I see an interesting situation with Bitcoin.
On this chart, I see how we have formed a rising wedge from which we are most likely to fall down. We have a lot of support from below. Psychological component of the market - a lot of people believe in "To the moon". at the same time showing an inverted figure head shoulders. Yes, this is all interesting...
BTC #BTCUSD (Update)
Failed to Break the Resistance (100 MA & KUMO Cloud.)
Now Looking Bearish 4hr Timeframe .
If BTC Remains Inside the Channel then It Can Follows the 2 Scenarios.
- Test the 10k Support & Bounce Back to 11k.
- Test the Strong Support 8.8k - 9.2k & Bounce Back to 12k.
Don't Forget to Hit Like .
hey guys welcome to fresh update of Bitcoin XBT
the price pattern which ive predicted earlier has precisely followed by bitcoin in last hours, if you've not checked it than look at this chart before moving forward
now lots of folks are asking me that, "hey from where you get this...
When BTC goes down... the Haters and negativity comes out... losing money brings out the worst emotions in people! And controlling your emotions is the first part of becoming a GREAT trader, not just a GOOD trader.
I want to address the HATERS here on Trading View and calling out a LOT of the TOP TRADERS for being WRONG!!! You will go to many...
hey guys, no need to write more above chart is saying all the things, comment below what you think abt this formation.
the candle pattern you can easily find in previous price chart of bitcoin, guess which one is that?...
hey guys welcome to bitcoin xbtusd update, first of all huge congratulations to everyone who followed this chart and made huge gains.
according to this theory the correction was not over yet and still bitcoin could see a major correction, so be prepared, and don't...
I just kidding, gods didn't talk nothing for me is just another analysis from your friend UNCODED.
Today we can see a probabilistic prediction for the Bitcoin in next coming weeks!
So, we probably can test/fall to the area around:
$8064 - $7582
And after that we can see a litle pump to the $14k area, so let's see.
That's it for now!
Feeling confident in trading this with the support level and RSI showing oversold. My original entry is @ $10105. I'll continue to add to my position at any price below 10400 USD. I'll reduce my position in half when the target price is reached and ride the rest on a trailing stop of $250.
The psychological support level of BTC is in the area of 10980-11024, so I will buy 30% very much to keep here.
XBT LONG : 10980-11035
TARGET 1 : 11250
TARGER 2 : If breack 11350 will touch 11600-11800 .
- Bullish Pennant Pattern In 4 Hrs Timeframe..(Bullish)
- Triangle getting tighter & Breaking to any side will lead to a Massive Movement.
- Weekend will Be Interesting ..(Fingers Crossed)
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our...
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BTC/USD is currently trading at 11.6k which represents one of the most crucial levels as it‘s Equilibrium/0.5 Fib. We‘re using the 3D chart at 11610 for pre-confirmation.
If we manage to close the weekly above EQ I‘d aim for our OB at 16.1k....
Adam Eve pattern is often seen at the market bottom, here the classical formation of this pattern shows the market is quite bullish
Moreover, 3days golden cross played out which shows a strong uptrend, however, on the weekly side market has not touche the 21 day EMA which makes the possibility for the downside along with the gap remaining in CME futures.