Hello my friends, today I want to talk with you about BTC.
Now price trades under strong resistance level 21700 and can't break it.
Price is attraction to resistance level and create something similar to triangle pattern.
Now situation 50/50 but I think that btc will continue to grow.
Of course, price can decrease a little and even trades some time below the...
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Bitcoin exit upward from ascending triangle from previous idea.
But for now situation looks like BTC being in accumulation (range)
Resistance level 21700 and support level 19850...
Following on from our last post, we indicated that there's a final bearish wave left. We are now on the verge of breaking down for the final time.
Once this bearish leg is completed, we will be looking for bullish price action for the next bull run.
Shorting Bitcoin here will be a bit risky with limited gains to be made. The bigger and better trade would be to...
As we can see first resistance zone that is the red trendline broke and it seems that we had a valid restest too so we are looking for more pump here like the green arrows mentioned on the chart.
Notice: only if again price fall below the red trendline then gain is expected from next supports.
((press like👍 if you enjoy + comment your opinion about the market or...
Bitcoin failed to gain momentum over the weekend, the same way it failed to gain any serious momentum on Friday when Nasdaq was rising.
Sentiment is key right now and the Fear index is still in the Red.
China warns Bitcoin is heading to zero but BoE looks on the bright side: cointelegraph.com
It will FLY sooner or later. At this stage I prefer...
I have been calling all BTC moves as you can see from my related ideas below.
We are waiting for a buy BUT first, we must complete the final liquidity grab on SMC buyers from the order block.
I will be selling into my buy zone with members.
Let's hear the hate in the comments 💬
Hello again, the BTCUSDT chart is currently in the daily trading range. Given the support and resistance identified in the 4H period, two possible scenarios have been identified in this period. I hope you find it useful. Good luck.
If the price goes back to 19,800$ or goes lower than it, arguably 19650$ in demand zones, I think it's a good place to look for a long, and buying pressure could step on the market if it sets foot on those support levels. but you should watch carefully how the price reacts to these levels before jumping into the market.
Welcome to the quick update of BTCUSDT. It is currently trading around $ 21400. With the last low of 17600, it bounced pretty well all the way until 21600 thereby hitting the immediate resistance.
As of now, it is trying to retest the 19k mark but failing to do so and regaining the 21k mark. As per the charts, it is evident that the price can take a...