Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below...
the trade plan is described in the chart. you can either play in a range of S1 and R1 OR you can place sell Stop or Buy stop if it breaksout.
Bitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance. On the other hand, it was very good that the cme chat was also filled. If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I...
The trading plan for BTCUSDT for the weekend presented today fits perfectly with the concept we presented a week ago on a larger timeframe. Looking at the chart, we see signs that buyers are weakening. If they fail to fix the price above $24,000 in the coming hours, it will only be another confirmation of our assumptions. As a result, we expect a zigzagging...
I may be wrong but my opinion is that if bitcoin is to really start a bull run, it needs to claim the $18k era before the $21k era has $16 billion in liquidity. Can be any time field. On the other hand, if there is a strong breakout, which is the $25000 area, Bitcoin must give at least one daily candle close, and then there will be an upward move. Currently,...
BTCUSD Short Term View is given Entry is on 24,853 SL is at 25,243 Target is at 23,865 This view is based on pure technical analysis and is for educational purpose only.
Bitcoin is facing heavy resistance which is coming from two sources: One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction. Why is this...
Today, we will try to draw up a trading plan for the BTCUSDT pair and the cryptocurrency market in general for the current week. After BTCUSDT hit a new high last week, sellers tried to push the price down. As a result, the price dropped quite sharply from $25250 to $23350. The weekend has passed, and it looks like buyers are not planning to give up. It is...
Pair : BTC ( Bitcoin ) Description : Break of Structure and Making its Retracement till its Daily Resistance Level Divergence Completed " 123 " Impulsive Wave and making Correction for the " 4th " Impulsive Wave Impulse Correction Impulse It can Reject from the Current Level or it can Go till the Daily S / R Level
Expecting BTCUSD to retrace back till 23400 from current level of 24700 after a good upmove.
Everytthing is clear we are compeleting 5 waves on elliot, we can expect of price to touch mid line on 26k and after that 29k , just analyze and can be failed
BTC - Back to 20k?! You either going to love this or hate this but I think we should re-visit the 19-20.5k areas, now what I think really doesn't matter. However, the technicals is what really matters. If we don't stay above this elevated areas 19-20k but if we get bulls above and go above key resistance sure 25k easily but we do have FOMC this week and that is...
BTCUSD💥1H-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥BITCOIN I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
BTC still in that ascending broadening wedge we all know it's bearish right? Ain't that right? Right?
Hello traders, I hope you guys managed to make some profit after the FOMC meeting. We saw good volatility in the market with BTC reaching $24255. A 6.5% red and green gave a good opportunity for both bulls and bears. Yesterday's trade was purely meant for scalping and if you were smart enough then you could have made some extra cash. Anyways, in this 3 hours...
hi guys , my prediction of the state of Bitcoin is as I have shown Of course, this is a possibility, not a signal
The outcome of the Federal Reserve's upcoming meeting will impact the direction of the BTCUSD pair. Currently, Bitcoin is experiencing a sell-off due to profit-taking, but the market anticipates a further bullish trend due to a slowdown in interest rate hikes. However, a brief bearish correction is expected. It is important to watch the 20000 price level as it may...
Hello fellow traders, The Stoch RSI cross on the monthly, as well as being oversold on the RSI. Monthly charts speak volumes. the next bull cycle may be starting. go against the herd <3