Bitcoin MARKET UPDATE Bitcoin support levels - 17000$ and 16500$ strong Support Bitcoin resistance - 17500$ and 18000$ strong resistance ——————————————————————— Analysis - BTC Support is at 17000$ and 16500$ Resistance is at 17500$ and 18000$ Trade carefully and manage your risk according to mentioned support and resistance levels. Looking at 1 hour...
Hello, everyone! My last call was quite accurate, after trendline resistance Bitcoin has started it’s dump, but today it faced with difficulties to break down the strong support. Today I defined the invalidation price level and first target if I am correct. Let’s take a look at the 1h time frame BTCUSDT chart of the WhiteBit exchange. Bitcoin has finished the...
Forming Falling Wedge In Daily Timeframe After Upside Breakout Can Bounce Massively Wait Patiently For Breakout Its Not a financial advice Do your research Before Taking any Action
BTC getting local resistance and volume is dipping. Its still above trend line and forming a triangle pattern but has been respecting it but its too much glued to the lower side. Any Volatility can break it and push BTC to re-test Trendline again. BTC dominance has a resistance at 40.3 so we might see BTC dominance head down which might push BTC further up....
From our previous idea, we can see that Bitcoin played out perfectly :) BTC bounced off of our upwards channel and continued to the 200 EMA (as we previously predicted). Now I'm watching to see if it can break above that 200 EMA (17,300 level). If not, then I'm looking to retest the bottom of the channel again (16,800). If Bitcoin does break the 200 EMA then...
this chart should fill in quite nicely over the years, looking forward to watching it progress, and will be documenting all the way to the top
This is an expansion on my previous Wyckoff distributional schematic. On this chart I've highlighted the regression trend, starting at the top of the UTAD and following the waves down to the second LPSY re-distributional consolidation. At the top of the macro trend are overbought areas where the MMs are dropping supply to strangle the army of weak-handed retail...
Our priority scenario is confirmed by the growth of Bitcoin. The price of BTC may reach the range of $18000-18800 in the next few hours. Bitcoin price drop below $16500 cancels this scenario
Hey is is Artem update on BTCUSD price action on 1h TF. Looking for movement in range 16660 up to 17200 during weekend. Price consolidating at rising support lines before fake breakdown and rise. According to this behaviour I am thinking price will rise afterwards and break Green Resitance line to move up 17200.
BTC has formed a classic Wyckoff distribution range, and if my hunch is correct, we are currently trending in the final LPSY (last point of supply). This is where retail traders hoping for a moonshot rush into positions only to get smashed by a battery of short positions put in place by Smart Money. We've already seen this happening, with the rally to 17.5 a few...
I dont really feel for making a long description.. Personally i find it likely we hit these blue marked price targets in the time period of 10 days. NFA, DYOR - we shall see. Im swing trading it (short)
Hello, Today I will look at the BTC/ USDT pair on Binance in the 4h timeframe. The demand zone is sitting around 16K, and the supply zone is around 17K. I can see that the descending triangle is formatted, and I am expecting that the price will go downward from its current position. I am expecting a downtrend, bearish movement, and the price of Bitcoin to go down...
Looking at BTC on the 4hr chart, we can see it continues to be in our upwards channel, bouncing PERFECTLY off of the bottom of the channel/horizontal support at $16,750. Right now I'm expecting it to continue upwards and retest the previous resistance of $17,167 (red line) which also coincides with the 200 EMA a little higher at $17,300. If it breaks both of...
Bitcoin has been holding above the liquidity zone and also has been following the trend line. It can retest the trend line and then move our if we hear anything terrible from the fed we might retest the 16500 zones. else we already see the gap filled so we might see a move to 16800 and then a move to 18k and then a dip back. Liquidity hunting and Stop loss hunting...
As you can see, Bitcoin broke the ceiling, but the ceiling was falsely broken and reversed, and according to the principles, it should hit the bottom of the channel, i.e. 15,000, but according to my analysis, it is. According to the arrow, the two modes are decreasing and falling or increasing. And it grows. These days are fateful BINANCE:BTCUSDT
Bictoin bullish and bearish scenarios. Bullish scenario: Bitcoin could go up correctively with an extended flat pattern if the formation in the ellipse is a 12 12. The confirmation of this scenario could be if Bictoin breaks above 17500. Also look at the realted idea for the bullish scenario. Bearish scenario: Bitcoin could go down if this correction is a...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 We're looking at a grim situation on the BTCUSDT chart; the next local support zone / demand zone is anticipated only...
🖥️ We have determined there is a 60% chance Bitcoin will RISE from our current entry point. 📉 LONG - BTC : $16,965 📉 💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of $350 - minimum expectation $200. 🕰️ Duration of trade: we are expecting this to occur within 5 hours of this signal for the Min. Profit Target. Then we see this...