Bitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance. On the other hand, it was very good that the cme chat was also filled. If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I...
Good afternoon, dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. In the New Year, we see positive dynamics, but this is not enough to index this movement as "successful". Therefore, in order to update local highs, we have to go even lower to gain positions at more...
Bitcoin is currently in its third consecutive week of decline and has fallen below the 22,000 support level. Given Federal Reserve Chairman Powell's suggestion that interest rates are likely to continue to rise in the foreseeable future, Bitcoin's price has broken below its previous resistance and hit a low of 21,598 US dollars. As the semi-annual monetary...
After being blocked at 24K, BTC fell sharply, and this large-scale decline was expected. Therefore, it was mentioned around 24K that profit-taking operations were needed. Although the long-term view is bullish, the market indeed needs to adjust before restarting. This decline actually provides a better entry point, and I will continue to establish long positions...
Unfortunately, the great master of escape has run out of steam this time... Already in August 2022 it should have become clear that Bitcoin is only a charade and is on a downward path.
Welcome to this extensive analysis everyone. We have been nailing every single Bitcoin Update this year. Hope you are following me on all our social platforms. Now, let's get to the chart! Bitcoin is currently trading right below the 200 WMA. This weekly closed right below it. Probably you have seen this chart before but I just want you to understand that this is...
Price is still ranging since hitting the 25K region of resistance. Today's move was a swing failure pattern taking out the liquidity that was building up since last week. The fixed range volume gives us a good indication of where the important levels are located. If the price loses the POC, then we look for a test of 24250, which is the value area low. For the...
BINANCE:BTCUSDT here are my honest ideas on btc .keep in mind anything can happen. hopefully the market will tap 30k price or more by march. no long talk all info are on the chat.......
Pair : BTC ( Bitcoin ) Description : Break of Structure and Making its Retracement till its Daily Resistance Level Divergence Completed " 123 " Impulsive Wave and making Correction for the " 4th " Impulsive Wave Impulse Correction Impulse It can Reject from the Current Level or it can Go till the Daily S / R Level
BTC still in that ascending broadening wedge we all know it's bearish right? Ain't that right? Right?
This current 4h candle (UTC 12:00 - 16:00) has a higher probability of being a green one.
Hello traders, I hope you guys managed to make some profit after the FOMC meeting. We saw good volatility in the market with BTC reaching $24255. A 6.5% red and green gave a good opportunity for both bulls and bears. Yesterday's trade was purely meant for scalping and if you were smart enough then you could have made some extra cash. Anyways, in this 3 hours...
The outcome of the Federal Reserve's upcoming meeting will impact the direction of the BTCUSD pair. Currently, Bitcoin is experiencing a sell-off due to profit-taking, but the market anticipates a further bullish trend due to a slowdown in interest rate hikes. However, a brief bearish correction is expected. It is important to watch the 20000 price level as it may...
Hello traders, I hope you all are doing great. In this update, I am gonna answer all your doubts related to Bitcoin. Out of all the DMs, I have short-listed three questions, 1) Where BTC is heading next? 2) When are we gonna see a bull run in the market? and 3) What is the support and resistance for BTC? Before we begin, let me clarify that this update is based...
btcusdt buy signal pls buy at support Wait until the flag is broken
Hello Traders, welcome to this free and educational technical analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every...
Technical Analysis Summary BTC/USDT TREND ANALYSIS We have 1 Downtrend in red color (Short Term). Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR...
BTC daily close was above $23050. A positive close we needed for a bullish entry. In 2 hours TF, BTC broke above the bull flag pattern, retested it, and now bouncing back. Trade setup: Entry: $23060 to $23250. Average entry: $22380 to $22620. Stop Loss: $22230. Target: $24800 to $25500. Note: Do not trade without SL. DYOR before taking any trade.