According to the areas, previous halving trends, and weekly candles, 2 points for step-by-step purchase of Bitcoin are identified in the chart.
Don't forget capital management! be profitable.
Bitcoin facing a strong dynamic resistance now and there are 2 levels as shown on the chart. potential trades can be taken based on breaking of each of these horizontal barriers.
good luck everyone!
Bitcoin had been forming a rising channel for quite a few days here which is seen best on the 4hr chart timeframe. I chose to show it on the 1day timeframe though because the channels breakdown target just so happens to align with the daily 50ma(orange line). It would make a lot of sense for it to retrace to the 50ma and attempt to retest it as support. Of course...
BINANCE:BTCUSDT is slowly climbing upwards. It is about to potentially break through the downward channel border and update the highs. The market broke and closed above the significant level at 65,000. Also, it broke the structure, making higher highs and higher lows. I expect a short-term rollback to the support level, then growth from the support level to...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BTC
(Update)
The Bullish Pennant Formation In 12H Timeframe✅
Incase Of Successfully Breakout Expecting Massive Bullish Wave ✍️
After the triangle fakeout on April 8th, Bitcoin experienced a significant drop, reaching a low of $59,660. Despite this drop, the macro perspective remains bullish. Currently, BTC is trading around the $64,000 area, with a range low of $60,000 and a range high near $70,000.
Since the last update, the price moved to the Fixed Range Volume Profile (FRVP) Point of...
Now I just want to say that if Bitcoin breaks through this support level, we may see a big blood fight in the market, but Bitcoin has been unable to break through the high, and it feels like a short opportunity, you think
Trading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin 4h
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 60600.0
⭕️SL @ 58000.0
🔵TP1 @ 70100.0
🔵TP2 @ 77000.0
🔵TP3 @ 87000.0
What are these signals based on?
The price hit the support zone of the corrective channel
Classical Technical Analysis
Price Action
Candlesticks
...
Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
BTC is presently exhibiting a symmetrical triangle pattern, with resistance from the Ichimoku cloud and the 100-day moving average. Moreover, the MACD crossover suggests a potential...
Do you know what DTCC bank is ?
If you read latest news you will find out it's not that hard to understand next move.
Anyways, I think this week BTC will tap into supply zone above which has FVG and after that it falls down to 57k.
By checking the #Bitcoin chart in the weekly time frame (logarithmic), we see that after the price dropped to $59,500 last week due to the tensions in the Middle East, but we saw a rapid price recovery And currently, Bitcoin is trading in the range of $66,500! By keeping the price above the support level of $59,500, we can expect more growth in the medium term!...
🔥 Bitcoin Halving 2024 is less than 10 hours away.
💡Before the Halving 2024 , Bitcoin seemed to have experienced an increase due to this happening .
🏃♂️Bitcoin managed to break the Resistance lines/Downtrend line and is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴.
🌊In terms of Elliott wave theory , Bitcoin seems to have completed wave...
