Hello traders ,what do you think about BITCOIN? Bitcoin seems to be preparing for a crash and could make an AB=CD pattern here. We expect the price to fall to the specified range after a correction move upwards
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Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
We're looking at a grim situation on the BTCUSDT chart; the next local support zone / demand zone is anticipated only...
Hello my friends, today I want to talk to you about BTC/USDT
The price formed a pattern of ascending wedge, after which it broke through the support line, which now became the resistance line.
The price is now trading below the resistance line.
The price can rise slightly and test the resistance line, then bounce.
I expect that after a possible test of...
The patterns show the possibility of continuing the neutral phase in the $15,000!
In November, the price of Bitcoin fell by 16% after the explosion of the FTX exchange bomb.
With this heavy downward movement that occurred in the first two weeks of November, the market stabilized below the $18,000 range by the end of the month, and buyers could no longer cash the...
Hello 🐋
Based on the chart, the price is close to the support area and channel support of descending channel ✔️
if
the price doesn't break the support zone to the downside, we can see more gain, at least to our upper trend line 💣🚀
otherwise
we can see more correction to lower trend line ❌🧨
Bitcoin Update "8-12-2022"
Bitcoin has been spotted on "Horizontal Channel" Pattern Structure on the 15 Mins Time Frame. Bitcoin is currently trading around 16840$. If a breakout occurs, gold could reach the 17140 $ resistance level . If the trend fail, the price of Bitcoin may fall to 16700$.
Happy Trading
BTC Ready for a Strong Rally
After 7 days consolidate
Break-out Could happen at any time
Watch 17500 AREA
if this place was broken,
pls get this chance!
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(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
As it rose above 40.44, the coin market began to show new changes.
(USDT.D 1D chart)
The key is whether it can drop to around 7.86.
Next...
Hey is is Artem update on BTCUSD price action on 1h TF. Looking for movement in range 16660 up to 17200 during weekend.
Price consolidating at rising support lines before fake breakdown and rise. According to this behaviour I am thinking price will rise afterwards and break Green Resitance line to move up 17200.
As we can see price now is near channel support + 0.38% Fibonacci support,so if the support holds price will start to pump from here else we can expect the next Fib levels the place that next push will start from there.
Major supports and resistance are all mentioned on the chart too.
DISCLAIMER: ((trade based on your own decision))
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Bitcoin could not move much above $17k and has since entered a superficial pullback to the support at $16.7k.
However, the problem is that the support here is pretty weak. Bears tried to crack it yesterday but so far buyers managed to stop the bleed. Can they do it again?
If buyers fail here, then expect BTC to retest previous lows at $16k.
The bullish view...
Bitcoin has been correcting sideways for a month already, and corrections are usually tricky, since multiple wave counts are equally possible.
My primary scenario considers we´re currently in green wave "b", which could take us down to the low 1600´s.
Again, I´m only focusing on the short term movements, and will reevaluate as price evolves.
BTC/USDT Binance
4H hollow candlesticks
Price breakout occurred successfully out of the Descending Triangle.
A parallel uptrend channel has been formed.
The same Support & Resistance areas are still valid.
If the price breakout, either up or downwards from the uptrend parallel channel:
Then:
Case #1
Upwards, the bear market is over.
Case #2
A sideways...
As you can see, Bitcoin broke the ceiling, but the ceiling was falsely broken and reversed, and according to the principles, it should hit the bottom of the channel, i.e. 15,000, but according to my analysis, it is. According to the arrow, the two modes are decreasing and falling or increasing. And it grows. These days are fateful BINANCE:BTCUSDT
Hello,
Today I will look at the BTC/ USDT pair on Binance in the 4h timeframe. The demand zone is sitting around 16K, and the supply zone is around 17K. I can see that the descending triangle is formatted, and I am expecting that the price will go downward from its current position. I am expecting a downtrend, bearish movement, and the price of Bitcoin to go down...
Hi!
Completed the Bitcoin deal.
After removing liquidity and testing the FVG D1 zone, we did not see much continuation of the downward movement.
Closing the day within the range also indicates a buying priority.
In the zone of interest $16,750-$16,700 I will consider purchases with the goals of $17,420, $18,200 and $18,600!
All profit!
BINANCE
