Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (Candles chart and Volume Candles chart) Usually, you see price and volume displayed separately on the chart. Displaying it this way has the advantage of showing the overall flow, but since it must be...
BTC USDT is making a harmonic ABCD pattern which indicated an estimated target point at D. can take a short at current price levels with stop loss above point C
This is neither meaningful nor detailed (except for the date & the price). Let me walk you through my thought process. I'm gonna put myself in your shoes and see if I would understand the context based on what I wrote...Yep, I do
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Don't be worry about #btcusdt, we will see it on the top 100k, as soon as possible. #btc #btcusd #btcusdc
Head and shoulders extension pattern the price fails to exceed the right shoulder of big h & s and drops from the resistance line. As it appears to be an extension of the head and shoulders pattern, it is expected to test the typical target of 60,000. Furthermore, since this pattern is typically described as a reversal, if it exceeds 60,000, it might test the...
"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
i think we can predict falling price in the dynamic resistance zone according to the contex
We are seeing signs of a Pullback, No signs of a convincing break just yet 64K and overall 67K before we are all bullish. Until then this is our range. Stay safe Let me know your thoughts ;)
"As you know, trading with GAP is the best way to profit, and the last trade in the last fifteen minutes was at 64,500, made during Bitcoin's ascent. Currently, we're seeing a decline towards 59,000, as depicted in the chart. So, we're waiting for a new trade to see if it will drop to 39 or continue its fluctuations."
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Bitcoin will continue to climb, based on pivot points and support from Moving average , the first target is $68,000.
We are looking for a break over 63900 to look for a continuation and retest of 65.5K.
Bitcoin Analysis - May 5, 2024 Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investments in cryptocurrencies carry significant risks. It is recommended to conduct your own research and consult a financial professional before making any investment decisions. Hello everyone, today, on May 5, 2024, I...
Still boring. Yesterday did print a bullish engulfing candle, which is encouraging. We also saw price bounce off of the range low, which is another positive signal. That said, we still are just ranging near the range low and trading below the track line.
Fib golden zone rejection, Previous day candle formed nice to indicate bullish however, today 70% of day confirmation is required as might fake breakout can happen. I will wait as per price action.