Look like BTC is forming a Rising Wedge inside a Pink bearish channel. If BTC follows this case, we will have some safe days ahead
Although BTC is going sideway in Rising Wedge, but you all can see that I draw a Red Arrow, just breakout a little from rising wedge. Once BTC reachs 4200$ level again, I think BTC will have a big correction. First point to rebound : 3970$ Second point to rebound : 3775$ Of course, don't sell your Altcoins into USDT. That's a good time to use USDT part for buying...
Expect a retest at 3.6k if current resistance breaks. RIP to those that did x100 shorts.
Remember to always set your stop losses and invest in what you can afford. Don't get Bitconnected.
It it what it is mate.
Greetings from Benice team! Bitcoin's price increase impresses with its ability to appear and disappear at the most unpredictable moment, leaving only a smile or disappointment behind. Currently, the market has turned green, and this is good news. The current situation is as follows: The SEC postponed the decision on the ETF's fate for an indefinite period,...
What about a bounce from the top of the bearish trend line. would sound nice. Happy Tr4Ding !
short stop. hope it'll don't get exploded...
Calculated the time when it should drop. Will see.
Bearish momentum Bearish sinewave Top of the wave False breakout of the 1 hour break-target No volume Daily candle hit ichimoku kumo andgot rejected
Technical analysis: BITCOIN/TETHER is in a Range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 59. Trading suggestion: There is possibility of temporary retracement to suggested support zone (7875 to 6048), if so, traders can set orders based on Price Action and expect to...
are we going to test or break the old low, or are we going to break the resistance and are we going up (see my other trading idea below)
are we going to break through the resistance and start a new uptrend or is it a bull trap? or going down to test or break the old low (check my other trade idea below)