Here a Shortterm Tradesetup. Based on the Assumption BTC is pushing into its 5-5-3
Manage ur risk acordingly.
I Personally will
enter Long at 63205
Stop loss at: 62861
Close long at: 65100
Bitcoin broke the descending trendline and the resistance level. Bullish movement boosted by upcoming halving can bring BTC back to $68k level and above
I just jump in for quick short from the top this descending channel ,because we didnt beat 64k as was expected and get sell reaction after good bounce up from 59k. If BTC will back to 64k i will re-enter short 64100-64500 probably range.
not financial advice, please follow your own technical analyse and research, do not invest money without personal investigation...
A.O.A And Good Morning To All. Bitcoin continue Retracement. There is no Bullish Sign till now.
I Draw in this Chart the Lines Based on Daily and 4H TF. The key point where price can Give us a Reversal Signal. After Dropping Down From 73k to 60k . its Not Easy To reverse in just one day. And If Bitcoin can Reverse it Just in one day. Here are the key Levels....
Hello champs,
We've already analyzed this chart in previous posts and just now we witnessed a breakout and the second candle closed above the line which is very bullish.
Still waiting for a green candle to entre the trade.
Trade safe!!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
BTC, YOU DECIDE, WE REACT! 📚
👉As we mentioned in our previous analysis attached on the chart, check it out and come Again!
Price broke below our last major low for the bears to be taking over, Meanwhile, price approached our...
Anticipating BTC to trade within the range of the previous monthly low and high. A clear direction may emerge if it breaks below the previous monthly low, signaling potential downside momentum. #BTC #Crypto"
Now bitcoin is trying to close above the monthly order block and channel midline. The overlap of these two resistances has made it difficult for the market bulls. It is better to wait for Close Candle in March. It makes the prediction easier for us. There are three more days left until the close of the candle. Set a firm stop loss for all your transactions.
seems like halving correction has over now and btc finally preparing for another leg higher
formed falling wedge in hourly timeframe while rsi printed massive bullish divergence expecting successful breakout too
incase of successful breakout expecting move towards 72 to 73K in coming days
4H TF reset, Daily TF resetting. Halving is almost upon us all. Are we gonna see 52k BTC at the Golden Pocket, only time will tell.
For now it's bouncing off .386 fib. Scenario in charts. I'm till neutral
Everything indicates that we are close to the local bottom on BTC.
RSI D1 is cooling down and W1 is entering unsold ranges.
BTC is getting closer and closer to the averages of the PI index, from which it always bounces in bull markets.
The Fear and Greed Index is at 55 and has cooled down significantly.
Another downward wave to $55k is expected, but I believe...
