Hi fellow traders, we can still see one last wave lower on BTCUSD. Target the 25.5k area. After that we will wait for a huge long opportunity and avoid selling any further. Goodluck!
BTC has been consolidating in symmetrical triangle for last 1 month and still there is more room to consolidate further. Upon breakout and retest from triangle, Technical target of this pattern is $36,653 and upon breakdown and retest we can see the target of of $25,218. So right now BTC is ranging in purgatory. There was a wick down on 12th may towards $26,702...
BTC has a tendency to trap bears and bulls most of the times. So these kind of scenarios should be in your mind when trading. One thing is obvious that BTC will hit its previous ATH. but the more important question is how. I think BTC will break its current bearish trend but will move to another one. My scenario and targets are in the chart. Please like and...
Today is a painful, but still important day for the crypto market. Tonight, the price of BTCUSDT without special anomalous volumes updated the May minimum and now sets the current price minimum in 2022. At the same time, this fall completely filled the GAP $23,800-26650 , which reminding out of myself since the end of December 2020, the mission is complete....
BTC DAILY:- Still holding the necessary $28k support, the last hope for the bulls. Break below that level and BTC could reach as low as $19.4k considering the current pattern as a Big bear Flag. However, if BTC manages to break and close above the $28.8 k to $29.3k by the weekly closes we can expect some green weeks ahead. Firstly the $32k level needs to be taken...
Bitcoin and all other crypto currencies are falling hard and if we see on weekly chart expect BTC to fall around $19,953 by this week. Be very very careful as inflation is at the corner and its already proven that crypto is no more inflation proof and more heavy selling pressure will come in coming days and weeks.
Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in...
Btc next target 19800 btc in down trend .btc break daily and going to break weekly low . i post about btc when btc at 38000 i say we going to fill CME gaps and here we go we fill CME gape . now my target is 20k to 19k lets hope for the best #btc
Bitcoin dropped massively over the weekend as well as the whole crypto market. The main question is whether we are frontrunning the stock market (US indexes mainly) ahead of the FOMC or are we trailing the stock market? The latter means we are following the S&P500 instead of frontrunning it. The correlation with the SPX (S&P500) and the Nasdaq is the strongest...
Hello traders, Like I said in my previous update ‘the dip keeps on dipping’, well I guess we aren’t in the actual dip. BTC broke down the $28k support range which isn’t good at all. This is brutal for all the traders who went long on BTC and other altcoins and if it was on leverage then God saves them. All our past trades hit the SL and after that, I went to ‘No...
Im not sure what is to come. I can tell that there is room for this, i can tell that there is room for this to be crushed and taken over. Like electricity.. Like the web. Let's see.
Sells! The chart above you will see lines identifying different types of levels I see when the candle closes at the end of the month. If price does not brake the 1st key level this month there maybe some pullback or even a finished the downtrend momentum. After ECB (European Central Bank) president Christine Lagarde confirmed the Governing Council’s intention...
In 4H TF we seen a breakout on 30 May that has been retested multiple times. This time support is stronger. If bulls keep the support and bounce above $29,000 I'll look for long. Cmon Bulls send the Beast where it should be.
Bulls held 28k support level that gave 32k high; Next key resistance is 35k . NB: Patience + Risk management = Winning trades Trade safe! #Bitcoin #E2kclicks
Here is my view for BTCUSD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, here's an update on BTC. The market dropped and we saw some reds around the corner. BTC is exactly at the support ($29300) and to be bullish again, BTC must bounce back from this support. If BTC breaks down below this level then the only support level I can see is the $28k after which there's literally nothing. A bounce on the other hand will shoot...
Gotta make your assumption at best here, See if the 30 minute Support holds up over the weekend or we see a retest along the way to 28.154 for a new higher/lower low Flip side, maybe, we break the 31.5 over the weekend and make a push for the 32.8 resistance
Hello fellow traders! Haven't posted in a while, so here's my opinion of Bitcoins market state. I set a Fib starting from March 2020's low to April 2021's high. Bitcoin has retraced to the golden 618 ratio a few weeks ago, and given past history, there's usually a reverse in the market at this level. (At least that's what were all hoping for if you're in a long...