Not much to say here but 66400 must hold for more upside or Bitcoin heads back to 65590-69875 then 69740. If 66400 can hold look for upside to previous high 66800. If 66800 breaks with volume push to 67000 likely.
you fail 3 times to keep the price over 70k, bears got hyped.....but got deeply disappointed cause they couldn't keep it below 65k either. a new bull attack at 70k might have less resistance this time....also halving hopium would help a lot.
This crypto coin has been forming a falling flag for the past few weeks since it hit its ATH. Currently, the price has re-bounded from the lower support line, and I anticipate that the bullish trend might continue till it hits a very strong support zone at 70700.
My entry is at 65600, SL at 62800 ,and TP at 71000. My R : R for this trade is 1 : 2.
Kindly...
we have a lot of liquidity resting at 73k, which market will most likelay grab.
also we have 1h trend line who tend to be breaking sooner or later.
we we will get pullback from here, than we will be creating double bottom at this 4h resistance area.
anyway, i'm building my long position
Hello everyone, let's look at the 4H BTC to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $66258
T2 = $67,856
T3 = $70048
AND
T4 = $72912
Now let's move on to the stop loss in case of further market declines:
SL1 = $63,919
SL2 = $62,263
SL3 =...
📊 Analysis:
Market Movement: The market opened with a bullish tone, with BTC attempting to break through the top of the range support area at $66,000.
Key Levels: Watch the 0.618 – 0.786 Fibonacci retracement level closely, spanning $68,000 - $70,000.
Potential Scenario: A successful break above this level could lead BTC to retest the all-time high at...
Bitcoin updated its all-time high, showing continued growth. Indicators show a possible local maximum that has formed. It would be nice to see a full-fledged corrective movement. Technically, I would like to see a reduction to the discount range (44600). But if the upward movement continues, there is an explanation for this too.
Not posted this chart for a while..so......
My oldest Bitcoin Weekly chart still showing us the true state of things as far as I am concerned.
And, as ever, LOOK at that red Fib circle...
See what it did ?
Thats a 7.236 Fib Circle on the Global scale. Not a Local circle by any means. Look at what happened previously.
Rejection. And we come to the 7.618 around...
📈 BTC Technical Analysis - Weekly Outlook 📈
As traders return to the market on this Tuesday, the first day of the trading week, let's delve into the analysis of Bitcoin (BTC). With Bitcoin analysis lacking for the past eight days and most of last week's focus on spot trading, it's opportune to switch gears and explore Bitcoin's potential for day trading in the...
The BTC still lacks buying momentum and needs to find a stronger buying zone.
In the current market conditions, it's imperative to exercise prudent capital management. Presently, making new investments does not present a substantial advantage; the potential for high returns seems limited even if prices were to increase further.
Given this scenario, it is...
Hello Friends,
It seems likely to fill the Liquidity between the range 67200 - 67700
If you hear/follow me and get/support my idea, let's boost it and keep a positive comment.
Thanks, Bros
🔥 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...
The last two times SWB:69K -$62k supply zone proved hard to break through and the rally reversed.
This time seems no different as the price got rejected 3 times and is now completing a small retest of local zone of resistance at $66k. Should the price get rejected at this resistance, Im expecting a freefall to the next support area at GETTEX:52K
This micro bottom appears poised for a significant reversal from its current price level. Fundamentals are predominantly bullish, albeit with slight concerns regarding geopolitical factors. On-chain data is emphatically indicating a bottom, with numerous indicators supporting this view. Such an opportunity may not arise again; the trajectory is expected to be...
Please view my previous idea on the left moved/translated cycle, that would now pave the way for the Supercycle á lá Su Zhu.
Early and aggressive market top that would then send us as low as the prices we have seen during the ETF introduction to the market (potential bottom around 36-42k) / smashing right through the previous ATH as support and then go...
![BTCUSDT: BTCUSDT - Weekly chart [Indicator + technical analysis]](https://s3.tradingview.com/q/qE7OVolC_mid.png "BTCUSDT - Weekly chart [Indicator + technical analysis]")
