according to the chart, BTC is on the ascending trend line in 4H time frame. If BTC break the green area (order Blok) it can goes up and reach our targets. But if its brake down the trend line our Sell position will active, and we can reach our sell targets.
on the other hand, we have ascending Fibonacci channel support and resistance. Pay attention to those...
Hey guys, a quick update on BTC in 3 hours timeframe.
Currently, BTC is trying to push the price toward $17k after the drop. The only obstacle it is facing is the 21 MA at $16.6k.
Key points:
1. $17k expected.
2. 21 MA resistance at $16.6k.
3. Support at $16.5k.
Happy trading.
$BTC looks bullish in the short term, I am entering a short term scalp trade.
After this bounce from the falling wedge and after it at least reaches target 1, I am exiting the trade.
$BTC is currently very choppy and still in downtrend so longing is unsafe as we can fall down below $16k very easily.
My Targets:
TP1: $16,659
TP2: $16,800
My Stop loss:
STOP LOSS:...
I'll cover fibonacci, volume range, general trend, macro correlation coefficient and MA analyses.
This spread graph pins BTC against safe heaven assets, which include: Commodities (SP:SPGSCI), the U.S dollar (DXY/M2SL) and U.S Bonds (1/(TVC:US03Y+TVC:US02Y+TVC:US05Y+TVC:US10Y+TVC:US30Y)+1). Given representation of BTC's price accounts for various...
In our analysis, we found a number of data points.
There has been a 64% drop in bitcoin prices over the year, and 75% since November 2021 when prices reached all-time highs of $69,000.
It has been noted that the price has been forming a triangle with symmetry since last month during the consolidation period. Additionally, there have been multiple pullbacks and...
BTCUSD intraday trading alert
3 steps must fulfill before entry
1. 1st breakout done
2. Retracement done
3. 2nd breakout and see you in the home ⬇︎
More info in my profile..
Good luck traders..
#BTC UPDATE.
#BTC is still trading in the green box area with same red box resistance.Its been over 10 days now and btc not showing any kind of move here.This current range is not good to trade anyhow .Therefore,We will have to wait more until btc make any significant move as the chance of move could be either direction ,Will update if btc makes any moves to above...
I don't make the rules just hodl and keep the hopium alive.
I believe the bullrun will start towards the end of 2024 and last well into 2026.
After that it is going to crash to 0.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
BTCUSD 4 HOUR AND 1 HOUR Trade analysis.
It's going to drop first, Then SHOOT UPTO the 20,880 LEVEL.
To grab unfilled orders.
Educational Analysis says BTCUSD may go SHORT THEN GO LONG. According to my technical.
This is not an entry signal
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
THANK YOU FOR CONSIDERING MY TRADE ANALYSIS.
Hello guys, Dexter here with yet another update on BTC in 6 hours timeframe.
For the last 7 days, BTC has been moving slowly, forming small candles and one or two reds and greens in between. The price ranged between $16.4k to $16.9k which is okay and still doing well. This price range has been supporting BTC for quite some time and has recently created another...
#BTC UPDATE.
#BTC is still facing the red area as the resistance and not been able to close above on 4H TF.If btc close above the red box area there must be some recovery in the btc price but still need a close above the resistance for that.
#BTC UPATE.
#BTC is now trading in accumulation range where red box then the black line is the resistance.Since we got rejection from the red box area on daily is is most likely that we might see pullback again in btc ,however if btc closes above the red box resistance we are likely to see some upside move from here.
BTC did it dirty.
After the big red drop in BTC from $18.4k to $16.5k, it tried to hang in there but failed to hold it for a long. These two red candles created a panic scenario and many thought that BTC is going down for $15k once again but who would have thought that a big green candle is waiting for next door? LOL! BTC went right above the resistance (which...
#BTC UPDATE.
#BTC is facing resistance at the 20 SMA on BB band ,if btc closes above the 20SMA the black line is the next major resistance for with blue box as the support on daily.We still do not have a clear btc move ahead as btc seems to be trading in accumulation range but the chances of the flash move are still high.
#BTC UPDATE.
#BTC is currently trading just outside the BB and the BB window is about 2%,therefore I do expect a sharp move soon.The next move could be either direction and likely to be huge about 5-10%.Will update son on any new btc info.
