We expcted a pullback from 4h resistance 4HR1 and thats now a reality. The price has been rejected from 4HR1 and now it has come down to the daily support zone.Our decision to take profit at 4HR1 and then look for long opportunity on pullback was a optimal one. According to my mention in the last post, I am sharing the setup for the new long opportunity on this...
We were right at unloading the position there mentioned in the last post while it was still in profit. The price has gone down drastically from that and that 4h support did not hold. Now the price has come down to the weekly support WS1. I think there is good probability that the price will find support here and there will be good bounce for having a long trade...
BTC ~ 1D 📈 #BTC Form a Bull Flag Pattern. if it succeeds in breaking the resistance line of this pattern, perhaps a new ATH will form between May - June. We will update further if there are changes in Trend. quick.
BTC ~ 1D Updated #BTC, For now #Bitcoin Has Important Support at $60,000. This support needs to be maintained to keep the price from falling any further, apart from that CRYPTOCAP:BTC also has Classic Support Ema100 at a price of $58K+
We expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity BTCUSDT I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
And here comes the setup as promised. The price has hit the daily support and has bounced from there although not significantly. Howeverm it is currently trading above that zone and it seems likely that the price will push upwards during the day and that should result in a green daily candle today. We will reevaluate the price action at the end of the day to see...
Here is a trade idea on the long side for BTCUSDT. The price has been trading under the hourly resistance (removed from the chart, but can be seen in the connected post) and now it has trading inside that zone. I mentioned in my last post that I am inclined towards an upward move and I think it seems more plausible with the price action shown in past hours. The...
So here are the various support and resistance levels which are relevant for the current price action. The price has been rejected from the daily resistance DR1. It tapped the daily resistance DR1 and started moving down. The first support is the hourly resistance and the price may bounce here temporarily but not significantly. The next significant support is 4h...
The price was pushed down by 4h resistance 4HR1 as we were expecting. The pullback happened and the price went below the 4HR1 zone. I believe we still have move to the upside left and soon the price will continue its upward journey towards next resistance 4HR2 and then very likely towards DR1. Now the question is if the price will start moving up from here or does...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Both possible options on the chart, decreasing in 60-55k (if wave of iii was alreadys setuped). If not, then waiting for last upward movement before correction in 79-84k zone, after that will be midterm...
The price broke down invalidating our previous trade. Currently it is bouncing from 4h support 4HS1, and I have taken a small position here which I will close around 65000. The price is approaching towards daily support zone DS1 on this drop. This is a broad zone. However, the more robust area is the mid of the zone marked in dark green shade. I think the price...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. My midterm (6-10 months) expectations on BTC. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. DYOR!
Took a long here. Lets see where it goes from here. There is a support level down if it breaks down from here. If this fails, will take a long from there.
My current TA suggests the next move for BTC is coming. However, which way? There are two possible scenarios. Scenario 1 will be an upside move with a move towards 77k. Scenario 2 will see a corrective move for BTC. I personally believe we will see scenario 1 play out. Most traders believe BTC will see a corrective move and I feel there will be a lot of short...
This is simply ballistic. The major resistance before this move to all time high was 50k-52k region. The price shied away just a bit there before breaking that level and moving up.This itself tells the story of the strength of the moves in the past couple of weeks. The only resistance, which was left, was a weekly resistance at WR1 level but at those levels, its...
This is my latest analysis for BTCUSD. We all know we just reached our previous high again of SWB:69K this month. Well, BTCUSD still have room to move. Right now we've reached a NEW high a little over $70k. BTC can continue to push for $80k or we can pullback for a retracement before we move to our ultimate target of $100k. I'm not saying $100k is the last...
Btcusd Break the short time frame Resistance and already Break the main time frame Resistance. Btcusd looking good for bullish move and must be going For New All Time high. You can trade on btcusd in the long direction side as strong bullish move expected in the upcoming days as Well