BTC /USD bulls remain focused on upside retracement levels and areas of potential technical resistance including the 67146, 68515, 69449, 71974, and 73245 areas. Following the pair’s recent gains, downside retracement levels and areas of potential technical support include the 63784, 61796, 60189, 58581, 56593, 57627, and 56293 levels. Traders are observing that...
BTC make a H&S pattern on 4H and now breakout to downside measure is approximately 10% to red line /support.. but there is also a golden pocket like potencial support also.. and we se now is making potencial bull flag pattern where can be successful because RSI and Stoch are in oversold area.. lets see how 4h close.. cheers
Hello friends,
I m not a pro, just sharing my view. I can go wrong, so please #DYOR.
So, we have started this bull run from $3100. A rally to $13000 was wave 1 then price dropped to 5300$ formed Wave 2.
Wave 3 to 64000 and wave 4 ended at $29000 range.
So now we are in Wave 5.
Wave 1 ==> 13000
Wave 2 ==> 5300
Wave 3 ==> 64000
Wave 4 ==> 29000
Wave 5 ==>...
Welcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Btc/usdt analysis is this tradline is very important and last two time is bounce this tradline and support level $59800
And resistance $62080
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your...
Bitcoin (BTC/USD) awaited fresh market sentiment early in the Asian session as the pair traded as high as the 63126.16 level during the European session after trading as low as the 62183.72 level during the Asian session. Traders lifted BTC/USD as high as the 63726.58 area during yesterday’s North American session, representing a test of the 38.2% retracement of...
Hello everyone, If like the idea, BTCUSD downtrend after Break bull bullish candle so that resistance Area by the Sell it is short time frame.
Please don't forget to FOLLOW , LIKE and COMMENT .
If you like my analysis.
Thank you and Good Luck!
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
This morning the price of BTCUSDT reached $62998 than fulfilled the expected target for growth from our previous idea.
However we wanted to see this growth after minimal correction, but it was not given, the buyers showed that they have enough forces for growth and they...
After the recent all-time high at 67k, as normal, BtcUsd corrected and has found strong support in the 60k zone.
This correction seems over and bulls are in control
As long as the price is above 60k, I favour long positions with 70k as a target
As normal, after the strong run-up from 48 to 55k, Bitcoin corrected.
However, the correction was "light" and didn't even touched 43k support, reversed from above, indicating that bulls are very impatient and giving us a strong buy signal.
At this moment, BtcUsd is trading back above 55k and I believe we will have a new strong run to the upside.
The first target...
I was looking on Weekly, Daily, 4Hour charts to see this. On weekly we have a rejection from previous high with a hammer candle that closed below the previous high of April 2021. That being said, I'm looking for short trades on longer time frame.
- On the Daily chart we are in a pullback with MACD crossing below the signal line on 23rd of October.
- On 4hours...
Today the price of BTCUSDT is at a critical point, where it will be decided the future movement of Bitcoin price for the coming weeks.
To understand the logic of our thoughts in the analysis, we recommend seeing our previous idea of the BTCUSD pair
Today we caught ourselves thinking that a month has passed since we last wrote a review for the BTCUSDT pair.
How’s that? Bitcoin is the engine of progress) It is, but with BTC everything is simple: you understand what the price movement vector is, and you are working with the trend. Trend is my friend , so do traders with many years of experience teach?
Since...
Hello,
The negative background in the cryptocurrency market does not disappear, and the mood of traders has largely changed to bearish, the hope for an upward rebound is disappearing ...
Three months ago, we started warning about the possibility of such a scenario on the BTCUSDT chart, predicting the movement along the fractal.
...
