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...
Investors are bracing for a busy week ahead of key economic data, including European inflation data and U.S. employment and non-farm payrolls. These numbers will go a long way in shaping the Federal Reserve and European Central Bank's expectations for monetary policy decisions. Details of the Fed's discussions are expected to be revealed on Wednesday when the...
✅Bitcoin reacted well to 🟡 Price Reversal Zone(PRZ) 🟡, as I had expected in the previous post . 🔨Currently, Bitcoin has managed to break the Resistance lines and is completing a pullback to these lines. 🏃♂️Also, Bitcoin seems to be moving in an ascending channel , and inside this ascending channel , the Three Rising Valleys Pattern can be seen...
🚀Bitcoin started to rise near the 🟡 Price Reversal Zone(PRZ) 🟡. 🌊In terms of Elliott waves , a Zigzag(ABC/5-3-5) Correction in the 🟡 Price Reversal Zone(PRZ) 🟡 appears to have been completed . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect Bitcoin to go UP to at least the 🎯 First Target 🎯 I marked on the chart...
Hello traders, we want to check BTCUSDT chart. The general trend of the market is up, but the price is moving in a range channel. We expect that the specified resistance level will stop the upward trend of the price and the price will fall to around the price of 42000. Good luck.
👋Hi, I hope you have a great weekend. 📚It is better to know that candles are considered as passports for charts. Candles alone or together ( candlestick patterns ) can convey concepts to us that help us identify price trends, and these patterns are in higher time frames , more volume and closer to standard patterns , the more valid they will...
✅As I expected, Bitcoin touched the 🔴 Resistance zone($43,180-$42,820) 🔴 . 🌊According to Elliott's wave theory , Bitcoin is completing a corrective Zigzag(ABC/5-3-5) pattern. 🔔I expect Bitcoin to decrease to at least the Support line after completing the Zigzag correction structure, and if the support line breaks, we can expect 🔵 CME Gap($40,325-$39,290) 🔵...
👋Hi, everyone. I hope you had a great weekend. 🧐Today, I decided to answer the question of whether Bitcoin has reached the end of the Bullish Rally or not ❗️❓ ⏰To answer the above question, it is better to look at the Bitcoin chart in the higher time frames, such as daily, 2-day, or weekly. 🌐Bitcoin started to increase after the confirmation of ETFs , but...
BTCUSDT ICT analysis for next days stay safe , money management is key to success
TRADE ALERT! BTC Ticker: BTC/USDT Entry:43800-43999 Take Profit: 45500-48000 Stop Loss: 40215 Risk to reward: 1:2 Technical Thesis: Bitcoin is making an inverse head and shoulder pattern ( bullish) For this bitcoin need to hold 42000$ level. We have neckline around 44000$ Once price breaks neckline with good volume then target can be 45500$ to 48000$
Dear Traders, BTCUSDT has been bullish ever since November, and it is likely to reach 48k area as price is extremely bullish at the moment. NFP will have significant impact on the price $BINANCE:BTCUSDT. We will keep you update as price move forward. We are neutral here and coming days price can reach beyond 50k.