Hi friends, thank god it can only go up or down, 100% it will go right. We have a breakout for 4 hours, a retest for 4 hours and we are getting off the ground on the daily chart, if this fails, tomorrow will not be good. If it goes well, we can look forward to a nice retest
#BTC UPDATE
On 12H, BTC is about to break out of a lengthy falling wedge. The MA 100 and the Ichimoku cloud are both providing resistance to the descending wedge.
A firm breakout of the falling wedge would indicate a significant bullish rally in the market at this time, when the price has retested above the horizontal support.
Let's understand deeply
Bitcoin...
Bitcoin is still moving in the descending channel.
Also, Bitcoin is moving in its main bearish wave 3.
I showed you the 🗺️Bitcoin roadmap🗺️ in 1-hour time frame using Elliott wave theory.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this...
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(BTCUSDT.P chart)
(1D chart)
The creation of a new uptrend line (1) created an uptrend channel corresponding to uptrend lines (1) to (1-a).
This is an uptrend channel with a steeper slope...
Buy structure in small timefrimes , 1min imbalances, close to .88 fib and buy to sell/sell to buy candles.
Trying to enter in a sell and close it to get the buy one. Buy is the major trade
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(BTCUSDT chart)
(1M chart)
From a long-term perspective, it is expected that the price will continue to rise only if it rises above 28923.63 and maintains the price.
Before that, we still...
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(BTCUSDT chart)
A drop below 26574.53 and resistance could lead to a sharp decline below 26013.28.
This sharp decline could lead to a downward move around 23141.57, so a countermeasure is...
BTC Bear Flags been playing out one by one.moving BTC further down.
After dumping to 25.8K btc did not bounce backup showing signs of weakness and forming a bear flag too.
Bitcoin couldnt even retest the support line of the previous zone.Wating for 25,1 today.
Thanks for watching
Bitcoin can reach $20,000 because the strong resistance is $30,000 and the slope above $16,000 cannot be a good slope for it, and it can be ready for 20,000.
Based on last analysis shared we were able to meet Target 1,2 and 3 respectively, however T4 was only half way through. Which now has created a new strong Resistance zone near 27,450-27,500.
Market is still range bound. Presently taking support (26,720 approx.) on Sunday's May 21st day's low and has created high of 27.495. Most of trading levels are still same...
Bitcoin managed to break the resistance line successfully.
Now Bitcoin is pulling back to the resistance zone and the resistance line that has been broken.
The pullback structure is in the form of a falling wedge pattern, and if we look closely at the chart, we can also see a bullish pennant pattern.
I expect Bitcoin to grow up to the resistance zone after...
Bitcoin market structure indicates a downtrend. 30k area is a highly battle area for BTC, and we see the BTC lost this fight. We can easily see the BTC comes to the August 8, 2022, range in the coming days.
News:
Biden's harsh comment for crypto traders is concerning, and the FOMC meeting is being held today, and the market is already priced in both scenarios....
Bitcoin is moving near the bottom of the ascending channel in the 15-minute time frame.
I expect Bitcoin to go up to at least the resistance line.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad...
Bitcoin Exited The Bear Flag and consolidating below its support line. If we lose it there could be a price dump to the range of $23,800 to $25,100.
It could also have a small pull back up to 27.4 before losing the bear flag (jebaiting more long position)
Moved some trendlines and levels.
Thank you all for the support Comments,Follows,Boosts and sharing it with others
Based on my analysis and current market conditions, I have shared my levels which I am following today for my trades. Today I will be Only buying on dips each time price takes supports on any of shared levels. Normally I love to trail my profits, however in current situation today I will be booking full profits each time a level is achieved and rejection is seen...
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Traders, welcome.
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Please also click "Boost".
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(BTCUSDT chart)
(1M chart)
(1W chart)
Looking at the StochRSI indicators on the 1M and 1W charts, we can see that a change in slope is occurring.
However, since it is located in the...
Could be disputed, Could be wrong, depending on which theory you believe in.
it has never been, and doesn't have to always be, but it was.
So what will it be ? it could be what will be !
