Bitcoin is breaking the Important Support line . According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) and attack the Support zone($65,730_$64,240) . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze...
#Bitcoin is sitting around $66,306.30, flirting with the 50-day moving average, a critical line in the sand. We've got solid support at $65,551 and resistance up at $71,452, So watch for a break below $65,551 for a potential drop to $60,364 or $57k. Volume's low, signalling consolidation. If BTC holds above the 50-day MA, a push towards $71,000 is on the cards....
Dear Traders, Price is currently making correction in daily timeframe, in our view price can drop to 62k to 63k region where we can see strong bullish pressure coming in the market. However, it is also notable that price can just reverse from the current price area that it is trading at, as price already have been dumped once to 54k and there is no strong reason...
Here is a new trade idea. The price pushed up after bouncing from weekly support and headed towards daily resistance DR1. The price however got stopped at DR1 and got pushed down immediately from there. On this drop it hit the daily support DS1 from where a bounce was likely. We already see that bounce going on. Therefore, a long from this daily support zone is...
Bitcoin started to rise above the Support line after the Consumer Price Index (CPI) announcement. Currently, Bitcoin has managed to go above the Support zone($69,340_$69,000) and 100_SMA(4-hour TF) again and break the Resistance line . According to the Elliott wave theory , Bitcoin seems to have succeeded in completing wave 4, and we should wait for...
Hi fellow traders, BTCUSD will be ready to make a move higher from the blue box after it completes the flat correction. Target the 79219.46 level. Good luck and trade safe!
Bitcoin (BTC) has lost momentum over the past two days, raising concerns among analysts, and traders. The leading cryptocurrency is currently trading sideways, lacking the strong volume needed to break through key resistance levels. Low trading volume often precedes price dips, and if we don't see a surge in buying pressure soon, we could see Bitcoin revisit the...
The price bounced here as the zone was a weekly support zone but has come to the daily resistance zone DR1. But it seems it is likely to get pushed a bit more down. Below we have support zone DS1 and WS2. First is the daily support DS1 from where the price is likley to bounce. Therefore, a short trade is favorable here. The price is likely to land to daily...
Here is a new short trade idea. The price has been pushing up after the last big drop around 5 percent. The price found support around 68.5k zone and since then it is pushing up slowly. This push has been really slow and likely to reach till the low TF resistance LTFR1. I expect that the resistance there would make the upward push of the price to stop and then...
Bitcoin once again started to react strongly after entering the Resistance zone($73,800_$71,900) . Although it tried to break this zone😊. According to the Elliott wave theory , Bitcoin seems to have succeeded in completing the Main wave 5 . In the chart, we can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) (it is a Bearish sign...
Overview: This analysis looks at the historical and projected price movements of Bitcoin (BTC/USD) on a weekly chart. Historical Price Movements: 1. First Major Rally (2016-2017): - Growth: 4,499.77% - Price Increase: From ~$430 to $19,439 - Duration: 86 bars (602 days) 2. Second Major Rally (2020-2021): - Growth: 1681.18% - Price Increase: From...
BTC’s daily chart portrays a significant rise from $60,176 on May 10 to the $71,958 high, followed by a correction and sideways movement. This pattern suggests a phase of price discovery and consolidation. Volume spikes accompany major price moves, with decreased volume during consolidation. Key support and resistance levels are $60,176 and $71,958,...
BTC ~ Updated #BTC The $80,000 gate was just a matter of time. tell me if the price of BITSTAMP:BTCUSD is already $80,000
BTC ~ Updated #BTC The bulls continue to maintain their dominance. it's just a matter of time. The highest price will soon be formed. Our short term target is $80,000
Dear Traders, We are convening a discussion focused on #TLMUSDT The Symmetrical Triangle Breakout Has Already Done and Broken the Resistance Level ✅ So,I am Expecting a Bullish Move of 35-40% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining...
Dear Traders, We are convening a discussion focused on #RONINUSDT THE Decending Triangle Pattern Breakout Has Already Done ✅ So,I Expect a Bullish Move of 40% 🚀😉 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC MIL:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE NASDAQ:ALT
OKX:BTCUSDT Long trading idea Probable fractal repetition of the previous scenario shown on the graph In this regard, a correction from the current 38% is likely. I place limit orders on spot in the order book at prices 48048 47074 47047 46064 45054 45045 44044 43043 43034 42042 42024 41041 41014 Average price 44044 Experimental trading idea Repetition...
My Dear Robbers / Traders, This is our master plan to Heist BTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish...