Bitcoin is incredibly compressed, volatility is dead, huge triangle. I would not be surprised to see a false break of the triangle down to around 5k and then a choppy rally back up to the top of the TR at around 9k-10k. If price is able to hold the new levels (9-10k) then there's a chance we get back to the ATH within 1-3 years.
Nice pin bar from key resistance area which was previous support.
Downtrend and 50% retracement of last down swing.
Also note that the pin bar formed as a reaction to the daily supply zone 1.09368 - 1.09842.
B.E: at 90% of TP
The support, if you look more to the left, is a daily key support level.
This is counter trend, but the fact that price rejected lower prices at support, indicates a potential double bottom forming.
B.E. 90% TP
Price is nearing a strong demand zone on the 4H chart.
The demand level is on the lower end of the bigger price curve, making it a good buying opportunity.
SL tweaked to next 15m demand level
Price formed a bearish daily pin bar signal from resistance.
Price could continue lower to next support.
Possibly a new downtrend is developing because we had a lower low and lower high, breaking previous support levels.
Entry 50% retracement
B.E. 90% TP
Price is approaching a supply zone which is inside a bigger daily supply zone (blue lines).
The big picture looks good because price are near extreme highs, so more willing sellers could step in.
Also the quick rise without major retracements is a sign over overextension and exhaustion.
The orange line represents a tweaked entry based on the hourly chart. The red...
Price formed a big bearish pin bar on the daily chart.
The signal is rejecting a minor daily resistance but still a valid setup.
Also some support at 1.5269 could cause a bit of trouble.
Price formed a big bearish pin bar rejecting higher prices at key rsistance level.
Price could continue lower from here if minor support of 0.7180 is broken.
Entry at 50% retracement of the PB
TP 2R (optional 4R)
B.E. 90% of TP
Price is approaching a 4H supply zone that happens to be inside a daily minor supply zone.
Price could bounce here for a quick short before continuing the uptrend.
Entry has been tweaked by using a 1H supply zone.
Cancel if price starts to base inside the green area our missed the entry by a few pips (0,68640)