Potential Breakout trade on currency pair BTCUSD, place Buy Stop and Sell Stop Orders or wait for Breakout. Manage your risk accordingly.
It seems that Bitcoin managed to complete the correction structure of Double Three Correction(WXY) in the last three days. The 💡 Sign 💡 of the completion of the Double Three Correction structure can be the breaking of the support line . ➕Also, if we look at the RSI indicator in the 1-hour time frame, we can see the 🗻Double Top Pattern🗻 , and I expect the...
Hello 🐋 based on the chart, the price again sticks in the range position middle of the parallel channel 📖💡 for any other huge pump, we need even more correction to the downside ❌🧨 beside brief amount of gain and green candlestick is logical 📖💡 and range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡 Please, feel free...
Observations: If we see on the weekly chart the previous demand zone is clearly resisting the price to go up. on bottom side price has taken the support from previous supply zone/Resistance Acts as support and price moves up. Weekly analysis... Daily Analysis:: If we see on daily analysis...the price is in a range from few days... the previous supply zone is...
The market is in the distribution stage. So I will comeback to BINANCE:BTCUSDT.P short Setup Entry SHORT at 30900-31000 SL: 31400 TP1: 29800 TP2: 28500 My Setups are usually simple and straightforward I will update this Setup regularly Thank for your comment and boost, follow BEARISH FOR JULY
If BTC broke the resistance we can see it around 32500 levels, place buy stop or wait for breakout.
Hello 🐋 based on the chart, the price stick in the range market cycle and it is temporary 💡📖 beside it is stick into the parallel channel and the green candlesticks become weaker and weaker 💡 for any other huge pump, we need more correction to the downside at least close to next support area (28k) 💡📖 👌 Notice: pay attention to the price on shortcut chart...
Hi everyone👋 (Reading time less than 2 minutes⏰). First, I recommend you look at the 4-hour Bitcoin chart I shared yesterday.👇 Bitcoin started to decline after contacting the upper line of the rectangle pattern ; the first support in front of Bitcoin was the uptrend line . Bitcoin managed to break the uptrend line (as I expected in yesterday's post) and...
Enter as it shown breakdown pattern in 15 minutes timeframe.
formed the clear pattern for up side pottential, embrace your self set proper position and sl and wait for confirmation before execution, upside potential up to 27400
You can also trade on BTCUSDT. Keep in mind , I will be trailing my stoploss if it gives sufficient profits.
The price dropped from 4h resistance 4HR2, which was our target for last long trade, to the daily support zone DS1. The price bounced from there only to revisit this support again. I think a long is suitable and favorable from this support zone again. I expect the price to again move towards 4h resistance zone 4HR1. That should be our target for this long trade.
4h time frame - If open short at 33000 1st TP: 29800 Further, if break below the uptrend, retesting is a second timing to add short positions. 2nd TP: 16000
Hello guys. You see the chtart of Btcusdt in 1 hour time frame, it's assume the first move touch the 29802 so going to 30808$ and countinued downtrend and touch 29382$ . Be profitable.
1h time frame - 32000 is easy to reach with this rising wedge. At that time, we can open short. Entry: 32000 TP: 30950 SL: 32300
🚨 BITCOIN UPDATE 🚨 * Here we can see clearly BTCUSD has according to our previous post on Feb 25/2023. * Let's see if Bitcoin ( Crypto King ) is going to our next level of $40k. * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKillA *
1D time frame - Multi superposition of resistance around 32750 There is a good price to open short Further, Bitcoin will probably create top structure. Target: 29800 SL: 33700
According to my analysis of Bitcoin. There is a high possibility to rise with the breach of the descending channel, as well as the resistance at 26250. There is more rise in the coming days towards the level of 28000. good luck for everbody