BTC UPDATE. BTC is currently trading in rising wedge with upper band acting as the resistance and btc needs to close above this level for long positions.However,btc aslo making the double top at the resistance $ close below the neckline of the doule top will result in dump again.It would better if wait for long position and can take short positions with less...
Guys look out, big things are coming soon. The one hour chart has just done a tripple blue wave that gets lower and lower as the price has been going up. Which is a Divergance. However the 15 minute chart is looking slightly Bullish as of now. Are we going to Zone B or C next? Tell me your thoughts? I mentioned earlier that we would see $20,200 then most...
Analysing the current BTC move.. #BTC has again come to retest the resistance level but we have decrease in the voule as btc approaches the resistance level.Since this has been the Strongest resistance since past few days it wont be easy for btc to close above it. Will still wait for the daily close as reversal is also possible from here.
This is our Technical Analysis on #BTC 1h! In 1h TF BTC is on RANGE Market Give attention to strong levels when price reach there!
As you can see the price is getting close to the top of the downtrend channel here. Must take and close above 20550 for higher levels to be seen (green arrows) Failure to break the trendline will get the price down to 14k if not lower. My ideal pathway is a move up (ideally to 30k+, might be limited to 27-27.5k) by the EOY and much lower in Q1 of 2023, ideally...
Bitcoin in 1H Timeframe, is playing bear flag after many attempt to break resistance... Worst scenario for me will be another another LL on Daily TF!!! around $17,500
There will be high oscillation You don't know whether to buy or sell So, stay calm for the next two months This price channel will end at this point, then we will find a new channel in which it will move upwards
After the third approach to the trend, the price went to test the zone of interest of the buyer. Thus formed a trading range in the upper part of the buyer zone and the market went into a flat. Inside the trading range we observe a false breakdown of the lower boundary and shakeout. From the buy zone the movement resumes on the increasing volumes. For further...
Look at this, tell me what you see. Bitcoin is coming against an EXTREMELY LONG line of resistance.
BTC / USDT BTC show another rejection near trendline resistance of giant descending channel I believe bottom is close but stoploss of buyers must taken first Agree with my view ? ❤️ Don't forget to support my effort❤️
Basically, Bitcoin has taken out the buy side liquidity and sell side it's next, not a financial advice,use Risk Management, crypto it's really volatile.
Bitcoin is either gonna hold here or go to the green line at 13880. Not financial advice lololohahaharoflmao
If I was manipulating the market, I would sweep the current lows and then liquidate shorts with pump to FVG (Fair Value Gap), then after the liquidation DUMP. I'm pretty sure we see much lower prices than 19k where BTC is at now.
In 1H TF Bitcoin is holding my Important Zone. Expecting another small bounce from here. Don't forget that 21Sept is big news for all Markets, Not good to open Long/Short Positions
This is our Technical Analysis on #BTC 1h! In 1h TF BTC is on BULLISH Market Give attention to strong levels when price reach there!
Weak bounce on a bullish channel within a deep correction. This makes me think this could go down with short-term relief.