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
Bitcoin broke through the bear flag pattern. It is still moving very slowly. But, make no mistake. This is the calm before the perfect storm which is currently brewing. Soon, we will see big red candles in Bitcoin and in no time, price will be below 10K.
expecting a price rejection from my rejection zone (red box)...... NB: btc can close below $19000 this week!
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Bitcoin is still facing critical selling pressure. What you see on the chart, is the Macro Fibonacci retracement and...
BTC currently aiming to reach the next important support level at around 18876$ marked by the bleu line. A falling wedge also forming at the moment, a retest of the support area and breakout above the falling wedge which is a bullish pattern may lead BTC to start climbing again and retest some higher levels. If a breakout to the down side happens, BTC could suffer...
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.
Bitcoin was able to move as I ✅expected✅ in my previous post 👇 Bitcoin is near the end of wave A; wave A has five microwaves, so we can expect that main wave 2 has a zigzag correction structure (5-3-5). I showed you the end of wave A in my chart. one of these zones can make a Bearish 🦋Butterfly🦋 Harmonic Pattern. Bitcoin Analyze ( BTCUSDT ) Timeframe...
Bitcoin Intraday - We look to Sell at 20769 (stop at 21211) Our short term bias remains negative. Preferred trade is to sell into rallies. Previous support at 20800 now becomes resistance. 50 4hour EMA is at 20757. Broken out of the channel formation to the downside. Our profit targets will be 19731 and 19231 Resistance: 20800 / 21500 / 22000 Support:...
BTCUSD intraday trading alert 3 steps must fulfill before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you in the home ⬇︎ More info in my profile.. Good luck traders..
After yesterday's dip, the market enjoys a time of relief. However, we think the relief is temporary as there is no significant change in technical or fundamental factors. Therefore, with an unchanged bias on Bitcoin, we stick to the bearish outlook for the cryptocurrency with price targets at 17 500 USD and 15 000 USD. Illustration 1.01 Yesterday, we stated...
Update #Analysis of Bitcoin Time 4H According to the previous analysis, we said that Bitcoin has reached its last unused range in this price range. And we can see that this range has been inflated and it shows that the orders of this range have been consumed, and in the next search, the price can go beyond this range and reach lower prices. But for now, for this...
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.
GENERAL MARKET AND ECONOMY OUTLOOK We have been in a bear market since November 2021. FED continues to hike rates and gets more hawkish with every speech. USD index ( DXY ) is in an uptrend and S&P 500 closes yet another daily candle with loss. Inflation is high in US and European countries are facing one of the biggest energy crisis this decade as EU and Russia...
#BTC Falling Wedge with Bullish Divergence is an Ultimate Bullish Combination..!! In case of Upside Breakout, Expecting +10% Relief Rally..🏄♂️
BTCUSDT ::: To analyze Bitcoin, we used simple tools that show a set of strong supports and resistances in different time frames . It is shown in the chart in a and way . At the moment, it has broken all the supports of the previous few intervals . There is a possibility of returning to the bottom of the broken channels . The...
$BTC (Daily) vs $BTC (Weekly) $BTC -9.10% broke down further from the highlighted mini bear flag within its 2nd successive bearish flag formation. $BTC short term MAs have transited to a declining mode, provoking a intraday sell off after resisting price penetration on 26/8/2022
The Real Bitcoin Bottom is clear, currently we are in a bear flag breakdown, targets indicated. EMA ribbons also have proved to be strong resistance in multiple instances, the trend is your friend on this one.
Ok as I put in my previous short, which played out better than expected. I am not Bullish at all rn. Energy prices soaring, we know what's coming, and it ain't a strong $BTC rally IMO. Perhaps we sweep up on a liquidity grab, trap long then, I feel 17k, honestly, possibly even 10-14k. Trade at your own discretion and be safe, NFA as always. BTW, if shorting...