The latest news is that BTC is currently hovering around an impressive $36,000 mark! This is a momentous milestone that demands our attention and calls for action. Why am I so thrilled about this? Well, let me break it down for you. As seasoned traders, we understand the importance of technical indicators and trends. And right now, BTC is showing us some...
There are some small chance that MM has finished to squeeze longs. I am taking a risk here but ideas look decent
BTCUSD reach double top resistance at $38,046. If this resistance cannot break up, we have classic support at $35,972 to hold correction . this classic support also same level as fibonacci 0.618 support around channel up support.
Will it be a 3-wave move downwards or will we impulsively go down? Time will tell! The 3-wave move (ABC) => The 38,000 top will likely be broken in a relatively short period of time. The impulsive move (12345) => The 38,000 top will continue to act as a top for a longer duration.
Overview: Bitcoin has recently displayed a compelling technical pattern, forming a triangle with a notable high at $37,978 and a corresponding low at $35,784. The chart indicates a period of consolidation, setting the stage for a potential breakout on November 12. This impending move is further accentuated by a strong resistance level at $39,968, making it a key...
Bitcoin still has liquidity to the both side to take, we could see another sweep to both upside and downside. with this much liquidity we might continue our consolidation untill a decrease in liquidity happens to make a major move. Thanks for watching
Few are looking into what has perhaps given historically the most accurate results on Bitcoin, the 1M timeframe. Technically, it has just gottern out of neutrality and turned bullish (RSI = 56.333, MACD = 1504.800, ADX = 27.300) suggesting that the market is past the dangers of the previous Bear Market and has already started the Bull Market. The current rally is...
Today's focus: Bitcoin Pattern – Ascending Triangle Pattern Support – 33,780 Resistance – 34,717 - 35,480 Hi, and thanks for checking out today's update. Today, we are looking at the Bitcoin on the daily chart. Today's focus mainly focuses on the ascending triangle pattern we are seeing in the current up-leg. Could this set up a new breakout that retests the...
BTCUSD has turned overbought on its 1W technical outlook (RSI = 70.463, MACD = 1620.000, ADX = 29.717) as it made a new annual High. This is not the only technical benchmark it achieved as it formed a Bullish Cross on the 1W MACD and crossed over the formed support that turned into resistance emphatically. We see the same repetitive pattern on both prior Cycles....
Bitcoin (BTC) *In this analysis I used the Binance Perpetual Future Chart In Forecast data at the 1 hour TF closing at 10.00 WIB Price BTC closed in a Strong Bullish condition. I assume BTC still has the potential to retest the $42,000 range with an increase of around 20-23%. This reflects the positive sentiment in the media and also fear and greed market data,...
Pray for Bitcoin, It's not feeling well!!! Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you. TradingView: @FarmanBangashh
Hi Traders, Investors and Speculators of Charts📈📉 I'm expecting some more volatility on Bitcoin as the RSI recently 102 which indicates and extremely over bought market. This is also confirmed by the technical indicator. Usually, after such extreme numbers are hit on the RSI, the price needs to "cool down" or retrace before continuing back upwards. This could...
After conducting thorough analysis and closely monitoring the market trends, I am thrilled to inform you that I am expecting a remarkable 40% return on Bitcoin (BTC) in November. This projection is based on several key indicators and patterns that have historically proven to be reliable in predicting market movements. Now, you might wonder what makes November...
📈 BTC/USD: Short-term Drop with Upside Potential 📉 Recent USD weakness fueled a rise in BTC 🚀. Now, with the Dollar initiating a pullback, I anticipate a short-term drop in BTC/USD. After that, I'm looking for a continuation to target the $31,500 level. Here's what to keep in mind: - USD Influence: Recent Dollar weakness played a role in BTC's ascent 📉. -...
Hello Traders, 🔹BTC has a good entry at zone 26,500-27,000 🔹Target is 30k and RR : 1:2.6 Manage your capital correctly and carefull, Goodluck to you !
BTCUSDT Near The Breakdown 1. Below the 50EMA 2. Blow The pivot Line 3. Near The Breakdown
As we all know, Bitcoin has experienced an unprecedented rally over the past year, reaching new all-time highs and capturing the attention of both institutional and retail investors. However, recent market movements have raised concerns about the presence of bearish forces attempting to control the price and limit its upward momentum. The idea of bears...