#BTC has broken above the resistance zone area successfully and again it has reached a crucial resistance where btc got rejection,in oredr to keep moving to upside btc needs to close above the current resistance atleast on 1H TF.
However,trend change will take time,follow us to get ASAP.
To win you have to be crazy.
This is my real setup. Entered 50% already, will add last 25% around 19940 or 20500 whatever will be first.
SL 19890 and may be lowered a little bit.
TP at 21900
Not an advice, it is only my risk.
-20% at 50x at the moment
According to data analysis Bitcoin (BTC) is preparing to do an 'Inverse Head and Shoulders' which will take it to an ATH of 100k in Q2-Q3 2023.
Buy in ATL and sell in ATH and enjoy the party.
Below are important levels and signals from indicators
SUPPORTS - RESISTANCE - FIB GOLDEN RATIO
Gaining Bullish Momentum = Above 27588.74
New Bull-run = Above 37566.04
New Bearish Leg Downside = Below 17963.16
Next Bearish Support = At 12581.66
Bearish Target = 8840.61
Maximum Lower = 5585.71
Dixie had its first sign of weakness and imo a matter of time before it reverses
been in the downtrend since Nov and 1 god candle is all it takes to change market sentiment
not leveraging yet but waiting to see a break out of this to start degen trading
remember once we are in up mode lots of gains to be made
for now lots of volatility before the final trend .
BBs squeeze - usually breakdown
Enter at VWAP
My first Sell at 19348 (BTCBUSD Fx50)
SL at POC (19472)
More details during the trade.
My ideas are free. Free from obligations.
Best wishes to your trades!
#BTC is currently trading in ascending triangle and has been able to hold the trend line support,keep eyes on the trend line as if it loses trend line support we might again see a pullback
#BTC repeating the same story again and again,again close above above the blue box resistance but could not hold and now again trading below this level.
👉🏻Avoid trading in current situation longs and short both can be risky here ,only enter on confirmation or pullback entry is suggested
#BTC is still trading with same resistance and same major support on macro level,while on the micro level the red line emerging as the strong support on 4H and btc has been able to trade above this support since 24hours now.
👉🏻For me a close below the red line support on 4H will again be a bearish sign.
Hello guys. I just wanted to share yet another idea with you guys. As we can see here, this is a simple head and shoulder pattern.
What am I expecting here to happen? Well it is simple. I expect a slight fall to 18650 area, but we will see what will happen'
NOTE: I AM NOT A FINANCIAL ADVISOR! You have to do your own research.
Bitcoin is struggling at the resistance around 19.5 k level and any long entry from here could be risky until btc closes above current resistance box area ,do not enter into longs without confirmation as the market is pretty shaky and pullback can happen.
Bitcoin has now broken above the green box resistance and now it is the new support level for bitcoin while purple box is the new resistance for bitcoin,I do expect another leg of pump after it test the support .