#BTCUSD 4h candle closed below SMA20 and probably will go to touch SMA50 in $55870. if $BTC can not hold this support price will extend it's down trend to $52000. But I think that in daily chart price will hold the middle line of parallel channel and will go higher in the next days.
BTCUSD looks like it wants to test this prior high, will it hold? Will it get smashed? Just gotta wait on price. We are losing volume which means people aren't submitting requests to bid as much, this simply means lack of demand. If we get a new high but maintain this divergence and we don't have volume, it could make for a drop. I'll be adding this to the...
#BTCUSD 4h candle closed above resistance of parallel channel. also RSI candle close above HMA. now price will go to touch $65000 and more 🚀
#BTCUSD is forming a reverse head and shoulders. the green H&S shows that price will reach $51315 in short term. if $BTC close above this price it will continue it's uptrend toward $60k and more. But I think #bitcoin is going to complete the purple H&S pattern so price will return back to down trend from middle line of parallel channel or from $51315 , and will...
#BTCUSD weekly chart... The most likely wave count suggests that $BTC just completed wave four of a five-wave bullish impulse. As long as the invalidation level at $38,620 is not reached, it’s likely that $BTC is still bullish and will lead to a new all-time high
#BTCUSD can continues to increase, the closest resistance area would be found between $50,737-$52,562. This range is the 0.5-0.618 Fib retracement levels when measuring the entire downward movement.
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#BTCUSD price is facing a short-term resistance near the $57,500 and $58,000 levels. A clear break above the $58,000 resistance could open the doors for a new all-time high. In the stated case, the bulls are likely to aim a test of $60,000. If bitcoin fails to clear the $58,000 resistance zone, it could correct lower. An initial support on the downside is near...
BTCUSD seems unstoppable after breaking 50K price levels. The price is closer to 60K levels than we can think of. However, I think this rally needs a bit pullback for its health in order to step up to 60K and beyond. Pullback signals is coming right now. I analyzed where a possible pullback could bring us back. I think there are second price target which BTCUSD...
BTCUSD has been in an ascending channel pattern with trade opportunities within the pattern at the bottoms and tops of the channel. Take note that the 4-hour RSI shows bearish divergence as shown in this chart: Beware of fakeout from the top of the channel and possibly wait for confirmation candle on at least the 4-hrly which retraces from breakout and bounces...