BTC trend is till down, better to follow and open trades after aBTC trend is still down, better to follow and open trades after a trap
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(BTCUSDT.P chart)
1. 1M chart
- It depends on whether it can rise above 28454.9 to break out of the downtrend channel.
- If it
BTCUSDT likely to head to daily resistance 27066-27196It seems the price has retraced to the degree it required to. Its similar degree to the one from the entry of my short. I think it is likely that the price is going to head up from here with temporal retracement. If the last push to the daily resistance DR1 was impulsive then this move to the upside
Bicoin Long 20230608Structure Break
Blue -> Green
BTC , BTCUSD , BTCUSDT , BTCUSDT.P , BITCOIN , CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Bitcoin Elliott wave count 1HIf the correction WXY (black bubbles) is over than we may start to push higher.
We may have an wave 1 started from 25364.8 and ended at 27394.4 to start an impulse to the upside.
Price bounced on 0.618 fib retracement of this wave 1 and probably completed wave 2 at 23119.5.
If this count is correct
BTCUSDT - Possible long smart money strategyIf btc breaks the bearish ob, wait bullish ob for entry.
It's an idea, not financial advice DYOR
My idea about BTC short termi think we can have a pump from here
just my idea and not financial advice
always do your own research
Bitcoin Analysis 6/7/23 (Bump and Run Reversal Top)Bitcoin may be forming this massive Bump and Run Reversal Top on the 1 Day Chart. The price target of this potential move is around 19.5k. It could take 1-2 weeks until we see the potential breakdown. Until then the price could continue moving sideways.
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
