Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 28465.36. (1W chart) With this rise, the StochRSI indicator entered the overbought...
Educational Analysis says BTCUSD may move in this range for some time according to my technical. Broker - Bitstamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because BTC fair value gaps are unfilled in a 4-hour time frame. Although it is in an uptrend, the market may come down to collect sell-side...
⚠️Yesterday, after the news of the approval of the Bitcoin ETF was confirmed to be Fake , Bitcoin fell again after breaking the🔴 Resistance zone($28,450-$28,000 )🔴. 🔄Currently, the 🔴Resistance zone($28,450-$28,000)🔴 has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis. 🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in...
➡️It seems that we finally chose to break through the resistance area and continue the rise (path 2), and the resistance area turned into a support area. 🧠Now we are faced with an important area of resistance at the bear's defensive point, and it will be easier to break through after recharging the momentum. If we successfully break through the short defensive...
🚀 $19217 could be the low before Bitcoin finally takes off! 🚀 Please read the following to understand the reason why. 🔍 Let's rewind to 2017: Bitcoin, at its peak, saw a significant drop from 20k to a seemingly daunting $3124. Panic ensued, and the '1k charts' prophecy loomed. Many influencers are lost till today who were too stubborn to accept the reality! 💡...
what is Bitcoin Halving? Bitcoin halving is an event that occurs every four years and reduces the block reward for verifying transactions on the Bitcoin network. This reduction in supply helps to control the overall inflation rate of the cryptocurrency and maintain its scarcity. The next halving is expected in April 2024. Chart Overview: The chart above...
🧠We mentioned earlier that the target area of the smiley face structure has been achieved, then a healthy pullback is necessary, so I prefer path 1 to occur, combined with the chart of smaller periods we found the rising wedge structure (generally through this structure model down).📉 ⚠️Note that because the overall structure belongs to the bulls, so do not expect...
The price has been consolidating here for almost two days. The current daily candle is likely to stay and close red. However, it is alright and it does not impact the strength the price has towards upward move, negatively. In fact if the price goes a bit more down (at least to the 4h support 4HS1 zone or further down till 27300) before the daily close with a...
➡️As I mentioned in the last post, the target area of the smiley face structure has been achieved, so there is a high probability that adjustments will occur next. Because we are near a very heavy resistance zone, a healthy correction is necessary if we want to continue the rally. (Path 1) ➡️If it breaks through the resistance zone directly and stabilizes, it...
🔨Bitcoin seems to be breaking the Ascending Channel and 🟢 Support zone($27,580-$27,300) 🟢. 🌊According to Elliott's wave theory , Bitcoin has completed a Zigzag correction(ABC/5-3-5) in the ascending channel, but we have to wait for the next moves to confirm the end of the main wave B . 💡Also, the RSI indicator managed to break the Uptrend line and is...
👋Hi everyone. 📈Today, I decided to analyze Bitcoin almost completely on a weekly time frame with the help of technical analysis tools to give you a good view for the mid-term . ✅After rising almost ➕15% for the past four weeks , Bitcoin has started to decline again (as I expected in previous posts ✅). ☠️One of the reasons for Bitcoin's fall again...
Here is a long idea for BTCUSDT. The price has been trending down after the peak it has made. The price bounced from hourly support but got rejected from 4h resistance 4HR1. It seems that the price is heading to the next support which is 4h support 4HS1. This support shall provide bounce for a long trade and therefore a long trade is favorable from there. The...
The price is consolidating around the daily support. The price tapped that liquidity zone thrice and still trading above it. This is indeed an accumulcation for a upward move. The volume is low and still price not able to move down. This clearly indicates that it is accumulation and the price is due to move up. I think soon we will continuation of upward move...
👋Hi guys, I hope that you had a great weekend.🥳 ✅Bitcoin seems to have managed to break the 🔴 Resistance zone($27,600-$27,300)🔴 by Breakout Candle and is currently completing a pullback to this line. 🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern. 🔔I expect Bitcoin to rise toward the 🔴...
➡️As early as September 28, I came into contact with this shy girl, and like our pursuit of girls, it was full of twists and turns.❤️ ➡️When we came to the resistance zone, I thought we were going to succeed, and the rejection that followed made me question, can I really pursue it❓ ➡️When we came to the double-bottom multi-head defense, I was almost dejected and...
💥With the announcement of the true or false news of the ETF, the market has experienced wild fluctuations, resulting in most people lying in this silent slaughterhouse. Those who did not have any sense of risk management ended up in a pool of blood, unfortunately.🙏 🧠In any case, according to the technical point of view, the short structure is completely...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 28465.36. The intensity of the decline is increasing as the StochRSI indicator falls below...
We have found a very interesting fractal movement of the BTCUSDT price, which now has a chance to repeat itself at least partially. So, we'll try to take a long position. Entry = buy zone $26456-26681 with a potential average price of $26569 Stop = $25764 (-3%) TP = $29180 (+9.8%) P/L ratio = 3.25 We allocate $10,000 for this trade In the event of a mistake,...