BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. As long as Bitcoin is above Bollinger midline, it will continue its upward path until returning to $75K. The bullish scenario will be canceled when Price returns below the Bollinger midline and stabilizes there.
So here are the various support and resistance levels which are relevant for the current price action. The price has been rejected from the daily resistance DR1. It tapped the daily resistance DR1 and started moving down. The first support is the hourly resistance and the price may bounce here temporarily but not significantly. The next significant support is 4h...
In a recent price swing, Bitcoin (BTCUSDT) has retreated to find support at its previous day's level of $61,850 - $62,000, as seen on a 4-hour chart. This price movement suggests a potential period of consolidation for Bitcoin after a recent rally.
I haven't updated in a while. I'd like to remind you this is a market controlled by greedy players with lots of money and control over futures contract. Yes the holy Bitcoin event is coming up, but wouldn't it be a great business idea for players with big money to nuke the price, show that there is demand below, and send the price flying back up? It's the hit 'em...
BINANCE:BTCUSDT BINANCE:BTCUSD Hello traders. Bitcoin has a bullish guard above the current support. Volume management and risk-free strategy are very important in this setup. Bollinger band midline movement can help you manage your risk. The divergence of the indicators is shown in the chart.
The large-level trend has turned bearish. Try to focus on high-altitude trading, and be cautious when going long. Judging from the current trend, the resistance is mainly concentrated around 68000 and the support is around 64000. Trade around this range first. If it falls below 64000, you can make a small rebound. Don’t be too greedy when trading. Close the...
The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000. This is a large trading space that requires sufficient...
Hello friends.Follow my short position on btcusdt start correction at now by this position Short position entry :64969 sl:65051 tp: 63123
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. In the 2-hour timeframe, Bitcoin is trying to stabilize above the 2-hour and 4-hour middle Bollinger lines. The $69,500 level is an important resistance in front of Bitcoin, if Bitcoin fails to pass this resistance, a head-and-shoulders pattern scenario is likely. Otherwise, above the $69,000 level,...
Hello dear friends I hope you have used Bitcoin and Tether Dominance analysis (I informed the exact date of the previous 2 corrections) We are at a stage of the market where it is very difficult to overcome greed, be sure that if the market was going to make more profit than this, I would have opened a long leverage position of 3 or 5 right now, but it is not the...
Rely on technical aspects. The market still maintains a strong upward trend. The first point is the universalization and value-added of digital currency, which is also the first choice to resist inflation. The second is continued weakness in the dollar, and the third is increased demand. Three simple points outline BTC’s strength. At the same time, mysterious...
Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
My current TA suggests the next move for BTC is coming. However, which way? There are two possible scenarios. Scenario 1 will be an upside move with a move towards 77k. Scenario 2 will see a corrective move for BTC. I personally believe we will see scenario 1 play out. Most traders believe BTC will see a corrective move and I feel there will be a lot of short...
BITCOIN needs to cool down for the next leg up. Fibonacci golden pocket showing a price decline at a level between 36k to 42k. Would it be possible? Yes, it has high probability. It will make a beautiful cup and handle bullish pattern which will take BITCOIN to 100k in near future. What do you think guys, will it work?
Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Started DCA Shorting BTC from above 68000. Stoploss flat 69000.(1.5%) Pretty much clean setup on this one with nice RR. Taking it won't hurt much because of the tighter stoploss. Targeting 61k and 55k. The price if holds here can see a significant downside. I opened a position after very long time hopefully this will go good. Note: Not a Financial Advice.
Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical. Broker - bitstamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because I think It's going to be short selling for Bitcoin this year or up to the end of this year, There is a lot of liquidity as...