According to the models that I analyze through them, I predict that the price will move along the red line and generally along the green path.
The price was held back by 4h resistance around 27400 zone. And now it has fallen down to the daily support around 2700 zone. I expect this support to hold for now and provide a bounce to the 4h resistance zone around 27400 again. I believe a long is favorable here with a target to 27396.
Bitcoin was able to make a Falling Wedge Pattern near the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢. I expect that Bitcoin will go UP after breaking the upper line of the falling wedge pattern. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your...
BTC on the 3hr, tested support on a dump to 25.5. Way too much support and bounced. Finding support again. I'm thinking liquidity grab, then face melting pamp. LFG BTC, the time is now, bears about to learn today. If it dips to 25.5, it's a buy opportunity, good luck boys.
As I expected in the previous post, Bitcoin was not able to break the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢, but as Bitcoin always does, it created a trap(🐻Bear Trap🐻). Bitcoin seems to be completing the Bullish Pennant pattern , but maybe the ⚠️ low trading volume ⚠️ on Saturday and Sunday will affect the correct formation of this pattern. If Bitcoin can...
The price has hit the daily support and went down the support but on daily basis I expect this support to hold. That means a long is favorable here. Lets try this long with the target of 27049.
A potential bullish scenario : 1st ABC correction zigzag pattern with upcoming wave 5 of c-leg targeting 0.382 retracement of previous 5X motive wave move between 24-25K However, wave 1 and 3 in c-leg are extended, wave 5 can be the shortest wave and truncation is still possible. Action: A safer long entry can be placed when breakout downtrend line 2-4 or above...
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. switched my main scenario that we're in ending diagonal and now forming only wave of 2 of v. I Expect growth from current price(yellow marker) or through one more decline in 25-24k zone(orange marker). Main...
The price has hit the 4h support as marked on the chart and the support doing its job. The price has bounced from that support and currently trading at support resistance which also acted as a brief support during fall. The price may head for 4h resistance zone again.
It seems that the corrective structure of Bitcoin for a pullback to the broken resistance line is Expanding Flat(ABC/3-3-5) , which is considered a common corrective pattern. The end of wave C is located in 🟡 TRZ(Time Reversal Zone) 🟡 and 🟡 PRZ(Price Reversal Zone) 🟡 and near the support line (former resistance line). I expect Bitcoin to go UP to at least the...
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Yesterday the price hit the 4h resistance zone upon the bounce and was held back by this resistance. Since then it is consolidating under that resistance and likely to break it soon. The next resistance lies at 27400 zone which would be the target of the long trade which seems to be favorable right now.
I think it is a very good price to buy Bitcoin. We will have a very good rally.
If this area holds, we might see last leg up for BTC. This trend should be quicker than the 3 legs up combined with the same target. Daily RSI forming hidden bullish divergence too.
Now is again a level to long bitcoin. The first target is the last level before this drop.
The US Government will be defaulting sometime early June, this is a 1971 US default repeat where the US Government cannot depeg the dollar from a hard asset this time is indeed different. Why has this been the fastest rate rise cycle in history for the US and other leading GDP countries? simple they need inflation near zero to start QE to infinity to stop the...
This trade idea got triggered. Its a long shot but feels like its worth trying. I believe price is going to be higher from here. This was again a nice retrace to fill the long I was waiting for. Lets see where we go from here. I am targeting 28900.
Hi folks today I'm prepared for you BITCOIN analytics. Bitcoin dropped to level 27130, formed a support zone, re-tested it and, began to move up. The price rose to a resistance zone of 29800-30000, from which it rebounded, quickly fell to the support zone, and immediately rose and re-tested the resistance zone. Bitcoin continued its downtrend and reached support...