The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The resistance zone is also defined by the model. A break of the resistance zone nullifies this set up. Refer to the related idea to look at the larger cycle in play.
Analysis BTCUSD : Two scenarios ahead of Bitcoin price: 1: price movement towards the target of 21000 and weakness and return to the weekly high. 2: Breaking the 21000 range and the price falling to the 18000 range. . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 2/26/2023 . . See also the weekly time analysis:
Analysis BTCUSD : According to the formation of the side trend, we can expect the price to fall to the specified targets . . Until the price penetrates above 32000, we cannot expect proper growth. . . 👤 Alireza hajighasem : @alirezahajighasem . . 📅 1/21/2023
-Price broke the support and became a downtrend - Wait for a retracement back to 21460 area and ---wait for some sort of entry pattern or strong rejection. TAKE PROFIT 1 - 20000 TAKE PROFIT 2 - 18781
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Bitcoin is now actually breaking below the previous support zone, creating bearish market structure, so at least for the short-term, everything seems quite bearish. However you can also see that Bitcoin had a quite massive pump...
Crypto is going DOWN into the end of 2023. 2024 to 2027 could see a giant bull run after this move. This next leg down will be the one that causes people to proclaim that crypto is dying and be quite hopeless as the price really breaks down, which is exactly the psychological point you should be buying during if you're a long-term investor. But patience is key....
pollback to 2-leg & resistance 21350 & to trendline ... for sell
Following bitcoin support and resistance lines. Entry: $20,150 - $20,000 Take Profit 1: $18,000 Take Profit 2: $17,500 Stop Loss: $21,000 Enjoy my free analysis. Please give me a boost (rocket!) and a comment. I like to hear your feedback. For more analysis, follow me. Success trading! Cheers uNickTrading
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...
So long as Bitcoin stays below $25209, will be biased towards bearish setups only. Good Luck!
Apologies for my wronged TA. I went long at our 22.3k support, the 4h showed bearish divergences but I ignored it, initially I was in profit, but in the end I lost a lot... I think this price action no longer is like 2019, but more like 2015. We will retest 18.5~18.6k. I have my long ready. No stop loss this time.
Hi everyone! If we look at our analysis on the daily chart (see chart below), the price action has reached a very important resistance area (trendline). Having said that, returning to our intraday chart, we see that the bullish structure may have completed, or almost completed, its development. Some reversal pattern should appear from one of these areas, let's...
BTC-USD broke the key Horizontal level and the Breakout is confirmed and The double top pattern So I think that after The pullback and retest We will see a move down
Good afternoon, dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. In the New Year, we see positive dynamics, but this is not enough to index this movement as "successful". Therefore, in order to update local highs, we have to go even lower to gain positions at more...
Welcome . Bitcoin currency. in a very negative state. With the price reaching strong support and breaking 24000, there is a lot of pressure from the sellers to lower the market. To 22,500 levels in the first stage. And level 22000 good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange...
This trade only become active if BTC closes daily below $21,480. Point A: Liquidating longs and late shorts in euphoria Point B: liquidating late shorts and late longs in euphoria Then we head to point C. Be careful with where you put your stop loss. Invalidation: Closing daily above point B.
The price headed towards 4h resistance around 23633 but fell short of a bit (0.28%) from the target mentioned. So the rejecrion happened a bit early and the price fell below the daily support. It hit a old 4h support and currentlyvtrading above it but it does not seem to be significant and price is likely to tap into daily support 1 zone. But before it might try...