Daily Chart Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension. The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new...
🏃♂️ Bitcoin is moving near the 🔴 Resistance zone($69,000-$67,800) 🔴. 🌊According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . 📈The Classic Ascending Broadening Wedge Pattern is also visible in the chart. 🔔I expect Bitcoin to fall to at least near the Support line after breaking the lower line of the Ascending Broadening Wedge...
🧠It's a pity that we didn't continue the momentum of the double bottom bull structure. And it fell below the support zone, and the support zone turned into a resistance zone again. Since our monthly closing price closed above neckline 2, the probability of us continuing to rise is still very high, so we can still be bullish.📈 ➡️Therefore, if the price returns to...
BINANCE:BTCUSDT.P BTC is showing Bullish Pennant Pattern in the 1D time frame and the price may increase between 71k and 73k if support is found from the underlying trendline. brake the trendline below, price can down between 61k and 60k!🌈🍀 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money,...
Bitcoin's recent price action has seen it fill the CME gap, suggesting that selling at current levels may not be the most strategic move. Instead, this zone is now viewed as a buying opportunity. I anticipate that Bitcoin will reach 76k in the coming days. There are two likely scenarios: the first involves a direct bounce from the current zone, while the second...
✅As I shared with you in previous posts, Bitcoin attacked the 🟢 Support zone($69,000-$67,800) 🟢 two times. 🏃♂️Bitcoin is moving in the 🟢 Support zone($69,000-$67,800) 🟢 and near the Support line . 🔔Based on Market Cap USDT Dominance% (USDT.D%) conditions, I expect Bitcoin to rise to $70,200 at most and then attack the Support line . The Rising Wedge...
We can see that BTC perform 2 pattern : BULLISH CHANNEL UP This pattern still perform but cannnot break triangle resistance. to make sure bullish, $71.472 must break up and if we have it, next bullish target at any price at channel up resistance but before this pattern broken down, we still have one classic support and resistance around fibonacci 0.382 $68.544...
Since making an ATH on March 14th, Bitcoin has been in a correction. Following the March 20th bottom, Bitcoin is making HHs and HLs. I have my reservations about the PA. However, the price is what matters. We trade the chart. Not our opinions. On the 4H chart, bitcoin forms an ascending triangle. It tried to break above the 0.786 fib retracement at 71.1K four...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($73,700-$71,800) 🔴. Above the 🔴 Resistance zone($73,700-$71,800) 🔴is also an important 🟡 Potential Reversal Zone(PRZ)($82,800-$73,700) 🟡. 📈From the point of view of Classic Technical Analysis , it seems that Bitcoin has succeeded in breaking the lower line of the Rising Wedge Pattern , and there is also the...
The largest cryptocurrency in the world recorded its highest levels ever Expected scenario: continuation of the upward trend Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to...
🧠We started to rebound after completing the hourly correction, and there was a large divergence after reaching the stage resistance zone, so it is reasonable for us to fluctuate sideways here. ➡️And I also said in my previous post that after we completed the daily-level and weekly-level goals, there was no adjustment corresponding to the cycle, so we are expected...
We have entered the second quarter where markets will make sharp movements. Determining the ranges beforehand is a master's work and not accurate. However, I think the points I have highlighted in blue have the potential to create a nice range. After the deviations here, I think the price could suddenly reach 90K. Before this 90K move, maybe we will make...
A bullish flag pattern can be seen in the 1H time frame and if the above trendline breaks it, it can go up between 72K and 73K. If you can't do that, if you break below the trendline, you can go down to 64k again!👀🌟 BINANCE:BTCUSDT
The price was pushed down by 4h resistance 4HR1 as we were expecting. The pullback happened and the price went below the 4HR1 zone. I believe we still have move to the upside left and soon the price will continue its upward journey towards next resistance 4HR2 and then very likely towards DR1. Now the question is if the price will start moving up from here or does...
Hello guys. Be assumed this way for bitcoin by EW . So I expected we near the 80000$ touch third wave and start the correction for forth wave and start to get fifth wave at 103k
💥I'm happy that the market developed as expected. We successfully broke out of the triangle and started pumping, and successfully reached the target area I was expecting. Congratulations to the friends who followed Wolf King to print money and made huge profits.🎉💰🎊 🧠From a structural point of view, if we want to achieve the ideal goal of a double bottom long...
BTC/USDT: The price of Bitcoin is currently attempting to break out of the trendline resistance for the 5th time. I believe that this time it will successfully break out and experience a significant upward movement. In the event of a fakeout, there is an alternative scenario where the price may retreat towards the 60-59k range before bouncing back up to 72k....
🏃♂️Bitcoin is moving in 🟡 Potential Reversal Zone(PRZ)($66,120-$65,350) 🟡 and Resistance line . 🌊According to the Elliott wave theory , Bitcoin seems to be able to complete the Zigzag Correction(ABC/5-3-5) in PRZs (🟡 Potential Reversal Zone(PRZ) ($66,120-$65,350)🟡 has more chances). 💡Another sign that we can point to Bitcoin correction is the...