But we need to drop to the trend line first. TP: $13,350 before reversal Might hit, might miss. DYOR!
The chart is in the descending trend Important area , it need to cross the yellow line to go up again ,
last january 26, i made a long term prediction (rough one), where i expected a price dip and resistance beetween 40 to 50k usd. i was wrong in part, there is a channeling resistance, but lower 30k. this is a new ATL, but logical, ence it respects a remanaicent resistance. things look good, btc is gaining .5 a day since the last 2 W. a new bullish trend ahead? ;)...
btc touched a broken trend line and i think price down and will up in two method which one is correct ? share your idea to me
In the future I would look more for a bounce at 20k near the start of June end of July then a bounce back up. We are also at a level now where we could see a bounce. However with the news lately and how everything is moving I would say a drop is more likely. This is just for personal reference. Not a recommendation.
BTC/USDT Binance 4H hollow candlesticks A downtrend parallel channel has formed since the 21st of April. Also, a Falling Wedge has clearly formed. Support and Resistance main areas are shown. A bar pattern repetition shows a possible price movement for the next days. Volume increasing. Multiple Support & Resistance levels shown as horizontal lines....
BTC by end of May 2022 will show how and from which side of the depicted triangle will come out. Bearish trend most probably will be continued and we would see the pre-COVID prices again by this summer! *Just personal idea, not financial advise*
Will start upward above (27800) Target: 32200 and 35000 and 39300 SL: 23650 ------------- We will start Downward, stable Under (23600) Target: 20000 And 18000 And 16500 SL: 29000
What you think about crossing trends in 2017-2022 Bitcoin Chart?
So, as I sad, I expected when bearMA to be greater than bullMA.. This happened first (week)2022-March-07 and the second (week)2022-April-11.. Prev. analysis : "Just like in 2019... so the next station is the weekly 200MA, but first maybe wee get a little pump to 50k before go to 25k." So, this wasn't happened.. And BTC started down to support. As I showed, in...
$33.854 is our last support, if this support is broken we will have broken a huge 5-year trend and unfortunately we will be heading towards our $22K target without a relief rally. I still think that we will return from this point and make $52K first and then go to $22K...
the direction of bitcoin now bearish after breaking the channel ------------ We will start Downward, if stable Under (37870) Target: 36000 And 34500 And 33100
TOP Side = 40600 - 41000 according to Implied Volatility and ATR BOT Side = 37800 - 37500 according to Implied Volatility and ATR Expected movement at 28April 00h between 3.5 - 4.5% movement during the day In terms of fundamentals that can affect BTC At 14:30 european time(in 4h) we have the release of : US GDP US Jobless claims Both of the them are expected to...
the direction of BTCUSD now will looks to down Under 42240 will reach 40700 but from there if reach 43150 and break it to up will reach 44480
I think BTC is going to dump and will hit target. However it touched the monthly pivot and imbalance area. So what do you think?
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