The leading diagonal pattern is very similar to the ending one. It consists of five sub-waves, labeled 1-2-3-4-5. Its first wave is usually the longest, while the third wave cannot be the shortest among waves 1, 3 and 5, and waves 2 and 4 are always corrective. Waves 1 and 4 should overlap. There are, however, few notable exceptions. First, leading diagonals occur...
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
Somebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
CRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
4H TF reset, Daily TF resetting. Halving is almost upon us all. Are we gonna see 52k BTC at the Golden Pocket, only time will tell. For now it's bouncing off .386 fib. Scenario in charts. I'm till neutral
BTCUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long BTCUSD Entry - 64148 Sl - 62444 Tp - 67354 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Majors scenarios. Just one next LL, and BTC is done, bearish turn. Hongkong ETFs approval on Monday, hopefully next week give greens
CRYPTOCAP:BTC #BTC Tested $66,961 on Friday as expected, revisiting key support at $66,323. Finally above $68,546 on 3rd attempt, $69,813 testing. Bullish engulfing on last 1D close and RSI also looking good on 1D, expect $71,379 test if followed thru, $68,546 support yet to be tested, it will be key support if held.
This video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. ...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Consolidation Phase in Long Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence
Liquidation Heatmap for 1 year 74800 56000 50000 41000 34000 23600
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge CHoCH Fibonacci Level - 61.80%
OKX:BTCUSDT.P Short trading idea = Head and shoulders + Rising wedge + Fibonacci retracement 0.618 + Fibonacci retracement 0.786 + Retest level 30000 = Enter 61175 = Exit 53921 + 47241 + 31047 I am interested in your opinion on this algorithm of actions deposit 20% of the asset order 20% of deposit shoulder ×20 cross margin take profit 25+-% of the...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. My midterm (6-10 months) expectations on BTC. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. DYOR!
#BTCUSDT Potential Deep Correction Looms Following a significant surge, Bitcoin has undergone a dramatic decline, signaling a possible deep corrective wave. This sharp fall has engulfed several candles, suggesting strong selling pressure. The presence of a valid and robust bearish engulfing candlestick pattern (CH) further reinforces this potential...
Hello All, It's been a while since I published anything, this is my current view of BTC play. I'll watch how BTC will react with the ascending channel, then the support line at 18k ( this is my first add ). I'll keep adding to my bag everything below 18k$ until 15k$ *THIS IS NOT A FA, I ONLY PUBLISH TO DEVLOPE MYSELF AND SEE HOW MY CHARTS GOES.