Last 1 month Bitcoin was wrestling with the key level; $24,500. But it broken through on Aug 12th. The resistance level tested three times before gravestone doji candlestick formed which indicates the resistance line had broken and it became support line. As once was the strong resistance line becomes support line, it gives traders confidence to take long position.
BTC is pretty much short on 1h. The sell-zone at 24300 is a good place to look for an upthrust on 5m chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC 1DAY UPDATE ! BTC has formed a ascending triangle pattern and is breaking out of its ascending triangle pattern to the upper trade line. We can see if ya situation...
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Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider...
As it can be seen on the 1D time frame, the price has been experiencing difficulty to break the sell-zone. The upthrust and the almost SOT bar (check the chart image) might indicate a downward movement on the 1D time frame, which can cause the price to get back to 22300 - 23500.
Ending diagonal with Truncated 5th, strong bearish signal
Hello friends. Bitcoin seems to have reached a point after a trend where there is a possibility of a drop due to several reasons of hitting the weekly base average and weakness in the trend. There is a possibility of falling to the range of 20k, and after that the price should reach the accumulated energy towards the target of 28800, which is the final wave and wave C.
Time Frame: 4H Symbol: BTCUSDT Entry: 23655.56 TP: 22599.26 SL: 24530.79 Bias: Short We are bearish for this pair. There is a high probability of a strong price fall following by the current price oscillations that we have seen recently.
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider...
Short BTC USDT Target 23485 22648 21600 SL 2500
Time Frame: 4H Symbol: BTCUSDT Entry: 24621.90 TP: 23524.28 SL: 25468.63 Bias: Short We plan a short trade for this pair. As the price is oscillating between short term support and resistance levels, our bias is short at this point.
Here is my view for BTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#BTCUSDT Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
After a strong bullish movement inside a wide TR, which seems like an exhaustion gap, I expect a bearish move here after a double top in higher timeframes as well as a nested double top in lower timeframes, we also have a wedge top at this area so a move down is very likely! NFA
BTCUSDT is showing bearish divergence on MACD on 4 hourly chart with price action rounding off. With the formation of Double Top, price is likely to break the bullish trend. For aggressive traders, bearish divergence on MACD and bearish engulfing is enough to short @ 23,700 For conservation traders, wait for price action to break the trendline @ 23,200. TPs...
The correction of the BTC price continues. My long position was closed in the breakeven zone. At the moment I am watching the dynamics and plan to open a short position at the end of the intermediate wave C in wave B. All in all, last two weeks is very contradictory and difficult to plan good trades. The nature of the price movement is "jagged" and I have to...
Bitcoin after testing its 24k resistance is again in a bearish trend. It can go till fib level 0.618 of the previous bullish run. We can still take a short position at this stage as we can see bearish candles.