Price of Bitcoin shows impulsive structure and so far I am looking for renew of ATH during first half of May. I keep hold long on futures and spot, mid term stop loss 47k daily closing.
BTC making a rounding top amid a bullish trend. If we hold above the $53,500-53,700 range, BTC should bounce on increasing volume and start a new uptrend to $57k. If we fail to hold the dashed white line, things could get ugly. - Sultan of Chart
As per my previous posts, it does look like BTC has rejected the upward channel we previously held for the entire bullrun up to this point. The re-entry back into the channel also coincides with 10D and 20D MA's which were also rejected. Now we are most likely to go down and retest 50D MA and 100D MA. The 100D MA, over the next weeks, will run up and meet what I...
More downward correction is coming use 57532 as your stop loss.
#BITCOIN TA Update:- $BITcoin currently trading at $54100 And yesterday our last post and I told you If BTC 6H candle closed above $55500 then I will bullish. But Rejected from Resistance level. Now..? I am waiting for $49000-$50000 This is my short term Target. Not down...? Bitcoin only bullish if Big time frame candle close above $56000 So I always...
The 4hr charts have been good to watch for overbought/oversold indicators lately. Here the Stochastics are all saying it’s time for a pullback. A little outperformance from ETH and ADA on these charts, but all of these big boys risk some profit taking now.
Bitcoin fell out from the rising wedge and is now in a ABC bear flag correction phase targeting the 21 weekly Moving Average which also correlates with the 0.382 Fibonacci from the greater move Corona crash till ATH). The B would also fill the CME gap and if you draw a Fibonacci extension from ATH to A the Golden pocket marks the CME gap perfectly. all this...
#BTCUSDT LTF Update:- $BTC currently trading at $54900 And now trading at resistance level $55000 If price sustained above $55500 then My target will be $65000 Otherwise ready for $50000 So CryptoPatel Levels:- Above $55500 = $65000 Below $55000 = $50000 If closed ( any small time frame candle minimum 1H candle ) above $55500 then Target would be...
#BTCUSDT TA Update:- Currently BTC trading at $54700 And i already mentioned in my last Post, if btcusdt hold level of $50800-$50900 then BTC is bullish for short term.. Now...? Now Trading near at resistance level of $55500-$56500. If btc manage to hit and cross Resistance level, we can see some upward movement to $59150 or near by. So keep an eye on below...
BTC looks as though it has printed its bottom and is recovering nicely. This ascending channel has held and continues to be the current trade channel. If this holds true this could be the bottom of a very bullish movement. The charts seem to point to at least 80K and that's a minimum (circled in yellow on the chart). BTC can go as high as the top green trade...
In these 6 charts, you see the total cryptocurrencies market cap, the total cryptocurrencies market cap without bitcoin, and the bitcoin price chart. watching them all together will help you decide better and provide a better picture of the situation! While many think the Bitcoin crash will be an opportunity for altcoins, numbers don't show this! Actually,...
This chart shows how the ratio between the annualized rolling basis of the near and far futures contracts can spot local tops and bottoms for BTCUSD
Yes, it may looks interesting, this chart have no candles but the exact target where we headed from here. Enjoy!
Price located in good place to buy, looking forward positive move during next week. Unfortunately alts portfolio down 25% or more, hopefully we going to see recover.
#BTCUSDT TA Update :- #BTCUSDT currently trading at $49380 And I am still bearish but waiting for daily candle close. No good Volume in BTC so we can say Bullish. Now $50930 support also broke down in 12 hours time frame and waiting for daily candle close. Now...? I am expecting #BTC downfall continue and My target 1 is $44800 and 2nd Target is...
Won't bet on it, but looks like we're going to retest the bottom of the channel (after unsuccessful test of $60k). Long and mid-term still bullish for me. On the other hand, mb, mid-term it looks more like sideways now. Information is just for educational purposes, never financial advice. Always do your own research. Hit the "LIKE" button and follow to...
₿itcoin: $BTC/USDT Potential Targets 🎯 Bottom Is In!