Hello TradingView Family / Fellow Traders,
As per my last analysis, attached on the chart, BTC broke above the accumulation phase and traded higher.
Currently, BTC is hovering around the upper bound of the range.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
For the bulls to maintain control, a break above the upper bound of the range at $72,000 is...
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Welcome to this BTC update!
BTC looks good here. BTC recently broke out of a bull flag pattern on the daily timeframe and has held above it so far. This could be a sign of continued bullish momentum. After this successful retest, expecting...
After breaking the descending trend line, the RSI now holds above its former resistance-turned-support.
100EMA is working as support.
However, the MACD indicates flatlining momentum with no clear direction. Despite nearing a bearish crossover, we lack momentum for significant short-term movement. Expect subdued price action or sideways movement due to this lack of...
The price action of Bitcoin is relatively boring on the higher time frames, why is that? The answer to this question may be that summer is almost here, and statistically, Bitcoin has been going sideways pretty much every summer. Usually, the fun begins in August/September, when the volatility comes into the market.
What can we expect from Bitcoin in the...
Hello Traders! Here’s a quick update on Bitcoin’s price action:
Bitcoin broke out of its descending trendline last Wednesday, also confirmed by the RSI.
A head and shoulders pattern has formed, indicating a potential trend reversal.
Bitcoin faces strong resistance at $67,000. Breaking this level could signal a continued bullish trend. The key support is the...
Some very interesting developments are brewing up in BTC. My followers know that I have been bearish on BTC despite its recent flare-ups.
The count is slowly revealing itself. Now I have two scenarios, the red one advocating a strong selll-off very soon. The red has two variations: i) almost immediate sell-off after completing a narrow diagonal, and ii) the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago rebounded from the mirror line and made a strong upward impulse to the current support level, which coincided with the support level, thereby breaking the 60300 support level also. After this, the price started to trades inside the...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price entered to falling channel, where it soon broke $68900 resistance level and fell to support line.
Next, price tried to grow, but failed and declined to $60100 support level, after which bounced up.
BTC rose to resistance line of channel and...
Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one....
Bitcoin We can take new long after some range or SL hunt
In a vidoe i shared why i think BTC can reach new ATH soon. Main reason - Big Liqudations levels
But to take a trade we need clear entry with good risk to reward ratio.
that's why better if price create some range. Example how it can look i shared ina video.
Over the last week or so I've made a few posts on Bitcoin's inverse head & shoulders pattern, which is a bullish reversal pattern.
In my initial post below I expected the reversal to come in earlier, but apparently we first had to go down more before the right shoulder was completed.
As of now, the H&S pattern is confirmed (unless we dump in the next ~30 min)....
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Hello everyone, here's my take on Bitcoin at the start of the week.
Since the beginning of the month, BTC seems to be on the rise again (+20% since May 1).
This Sunday, we recovered a large pocket of liquidity at $67250.
I'm a buyer of Bitcoin.
A very interesting buying zone is located at $62840!
✅ OTE
✅ Order Block in H4
So I'm going to focus on buying...
Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (Futures) (h1)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 69500.0
⭕️SL @ 67900.0
🔵TP1 @ 74500.0
🔵TP2 @ 77000.0
🔵TP3 @ 80000.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk...
