As we can see this is the last valid resistance left here and we can say it is around 49K zone.
If this resistance and local resistance on the chart break then the price once again will touch the major resistance zone and after breaking that can pump to 60K resistance But technically we are looking for another correction here like a red arrow.
DISCLAIMER:...
BTC / USDT
On small time frames like 4H
we can see BTC is still holding above 46k5
This area equal 0.382 fibonacci and has a cluster of moving averages
This area also was previous resistance which turned into support
Market is fine as long as btc hold above it and the first targets could be 49k and 51k ..
Invalidation : if btc closed daily below 46k we can...
Welcome to this quick Update, everyone.
If you are reading my updates for the first time, do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Bitcoin followed our last ANALYSIS perfectly and broke out the Bull Flag.
Currently, BTC is in the resistance area.
$48.6k happens to be an important...
Yesterday I made an analysis on Bitcoin. Here I argued that Bitcoin was facing resistance at the $48.5k resistance, which caused the bullish move to stop and BTC reversed back to the break out zone.
This break out zone was the main indication for me whether we'd go up or down in the...
Price failed to close below the support at 47.2k and jumped back up breaking the resistance at the 48.2k level. MACD lines crossed and is back to bullish with RSI being bought and EMA ribbon working as support. Higher lows are being created with price breaking the previous high. Currently price is sitting at the support area and some bullish movements are...
Good morning starts with a good trade, wolves🔥
One more formation. So get ready
There was a slight and confident bullish trend before consolidation.
The price multiple times bounced from support and resistance level.
Then there was a bullish breakout.
Possible retest of the level is expected.
Follow the chart and look for the best price to enter...
Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BTCUSDT 1W Chart)
If the price is maintained above the 28130.0-29300.0 range, it is expected that the uptrend will continue.
If the price is maintained...
Time is on my side, yes it is
Time is on my side, yes it is
Now you always say
That you want to be free
But you'll come running back (said you would baby)
You'll come running back (I said so many times before)
You'll come running back to me
Yeah, time is on my side, yes it is
Time is on my side, yes it is
You're searching for good times
But just wait and...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (48086.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
someone once told me : " Time is a flat circle. Everything we have done or will do , we gonna do over and over and over again forever. "
in the last cycle , ( almost ) 10% before taking back the ATH , btc experienced a 50% correction . as you can see in the recent mini-cycle the same thing is happening step by step . also the weekly chart doesn't seem well ( see...
as we can see the price is in the bullish flag pattern and i expect the price to rise after a little correction ...
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 19.Sep.2021
⚠️(DYOR)
BTC/USDT Binance
4H hollow candlesticks
Since the last bull run started at 21th Jule, a HUGE price correction has followed as a bearish flag or bearish pennant pattern (not sure), which is more clear to see in the 1D timeline candlesticks.
The bottom of this correction came in the exact spot the first Fibonacci retracement is shown, as a red rectangle...
BINANCE
