in this video i have explained about bitcoin patterns we can see the bull flag and the decending also market vol is very low here
Bitcoin is still in the uptrend channel, the next expected safe target is 29500 and still the expected targets based on the volume indicator are 33000 and 36000
The red path can see the targets of $7,156 to $5,564 if the curve breaks from the bottom. But if the lower curve is not broken, it can see the targets of $74,160 to $88,260, which is also the ceiling of the upper curve. In the time of 1 month, we have reached close to oversaturation, which means that we have the possibility of a short correction, but in the time...
As you can see, Bitcoin price has been traded in consolidation for quite some time. Im using fib channel to ilustrate that picture, im not usualy using it to trade. The price has been reacted on almost every level in channel, having in mind that upper middle is slightly bullish, lower middle is slightly bearish. But as long as we are in that channel the long...
Today's focus: Bitcoin Pattern – LH, leg lower. Possible targets – 26,330 Support – 26,330 Resistance – 27,890 Today’s update is on Bitcoin as sellers have started making a solid move against the leg higher we have seen recently. Overall today, money has been moving out of risk currencies and into safe havens. This includes crypto, which has been treated as a...
Bitcoin may have found its bottom at the $15,570 level. If this assessment holds true, it's possible that an impulsive leg upwards has completed the five-wave sequence characteristic of a bullish trend, indicating the first leg of this upward move. Currently, Bitcoin appears to be in a corrective phase, which seems to be forming in a WXY pattern. The W and X legs...
Hello Everyone, As you can see on the 2h chart, BTC is all set to give a breakout! The rally may lead BTC towards 32000 in the short term, and 40000 in the medium term!! I won't get surprised if BTC kisses 50000 again before 2023 ends!! Downside weakness is seen below 26000!!! But the current week's NFP data won't give any space, I guess!!
Here´s my simplified visual idea for Bitcoin´s next move which seems to be a minor correction. The price scored 3 in a row: 1) Filled the volumen gap; 2) Reached EMA 200; and 3) Reached the inverted wedge´s top. What´s next? Tough to say, loos so impredictible lately! However, it would be rational to see the price make a minor ABC correction retesting May 12,...
If the demand test is successful, you can open a long trade on low or medium volumes. The goals are set according to the situation. 2650 is a great price to open a position.
Bitcoin is rejecting Higher Prices and creating Lower Highs. BTC is simultaneously holding a flat support level at 26,600 4Hr level as we can observe here. Price is squeezing downwards but the bottom is remaining flat at our 26,600 4Hr level. Soon this pressure may burst up or down and I'd bet on more downside. This Price action/Multi-timeframe analysis details a...
CRYPTOCAP:BTC ... I reckon this is the scenario to look out for. - Potential short around $28.5k - Looking for longs at $22- FWB:23K
I know this might be very annoying for the Crypto enthusiasts but Iooking at the long-term monthly chart, I get a feeling that BTC/USD will drop below 10K USD in the next 6-9 months. The big bearish doji candle in the monthly time frame might spell some trouble for the BTC bulls here. What are your opinions?
Clear movement of matic on the uptrend after short short move to it target
Good day friends, I will post one suggestion here, a preview of the indicator, but please do not take it seriously and certainly not as an idea for a long position on BTC. I'm posting it just so I don't forget why it is. So I can get back to it.
3rd Wave Need a valid breakout of 27501 BTC , BTCUSD , BTCUSDT , BTCUSDT.P , BITCOIN , CRYPTO, CRYPTOCURRENCY DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
Bitcoin Bulls need to push and hold above $28,200 to neutralize this pattern developing. Otherwise, bearish market structure develops with LHs and LL with a LL retest if Friday's low is taken out. A break out above upside trend line to resume upside momentum.
We have seen some very interesting price action from B TC recently with a returning surge to the 30k handle. Price has also broken long term down trend but is showing signs of being range bound until the next heavy impact news or data. - Price breaks long term down trend to lows of 15k - Return to 30k handle and test of resistance - range bound price action on...