BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. After receiving support around the level of 38-39 thousand dollars, Bitcoin now has two possible scenarios in front of it. If the price fails to stabilize in the specified area, the bearish scenario will be activated. But according to the divergence of the indicated indicators in the chart, Bitcoin...
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2h time frame - BTC is creating a small triangle structure, the liquidation zone of this structure is 44500~45300. Look at the bigger picture, 45000~45430 is the PRZ, which is made from 0.382 Fibonacci tool and project target at 35700~34500. Also, this PRZ(45k~45.4k) is the potential right top of a big double top structure, so this zone would be good to try short...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame Impulse Correction Completed Impulsive Waves " 12345 " and " AB " Corrective Wave Head and Shoulder Pattern in Long Time Frame and completed its Second Shoulder
🏃♂️Bitcoin is moving near the 🔴 Heavy Resistance Zone($44,700-$41,780) 🔴, the Resistance line and Support line . 🌊According to Elliott's wave theory , Bitcoin seems to have completed five impulsive waves . ✅Bitcoin broke the Uptrend line . 🔔I expect Bitcoin to Fall to the 🟢 Heavy Support zone($42,250-$41,500) 🟢soon. ❗️⚠️Note⚠️❗️: An important point...
👋Hi, I hope you had a great weekend. ✅ As I expected , Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢 . 🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($44,700-$41,780) 🔴. 📈Regarding Classic Technical Analysis , it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern . 🌊According to the theory of Elliott waves ,...
Hi my dears It seems that we are at the beginning of a downward trend in the Cryptocurrency of BTCUSDT. The yellow area that I marked in the picture is the area for collecting orders in the coming weeks. I think we have the potential to reach lower levels. The black lines that I specified are the support areas in front of Bitcoin, when they are broken, the...
📉Hi Traders, Investors and Speculators of Charts📈 With the ETF approval priced in, next thing is the upcoming BTC halving expected in April - but wat does this mean for the price of BTC? When there's an unprecedented event that will affect the markets, it's helpful to return to the basics: 👉 Buy the rumor, sell the news 👉 Macro Analysis 👉 Candlestick...
Bitcoin is correcting. It is as simple as that. Here is my input on things: What is on the chart? (Follow the steps) 1) Price rallied back in October 2023, breaking the high of the 13th of July 2023. Throughout this breakout a large untouched daily FVG was formed. 2) Following the rally, price slowed down and created an accumulation structure which plays a huge...
BTCUSDT is trading in range bound with 10% range. some time ranges are the best things to play just buy the support and sell the resistance. as this one is 10% range which can deliver fine risk to reward. currently the price is at resistance level and being rejected due to sell pressure. will the pair head back to support area ? what you guys think of this idea ?
Hello dear traders In Dogecoin currency, the price has reached the resistance range due to being in a downward trend after its price correction. This resistance zone can decrease the price due to the presence of necessary liquidity. The loss limit should be above the dotted line indicated on the chart, and for the entry point in the resistance zone, enter...
After carefully examining the 4-hour chart, it is evident that BTC has encountered a strong resistance level, accompanied by a gain of over 5%. This presents an ideal moment to take a short position. BTC CME also shows resistance on the 4 hourly chart clearly below: Our first target stands at $26,000, while our second target is set at $16,000. With these...
Bitcoin (BTC) is currently displaying a head and shoulders pattern on the 2-hour timeframe. Confirmation of this pattern requires a candle to close below the neckline. If this occurs, there is potential for a nearly 13% drop in accordance with the pattern. We are eagerly awaiting the next 43 minutes for the candle to close to assess the situation. Stay tuned for...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. Let's make it simple. Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.) If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500. Many analysts are predicting a sell-off after the...
#BTC We have a symmetrical triangle within which the price moves We expect a strong movement, whether up or down If it closed below the rectangle on a 4-hour frame at the level of 42000 By closing the 4-hour candle below, we will head to the 39,000 to 38,500 level. If a 4-hour candle closes at the top of the rectangle at the level of 43500 and the close is...
🏃♂️Bitcoin is moving in an Ascending channel with a low slope of 4 days . 🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($43,720-$43,100) 🔴 and near the upper line of the Ascending channel . 🔔I expect Bitcoin to move to the lower line of the ascending channel again and possibly break this channel. ❗️⚠️Note⚠️❗️: An important point you should always...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. We got downward impulse after correction waiting for continuation. Who wanna try to short - Entry: 44500 - 46k Target zone: 38 - 36k Stop: ~49k (depending of ur risk). ALWAYS follow ur RM . RR: 1 to...