Last week I made an analysis on BTC where I compared the current state of the market with two historical patterns. The pattern that I'm talking about is a bullish channel after a big pump that results in another big pump. Seeing how the market historically behaved, I made the assumption that BTC would follow this fractal and break out of the channel in the near...
Moving Towards Targets Steadily & Running In 10% Profit So Far
if we can stay above green upper channel will become support and invalidate this bearish pattern which has happened, this is either a huge fakeout and we will come down to the blue dashed line, or its a start of a new bitcoin bullish rally and a invalidation of a bearish pattern
This is weekly chart pattern with trend lines and resistance as well as support levels.
Hello Traders. My name is Hadi Karaali, known as snipers F_X I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Here is a quick update & my trading plan on BITCOIN, enjoy it. As usual manage your risk and trade safe. Best of Luck!
➡️We have been actively bullish during this period, and we have also shared our specific bullish ideas with you. If you buy based on this idea, you can consider taking profit and leaving the market, because after we achieve the goal, most people will choose to take profit and leave the market, so in order to prevent possible dumping, it may be very wise to lock in...
Bitcoin can have huge rejection from these two areas
In my opinion, Bitcoin has completed Wave 2 of Super Wave 3. Most of the active crypto people expect a price correction from Bitcoin. But meanwhile, whales are buying.
It is likely to suffer in this area for a month with a fluctuation of 8%
the price can go up till 44000 to complete wave 5 and will start correction
Bitcoin D. Be careful with buy positions now. We can any correction soon... - This is not sell or buy signal. Don`t trade with anybody else analysis or signals. - Never risk more than 1% of your account on any position. And don't forget to have more than 5 confirmation for any trade!
What is a Rising Wedge? What helps us look at it and confirm it? ✅ Upward Trend: The pattern typically forms during an upward price movement. ✅ Converging Trendlines: Both the support and resistance trendlines slope upwards, but they converge as the pattern matures. ✅ Volume: A declining volume accompanying the formation often strengthens the pattern's bearish...
Read the text carefully: First of all, note that this is an overview. Our view for Bitcoin is a large degree triangle, which we are now completing wave D of this triangle. When we move down, from the range of 34K-32K, we can return to the side of 42K-46K and then the intended drop will take place, so be careful when returning to 34K-32K. The completion of wave...
buy some BTC and wait for next 52weeks. my mind!!!
As per the given levels see the move now Refer to the previous post where the levels were marked
The possibility of growth is stronger for Bitcoin, but there is a possibility of a correction up to the blue range, i.e. the price of 41,112. The resistance range is located almost 4% higher at 42,755. We have to wait for the reaction in the support range, because if this range is broken, there is a possibility of falling to the support price of 39.417. Friends...
I think if daily candle closes above 37.5k, we may be able to expect 42k in near future