Your own risk Do not forget to like and comment Show our charts to your friends bitcoin For Ever
Btcusdt has been trading in a vivid falling wedge for a while but I'm skeptical on why a falling wedge should have a negative dent on cryptocurrencies as a whole. Right inside the wedge , I was able to identify a formation of descending channel leading us straight to the edge of the wedge . We could prolly see a breakout from the wedge or the descending channel...
Welcome back Traders, Investors, and Community! Hi Traders, BTCUSDT on H1 is in the Bearish channel, it seems that after the rejection from the lower band of the channel because of the pressure from the bears it couldn’t go much higher from the band, I think before reaching the upper band of the channel it will reverse and go down to 31685.0 and then 30115.0...
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you...
BTCUSD Technical Analysis LEVELS OF SUPPORT AND RESISTANCE
From the classic point of view, it is true that there are many patterns of climbing in the chart, but seeing these patterns are only a good trap for beginners and classics, so be patient for now and look for signs of shopping in the green line. The maximum pullback is $42510, then wait for it to fall. The disadvantage of this penetration analysis is $43625. At...
The four-hour timeframe reacts in the same node and for the second test, so that this node is not engulfed, do not think about continuing to climb. After reaching the blue box, wait for $35515 to be seen and then think about continuing to fall ----- The two-hour time frame is still involved with the node that infiltrate takes to the next node, the second node...
BTCUSDT has crossed a major Resistance and after the retest is continuing to go higher. From the technical aspect it might pullback to 37581.7 and then again continues to go higher. SL @ 36192.6 TP1 @ 40364.5 TP2 @ 42458.1 TP3 @ 47050.0
Yesterday Bitcoin made two attempts to cross 40K zone, however sellers pushed it down. I have mentioned this in yesterdays analysis where I mentioned as long as it stays in marked Green zone, we are bullish. If you haven't read it yet, I will put the link below. Now after moving sideways for few hours, looks like Bitcoin is heading towards another round with 40K...
Hi guys! We have multiple scenarios in Btcusdt. Weekly candle looks really bad. So pls be careful when you are trading. Pls you can create your own strategies with this possibilities. BINANCE:BTCUSDT
One of the best levels of demand and price returns can be $26920. Reaching a safe shopping point is a condition of the red box box ($25600), which can be quickly happy at the bottom two points, and then we will see the price return, and the probability that it will remain in the side range for several days (currently it is unlikely). Within the same daily time...
Bitcoin has been struggling from past few days. Credit could be given to numerous factors including suspicious Elon's tweets :) Anyway, we anyhow predicted it earlier that BTC is under correction wave and it will touch Point C at round 44K and it did. If you haven't ready my previous analysis, I will add a link for you under related ideas below. Going by the...
The trend is still declining and the climbs are just pullbacks and collecting Sell orders. The stop is marked in the chart and if it is seen, it can continue to climb, which is very unlikely. The only level of safe shopping are the two green lines. To see this target, you need the orange line engulf at $37224 The first part of the fall after the pullback in a...
Hi guys btc is in correction as it formed double tops and didn't break it so now personally i think it will either retrace from 0.6 fib or 0.5 fib after that we will see the price moving towards the double top again breaking it and moving to the next resistance Hope you enjoyed my idea Leave a like and follow me for more updates Thanks