Bitcoin has been forming a rising flag for the past few days, reaching its new year high at 38800. I am anticipating that the price will rebound from this HH, and the formation of the rising flag might be a strong indication of a bearish pullback. My entry point for this trade is 38200, SL at 38600 and TP at 37600 as the R:R is 1:2. Remember, only risk 1-2% of...
Bitcoin is facing historical supply zone and seems likely to get rejected on it, especially with that overbought RSI. Probably wise to hedge short towards 100EMA support for the months to come. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Short) Leverage: Isolated (4.0X) Amount: 4.9% Current Price: 33884.4 Entry Zone: 34464.6...
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Bull Flag Formed At The BTC Chart And I Expect a Breakout For Today,39k Is My Target
Enter : 37180 -37270 $ zone Target : 38200 - 38400 $ zone Stoploss : 36900 $ zone Yuupp friends it's my predicition for btc in 1H timeframe Please read carefully chart levels shown for better entering guys
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. First, we will use blue lines to mark the local upward trend channel in which the BTC price moves at the upper limit of the channel. Then, using the yellow lines, it is worth defining the local channel, the exit from which can result in an...
The target for this trade position is set at $42,000, aligning with the anticipated resistance level. Traders may consider taking partial profits as the price approaches this level and adjust their strategy based on evolving market conditions.
Hello 🐋 based on the chart and as I mentioned in my previous analysis the price is creating the new ascending channel in this time frame beside breakout of the parallel channel to the upside happened 📚✔ it is possible to see range candlesticks to the upside and downside for a short time 📚✔ but next target: more gain to the upside, at least close to 40k, it is our...
Monthly/Weekly Support/Resistance for BTC in ichimoku indicator.
💡Bitcoin tried many times to break the 🟡 Price Reversal Zone(PRZ) 🟡 but failed every time. 🌊In terms of Elliott wave theory , Bitcoin seems to have found microwave 5 of the main wave C at the 🟡Price Reversal Zone(PRZ)🟡 and the upper line of the Rising Wedge Pattern . 💡One of the confirmation signs of our wave counting can be the presence of Regular...
🏃♂️Bitcoin re-entered the 🟡 Price Reversal Zone(PRZ) 🟡 and is currently moving in this zone. 📈If we look at the chart from the view of Classical Analysis , it seems that Bitcoin has succeeded in forming a Rising Wedge Pattern . 🌊In terms of Elliott wave theory , Bitcoin seems to be completing wave C of the corrective Zigzag(ABC/5-3-5) structure. 💡Also,...
D ear TradingView Community, B efore I delve into the analysis, it's important to note that I do not consider the current price level as the optimal entry point for a short position. While this prediction suggests a bearish outlook, the ideal entry points lie closer to the horizontal red dotted line. The suggested entry points are specific to my risk appetite,...
I can see an Upthrust coming and a lot of people would buy on this breakout. I will be Shorting here and looking to TP at 31.5k and 28.5k
(Update was made earlier but accidentally privated-copied my thoughts below at the time) Trade Analysis Update: Current Trend: Bearish momentum strengthen as the market closes below the 37660 support area. This indicates a more solid shift in market control from bulls to bears. Positions & Targets: TP1 (37300): Entered at 38100, influenced by hyper...
The market is boring. Unless new bullish news arrive be very careful. Major volatility will come end of the month and first when the fed speaks. This will further impact the market. Am keep it short. We still consolidating and now with this recent aggressive run up they gonna wipe out all the fomo buyers. ALL OF THEM right back to around $37150! Analyze as...
#BTC at the resistance and bearish sign appeared, please see the cycles
CRYPTOCAP:BTC broke out of the $38300 resistance level and is retracing it. Should this level now turn into support, we should head to FWB:41K relatively quickly. If it breaks down, expect more of the same sideways movement we've been seeing.
BTC has moved out of the falling wedge and the targets are on the charts.