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.
BITCOIN Update:
BTC in a shorter timeframe is not pleasing to the eyes. This rejection indicates a drop close to $16k to $15.8k in the coming hours. If BTC gets back above the resistance level ($16.8k) then we can think of some positivity but until then I expect a further drop-down in the market. In a higher timeframe, BTC looks more bearish and we can expect it...
Everyone is asking the same question: When and where will Bitcoin find the bottom and where should I enter...?
To be able to answer this question at least a little bit, we present you the strategy "Buy low and sell high". This is actually the simplest strategy in investing, which is nevertheless done wrong by 95% of investors, because buying low and selling high...
Based on technical factors there is a Buy position in :
📊 BTCUSDT
🔵 Buy Now 16731.47
🧯 Stop loss 16505.00
🏹 Target 1 17044.00
🏹 Target 2 17488.00
🏹 Target 3 18256.00
💸RISK : 1%
We hope it is profitable for you ❤️
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#BTC UPDATE.
#BTC has been able to hold the blue box support on 4H TF and as soon as btc loses this support we are likely to see btc testing the purple box area .There is some bulish divergence on 4H Tf but since the market is so fishy we can not trust any kind of signals right now however if divergence comes into play we will see some pump in btc price.
Redistribution found on 30 minutes time frame pair Btcusdt (bitcoin)
bitcoin stucture is still bearish .
after confirmation of Utad
now price is on LPSY area
next moves of distribution SOW and LPSY test
then price move down in speeday wave ..
expecting Short
DYOR
NFA
-BTC is downtrend again on Daily and 4H timeframe.
-On 4H timeframe, The key level/ structural zone (16750) is also broken, then, price is now retesting it as a resistance
- On 1H timeframe, price has a potential double top which we can now enter for aggressive entry. But, if you are conservative and also want a higher probability entry you can wait for the...
#BTC UPDATE.
#BTC is currenty trading in ascending triangle on 1H TF and close below to the purple line would agin bring btc to test the 16krange .
👉🏼There are high chances that we are going to see yet another sharp move on 1H TF so be prepared for that also as there could be a flash btc move that could liquidate the positions.
Chrimas idea time!
Looks like downtrend is continuing and we may be near local top.
Good time to sell/short, imo.
Markets are kind of volatile right now.
I don't expect too many more bounces lower before a potential reversal, but we may even be waiting for a full reversal of the fed toward decreasing interest rates before any bull runs really begin.
I'm predicting...
#BTC DAILY UPDATE.
#BTc has broken below to the pink box support on daily and has become the resistance for btc on daily,if btc not able to close above the pink box area n daily we will mostly likely to see that btc will test the blue box support area on daily.
Hello folks, things went crazy with BTC and other altcoins recently. Here's a quick analysis of BTC in a daily timeframe.
The yellow-dotted resistance was spot on and we saw how clearly the price got rejected from the resistance level. BTC is currently trying to hold $16.7k where we may have a little support. This may turn out to be a strong one but doubtful....
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...
Hello guys, a quick update on BTC in a lower timeframe.
Recently, we saw a nice 9% jump in the market and after every jump a retracement is necessary. The current rejection from the resistance level looks okay to me and we can expect BTC to hold the $17.3k to $17k level and then another rally back to $18k. So far, BTC is maintaining the rising wedge pattern and...
#BTC UPDATE.
#BTC has now lost the trend line support and the trend line is acting as the resistance now,the pink area support is crucial as it the double bottom for btc and any move below this pink box area would lead into some more pullback .
The next move will be updated on our website so please do visit.
