Hello guys According to the chart, we are in consolidation zone and we are moving in triangle. But the price supported on the trendline and we should be ready that the price can go up one more time again and after that fall down. $$$ One thing is certain that the price will drop $$$ If you have any question send us your messages and we will help you Good Luck AA
🧠Yesterday we said that if the uptrend triangle support line is broken, the bullish idea of the small cycle will fail, in addition, our long defense point is also broken, which means that the long structure is broken, the double top short structure appears, meaning that the medium term adjustment is likely to appear, so we have to follow the change of...
BTCUSD The price made a strong bullish break above the Daily Resistance area around $30,000-31,000, and price is currently above support/resistance structure, after a correction towards the previous resistance turned support area if price holds above the support I expect the price to move higher... Trade Wisely *The content on this analysis is subject to...
#Bitcoin : Everybody wants a pullback. The way Bitcoin is holding the $35k level this could be another scenario to take into account. One more push before some short-term correction. NFA, DYOR #PEACE
👆We analyzed in the previous post that we have a cup-handle structure in the big cycle, so the general direction still belongs to the bulls, then we still maintain a positive and bullish attitude to do it.⚙️ 🧠During the mini-cycle we formed an upward triangle after two days of consolidation over the weekend, so it is reasonable to think that we will continue to...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) On November 9th, the first resistance range, 37779.56-38745.63, was touched. (1M charts) In order for the coin market to show a full-fledged upward trend, it must touch the HA-High...
➡️Yesterday, after we broke through the bull flag, there was a correction of more than 3,000 dollars, the volatility is very huge, so we should not forget risk management at the same time. When we have all the measures in place, we will not feel overwhelmed by the huge fluctuations in the market, because everything that can happen is within our expectations, so...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1D chart) The high point formed on November 2 has not yet been renewed. However, since the lows continue to rise, it is necessary to check whether the highs can be renewed on...
Bitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P Possible Targets and explanation idea ➡️Over 200 days in a range! We move impulse sideways Impulse. ➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant ➡️Now we are in a market stage when Bears and Bulls will...
I anticipate that Bitcoin (BTC) will experience a period of consolidation, characterized by a stabilization or narrowing of price movements. Subsequently, there is an expectation for the price to retreat to a breakout (BO) level, which refers to a significant price point where a new upward movement or trend might begin. Essentially, this suggests a temporary...
Bitcoin is forming a Cup and Handle pattern on the daily chart. If this pattern is successful, we are looking at a 10% price increase from the current price (34.8). The neckline is at 36K which is the immediate resistance. A move above the diagonal trendline resistance will add more confluence to this idea. After hitting this level, I expect a healthy correction....
⚙️The action we have to do after the completion of the goal is to reduce or close the position, and then patiently look for new opportunities, because we have been rising, there is no healthy sharp correction, so our upward momentum is very likely to weaken after we reach the goal of the big cycle, there is likely to be a big cycle of pullback.‼️ ⚠️So we need to...
BTC Technical Analysis Update. BTC Currently Trading at $36700 After a big upmove, Bitcoin started consolidating and formed an ascending channel pattern. Now, the BTC price breaks the ascending channel, and we can expect a bullish continuation for the next few days, with the price possibly hitting 40K soon. Thanks Hexa
For the Next month BTC will be hitting 38 K lets see.
➡️Yesterday, we finally reached TP zone 1 after 4 days of consolidation, although we went very hard, but successfully achieved the goal, congratulations to the friends who followed the Wolf King to print money.💰🍻🚀🌕 🧠We broke the short defense on the way up, and the short structure was broken, which means that we will continue to rise.📈 ⚠️Markets can change...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) The key is whether it can receive support and rise around 34110.32-34786.17. If it rises, we need to check whether it can rise above 37253.81-38531.90. This is because the...
➡️There was no update to the analysis yesterday because we were busy printing money and were happy that the market developed as expected and we had a big pullback after achieving our short-term bullish target. According to the Elliott wave theory, we completed the correction wave A with a full falling wave and are currently completing the main wave B with a...
🧠According to Elliott wave theory, we are currently moving in wave 5, and the four waves ahead are all small and not as big as the last full wave 5, so we may stop after completing TP zone2 and then take the ABC correction wave.📉 👀But according to the structure, we have risen all the way from the bottom of the smiley bullish structure, then we are most likely to...