Bitcoin is trying hard to get back above the blue MA. Struggling to get back above the 23k. Considering the body close price has already broken the pattern whereas if you consider the wicks Price is still on support. Which one will work here? I don't know honestly. One thing is for sure, as long as $22.6k holds BTC can hit the $25k level again. Only if $25k breaks...
BTC is now need a correction after this small up trend there is a dump possible.
An idea regarding the situation and movement of Bitcoin, maybe it's completely wrong, but if everything goes as planned, it's an ideal situation. Thanks for your opinions and information
The price has reclaimed the broken 4h resistance support. This indeed paves the way for the price to retest the 4h range high at 23300.
BINANCE:BTCUSDT BTC is in a falling wedge and at support. Has 68% chance to breakout, however, overhead resistance from price structure and 4h 50MA (yellow MA). Break and hold, look to LONG. If the white level is lost look to short but watch for a fake out. The market doesn't have volume, let it provide direction and execute Plan A or Plan B. If you liked...
Last day the price broke the purple support zone But pullback has not reached this area Therefore, the divergence of recent lows is also observed in the rsi indicator If the yellow downward trend line is broken in the rsi indicator and at the same time; If the price can break the red zone, we can expect the price to rise to the purple zone
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 BTCUSDT-Bitcoin 🔰 LONG 🟢Buy now or Buy at : 22315.30 ⛔️Stop Loss : 21448.15 🌀Take Profit 1 : 23828.65 🌀Take Profit 2 : 25222.95 🌀Take Profit 3 :...
Hello guyz!! Bitcoin currently trading now at 22889$. from last 5 days bitcoin trading.... in a down trend. bitcoin bounce back expected from 224000$ ( if you want open trade in long at this price) if bitcoin brok 22400$ support then possible we see bitcoin price at 21100$ ( soo manage trade in proper way) CURRENTLY.... rsi indicator is bearish on 4H time...
The price hit the 4h support area which is also a daily support area. We will see a bounce here probably. This bounce has a probability to at least reach 23300 level which is a 4h resistance area. We will see how the price action is once the price reaches that resistance level of 23300.
I see a long position forming for BTCUSDT. Looking at the current trend, I believe that BTCUSDT is on an upward trend and could possibly increase in value. I suggest taking a BTCUSDT limit order (my interested leverage is 5) position at 22890.5, with a stop loss set at 22664 (a 5% loss), and take profit set at 24098 (a 25% gain)
This current 4h candle (UTC 12:00 - 16:00) has a higher probability of being a green one.
The current 15m candle (UTC 8:45-19:00) has a higher probability of being a green one.
This weekly resistance range is indeed a strong one as price is not able to easily move above it even on intra week basis. However, once price trades above this resistance for a a day or so it is more likely that the weekly candle will close above this resistance zone. By looking at the several attempts and the price trading longer in the resistance zone rather...
hey friends. btc usdt long. its my personal idea smc indusment
So the last post talked about getting the support around 22860 and bounce. It bounced yesterday and again today from that level which is 4 hour support area. Now it has blasted through the recent 4 hour resistance sitting at 23200. Price is also trading currently above the monthly resistance and inside the weekly resistance zone. Lets watch the price action but...
Hi Traders, Investors and Speculators of the Charts 📈📉 Here's a quick 3min video for a potential long-setup on Bitcoin with an entry point, a take profit point and a stop loss point. Here's my previous analysis on near term price action on BTC, which played out almost exactly: _______________________ 📢Follow us here on TradingView for daily updates and...
As mentioned before, the price touched the low of the 4h range after falling back into the range. Now it should bounce and at least hit to the next 4h resistance zone.
BTC on a bullrun AGAIN !!!!! there is a good chance to even hit 24k/ 24.5k / 25k