Expecting a bearish reaction in Daily supply after 15m strong liquidation and bearish momentum
BTC will Move to 55,000$ from now , So be careful
Bitcoin Market Update Last night, Bitcoin tried to break out of the triangle pattern but was rejected at the $60K resistance. It fell back inside the triangle and is still within the pattern. We are now testing the top trend line and the Stochastic RSI is overbought, suggesting a higher chance of another rejection and a drop. Current Observations Both the RSI...
Following on from yesterdays analysis (03-05-24) Bitcoin has broken out of its range and advanced to the daily SMA. I believe that even though the intermediate trend is down (within a greater bullish re-accumulation structure) Bitcoin will likely test lower with significant bullish pullbacks as the market reverses over the coming days and weeks into an overall...
I've been in doom mode for quite a while now. But bear market rallies are the best :D Usually they are fast and aggressive. So here is a level of interest for me. I'll be watching it on LTFs for a trade decision.
On April 30, 2024, CRYPTO:BTCUSD closed at the lowest level, below the $61,200 at the close of Feb 29. More importantly, this was a strong support the CRYPTO:BTCUSD has touched many times and bounced back (March 5, March 19 and multiple times between April 13 and April 19) Therefore the close below this level has a significant implications for ...
Here is a clear view of the patterns I'm watching with BTCUSD. The main macro pattern is this ascending channel, drawn with a diagonal grey rectangle. Touch points on support and resistance are highlighted with red and green arrows. They are perfectly parallel, which increases my confidence in the validity of that range. We also have an established pattern of...
4H is swing bearish => current is pullback up We sell when the price increases to the OB block and there is a signal of CHOCH decreasing
With regard to Bitcoin halving and the possibility of digital currency prices increasing with this event, and with regard to investors' purchases in the market and taking into account the trend of Ethereum transactions and the analysis of digital currencies that have a positive correlation with Ethereum, it can be concluded that the specified area In the price...
Please don't follow my trades blindly, and always manage your risk according to your portfolio. Thank you
This is my idea. Ive used elliott waves as you can see it is C wave target to fibo 61 And it is wickoff pattern We will sell here and buy from bottom
Yo, whatβs up guys really quick Iβm gonna give you a TA on a possibility. Why 50 K could be incoming or is this a fake out with the market cycle that we are in in the moment? We have a lot of indicators right now at this moment with the flow trending into the downside on the daily timeframe also to confluence we have a lot of liquidity sitting right below 57K all...
Bitcoin will remain in an uptrend with minimum price action and slow days overall. I expect it to continue to look this boring for the next couple of weeks. This is usually the time when people are short and fear a break down even though we have already bottomed. The smart investors are accumulating.
Look who is running from downard channel! The targets are with the pink arrows!
I plan to trade as a short chapter to check whether it is the A section of the 5th wave.
π BICOUSDT approaches resistance level. π― potential breakout. π Stay tuned for updates! #CryptoTrading #BreakoutAlert π