RSI in BTC 4H time frame is showing Bullish Divergences and if it works, price can go up to 66k. Keep in mind that there are significant caveats when entering long trades! BINANCE:BTCUSDT.P
Hey as we have broken the 71266 resistance zone and liquidating over 3Billion shorts. I truly believe we are hitting a higher zone before another correction downwards. Following Bullish indications are: Triangle pattern break out and anticipating to hit 83600 mark. HHHL Resistance broken at 71266 Bearish indications: Major resistance at 73363 another lovely...
The current market trend is not much different from the analysis in the previous article. 🧠From a structural point of view, we are in a bullish trend as a whole, but a larger level of short structure has been constructed, which means that it is possible for us to reverse the bullish trend based on this structure. Considering that the daily and weekly level bulls...
The BTC/USDT pair is currently at a critical juncture, with the recent breakdown of a triangle pattern followed by a retest. Currently, the price is being supported by a crucial horizontal level. It is essential for Bitcoin to sustain this support to prevent further downside. In case the price fails to hold above this support level, a drop towards the $52,000...
🚨Bitcoin started to fall again after the news of a possible War between Iran and Israel and reacted well to the 🟢 Heavy Support zone($61,100-$58,690) 🟢. 🏃♂️Bitcoin is currently moving near the 🔴 Resistance zone($66,100-$64,500) 🔴. 📈It also seems that Bitcoin has managed to break the lower line of the Symmetrical triangle , and at the same time, it is forming...
💥As the international situation becomes tense, financial markets also show a pessimistic side. 🧠From a structural perspective, the long structure is destroyed, and falling below the turning point means that the small double-top short structure has evolved into a large double-top short structure. This means that we will most likely enter a daily or weekly level...
On April 1, the BTCUSDT price started with a "humorous" correction. In general, April promises to be quite interesting and provide "many answers." During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D: - It will be possible to trace where the capital that previously entered the cryptocurrency...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line . 🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈If Bitcoin's downward momentum is high ,...
🧠The last thing we wanted to see happened. We failed to continue to break upward but chose to fall, which meant that a new short structure emerged. If the short goal is achieved, then our long defensive point will be invalid, so we choose to close the position and wait for a more suitable opportunity to appear.☕️ ➡️If the short strength continues and falls below...
Support: • Trendline support: 67K. • 50D EMA, currently at 64.8K. • Orange Gann Angle: 60.6K. Resistance: • 21D EMA, currently at 68.5K. • Yellow Gann Angle: 70K. • 71.8K Horizontal support. Do you think the bear market will begin before the halving? I don’t!
Due to the closing of the Bollinger band between the two black lines, this part of the chart will no longer be scrolled. As a result, if the price enters point A from above, it will leave point B in less than a few minutes, and Bitcoin will crash 100% to 12750 in the next two to three days
i am bullish on these points. No Fear. But BTC. Make Money. thats easy STOP LOSS : PROTECTED LOW POINT TP : LIQ POINT ENTRY ZONE : 64500-66000
#Bitcoin update BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support. currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here. we need to reclaim the 70K resistance for bullish...
We expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is...
#BTCUSDT Update: Our initial scenario is unfolding perfectly so far. BTC is likely to go higher when the BTC Dominance hits 58%+ followed by a correction which is likely to lead to an altseason. Do you believe BTC will surge past $80,000, or will it continue to move sideways until the halving? Do hit the like button if you like it and share your views in the...
🧠Now that the cup-handle structure has been established, we only need to maintain a bullish view and don't be afraid that it will fall too much. When trading, we only need to strictly implement the plan and use the plan to manage risks instead of being dominated by emotions.💪 ➡️The price is currently back near the monthly neckline and the yellow support band....
Bitcoin holding a very important key area here. DCA longed on this from below 68500. Tight and Flat SL at 67650(1%) If it holds here. Targeting 78k(easy one) and 88k. Note : Not a Financial Advice.
✅Bitcoin broke the upper line of the classic Symmetrical Triangle Pattern a few hours ago. 🌊Regarding Elliott's wave theory , Bitcoin seems to have completed wave 4 with a Double Three Correction(WXY) in a symmetrical triangle. 🌊Currently, Bitcoin is completing microwave wave 3 of main wave 5 , which can complete around an All-Time High($73,777) ( or...