BINANCE:BTCUSD On the weekly chart we have entered the sales zone. Our expectations are to receive a correction into the favorable zone for buying BTC indicated on the chart. Priority to wait for the end of the correction and set the BTC position in the buy zone 30000$-35000$ P.S (This is not an investment recommendation, this is my personal opinion.)
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction " ab " Completed. Consolidation Phase as an Corrective Pattern in Short Time Frame and Long Time Frame and Rejection from Upper Trend Line. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line
Low Time Frames are starting to build the expected coming move, High tf's Previous slow and structure and still safe for this move, Expecting a move before weekly close, 51000 should be the last hit before the coming storm.
In my last BTC idea i said it wasn't a good idea to be bearish and it turned out, indeed it wasn't. Idea here is self-explanatory but it can look more cluttered when shared so a little explanation. The whole thinking is shaped around the Nasdaq fractal and an up only scenario, which is unlikely IMO. Between the three, blue option is my favourite as it'll stop...
The price was pushed down by the weekly resistance 1WR1. This was a significant drop which made the price drop by almost 15% from the recent high. The drop made the price land into daily support which is a strong support zone as there had been long accummulation in this area and therefore a sound bounce is expected from here. I think a long is favorable here. It...
In 2023, the Bitcoin price followed a steady upward trend. This trend can be well "packaged" in a channel. Where do you think the BTC price will go in early 2024? The beginning of a correction with a final target of $32000-32500 or Continued "creeping" growth to the $50,000 area Pls, writing your opinions at the comments
✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post . 🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary...
Based upon cycle & liquidity i have shared my plan for BITCOIN which i will follow in next few months #dyor
I do not see any bullish update after Bitcoin Spot ETF. Targets 44k, 42.2k, 40.5k, 38.4k, 36.8k, 35.1k invalid below 52k
Looking at the C-Wave move down to complete the bear market Liquidity above 48200 taken out Bearish divergence on weekly and daily Let's see how this plays out
👋Hi, everyone. 🌐Today, I want to explain to you the possible scenarios for Bitcoin; during the last week and the beginning of the new year 2024 , Bitcoin has been affected by the News , and we have seen Pumps and even Dumps , so before the SEC decision In the case of Bitcoin ETFs , it is better to trade a little more carefully . That's why I didn't...
Date: January 11, 2024 Overview: Bitcoin has continued its ascent in the cryptocurrency market, showcasing a bullish trajectory on the weekly timeframe as observed on Bitstamp. This report delves into the key technical indicators to provide a comprehensive analysis of BTC's current market state. Price Channel Analysis: Bitcoin's price action has been...
Even with BTC buyers pushing it to 47k, they seem stuck outside the Bulls' original trend channel from back in December 2023. Numerous attempts to re-enter the channel failed, notably at $45,900 and $47,900, resulting in catastrophic rejections. While some may see this as bullish, it signals strong bearish potential. If the weekly chart doesn't close above...
According to my analysis model, the path of movement of BTC will be like this. plz follow your capital management.
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($44,800-$44,160) 🔴 and Inside the Ascending Channel . 🌊According to Elliot's wave theory , wave 3 ended near 50_SMA(Daily) , and now we have to wait for the confirmation of the end of wave 4 . 🌊It seems that the structure of wave 4 is the Double Three Correction(WXY) . 🌊With a lower line of ascending...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1W chart) The key is whether this week's candle can close above 43823.59. If it fails to close above 43823.59, I think there is a high possibility of a decline since it is the 5th week of...
I don't see situations in the market at the moment, but the picture on bitcoin is very interesting, I see several situations for entry on it. 1 hour chart: almost filled the 4 hour imbalance and accumulated liquidity on both sides, from which I would watch the reaction. Long POI: - Compression (41920): in the moment would watch the performance of the off on the...