💎Technical Analysis Summary💎 BTC/USDT -The bulls may have found support on the weekly key level -The 45k region acted as new interest for the buyers -Also, the confluence of 50W Moving Average may have added defense -Most likely, Bitcoin is safe for the next few days -Potentially consolidate at current market price and form any bullish pattern -On the other...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin finally broke above the trendline resistance -on the 5th retest, the strong resistance has been a breach -But before this strong move of BTC, there is a double bottom pattern -BTC bounces twice at 45k support region and pushes as high near 50k -If we want to see the bulls continue, the current price level must...
so i notice something peculiar on this random rip this evening, it stopped at the 100% extension of the previous move 100% extension is a corrective target. if this move was genuine it would continue right now, and not fall back down into the local depths. >if it falls back down, then this was yet again another bull trap. i'm not bullish nor bearish at this...
BITCOIN - A brave new world brought to you by the nerds Get used to your new tech overlords. I mean I don't even mind really, seems better than the old guard. Here we have what everybody is looking at now. 13 or 17. been saying 13 for a while. but i think its prob somewhere in between. some indicators and even simple lines (see the yellow triangle ones, the...
Hello, all respected Traders and Investors, Here I made a simple analysis for BLX Index. In my opinion, Bitcoin will be dump first to close the CME Gap into 40k and after that, I hope Pump will come.. Critics and comments are super appreciated Thank you! Happy trading you all!! Good luck! Cheers, PS: This not financial advice. Please DYOR before entry the market
💎Technical Analysis Summary💎 BTC/USDT -From the BTC update yesterday, the price retested the horizontal support again -This is not good because the support gets weaker over time -We could see another bounce reaction here or consolidate a bit -Before deciding another move, technically, this price action is bearish -Still, be cautious everyone, especially the...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin on the short term view is showing a bearish price action -The price is respecting the downward trendline resistance and EMA 23 -We can also see a horizontal key area of support around 46k dollars -If the new 49k resistance level is unable to invalidate in the coming days -BTC might retest the flat support zone for...
This is my personal opinion and observation. it is not financial advice.
💎Technical Analysis Summary💎 BTC/USD -My previous update last November 30 has failed -Bitcoin drop down to its weekly key support area -The price also retested the 50week Moving Average -And currently, we can see the BTC is reacting to this level -A massive -30% flash crash hits my stop-loss of a few trades I opened -The good side though I'm following strict...
Hello everybody According to the last chart we analysis , we explain some of the factor and the pshchological view of market maker to the market and what will can happen in December Look at our previous analysis and read explaination to know the market better and can take good decision Previous analysis : If you wanna any help or do you have any question...
Hello everybody Whats up ? Are you be calm with this amaizng dump ? or Not ? In our Vip channel more than half of our members are happy because of this dump :D :D :D But In here according to the chart you can see the market was dumped and many traders is searching to find a reason that why the market was dumped but it is sh... We are in emotinal candle stick...
The current market dynamics The price action on BTC has been quite interesting throughout the last 6-8 weeks, seeing the "king" of all cryptos stuck in the relatively broad range of the $53,000 support level on the downside and the $68,000 all-time highs resistance on the upside. It seems that many market participants expected for BTC to shoot upwards...
💎Technical Analysis Summary💎 BTC/USD -Despite the recent -10% move of BTC last Friday -Today, the bulls have managed to regain back above 58k dollars -This is good news because the key area is being respected -We have the previous resistance last September 7, Fib 0.5 and 100D Moving Average -These multiple key factors drive the price back up the previous...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin may have found support near Fib 0.5 level -We can see the price reacted to this region and a bounce is happening -If we plot a descending channel, the price could test the resistance at 60k dollars -And if a bullish breakout of this channel, we could expect much higher price targets -If we see a good move above,...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have reacted bullishly just above the Fib 0.5 level -This zone is a confluence of mini S/R flip last October 13 trading -I have plotted a potential descending channel coming from the swing top -If BTC forms any bullish reversal pattern within this bullish Fib area -In the coming days or weeks, we can expect...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed to hold the immediate support area at 63k dollars -After a sharp drop down to 58k dollar, the next potential support range -This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade -The market is not good recently so I didn't put heavy on this position -BTC is technically bearish in...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin is rejected near the 70k dollar psychological level -An ugly -9% move hitting my swing trades stop-loss location -Most altcoins are affected with this move recently invalidating some bullish structures of altcoins -But looking at price structure, BTC reacted at previous local resistance at 63k dollars -This level...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA 23 and Fib 0.236 from my last update -A strong entry by the bulls and the price is back above 66k dollars -If BTC breaks into new ATH, the Fib extension are the potential targets -But if a failure to break 67k dollars, a test of 63k dollar support is likely -The price action is bullish again and...