Bitcoin / Tether USD BTCUSDT

Based on Bitcoin being overbought, bearish divergence, re-testing resistance, shorts stacking up right now Im good to take a shot at shorting this. Looking for a bounce back off lower fibs or even a dump, who knows. For all I know, smart money might just be wicking down to liquidate before a rally up.. I'll ride this one out and see what happens. Not financial advice.

#BTC The nearest scenario for Bitcoin might look like this: we are within the rising wedge, which is a pattern predicting a further decline, but the current state of the market indicates the possibility of continuing to move within this wedge. Therefore, we can approach a tight resistance range, around 6900, from where the price should begin to form a decline. If ...

Hi! Watch the chart - BTC is going down to 6300-6360 zone. What next? We'll see.

i wish BTC last bull to BIG Resistant

I really hope BTC support USD 6,450 will be strong enough so can continue Bull.

After the bullish run we have had this week the action has slowed down. Volume remains up so that is a good sign. On the daily 4h and 15m BTC is right at ichi resistance. We are at the top of the VPVR with a massive gap up to $7000. We could move to 7k or drop down to 6100 and test support again. In the long term falling wedge we can see the trend is at around ...

BTC - USD 1W log scale chart

Hello traders, Finally I finished my 3 weeks vacation and it is time to get back to trading. Looking at the 4 hour chart for bitcoin, we see that beautiful equilibrium tightening pattern is forming and Bitcoin is ready for the potential breakout. However, I am just a little bit concerned of how Bitcoin is moving in last 48 hours. You see, $6585 has been a very ...

Macro Trend: Bearish. Current Pattern Trend: Bullish. HVF continuation pattern to the bull side. Momentum of the legs show strength to the bear side. Price action showing reduction in volatility in correspondence with the OBV squeezing. Keep in mind that we are also sitting on top of a previous recent funnel at the moment A breakout is about to happen ...

#day_trading Good day, friends. The weekend passed and the picture changed slightly. Who has not closed the short from my previous recommendation, I advise you to fix part of the profit at 6600 and put the SL in breakeven. On the sentry frame a figure of the flag was formed. And we continue to move within the ascending wedge. Today I open the long position from ...

just be carefull about double top and be sure about your stop-loss

BTC faces the long-term resistance that it has been unable to overcome since reaching its peak of $20k. Every time, thus far, Bitcoin has failed to move over this resistance. Interestingly, the last two falls have pinged off the 61.8 Fib level. BTC has not yet done so, and is likely to repeat history. The 61.8 lies at $6900. If the bulls failed to move over this ...

Leg 1 resistance is now at the test, and it will most likely hold, and we will go up to end leg 5 of the EW. In my opinion the resistance zone will hold, and we will consolidate with the ABC pattern to the support zone. Then what happens is up to the news in the market and sentiment overall. I believe in going up and retest the resistance zone, and the time will ...

btc is on top of second hill and short can give you around 2%

BTC Repeat Itself

Time is getting close, we won't have a reversal confirmation until we get out of this triangle.. which will be 7k these days for a bullish reversal watch next couple of weeks closely not to miss out the action..

2 resistances that need to be break to confirm a "bullish" trend from the current situation. 1. $7500 as we enter an attractive zone 2. $8500 where people will get FOMO'd (not only "people" but also those who in institutions) by any means, we are also watching out the supports 1. $6100 Where people living denial there is still bullish intact. 2. $5800 is our ...

if BTC pass 7500$.. i think we move to moon,, if just test the 7100 .. so again in bearish,