#Bitcoin has been on a road to recovery and going by the chart looks like BTC has already one impulsive and Correction wave. Next wave is supposed to be the longest of all. So going by the rules BTC should create new ATH at 69K zone, followed by new ATH at 73K at wave 5. On a smaller time frame, Bitcoin is currently moving in a symmetrical triangle. It has...
According to the references, the third wave of the cycle, if it is elongated, then one should expect the correction of the cycle to be in the range of the fourth wave of the microwave. I predict this range will be up to the area and from 25,000 to 30,000 dollars.
61800 was previous All time high (previous resistance) now flipped support. After we had seen price consolidation above this area we can see price has retested this area multiple times and has respected it. BTC looks like it is following this ascending channel here. If price does happen to breakout of channel, and break 61800 support. Putting buy limits...
If you're in a leverage trade make sure you push the stop loss into profit or just tighten it up.
On the CME Chart we have a more clean price action without weekend data, showing possible ascending triangle. measured Target is 74k
Bitcoin broke above the 21D MA in the smaller time frame (hourly) If the price sustains above this level it is highly likely to reach the $57k level. I am expecting the price to go up from here, market is still uncertain so I am not posting many setups and keeping you updated with these BTC Updates. Do appreciate these efforts with your likes and post your...
In my previous updates I told you guys that the price will soon break the $60k level+ and it already happened today! Read my previous update if you haven't. BTC Update : The way price is holding up the 59.5k level this Scenario seems highly likely. Invalidation will be a close below $59,120! Do hit the like button and share your views in the comment section. Thank you
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Everything has shown on the chart! What you guess?!
BITCOINUSDT has had a truly breathtaking run this past few weeks. Now we might have a pullback towards 50K or lower as volume has not increased in the same way as price. 40K could also be a pretty strong point of support, as it is in the 0.382 fib retracement range, is a pretty strong point of volume, and also has quite a psychological impact behind it. March...
Welcome to this quick update. BTC is currently trading at $35800. 3 conditions are needed for BTC to stay bullish. 1. We need a break and close above the black trendline channel resistance. 2. Price stays above 21D MA in 4 hour chart. 3. Price after the breakout of the black trenline should move back into the blue channel trendline. If we don't close above the...
bitcoin will soon break the 42000 high, as we can see it in wave 3, right now followed by a correction there will be an impulse to wave 5
There is a high possibility that the bitcoin price retrace to somewhere around 27000 before we see another push-up
I see downside. What do you see? I see a test of where we broke out or a test of the white anchored volume weighted average price.
bitcin set to complete its 5th wave leg, I expect a target of 24000 to be reached soon. before we see a decline in price fore retacement
Bitcoin is in Rising Channel If break out than 21.5k if break down than 18.5k
A SAMPLE OF SQUARE OUT DATES USING A SQUARE ROOT FORMULA. THIS IS AN ACCURATE CHART. HOWEVER READING IT IS STILL CURRENTLY UNDER ANALYSIS FOR PULLBACKS.