Practically, we went through all the points that were indicated in the previous idea. The clear direction of movement up or down, so far, is not visible. Consolidation is in progress. We will continue in the near future on the sidelines. You can take a closer look at the alts, ETH keeps up the growth dynamics very well.
There are signs of stabilization and the formation of a channel for a channel between 52 and 58,000
While BTC is stabilizing, alts continue to grow.
The approximate movement of Bitcoin is shown in 5 waves.
We have completely worked out the previous idea, now BTC is in a small flat and squeezed between the price of 50,000 and 56,000.
By the 1 hour candle, we are already starting to get fixed, which means that the violas should grow a little.
Overall, the moving looks more like a rise than a fall.
Hello everyone, the chart at 4 cndle houer is now shown. BTC has consolidated in the falling channel. Perhaps we will see the price of 45,000 in the near future, but now there will be a rebound, since the volumes for sale have already noticeably decreased, to approximately 52,000. The altos have sagged a lot, the rebound along them will be no less significant than...
Hello everyone, from several previous ideas, we have determined a flat for BTC. So far, the trend continues. We passed all points except the second. Judging by the fact that we have just broken the 200 SMA resistance on the 1-hour candles, the priority of longs prevails.
For trading, you can use the same range, but for now, it is better to just hold BTC so as not...
Hello everyone, we continue to move sideways. It looks like we are forming a future support zone at 60,000. There are no big sell volumes now, and we are also supported by an upward 200 SMA for 4h. We continue to observe, so far, there is no clearly pronounced trend in BTC. Investors can continue to hold, traders need to use the 56,000 - 60,000 range to make trades.
Today we will consider 4 hours in order to take a broader look at the picture of the asset's movement.
Once again, we have come to the 60,000 zones and cannot break through it. On the one hand, we have a consolidation, on the other, we get a narrowing triangle. We see horizontal movement and a working range of 56,000 -60,000.
From the previous idea, we worked out...
Hello everyone! On the one candle timeframe, we see a clearly pronounced price growth channel. There is no particular overbought, plus we have already passed the retracement level. We will continue to grow today. Since today is Friday and there is no special activity at the weekend, we can switch to a flat.
The approximate price movement is shown, as always, in 5...
Hello everyone. We worked out our 5 waves and stopped in the zone of the resistance line around 60,000 USD
We can test the support at 56,000 again and if we hold out, then we will break through the 60,000 - 62,000 zone. This is a strong resistance zone, breaking through which we will go to 68,000. So far, long
If we do not hold 56,000, we will revise the schedule....
Hello everyone. Now we are considering the hourly chart. We have broken through the descending resistance line (marked in red) and will fix above it. There is no point in opening a short position, since we are in a growing channel at 4 time candle and on the current chart.
Local corrections are possible, which are indicated by 5 waves. Day trading in the 55 zone -...
Hello everyone! We reached the 4th point, a little not as expected, but we reached it. We don't think we will be able to reach the current 5 on this pullback. Most likely, we will again go down to the level of 52,000, but this is still a short-term forecast. We will talk about growth after breaking through 54,000. Now there will be either a set of positions for...
Today we will look at the 4 hour timeframe. In this time frame, we are still in a growing channel. Another post by Musk warmed up the market and we got a rebound after the correction. To continue to grow and break through the level of 60,000, we need to gain a foothold above 57,000 USD.
On a shorter time frame (1-2 hours), we are below 100 SMA, which means that we...
The triangle continues to narrow and an exit will occur soon. According to technical analysis, we continue to move in an uptrend, therefore, trades from Long remain the priority. If you want to consider some more coins, write in the comments and we will consider.
We are already very close to the upper resistance at 60,000. The triangle is narrowing and a breakdown should take place soon. Long positions are now in priority. Possible fluctuations are indicated by waves. If we break through the support or resistance levels, redraw it.
Happy trades everyone!
The previous idea was worked out a day later :) BTC corrected and it is now held by the average SMA for 1 hour. If we talk about a long position, then it will be necessary to sell up to 59,000 USD. Globally, we are still in a growing channel. Shorts are dangerous. This price movement can be considered a local correction; sagging alts will also be good to pick up...
BTC is in no hurry with explicit adjustments. From the previous idea, we determined the resistance in the zone of 56-58,000 USD
Now it can be clearly seen on the graph. The zone of resistance is indicated by a horizontal line and a point X
At 4h we form a triangle, which with 80% probability will be broken and we will fix above the specified line. So far, Long...
We have worked out the previous idea and now we have to form a new one!
BTC is set to continue to grow and we are now continuing to move in a growing channel. The waves and points that Bitcoin should affect are also drawn. We will see resistance at the previous extreme. For now, we adhere to trading from Long positions.
Let's continue our idea on the one hout candle. We have come out of the wedge and are gradually starting to form a growing channel. Trading range in the coming days according to technical analysis 49 -53,000 USD
if we go beyond this amplitude, we will redraw the development scheme.