Last weekend, the bulls tested the 50% Fibo level (42447.90) twice, but the volume of purchases failed to increase, therefore, it was not possible to break above this resistance. On the first day of August, the bitcoin price marked a two-month high around 42615, and this morning the pair has pulled back below forty thousand.Around 39500, the decline has slowed...
BTC facing a type of resistance cluster on 1D timeframe testing down trendline and horizontal resistance around $42000 We need to breakout this level with good volume for continuation in upcoming weeks.
Bitcoin breaks the $40500 - $41000 support. Bitcoin is now bouncing from the $39300 support area and need to hold above this to again retest the $42000 - $42500 resistance. If BTC breaks the $39300 support then we see retest of the $37700 support. If you liked my idea, follow me for more.
The price is still struggling to break through 0.38 Fib ($42500). But it was able to break through 1-day Ichimoku Cloud, which is the sign of the local reverse from the downtrend to uptrend. The price growth was so sharp last week and now we need a correction to make this uptrend healthy. It is logically now to see a small correction to 0.23 Fib ($37000), and may...
BTC is PUMPING HARD.....This is Bump and Run angel If it performs well, it will reach the target I have told & If it goes up a bit and reverses back then it will stop at the previous target which is $34000 & $30000
BTCUSDT Buying areas 30653 30088 29524 Selling areas 33530 34095 34660 If you liked my idea, follow me for more.
BTC showing great signs of buy-back volume, expecting a bounce from our current range. Laddering orders all the way down to $35600 in case we get one final order filling dip. ENTRY: 37000 - 37300 OTE: 36271 TARGETS Short Term:38000 - 38800 - 39800 Mid Term: 41000 - 42500 - 45000 Long Term: 50200 STOP LOSS: 33346
What a massive pump it was! We made +25% profit at the top point. The strong resistance of $36000 was easily broken and now BTC trades above the $38000 support. The priority is bullish as long as the price remains above the $36000 support. The next strong resistance is located at the $40000 - $41000 zone. Want to remind you that if we see a dump below the $36000...
Bitcoin pumping hard. BTC made a high of $39799 on Binance. Everyone is bearish on BTC and it played against. The support zone for now is $35500 - $36500 and BTC need to stay above it. The major resistance is $40000 and after the breakout we see some retail buying. Still maximum of traders are in USDT or other stablecoins and we see some buying after the...
BTC has reached Resistance 2 and as of now, it is getting rejected from this point. Rejection from this level won't be good for BTC and could lead the price back to $33000. On the other hand, we could also expect the price to reach $35500 (Resistance 3) but only if it breakout and close above Resistance 2. Remember that we are a few hours away from the weekly...
Bitcoin breaking out the downtrend channel. The first case is in play. We may see a retest of the downtrend channel line (not necessary) before going up. The next resistance area is $34,500-$35,000. The breakout also breaks the bearish Lower Low and Lower High pattern. Bitcoin is bullish on small time frames. If you liked my idea, follow me for more.
We will see a big pump in the month End..........
BTC broke our resistance level $32177 but as I have mentioned earlier, even though BTC breaks the resistance level, it still needs to break the 100 DMA and the upper trendline. Currently, the 100 DMA is denying the BTC price and we can see it getting rejected. Could this be a rejection back to Support 1 or a breakout above the $33k? Let's see!
After yesterday's review, there was no confirmation of the position in Long, we went down from the 1h TF range. Sellers continued selling overnight and reached a local minimum at around 29500. Market capitalization 1194 billion, dominance index 46.95%. With yesterday's rebound, we blocked FVG 4h TF and went even lower from it tonight. The market is still in a...
And that's our expected short-term bounce from our ultimate support which has for now saved BTC From a low of $29258 all our downside liquidity all the way back from June, we've now reached an intra-day high of $31700 which gives us enough strength and daily momentum for a push above $34000 for the first time in 2 weeks. We don't expect any lower low for now, as...
Bitcoin broke the 1st support which was important. Now we have our 2nd support at 30151$. If BTC broke this 2nd level as well then it'll be a red alarm for the market. This is something that we all expected and the main reason why we were not posting many trades like before. The market is dipping and when the right time will come, we will enter trades again.
BTC has a new range area between 30 and 32.5K. for deeper correction it should break down 30K and for temporary wave up, it should break up 32.5K.