Hello fellow traders, if you like the idea, do not forget to support with a like and follow.
THIS IS NOT IN ANYWAY AN INVESTMENT ADVICE! DO YOUR OWN DUE DILIGENCE BEFORE TAKING ANY TRADE.
Bitcoin price is at an important launch zone here. The resistance though weak ( Price crossing psychological resistance of 50000 will make the 0.618 Fib retracement from last significant low to ATH & current Fib extrension resistance of 2.236 Fib level a weak confluence ), given the bullish daily candle, Bitcoin will face its first Hurdle on its journey to...
Good evening guys
According to the chart , we are in upward channel
We have some reaction to this channel and trend and we expect that this reaction is active and it can happen the price go up and continue their trend
But becareful it is high risk position and if the close candle can make hammer candle in 4h time-frame we can go and check the chart in lower...
RSI + Fibonacci extension + Bitcoin log growth curves: These 3 combined paint an excellent picture of where the trend at!
#Bitcoin bull runs are composed of ↝ 5 Waves ↝
➚ Wave 1: finds resistance at 0.702
➘ Wave 2: finally break to new all-time high
➚ Wave 3: breaches above 1.618 Golden Fib level
➘ Wave 4: finds support at 1.272
➚ Wave 5:...
Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
First of all I don't intend to scare or confuse you with this chart.
Neither want to portray a 2 arrow chart on up and down.
No matter where the price...
Hello my friends!
Currently, many see a small correction. Let us look into the past. We can learn from it. The last three times Bitcoin behaved in the same way. So why should the price development be different after halving?
The monthly closing price is important for Bitcoin. It is interesting that Bitcoin has never tested the monthly ATH again. The price went...
BTCUSDT Bullish Bat Harmonical Time Frame 15m-1h
R/R Ratio : 6.5
Get Confirmition For Entry with RSI & MacD Bullish Divergence on Point D
- This is Only for Short Term TRADING -
Hello everyone 😃
BTC is following our last scenario :
It just reached one of our major buy zones and gave us almost 10% from it.
Now because of the stop-hunt below the 40K's buy zone, I'm thinking about another leg-down with 65% chance to happen.
You can hold your bags till 44K and 45K's resistance zone,
- If #BTC shows any...
". There is a possibility of temporary retracement to the suggested support line (48086.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. BTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
So many bitcoin analysts find themselves surprised at what BTC is doing.
Apparently the old fractals from 2013 and 2017 aren't working any more, and now even the Wyckoff accumulation pattern seems to be failing us. What the hell BTC???
Well what if BTC changed its behavior at some point, I assume it must have been in 2018. The 2018 low was already very very...
Price is currently ranging / fighting a long standing(historic) trendline -- indicated by the yellow dotted line
It was a strong S/R level in the '19 run and also since Dec'20 - so ranging because of such a resistance is possible, but:
We see RSI breach into overbought territory(whiteox) when the trend attempts to take the previous...
hello Traders i hope you are doing well
Few days ago i shared Btc update and it played as expected
we did analysis on Daily Time Frame Btc breakout from cup and handle + inverse head and shoulder
market structure is super bullish everyone is panic about alts. Alts bleeding due to Btc.d...