BTCUSD look for sell opportunities.it has formed double top an inductor for bears
A large supercycle wave is composed of smaller supercycle waves. Each supercycle wave consists of multiple cycle waves. A cycle wave is made up of primary waves. Primary waves are formed by intermediate waves. Intermediate waves are composed of minor waves. Minor waves are made up of minute waves. Minute waves are composed of minuette waves. Minuette waves are...
Bitcoin, the pioneer cryptocurrency, continues to reshape the financial landscape, attracting attention from investors and analysts worldwide. Here, we provide insights into Bitcoin's current dynamics through the perspective of a financial expert. Bitcoin's Origin: Emerging in the aftermath of the 2008 financial crisis, Bitcoin represents a departure from...
Examining Bitcoin (BTC), this analysis identifies a potential short-term long trade. We'll be deconstructing the current price trend, meticulously evaluating recent price action, gauging market forces, and targeting a potential entry point aligned with favorable technical indicators (further details provided in the video). However, I cannot emphasize enough the...
Exactly, when the Exponential Moving Average (EMA) is trending upwards, it indicates a short-term uptrend in prices. However, if the Simple Moving Average (SMA) is trending downwards, the long-term trend may be bearish. When the SMA crosses above the EMA, this could be a sign of a reversal in price trends.
CRYPTOCAP:BTC Update April 8 W week's candlestick chart closes the pinbar candle, withdraws its whiskers, and scans the liquidity of last week's candlestick, showing that the buying force at the 64k area was well supported by buyers and is likely to push the price further. The chart of the D day frame has closed the candle above the IFVG zone, showing...
CRYPTOCAP:BTC #BTC $71,379 tested as expected! Trying to hold support at $71,379, RSI on 4H and 1D suggests it could drop below $71,379 unless maintains volume here and heads towards $73,523 test (latest ATH area), 11 Days from halving, Current 4h 25 minutes from close and forming bullish pin bar, let's hope it can remain bullish on close. $68,543 Key support...
BTC has made HH, expecting the price to retrace to one of the bullish zones and bounce.
Expired BTC.USD Weekly outlook. 1st WK APR 2024 > BULLISH 📈 CORRECT Closed Price: 69,904 Target Price: 71,667 | Strike Price: 72,370 APR.8 24' Upper Range: 75,739 Lower Range: 67,594
CRYPTOCAP:BTC #BTC Tested $66,961 on Friday as expected, revisiting key support at $66,323. Finally above $68,546 on 3rd attempt, $69,813 testing. Bullish engulfing on last 1D close and RSI also looking good on 1D, expect $71,379 test if followed thru, $68,546 support yet to be tested, it will be key support if held.
After hitting the bearish target as per the previous analysis, BTC retraced slightly to form a large triangle pattern. We hope that this triangle support can withstand the selling pressure, and if successful, the next bullish target is the triangle resistance level at 70920.34. However, if this pattern is broken down, I will provide a new analysis.
Bitcoin's swift resurgence comes as no surprise, given the impressive speed observed across various timeframes where the price surged relentlessly, rendering trend lines seemingly impossible to draw. The target for price speculators this week is to surpass the resistance around the $70,800 mark to sustain the upward trend in the medium and long term. Potential...
64k to 67k range held. WE will see the 80k area likely by end of next week. Without that retest we wouldn't have the security of being able to bounce at a 58k low to continue a trade season in case of a dump. Smooth riding this April. Please your bet on your fave forgotten alt. Eyes on GRT, ANKR, and REN. Follow, Boost, and Comment for more Signals. Best...
BTC has formed a bearish shark and continued its bearish trend, in the previous analysis I advised to retest the long position and now it is time to short and support around 64,000 and 62,000 levels.
CRYPTOCAP:BTC #BTC nice getting back above $66,323, currently testing resistance at $68,546 required to reattempt at $71,379. previous 4h close failed to follow up to bullish pin bar, $66,961 could be tested if followed thru on previous 4h bearish close. RSI on 1D looks good, just needs a bit of a push to breakout, so close! Watch given S/R
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Consolidation Phase in Long Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence
In the realm of digital finance, Bitcoin stands as an enigmatic force, captivating minds and reshaping economies. Its genesis marked a revolutionary departure from traditional currency systems, heralding the dawn of decentralization. As the world grapples with economic uncertainties, Bitcoin emerges as a beacon of financial sovereignty, transcending borders and...
BTC ~ 1H 📉 #BTC I hate to say this, But this is the truth. we found a Bear Pattern at a smaller time. Let's see how this pattern works in a shorter time. This is only for a smaller time period, in the long term, we are still Bullish.