BTC trading in ascending triangle with black box as the resistance.
BTCUSDT SELL entry 20777.43 tp1 17952.65 (RR 7) tp2 17645.17 (RR 8) sl 21177.82 *FXCG* Short Position
#BTC DAILY UPDATE. #BTC has broken above the descending triangle but currently at the blue resistance box ,close above the blue box area could lead more rally and the orange box will be the next resistance for BTC on daily.
Hello Traders, frm last few weeks we are seeing significant drop in dollar index and overall global markets are immediately recovering. This is the perfect time to buy bitcoin, crypto market has already dumped 90-95% and i dont expect any major downfall frm here, if there was downfall to happen it must be happened 3 months ago bt btc sustained well and went in a...
#BTC UPDATE. #BTC has created the double bottom at the blue box area and black line is the neckline (resistance) for btc .Any break above the neckline would lead to a gain of 4% from here,however the chances of pullback are as equal if btc unable to close above the neckline resistance
#BTC HOURLY UPDATE. #BTC is currently trading in falling broadening wedge which generally breaks to the upside with black box as the profit taking zone,so if btc breaks to the upside we need to ttake profits at the black box area .
BITCOIN SELL IDEA Everything is explained on the chart "LIKE" if you like my idea Good Luck
Has to retrace back to good fib level before it goes more higher
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The chart is in the extreme phase of the reversal formation. A successful test (BTI) will be a confirmation of the reversal and the beginning of local growth. If you like the idea, mark it. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat...
Hey Guys, I want to share with you my take on BTC. We've been experiencing a flat descending triangle for 5 months now, that has been testing the 19k levels time and time again. Interestingly, it found a nice correlation with the 2018 behavior after the crash. All of us wonder now if this behavior will continue to correlate with an additional dive. What I...
I Believe we are in a accumulation zone while everyone is screaming for more downside. Not financial advice.
#BTC UPDATE. #BTC has broken above the falling channel on 2H TF and is looking to test the blue box resistance which is the double top for BTC ,a close above the blue box area would lead to a little pump and the black line would be next resistance in this case with blue line still acting as the support..
BTC / USDT Price came to the end of giant descending triangle pattern which mean a huge breakout soon What can we see in chart ? Price is trading in prolonged consolidation and there are 2 tight ranges : Smaller range (blue) :18.2k and 20K Wider range (yellow) :17600 and 22500 I interested more about the wider range because it will have more accuracy and a...
Avoid trading in the purple box zone as there will high volatility in this zone.
Btc is trading at the purple box support which is the daily support. If btc closes below this level on daily downside move might continue.
BTC has broken below to the symmetrical triangle and lower band of the triangle is the new resistance for BTC,however the support on daily is 19.1k level. we can see some volayile move at 19.1k and if closes below to this we will see more dump .