If BTC moves like this, I will open a long and this would be the last possible long entry. If this positions ends at a loss, I will re-analyze BTC chart.
Bitcoin has solidified this price wedge and is testing it one last time. Get ready for a big jump in bitcoin at $100,000 - $110,000. As I write this, six Bitcoin ETFs have just launched in Hong Kong. We are at a critical juncture where you should expect more fuel and then a new bull market
I still think wave 5 will appear until the current low $59,600 gets broken and will open long positions like the image.
Bitcoin's recent price action has shown a pronounced bullish spike, breaking through the upper bearish trendline of its prevailing trend. This breakthrough was followed by the formation of an ascending channel, showcasing a steady uptrend. After this climb, we've observed Bitcoin settling into a sideways trading range, which was key for setting the take-profit...
Bitcoin has confirmed another major breakout on the long-held support created at the $60k region. Here I witness a breakout and pullback price action which indicates a potential downside shift toward the next support created at $51k zone. If the bearish sentiment creates the required selling pressure, we may see another hard dump towards this price zone. Watch...
Bitcoin's price has descended from a consolidating range and has breached the four-hour structure. This suggests a potential formation of a lower high, paving the way for a probable downturn towards a lower low.
Expect a little uptrend right now for BTC. The head & shoulders should play out
We may see a rapid decline at the expense of lower stop losses
On 1h scale, Descending Triangle forming on overall bearish trend. Moreover no Divergence seen. Therefore, trend will continue. Short Trade is in order once LL is tested. My trade values are depicted on Price chart. Setting TPs as per Risk:Reward 1:1
Please refer to video series of how to work with Market Saarthi Indicator... Video was done on Bitcoin, will update more video with interesting scenarios which appear in live trading.
🔥 Bitcoin Halving 2024 is less than 10 hours away. 💡Before the Halving 2024 , Bitcoin seemed to have experienced an increase due to this happening . 🏃♂️Bitcoin managed to break the Resistance lines/Downtrend line and is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed wave...
Currently, crypto market users are divided into two camps: 1️⃣ - to the mooon with the first stop at 100k and 2️⃣ - the beginning of a correction to at least 50k. Two ultra-radical camps that will find 101 reasons why it should be exactly as they "want and expect" and not otherwise. On the #BTCUSDT chart, we have copied and displayed the fractal of #Bitcoin...
hey traders as u can see, BTC couldnt stablize above the 0.786 fib ext lvl and rejected to the Daily Support area also BTC formed a descending triangle in 2H TF and still playing in the bearish parallel channel we can expect a break down to the Lower Demand zone which confirmed by all-time Fib ext golden Ratio 0.618 if it happen and we go back to the...
BTC buy and buy just wait a few minutes and you have a BTC buy, above is what I have analyzed and it is clearly indicated on the chart to only buy and buy BTC at this time. Note that be patient to choose a better position
Tuesday, April 30th, 2024 4:00 PM London Session 4Hr TF Entry: 60504.02 Profit level: 64597.76 (6.77%) Stop level: 59052.22 (2.40%) RR: 2.82
I have uploaded my viewpoint which says BTC will drop to GETTEX:52K level at least.... So here is my trading plan. However, will consider a short if enough rising correction appears too.
BTC USDT made an rsi divergence on two lower lows and break past last lower high on 1 hour timeframe. buying at market with sl and tp mentioned