Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Break of Structure
Divergence
Symmetrical Triangle
Bullish Channel in LTF as an Corrective Pattern
Completed " 1234 " Impulsive Wave
Breakout the S / R Level
Higher Low RSI Set Up on BTC .
We have to visit an area that we climbed too fast. I believe it will occur at RSI when we will visit.
Rsi going lower when price going higher is a bullish set-up.
Price can move up without putting any lower low when this happens.
I believe 27.500 then 29000 will come.
$BTC - Are you ready?
BTC is breaking out! Let's see if we stay elevated at these levels we could be going back towards 30k areas!
However, 20k & 25k are key resistance area. Pattern wise we are bullish as long as we are above 18.5k
Enjoy,
Trade Journal
The situation in the cryptocurrency market is interesting, as the whole world is watching with fear how American banks are "cracking" - the BTCUSDT price is growing rapidly, and these altcoins are trying to keep up.
We described our main scenario of BTCUSDT price movement and the calendar of "important events" until April 2023 here:
Today we want to share...
I think it doesn't need to be explained!!
Bitcoin price in continuation of the weekly upward trend, the price hits the monthly resistance zone.
BINANCE:BTCUSDT INDEX:BTCUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these...
Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below...
Bitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance.
On the other hand, it was very good that the cme chat was also filled.
If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I...
The trading plan for BTCUSDT for the weekend presented today fits perfectly with the concept we presented a week ago on a larger timeframe.
Looking at the chart, we see signs that buyers are weakening. If they fail to fix the price above $24,000 in the coming hours, it will only be another confirmation of our assumptions.
As a result, we expect a zigzagging...
I may be wrong but my opinion is that if bitcoin is to really start a bull run, it needs to claim the $18k era before the $21k era has $16 billion in liquidity. Can be any time field. On the other hand, if there is a strong breakout, which is the $25000 area, Bitcoin must give at least one daily candle close, and then there will be an upward move. Currently,...
Lads please pay attention! This 10 year old support trendline turned into a resistance in November 2022. Approach with extreme care! But bare in mind that this is crypto and it could get blasted through with vengeance.
BTCUSD Short Term View is given
Entry is on 24,853
SL is at 25,243
Target is at 23,865
This view is based on pure technical analysis and is for educational purpose only.
Bitcoin is facing heavy resistance which is coming from two sources:
One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction.
Why is this...
Today, we will try to draw up a trading plan for the BTCUSDT pair and the cryptocurrency market in general for the current week.
After BTCUSDT hit a new high last week, sellers tried to push the price down. As a result, the price dropped quite sharply from $25250 to $23350.
The weekend has passed, and it looks like buyers are not planning to give up.
It is...
Pair : BTC ( Bitcoin )
Description :
Break of Structure and Making its Retracement till its Daily Resistance Level
Divergence
Completed " 123 " Impulsive Wave and making Correction for the " 4th " Impulsive Wave
Impulse Correction Impulse
It can Reject from the Current Level or it can Go till the Daily S / R Level
After many struggles, BINANCE:BTCUSDT (Bitcoin) was able to start a green jump with very good candles.
Goals ahead :
** First - 25,000 is a strong resistance.
** Second - If 25,000 is broken and stabilized, it will have the ability to reach 30,000 .
Simple is better than complicated
Maybe This Way ...
