So far, tier-1 crypto has been very predictable. I have no reason to think BTC will not get to the next fib resistance area of $46,500-$46,600.
BTCUSD is maintaining its correction momentum. I just captured a bearish flag without any divergence on the RSI indicating that the selling momentum might get strong again. What do you think? My Positions Sell Stop : 41772 Stop Loss : 43296 TP1 : 40000 TP2 : 38652
BTC is likely to still fall again after hitting a minor resistance
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- The 4-hour chart offers a much clearer picture of toilet price action. Price has formed a falling pattern yet to break it on either side. Meanwhile, the support level of 40K is towards the higher trend line of the price per trend. A classic retracement is contemplated to break the...
Bitcoin (BTCUSD) is trading within the 0.618 - 0.786 Fibonacci retracement levels which is the last Resistance Zone before it typically attempts a test of the All Time High (ATH) on each Bull Cycle. We have seen on previous analyses how the RSI is showing that this is a possible Mid-Cycle Resistance level where pull-backs towards the 1W MA50 (blue trend-line)...
I posted a near term BTC idea recently before it broke out - It has hit exactly so far (linked). Here is a mid-term projection that will come into play as BTC reaches upper target of previous projection: Breakout Level was 19783 - Initial Target by mid Feb 2023 = 25k-28k (previous idea aligns with bottom range of this target zone) - Then pullback to test ...
Are you ready for another whole month of INDECISION?!
BTC Update: Timeframe- 3 hours. Hello, traders, I hope you all are doing well. In our recent trades, we made some good profits and in some trades, our SL got hit. The current scenario on BTC is a 'No trade zone' for me and it will be a wise decision to wait for the weekly close. In this hourly TF, BTC is under a symmetrical triangle and it is reclining toward...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart There is a Nasdaq indicator announcement at 10:30 tonight. The current position is a section of the 4-hour chart where...
BTC: Bearish -BAT detected. Euphoria when the BalckRock ETF rose on BITCOIN and in the heads of investors BEWARE of the BULL TRAP!! I detected a Bearish BAT caution the EMA.50 and EMA.200 remain potential targets LEVELS : On the rise: 48 500-49 000 On the decline : 40 690 39 746 36 170
We did not believe it in the previous rally. And still will be a huge diminishing returns from 1300% to 800%. By May 2024. Why not? eh? Why.
BITSTAMP:BTCUSD broke the short-term trendline after hitting the resistance at 44k. After few days of consolidation in the range of 43k to 40k, BTC finally broke the downward trend line and now facing short-term resistance at $43.5k. Once this level is broken with confirmation we can see higher highs and possibly until the next resistance level which is around...
Yesterday we had a nice attempt to breakdown to lower zones, literally starting that downward movement, but price recovered pretty fast. We are still heading for that upper $45K zone, where we are expecting some major movement to lower zones to happen!! Swallow Team
Limited Movement in BTC/USD: ⚖️ There hasn't been much movement in BTC/USD. ⌛ The market is still waiting for further confirmation. Caution Due to Anticipated Bullish Events in 2024: 🤔 Traders exercise caution due to anticipated bullish events in 2024. 📅 Potential launch of spot BTC exchange-traded funds (ETFs) between January 5 and 10. 🗓️ Expected BTC halving...
It is expected that after some correction to the specified support range, a trend change will be formed and we will see the beginning of the upward trend. Crossing the resistance range increases the chances of an upward trend And if the price crosses the green support range, the continuation of the corrective process will take place
Hello fellow traders and crypto enthusiasts! 📈📉 I wanted to share an observation on BTCUSD's recent movements on the daily timeframe. It appears that Bitcoin has reached a significant resistance level, forming a compelling two time Double Top pattern. The neckline of this pattern has been breached, signaling a potential bearish move ahead. As we await a retest,...
CRYPTOCAP:BTC #BTC $42,070 support in effect, current daily with potential to put bullish engulfing on. Eying $43,145 test. RSI looking good, Low on volume as of now, Green days ahead 🤩🤩! $40,583 key support, $44,174 and $44,860 key resistance areas.