Price failed to break the last supply at 63300giving up a change of character to the downside with imbalance and liquidity so we up look for short term sell to 6200
Although we are on a relatively downward path because the floor is lower and the ceiling is lower, but in one hour's time, we may go back up again for the last round to empty the sellers and make them forget.
BTC hitting the zone as we have mentioned in the last post, for further price action we will try to record a video. Stay tuned
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BTC (Update) The Bullish Pennant Formation In 12H Timeframe✅ Incase Of Successfully Breakout Expecting Massive Bullish Wave ✍️
Hello Friends, We made a good prediction as you can see Orange (W) wasn't Ended as 1st Prediction in the previous post. Now we have two Bearish Scenarios: 1st: Orange wave (W) Ended after creating the white wave 5 and we will Go to create Orange (X). 2nd: Orange wave (W) will be So far from these levels around 59000, and white wave 3 will extend as yellow...
The Gann fan starting at the March 09, 2020 low to the November 08, 2021 high to the November 07, 2022 low
The price squeeze continues. Those who first deviate from the trend are getting ready for a summer break. Just to clarify, I won't be taking a vacation this summer.
btc has formed Bearish divergence on daily chart with double top pattern indicating bearish
Pretty much the same as previous just tidying up the numbers! Next prices after Accumulation: $65,766.96 $65,971.95 $66,317.63 $66,335.36 $68,668.81 $69,119.58
📺 Watch video for full breakdown Follow for more
We go over our current price action, recent trades and future trades. Follow for more
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...
BINANCE:BTCUSDT market overall is moving sideways. On the dialy timeframe, the market formed an engulding candle. I think the market might push down to these support levels. The support zone at 60000 and 61000 has held price for a long time. I think the market may move lower because, if you look at the price action, you can see that the market is pulling back,...
The last day saw a moderate decrease in Bitcoin’s price by 0.44%, signaling a consolidation period post-halving. Trading volume stands at 308K; the context of whether this volume signifies a decrease or increase in trader activity could add significant color to current market sentiment. The price is currently trending below the simple moving average (SMA) of...
Bitcoin is caught in a bad situation and it will probably fall. Now how far it will fall is not clear.
Upside Targets: * 63929- 64527- 64904 Downside Targets: *63505- 62723 - 61719 Daily Trend Tracker *DXY - Bullish - *VIX - Bearish - *US10Y - Bullish
🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) . 📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a ...