The price was pushed down by the weekly resistance 1WR1. This was a significant drop which made the price drop by almost 15% from the recent high. The drop made the price land into daily support which is a strong support zone as there had been long accummulation in this area and therefore a sound bounce is expected from here. I think a long is favorable here. It...
BTCUSDT remain uncertain since last two weeks price have continuosly failed to breakthrough 44k region remain sellers strong hold. Still expecting price to bounce back and create a HH. There is high possibility that price even can drop 35k area if we see no strong bullish momentum in coming days. Comment Down your views on btcusdt?
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Im not sure which one we will see on next couple of weeks, but both options on the chart. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont...
12 time frame - BTC is approaching to the predicted top now, from our previous analysis, that indicated 48k is the top of this bear. However, considering the heated news about ETF, no matter truly or false approved, I think 52500 is the limitation for pump, so this is a proper position to set up a trading plan to short BTC with low leverage. Here are suggestions...
i will be looking for longs to continue the bullish trend on the higher timeframe if we get confirmation of it at the highlighted SnD. as always, follow your trading rules and position yourself wisely
The price has been trading inside and below the resistance for long. A few time, it managed to even go beyond the resistance zone, however, it did not manage to close above this resistance on 4h or 1D time frame. And this all price movement seems to be a consolidation before the upward move. Therefore, I think the breakout is near. A long is favorable from this...
The price is almost revisiting the 4h support zone. Lets long from this zone by slowly adding to the position. I believe this zone will hold the price and make the price move up towards monthly resistance. The target of this trade should be 43700 which is also the start of the recent break down and also the entry into the monthly resistance zone.
Hello 🐋 Considering the chart and my previous analysis, the parallel channel created. 👌💪 I anticipate more correction and range for first target (range of candlesticks both to the downside and upside).📚✔️ The subsequent target involves achieving additional upside gains, with a primary target of at least 43k to 45k📈🤞 👌 Attention: Take note of the price in the...
TRADE ALERT! BTC Ticker: BTC/USDT Entry:43800-43999 Take Profit: 45500-48000 Stop Loss: 40215 Risk to reward: 1:2 Technical Thesis: Bitcoin is making an inverse head and shoulder pattern ( bullish) For this bitcoin need to hold 42000$ level. We have neckline around 44000$ Once price breaks neckline with good volume then target can be 45500$ to 48000$
Dear Traders, BTCUSDT has been bullish ever since November, and it is likely to reach 48k area as price is extremely bullish at the moment. NFP will have significant impact on the price $BINANCE:BTCUSDT. We will keep you update as price move forward. We are neutral here and coming days price can reach beyond 50k.
Hi there . We see the char BTCUSDT in a abc wave . We in the C wave to reach the target shows in the chart .
The price visited that 4h support area and dipped further below before quickly moving up. The monthly resistance did its job. This bounce from the support should aim for the monthly resistance again. Therefore, a long is favorable here with a good entry. I will share a long setup in a separate post.
Hello, fellow traders! In my assessment, as depicted in the attached image, there's approximately a 50% likelihood of a price correction leading to a temporary drop in the range of $42,000. Looking at the broader, long-term trend and analyzing the chart data, the price movement appears to be on an upward trajectory, aiming for an initial target of $50,000. It's...
How high could this COINBASE:BTCUSD pump go? FWB:48K is a solid level to exit. There was a local low at FWB:48K in March of 2022. The Fib retracement level .618 between the ATH of SWB:69K and cycle low of $16k is at FWB:48K Many traders are talking about exiting at this level, which will bring selling pressure I can understand HODLing through...
(REPOST with better chart) We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess: We just closed 8 weekly green candles on Bitcoin. You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's...
The price is trading inside monthly resistance and experiencing the expected push back. The price action is suggesting that we might be looking for a visit to the 4h support zone which sitting around 41200-41700. That support level should provice a bounce for another attempt at the monthly resistance but it is difficult to say if that bounce will have enough...
BTCUSD is now close to the support level. If it does not fall below this support, it will rebound first to test the resistance level. If it breaks through, it will continue to rise and break through the previous high. If it falls below the support, the long transaction should be closed.
BTCUSD has started the November month rally towards upper side, It has reached 36k twice in this month and got rejected at the time of writing BTCUSD is trading around 35300.00 Currently 50 EMA is acting as dynamic support for the bull. october month high (35150.00) is aligning with current support level. We can see the pole and flag formation and the clear...