CRYPTOCAP:BTC #BTC current daily and 4h candle not looking good as of now as a bearish engulfing forms, $40,583 support testing, avoided bearish engulfing follow up yesterday with previous daily closing above current support. Watch given S/R
CRYPTOCAP:BTC #BTC as expected $43,145 support good, $43,868-$44,174 resistance range holding strong, RSI on 4h looking good, weak volume in last 12 hours, gaining $44,174 support will help reattempt at $44,860 resistance , $45,622-$45,876 next resistance range to watch the $46,623.
Taking a look at the daily chart, RSI and price action are printing some clear bearish divergence indicating the bulls are becoming less aggressive. Should price action close below the ascending trendline as displayed on the chart, this would suggest topping action. Trade Safe
CRYPTOCAP:BTC #BTC Beautiful test through $38,509 resistance here, currently testing $38,768 resistance, $38,509-$38,768 resistance range still holding, support tested upon break at $38,008, current support $38,008. Eyeing $39,458 resistance, Bullish engulfing on previous 1d close
MIL:BTC #BTC $37,499 support in effect, two attempts on $38,509, current 4h not looking good - must avoid bearish engulfing, last 1D closed bearish, $38,768 support will allow $39,458 test - next key resistance.
💡For the umpteenth time, Bitcoin is trying to break the 🟡 Price Reversal Zone(PRZ) 🟡 and a cluster of important Resistances (Pivots) . But in my opinion, Bitcoin needs to have a deeper correction, at least up to the $34,000 price channel , to break this critical area. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its five-impulse wave at...
BTCUSDT has been following the weekly resistance. Anticipating a dip all the way to next support - 29k levels, before a pump to breaking weekly resistance zone.
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CRYPTOCAP:BTC #BTC Given resistance at $35,387 holding strong, at $33,844 support since Thursday, RSI on 4H looks good as expected settling down with sideways movement here while maintaining progress, RSI 1D still overbought, last 1D closed good proving $33,844 support, watch given S/R
CRYPTOCAP:BTC #BTC WOW! Bullish engulfing played out as expected taking $29,199 support, $30,282 resisted last climb, must hold $29,742 support to reattempt at $30,282. Previous 4h closed bearish, expect $29,742 support test, RSI in oversold region on 4H and 1D also suggesting test, $30,282-$30,623 next key resistance range to watch for and then $31,372, key...
New idea for BTCUSD is a swing trade short/sell since BTCUSD has clearly broken out of its ascending wedge. TP and SL has been provided on the charts. Quick trading update.
CRYPTOCAP:BTC #BTC stuck to $27,994 test, RSI on 4h looks good, weak volume, previous 4h closed good, 1D close looks good too. Spent weekend testing $27,994😂😂, Requires $28,298 support to avoid fakeout, current support $27,478. Watch given S/R
CRYPTOCAP:BTC #BTC Good swing following up to bullish engulfing on 4H from yesterday, put a wick at $28,298, $27,994 holding strong yet. Last daily closed with bullish engulfing, Needs volume on current 1D to follow thru, current support at $27,478. Resistance ranging $27,994-$28,298.
CRYPTOCAP:BTC #BTC $26,333 being tested as expected😎, struggle at $26,333 like i said yesterday, Previous 1D closed with bullish pin, RSI on 4H and 1D looking neutral, must regain $26,650 to reattempt at $27,478.
CRYPTOCAP:BTC #BTC Struggle gaining $26,650 key support, last 4h closed bearish with possibility to test $26,333 support, 1D closed neutral, weak volume as of now, watch given S/R
BTC analysis is still in accordance with the analysis some time ago. Where the price goes down to SND and is currently still continuing the bearish trend. Seen prices approaching Wave 2, had seen bullish some time ago but the price returned to the 25800 area. There is a possibility that the price drops back more than wave 2. If this occurs is likely to be fake...
Hello everyone. i want share my daytrading idea about Bitcoin. On high timeframe i have some analysis which was bullish and i was waiting some liquidity swing which i have marked. It broke last day high after liquidity swing then went up, now it shows well low for enter long. I open my long position with good reward 4.5, i think buyers can brake that bearish...
After doing an analysis on BTC. It is clear that a divergence is being formed which is a very bearish sign. We should expect a pullback to 28400, where I will be opening a speculative long position as FVG area would be filled out and it is in the 0.5 Fib Area so a bounce-back is expected. Long term I am expecting BTC in the 18/20K area for Spot Orders.