BTC made triple top not it is making cup and handle pattern. If it successfully brakes the handle it might reach to 120-122K
BTc rejection for going down to fill the fvg on 1 hr time frame lets see we are rong or right . entry tp SL is mentioned
i see btc bearish shark and also i see fvg on 1 htf and marked entry and tp and also SL let see we are right or wrong
Bitcoin is a descending channel and currently sitting at the upper range at area 67-78k. Next target if the upper range holds is to the major support demand zone at area 50-52K and the lower range of the channel.
high zone low zone trading with bearish order block looking to take a couple false lows
My prediction and analysis on Bitcoin is still bullish till it hits the 90% rule , which is the resistance trend line I have marked up at the last ATH...So I you can see why I'm So bullish cause Bitcoin formed a nice inverted head and shoulders and it wasn't even broken out of the head and shoulders resistance Neckline I have marked in yellow and now that I've...
Scaled to 1000 Positive and negative 45º angles laid from the highest high and lowest low of each previous closed Yearly, 6 Month, 3 Month, Monthly, Weekly candles (weekly candle is in blue) Plotting out rough expected trajectories in the pink path lines, that line up with the high time frame angles.
This week, we bring you a roundup of significant events in the cryptocurrency world. Last week’s anticipation of US inflation data causing volatility was realized, pushing Bitcoin up by 10% to $67,000. With such movements in the backdrop, what can investors expect in the coming week? COINBASE:BTCUSD
bitcoin at strong resistance sell setup forming 51k will be next target
As per image, we had our consolidation at the bottom left. Since then we have had three drives up to a top, that also aligned with a 6x of the consolidation range. We then had a close below a green candle, and also a break of market structure, suggesting its time to move lower. I've highlighted where i could look to get in, with SL and TP. For me its not...
If you are a trader n been trading you don't need good explanation on analysis you need right analysis by the right time n simple to follow,writing paragraphs doesn't makes analysis looks good or been good but analysis it selfs say everything that a trader need,know the difference between writting paragraphs n winning analysis.
The past week has been highly optimistic for cryptocurrencies after a prolonged period of uncertainty. Despite the high Producer Price Index (PPI) data, April’s low inflation report in the United States has given risk markets a much-needed boost. The fear of additional interest rate hikes by the Federal Reserve has subsided, allowing markets to breathe easier....
MAY 18 ’24 - BTC - FORECAST Hopefully we can hold this trend - good luck all!
News this week about US dollar strength, Monday and Thursday will be influential. Look at Dollar support on current daily up channel, should we have a hawkish dollar, BTC, stocks and commodities will fall. So looking at key levels in advance to be ready to trade from these levels. Always consider levels to be "zones" 4 hr and Daily analysis here is for swing...
I mean, what can I say... You can't make this up! Price Action at it's finest!!!! You have to know how to READ THE CHARTS! TECHNICALS ONLY!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTrader
Simple Trading: Slanted Inverted Head and Shoulders pattern. Analyzing Bitcoin, we can clearly see a downtrend that has reached the top of its trend zone. At this point, two scenarios are possible: either a breakout of the downtrend, signaling a return to the macro bullish trend, or a continuation of the downward movement, resulting in a false breakout.
I find it hard to be bullish on bitcoin when volume has been so low for so long. If volume continues to mean something like it always used to, it's likely that prices will go lower, before they climb again to newer highs.