Hey Traders,
BTC has rallied and rallied from 26.5k - 35K.
As you come to Weekly PA and into resistance, it's important to decide when to lock in gains..
Also to not jump on the hype as a fomoer. You won't like it.
Trade HVA's safely.
The current Bitcoin price is trading at $35,536, officially confirming a correction in the downward trend. The convergence of Moving Average Convergence Divergence (MACD) indicators shows bars extending below the 0 line, and the MACD line moving below the signal line, signaling the intersection in the official downtrend. The intensifying downward trend causes...
Bitcoin is encountering resistance in the upper line of the rising channel on the daily time frame chart. The price began to pull back after the formation of a new high at the $37978 level. Looking at the previous movement in this channel and the depth of the previous pullbacks, we can conclude that we are in for another drop in the price of Bitcoin before we...
Be Warn: This Might Be Hard To Watch !!!
Because of my style of trading. No SL. High Risk Trader.
Episode 2 - Precision is on my YT channel!
I'm lovin this way of tracking my progress, more will be coming soon!
The U.S. Department of Labor released CPI data for October yesterday. Both broad CPI and core CPI were smaller than the previous values and expected values. When the data was released, many tokens pumped, but quickly returned to a downward trend. This shows that fluctuation of the crypto is still dominated by ETF news. Of course, if more funds enter crypto market...
It is expected that the continuation of the corrective and fluctuating trend will be formed and then the rise to the resistance range will be realized.
By crossing the support range, it will be possible to continue the corrective process until the next support range
MIL:BTC #BTC dropped to $35,387 support following a bearish engulfing on 4h, Currently testing the support, previous daily close above the support looks great, RSI on 4h and 1D looking good back to normal from overbought region, some consolidation here in short-term before next 🚀
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Bitcoin 30-minute chart.
It is a one-way long position strategy.
There will be a CPI announcement shortly at 10:30.
Today, a sideways trend...
Bitcoin witnessed a nearly 5% decline on Tuesday, dropping to $35,500 as the cryptocurrency market grows apprehensive ahead of November 17. This downturn resulted in the liquidation of 119,246 million dollars in long positions, erasing $90 million in open interest for BTC.
Alternative currencies also faced liquidation, totaling $194.57 million, under substantial...
What an opportunity for Longs who's riding this thing again.
Takes one cycle to learn robes and to survive.
The second ... sit back and enjoy the ride!
Good Hunt.
After this pre - bull run price will try to find new power for next real bull run target wich i 140k.
i know its hard to believe it , and most investors expecting the opposite but this is exactly the trap .
I am going short in price zone 35800-36250.
See you again in under 25k
ZOOM OUT.
BTC broke through major all-time resistance around 34600 and is stilling following upward trend after bottoming out last Nov.
BULLISH.
I expect their maybe one more test of 34600 and maybe dip below longterm trendline like but not too far before rocketing on ETF release.
Could this be a possible short term SELL for BTC?
Based on what price action is telling, the overall trend is to the upside. Inorder for the market to continue heading up, we need a correction.
I'm anticipating a sell from current price.
Remember trading is a possibility.
Hi guys,
BTC made two successive moves from $28000 ->$34000 and $34000->$37000 in just three weeks without any considerable difficulty. Currently we are right above the Fib. 0.5 which is around $36000 level (following my caclulation).
If this level holds at the end of this week (end of sunday 12/11), BTC is going to move to the $42000 (Fib. 0.618), likely....
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Bitcoin, the top cryptocurrency, dropped from nearly $38,000 last week to under $36,550, a 1% decrease. This happened after a month-long 30% rise, sparking talks of a positive trend.
Even though it hit $35,100 today, the crypto market mostly kept its gains from the surge, hinting at possible more growth and less calmness.
Last week, Bitcoin reached $37,800 due to...
Nice entry on the 4hr bounce, broke through the FIB, a strong possible bounce to the upside from here.
Also with the bear flag, that is one confluence you can use to expect a retrace to the downside.
Using with FIB tool, you can catch good entries.
