Hello all dear traders! Let's discuss and plan our short-term strategy today! Overall, BTCUSD experienced significant volatility over the past day with the price falling past the $63,000 mark. It is currently trading at $62,627, marking a 0.49% increase on the day, since hitting $62,179. But! At the same time a pattern has formed which we often call a triple top...
Hello everyone! As predicted yesterday, BTCUSD has lost 62k support and the pressure is on the selling side. It is currently trading around $61,167 and has lost 0.03% on the day. On the 1-hour chart, there are 2 interesting resistance levels that were clearly broken by the bears at $63.00 - $62,000, generally indicating that the selling pressure of the bears is...
Default settings would look like: To increase responsiveness to risks and close positions with slightest trend change incentive, it's best to check the following: Invert BSP Dynamic Factor It is adjusted to the market incentive because the SuperTrend governing bands have carry ratios of bulls and bears. It causes bands to fuse with ongoing candle emerging...
Buy low. Sell high. All-Time High. #Bitcoin I'm anticipating a #Bitcoin pullback into the end of May. Get close to RSI oversold condition - maybe touch the 30 lower level on the RSI - and then a quick reversal as #Bitcoin resumes its Bullish narrative towards ALL TIME HIGH. It's a great time to be alive. I for one, will be partying as we ride the rocket into...
Hello everyone! This is my idea for BTCUSD which has lost 62k support and currently trading around $61,000 Looking from a technical perspective, it could send BTCUSD to $60,000. Going short with SL 62,300 and TP 59,900.
A breakout to the upside may hint direction reversal.
Bitcoin (BTC/USD) has been in a long-term price uptrend since 2023. However, Bitcoin has been in a short-term downtrend since April 2024. Bitcoin price could potentially re-test Support Trendline 1 and support prices of approximately $56000 down to $55000. Bearish Scenario: price falls and test support levels below such as $58000, $55000, $50000, $45000,...
As long as the red box is not broken, lower numbers can be seen
Hello all dear traders! So after a long period of price decline, BTCUSD rebounded with a spectacular breakout from the price wedge, which was not only a move from the bulls but also pushed the price up sharply from this point on. It is currently consolidating above highs of $63,083 marking a 0.1% gain on the day. However, looking from a technical perspective on...
btc has broken bullish structure last test around 65000
Hey there, what do you think about trading BTCUSD? Currently, on the technical analysis chart, BTCUSD has broken out and ended its downward trend with a breakthrough above the descending trendline at $61,600 USD. From observing the technical chart, I advocate for a buying trend in the short to medium term with a profit-taking target around $64,000 USD, and even...
Hello everyone Maybe I should have waited and see what will happen but I really want to give you all of my ideas. BTC is in wave 4 (The worst corrective pattern) and so we should wait to get a reliable confirmation to get in. This idea is not very strong but just keep it in mind. One of my annoying problems is that Altcoins do not have much more chance to...
As usual, most of what I have to say is in the chart.
runing flat for wave 2 that looked like 5 up .still vali5 waves for upside
Man has provided a meaningful and detailed description of the analysis and prediction. Jesus has walked us through the process. Put yourself in the shoes of Jesus and see if you would understand the context based on the facts.
Ready to moove for a new bull run season Buy and hold now! (108k target) This is my last post thank u all👏💪 This is not a financial advice dyorr Enjoyy
Bitcoin has been retreating from its all time highs. The momentum is negative, which means we can still expect more lows. The good news is that it started to form a positive momentum divergence, which basically means the acceleration towards the downtrend is slowing down, and a possible reversal is in the making. I don’t see a good timing to start a position, I...
possible low on btc if it brakes 61000 for a wave 1, then holds the wave 2 above the lowof 60100 this is a valid macro wave 1 according to sir ralph nelson elliot. but i do see price spiking 60k which it is yet to do. would like to add i had 50k as my reversal level. but no one knows .60 kcoule be the one