The probability of the bull market continuation is evident in the chart with higher highs and higher lows. The path to all time highs isn’t always clear and the demand for a COVID esque capitulation grows but I believe it is possible that we may go higher before we go lower.
Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We...
So the step L1 shown in the graph was achieved as explained in the previous post. From the price action characteristics, it appears that the price is not content with being held back by this current 4h resistance 1 zone. I expect a small pull back max to the level shown by S2 step and then move higher on the L3 path. But it is possible that this S2 step might be...
Hello Traders,
Since long time ago I drawed this symm. triangle on my chart, Now BTC broke it to the upside.
Today I want to discuss briefly, What is the possible moves for BTC
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BTC was running into horizontal channel since 13-16 JUN 2022 that is mentioned on the chart with Green rectangles
Now BTC continued going narrower and narrower price movements to...
#BTC market is bearish because BTC broke range to the downside and entered the major support level. #BTC must needs to hodl above $38,500 else market will start bleeding. So and keep an eye on market and use tight stops in every trade
Market movement still shows bearish form because there is no buying pressure in BTC. US stock market is continuing downtrend which...
Hello friend,
Welcome to our BTC.D 4hrs chart.
As we can see in the chart of BTC.D a ASCENDING TRIANGLE is forming.
Which is a Bullish sign.
The price is currently level 1.
If the price crosses level 1 to Level 2, we will see a new high.
Thank you
And
God bless you all!
Based on my TA, BTC is currently forming a falling wedge on the daily TF which is a bullish reversal pattern.
You can see my analysis clearly on the chart.
So, I would swing trade it as follows:
Enter: 2 daily candle close above
the falling wedge around $42542.83
SL: $40426.45
TP: $46428.75
what do you think of this trade?
**Disclaimer**
This is not a...
