Bitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for...
Considering that Bitcoin is in a neutral trend in hourly time, the possibility of further growth is still possible, although this growth may take place after a correction.
In the daily analysis of Bitcoin, we have a look at today's important news that has the possibility of extreme fluctuations in the market. This digital currency, due to the pumpy growth it showed in the last week, now has the possibility of correction. Considering that we are in an important resistance range, maybe if you are a risk taker, it is better to stay...
This is a full video explanation of my previous post. #BTC has encountered substantial resistance at both weekly and monthly (1W/1M) timeframes. The 4-hour (4H) chart reveals sideways price action and a formation of a lower high, indicating potential bearish pressure. Expect a retracement targeting the 61.8% - 78.6% Fibonacci zone, derived from a significant...
#BTC has encountered substantial resistance at both weekly and monthly (1W/1M) timeframes. The 4-hour (4H) chart reveals sideways price action and a formation of a lower high, indicating potential bearish pressure. Expect a retracement targeting the 61.8% - 78.6% Fibonacci zone, derived from a significant daily swing low to swing high. Trade Suggestion: -...
wave analisys on 15m timeframe. Wave C targets displayed
Market Observations: BTC/Bitcoin has experienced a remarkable bullish surge. However, the monthly timeframe indicates potential overextension. Moreover, recent price action pushing into previous highs on both the monthly and weekly charts suggests a possible retracement towards the 50-61.8% Fibonacci zone. This area typically attracts increased liquidity,...
Educational Analysis says BITCOIN BTCUSD may go short selling for some time according to my technical. Broker - Bitstamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Because from past week bitcoin has just pumping up to collect Sell Stop hunt from retail traders. I think it's high time for bitcoin to go...
CRYPTOCAP:BTC #BTC $44,860 resistance testing. Amazing break from $43,145 key resistance, RSI on 1D looking good, next resistance area to watch at $45,622-$45,876, $44,860 support crucial to hold as this will help reattempt at $47,232 key resistance. $44,174 current support yet to be tested
Recently, Bitcoin has experienced a period of consolidation within a specific price range, punctuated by occasional spikes that have targeted liquidity. In the video, we analyze the daily time frame to gain insight into the broader context. We examine the market's trend, structure, and price action, exploring a potential trade opportunity. It's important to note...
Today we start the daily analysis of Bitcoin with patterns. This digital currency is facing the possibility of growth in the next 24 hours according to technical analysis. On the other hand, due to the formation of the head and shoulder pattern in the hourly time and the corner pattern in the 4-hour time, there is a possibility of more growth for this digital...
BTC Shorts Looking Good here. H4 breakdown on RSI and trendlines on Price Action. Please strong rejection! Beware of the retest might take longer to play out.
#Bitcoin update Normally I would wait for the 4h fvg to take a short scalp position. But with the #FOMC meeting approaching in 6 hours (2pm ET), I'm wondering how quickly this will play out. If the 4h fvg hits near the FOMC meeting, I won't trade, but trade the FOMC volatility.
BTC has traded into a key resistance level in a bearish trend on the 4H. I'm short on the fibo retrace. Not financial advise.
Bitcoin (BTC) has experienced a recent period of sustained selling pressure, leading to a price decline that currently tests a key support level. Technical indicators suggest potentially overextended conditions, increasing the likelihood of a near-term retracement. Furthermore, potential strengthening of the US dollar could exacerbate downward pressure on BTC prices.
In the daily Bitcoin analysis, we said that today we have important news for Bitcoin, so be careful with your transactions at this hour. According to the news, we determined the important support and resistance ranges and also reviewed the possible movement again in the daily time. In 15 minutes, we have a look at the failure of Bitcoin's upward trend and the...
#BTC One of the most deceptive patterns is the broadening wedge, which was an iteration of a bull pennant last time. Will history rhyme again...?