BTC / USDT
This is how i see BTC right now
New flat resistance is formed after the recent 3 rejections from 24k and ascending triangle pattern is detected
Overall ,this is the 5th time BTC is touching 24k resistance ,So there is a high chance of success this time Or the next one(Resistance becomes weaker over times)
What targets if BTC made a breakout? ...
Today we will analyze the local situation on the BTCUSDT chart
In general, the BTCUSD price is moving within the framework of our global idea, which we published 2 weeks ago and which is working perfectly:
Our BTC price target for the coming days is in the range of $25500-26000
Also, before reaching the goal of $26,000 per Bitcoin, a small price correction...
Recently we've seen a lot of news and headlines surrounding today's CPI. The market expected that we'd go from 9.1% to 8.7% headline inflation. Furthermore, the market expected that the core inflation would rise from 5.9% to 6.1%.
As seen on the charts, both expectations have been beaten. Both headline inflation
and core inflation beat expectations by 0.2%,...
Hello my friends, today I want to talk with you about BTC.
As we expected in my previous idea, bitcoin decline to support line of upward wedge.
For now I see possible bounce from support line and continuing rise.
Current support zone 22800-22400 USD so price still can make some not big relow before next upward impulse.
Intermediate target is around previous...
If this bull market here continues we can expect targets like 26K$ and 32K$ here.
Major support now is the 21K$ support zone, also major resistances now are red trendlines and if these two resistances break heavy pump is ahead.
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Welcome to this BTC update.
BTC is forming a cup and handle pattern in LTF and also it breaks out from the neckline of the cup and handle. Expecting a good bullish move up to $26k from here.
Invalidation level:- Any candle close below $23.5k will invalidate this chart.
Bitcoin | A Complex Price Development
Since when the price tested 17.K the price has been in a correction for a
a long period of time.
We have seen new bullish volume to join bitcoin during this period of time, however
the price is still in the development process.
After, the price tested the lower part of the "BIG Wedge Pattern"
we can see the bullish movement...
I have been talking to you for several days about the potential insane short on 4h which will cause short on 4h, which will cause the short setup on 1D.
Today on the 4h timeframe BTCUSDT chart of the WhiteBit exchange we can see that the insane short setup have been flashed. I entered short on the first decreasing MACD histogram column according...
BTC Analysis for 12th Aug 2022
Currently BTC is near Resistance level of Fib 0.3% . If the BTC broke the Resistance level then the price of BTCUSDT might reach the resistance level of $26890. If the trend reverses, then the price of BTCUSDT may fall to $22400
Entry Point - $25000
Target - $26890
Stop Loss - $23760
Happy Trading !!!
Hello Traders I hope you are well and safe. Today am Discuss #BTC/USD For Short. Here is a Full Analysis of #BTC/USD. When price Test Supply Area then the Nice opportunity for short. If you have any queries then leave a comment. Thank you
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Trading plan from previous idea is still valid.
For now we can see that prices trades in ABC correction and waves A and B already passed.
Now price trades inside 3rd downward...
Yesterday on the news BTC did exactly opposite of what I predicted and rose 7%.
Right now most of the crowd is rooting for long, forgetting to analyze technical factors.
Four signals for short:
1. We completed Elliot Wave pattern
2. Bulls become weaker as buying volume drops. If we want to go further, we need to wait for strong buyer to appear.
3. We broke...
elliott wave analysis of bitcoin on daily timeframe
the latest move/wave does not look like an impulsive move but rather a corrective move
as a result, the idea of bear continuation and new bottom occurrence probability shall not be ignored.
If it is the case, then we may assume that the market might be in a accumulation phase for extended period of time (as...
#BITCOIN is forming Ascending Triangle in 4H timeframe.
If 4H Candle Closed above the $24,560, Expecting +20-25% Bullish Rally.
C'moon Bulls, Send it 🚀🚀
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The price started to correct after collecting the liquidity above LMH and has dropped more than 3% so far, if the price consolidates below $23,930 , we can expect a drop to the very important target of $23,200! So, if it conslidates below $23,930, scenario one will be failed and the second scenario will be activated!
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider...
Beast Trading _ Today's Bitcoin Perspective
Recently, if Bitcoin continues to set a short-term trend, it continues to move in that direction.
Currently, it is such a trend, but yesterday's CPI announcement showed 8.5 which is lower than the expected 8.7, resulting in a strong rise with a huge trading volume along with NASDAQ.
Looking at the overall wave, the C...
Hello traders 🐺 .
in the weekly chart we can see that price is inside of the very big ascending channel and now price is above the support trend line which is around the previous ATH , also it seems that price now is trying to break above the daily resistance trend line .
In the RSI wee have falling wedge pattern and now RSI is at the oversold territory and in...