🏃♂️ Bitcoin is moving in the 🔴 Resistance zone($63,440-$62,690) 🔴 🌊According to the theory of Elliott waves , Bitcoin seems to be forming a main wave 3 (the next 5 impulsive waves). 📈In terms of Classic Technical Analysis , Bitcoin has succeeded in breaking the upper line of the Descending Broadening Wedge Pattern . 💡Looking at the chart of Market...
After breaking the descending trend line, the RSI now holds above its former resistance-turned-support. 100EMA is working as support. However, the MACD indicates flatlining momentum with no clear direction. Despite nearing a bearish crossover, we lack momentum for significant short-term movement. Expect subdued price action or sideways movement due to this lack of...
BINANCE:BTCUSDT price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.
BTC ~ 1W #BTC In the long term we still see a bullish pattern here. Be patient, Every dip we just keep buying. we'll let you know when we see a Bear zone emerge. here of course.
BTC ~ 12H #BTC On a slightly larger time horizon (12H), We see BITSTAMP:BTCUSD Moving in a descending channel. 2 scenarios for this. A break of this pattern's Resistance Line will break this descending channel pattern. or #BTCUSD Needs to Retest the Support Line in this descending pattern. this is only for the short term. we are still bullish for the long term.
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...
CRYPTOCAP:BTC ~ 1H #BTC At smaller times (1H) we still see a bear pattern here. We don't expect this to happen, but if the price goes towards $55,000 - $51,000, we will make very large purchases here.
BTC ~ 4D #BTC There is always a fakeout before further increases. We are still bullish on the crypto market so far. Our target is 10 - 15 months after the halving occurs.
🏃♂️ Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($61,800-$60,900) 🟡 and 100_SMA(Daily) and Support lines . 🌊According to Elliott's wave theory , Bitcoin is completing corrective waves , most likely a Zigzag(ABC) corrective wave structure. 💡We can consider corrective waves in the form of a pullback to the upper line of the descending...
BTC ~ 1D #BTC I don't expect this to happen, But it looks very bad if BITSTAMP:BTCUSD loses This Support Block. This chart will not be valid if #BTCUSD successfully maintains this support, plus succeeds in breaking this resistance line. then the bulls will be back in control.
This is the new long trade idea. The price is trading around daily support. It can dip a bit further but I think it has a good chance to bounce from here towards daily resistance DR1 and further. Lets try this long.
Hi friends nice to meet you I will share BTC RBI Bitcoin Is In Retesting After Breaking through Long-Term downtrend line. If the retest succeeds, the final goal will be at the top of the box pattern. Check the blue long-term upward trend line If there is a little more adjustment, it will be a target value.
✅ Bitcoin moved as I expected in the previous post . 💡Currently, Bitcoin has reacted well to the 🔴 Resistance zone($65,650-$64,200) 🔴. 🌊According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulse waves and now we have to wait for corrective waves . 💡Also, we can see Regular Divergence(RD-) between two...
My Dear Robbers / Traders, This is our master plan to Heist of BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned 2 plans with target in the chart Please look at the chart before entry, Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous area market is overbought /...
I was bullish before. but now I am bearish because the bottom point that needs to be protected is broken. There are two different scenarios, there is a liquidity below, if the price comes below that point, the decline will continue, but if the previous peaks I mentioned are broken, I can look bullish on the market, but I am currently bearish.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Long Time Frame Completed " 12345 " Impulsive Waves and Corrective Waves " wxyxz " Break of Structure RSI - Divergence Bullish Channel in Short Time Frame
Here is a new long trade idea. The last trade got stopped out in spite of the price bouncing from the support we identified. The price has currently moved lower to a 4h support zone 4HS1 and likely to bounce from here to provide a long trade opportunity. If this support breaks then we are likely heading for weekly support WS1 around 51000. Since the momentum is...
The largest cryptocurrency in the world recorded its highest levels ever Expected scenario: continuation of the upward trend Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to...