"Yep, just like i expected, the price hit the sweet spot and basically said 'nope' with that rejection. So, i am thinking it's time to flip the script and go short to shake up those buyers and make some gains."
Support and resistance levels are shown in chart. target 1 is 65k.
In this chart pattern and resistance/support zones, you will find that appart from the manipulation of the 1st of May, the Bull flag of BTC is still alive. As soon as the upper resistence is broken, the target price for this Bull flag is 104k.
Our previous deal closed due to a stop loss. However, since our goals remain unchanged, we're re-entering the deal. We observed a fakeout and subsequent rise, confirming our upward trend. Let's ride this wave! 🚀📈 This goal was sent to me by a major player in the game. His insights always hit the mark because his team commands one of the largest capitals in the...
Still boring. Yesterday did print a bullish engulfing candle, which is encouraging. We also saw price bounce off of the range low, which is another positive signal. That said, we still are just ranging near the range low and trading below the track line.
- Swing structure is bullish - Internal structure is bearish - Market can make a new LL from marked FVG - Price has to break major resistance in order to continue bullish structure. - We will trigger long on break of major resistance and then pull back.
📉 The BITCOIN Price Was Unable To Break The 65k Resistance And That Was a Final Chance For Bulls 👉 Currently At The Lower Timeframe Bear Flag Formed At The #BTC Chart Exactly Above The 60k Support And I Think The Price Will Breakdown This Support Toward a 54k~53k Soon 📥 By This Incoming Dump Wave C Will Complete And New Bullish Trend Will Start For The BTC
BTCUSD is exhibiting signs that it may be forming a head and shoulders pattern, a critical development that could indicate a potential reversal in the current trend.
Bitcoin We can take new long after some range or SL hunt In a vidoe i shared why i think BTC can reach new ATH soon. Main reason - Big Liqudations levels But to take a trade we need clear entry with good risk to reward ratio. that's why better if price create some range. Example how it can look i shared ina video.
Yesterday, We had a worse than expected unemployment numbers. Which is bullish, monetary policy wise, for risk on assets. Underpinning the "Higher for longer" rates thesis. However here is a legit bear case scenario to keep in mind. SPY had a follow through day but few quality names breakout. Which means market could stay weak for a little longer. We had a...
Potential Wyckoff reaccumulation scheme. Perhaps large capital is gaining a Long position before the growth of BTC. Let's see! =)
Hello, fellow traders and investors! 😊Let's dive into the latest analysis of Bitcoin's price movement. As we assess the current market conditions, it's evident that we remain within a medium-term downtrend. Despite recent attempts to break above the main descending trendline, the price has failed to sustain upward momentum. This failure to breach the...
I still focus for bearish. Looking next impulsive move. Trade at your own risk guys.
Bitcoin vs Tether 1H bearish flag all the way upto 59k possibly lower if it holds down there
Hello everyone . I hope everyone is okay All the analyses that were published earlier were successful and this is a blessing from allah 🙏🏻 The analysis can be found below 👇🏻 Today I will explain to you my view of the medium and long term of the Bitcoin price I still expect more growth in the coming months and what is happening now is just a break to continue...
BTC / USDT The BTC bottom is about to be formed in next few days Most likely we will retest 61k-59k zone again In order to go straight up from here we must hold above that level .. The other scenario is breaking down and and in that case we can say the bottom will be formed around one of these levels 56k - 50k or even late 40s We can see altcoins market...
An interesting development is unfolding on the fifteen-minute timeframe in Bitcoin, indicating readiness for selling and shorting. Due to two candles forming around the $60,000 mark within a fifteen-and-a-half-hour timeframe, along with the formation of a head and shoulders pattern, if the price can break the trend line in the lower timeframe, we can expect the...