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Bitcoin (BTC) is at trend line, i am in. What about u?
Right now there could be some profit fixing taking place, increasing the risk of the BTC price correcting down. At the same time, the price remains above the minor uptrend trendline, which still validates the bullish trend. However, break below the trendline is likely to result in a pullback towards the average-price uptrend trendline. In this scenario, Bitcoin...
Currently Bitcoin has stopped at the 60k support but isn't looking all that great. This is the 3rd attempt to break out completely, but each time it has failed miserably. The ATH was right at the R3 weekly and the support was right at the old resistance. Slightly lower we have a key diagonal coming from the 29k bottom + horizontal + weekly P + CME gap at 59k +...
#BTCUSDT 4h chart analysis here we can see a head and shoulders pattern that broke out the neck line. it seems $BTC would have to make another smaller head and shoulders here, then rally to new ATH.
#BTCUSDT 1h chart analysis $BTC drops and now face SMA200 as support that is the same with 0.5 Fib level at around $60350. here is a strong zone that Bulls will support. If bear success to break this support level, then #BTC price will go down to touch $59230 that is 0.618 Fib level.
Hi ; As I explained in previous idea , BTC broke up the resistance trend line and really it will have a pool back before moving up to the top of ascending channel . Do you think so ? I will be thankful of your comments . Many thanks of your followings .
#BTCUSDT $BTC is above SMA20 in 4h chart that is the same with support zone around $61500. If bulls can't hold the price above this zone it may come down to touch $60000 and $59000 . also RSI candles are still above HMA. that shows price may continue its rally to $70000 from here.
i think it is a good time for short BTC/USDT from 63500-63900. DYOR!!!
Hi ; After reach to 60kprice , really BTC is correcting in a descending channel and will break out . But it is possible to touch the main support trend line of main ascending channel on point C , so be careful to get any position. Many thanks of your followings .
Do what the chart tell you. DO TRUNG QUAN.