Hello everyone 😃
Now BTC has reached the rejection zone one more time !
It's the 2nd attempt to break the daily EMA20 and the 5th attempt to break the resistance zone. ( Bearish trend zone )
Market is suggesting the confirmation for a breakout with recent candles;
But the volume is rejecting it.
Volume didn't moved according to the scale of...
The price is still in a boring consolidation phase. On the long run, our bias is surely bullish. We have to wait for the price to break out of this rectangular range before we can make clear decisions on where the price will move next.
What do you think, ladies and gentlemen? Will the price keep growing up or are we getting another dip before bulls step into the...
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(BTCUSDT 1W Chart)
We need to see if we can move higher along the uptrend line (2) and move above the 45135.66 point.
Point 28923.63 is a strong support...
Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart.
At the time of writing, BTC trades at $38,800 following a minor rejection from...
Bitcoin is about to reach the neckline of a HnS pattern. 20% move if it breaks.
I know a lot of you don’t want this move to happen. This would really sting…
For the Bears. Did I mention the chart is inverted?
#BTCUSDT TA Update:
$BTC currently trading at $37000
Waiting for breakout $37500-$38000 resistance.
If this break upward then Clear way towards $50000
But if rejected then again ready toward $30000
So keep an eye on below levels:-
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The daily chart of BTCUSD looks almost identical to the well-known "Psychology of a Market Cycle" graph. This graph shows the steps from optimism to thrill to Euphoria, and then the drop back to anxiety, denial, panic. This chart aligns almost perfectly with the BTC daily chart. As people are anxious, they are forcing themselves to believe that we will recover,...
BTCUSD - Intraday - We look to Buy at 37313 (stop at 36246)
The primary trend remains bullish.
Reverse trend line support comes in at 37400.
20 4hour EMA is at 37300.
We look to buy dips.
Dips continue to attract buyers.
The trend of lower intraday highs has also been broken.
Our profit targets will be 40484 and 41484
Resistance: 40000 / 41000 /...
💎Technical Analysis Summary💎
-Bitcoin closes the weekly candle above 38k dollars
-This is a very strong bullish sign in terms of price action
-The weekly support area around 31k-34k has been confirmed
-With multiple positive news surrounding the crypto space today
-I think we will have good trading days in the short term
-Take note this is a temporary...
Hi guys, this is OG back with another Bitcoin update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below.
Bitcoin went on a massive rally this weekend. Not only did we break out of the W bottom neckline at 36.2K, where I called for a long in...
This is our updated chart with 4 different scenarios, each one with a percentage.
Let's see what happens next.
ps. as you can see if you have parience to buy or sell at the next support or resistance you could be up for a great trade!
💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
Hope you guys are having a fantastic weekend!
Bitcoin finally Broke out from the downtrend parallel channel. (RSI as well shown on the chart)
We wanna keep going with printing higher lows. I hope you loaded some btc low 30k Don’t be alarmed if we get a small pullback to the 37k region.
The midterm goal is still the same 48K. a big part of my portfolio still in...
With the closing of today's daily candle above the level of 38,300 I decided to buy 1/3 of the capital available for trading.
I am now 33% bought in bitcoin.
The price of this purchase was in region 39,100
The purchase orders mentioned above have been cancelled.
Note in the orange markings that in the medium and long term bitcoin has not closed candlesticks...