Although it has a trend and a support level and has dealt with it, the price could not beat the candle well, so I expect a small correction As shown in the chart, after reacting to the support and registration of HL, you can think of buying
Bitcoin sitting right under the 50k resistance. Books confirm a lot of sell pressure but above 52k that liquidity quickly disappears. This suggest this may be temporary blockage and the fact we marked up so fast on low volumes toward this ranges create condition for a consolidation where a lot of bear will show up and short the derivatives market. We already see...
Trend Analysis The main view of this trade idea is on the 15-Min Chart. The crypto cross ETHXBT found some support around the 0.06675 price level and is now 2.9% higher in the short term. ETHXBT is channeling higher and is expected to continue to do so and hit some resistance around 0.07125, approximately 3.7% away at the time of publishing. If the channel breaks...
Price entering saturated zone, I think we might see a volatility action near 54k down 50k and even more bumps near 57-60k zone which is highly volatile and liquidity will jump in this zone too. Current setup for btc is hold Day trading opportunities will be open in dips, direction long. Stay safe traders!
BITCOIN RIGHT NOW IS IN OVERBUY, SO POSSIBLE 45-46K FOR ACCUMULATION AND THEN GO TO 56K !!! Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software and cryptography. A public ledger records all bitcoin transactions and copies are held on servers around the...
The great bear of 60k possibly will back to the market above 50k. There are some reasons for that. Psychologically there is still panic at 50-60k area and too many people will erase their loss above 50k. there is possibly a complete 5-wave impulse behind the market, so there is no room for new ATH. and how about there are waves of regulation on exchanges and...
#BTC (update) In daily timeframe Chart, Bitcoin is Consolidating in Bullish Pennant Formation. If Pennant Broken Upside, Expecting Another +30% Bullish Wave towards the 60k. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
As you see we have abc wave from 65k and the c wave targeted 19462$ and 14083$.
Btc is forming falling wedge pattern and it's also on the strong support. Time for Long it everyone. Near stoploss, far target. RR is so high You can also buy altcoin/usdt to get more and more profit. altcoin season will come soon.
btcusd nice rejection from demand can gooooo up to 51300
Yellow box would be my target for next support, this idea only valid if we stay below diag resistance.
Trend Analysis The main view of this trade idea is on the 15-Min Chart. There is a Reverse Head and Shoulders setup on the cryptocurrency Bitcoin (BTC). The Head of the setup is around the 45280 low. The left and right shoulders of the setup is at 45650 and 45600 respectively. The neckline is the trendline highlighted in red on the chart. The target is determined...
Currently we are at our "Take Profit Zone" between 46.500$ – 48.250$ from our previous "Buy the panic sells"-Long(28.500% – 29.000$). We try shorting bitcoin arround: 47.000$ – 47.500$ with stop loss above 48.300$. Our first take profit will be 44.500$ and second profit target 41.600$. I will also add more longs at 41.600$~.
With two Hunt struck, Pollback is expected to be be beaten to the second zone of support and then start his ascent. If you don 't make a purchase , I will tell the channel after you 've seen signs of purchase
Market Makers are now in control as we can see with those Bart patterns forming up as demand faded away and supply is also weak. We have strong orders in the books around 47.5 and 50k acting as major resistances across the board. Swaps now showing more frequently trading above spot which implies bearishness BUT we don't have yet the structural daily trend from...
#BTCUSDT TA update:- $BTC currently trading at $46400 And $46000 is good support to hold Bull. Below $46000 support I can expect $40000 also But If bounce back from here then next Target will be $50000 Support:- $46000/$40700 Resistance:- $50500/$58500
Price of Bitcoin still going up, trying to make another swig high. ⚠ Looking at key Moving Averages (100x200) we can see price going above both MAs, but moving averages crossed in bearish order. 🟡 While price action compressing in Wedge shape, looking for breakout in support regions. 💚 Bullish note that price broke resistance line on Log scale too, this probably...
Bitcoin is getting ready for a possible correction. In this video I go trough the books, talk price levels to look for and also very briefly talk trough some futures data. Next video I will cover some other points like futures premiums and swaps v spot basis or finex long/short ratios.