Hello, friends.
Markup adjusted.
We expect further price growth to 4300/4430, after which a strong correction may begin.
Locally recommends buying at 4000/4030 with a stop-loss of 3930 and a target of 4300.
The medium-term purchase level is at 3700.
We are looking at a prior support turn resistance. We should see BTC retracing a little towards the support of 3948 before going up re-testing the resistance again.
Possible short term reversal of BTCUSD. However we are looking at an immediate resistance at 3916. If BTC is able to break the resistance, next immediate resistance will be at 3948.
A sweet Symmetrical Triangle , inside that a small up channel is broken downwards.
In my point, the market may enter up to a range of 3730-3830. If the market will move more down then we'll update the chart ASAP.
For safety, use SL because there is a slightly very small chance of moving over $4K.
The price of bitcoin moves in a narrow range, forming a wave (b).
As before, we recommend looking at long positions from the level of 3950/3900/3850 with a stop loss of 3760.
Locally, you can dial a short position from the level of 4120 with a stop-loss at 4170 and a target of 3950.
Welcome crypto enthusiasts! I wish I had some brilliant market insight to share with you but I'm afraid what I am sharing here is probably more likely obvious to many already. Having said that though, I will share my opinions anyway.
Looking at the chart I have published you can see that Bitcoin is once again approaching a very important medium-term trend line. It...
We are doing Analysis of BTCUSD on 4 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
BTCUSD is on the long track again
as you can see that on the climbing above my blue (well known...)
trendline.
I didnt exspect that as first option, but it has happen.
I am still thinking that BTCUSD is a market where big players
do what they want to fishing up stopps here.
Please check these 3 bars i have marked
Price extensions in 4 Hours of more than:...
The BTC/USD pair is currently trading in an ascending trendline pattern. The pair tested the lower boundary of the uptrend pattern at 3700.0 during yesterday’s trading session.
Given that the bitcoin cryptocurrency is trading in an uptrend pattern, and the 100-and 200-hour SMAs is below the price level, it is likely that the pair will continue moving north until...
I would like to share my long term analysis with you.
I don't usually do the long term analysis for one simple reason. I do not like to analyse in a long-term perspective. Sure, in case we are not talking about investment or exceptional situations..
Nobody knows what exactly can happen in a week, month..
There are many factors which can affect the market...
Bitcoin retested all the levels during pretty healthy price building if may notice, therefore, seems promissing at this point.
We are in fron 4h MACD bullish crossover on B on Stoch RSI which pretty much bottomed at this instance and provides significant gain right after bullish crossing as STOCH RSI bending upwards.
During movement analysis which pretty much...
Hi,
perfect prediction, price hit first target 3925.5. Price crossed TL around 3872 (almost 50% o long green candle) and that was first aggressive point to go long. For now price will slow down a bit. Next moment to go long is around the corner.
Take a look previous published idea for more details.
Cheers,
Jim
Hi,
I just change chart to H1 where we can verily easy see all changes. Just like out analysis predict price reach another target – 4159.0.
In the last few candles we had divergence as well. That should give you more confidents in making decision. Also, price break trough upper border of brown channel and momentum is on extreme strength level.
We should expect...
As BTC is consolidating under the $4000 level and the on the 0.618 fib retracement, it is possibly forming a 3rd Lower high. If this is the came and we continue to consolidate before breaking to the downside of this daily pennant pattern. Then I believe we may be forming a new leg to the downside. Which would result in the $3200 region being met in the short term....
