The turmoil of Bitcoin is indeed a torture. Whether it is time or space, this is a long -term game. For those who see many people, they can only wait patiently for the second outbreak. It is recommended to buy this position at a price of 27,400, control the risk of 26,800 and the target 29200 ~ 31600
The picture above is the daily chart of Bitcoin
Bitcoin...
Hello, Crypto Traders.
Here's an important update on BTC that you don't want to miss out on. In this update, I am going to talk about the bear market, the upcoming rally, and the possibility of $100k. So, read this update till the end.
1. Are we done with the bear market?
So far, BTC has managed to bounce back from the $15K supporting trendline and has...
well, this is the latest updated analysis of bitcoin and I think it is the 5th wave of a 1st bigger wave.
there is an other situation but if its going to happen I will tell you.
so from 29 untill 33 you can save your profits, if it touchs 33 I will sell all of my bitcoins.
Analysis:
- Trend Line
- Fibonacci Retracement
- Support & Resistance
Opinion:
This pullback should create a higher low which will then lead to a higher high...
Accumulating BTC under $20k is not a bad idea as the bull run will commence in the next 1-2 years!
Look at the reaction to the levels, everything seems possible and it can be pulled below 10000, the fundamental factors are created and found by themselves. This is just a pessimistic opinion and it might not happen at all.
Bitcoin legdown around 5% and bounced back from the yellow support line which it touched before ( on the first dump)
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Usually a Friday dump into weekend does not tell me a real move , meaning this could be retraced and even go higher but if it loses 22K more downside is way more possible than up side.
The...
Following bitcoin support and resistance lines.
Entry:
$22,250 - $22,300
Take Profit 1:
$23,000
Take Profit 2:
$23,100
Stop Loss:
$21,800
Enjoy my free analysis.
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Success trading!
Cheers uNickTrading
I think that if Price break out the line downside it will be bullish for the market
or if its break out from upside , we should pay attention to our Orders .
Hi Guys! I love everything TA, currently its just a hobby but im using these posts to express my thoughts and solidify what ive learnt thus far. So this is not financial advice by any means, its just to challenge MY VIEWS on the status quo of whether or not we are ina bull market or bear market.
Alot of my previous charts whether BTC or other asset, in my opinion...
BTCUSD made a great dump for several months until it reaches the 17689.13 support zone area. Weeks passed this dump momentum has lost it run and made a beautiful uptrend movement making the buyers taking advantage of the uptrend momentum which clearly made a higher highs and higher lows. It will reach the 21500 area of resistance it is probable that it will break...
BTCUSD breaks significant resistance at $45800 and hits a multi-week high on upbeat market sentiment.
Primary supply zone -$50000. The breach above confirms minor bullishness. A jump to the next level of $52000/$55000 is possible.
TP of $52000.
BTCUSD, 15m Buy
Entry - 47950.05
Stop Loss - 47650.05 (30 pips)
Take Profit - 49150.05 (120 pips)
it looks like it's trying to get out of the descending triangle.. lets see if broke the resistance at 48400 will test next up to 49000s
BTCUSD Bullish Scenario
30,399.92 is my strongest support
since January2021, It has been touch multiple
in just a month before bursting up.
28,798.34 level is my next support,
its the lowest wick of January 2021 before bursting up
27,737.88 is my final target before this
BULLISH SCENARIO HAPPEN
my target would be 42,243.87 For this month
Bitcoin (BTC)...
Hi Traders,
Bitcoin decline from $64854 high unfolded as a classic Elliott Wave impulse pattern, labeled (i)-(ii)-(iii)-(iv)-(v).
Wave (iii) is the longest of the three impulse waves, wave (ii) is a sharp zigzag correction, and wave (iv) is a sideways double-three correction.
According to Elliott Wave theory, a three-wave correction in the opposite direction...
