Bitcoin now confirmed of Ascending Triangle pattern and a bull breakout from this pattern we have strong long term trend line support at 9950. our support and resistance at 10102 we have also major resistance between 10269 - 10400 region. The bullish rally still in play but needs to hold our long term trend line support and potential next bull rally after a...
It's a video, worth watching. woo.
I tried to make it as clear as possible on the chart, but here's the thing... right now horizontal levels are aligning very well with moving averages on the hourly chart, and for the last 4 days we've been holding support off the 21 EMA in the same timeframe. Bulls have to break and claim the 9400 level, bears have to break the 21 EMA (currently around 9.3k) for...
Hello friends! The price reached a new high within the primary impulse of the medium-term uptrend. There remains a sign of repeated testing of local highs, after which we should expect the start of a price correction. We do not recommend buying in the current situation. It is worth looking for signs of the beginning of a price reduction. Good luck to all!
Bitcoin clearly breaks out of downtrend but gets rejected at $9500-9600 HTF resistance. I'm trying to long pullbacks, $9150 will be ideal, but BTC not often gives you the good entry point. Closely watching PA, thinking about long at ~9250, to frontrun the price. Information is just for educational purposes, never financial advice. Always do your own research.
This pitchfork doing his job perfectly. As you see lots of touches at medianline. My count plays perfectly so far. I am waiting one more push to $9700 level. Possible that with fomo we can touch $10K. My trade setup will be like; Entry 1: $8320 Entry 2: $8020 Stop: $7649 (Invalidation level for this count) Target : $9699-$10000 (Depends degree of FOMO) R:R...
Hello friends! The price has not reached the key level of correction and the border of the channel. We believe that at the moment, wave 4 continues, the model of which will refine: 1) The price can form a “triangle” model in wave 4; 2) The price can form a “plane” model in wave 4 with a false top in wave B. At the moment, the key support level (level for buy) is...
Hello! Currently, the price is decreasing as part of the correction for the bullish market model. On the one hand, the movement can be considered as a correction of price in wave 4. On the other hand, as a price correction in wave 2 after the completion of the visual model of the initial wedge. We recommend looking for purchases at the level of 8100-7700 in order...
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy BTCUSD from 8400-8270 Stop-loss 8200 You will find more trading ideas in SAV Finance community.
Hello friends! The price declined as part of a local correction. At the current moment, we expect continued growth. Also, activation of the alternative variant is not ruled out, in which the price may continue the correction to the level of 7800 (possibly lower). Visually viewed a wedge model, which can be the beginning of a strong upward movement. Good luck to all!
Okay > Bitcoin 'plummet' 4% for ~15min but pumped 40% to date > Bitmex OI down 150mil. > The daily chart looks OK > CME opens at 6pm EST. Closed at 8925 on Friday (i.e gap thing) Still in position (long from ~8504) targeting 8900+. I think nothing really bearish has happened yet. Waiting for the weekly close. Information is just for educational purposes,...
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy BTCUSD from 8600-8400 Stop-loss 8200 You will find more trading ideas in SAV Finance community.
I see bullish divergence at macd histogram and rsi on weekly chart. I expect a bullish move to 8157 price level and if breakout comes from channel (8157 price level), we can see bullish move to 9244, 10339, 11042, 12318, 12935. If price decline the yellow line resistance (8157 price level) , we can see downwards move to 6400 and 5560. If you have different...
BTC Update I was talking to you on Saturday about a possible wedge figure of downward enlargement and a potential partial rotation after a slight correction. Bitcoin will finally have been able to hold its support zone between 7221 and 7275 and is currently trading around 7500 after breaking the wedge structure. The technical situation remains rather positive...
BTC/USD HALVING LONG Set up Entry 1 4,450 ENTRY 2 4,250 ENTRY 3 3680 Sl 2900 Tp.1 6800 Tp.2 8100 Tp.3 9600 Tp.4 10,400 TP.5 12,400 tp.6 13,500 if resistance breaks tp.7 15,000 tp.8 17,500 tp.9 19,000 tp.10 21,250
I see bullish divergence at macd histogram for bitcoin. Profit Targets: 7390 7600 Stoploss: 7020
The pattern is only valid upon a break and hold of the neckline.