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.
The chart shows the short-term downtrend with a technical aspect. If it breaks the support at 1900, we will go back to 18000. We still anticipate a big drop. Nothing new. A good meal for bears. Of course, that can change. While the market is out of trend, the biggest upside potential for cryptocurrencies is at the end of a bear market. DISCLAIMER: This review is...
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.
BTC -5000 on the way if it breaks 16000 on monthly close
This smaller rounded top on 1 hour timeframe is reflected in a larger rounded top on daily timeframe . These tops should be bearish formations 🐻. Overall I'm looking for a medium sized drop on the hourly timeframe to retest the 19600 area and a large drop on the daily timeframe to retest the lower 19k/upper 18k area.
Unfortunately, after yet another retest of the 9-period EMA on the daily today, Bitcoin is now headed towards the next weekly low, which it could reach already during the month of September. We are talking about $ 13,970, which is the next pivot for the price of BTC, unless there are blunders dependent on some breaking news. In this case the situation would not...
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.
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.
How does nobody speak about this. Insane triple bottom formation which is mega bullish. RSI bull div is very strong now. These are lifetime opportunities!
This is a bearish pattern. RSI bearish cross and MACD bearish cross makes the probability of breaking to the downside higher. If support is broken the price target for BTC is 18.9k BINANCE:BTCUSDT
#BTC UPDATE 6 : In 1H TF simply add symmetrical triangle and according to symmetrical triangle it could be bullish and it could be bearish but for Bullishh breakout we have to broke resistance around 20500 and flip into support then continue towards 22000 area but if we fail upper line of symmetrical traingle then show another retracement towards lower line then...
#BTC UPDATE 5 : In 4H TF Smaller Time Frame bear flag, each and every time bearflag the price of Bitcoin has failed to find support at lower line area from ascending channel bear flag the price has started in the corrective movement now we also found ascending channel whether the lower line acting as support but we know if this lower line support is going to...
Short idea on BINANCE:BTCUSDT Bitcoin has been in a declining phase for a while! Respecting Hourly Trendline! Double Top formed (wait for a neckline breakout) DXY seems to be more bullish! Best of Luck! Your feedback would be appreciated!
Everyning all! Glad to be back, lets take a look at the state of BTC and what we can realistically expect over the coming days!
On 11th of May 2022 when $BTC was $30000 I published the idea that it will drop to $14000-$12000. Back than we were in wave B of the correction. Check the link below. We are now fully underway in wave C. starting minor wave 5 of C. So the good news that the ending of the correction is near. When wave 5 of C is done, the whole correction started in November...
20600 - 20800 is still critical and strong resistance for BTC. It can dump badly if get a strong rejection from this ZOne. My thoughts on BTC