🏃♂️Bitcoin is moving near the 🔴 Heavy Resistance Zone($44,700-$41,780) 🔴, the Resistance line and Support line . 🌊According to Elliott's wave theory , Bitcoin seems to have completed five impulsive waves . ✅Bitcoin broke the Uptrend line . 🔔I expect Bitcoin to Fall to the 🟢 Heavy Support zone($42,250-$41,500) 🟢soon. ❗️⚠️Note⚠️❗️: An important point...
Hello traders, we want to check BTCUSDT chart. The price has broken the upward trend line in the 1-hour time frame after hitting the specified resistance level. We expect the price to continue its downward trend and the price will fall to around 42000. Good luck.
Bitcoin is correcting. It is as simple as that. Here is my input on things: What is on the chart? (Follow the steps) 1) Price rallied back in October 2023, breaking the high of the 13th of July 2023. Throughout this breakout a large untouched daily FVG was formed. 2) Following the rally, price slowed down and created an accumulation structure which plays a huge...
👋Hi, everyone. 📈Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a short-term view of Bitcoin regarding the technical analysis . (Please 🌹🙏 respectfully🙏🌹 share if you have a different opinion from me or other analysts). ✅As I expected, Bitcoin started declining from 🟡 Potential Reversal Zone(PRZ) 🟡 after the SEC approval...
↘️After the SEC approved the Bitcoin ETFs , we saw that Bitcoin has lost more than ➖16% of its value so far ( Buy the Rumor, Sell the News ). ✅As I shared in previous posts , Bitcoin started falling from 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 as I shared with you. 🌊According to the theory of Elliott waves , Bitcoin went through wave 5 with the ...
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.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame. Completed Break of Structure with Retracement. Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line to completed its " C " Corrective Wave
Dear Traders, We have update on BINANCE:BTCUSDT two possible scenarios one is expected where price is to reverse sharply from current region or drop from current price area to 32k region. Due to holiday season we expect low volume in the market. Let's wait for price to do its things.
#BTC We have a symmetrical triangle within which the price moves We expect a strong movement, whether up or down If it closed below the rectangle on a 4-hour frame at the level of 42000 By closing the 4-hour candle below, we will head to the 39,000 to 38,500 level. If a 4-hour candle closes at the top of the rectangle at the level of 43500 and the close is...
🏃♂️Bitcoin is moving in an Ascending channel with a low slope of 4 days . 🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($43,720-$43,100) 🔴 and near the upper line of the Ascending channel . 🔔I expect Bitcoin to move to the lower line of the ascending channel again and possibly break this channel. ❗️⚠️Note⚠️❗️: An important point you should always...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction " ab " Completed. Consolidation Phase as an Corrective Pattern in Short Time Frame and Long Time Frame and Rejection from Upper Trend Line. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line
BTCUSDT remain uncertain since last two weeks price have continuosly failed to breakthrough 44k region remain sellers strong hold. Still expecting price to bounce back and create a HH. There is high possibility that price even can drop 35k area if we see no strong bullish momentum in coming days. Comment Down your views on btcusdt?
✅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...
12 time frame - BTC is approaching to the predicted top now, from our previous analysis, that indicated 48k is the top of this bear. However, considering the heated news about ETF, no matter truly or false approved, I think 52500 is the limitation for pump, so this is a proper position to set up a trading plan to short BTC with low leverage. Here are suggestions...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($44,800-$44,160) 🔴 and Inside the Ascending Channel . 🌊According to Elliot's wave theory , wave 3 ended near 50_SMA(Daily) , and now we have to wait for the confirmation of the end of wave 4 . 🌊It seems that the structure of wave 4 is the Double Three Correction(WXY) . 🌊With a lower line of ascending...
🧐The start of the new year 2024 was interesting for Bitcoin; we saw both a Bitcoin Pump/Dump in the first three days. ↗️The reason for the Bitcoin Pump was the news of the possible approval of Bitcoin ETFs on Tuesday and Wednesday. ↘️The Bitcoin Dump was due to the possible rejection of all Bitcoin ETFs ( Predicted by Matrixport ). 🌐It seems that...
📈Today I want to show you all the Resistance/Support lines and areas that we should consider for Bitcoin analysis and trading . 💡Bitcoin with the announcement of the spot Bitcoin ETF application file by the Swiss company Pando is 3 weeks after this company's request by the SEC , and the listing of ARK 21Shares spot ETF in DTCC broker started to...
🥳 Congratulate to everyone on the year 2️⃣0️⃣2️⃣4️⃣. 🙏I hope the new year is full of good things for you , your family , and your friends . 💸My wish for you is health first , success in business and personal life in the next step, and a pocket/wallet full of dollars . 🚀Bitcoin made good growth at the start of the New year(2024) , and one of the...