📊 When we examine the daily and 4-hour charts for BTC Bitcoin, it’s evident that BTC is currently in a strong bearish trend. The price has been consistently moving downward. I’m keeping an eye out for potential trade opportunities that align with a trend continuation strategy. In our video, we delve into essential aspects such as market structure, price action,...
CRYPTOCAP:BTC is in a rising symmetrical triangle pattern. This is a bullish pattern that usually breaks in an uptrend. We might touch the resistance at the EMA 100 before reversing to the upside, so be patient. The MACD is not reset yet, and the RSI is showing many divergences created by the unexpected selling pressure that could not be forecasted by the...
Bitcoin's price rallied sharply after United States Consumer Price Index (CPI) data came in lower than forecast. The CPI data was unchanged from last month, and the year-on-year figure of 3.3% showed a slowdown from the previous pace of 3.4% — both 0.1% lower than forecast. Bitcoin plummeted below the 20-day exponential moving average ($68,700) on June 11 but...
Plan 1 From this first resistance, we play a little and the blue movement is done Plan 2 We have Time News today and Green Plan Important note We have three important areas where I don't do a lot of shopping We are in a short-term downtrend If the important resistance areas are not broken, the yellow lines are in sight We have news It is a personal opinionPlan...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Double Top Pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " A " Corrective Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame
CRYPTOCAP:BTC #BTC Testing $67,716 support, broke below $68,546 support. Previous 1D closed bearish and currently forming bearish engulfing on current 1D, $66,961 support could be tested. Continue watching given S/R
BTC in the 2H timeframe shows good support at the current market price (CMP) where we have the 100 EMA. Additionally, the lower trendline indicates support at $67.7k. We have short-term resistance at SWB:69K , and if BTC breaks above the blue range, a price jump up to the local top of $71.9k is likely expected. Invalidation point: $67.7k. Do your own research...
No-need to hurry to enter the market until current futures contract expiration date on the 30th of May (vertical orange line). Also summer is usually not the best period for breakouts due to holiday season. Best-case: BTC price breaks through 69650 intraday resistance level confirming continuation of a short-term trend which started on the 1st of may (short...
He has not given any signal in the above time frame! He can collect the stops and then climb. It is better to be under the microscope for now
BTC has broken the $70k resistance as expected. Now, it is aiming for the previous ATH of $73.7k. Are we going to see a new ATH soon? I would possibly say yes, but for confirmation, BTC must hold the $70k support (previously resistance). This is exciting! Do your own research before investing. Regards, Team Dexter #BTC
Bitcoin is keep pumping as i was expecting in my previous idea. I think it will keep on pumping at least till the resistance area around $71.000. Here we could probably see a fast pullback around $65.000 again, but my main target for this year is above $75.000
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line S / R Level Break of Structure Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
The leading diagonal pattern is very similar to the ending one. It consists of five sub-waves, labeled 1-2-3-4-5. Its first wave is usually the longest, while the third wave cannot be the shortest among waves 1, 3 and 5, and waves 2 and 4 are always corrective. Waves 1 and 4 should overlap. There are, however, few notable exceptions. First, leading diagonals occur...
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
Somebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
CRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
4H TF reset, Daily TF resetting. Halving is almost upon us all. Are we gonna see 52k BTC at the Golden Pocket, only time will tell. For now it's bouncing off .386 fib. Scenario in charts. I'm till neutral