Hey Traders, BTC has been bearish since I publish my last idea which you can also take a look at. Now we are still looking very bearish and are heading towards 30k-31k levels. Set your alerts there, if we break these levels we could going even lower. Make sure to give me a like and follow if you want the latest updates on BTC Price action.
Hey traders, Early this morning, we saw BTC finally break below an extremely strong buy imbalance/demand zone, and then break below the cloud on both the 2h and 4h charts. I hesitated to declare that we are bearish because we had not broken lows. However, now we just had a perfect retest and rejected the cloud with weak buy volume (SR flip). We still haven't...
Hey traders, I've spotted a potential trendline that has been forming on BTC for the past week. We are looking bullish in the short term, and if we manage to break the above cloud and the important resistance levels, we could could be seeing the start of long term bull trend. Pay attention to the chart and see if we continue to respect the trend. Also keep in mind...
Hey guys, thanks for all the support on my fist analysis, here's a quick update: The bullish ascending triangle is still holding strong on the 1h chart and we just had a breakout from an ascending triangle on the 1minute (decent trade) but looks like we need some more bull volume to move higher. As always, manage your risk guys and happy trading!
we can see a clear bullish ascending triangle forming on BTC! Some breakout traders may have seen it and taken a trade only to get manipulated out of their trades by the massive manipulation wick above. However we haven't actually broken out yet and closed above resistence. We've also rejected a massive supply zone*(which I've highlighted in red). However we are...