BTC's inverse head and shoulders pattern breakout was already confirmed. However, it appears that BTC is facing difficulty breaking the 30k level for now, In the event of another rejection, it is possible that BTC will once again retest the breakout level. As long as btc price is below 32k, 25500 is possible Market depend on btc trade carefully
The price has bounced again from the daily support zone. Now it is trading around the resistance zone and a short is favorable here. The target should be 27560.
Hello traders, I posted a chart for BTC and we had 2 Scenarios, first one was to pull back and retest to 30k again from the support level of 27.1k and next one was 26k zone... and first Scenario is activated, and now we should wait for a rejection from 31k or 32.4k before opening short positions... and targets are 26.5k, 23.9k, 20.5k with stop loss of...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ** Analysis of the BTC chart publishes new ideas once a week. ** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations. ** Excluding the above situation, BTC analysis is listed...
Hello, friends. Nice to meet you Bitcoin Adjustment Started, Hope You Don't Overdo Your Buying Position I brought a 4H chart to help you guys I hope you look closely at the black upward trend line and refer to it for trading Everyone, fighting!!
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ** Analysis of the BTC chart publishes new ideas once a week. ** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations. ** Excluding the above situation, BTC analysis is listed...
#BTC :- Weekly close below $28k, ($27500). This doesn't look good tbh but we haven't seen a confirmation yet. The current weekly candle is important. Close below $27500 and I will consider flipping a decent portfolio size into USDT. Close above the $28.3k, I will analyze the chart again. The previous Daily Chart didn't invalidate yet. We haven't closed below...
According to the previous analysis, Bitcoin correctly completed wave A in the zone I expected (Sniper).🔫🎯👇 It seems that Bitcoin has formed a descending channel to complete wave B, which is the structure of microwave B of wave B is a Double Three Correction(WXY) . The general structure of wave B is Zigzag(5-3-5/ABC). I expect wave B to complete near the...
This short trade seems favorable at the moment. I am expecting the price to retrace here to 27290 level.
Clearly seems supply is in control, very likely we will have another leg down (A measured move) which looks to be an important demand zone. NFA
#Bitcoin tried to go above the HKEX:27 ,600 area and was rejected from there. The market needs to break and hold above this level to gain some upward movement. We might see more downward movement toward the HKEX:27 ,000 level. Keep tight stop loss in all trades.
Hummm,if you have a good eyes,you can see a lot of profits,,,see the left again
I think BTC is going to go down at least to 21k ish. But from here it might rise to 28600 or so. If it is the case the right shoulder of the H&S will be formed.
it's been a while to analyse BTC I drew it through the past chart pattern. thx
Hi, everyone👋 (Reading time less than 3 minutes⏰). Today I want to use one of the simplest and, of course, the most widely used technical analysis tools to analyze Bitcoin, the name of this analysis tool is " Candlestick Patterns ".😉 In general, candlestick patterns are used to enter and exit the trade and to understand the price trend in the chart. And the...
The price is at daily support but the demand really is dismal. This zone should be a good buy zone but the appropriate reaction is not seen from this zone. Price is holding here but there is no bounce. Such support should have given an immediate bounce instead of just holding the price. I am tempted to take a long here but giving it a second thought because of...
Bitcoin seems to have broken the ascending and descending channels & 🟢support zone($ 29,200-$ 28,730) 🟢 by the Head and Shoulders pattern . Of course, the decline in the price of Bitcoin was expected by me based on my previous posts in the daily time frame: (I suggest you view my previous posts). About the Head and Shoulders pattern, there are several points...
Bitcoin has been moving in a Descending Channel for about 3 days. The formation of the Inverse Head and Shoulders pattern near the 🟢support zone($ 27,820-$ 27,700)🟢can be a good sign of breaking the upper line of the descending channel. I expect Bitcoin to start growing after breaking the upper line of the descending channel. The increase of Bitcoin can be as...