BTC still showing bearish sighs. Breakout,support and resistance levels mentioned
Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼♂️ From the first scenario, we can see price fall from the supply zone down to the $40,000 demand region. Then it started to rise again with a double bottom pattern on a new trend which took it to ATH at $69,000. Now we have a similar scenario on the current chart. Will...
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart that BTC is lying on a very important support level...
Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze BTC/USDT a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
When it comes to the technical analysis of BTCUSDT, right now price is staying near the previous support zone where price got rejected with good pressure. So there is a good chance the price will get rejected from this area again. So you may go long from here by place the stop just below the previous demand zone and target for T1. If you find this technical...
Yes, I was shorting BTC in December, but that doesn't mean that I think BTC is going to crash all the way down. There is still a high probability to fall below 42k, but for now we could be sitting in a sideways channel and price could easily test the 50k area too. Lots of good news are on the horizon in terms of the crypto market that could easily help the bulls...
So far we failed to stay above the 50k area, and this one could give a small opportunity to take a short trade. Based on the 4rh and 1hr charts we have a potential H&S pattern forming and plenty of space to fall. And I'm still triggered by that long wick from the 4th of December on the weekly charts because in my opinion that one acting like a "magnet" and we...
Since I've just made a nice 1:2 RR trade on BTC, I'm willing to take another one. This recent move was a nice break above trendlines on the 4hr and on the daily chart. Let's see how it will go from here. We do have a higher level of 52k from the 7th of December so let's see if we can do another test and maybe break that level too.
Okay.... So My previous two BTC trades were closed to almost BE. Price action was showing bearish movements in the morning, here we go again maybe for a new possibility to test 50k finally. Let's hope it happens. My RR is 1:2 as always.
BTCUSDT - Possible scenarios according to the technical levels!!
#BTC now forming within a symmetrical triangle on 15 mint chart which breakout and breakdown targets are given into the chart. Also mentioned supports and resistances for more better clarity.
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart . Sorry for the late guys I know so many people lost there money and I also loss...
The chart says it all. BTC has just made a pulback to 3 important line: The first, a dynamic resistance line from december 2017( white line); The second, downtrend line(yellow line); And the third, the supportive line at about 42000$. So, saturday's btc price falling was just a pulback and we should expect price increase movement up to a new ATH. Be all profitable.
With the break of the long-term trend line, the annual decline of bitcoins to the range of 28,000 is definite
Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart . As i say in previous chart that BTC can bounce from support level of $53700...
In case of failure of the set level, the conditions for falling up to the range of $ 54,000 are provided
Hello friends, Welcome to our BTCUSDT 4H chart. As we are seeing in the 4H chart of BTCUSDT that after the formation of Bearish Wedge, the price dropped and after accumulation we see another Ascending Triangle like this. * If price continues to remain constant then price may hit 67K again which is a resistance. *If the price comes down by rejecting Support...