As I promised in the previous post, I am doing a more detailed analysis and positive variant and completion of the correction. Having selected a lot of fractals, about 20% of the low after the previous high made a deep correction (more than 50%) and these movements were impulsive with a quick return. In our case it will be a break of the channel support line and...
Scenario 1: If the current bearish correction ends at this support zone, the price will hold here. Further consolidation will occur for a couple of hours, followed by a slow bounce back. We might see minor resistance during this reversal, with the next target around 69K. Scenario 2: If the current support zone fails to hold, the next support is around the 63K...
Bitcoin has formed a promising cup and handle pattern on the weekly chart. Currently, the price is trading within the handle and appears poised for a breakout. A confirmed breakout from the handle could propel Bitcoin's price above $100K. The handle formed during the correction period following the Bitcoin halving, which was anticipated. Fundamentally, a bull run...
After price has consolidated around the 200 EMA range price has bounced back from the 200 EMA. Also price has broken local resistance around 65K which was crucial to for the bullish trend to continue. Currently price is around 67K and heading towards the resistance which is around the previous ATH 73K (overall resistance zone is around 70-73K range) I'm...
Bitcoin seems to have found bottom and is forming a local uptrend, looks good for bullish continuation after regaining 100EMA support. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (13.0X) Amount: 4.9% Current Price: 57720.9 Entry Targets: 1) 57411.4 Take-Profit Targets: 1) 60987.5 Stop Targets: 1) 55618.9 Published...
Make Ozzy Great Again
Bitcoin regained 50MA support and is pulling back to it, seems ready to pump towards 200MA resistance after. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (12.0X) Amount: 5.1% Current Price: 62917.6 Entry Targets: 1) 61920.3 Take-Profit Targets: 1) 65955.6 Stop Targets: 1) 59897.6 Published By: @Zblaba ...
Latest update of my Bitcoin predictive model: in the coming months, BTC will make one last rise followed by a fall to the major pivot.
BTC Price Perspective: As of now, the dominance of Bitcoin (BTC) in the crypto market is quite close to the cycle top at 56%. Based on previous trends and current market observations, I am anticipating this to reach around the 57-58% mark before experiencing a rejection, much like the last two cycles we've seen. In the first cycle, BTC dominance was at its peak...
It seems that BTC is forming an ascending triangle pattern. The price is currently moving towards the support zone, around 62K. If this support remains intact, we can anticipate the next target for the price to be in the 71K to 72K zone. Considering the expected bull market after the recent bitcoin halving, it's highly probable that the support will hold, causing...
many htf levels and orderblocks linger in the 58-62k zone we have a defined range high which has not been broken on this attempt it seems likely we put in the next shoulder near the range low next
- Market Maker Sell Model Reversal. - 6 swings down. - USDT.D took out a major keylevel - Looks like a logic reversal point at this level in the daily FVG after taking Sellside Liquidity.
BTC dominance is currently around its resistance line on 4H timeframe and it recently bounced back from the support level. if btc breaks this resistance level we can expect the btc price to pump and ALTs to bleed. im expecting the dominance to get rejected from the resistance level and hit the support again. Lets wait and see
#BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC is currently trading around the support zone, and the support is holding strong. According to Scenario 1, I expect the price to bounce back from this support zone. + Scenario 2: If BTC loses this support, the next support is around 60K. If BTC reaches this...
Price is in a reaccumulation period in wave 4 of wave (5). It seems to be a huge expanding flat pattern which is not done yet. Expect some swift moves to the up and down once last panic leg is done a huge move on a very high momentum towards $100k will ensue.
All details are drawn on the chart. Basically BTC is in a huge bull market with a clear imbalance of demand and supply. There was 3-month long reaccumulation period at all time high of $69500 with all outstanding supply bought up. Price is gonna shoot up to $112k at minimum very swiftly.
BINANCE:BTCUSDT (4H CHART) Technical Analysis Update BTC is currently trading at $69595 and price recently had a sudden crash. currently the price is around the support zone and we are expecting a sudden bounce back from this support line. There is a strong resistance line around 71K-72K range and we will exit the trade at this range. We will have a new long...
BINANCE:BTCUSDT (4H CHART) Technical Analysis Update BTC is currently trading at $63394 and price has retested after breaking out from the channel. If this retest holds then we can expect the price to continue in bullish direction. We are confident the price will hold and bounce back successfully after the retest and this gives us a good opportunity for a long...