Taking a closer look, this is a 3D view of this huge bearish trend line on the Bitcoin chart. Watch out for 65000 and watch for this possibility in the chart! I think maybe we should short Bitcoin
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Hello there, Mapping out BTCUSDT at H4, the price is anticipated to form a higher low from the trending low level of 61828.42 to move up to the 7K area and then drop for wave 4. Attention should be paid to the drop of that wave, as it appears to project lower than the 666.56 area and then complete wave 5, which will be the potential sixth wave of Wolfe 5. Happy...
The range boundaries are 73000=60000k. The key level below which is huge pool of liquidity is 59300=59500 area. there is high probability thet #bitcoin can reach this area before further growth
The weekly candle failed to confirm the reversal from last week. Remember, we had a reversal candle 8 days ago, but for that to be relevant we wanted to see a green candle this week. Not a big deal, but not the clear sign we were looking for. On the weekly, we are clearly still ranging and Trading Alpha still has the bullish grey dots intact. More chop.
Hey, friends! Here's a quick Bitcoin update just for You!😊 What do we see?👀 On the two-hour chart 📊, I've identified a forming descending triangle. The price has tested the main descending trendline several times, but it has failed to break above it. This indicates, that the price is more likely to continue declining, ultimately completing the formation of...
buy Between : 63600 / 63200 Stoploss : 62600 ( 1.45% ) TP1 65100 TP2 67200 Enjoy
Hi traders, Last week Bitcoin went a little bit higher but after that it dropped again. Bitcoin is in a big consolidation and price is moving very slow. So I think we could see another upmove into the daily FVG but after that it could drop again to finish a bigger complex pullback. So I would wait for a clear direction to trade. Maybe after it broke and close...
For years, I've immersed myself in the intricate tapestry of the BTC/USD chart, honing my craft and refining my analysis with each passing trend and cycle. The golden ratio, Phi, has been my steadfast companion on this journey, guiding my hand as I navigate the ever-changing landscape of the cryptocurrency market. With each line I draw on the BTC/USD chart, I...
Currently, Bitcoin is in a rather narrow range between $60,000 and $65,000, where bulls are defending their last support at $60,000 against the bears who have taken over the trend and set a lower high on the daily chart. The last hope for the bulls is to attempt a bounce from the Fibonacci zone between 0.786 and 0.618, which has not yet been tested. If this zone...
if bitcoin cant breakeout its gonna be dump and i guarenty that
Hi traders I would like to share my forecast for BTC Hope you have profitable trade
Looking the CRYPTOCAP:BTC graph upside down we have a better perspective of what might be going with CRYPTOCAP:BTC in a wider perspective and outside of any bitcoin-maxi opinion on the fact that we are still doing bullish patterns and the price should see 72k soon. On a higher timeframe what we can see is that: Bitcoin broke a very important upward...
Bitcoin (BTC): $62,309.74 (-2.47%) Bitcoin Dominance: 54.64% Fear and greed index: 67 (greed) WHAT HAPPENED? Last week, bitcoin started with growth, and ended with a breakthrough of the hourly slope and a fall. This local scenario was described in our blog on TradingView. WHAT WILL HAPPEN: OR NOT? Now we've come to the buyer's zone of $62,500-$60,900...
After a breakdown of the wedge pattern, consider buying between 62K and 63K. This represents the final pullback before BTC reaches 70K.
Bitcoin crash is coming, get out of the market Because of the continuation of the war
Obv is showing a HCH divergence and the price it´s showing distribution signal. We are near 1.618 zone in the fib channel which is toppy generally. Bitcoin has its cycle and it can´t go up forever. I see some distribution on current prices based on all that wick candles and that high volume if you think about it it´s a good price (near previous ath) for taking...
It seems that when viewing on chain metrics, stable coin demand can be used as an indicator to determine when there is strong stable coin demand signaling a potential top forming, the opposite is true when there is low stable coin demand it signals a potential bottom forming. When measuring the price action between these tops and bottoms it is evident that this...