Today, the daily level of the big cycle closed with a small positive line yesterday. The K-line pattern is continuous yin and yang. The price is below the moving average. The indicator in the attached picture is running downward. There is still a need for a retracement of the current price. The low point is in the 64400 area. , the high point moving average...
Bitcoin continues to rise and reach new highs, indicating that the bullish sentiment has not completely dissipated. It can be regarded as the tail of the short-term upward trend, but there is still some room above. The market will evolve from a five-wave structure to a nine-wave structure, so short-term trading strategies can go long. As shown in the picture, a...
#BTC took a breather last night, but don't sweat it! This pullback is just a bump in the road, and the trend is still pointing upwards. The price is chilling below $43,700 for now, but I'm expecting a rocket launch soon. Buckle up, next stop $45,300, and if that goes smoothly, $47,500 is calling our name!
This time Bitcoin's rise is aimed at the historical high of 69158. Previous highs are meant to be broken, especially when the current bull market trend is intact, so you can still look for opportunities to continue to look long and do long. As shown in the picture, the specific strategy can be to go long near 66400, TP68900-69150 SL66000
As we entered the bull cycle after exiting the red bubble, the clock started. We have measured each bull market gains since the beginning of bitcoin, and the factor is 1.618. Formula is as follows; To find the next number in the pattern, let's examine the relationships between the given numbers: 297 ÷ 183 = 1.626 51.8 ÷ 30.8 = 1.678 10 ÷ 6 = 1.667 1.4 ÷ 0.8...
On the 4H chart we can see that the BTC is moving in a bullish flag pattern, so soon we can see the break-out, but be careful because we also can see that the volumes are descending, so this can be a manipulative movement and very fast! IMPORTANT! Always follow the RM strategy while trading!
Bitcoin has reached its weekly resistance, on the other hand, it is in a static resistance, and there is also a negative divergence in this currency. Caution is the best option. If you enter a capital management position, don't forget the important support and resistance ranges. Follow us and make us happy
Based on the provided market data for Bitcoin (BTC) against Tether (USDT), the current price of BTC is $42,635. On a 4-hour timeframe, the Relative Strength Index (RSI) is at 41.78, which indicates that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at -159.0, suggesting a bearish signal. The Bollinger Bands...
The possibility of growth is stronger for Bitcoin, but there is a possibility of a correction up to the blue range, i.e. the price of 41,112. The resistance range is located almost 4% higher at 42,755. We have to wait for the reaction in the support range, because if this range is broken, there is a possibility of falling to the support price of 39.417. Friends...
Bitcoin is in an upward trend in the hourly time frame, and the possibility of a correction to the bottom of this trend is not far from expected, and this digital currency is likely to see growth again after a correction. But as we mentioned in the analysis, according to the news, there is a possibility of breaking the bottom of the channel for this digital...
NOTE: Following is interesting stuff but don't take this seriously as this is just for fun. I love market symmetry and use it to make models that predict what certain assets may do next, it works as long as model and symmetry remains intact. Chart is self-explanatory, but still there is a lot going on so let me break it down. This story began on 12th...
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...
BTC has failed three times in its attempt to ascend to the top of the bull channel with three-pin bar bear candles closing on or near their lows. It's been a slow bleed to the downside ever since last Friday. We are nearing the 200EMA on the 4HR and should expect some support here. A good short entry may be at the end of the next bull bar or two if you're not...
"As you can see, Bitcoin is in a rising channel on the 4-hour timeframe, and now we can observe a Falling Wedge pattern. As you know, the Falling Wedge pattern is one of the bullish classic patterns that can push the price higher towards the top of the channel. However, don't forget that eventually, the rising pattern must break from the bottom of the channel, and...
BINANCE:BTCUSDT moves with good price action in time frame, both Option seller and buyer are making healthy consistently profitst.
Bitcoin broke its resistance, but it has not been stabilized yet, and there is still a possibility of price reversal, because the negative divergence is visible in this digital currency, so entry is risky for long. Considering that we still don't have stabilization of the drop, entering the short position is also risky. In both cases, we checked the entry to this...
Bitcoin is in a bearish trend, with the possibility of a small rise to the specified range at best. But there is still the last hope for the growth of Bitcoin in one-day time, which is the price of 27000. This price will be the last hope of Bitcoin's 232-day uptrend.
Bitcoin is in a downward channel, but at the ceiling of this channel... Considering that Bitcoin had a little drop after touching this downward channel, but it maintained itself near the channel and strengthened the possibility of this channel's failure. But as we know, any action taken early will lead to loss