Just as a heads up: BItcoin has made inverse Head and Shoulders, and pulled back to its Neckline. We can expect the target as shown on the chart. This is long term analysis, so we DO NOT expect to reach to that target very soon.
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. 2 options on the chart now a rollback to the 27k area is likely (to retest the broken channel), Fixing BTC above 30k will send the price to the 35k area. Return under 26k - let's go test the 23k zone In any...
Hello everyone. Today I want share my idea about Bitcoin. Last week we saw fake out and then bounce from Fibonacci LVL which was on 25300, the bounce what we are looking now is pretty strong, it retest support and with low but green candle going up, it don t need lot talk what I am looking Bitcoin will show us soon power. With bitcoin last strong move USDT...
2 scenarios According to the trend lines created in the daily time frame, the blue trend line (TL1) will drop from 25500 to 24100-23850 and then move towards 34000. In the second scenario (TL2), Bitcoin will drop to 21100 and then reach 34000. Blessings in your life :)
The Descending channel is now broken, we can expect the first target at the mid-line of the same channel, and the second target at the top of the channel. Enjoy your trade, at your own risk management.
Hello i'm seeing this falling wedge on the BTCUSD pair (bitstamp) im expecting a strong bounce from 25200 25400 area let me know what you think about this idea
The price has been rejected from daily resistance 1DR1. I think this push back from that resistance has created another small long opportunity. The price may move up to the hourly resistance 26980.
Analysis: LTF The last long trade idea almost reached to the target but did not quite hit it. I think the price action is suggesting another long opportunity with a target towards the daily resistance this time. The price has been consolidating for long in this range between 4 resistance 4HR1 and 4h support 4HS1. The price action has been very slow with very low...
As you may already know, Bitcoin has been on a steady upward trend in recent weeks, and it looks like the next major resistance is near the $27,500 level. This is a significant milestone for Bitcoin, and a close above this resistance might spark bullish moves in the near term. Furthermore, Bitcoin has already broken through the Fibonacci .23 level, which is a...
Btc formed a harmonic Pattern on the consolidated at 24700 and is going to go test resistance
4h time frame - Despite we suffered some big vibration from many news. We still successfully reached 27k with very exact time prediction as analysis on June 6th.
4h time frame - BTC still creating a falling wedge. With this time structure. We will see 27000 around June 20th. Then can judge breakout wedge to 32000 or get rejection again.
my past idea if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
25K - The second most important level after 30K (which BTC rejected from - link here ) 25K is the neckline of inverted Head & Shoulders pattern, which if completed, could see BTC heading towards 34,5K (regular) or 40k (logarithmic) target. After coming into contact with 30K level, BTC has drifted down in an descending channel or a falling wedge, making it's...
#BTC UPDATE On the daily timeframe chart, #BTC is still advancing inside the wedge pattern and is currently situated above a major trendline. A potential bullish rally of about +20–25% might be anticipated if Bitcoin maintains its position above the trendline and successfully breaks out from the wedge to the upside. However, a bearish rally towards 21.5k may...
The price is trading below the weekly and daily resistance confluence. All the relevant support and resistance levels are marked on the chart. I think it may still try to reach that resistance marked as 1DR1 before a significant pullback. A short will be favorable if the price hits that 1DR1. I will post the trade setup if the price reaches there and I am there to...
BTC again enter in bullish phase.The breakout of 4H channel done once its retested will go for LONG. This is 4Hr TF analysis,See my previous post for 1D TF analysis. If this post was useful,do like & share it to your friends.
Hi everyone! We have an interesting confluence of patterns on BTC/USD. First, we have a bullish pennant pattern, so we can project the price according with the resistance breakout. Second, there is an imbalance zone or price inefficiency that has not yet been mitigated, so the price will probably go to balance this area. Third, the elliot wave pattern coincides...