1h time frame - Bitcoin broke the downtrend line on 2nd Oct. Currently, Bitcoin is retesting to search R/S balance zone, also is creating a potential HS on 1h time frame, which is good for retesting structure because it shows potentially available support. However, we need to consider the possibility of longer consolidation, so this bottom HS trading plan will...
Dear traders, Bulls have repeatedly failed to price push higher, indicating a further drop expected. This also applies to other major CRYPTO PAIRS. Due to strong USD presence in the market.
2h time frame - (1)Head and Shoulders On the left chart, Bitcoin made a potential HS as our previous analysis. Currently Bitcoin broke the neckline at 26378 and is going to retest it, if get rejection at 26378 again and broke below 25990, Bitcoin will finish the retest of HS structure, and target is 25270. (2) Falling wedge On the right chart, Bitcoin is creating...
Educational Analysis says BTCUSD may go Long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Broker Binance. Because BTCfair value gaps are unfilled in a 4-hour time frame. So one trade is already on with RR is 1: 17.43 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS. Happy Trading,...
BTCUSD wait for breakout and trade in the direction of breakout or place your buy and sell stop. Manage your risk according to account size!
12h time frame - According to previous analysis, Bitcoin made a false breakout(or stop hunting) again. This PA usually creates V shape as we see recently, current question is where does this pump reach, I think the top of this pump is the best opportunity to short before next BTC halving in 2024. If we take a step back, there is a potential harmonic...
1H time frame - After huge pump from 24900, Bitcoin starts consolidating currently. From the perspective of long, Bitcoin is creating a potential continuation pattern, such as a triangle structure. Therefore, we can focus on the support strength at 25700, if the support is workable for Bitcoin, trading plan will be triggered as below. TP: 27385 SL: 25420
1h time frame - This market got a comparable big dump yesterday, then BTC creates a false-breakout at 25000 such like the scenario occurred on June 23rd. The Price Action increases the possibility about right shoulder pattern, which top is around 28350~29150. We are still under the downtrend on higher time frame, so avoid putting lots margin on long, better to...
Hello Traders In This Chart BTCUSD DAAILY Forex Forecast By FOREX PLANET today BTCUSD analysis 👆 🟢This Chart includes_ (BTCUSD market update) 🟢What is The Next Opportunity on BTCUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
4h time frame - Bitcoin creating the similar structure with previous one, formed from Aug 23rd to Aug 29th. Getting support again at 25700, according to the symmetrical pattern, Bitcoin has potential to reach 27565 in near future. Therefore, we can set up a plan as below. TP: 27565 SL: 25090
12h time frame - Creating a completed top structure like HS can provide more momentum to future dump. Therefore, Bitcoin has the potential to pump again to make the right shoulder for the big HS. Top of the potential right structure is around 28500~29500, pay attention to open short if we see this pump in near future. Also, in order to liquidate as much long...
Here is my analysis for BTCUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
BTCUSD is on neutral 1D technicals (RSI = 48.291, MACD = 346.700, ADX = 26.388) which indicates its still consolidating despite today's sharp drop that turned the 4H time-frame red. We are expecting a 4H Death Cross to be formed today or tomorrow, which even though bearish in technical nature, it has been this year, in peculiar fashion, a bullish signal. This...
BTCUSD moving in range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.
BTCUSD moving in range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.
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...
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
Here is my analysis for BTCUSD on H4 by Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!