Hello dear Traders,
Here is a update on my previous BTC analysis. I might see a head & shoulder pattern occurring which is lining up with the 41.5K zone.
If you like my idea please like and feel free to comment for improvements on my technical analysis.
Stay safe and wish you the best!!
Kind regards
Cryptodjens
BTC had lately a ncie run to the upside. Seeing the bearish divergence think this wil give us some correction and downward pressure.
Hopefully we can stay above the support level at 41,5k, if so it seems a nice buying spot. If not we might see the 38K level and then 36K levels.
If you like my idea please like :)
Stay safe
Kind regards
Cryptodjens
BTC is in his long channel
there is 2 ways to its TP green or Orange line :)
for traiders its important to look to btc SUPPORT LINES
FOR INVESTORS the long vıew ıs ok to take ın
for low risk: ıf 45000$ support line breakes up successfuly it is time to take in
what do you think?
I think maybe a shadow to lowest price of channel may happen but the tp is still...
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Good Luck!
Disclaimer!
This post does not...
Here is my view for BTCUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi
Lines have an important place in our lives, especially in the stock market.
Where the candles spun, broke hard, etc. These are very important. Here I came up with a btc chart based on these.
Traces of the past determine the future. Graphs and lines are important to follow the trend.
Black lines can be followed like channels,
Yellow lines can be seen as...
Hello, I am back with an idea on the BTCUSDT chart in the 4h time frame. What it's interesting about this pattern is that it has formed an ascending broadening pattern with a few impulsive waves. You can see clearly all the patterns formed in the chart and the way I have followed it with the small time frames and also 4h and daily.
The ascending broadening...
Here is my view for BTCUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Staring on the charts i noticed similar market structure on 2019-2020 and 2020-2021 mid cycle corrections.
After first market top (marked with number 1) there were strong correction until the moment when RSI formed double bottom on around 34-40 level.
After RSI formed a bottoming pattern there were secondary rally until 70 on RSI. Secondary rally marked with...
Trading Signal:
There is a Trading Signal to Sell in BTCUSDT Bitcoin .
Traders can open their Sell Trades NOW
Rank : ⭐️
⬆️Sell now or Sell on 43750.00
⭕️SL: Close above 46085.00
🔵TP1 @ 40860.00
🔵TP2 @ 38695.00
🔵TP3 @ 34520.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku ,...
This is my second sell option to join the market. Please look at my related idea below to see my original idea for sells.
If price holds and continues to reject this region, I will consider sells into 20k from here. IF price invalidates this sell idea with won't take a trade and we will simply wait for our first idea below to play out.
Traders, if you have your...
Check this video about the recent breakout on BTCUSD from the channel and the expected retest to the support level .
For a very long time now, BTCUSD has being in a bearish form, precisely in a channel. But from what we are seeing now, the market has broken through the channel and got cleanly rejected at 61.8 fib level. Now, this rejection shows that there will be...
Check this video about the recent breakout on BTCUSD from the channel and the expected retest to the support level.
For a very long time now, BTCUSD has being in a bearish form, precisely in a channel. But from what we are seeing now, the market has broken through the channel and got cleanly rejected at 61.8 fib level. Now, this rejection shows that there will be...
Bitcoin is in a bear market whether you like it or not.
I think it should be decided by May.
Quite possibly the market is just giving us a chance to get out at better prices.
Situation when Whale adresses numbers are declining and retail is buying is not a good sign.
Do what smart money do, not retail.
Here is my view for BTCUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
As I said yesterday, Bitcoin is very probable that has put a higher low on our chart. This is confirmed now, with a higher high and a break above both horizontal and descending trend line resistance.
There is a high probability of continuation to the upside now and bulls can target the 44-45k zone, but Btc can even extend gains to the 50k zone.
Dips towards 40k...
Though Over All Trend in 1D BTCUSD is Bearish but the last BIG BULL candle is Changing the scenario. Now i m not Bearish on BTCUSD anymore after the News we received recently though i See a Correction Down side for BIG BULLISH Move !
