#Bitcoin Liquidity below the $60k has been taken. The price bounced right from the second EMA. The third EMA is around $58.3k, The level I've been talking about in my previous updates. The weekly close will provide more clarity. Stay tuned, I'll keep this chart updated. Thank you
Based on the previous analysis method that was done on May 22, 2022 and referred to in this analysis. Bitcoin has already gone through two 26-week uptrends and a half-16-week uptrend. In the analysis based on my method, the bullish period of Bitcoin will end in the next 4 days and the bearish period of 10 to 26 weeks is ahead. The end point of this downward...
2h time frame - BTC is creating a small triangle structure, the liquidation zone of this structure is 44500~45300. Look at the bigger picture, 45000~45430 is the PRZ, which is made from 0.382 Fibonacci tool and project target at 35700~34500. Also, this PRZ(45k~45.4k) is the potential right top of a big double top structure, so this zone would be good to try short...
Hello Traders! This is my idea related to BTCUSD H1. I expect a retracement until the resistance level, after that, I will look for a long entry. At this stage, I see Bitcoin as more bullish than bearish. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
👋Hi, I hope you had a great weekend. ✅ As I expected , Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢 . 🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($44,700-$41,780) 🔴. 📈Regarding Classic Technical Analysis , it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern . 🌊According to the theory of Elliott waves ,...
TRADE ALERT!BTC Ticker: BTC/USDT Entry: 42,000-42,600 Take Profit: 44,500-46,000 Stop Loss: 38,678 Risk to reward: 1:2 Technical Thesis: Bitcoin / USDT In 4 hour time Frame showing inverse head and shoulder pattern which is a (bullish) pattern. Price broke neckline and is moving up.
#BTC Buy Setup Even though experts and traders don't want it, the cryptocurrency market is more focused on real-world factors instead of technical analysis. Everyone is waiting for the SEC's decision, and it's likely they'll approve spot BTC-ETF applications. The initial market reaction can be predicted, but we'll have to see how things unfold in the long...
✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post . 🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary...
TRADE ALERT! BTC Ticker: BTC/USDT Entry:43800-43999 Take Profit: 45500-48000 Stop Loss: 40215 Risk to reward: 1:2 Technical Thesis: Bitcoin is making an inverse head and shoulder pattern ( bullish) For this bitcoin need to hold 42000$ level. We have neckline around 44000$ Once price breaks neckline with good volume then target can be 45500$ to 48000$
here is the 15m time frame chart, there is 15m fvg and price reacted well on the fvg. when you switch to 4h time frame the 15m fvg level is the RDRB level Redilevered Rebalanced. that is the support ideas for this plan
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
Dear all, since my projection indicated that BTC would bounce back at the 26100 area, the reality is that BTC has already bounced back in the range of 26300. In this range, we have observed a swap reaction to the previous demand, but the seller pressure was not as strong as expected, and buyers were unable to create a significant long wick. From this, we can...
More of my trade reviews are in my profile For everyone who has studied all my trade reviews and updates. We reach our next goal in the SHORT position. Congratulations friends. Below, you can study the complete trading history.
#MarketUpdates #Bitcoin support is 23500 while resistance is 25200. #Bitcoin has performed well since yesterday while more alts have also strengthened their support. 25200 has become a tough resistance for Bitcoin (but may cross). When the resistance of 25200 is crossed successfully. So we may see a #bullish spike in the overall market.
#Bitcoin update #Bitcoin once again rejected at 25200 resistance. Due to which Bitcoin is on a normal correction. Bitcoin minor support is 23800 while good support is 230000
I have a habit of deleting my drawings and re-drawing them every other day to get a fresh perspective on the charts. Personally, it helps me stay disciplined and less biased as re-charting can help show new perspectives I otherwise may miss due to the clutter from the previously drawn lines and indicators. Today, as I redrew, I wanted to make some predictions for...
Bitcoin will probably drop from the ceiling of the channel to the bottom of the channel, i.e. around 22 thousand dollars, here is a very important resistance, and on the other hand, the ceiling of the dynamic channel
Trading Setup: There is a Trading Signal to Sell in BTCUSDT Bitcoin Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 22000.0 ⭕️SL @ 22412.0 🔵TP1 @ 20450.0 🔵TP2 @ 19155.0 🔵TP3 @ 17989.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...