Since the recent low under 46k, Bitcoin has had 5 good days and the price has risen above 50k to a high at 52k, slightly under 15%. However, bulls could not hold the gains and, after a small range of consolidation above 50k, BtcUsd has dropped under this important figure again. Now the price is in 49-49500 support and a drop here would expose 46 recent low. More...
List of confluences: With more to form in the coming days. 1: Daily chart key level, which shows the formation of a lower high. We would need a breakout and close above this level (51 967 USD) on the daily chart to confirm a change in market structure and the creation of a new high. 2: Inverse head and shoulder pattern formation on daily chart and H4 time...
I wrote last Monday that the technical picture here had become more bearish, with the price dominated by a descending bearish trend line suppressing the price for more than one week. I foresaw lower prices as likely. However, I did think that the support level at $46,381 was likely to produce a firm bullish bounce if reached. I was correct to be bearish insofar...
Maybe it will move like this .... Do you agree with me??? comment please....
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 and happy holiday!
Hey friends so this idea i save it for long time . today i decise to show it to all maybe its gonna help traders to make decision bitcoin & time is a boucle you need just to make sure where and when you entre. is bitcoin a good ainestment for long term : yes is better than saving account . Attention: this isn't financial advice we are just trying to help people...
First of all; Bearish though the patterns are, Bitcoin looks bullish to me... So buy the dip as always. Secondly, both patterns are just predictions, so wait for them and Do Not Trade Until The End!!! At last, if you are interested in more Harmonic Pattern updates, like and follow :D
It's beautiful, we'll probably see a new ceiling for bitcoin, wait a minute.
Two days ago I said that I expect a new leg up from Bitcoin and for the cryptocurrency to pass above horizontal and trend line resistance. Indeed, Bicoin has broken above these levels and made a local high at 52k, just in the next horizontal resistance. At this moment BtcUsd is in a slight correction and is trading at 49800. If this resistance is confirmed as new...
Here is my view for BTCUSD on H4. 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 and happy holiday!
Welcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends. btc update told in the previous chart it could jump from $46000 to $49500 as it happened now I think btc will test again on 21ma from here to $49800 and from here btc from 58k to 65k again Could jump to 85k, take new all-time high Thank...
BTC/USD Forecast The four-hour chart shows that the BTC/USD pair tilted higher in on Wednesday morning. Still, the pair is in the same range where it has been in the past few weeks. It has also formed a strong support at about 45,401. As you can see, the pair has struggled to move below that support level several times this month. The pair is slightly above the...
I just closed down my long positions at BE, because price action on lower time frames indicate some more bearish movements. We still have that long wick since 4th of December and that bothers me a lot. Also despite the fact that in the past 24 hours 40 billion "new cash" converted into BTC, the big whales are still pulling out big money by the end of the year...
Here is my view for BTCUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
My suggestion is that before the bears or the bulls would kick in, we can see a test of 50k area. Overall it looks bullish for the short term, but I think we still have a high chance to go all the way down to 42k area to these the weekly low of the long wick candle from the 4th of December. Hard to tell right now what could happen, but for now I think the trading...
Hello Traders, BTCUSD currently has broken the trend line and is likely to create a false breakout to the downside. As it has broken to the upside, the trend is bearish, it is highly likely that this instrument will create a false breakout and will drop to the downside.
BTC / USD Here is my view on BTC for next few weeks On the chart we can see last weekly candle closing not looking good ..And closed below 50W MA Scenario 1: fast dump (wick) around recent low and pump hard after (big green candle) For bulls they need to move and the next candle should be like a bullish engulfment candle Scenario 2: in case bulls...