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...
Bitcoin seems to have broken the heavy support zone, but to continue the downward trend, it is likely to create a pullback to the middle line of the descending channel and the 🟢 heavy support zone($ 26,400-$ 25,800) 🟢. Also, we can see Regular Divergence(RD+) between two consecutive valleys. I expect Bitcoin to go up to the middle line of the descending...
The price has come close to the daily support zone which we talked for HTF analysis on the first drop on 5th June. The price is still a bit short of touching the daily support. So it might dip one more time to hit it formally. But lets see.
As you'll see from my previous charts, I've been bearish since the 31s and been waiting for the current levels for reversal (the internal pullbacks didn't exactly happen as I thought, but bounce levels gave good reactions for smaller time frame trades). Most alts already have hit my targets or are about to hit, and Bitcoin is approaching an area full of support....
As the downmove from the 31k top seems to be a corrective move, being three wave structured, I am looking for a potential ending diagonal in wave {c} of 2. If I am correct we should briefly break the 25300 low, find support around 25k and then resume higher. Feel free to ask me questions and trade safe!
CME:BTC1! CRYPTOCAP:BTC is still in the falling wedge we have been following for a while now. For Long Ideas: We are waiting for reaction in highlighted Zone 24k to 25.6k for possible target to 30k to 31k zone. For Short Ideas: Waiting on bearish retest of the same Zone and possible targets are 21k, 20k zones. Today FOMC Interest Rate Decision data comes...
The price has hit the daily support and bounced from there. Did not look at that support level as the move down happened quick. But it bounced good from the daily support level 1DS1. I will long on a revisit of the price to or around this zone towards the daily resistance.
i did BTCUSDT Analysis on 15M and 1H TF! Wait for the Breakout and i have clearly mentioned the Take profit 1 and TP2! Breakout and Retest will be a strong Signal! Do watch for volume and i don't believe in indicators only price action & volume is the key! BTCUSDT Analysis on 15M and 1H time frame ⏰. STOPLOSS IS MUST! and depends on your portfolio! THIS IS...