It is expected that after some fluctuation and correction up to the range and line of the supporting trend, a change in the trend will be formed and we will see the beginning of the upward trend. Crossing the resistance range will confirm the upward trend. If the price crosses the green support range, the continuation of the trend will be corrective and bearish
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Another day, and now we are seeing a fully formed fakout with price moved back inside the triangle formation zones. As the price is back in this zone, we will see some sideways moves for some time and then potentially a very sharp movement, either to the upper or lower zones. We are also going to keep an eye on the 200EMA line, which might be tested multiple...
50% (fib) is a motivational driver. 60% motivates. 100% motivates.. and out of drivers. people make up stories and reasons why something runs, with the PT's and so on? I find Fibonacci to be convenient? (ie fib shows you the strength of trend, that u cant fake. since it's math)
TP 1/2 Sell and wait for Sell again, somewhere...? 70555? may be, may be not, let's see! Good luck!
Hello Traders, We all experience the bitcoin bull run for the previous months. Bitcoin reached the all-time high at SWB:69K before facing a resistance level Bitcoin is consolidating at SWB:69K level. We may experience bitcoin continue to the buy-side breaking and closing above the $70k level. On the weekly timeframe, there is a lot of wicks indicating...
Do you see what I see? Do you hear what I hear? Do you feel what I feel?
BINANCE:BTCUSD , CRYPTO:ETHUSD , AND CRYPTO:SOLUSD TECHNICAL ANALYSIS The outlook for Bitcoin and Ethereum is positive, but volatility is expected in the coming months. BTC/USD reached a high in mid-March before retracing back to its previous all-time high. Bitcoin appears poised to rise in the coming weeks, with the current spot price above all three moving...
Bitcoin, the world's most popular cryptocurrency, is facing a wave of uncertainty. While some investors eagerly await the upcoming halving event, anticipating a price surge, analysts warn of a potential downdrift. The Halving Shadow The Bitcoin halving, scheduled to occur in 10 days, is a pre-programmed event that cuts the rewards for mining new Bitcoins in...
In the previous chart, I indicated the region where I planned to go long. I'm already in profit as my stops have been adjusted accordingly. My scenario assumes a continued upward trend, but if that doesn't happen, I anticipate a return to the 66500-65500 range, where I'll initiate another long position. I strictly adhere to a pure setup strategy, exercising...
Bitcoin will break its previous all time high... Buy program....
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
long term long short term short i thing end this year btc will be 128K USD
After trying to break $69500 - the border of a massive range-bound formation, BTCUSD had retraced to the local support of $68400 = two standard deviations from the breakout line. If it holds above this level, it might skyrocket towards new peaks, with a possible ambitious target of around $81800 - a161.8% Fibo extension of this trading range. Sentiment remains...
I'm longing the bounce off 68k. Target 75-76k. 65k SL. God bless
Yesterday, before the huge fall, I posted: "A lot of Bearish Confluences. The crown: Daily Rising Wedge completed after price cleared all the Poor Highs + Resting Liquidity in the Top of the Daily Range. Be safe." Fall confirms my Bearish Plan. Not sure how far BTC will fall but its very probable that the Daily Range is indeed a Distribution scheme. Protect your...
Bitcoin is trading inside an Ascending Triangle pattern. The price is currently supported on the MA50 (4h). The next long term Support is the MA50 (1d). The most efficient buy signal inside this pattern has been when the RSI (4h) crossed under (even marginally) the 30.00 level. Trading Plan: 1. Buy when the RSI (4h) breaks under 30.00. Targets: 1. 85000...
BITCOIN BITSTAMP:BTCUSD - Apr 9th, 2024 | ASCENDING TRIANGLE ON BITCOIN BUY/LONG ZONE (GREEN): $71000 - $83000 DO NOT TRADE/DNT ZONE 1 (WHITE): $68500 - $71000 DO NOT TRADE/DNT ZONE 2 (WHITE): $63000 - $68500 SELL/SHORT ZONE (RED): $52000 - $63000 Weekly: Bullish Daily: Bullish 4H: DNT The DNT zones are separated into two and can also be used to create...