Hello friends,
I prepared the Next Scenario after breaking the 59000 level and will have the confirmation by breaking the yellow line also.
Welcome to the 66400 Blue (X) Correction target and then come back to another bearish for the 50100 target
Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment.
Thanks, Bruce
btc is currently filling in market price imbalance expecting price to test the bullish trend and thinking price will look to either find or form an resistance level if bullish movement is to continue.
Held a nice short swing trade on BTC and finally got to my tp. Taken a few days longer than expect but we eventually got there and pa is currently trading even lower.
Simply trading the market and following the market structure.
Entry 64015
TP 59720
SL 66025
Nothing more than trading within the range and using HTF liquidity points as entry and exits....
🔮 #BTC Analysis
💲💲 #BTC is trading in a Descending Triangle Pattern. If the price breaks the resistance zone and sustain the higher price then will see a bullish move in #BTC
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#BTC #Cryptocurrency #Support #Resistance #DYOR
BTCUSDT completed my last analysis predictions by completing buy limit from 56600 now we are up with 20% profits from our entry at this zone now we have engulfing confirmation and am already in on buy hold buy from this zone till 62k is taken out then rally to 73k will begin
JOIN AND ENJOY............
Tell us what you think............?
As we still continue the downward movement as i called it earlier on we hope to hit our expected target of 48k and since the Non-Farm Payroll is coming it i see DXY moving very strong as expected
We have just completed a 7-month uncorrected rise to 74k. At this level, the weekly RSI showed a point of resistance.
Recently, at the 67k level, the moving averages, stochastics and daily RSI provided an excellent short-term trend reversal point, which could very easily be anticipated.
The monthly RSI, too close to resistances, also indicated the need for a...
🔔We eventually broke below the PML line and the buy zone turned into a resistance zone.
🧠From the graph, we can see that we are falling all the way following a zigzag pattern. The price is about to enter the buying zone on the daily and weekly lines. The strongest short-term support zone is 50636-52888. When the price reaches this zone, there should be good...
#Bitcoin is forming a symmetrical triangle pattern.
Resistance is coming from the Ichimoku cloud and the 100-day moving average.
The MACD crossover suggests a shift to bullish momentum.
It's recommended to wait for a clear breakout or breakdown of the triangle to confirm the next direction.
Stay tuned I will keep updating
#Crypto #DYOR #NFA CRYPTOCAP:BTC ...
Nice to meet you. SEOVERIGN - This is SeoVerign.
Expectations for a cut in the U.S. benchmark interest rate are growing, and there is an "everything rally" in which all assets, including gold, bitcoin, and stocks, are rising.
SEOVERIGN wants to predict the end of the rally that Bitcoin continues to be, the bellwether of crypto (cryptocurrency).
If this analysis is...
BTC hits major weekly support.
We might face a deeper correction up to the 38k levels.
Watch for weekly closing wicks
On the daily SMA 200 is pointing 48k levels. If you take a look ok the weekly we can see it pointing to deeper levels around 36-38 levels.
We can start DCA from the 57k support.
BTC can try to sweep lower buy order and bulls should breach...
""The time to buy is when there's blood in the streets."
A quote that most traders are familiar with. It basically means to buy assets during periods of weakness.
Bitcoin is currently experiencing a very volatily bearish period.
With a daily RSI sitting around 32 points, it takes just one red day for the daily RSI to hit oversold levels. During strong long-term...
