I think that based on the current price and the Andrews Forks, it is possible for the price to fall to $25,971 within the four-hour period. Additionally, based on the occurrence of the second red candle, the fall can be predicted up to that point. Therefore, your profit limit can be around $25,971. Sounds good!
We see that the price is looking for a bearish liquidity. Since the general trend is in the downward direction, I find it useful to consider each of the rises as a sales opportunity. Those who have been watching for a while have noticed how weak the price is. In this search for liquidity, I tried to evaluate the points where the price could go up and...
The price is at the resistance and I believe it is going to retrace now. A short trade should be favorable here. The target should be 25996.
History trends demonstrate that powerful whales tend make significant purchases during moments of downward trends. However, it is important to note that not every downward trend indicates a bear market confirmation. As of now, BTC (Bitcoin) is still a contender for a long-term trend, with a high possibility of returning to the level of 27K and potentially...
Price Action Analysis BNBUSDT has broken out of the double-top pattern. The price is moving below the EMA200 line, confirming a bearish trend. Additionally, an Ascending Broadening Wedge has materialized within this ongoing downtrend. The breakout of the lower trendline further suggests the potential for a downward movement toward the designated target area. ...
BTC/USDT - 23000 will be a good entry point for further long movement
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) It is the same as what I said through the BTCUSDT chart. As the month of June began, a downward channel was formed on the 1M chart, a long-term perspective. Therefore, whether...
That was a significant drop. It has broken all the low time frame support levels and now likely to head for the next daily support. It seems the path is very clear for the BTCUSDT to move to daily support zone around 24296-24696. The price hitting that support would give a very good long opportunity as there will be enough liquidity to move the price significantly upward.
#BTC WEEKLY UPADTE In the weekly time frame, BTC is having the support of this 200MA but MACD crossover and sowing a bearish move. As we can see in the chart in the last 3 times when MACD did a bearish crossover then BTC drops hardly so this time too we may see some fall in the price. For more Quality Charts Analysis, follow us. I'm grateful.
Hey everyone, let's take a moment to discuss the current BTCUSDT levels and the exciting trading opportunities they present! As we've mentioned before, there are two important levels we need to keep an eye on. First, below the 28.5k mark, we have some intriguing shorting opportunities. This means we can potentially profit from downward movements in price by...
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The price is trading inside the 4h support turned resistance and it seems it is likely to go beyond it towards the next resistance zone sitting around 27636. Lets try this long with the target of next 4h resistance.
Looking for Buy opportunity according to the supply/demand , pattern and the price action . Long for BTC/USDT .
Bitcoin has formed a 🗻🗻🗻 Triple Top Pattern 🗻🗻🗻 near the 🔴resistance zone($ 27,240-$ 26,160)🔴, and a long-bodied red candle has broken the neckline. Bitcoin is currently completing a pullback to the neckline. I expect Bitcoin to go down to at least the 🎯target 🎯 I marked on the chart. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put...
Well I would love for BTC to meet those equal highs and probably buyside, cos on the line chart it's bullish
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1M chart) The StochRSI indicator is starting to show signs of declining. However, since it is still in the overbought zone, it can be seen that the uptrend is...
We talked about the price claiming the support zone which was the target of our short trade. I am expecting the price to claim this range and move higher towards the 4h resistance zone around 27636.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) (1M chart) If the price stays above the MS-Signal indicator, an uptrend is likely. Therefore, the key question is whether the price can sustain the move above 28923.63. The...