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...
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.
This video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. ...
#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to...
Bitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for...
This is a full video explanation of my previous post. #BTC has encountered substantial resistance at both weekly and monthly (1W/1M) timeframes. The 4-hour (4H) chart reveals sideways price action and a formation of a lower high, indicating potential bearish pressure. Expect a retracement targeting the 61.8% - 78.6% Fibonacci zone, derived from a significant...
Recently, Bitcoin has experienced a period of consolidation within a specific price range, punctuated by occasional spikes that have targeted liquidity. In the video, we analyze the daily time frame to gain insight into the broader context. We examine the market's trend, structure, and price action, exploring a potential trade opportunity. It's important to note...
After BTC Hit 30.2 it found the support and bounced back to 31K and its trying to hold it.We could see a Violent wick to high 31K ( around 31.8) or 32K. Also a possible relong could be around ~30600 Thanks for watching
*** DISCLAIMER No Financial Advice *** Bitcoin can go as low as 25K today it's important to note that technical analysis and patterns suggests an imminent correction before the next leg up when we reach 25K then we decide the next level but IMHO 20K is comin slowly but surely and more lows will follow after that Thanks for watching Please support the channel...
BTC New Pattern that we want to pay more attention to anything else is the new rising broadening wedge obviously we havent seen ANY lows for a long time , maybe we see it after reaching new highs 31K or we start the new Low process since SPX is giving bearish signals Thanks for watching
Bitcoin\1H After a V shape recovery (Performing a stop/loss hunt) we could retrace up around 24190 with a wick up to 24.4 and then continues down to around 20K where is a CME GAP Please Follow,Boost,Comment if you find it informative. Thanks for watching
BTC/3H we finished the previous triangle, did swept the high touching (25.2) then we swept the lows 23.8 then we came back to the bottom of the previous range. Please Follow,comment,boost if u find it informative. it really motivates me to do more! Bulls are slowly losing their power but if we manage to touch 25.2 two more times we could break up on the 4th...
After bitcoin exited the rising broadening wedge we bounced from top of the left shoulder(light yellow line) and is doing a rising wedge right now which might endup in the right shoulder if we wick up then leg down another 8 to 13 percent. In the video I also mentioned liquidition clusters and where people get liquidated THE MOST.also high leverage positions been...
$BTC price action has been bound between $40,000 and $34,000 for most of the last 28 days. The market structure seems clear for now although predicting anything about $BTC price is extremely tricky. It's a very volatile asset and has seen days when the price has ranged from $30,000 to $43,000 in a single day. In a sideways range bound market, there are always...
Bitcoin (BTCUSDT) Bitcoin broke out of the W bottom yesterday, and is now retesting the neckline of the breakout at 36.5K. It's a bit bearish that price closed below this neckline, but we need to see if price can close above the 36.5K level. If price moves lower, we have the 61.8 Fib @ 35.6K Ethereum (ETHUSDT) Ethereum had a nice 10% rally after breaking out...