We had placed bitcoin in a hypothetical channel. It has encountered the resistances we specified several times and could not break the midline of the channel, and if the green box is not supported, it can react to the blue and lower green boxes.
Hello Dear Guys So in Weekly Chart bitcoin is on bearish which the corection will happend before halving so dont go allin into investing because we highly got a corection chance to see the RSI is high same on MSI etc etc.. its not a financial advice just be safe thats all i want for you guys thanks
OKX:BTCUSDT.P Short 1W Rising wedge + Entrance 31745 = Exit 18475 I am interested in your opinion on this algorithm of actions deposit 20% of asset order 20% of deposit leverage ×20 cross margin take profit 25+-% of order stop loss 5+-% of order day loss 1% of deposit RR 1 to 5 Entry on negative news background + At negative mood of trendsetters + No nearby...
BTC/USDT Binance 1H Hollow Candlesticks Since the price broke the parallel ascending channel, we saw a rise of around 40%. Currently, the Support level is predicted by the extension of the golden ratio of a Fibonacci Retracement and the Resistance level is at 38K. Also, an ascending triangle has been formed, where the rule says that since the price entered...
BTC UPDATE: BTC is currently forming rising wedge on 4hrs TF which is bullish channel and still in uptrend on 4hrs TF in as much we are holding 35.6k 4hrs bullish OB strongly….. In as much BTC holding the support at 35.6k strongly on 4hrs TF we are good but any break of the bullish channel and break of previous lower low at 34458 will trigger the price to...
Short term update. The market needs a break, the next uptrend will continue in the coming weeks and we will soon see 47. This is not a malicious offer, check and comment 🔥🔥🔥🤍🔥🔥🔥
Looks like BTC has reached the top of the ascending channel. If the selloff continues we will see around 26k within a few weeks unfortunatly.
BTC / USDT BTC succeeds to breakout the resistance of 32k (monthly resistance) yesterday first time since may 2022! We can see also a successful breakout retest what does that mean ? – The 30k to 32k level should act now as support /buy area until broken for the next pump toward 40k region ! – NOTE : The price has filled the CME GAP at 35k There is...
BTC Update: The daily close on BTC was below $30k which created a doubtful situation to re-analyze the chart. This time, let us analyze the BTC chart in an hourly timeframe to get a short-term view. In this chart, we can clearly notice that BTC is following the rising wedge pattern. If BTC has to drop then we can expect it to reach the pocket support (shown in...
⚫️ We should always look for reversal patterns at the bottom and ceiling of ascending or descending trends. Here, Bitcoin failed to form a lower bottom, on the other hand, there is a possibility of forming a twin bottom pattern. 🔴 It is too early to comment on this pattern, but the possibility of a one percent growth for Bitcoin is not far from expected, and...
As you can see, an important break has been made, so there is a possibility of a pullback for a further drop. It is possible that Polback to 🔵 An important area that 🔴 is a static resistance and also to the 4 hour channel floor and also to Have an hourly channel midline And the two moves ahead 🔵 growth up to 5% Drop up to 5% May happen..... But which one is...
Bitcoin looks lost in this area with nothing much other than a tap of the $25600 FVG looks likely, we might push up to the $26930 area first to tap into that FVG left from the fall yesterday but other than some good news the CPI and FED announcement could send this down fast if bad news is posted!
Today's news is very important, this news can cause more growth of Bitcoin, so if the news is positive, this analysis will be invalidated. But according to the technical analysis, there is a possibility of more return and fall for Bitcoin. This return may happen in the 4-hour time frame, but there is still hope for a return in the daily time frame because the...
Yesterday I discussed $28k being a resistance target on this move up, and today BTC had a strong rejection at this price level. I think BTC is currently forming a dead cat bounce, and I see the price trending down lower. I see the light blue trend line as a price target, but there will likely be bounces at the white support zone before dropping lower.
I believe we are in Bullseason and Bitcoin is going to see targets of at least 92K this cycle top. Be sure to have an exit strategy if you are invested. Not financial advice.
Yesterday's analysis remains valid. In today's analysis, which you can see in the hourly time, the possibility of growth is stronger. On the other hand, three support ranges have been identified, the most important of which is 27,200. Let's not forget that in an upward trend we are not always with the upward trend. Therefore, the possibility of the price falling...
MIL:BTC update We need to have patient what #bitcoin has planned for us. I expect #btc bouncing around BSL or September high On LTF there is a scalp possibility, waiting for the 5th wave 🐨 Keep in mind there are 2 small #CME gaps beneath for later to be filled #trading #BTC
Is this a growth and failure fic? Has Bitcoin entered an uptrend? So far, the analysis that we presented 11 days ago has been implemented exactly. But the failure of this downward trend has not yet been established, so there is still a possibility of falling. The stabilization of this failure should happen after the green range, so it is better not to rush. If...