Like clock work market has taking out our Asian range high and PDH followed by displacement to the down side and MSS and imbalance entry at the FVG stops at the high and target set at 1:2RRR lets see how it goes.
CRYPTOCAP:BTC price action is currently consolidating in a Pennant Pattern.. Whether this Pennant is bullish or Bearish remains to be seen! Current Price: 64100 The Bitcoin Price has been consolidating btw a high of 73000 and a low of about 60000 for over 2months. Decision time is near! $Bitcoin price action needs to remain supported above 60k to go back to all...
#BTCUSD - H1 📣 Upon analyzing the 1-hour timeframe, with the break of the downtrend around 58541, there is an expectation for the price to rise towards the range of 61000. ⛔ Stop Loss: 56400 On the other hand, with the break of the range of 56400, one might anticipate a price decline towards the range of 54000. ⛔ Stop Loss: 58541
Looks like we may have a while to wait for btc to recover and break this pattern May be looking at Sept/Oct for a breakout, hopefully sooner
There are signs of potential short-term bullish diamonds forming, suggesting temporary support for BTC and a possible upward thrust. This could coincide with the tech sector's earnings season, propelling BTC upwards towards the $66-$70k range (as indicated by the green line). Whether we see a bounce from current levels followed by an ABC zigzag correction, or a...
Bitcoin has finally broken below 60k and we are starting to see our bull trend get reversed!
Meanwhile BTC might be indicating a disaster ahead. Nice running ABC flat may terminate right at the resistance formed by moving averages on different timeframes.
Plotting candle: Bear red arrow shows Bull was rejected. Blue candles have a struggle. White candles or candle reveals what might come next based on volume: 1. BULL plot 2. Struggle plot 3. Bear plot The end of the REGRESSION trend shows a green BULL plot confirmation based on volume but must first close and there’s 6 hours left to close out BULL plot.
Dear Traders, Bitcoin retested selling zone, now we can target the first area 55k and then 45k. Our main reason is for selling swing is based on how price behaved and gaps within the market needs to be filled. Our entry is already activated and now we can target our areas. We expect price to hit our target by end of may. Good Luck.
despite being a very biased analysis, there is a certain foundation above the cup graphic pattern formed, we can also observe that it will first need confirmation of formation and break above to seek the target, if it does not form the graphic pattern, there is a serious risk of falling.
Bitcoin has recently exhibited signs of temporary downside momentum, with indicators suggesting a potential break below the lower band of the standard deviation. This analysis assesses the current technical dynamics and identifies key support and resistance levels for informed trading decisions. Key Points: Temporary Downside Momentum: Bitcoin is experiencing a...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
depending on THE daily and 4hours CHART ..... the price ll go down. MORE until 58000 then ll make strong up until 64300 again... good luck ....
Great R/R on this entry I like the potential for a typical "flat correction" here on a larger fractal wave, which i have labelled WXY and its subwaves all good enough to expect a completed 5 wave move (impulse) lower here, highlighted by the pink wave count.
I think we are seeing an opportunity for entry around the 200 Ema for the big Crypto's BTC, ETH, SOL. This is the flush, an ideal time to hop in and buy, since these areas are generally where markets will bounce back higher. Don't panic and buy before the next leg up.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq index release today. MACD dead cross was engraved on the weekly chart. Nasdaq also seems to be in a...
I've been doing running updates on BTC since I declared my last attempt to short fairly close to the high. Read these in the post below. The conditions for a break now look much more likely. Here's a series of things suggesting BTC will now see at least 40K. Click on each of the below for more info: The Heiken Ashi trend has continued to develop. We've...
Current Landscape: Bitcoin's recent trading activity presents a confluence of indicators suggestive of market hesitation, with a current market valuation at approximately $63,950 USD. Amidst a broader bullish trend over the last quarter, recent weeks reveal a consolidation phase with a slight bearish tilt, reflecting a 1.44% retracement over the past week and a...