BTC / USDT BTC succeeds to breakout the resistance of 32k (monthly resistance) yesterday first time since may 2022! We can see also a successful breakout retest what does that mean ? – The 30k to 32k level should act now as support /buy area until broken for the next pump toward 40k region ! – NOTE : The price has filled the CME GAP at 35k There is...
BTC Update: The daily close on BTC was below $30k which created a doubtful situation to re-analyze the chart. This time, let us analyze the BTC chart in an hourly timeframe to get a short-term view. In this chart, we can clearly notice that BTC is following the rising wedge pattern. If BTC has to drop then we can expect it to reach the pocket support (shown in...
⚫️ We should always look for reversal patterns at the bottom and ceiling of ascending or descending trends. Here, Bitcoin failed to form a lower bottom, on the other hand, there is a possibility of forming a twin bottom pattern. 🔴 It is too early to comment on this pattern, but the possibility of a one percent growth for Bitcoin is not far from expected, and...
As you can see, an important break has been made, so there is a possibility of a pullback for a further drop. It is possible that Polback to 🔵 An important area that 🔴 is a static resistance and also to the 4 hour channel floor and also to Have an hourly channel midline And the two moves ahead 🔵 growth up to 5% Drop up to 5% May happen..... But which one is...
Bitcoin looks lost in this area with nothing much other than a tap of the $25600 FVG looks likely, we might push up to the $26930 area first to tap into that FVG left from the fall yesterday but other than some good news the CPI and FED announcement could send this down fast if bad news is posted!
Today's news is very important, this news can cause more growth of Bitcoin, so if the news is positive, this analysis will be invalidated. But according to the technical analysis, there is a possibility of more return and fall for Bitcoin. This return may happen in the 4-hour time frame, but there is still hope for a return in the daily time frame because the...
Yesterday I discussed $28k being a resistance target on this move up, and today BTC had a strong rejection at this price level. I think BTC is currently forming a dead cat bounce, and I see the price trending down lower. I see the light blue trend line as a price target, but there will likely be bounces at the white support zone before dropping lower.
I believe we are in Bullseason and Bitcoin is going to see targets of at least 92K this cycle top. Be sure to have an exit strategy if you are invested. Not financial advice.
Yesterday's analysis remains valid. In today's analysis, which you can see in the hourly time, the possibility of growth is stronger. On the other hand, three support ranges have been identified, the most important of which is 27,200. Let's not forget that in an upward trend we are not always with the upward trend. Therefore, the possibility of the price falling...
MIL:BTC update We need to have patient what #bitcoin has planned for us. I expect #btc bouncing around BSL or September high On LTF there is a scalp possibility, waiting for the 5th wave 🐨 Keep in mind there are 2 small #CME gaps beneath for later to be filled #trading #BTC
Is this a growth and failure fic? Has Bitcoin entered an uptrend? So far, the analysis that we presented 11 days ago has been implemented exactly. But the failure of this downward trend has not yet been established, so there is still a possibility of falling. The stabilization of this failure should happen after the green range, so it is better not to rush. If...
Hello 🐋 based on the chart, the price is close to channel resistance ✔️📚 main target is more correction to the downside, at least close to 24k is our main target ❌🧨 and range candlesticks to the upside and downside before any other sharp movement is logical 📖 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Cheaper price to buy BITCOIN. You can still have the opportunity to buy bitcoin at the price of $20,000. The EMA 200 line has crossed up, there is a back point to test the EMA200.
BTC turned from a bearish to bullish trend and looks good to take long in 15 min
Bitcoin is close to its ceiling in the daily time, there is still a possibility of a 3-5% growth for Bitcoin, but in the 4 hours time, we have a corner pattern that coincides with the ceiling of the channel in the daily time. Of course, there are still no signs of falling, but according to the aforementioned analysis, the possibility of falling for Bitcoin is not...
According to the analysis of Bitcoin, we are witnessing the decline of this digital currency. After breaking our support range, as we said, we are now facing Polk to this range, this growth can signal a sharper fall. Support and resistance ranges are examined in this analysis.
Divergence can be seen in Bitcoin, this means waiting for a drop, but nothing is certain in this market, these are just more possibilities. Reaching the ceiling of the channel, reaching static resistance, and negative divergence indicate a fall, but when will this fall stabilize? And on the other hand, is it possible to grow more? In this technical analysis of the...
After an unsuccessful attempt to break trend line and the resistance block 27500, the price of Bitcoin began to drop, following the stock market. This happened on the wave of negativity from the speech of Fed Chair Jerome Powell. Thus, the BTC price broke through the lower boundary of the parallel price channel and the dynamic support line EMA50 4H. In case of...