#BTC (Update) In 8h timeframe Chart, Bitcoin Bulls Still holding the KEY SUPPORT LEVELS (Trendline, Ichimoku Cloud & 30.8k Horizontal Support) Yesterday, Bitcoin tested the Trendline, Ichimoku Cloud & 30.8k Horizontal Support after 25% Correction. As You can see on the chart, bitcoin is forming Head & Shoulders pattern as well but Right Shoulder still not...
#BTC holders "not in profit" marked in red Remember to zoom out.
BTC entered a correction phase, closed daily candle with -7.5%. Although the wick looks quite optimistic, I would not mindlessly long now, on a larger timeframe, the PA looks like the correction is not over yet. I leave a couple of bids in the purple area (on the chart) and patiently waiting. I'm not saying "it gonna dump", just trying to get better entry. ...
do yourself a favor, and buy the dip that are not many!
Hello! Price of BTCUSDT making good correction and surged down -30% so far! It is very good for bull market! I see price rebounded from 0.618 Fib and might go up very good. Looking at D timeframe we still have some room for the crash. I bought from the sub 32000 and waiting for good price action near ATH. I hope next week we will find out will price go to...
We explore some of upcoming possibilities using technical levels.
Bitcoin will break downtrend channel to make a bull trap, but another dump will happen later.
As you can see on the chart there are 3 important support levels marked in yellow text. BTC bounced off the first. A good sign. It means BTC is still trading in its current channel. Scenarios: Bullish - the reset has already happened and BTC will recover over the coming days and continue in its current channel. Bearish - If we go below current support BTC...
Good morning bears! I have missed you so! NOT!!! Anyways welcome to my daily look into the world of Bitcoin. Today I have the 4hr time frame pulled up after a rough Sunday that leaked into Monday. Is this the start of the bear run? I got a million messages yesterday and my answer will be posted here. Maybe... Nobody is clairvoyant. I make my trades based on the...
OK Tradingview bugged out on me once but I'll type this again- We saw a lower low formed, missing the OB in the area by a few hundred pips. There is an engulfing candle on the 15M TF and price is travelling into the topside 30M OB If we see a volume validated rejection in the area, I find a lower low to 35k likely. If we see more continued upside with...
📌 @ridethepig XBT Market Commentary 19.12.2020 So we have the following picture; the prince slowly approaching his city after slaying the dragon, rescuing the princess and conquering the treasure. All the ministers and advisers are wanting to meet for a hearty breakfast and consider the correct way to balance the rewards. This picture is intended to convey how...
idea in chart maybe a challenge of the highs before drop
This is my view for BTC in this week. Good entry for SHORT is about 36500 - 37200 (I will update more IF BTC can rise up to this level) Target is 29500 - 30500. The wick is possible at 27700. 27700 is the entry I will think about LONG BTC
Hello traders! Just wanted to give a quick update on Bitcoin, it is currently showing some potential signs of bullish contination here. I am seeing these potential signs of more upside and will go into each concept a little further below. Bullish Signs Explained: 1. The price continues to print Higher Lows (HL's) which is characteristic of a strong upwards...
The beauty of speculation is that you never know who is going to win. In a casino, anyone can be a winner if they don't cheat. So the casino can attract countless people to participate in the so-called "princes and generals are all in peace"? This logic has been put into full play in the digital currency market over the past decade, and while we've seen...
Well, its obviously Bitcoin price has made huge move during last months. Now, i hope we going to see some correction, at least this is my scenario. Looking for buy at $32000-$27000 zone, few buy orders is set. Stop loss below buy zone for safety. Targets above current highs, but I will start fixing profis as soon as possible. Have nice profits, best...
#BTC Not too much changes on this slow sunday.. Showing strength below "resistance" at ~42k (ATH) // Accumulation.. Zooming into the intraday, restesting 38.6 which should act as a bouncing zone back to the highs if we don't want 36k in play.. Week looks primed for 45k+ #BTC