Pretty simple observation I'm seeing on the Bitcoin Daily chart. Our range has been set by a run of highs then breaking lower and creating equal lows just above a weekly volume imbalance. Just looking for price to return back into the range and break lower for eventual trading in the weekly volume imbalance. Shorts could be taken in the premium side of the range...
Bitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency stall around this level before potentially reversing to drop towards the 1st support?
Pivot: 67,959.86
1st Support: 64,549.56
1st Resistance: 71,123.59
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital...
BTC is in consolidation. I'm anticipating a liquidity run to play out. My target movement is shown on the chart. Let's see if my trading plan plays out
Hello dear traders! Today, we're having an exciting day in the markets for Bitcoin, aren't we? We see that Bitcoin started the trading day at an impressive price of $66,352, up 2.16% from yesterday. This is a sign of a positive trend that we need to pay attention to.
Looking at the bigger picture a bit, Bitcoin found a strong support point at $60,000 and from...
Hello everyone, nice to see you again in today's chat! Today, we will analyze and propose a strategy for BTCUSD together.
Currently, BTCUSD is in the process of consolidating at high levels, with stable trading activity on the 1-hour timeframe. Bitcoin price is currently trading steadily above $66,000. Additionally, a bullish head and shoulders pattern is...
Hey there on 1htF the BTCUSD has moving Upside continue from last 3 months so we can't see any downside from more than 64000
But as now we can see the price has manipulation and also looking for buy opportunity here 66000 our next target is 67000 and upside target 68000
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BTC often follows the technology sector of the stock market.
Below you can see the Spearman-rank correlation, which better shows us the moments when two assets start to move in different direction
What now? Now the NASDAQ is starting to slip because the market is overestimating interest rate expectations, after talks that there will be no lowering this year....
BTC breaking down from rising wedge on 4hr TF, broke out of H & S pattern on 30 Min TF. Price making new LL and LH. SHort trade plan with SL and TPs marked
5 weekly sessions have passed since the ATH, if this was a correction we could see an increase in volatility and perhaps even violent bursts, aimed at eliminating as many small fish as possible from the market. This area around 69k usd is a very important resistance, having been a high that lasted 3 years, it will not be easy to break it, something would be needed...
looking to take an entry for shorts once liquidity has been taken from london, entering on lower time frames targeting the 4hr imbalance and everything else below .
On April 21, 2024, 2:32AM UTC, CRYPTO:BTCUSD is trading right below a resistance $65,500 AND Its EMA-34 at $65,800.
On the 4h chart we can see a smaller pattern with the same resistance
A break above these levels would be a buy signal.
I shared a tweet a month and a half ago predicting that the value of CRYPTOCAP:BTC would decrease. Here's the link: buff.ly
However, it now seems likely that in the next couple of weeks, the trend may reverse towards a bullish direction. This time, it may surpass $80k.
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement.
This is a position with a very high possibility of sideways...
