Once again we look at Bitcoin (XBT) short-term. We have a recent bullish move... What happens next? Above the blue and grey lines the bullish move can continue. Immediate resistance is also found at the black line or MA200 ($16,483). Looking at these three levels, XBT needs to move above the $16,500/$16,850 price range to knock out the bears. Any trading...
We have a bearish continuation/consolidation pattern. - XBT broke down yesterday, 20-Nov. - We have multiple strong bearish candles ending in a new low. - Bullish candles are being rejected closing with long upper wicks. - Trading below EMA10 and EMA21 signals lower. CHANGE Moving and closing above $16,350 on the 1h timeframe can signal recovery. Note: This is...
#Bitcoin Analysis:- $BTC trading at $15800 - Broke down $18400 Resistance and down -16% from Support - As Per Chart Target area is $12800-$11800 - Box = Buy here and Sell above $200k Or - Sell here and Buy above $200k Decision is yours. - More Negative News mean more Buying opportunities. Now Close to short with High Leverages and Try to accumulate some...
While originally expecting more pullback on BTC to the upside. It's becoming more evident that BTC is rounding out at the top of this up move. More and more signs are coming for lower prices. So While i expect price to move a bit lower now, higher prices are still a possibility. This is an odd range, and I'm willing to be wrong due to the nature of that. With...
btcusd looking bulish for short term then it will reverse for sure
#Bitcoin Short Term Analysis:- $BTC Current Price is $16900 As Per chart Looking Bearish and Waiting for Retest. Retest Level = $18700 Resistance:- $20700 If BTC Rejected $18700 Then High Probably to Hit $12000 But Keep in mind Another scenario also:- If Breakout $18700 and Hold $18700 Level upward side then We can see $32000 in Short term. Never trade...
BTCUSD Weekly Forecast 14-18 November 2022 Currently the implied volatility for this asset is around 7.75%, down from 8.25% of last week. From volatility percentile, point of view, we are currently on 62th from ATR and 27th from DVOL index. With this volatility percentile values into account we can expected on average that the weekly candle is going to be: 4.9%...
cycle Analysis this Should Happen in the Coming Years i will update it every week until the cycle in black color end good luck .
#Bitcoin weekly Chart Analysis:- $BTC Already broke 2017 Bull Market ATH Now Trying to Test 2017 Bull Market Support. Now Scenarios:- - $BTC already broke $19000 support which is bad for Bull - BTC may test $11000-$13000 Level ( If hit then that will be best for Accumulation) - 2017 Bull Market support is $10200-$11800 - For Actual Bull Market BTC must need...
So the bounce idea has been canceled by Powell. Awesome times we live in, where one single individual can dictate the direction of entire markets. And since BTC is very strongly correlated with the stock market (unfortunately), this means that BTC is just following the general direction of the stock market. And since the FED appears to be very hawkish, this...
On the previous analysis we commented on how Bitcoin could make another high, however - the upside is limited. After rejection from the weekend and a recent break of structure to the downside - it is pretty much confirmed for lower movement in the Bitcoin price. Look for solid zones to short from, as directionally - the downside is the most likely in this...
Bitcoin and Ethereum are ones of the assets that haven't undercut its June lows. In the daily chart of Bitcoin is above its 50-day MA and I see a pivot buy at $21,350. But, when I zoom in at the 4-hour chart, I can see a good volatility contraction with a pivot buy at $20,700. Remeber that crypto never closes so 4-hour charts is the equivalent of a daily chart...
BTCUSD Weekly Volatility Forecast 7-11 November 2022 We can see that this week our volatility is at 8.02% which declined from 8.27% last week. Currently according to ATR we are on 27th percentile, and according to DVOL we are on 8th percentile, indicating in both cases, that we are currently is a quiet market. And as a matter of fact we can that this was case for...
The upside for bitcoin looks to be running out of steam. With a strong divergence on RSI and a wave count that favors downside impulsive move, it looks as though bitcoin - at least for today will see lower pricing. If the immediate swing low doesn't hold, we could likely assumed a wxyxz pattern will not hold and that these are all impulsive waves to the downside;...
Finally I think the throwback is not complete so I expect a drop of about 10% to get back on the oblique of the falling wedge. Reminder of bullish factors: - double bottom - end of falling wedge - breakout completed - huge bullish divergences - FIBO retracement 78.6% since march 2020 - increasing volumes since june - blue pill (Hash Ribbons indicator) - bottom...
Bitcoin has been in a Bearish Trendline Since November 2021. (+70% Down from ATH) Seems like BTC is Bottomed out & on the CUSP of Massive Breakout 🫡 In Weekly timeframe Chart, Bitcoin is forming Falling Wedge which is Bullish Pattern. Bitcoin Bulls need to Clear the 24.8k Major Resistance to Confirm the Breakout. Weekly RSI is Still Moving Below the Major...
#Bitcoin Technical Analysis:- $BTC finally Descending Tringle breakout Confirmed. Breakout Point:- $20200 ✅ I am Expecting First Target will be $25000 and 2nd Would be $31800 Stop Loss:- $18600
Despite high level of liquidations (around $1.28 billion in the last 24h) I think there's room to grow still for btc & eth. Don't have high targets, but this small pump looks unfinished yet. Information is just for educational purposes, never financial advice. Always do your own research. Hit the "LIKE" button and follow to support, thanks!