I am looking for a short on BTC USD back from the order block. I believe it moves back to the FVG and climbs back the ladder. Lets see how the possibilities unfold. DYOR!!!
News have been trending that Bitcoin is halving, with my analysis I can confirm Yes! Reasons for execution 1)PWH Liquidity taken 2)BOS with 3)0.382 Fibonacci Resistance 4)PWL 5)1.618 Fib Expansion
As of the latest hourly candles, Bitcoin (BTC/USD) shows a dynamic interplay between bearish and bullish sentiment, evidenced by a variety of technical indicators and candlestick patterns observed across different chart frames. Despite recent bearish undercurrents, the digital asset remains within a broad consolidation phase, hinting at potential accumulation...
Bitcoin Analysis Today D1: Bitcoin surged strongly on Friday, forming a wide-ranging bullish D1 candlestick that closed near its high, indicating strong buying pressure on that day. This buying momentum was sustained over the weekend as Saturday and Sunday both witnessed price increases. Structurally, Friday's bullish D1 candlestick is significant as it broke...
(Based on the 3D Chart) SLO2 @ 71438.54 📉 SLO1 @ 66539.39 📉 SSO @ 62702.60 ⏳ TP1 @ 57212.05 💰 TP2 @ 49373.35 TP3 @ 43600.41 TP4 @ 34681.84 (Major Support) BLO1 @ 32539.32 ⏳ BLO2 @ 27336.08 ⏳ This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more...
If you're considering trading BTCUSD, now might be the time to open a short position. The current price is 63587. Setting a stop-loss at 64350.00 could help manage risk. For potential profit-taking, consider three target prices: 63180.00, 62750.00, and 62040.00. Each target represents a level where you might consider closing your position to lock in gains. Keep in...
MAY 7 '24 - FORECAST BTC happy trading everyone- the yellow line is the start of a new moon cycle
In a short time, we are moving between these two areas. If any of the green or red boxes are broken, the next targets are indicated in each area.
Simple: Each cycle must have the RED MA cross over the GREEN MA and just then will the trend begin to fall. Cycles 1 and 2 have been tagged by PI CYCLES. I used trend lines to help with guidance to ALL-TIME HIGHS. MA's agree with PI CYCLES. Cycles 1 and 2 both have the RED MA crossing over the green. As RED MA crosses over the GREEN MA, the candlesticks begin...
this one is a 2hr setup, dropped down to the 15 min marked out a good entry area, left an alert knowing price would coome back to visit, i also made a 2hr entry point since im targeting the 50% of the wick as a entry, so far the 15min has been triggered been such, if it just taked off then im looking at a 1 to 103 RR but if it comes back in for the 2 hr entry then...
Analysis using Multi-timeframe data (1h, 4h, 1d, 1w, 1m) COINBASE:BTCUSD
High and Low breakout of this can give 1:1 trade. .
A flashing inverse head and shoulder pattern is indicating bullish momentum in the 1hour bitcoin price 68,000 is the next target for the inverse head and shoulder pattern a bullish breakout could send the price soaring to a 72,000 target!
Here’s what’s hidden: My custom built RSI points out a pattern: reads a double top that’s been accomplished and shows ready. What do ya think? Is it REAL? because candlesticks don’t show no double top. Let’s find out.
i sense power, super move, nice dinner, maybe steak, so tasteful
This is my first published idea. Im not very tech savvy, but here goes. We are tracking a falling wedge and BTC corrected sharply, challenging the recently formed downward trend line. But now price action has mostly stalled over the last 10 hours. We are seeing bearish divergence on shorter TF's on the RSI and MACD. BTC is pressed right up against resistance...
This is part of my ongoing analysis, see links below. We have been orbiting 63.3k for several days. It is a key level of the wave down from the top. North of 63.3 is bullish, South of line is bearish. This chart is also a good example of my concept. The red fibs are extensions of an Impulse (fib 0.1). Purple lines are retracement levels of entire wave. Previous...
LATEST May 6 2024 - Forecast BTC EXTRAP CHANGED AT 2AM - more bullish now