It seems to me that Bitcoin wants to retest the bottom of the channel. Although we are in a rising channel and the trend is ascending, I want to take a short position here because the risk-reward is not bad. After that, at 27,000 or slightly higher, if I see confirmation, I will open a long position up to the top of the rising channel.
In daily TimeFrame, we had a falling wedge pattern that reached its target at the blue point as I expected but now what is the next move? I think we have a rising channel here and we are near the bottom of this channel. we have two scenarios here, the green and the red. (don't forget this, often time rising channel break from the bottom, and on the contrary...
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BTC/USDT (timeframe 4H) There's a breakout occured from the descending broadening wedge or descending trend line in which it is most likely for bitcoin to move to the upside probably would be expecting this type of.move as drawn in the chart. See for yourself. Failing attempt might cause harsh dump, but recently in our YTB we showed some bullish signs according...
As you can see we have descending trendline in 1-hour time frame I'm staying to see descending trendline will break or not. If descending trendline break I will open a long position else I'm waiting to lose the support zone for a short position.
BTC Breakdown bullish trend line after can't breakout key resistance We've to wait closing candle daily for confirm BTC breakdown or rejection on upline trendline Key support zone on $33k-34k if BTC breakdown We will going to $28k-$29k
BTC is at support around 41.4k, trend line as long setup.
BTC-today Disclaimer: The information provided is based on our experience and the data provided by the coin. You are responsible for your own research and investment. BTC has followed route A, as we have discussed in previous analyzes (BTC shows recovery with route A). But, we see how the exponential averages continue to fall, that gives more probability that...
Disclaimer: The information provided is based on our experience and the data provided by the coin. You are responsible for your own research and investment. BTC is still in an uptrend, even so we could have a retracement in the price as we see in the graph, this retracement could be between 52k-58k. The purple line and the green line are two possible behaviors of...
So, the decreasing volume in BTC Daily Chart, RSI having bearish divergence played REALLY FAST but we have the major support levels marked. Here is the detailed analysis of BTC I did on August 21, 2021: Also in this chart below: We can see a broadening wedge type of pattern which is neutral pattern but we see where the wedge breaks out. In this...
👋Hello Traders! Yesterday (09/07/2021) we had a cryptocurrency stream (ru.tradingview.com), where I analyzed BTC for this trading week. BTC has achieved all of its goals today. 📈BTCUSD passed the level of $50,560 and due to the D1 divergence (09/07/2021) rushed down and reached the two closest levels of $47,500 and $43,500. We expect BTC will continue falling to...
Finally BTC has bounced from 29278 and is close to the resistance level of 35000 - 36000. The movement was quite predictable, as we wrote it before. BTC continued to move in its "profit channel". This week BTC has touched the bottom at the end of the week and we can see a good speculating effect of holidays. But it is early for BTC to go higher. If this bottom...
BTC seems to be quite predictable last weeks. The reason is H1 channel, that shows us flatting downtrend of BTC. As we expected the bounce from the support zones yesterday, there is an idea that the price can move down again. If that happens, we can see BTC retesting 31000 - 30000 zones with a new bounce effort. If buyers continue to show the interest, there...
BTC is still moving in the local flat zone. It couldn't brake through the level of 35000. Too much sellers appear in this zone. Some more FUD from China is also pulling BTC down today. So what do we have and what to expect soon? Technically, we can see that BTC has braked both H1 and H4 downtrend lines few times. So here we can speak about an effort to build a...
Plain and Simple Bitcoin Daily Analysis - 3/18/21 - BTCUSDT Yesterday, price actions followed precisely my prediction for a rise around the 59K level. Today nothing big is happening for now in terms of fundamentals. Just the perspective of a coming week-end. Now week-ends is where things happen... bullish things. High Vix, positive MACD, but high RSI is...
BTC has chosen the Correction Path with a nice Reversed Cup & Handle Pattern Leading to a Short To Mid-Term Correction #BTC will land on 33K Level on Short Term Then 30K In Mid-Term Altough,the only way that if it happens it leads to expand the correction to Mid-term is that the major support level on 33k gets broken hardly. #possible Long Scalping Setup On...
bitcoin is going down to the next support line $32000 If the support break, we can see lower soon
Signs of rejection of this area indicate that big players do not want prices to break out of the $ 10,000 resistance to continue gathering goods ?