price is in a channel and reversed from the top of the channel and can reach to bottom of channel
Global vision: short to deemand 14-16k Local vision: long to fta or short to poi
Scenario 1: if bitcoin breaks the current resistance level then we will go in for a long position Scenario 2 : if it breaks current support and retest then we go in go a short position with a target of 17k for now the direction of the bitcoin can be on a consolidation preparing for a great momentum that is upward or downward
BTCUSD will retest the trendline then bear to $17,000 Entry @ $38,500 SL @ $42,000 Expected TP @ $17,000 DISCLAIMERS It's not a financial advice. Trade with caution.
BTC is going much lower. We have a descending triangle in the short term but take a look at my other work and see why BTC is going to tap out levels.
BTC idea for short Enter price- $20790 Tp1- $19493 Tp2- $17960 Tp4- $15648 Sl- $21499
BTCUSD : Some fun areas to watch Please don't buy or sell blindly in these areas. Wait for price to react on LTF. Pro tip : some of these areas might not hold. Good luck, good trading!
In 2H TF Bitcoin is trying to claim resistance In case it closes above it expecting +11% Grow Send it to: $22650
The Chaikin Oscillator shows the momentum of the accumulation/distribution index, AKA the accumulation/distribution line. This shows us whether buyers outnumber sellers (accumulation) or sellers outnumber buyers (distribution). We are just entering a new accumulation trend after a long distribution one, so bulls should be able to move the price. However I’m...
These are some support levels of Bitcoin, lets see if it can hold them...
Hi, everyone Bitcoin Analyze BTCUSDT Timeframe 4h Major Supports And Resistances All Are Mentioned On The Chart Sameersam01
Longed bottom deviation, shorting this one here. Tight stops. Not advise.
News outlets report that institutions are selling their assets at a record pace and Bitcoin made a new low at 20 074.50 USD. Nevertheless, we continue to maintain our short-term price target of 20 000 USD. Additionally, we would like to set a medium-term price target at 17 500 USD. Our reasoning is detailed below and in the attached articles. Fundamental factors...
The FED raised interest rates by 75bps yesterday. Despite that, the stock market rose by 3%, providing a temporary lifeline for cryptocurrencies. We view economic tightening and higher interest rates as negative for the U.S. economy and Bitcoin. That is due to the high correlation between these pairs exhibit. Thus, our price targets are 20 000 USD and 17 500 USD....
We can see some kind of Accumulation in this area...... DYOR NOT A FINANCIAL ADVISE
Since the first quarter of this year 2022, BTCUSD is in downtrend and the price of BTC is reduced by 2/3 already. The Strongest support near the current price is 20000 and 15000 and the strongest resistance is 28000. as per the daily timeframe, it is making a bearish trend and if it continues, soon we will see 15000 and 12000. The best thing to do is to wait....
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