I am waiting a confirmation to try a short trade on BTC. I think the price could retrace the support area at $67.500 if it will broke down the H4 trendline.
Bearish Divergence on the 4h. I'm really curious how it is going to pen out during the Eastern Bank holidays without ETF inflows.
UPDATE: Head and shoulder patterns continue. BTC is following a 1hr trend (blue lines). Pay attention to the lower high BTC is about to create. The USD markets are on a holiday break, if the USD news is bullish for GoodFriday then BTC will continue to drop. ***Fed Powell is speaking as well. This could be the start of the biggest pullback in BTC History. I am...
Possible long/buy opportunity on weekly time frame, incase there is a pullback. The area highlighted offers a great opportunity to add, enter or buy.
I am thrilled to share some exciting news with you all - Bitcoin is on the brink of breaking through the $7200 resistance level! This is a significant milestone for the cryptocurrency market and could potentially signal a major bullish trend for Bitcoin. As we all know, Bitcoin has been trading in a wide range for the past few weeks, but recent price action...
I found an old post, very interesting author.... who made a post back at where 3 mountains are drawn with the caption "it so begins" and the numbers 45, 76, 8 9 10 11 12 13 if you turn it over and add. The first peak is 54, the second is 67, the third is (if you give these numbers 63, that is, 36), (if according to the alphabet 56 or 65) most likely, the...
Bitcoin’s (BTC) upward momentum has shown a significant decline for the past two weeks or so. This development led to a bearish signal on the weekly and an uncertain outlook on the monthly. As a result, BTC might not be clear of potential sell-offs. Bitcoin’s weekly chart showed a bearish Swing Failure Pattern (SFP) confirmed on March 17. This technical...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. The one was a correction, and the...
#BITCOIN WEEKLY TIME FRAME TECHNICAL ANALYSIS🔔 After breaking the previous all-time high, which was $69,028 and achieving a new high of $73,773. Currently trending above the strong support zone of $64,500 to $66,300, technically it’s a very strong support zone. Today is the weekly closing, and Bitcoin must maintain its position above the mentioned support zone. ...
#BTC/USDT Update 📊 It appears that after breaking out of the recent channel, Bitcoin has formed a bullish flag pattern, which has already been breached. This suggests a bullish sentiment. 📈 🎯 1st Target - $73,000 🎯 2nd Target - $77,000 🎯 3rd Target - $79,000 🎯 4th Target - $82,000 Invalidation below $62,000.❌
forming a cup and handle pattern , let's go to the new ATH!
An idea suggesting that the price will triple top and pull back creating a larger inverted H&S pattern along the upward channel. I have shown this with the bars pattern tool. Very Bullish Time. Daily Chart.
BINANCE:BTCUSDT 🔎As we expected in the previous analysis, Bitcoin hit the first target and broke into the cheap area in the weekly time frame, and we had a return, but this is not enough to continue Bitcoin's movement . 🔑 At this time, it needs a daily candle above 68,241 with close 🔻 on the other hand , as you can see, Bitcoin has changed its 4h time...
As a seasoned financial expert, I am compelled to explore the evolving landscape of cryptocurrency, particularly Bitcoin, and its impact on the global financial system. In this analysis, I aim to shed light on the multifaceted nature of Bitcoin and its implications for investors and financial markets. Bitcoin, often hailed as digital gold, has emerged as a...
Impulse moves are evident once again in the BTC market, with buyers currently dominating. Through pattern analysis, a symmetrical triangle formation has been identified, indicating the potential for bullish continuation. The projected target of the pattern is set at 76000. For current support, levels are identified at 69000 - 68500, serving as a buying zone. It's...
Bitcoin, often hailed as digital gold, continues to redefine the landscape of finance, ushering in an era of decentralization, innovation, and financial sovereignty. Since its inception in 2009, Bitcoin has captivated the imagination of individuals and institutions worldwide, challenging traditional notions of money and value. At its core, Bitcoin operates on a...
Bitcoin (BTC), the digital currency sensation, has become a focal point in the realm of finance, captivating both investors and financial experts with its disruptive potential and volatility. As a financial expert, analyzing the intricacies of BTC offers unique insights into market trends and investment strategies. BTC's rise to prominence stems from its...
BTC has broken the previous swing high, will be looking at a long trade/Buy from these two bullish zones.