An update on where price is for BTCUSD relative to the parabolic curve drawn against strong support points throughout BTC's history 25K (roughly) seems like max drawdown
As I had showed my idea in my earlier publish, BTC DID FOLLOW EXACTLY THE SAME PATTERN but it was so quick and without a small relief bounce. So from here I expect BTC to do some consololidation n touch the support line a few times n then bounce for uptrend till the resistance area. Potentially braking above it after 2 3 test on the resistance. For me I think BTC...
Looking at BTCUSD (Bitcoin), I think it is trying to fulfil it's double top formation. Bitcoin made a rejection from the 30k support level and rose up with at least 6% today. This might be due to profit taking. Looking at it, I predict it breaking it's 30k handle and falling to 20k level, to the 200 simple moving average. Please support this idea with likes if...
Last week I said that Bitcoin could drop hard and reach 30k soon and yesterday the price reached this target. The big question is now what? Looking at the daily posted chart we can see that the trend is grossly bearish and Bitcoin could easily drop under 30k. My idea remains unchanged, sell rallies and a expect BtcUsd to drop under 30k support The next important...
Expect a drop to the lower point of the channel to $29300 region then an upwards rally. If this area doesn't hold I'm afraid we'll heading downwards hard. I fully expect it to hold as it's an area of confluence of both the support reguon and descending channel
Welcome members to this update on BTC in 2 days timeframe. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas...
Who is following me on this journey, i believe everyone is busy bagging and we are all STUCKINPROFIT
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin . Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 30823.00 ⭕️SL @ 29620.00 🔵TP1 @ 32846.00 🔵TP2 @ 34878.00 🔵TP3 @ 38003.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If...
BTC / USD I think BTC still following my idea that I published on 14th april price finally hit 37k (second support line in my chart ) You can check my last idea here : WHAT NEXT ? From here I expect Bitcoin to test first support of channel which turned to resistance now (around 41k) The price action there will determine the next move : 1–If price able...
In a monthly basis, as shown in the chart, these are possible targets of daily trend. But if it fails the monthly pivot (black box, lower bottom), the price may reach 16700 $. But in the past, it is probable the price will return to the upper targets in daily trend, and the targets are also pictured. The movement momentum can possibly come into action from the...
Woke up to glory, woke up a winner, woke up to BTC locked in profit of over 5,000 pips for the week, An update was dropped before the dump, who else is STUCKINPROFIT..
What is Bitcoin? Bitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. It is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The...
Consistent to my previous analysis, BTCUSD did get to the predicted level however price did not reverse. It seems now price is seeking lower level liquidity indicated on the chart. The likely reversal zones are also shown with the lower one being a more high-probability zone. Never enter longs unless you see market structure reversal on lower timeframes (H1, H4). Good luck
Next week in the cryptocurrency market promises to be very interesting and fateful The price of BTCUSDT has approached the liquid price range of $31,000-34,000, which has been a strong support zone for buyers for more than 1.5 years. What's next? : 1) Apocalypse in the cryptocurrency market - If...
when the correction phase we saw in bitcoin in the past,we can clearly see that the bitcoin takes time to complete a correction wave , on that point I can say bitcoin will go below the 27000 price range then we can see a rally of an impulsive move thank you!
Welcome members to this weekly update on BTC. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free...
In my previous articles, I pointed out the current status of BTC. I expect an apology from those who insulted me for saying that BTC will fall in my previous analysis :).. I think the current chart is trying to complete the head and shoulder pattern. When we look at the past accumulation regions, we can see that the previous picture is similar to this one....
Position trading on BTCUSD price hit $36k, entry at $61k, over 27,000 pips bagged successfully.. STUCKINPROFIT.. the holding continues.