Here is a rapid analysis of dailky chart using just the bear and bull lines drawn based on the higher peaks and trough of RSI values. It seems BTC would likely to follow the the bull line and it may attempt to break the resistance line
the 0 to 0.236 Fibonacci range is recognized as a key support level for Bitcoin. This level, until breached and confirmed with a price consolidation below it, does not definitively indicate that Bitcoin has entered a bearish trend. Currently, the formation of a lower high compared to the previous high indicates the development of a bearish trend line. Although the...
BTCUSDT D1 - The price is in the overbought zone on W1; on D1 it can form a 3-wave structure, which can lead to a correction. Locally, with the breakdown of the first wave, you can expect the level of 32964.53 What can you expect? Waiting for a 3-wave structure and considering sales; if the first wave breaks out, you can consider entering from the level...
In the next 25 days, the approval decision for the #Bitcoin ETF is anticipated. The market reaction to such news is often influenced by three types of news psychology: > Sell The News: Traders may opt to sell their assets once the news is officially announced. > Sell Before The News: Some investors may choose to sell their holdings in anticipation of the news,...
I previously shared a potential bounce from local support after revisiting the support trend line(x.com). now I believe if we come back to 44,000 area, 48,000 will be a magnet. (you can see LTF possible trades) in HTF everything depends on this weekly candle close and more on-chain data at end of this week.
The outcome of the allegations against CZ and Binance may have significant implications for the entire cryptocurrency industry. Although the prices have not seen any sign of weakness, maybe it's because they are still pumping, once they are done no body can stop this from making a good enough size correction to the downside. Not an investment advice I could be...
BTC Ideas !! _______________________________________________________________________________ ⚠ I'm not a financial advisor; I'm learning trading just like you guys. I can't tell anyone what to do with their money, but I suggest, as a fellow trader, to use proper risk management to safeguard your funds and be wary of market manipulation (DYOR).
really nice reclaim here, just shows how important that 3h 200MA was! next level to flip really bullish is knocking out the 2h 200MA level!
Bitcoin time form analysis 4 hours Due to the renewed support of Bitcoin in the price range of $40,650 for the third time, and by hitting the ceiling of the drawn yellow channel again, its price began an upward phase and reached the top of the $43,000 channel again. The price is now $43,150, and we are again We have an important resistance of 44,000 ahead. In the...
Hello trader’s what do you think about Btcusd) ? Guys are you expected btc uSdt go down ) btc uSdt breakdown support levels 41k ifberakout to Next move 40k 39k 38k ) I’m looking 👀 down)
I m expecting bullish side right now but i m in short term Short But Long term Long
BTC open interest is high af, whales would love to destroy it as fast as possible. probably we will see huge red candles soon, also looking at TA price is moving at descending triangle with small outbreak upsite. (could be fakeout before leg down) , also we have a lot news coming soon.
A groundbreaking era is emerging in a financial category with the potential to empower individuals in their struggle against formidable adversaries like big government and central banks. The populace is attributing value to a novel medium of exchange crafted by and for the people. According to AriasWave analysis, we have the opportunity to liberate ourselves by...
Bitcoin chart update , if break out tp 45000 , looooook chart , bullish ? 👊👊👊👊👊👊👊
CRYPTOCAP:BTC #btc $bitcoin #bitcon - long - bullish chart: Should the momentum continue, Bitcoin could reach its all-time high, potentially triggering FOMO and further price increases. However, each price breakthrough could be followed by a pullback, triggered by news, events, or simply technical levels (represented by the yellow lines
Hello Traders. My name is Hadi Karaali, known as snipers F_X I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Here is a quick update & my trading plan on BITCOIN, enjoy it. As usual manage your risk and trade safe. Best of Luck!
My trade was completed perfectly and all TP's were hit.
Hello, my dear friends! Altseason is anticipated till the end of 2023. At this time Bitcoin is going to show the last bullish wave 5. Current pump is very annoying because BINANCE:BTCUSDT did not show any significant correction. Even wave 4 was in triangle correction shape. Now Bitcoin is going to reach FWB:46K and then large correction is anticipated. ...