Hello, members and welcome to this BTC /USDT quick chart analysis. As I mentioned in my previous chart nothing much to watch on this daily time frame, BTC is still trading near the support label which is $28.7k. and fib Retracement Zone $28.7k and Resistance Label $35k.$40.8k.$47.3k. This is not a piece of financial advice. Then, hit the like button and share...
Market is giving mix signal currently at a very good support zone above 125ma if it falls we can see a draw down till ~22500 around 200W ma, but anything below 125 ma is massive buy opportunity. I hope it should hold my 0.236 curve and close above 25500 and expecting to see a move above from June 6th. where first target will be 34500, t2-40000, t3- 45800, if it...
BTC has been going according to plan as per the usual market cycles revolving around BTC halvenings. If you notice the BTC market cycle bottoms are locked in 65 weeks before the next BTC halvening which we are heading towards at the moment. Market Cycles peaks occur within 75 weeks AFTER the BTC halvening. I am expecting that BTC has put in the bottom AND...
Good evening all! We're here talking about BTC again, since we spoke last, there has been a lot happening! Let us know your thoughts down below!
Hey guys, Here is a quick update on BTC in an hourly timeframe. We saw some dump coming in after the weekly close which was above the support level as expected. In this hourly timeframe, BTC made a support level and we can clearly see how perfectly it is bouncing back but will it sustain? Or will it get rejected from the 21 hourly MA which is a good resistance...
🧵 Trading Session // Bitcoin Master Trading Plan: Most traders who fail do not have a clear plan. Bitcoin looks like expanded flat correction to me. Also a bounce during a downtrend from 24000 mc gap to 32000. Overall I'm still targeting lower price 19000 - 24000 I guess. Fibonacci Relationship: • Wave B = 123.6% of wave A • Wave C = 123.6% – 161.8% of wave AB
BTCUSD broke the key horizontal level Which is now a resistance After retesting the broken level at 33900.0 And I think that it will fall further down Onto the target level below
Welcome members to the quick update on BTC. "Many traders are not liking the recent BTC dump. BTC is almost breaking down below the support level but we cannot confirm completely as we still have roughly 19 hours left for the candle to close. This could turn out to be a wick and BTC could bounce back or BTC could dump further down." This is precisely what I...
Trading Setup: A Trading Signal is seen in the Bitcoin BTCUSDT. Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 29137.0 ⭕️SL @ 27668.0 🔵TP1 @ 32396.1 🔵TP2 @ 34960.0 🔵TP3 @ 38000.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands previous...
Bitcoin seems to be in an expanding flat which has started in early 2021. The 3rd wave seems to be concluded and we will be expecting the 4th leg up. The 4th leg should enter 1st wave's areas which is at least 35k USD levels.
Hi fellow traders, BTCUSD has finally reached the blue box area and is completing the bigger expanding flat pattern. From this point we are waiting for one more push down as dollar is still showing some strength. If we break the red line the move up will be invalidated. Target will be previous top. Goodluck!
The Head and shoulders pattern has formed in the trend. It is a pretty good reason to open a position to LONG. I am expecting from price to reach around $36000 - $38000. From there Bearish trend will begin to $20000 - $18000.
Here is my view for BTCUSD on H1. 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!
the monthly demand zone is invalidated. liquidity pool drained of orders without pumping the price upwards. we're going down.
In Last years wee seen a Massive consolidation Between $30K to $65K We see a Bear Trap (69K) and now we are on a Bear Trap (-$30K) Expecting Price to retest another Bottom before reaching again the top and try to break for real this time above ($65K) Also RSI in on Descending Triangle , expecting breakout and retest in the next Months. Summer will be HOT...
This is Monthly Log Chart from Bitstamp as it has data since 2011. More history and past data helps in analyzing the behavior and price structure. Three Analysis on a monthly log chart on BTCUSD pair. (1) Harmonic ABCD Distance covered in AB Leg is same as Distance covered in CD leg (1:1 extension). C point as shown in the chart...
Bitcoins has arrives at Price Origin Point where it launched its uptrending move. It turns to be Monthly Support as well. Will price takes this low or bounce from here. Interesting to watch!!!
What happened in the last 1 week was unexpected and painful for many. Now what's really important is whether BTC is already bottomed or not. BTC made a low of $26,700 way lower than the previous support of $29k. Now people are very panicked just like the covid time. Also to notice, BTC is currently trading around the 0.618 Fib level extension which also happens...