This trade idea is an update to my previous trade idea about a consolidation play. In that trade idea I stated that I believe the pivot low of the daily candle on May 7, 2024 would act as an important support / resistance. That level is now established at $62,261. In my opinion if price stays above $62,261, and gets above the yellow trend line on my chart, I...
Here on BTCUSD price has be on uptrend and have tested the zone and making a rebound on the trendline showing that there a higher chance of rising again after touching the line .So is expected to go LONG and targeting profit should be around 68584
Bitcoin price fluctuations have directed significant attention from investors towards meme coins. The primary reason for this shift is the higher volatility exhibited by meme coins, attracting many new participants into the market through notable success stories. This pattern frequently leads to speculative price movements when Bitcoin prices surge. So, what’s the...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. ⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr. 📈 What to Expect Next? 💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. 🔑Key Insights: The...
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
I'm currently examining the BTCUSD chart and have identified a compelling pattern suggesting bullish momentum. We've recently completed a classic Elliott Wave sequence with the price completing Wave (4) and gearing up for Wave (5). Wave (4) ended near a strong support level, setting up a great scenario for Wave (5) to take off. I'm projecting potential targets...
1h: BTCUSD is extremely bullish overall. However during March and April we see signs of local distribution and\or reaccumulation in development, with most recent pressure into direction of 59k. So we are bullish on HTF, but a chance of local pullback is high right now, at least until we start to build demand chains to the upside ☝️Do not act based on my...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Don't be worry about #btcusdt, we will see it on the top 100k, as soon as possible. #btc #btcusd #btcusdc
As usual, most of what I have to say is in the chart.
After a sharp rebound, the rise has slowed down near the resistance level. The indicators need to be repaired. Pay attention to the support between 62000 and 61300. If the support is effective, go long. For the current transaction, shorting is safer and the probability of making money is higher.
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
Bitcoin has entered a critical juncture, with its price dipping below $56,500 this week on 1st May. This decline has ignited a debate among crypto analysts, traders, and Investors: is this a temporary blip or a sign of a deepening bear market? The current drop has some crypto analysts worried about a potential freefall. They point to the proximity of the price...
Bitcoin has respected its bull flag and is back above the red channel. Check out the zoomed out version of this chart below.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Long Time Frame Completed " 12345 " Impulsive Waves and Corrective Waves " wxyxz " Break of Structure RSI - Divergence Bullish Channel in Short Time Frame
-Hello Traders, Price had consolidated for a longer period and recently it broke out due to a strong bullish momentum, recent price action indicated that we are on the verge of reversal on #btcusd. what do you think?
In my opinion, it is prudent to consider a scenario in which Bitcoin continues its uptrend, which is highly probably. For this scenario, there are some things I would look for: 1. Price establishing support between $51,100 and $54,250 on the daily - weekly timeframe, without a violent puke below. 2. Tap of the above mentioned region around May 7, 2025 and...