Bitcoin seems to have broken the ascending and descending channels & 🟢support zone($ 29,200-$ 28,730) 🟢 by the Head and Shoulders pattern . Of course, the decline in the price of Bitcoin was expected by me based on my previous posts in the daily time frame: (I suggest you view my previous posts). About the Head and Shoulders pattern, there are several points...
Bitcoin has been moving in a Descending Channel for about 3 days. The formation of the Inverse Head and Shoulders pattern near the 🟢support zone($ 27,820-$ 27,700)🟢can be a good sign of breaking the upper line of the descending channel. I expect Bitcoin to start growing after breaking the upper line of the descending channel. The increase of Bitcoin can be as...
Bitcoin reacted to the bottom of the descending channel and the 🟢heavy support zone($ 29,200-$ 28,730) 🟢, and the bottom of the ascending channel in the 4-hour time frame after falling from the Top of the descending channel with the Double Top pattern, but due to the momentum and volume of the breakout candle, I expect Bitcoin after That the pullback to the lost...
Bitcoin reacted well to the 🟢support zone($ 29,200-$ 28,730) 🟢 over the past day, although I expected Bitcoin to penetrate further into this zone. With today's move, Bitcoin seems to form a descending channel within the main ascending channel. Also, currently, Bitcoin is moving near the 🔴resistance zone($ 30,620-$ 30,450)🔴 and the cross of the resistance lines;...
Hi everyone👋 Bitcoin is moving in an ascending channel. Bitcoin managed to break the 🟢support zone($ 29,880-$ 29,660)🟢 and the middle line of the ascending channel by the candle 4 hours ago. (The volume of the breakout candle was acceptable). Bitcoin's next destination after the pullback to the middle line and support zone will be the next 🟢 support zone($...
First, I must say that in order to have a better understanding of this post, I suggest you look at the following post in the 4-hour time frame.👍👇 Bitcoin's pullback to the broken 🟢support zone($ 29,880-$ 29,660)🟢 seems to follow the corrective structure of the Expanding Flat (3-3-5/ABC/most common), so that the end of wave C is at 🟡 Price Reversal...
Bitcoin has been able to go through 5 main waves at $ 31,043, and now it seems that you have started corrective waves. Bitcoin is currently moving near the resistance line and 🟡Price Reversal Zone(PRZ)🟡. I expect Bitcoin to finish microwave 4 near the PRZ and microwave 5 to continue at least to the 🟢support zone($ 29,880- $ 29,630)🟢 and support line. Bitcoin...
First, I must say that if you are looking for a better understanding of this post, I recommend you to look at the following post for a few seconds.👇😉 It seems that with the break of the 🟢 support zone($ 30,326-$ 30,260) 🟢, Bitcoin will enter microwave 3 from the main wave 5, and I expect this fall to continue until the 🟢 support zone($ 29,880- $ 29,630)...
Hello all, The market has been silent for nearly the past month. BTC & ETH broke out of their ranges over the last week. Many people were caught off guard from the break of 30k that occurred yesterday. This was heavily predicted and expected based on many indications. Simply put, many indications pointed to the market being in a very similar spot as April...
Bitcoin seems to have passed its fifth impulsive wave in the 🟡Price Reversal Zone(PRZ)🟡. To confirm the count, we have to wait for the uptrend line to break down. If the uptrend line breaks downward, Bitcoin can touch the support line. Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every...
It seems Bitcoin was able to make a Head and Shoulders Pattern near the 🟡 Price Reversal Zone(PRZ) 🟡. So that there is a noticeable Regular Divergence(RD-) between the two shoulders. I expect Bitcoin to drop to at least the support line. Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every...
Bitcoin is still moving in the 🔴resistance zone ($ 32,400-$ 28,120)🔴 also, several times, Bitcoin is attacking the Important Resistance line. If you want to understand the importance of the important resistance line, look at the following post.👇 In addition, the Fibonacci cluster near the number of $ 30,000 is very compact. Also, the growth of Bitcoin...
Bitcoin was accumulating for 3 weeks within an ascending triangle formation. The price set multiple higher lows and equal highs. The neckline of a triangle was finally broken yesterday. The broken neckline and a trend line now compose the zone from where I would recommend buying Bitcoin. Taking into consideration that we are trading in a strong bullish...
cycle Analysis this Should Happen in the Coming Years i will update it every week until the cycle in black color end good luck .
Good evening! Our group reached a milestone of 70 members last night, and I'm excited to share a bullish idea with the world. Bullish momentum continues to build as increasing pressure mounts on the financial world. For many, Bitcoin appears to be "the way out," or so the simple narrative goes. However, I'm not here to discuss narratives; I'm here to analyze...
While Bitcoin seems to be completing Wave B, or even past it, there is a possibility that wave B may follow higher Fibonacci levels or even form a contracting triangle pattern. At the same time, Bitcoin managed to form a symmetrical triangle pattern in the RSI indicator in the 4-hour time frame, which can be considered as a key for the next big move.👇 I expect...
As I said in the previous post, it seems that the corrective structure of wave B can be in the form of a contracting triangle. Bitcoin managed to break the lower line of the contracting triangle, and it also seems to be the sign of the end of Bitcoin's pullback to the broken triangle of the evening star candlestick pattern. After breaking the support line, I...
Bitcoin seems to be forming a complex corrective structure, and a bearish scenario from the 🔴resistance zone($28,900-$28,480)🔴 is still possible. Also, it seems that the new corrective structure that Bitcoin started yesterday will be the expanding flat(most common/3-3-5)corrective structure. So I expect Bitcoin to drop at least to the support line. ❗️ I shared...