Earlier this week, we published a possible trade for BTCUSDT. It is still in the process of being worked out.
The trade was based on the assumption that sellers would make every effort to protect the $25k area from an upward breakout. And it is justified and logical to cover at least part of the long positions in this zone.
But looking at the weekly...
I saw a post in twitter which marked a particular converging triangle on BTCUSDT chart on 4H timeframe (As shown below) and implying more bearishness ahead. But, is it really correct analysis?
Risk of drawing patterns manually is that we can fit any pattern to price action based on our bias. To overcome this, we need to follow a standard method to draw...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Daily: right chart
BTC is currently sitting in the middle of nowhere! between our 21,000 support and 25,000 resistance.
Sometimes, no action at all, is also an action. 🧘♂️
No Trade, Is Also A Trade!
Especially that the weekend is approaching, is it fishing time?
Based on the chart, the price is close to the channel resistance area and break out of the parallel channel, and we expected the retest to be completed ✔️
the price doesn't break the support zone to the downside and just complete the retest, we will see more gain, at least to our upper trend line 💣🚀
we can see more correction to lower support...
The mid-term analysis for the Bitcoin remains the same, I expect the correction to $20500, but it does not mean that we can’t use the intraday trading opportunities. I expect the last leg up and am going to explain you why.
On the 4h time frame BINANCE:BTCUSDT chart we can notice that the price is still above the Williams Alligator...
As we said before market here is extremely bullish now and more pump to the targets like 26K$ and 30000$ is expected in long-term and we are looking for it too.
But we may have short-term fall first to our major support mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
Hello, guys🤪; I'm Pejman, and today we will change the regular TradingView to TradingView Disneyland🎡 . I want to tell the story of Snow White and the trader dwarfs.
Once upon a time🌞, in the kingdom👑 of Stocktopia, there was a young princess👰♂️ named Snow White Charts. She was the heir to the realm of Stocktopia. Still, unlike her father, the King of...
In the last 24 hours, Bitcoin moved exactly like the previous bullish movement, breaking the resistance of the $23,000 range and rising to the $23,800 level. But the ceiling resistance of the channel range in the $23,371 has not been broken, and we cannot expect more price growth from Bitcoin until we have a price stabilization above this range. An important point...
#BTC has been trading inside this channel for the last week.
Only a breakout will decide the trend.
All the marked deviations are merely a filtration process before the next leg.
But it's crucial for BTC to break the $23k level by this week.
Else the trend will weaken if it gets rejected again and again.
Keep an eye, better not be emotional.
IMHO, Wait for the...
👉 The Bitcoin Price About To Breakout The Bullish Flag And Also Formed a Inverse Head And Shoulder ,Next Targets Are 24k And 25k ,There Is No Reason To Be Bearish In Here As I Mentioned At Previous Updates
Hi guys hope you are doing fine. As you probably noticed im shorting BTC and ETH all the time after this crazy 50% pump. Below you can find some little market overview.
USDT.D - dominance:
So im considering all this as bull trap and everybody will get shot to the head from bears that probably are preparing some serious rifles. Of...
For now, we are approaching to reversal on bitcoin. We are currently retesting a point of retest of the recent break of structure, we either are going to pullback down from here (Just like I'm going to share with you on the next chart)
Or, we will head to the level of 30,000 which is a VERY strong MID-TERM level for bitcoin, weekly/monthly support,...
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The global scenario for bitcoin on the weekly timeframe is still unchanged, the price continues to be at the global upper resistance of $22,800-23050
The recent $23,800 hike was caused by volatility due to Tesla's report, and there was a...
BTC is currently experiencing consolidation within the range of 22,000 to 23,800. A key support level, or demand zone, can be observed around 22,000. Of particular significance is the potential for a bullish crossover, as indicated by the 50-day moving average crossing above the 200-day moving average. This development would likely propel BTC above 25,000. In the...
Welcome back to another trade with Analyst Aadil1000x.
Today there is a falling wedge pattern and we don't buy the breakout but we sell the trend breakouts. I am also adding an educational post about chart patterns.
This drop can take it below 22K.
Support the idea with your like to keep track of every step and follow to stay...