Hey guys, here's a quick update on BTC in 3 hours timeframe. BTC has been struggling to break through the 21 MA resistance level. The good thing is that BTC is still above the support level and until and unless BTC stays above it, we can expect a jump toward the $17k. So, I am aiming for $17k in the short term. The invalidation point will be a candle close...
First T.P hit, Bitcoin still showing a retest to 17k before the dump, trade with caution
We seem to have tested most demand zones now. I can see a possible scam wick into this area.
2014-16 Bitcoin Bear Market VS 2021-23..? A bear market refers to a declining market trend, characterized by falling prices for securities. In the context of Bitcoin, a bear market refers to a sustained period of declining Bitcoin prices. There are a few different reasons why a bear market might occur in the Bitcoin market. One possible reason is a general loss...
Hello Traders, BITSTAMP:BTCUSD Is facing a lot of bearish pressure. If you look at the chart the 'last pattern on weekly chart that can give us filtered information is a head & shoulders with neckline test pointing towards the blank box in the 6200-3600 area that could give a push for strong buying. Thank you all , please leave a comment with your chart and...
BTC has been trading under the same range for the last 9 months. Traders are bored nad many are leaving. I will share my plan in very short for 2023 and how I am preparing for the next BULL RUN! History doesn't repeat but it often rhymes. This time many geopolitical and fundamental situations have hindered Bitcoin's price developments. THIS IS MY OBSERVATION...
The measured move on this latest bear flag lines up perfectly with the demand zone that caused the bullish break on a macro scale/on the monthly chart. That demand zone also happens to line up perfectly with the bottom of the macro GP as well as a macro POC. This is where I would expect to see the cycle bottom and it will likely be an epic swing long opportunity...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
As you can see on the hourly chart we successfully broke out of the local downtrend and could have a momentarily move up but DO NOT GET YOUR HOPES UP as we are still in an overall bearish market. Potential take profit zones are to the nearest local resistance levels but first take profit is at previous local high Have a good day and may the market treat you well.
btc is on a range from last 14 days .currently at golden fib important support ,should not be broken or it may come to the retest of 0.786 and secondry test of gartley harmonic .after such consolidation volatality is expected soon .we might see a stoploss hunt to the late shorters .expecting 17k soon NFA DYOR
Happy new year to Y'all i am updating my BTC analysis right now we almost done with WAVEE Z which is last wave in A before getting B and it is up to 48K nut my first target will ne 31000 ( will keep you updated once we reach it ) so for short time I think we going to break 15800 and might visit 14-13K as a reversal area peace :)
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Disclaimer ON! Not advise to buy or sell. Very high risk instrument
I think btc.d now start pumping as well & we can see results like #BTC pump ,Alts dump so be careful with trade becouse it's yearly closing too
BTC Bottem formation scenario Just another scenario to add into our tradingplan We will update some more charts on these scenario in the near future. Team Quantistic
according to the chart, BTC is on the ascending trend line in 4H time frame. If BTC break the green area (order Blok) it can goes up and reach our targets. But if its brake down the trend line our Sell position will active, and we can reach our sell targets. on the other hand, we have ascending Fibonacci channel support and resistance. Pay attention to those...
Welcome! This is my first analysis of #Btc/usdt. In this idea, I will show you a possible short or also a possible long position. If we draw at the indicator a trend line from the highest point to the next, it shows us approximately how much room the price has to fall. Historically, whenever BTC has been at a channel support and the indicator showed a fall gap, it...