Previous analysis is playing out accordingly. There is a 5min resistance at 69500 for it to have a chance to come up there would have to get through the 15min 69290 resistance block.
👏🚀 Great job to everyone who seized the opportunity with the higher low long from the 1-hour zone! Remember, stay smart and don't let greed cloud your judgment. Secure profits and set your stop-loss to entry. This is the strategy I personally prefer because why give back money to the markets when it's already in your pockets? 🤑 Keep in mind you can take 50% off...
The recent 5% drop to $65,915 after yet another rejection at the $70,000 prize zone is telling of the market's current sentiment and the strength of this resistance area. The rejection, not an isolated event, marks a continuing trend this month, indicating that the $70,000 level is a significant psychological and technical barrier. As I've mentioned before,...
📉 Unfortunately The Worse Scenario For The BITCOIN Confirmed And At This Update I Wanna Describe It 📥 The Main Structure Formed At The Chart Is a ABC Corrective Pattern, Wave A Completed At 61k Low And Also Wave B Completed At The 71500$ Top By The Clear Bear Flag 👉 Currently The Price Breakdown The Bull flag And 58500$ Is a Main PRZ For Wave C 📊 The Good...
BTCUSDT Descending Broadening Wedge Aggressive Trade Idea Playing a Long Setup of BTC's DBW w/ implied continuation with the formation of a Partial Decline. One should wait for the Breakout and Backtest of the DBW for the safest setup. Long time since I posted a setup, I plan on posting as much as possible, thank you all for continued support !
This is my BTC idea for the long term as I did my chart based on the chart and the historical data as well. As you can see in the picture attached to the chart, second time in the cycle when #BTC NUPL goes green (blue arrow) it indicates the start of the Bull Run (Parabolic Phase) 🐂 🚀 shout out to @CryptoBullet
BTC/USD is exhibiting a bullish sentiment, with a Tweezer Bottom candlestick pattern indicating a potential reversal. Here's a trade plan based on this observation: Entry Point: 65794 Stop Loss: 65386 Take Profit Targets: TP1: 66202 (Risk-Reward Ratio 1%) TP2: 66610 (Risk-Reward Ratio 2%) Traders can consider entering a long position at the specified entry...
BTCUSDT is trading in bullish trend in 1 Day time frame as it is printing higher highs higher lows and confirmed by the formation of Bullish Candlestick. I'm taking buy limit order by using trend line and FIB Retracement tools.
Btc can be short for 500 to 800 point It's a risky tread and have only 250 point stop loss Btc tread at rassistanc Possible retressmet of 500 to 1000 point is possible
Probably, the price of Bitcoin will decrease to the level of 60 thousand or even 53 thousand.
We have clearly established ourselves at a new high The task is to maintain 60,000 to continue growth Locally the minimum goes up, pressing towards the breakout up High probability of continued upward movement up to 90,000 Breakout levels 65k and 72k In the near future I expect the lateral movement to continue
Btc on the LTF (4H) is currently testing the 4H 200 MA. This is important because this moving average acted as support multiplies time before breaking below. Therefore, if we continue to close 4H candles below then we could have much lower to go. But, if we can regain the MA as support again, we could go back to test the highs.
BTC/USD (Bitcoin) by being more accurate formed this massive triangle/pennant (6H). If it breaks towards the upside we can start discovering the new price targets. Full send after a breakout in any direction.
Hello people, First of all let me explain that i use a few charts/exercises just like any experienced trader should. 1. So let's start with this chart which is an update of the chart posted on September 11th this year 🚀 Can BTC wake up before September ends? Indeed BTC did wake up before the end of what is considered the 'worst month'. Despite the...
Hello Dears Bitcoin conditions are very complicated! I am very eager to see the future But I have two scenarios And I will prepare for short position with lever 3! I need two more waves to make the final decision! Good luck
Significant spot interest is in the 60k range. GBTC outflows back to their 2019 range, thus are most likely going to slow significantly. The cost basis of ETF buyers is around 57k. Miners are selling Bitcoin before the halving to secure cash in anticipation of reduced revenue (while difficulty is still high). Remember that forced selling is a buying opportunity...
BTC might seem to accumulate but i don't think it's true. In fact BTC is preparing for another dump
BTC did not retrace to the bottom of this wedge, it broke out of its descent pattern and in fact has regained its prior long term ascending trend line, this is showing strong support and a probability we will be breaking out of this wedge and possibly sooner than later. Additionally, a lot of alts were sitting right at their long term ascending trend line and now...