Just a quick note, I have been in this short position for a bit now already. I'm not saying you can't short from here, what I'm saying is that for the risk adverse it is not the best value position to short from here as price can easily scare you out of position and the stop can have a high impact on your capital. When it comes to liquidity and reversals, my rule...
It's not yet time for hype. I expect another strong drop and take most of the profits at this moment. No volume reaction = No fresh money.
Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price has returned and remains on the local downtrend line. When we unfold the Trend-Based Fib Extension grid, we can determine the support zone from $41,250 to $40,716, then support at $39,954, and further support at $38,988. Looking the other way, there is...
The BTCUSDT pair appears to be showing bullish signs, with increasing buying pressure and positive momentum. Traders are optimistic about potential upward movements, supported by key technical indicators and market sentiment. Keep a close eye on price charts for confirmation and consider potential entry points for a bullish position.
BITCOIN UPDATE The wick down was to liquidate longs we reclaimed the 200MA again, you can long and use the 200MA on the hourly as a stop loss
DO NOT FORGET USING A STOP LOSS Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. I hope you are always profitable
TRADE ALERT! BTC Ticker: BTC/USDT Entry:43800-43999 Take Profit: 45500-48000 Stop Loss: 40215 Risk to reward: 1:2 Technical Thesis: Bitcoin is making an inverse head and shoulder pattern ( bullish) For this bitcoin need to hold 42000$ level. We have neckline around 44000$ Once price breaks neckline with good volume then target can be 45500$ to 48000$
📈 Technical analysis BTC/USDT The price of Bitcoin has broken the upper boundary of the parallel price channel it has been in for over a month with an impulsive movement. Currently, we are witnessing a test of the resistance level at 42,000, upon which the further direction of the price movement depends. If BTC consolidates above it, we expect the formation of...
The chart currently displays a rising wedge pattern on BITSTAMP:BTCUSD , a configuration often preceding a bearish reversal. Despite the recent price decline, the market trend is still upward, and prices are consolidating within the expected range. Currently, the price is positioned in the middle of the wedge's range, indicating a neutral stance. Traders should...
The movement of the crypto market at the moment depends on the exit from one of these double boxes. I will wait to see whether the green zone is broken or the red zone. But my personal opinion is that it is moving downwards because Bitcoin has been completely bullish for a long time, so a correction seems logical at this time.
Dear Traders, BTCUSDT has been bullish ever since November, and it is likely to reach 48k area as price is extremely bullish at the moment. NFP will have significant impact on the price $BINANCE:BTCUSDT. We will keep you update as price move forward. We are neutral here and coming days price can reach beyond 50k.
first TP 48K usd then backtest to 37K USD
Hi there . Please follow my trade to get best profits . The last of my analysis be accrued I hope this analysis as it possible .
Typically U.S reports are important factors which affect markets even crypto currencies. Therefore, maybe 40020 is the most important support level.
The AB⚡️CD pattern is a highly effective tool utilized in trading to identify potential opportunities across diverse markets, including forex, stocks, cryptocurrencies, and futures. 💜 If you appreciate our guides, support us with boost button 💜 This pattern takes the form of a visual and geometric arrangement, characterized by three consecutive price swings...
Hi folks today I'm prepared for you Bitcoin analytics.A short time ago price rebounded from the trend line and made a strong impulse up to the 41000 support level, which coincided with the support zone. Soon BTC broke this level and at once rebounded higher than the resistance level, breaking it. After this, the price some time traded in the resistance zone, but...
I'll ask everyone to not get carried away by the news. It's all manipulations and Bitcoin would hit 40k in the coming days. Be patient and enjoy. Don't forget to manage risk as well Like Share, like this post and leave a comment Thanks!