We need to close the week upper than 69k$. If bitcoin is not able to pass this price we´ll see low value than now during next week. So, it´s a very important level to now if we need to be bullish o bearish next week. Blessings.
Bye btc at spot Laval and If you want to tread then risk reward should be 1:1 or more then that Stop loss will be recent Swing low Market just Chang structure in 5 min time fream some and show some bullish movement Take entry on retressmet or retest And enjoy weekend
Not time to bet against h4200ema imo Confluence with lower bb daily If holds here then successful higher low relative to intraweek low
Price action in my guess will continue going downwards.
BTC drops below $61K for the first time since the start of March: Investor confidence dwindled as the market saw the first consecutive negative outflow days for the Bitcoin ETFs this month, with Grayscale Bitcoin Trust (GBTC) experiencing its biggest outflow since launch of $642.5M on Monday, followed by another sizeable $443.5M outflow on Tuesday. Fed...
6H trend is getting weakening. When it turns purple, its time to short. Might take more time become bullish/orange. Keeping an eye on it.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge CHoCH Fibonacci Level - 61.80%
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So BTC had a massive correction from the AThs till 60779.88, then from this price we seen a price rejecting from dropping further, this then meant that our extended WXY correction was complete, off which from this price i was expecting a bullish move with my initial entry at 63k, Then Price rejected going below 63K which confirmed to me that now the correction is...
BTCUSD BIAS HAS CHANGED DUE TO MARKET STRUCTURE AND PRICE ACTION. Price failed to reject on the 15 minute demand zone and broke below, forming a resistance above. Took a short from that breakout downwards and now its shorts on BTCUSD
potencial 1h trend reversal. tp at today high. sl at lows.
Head and shoulders forming, furthering the correction phase, I forecast some downward movement to atleast 58-59k area.
Looking at the chart on 4hr time frame we see a good opportunity for a long entry at roughly $61,000. Reasons -Prior support at same levels (yellow line/arrow) -Key moving average support level (200 MA) -$60k potential wick area for bottom of the daily Bollinger Bands Entry method -Ladder entry -Front run the 200 MA at $61,800 -Right at 200 MA -Below catch wicks...
Stop loss was hit. Price didn't respect that demand zone.
BTC is bearish on the 4h chart with this pattern of lower lows and lower highs
lokalny układ gartleya blisko mierzenia 61.8 większej fali. Możliwe odbicie w okolicach poziomów 63500,64500
Completed bearish Elliot Wave is a chart pattern. Bullish TP 67700.00 SL 63900.00