trade opportunity Risk Reward is very good Risk to reward is almost 7 times good luck every one
#BTC CRYPTOCAP:BTC Bullish engulfing on last 4h close, current 4h attempted to follow up but currently with a wick looking ugly. $31,010 resistance holding, $30,623 support testing. Less than 2h to close current 4h, must close above $31,010 to avoid $30,282 support test.
Bitcoin reached 30k resistance zone again, but, instead of up continuation, the coin is stalling and a reversal could be next. Considering the importance of the zone and the fact that BTC is by far out of the woods, we could see a continuation of the downtrend in the next months. My first bearish target is the support trend line of the recent channel, but, as I...
CRYPTOCAP:BTC #BTC Given support at $30,282 remains in effect, good attempt on $31,010 yesterday but failed, last 4h closed poorly. 1D closed with bullish engulfing but current daily not looking good with 19h to close expecting good close if not a follow thru. Supports remain at risk.
CRYPTOCAP:BTC #BTC $30,282 support in effect, reattempted $31,010 yesterday. Last 4H close looks good, 1D closed bearish, $30,002-$30,282 support range testing. $30,623 initial resistance. Needs to take $31,611 support to ensure no fakeouts.
CRYPTOCAP:BTC #BTC struggle at $30,282 resistance, $29,742 support holding, given key support and resistance remains effective.
CRYPTOCAP:BTC #BTC $30,623 resistance holding, $29,742 short term key support. $29,199 key support to watch. On 1D bullish engulfing from Monday followed thru great with daily closing bullish yesterday. First Reattempt at $30,623-$31,010 since April, $31,611 next key resistance.
Showing a clear break of major support and resistance. Take out the highs of $31,000 and we likely going straight rocket to $40K
CRYPTOCAP:BTC #BTC $26,650 resistance holding strong, $26,333 saved against bearish engulfing on 4h, over 24h of struggle between $26,650-$26,333. $26,963 support needed. Watch given S/R