The price has reclaimed the broken 4h resistance support. This indeed paves the way for the price to retest the 4h range high at 23300.
The price hit the 4h support area which is also a daily support area. We will see a bounce here probably. This bounce has a probability to at least reach 23300 level which is a 4h resistance area. We will see how the price action is once the price reaches that resistance level of 23300.
This current 4h candle (UTC 12:00 - 16:00) has a higher probability of being a green one.
This current 1h candle (UTC 13:00 - 14:00) has a higher probability of being a red one.
This weekly resistance range is indeed a strong one as price is not able to easily move above it even on intra week basis. However, once price trades above this resistance for a a day or so it is more likely that the weekly candle will close above this resistance zone. By looking at the several attempts and the price trading longer in the resistance zone rather...
There you go BTCUSDT crossed the recent high of 23960 as suggested in the previous post. The close of 4h candle above the 4 hour resistance and then bounce upon the retest of that support at 23300 confirmed this breach of the recent high at 23960. However, the price could not cross the weekly resistance zone and for now pushed back and remains in this resistance zone.
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BTCUSDT analysis on daily time frame. After new o last week some symbols pump.
According to the previous analyses, the trend is still bearish for those interested in knowing what will happen to Bitcoin in the future or wanting to trade on it. The situation is likely to happen as shown in the image. Follow me, like, comment, and any questions. Observe the money management and the stop loss.
According to the previous analyses, the trend is still bearish for those interested in knowing what will happen to Bitcoin in the future or wanting to trade on it. The situation is likely to happen in the short-term time frame, as shown in the image. Follow me, like, comment, and any questions. Observe the money management and the stop loss.
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BINANCE:BTCUSDT Due to collapse of LUNA and Celsius the selling pressure on BTC is very high and the support has been already broken. Also, the fed interest rates are also going up which is making it more difficult for BTC to pump again.
Bitcoin is down again with a bear sentiment , $42k - $43k which seems to be an opportunity for support on the weekly timeframe has been lost seeing the candlestick below the zone. There is less than 48hours to see how the weekly timeframe would playout and also, as indicated on the chart, we can see a bear flag pattern which has just made a retest on the flag's...
Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼♂️ As shown on the chart, we have a successful breakout from the trendline. Therefore, I expect a pullback to $38,000, then a bullish move to $51,000 (if the trendline should serve as support this time) We have a resistance zone within $40,000 & $41,000 which indicates a good...
Everyone has been saying buy for months, but we sell because it broke the diagonal support on a weekly basis, pull back was not enough, it breaks the horizontal, so the first target is $32.000/$29.000 band, it will seek buyers from here, but our prediction is that an asset that sells from $ 69.000 to here may not find a buyer here, the reason is $ 4.100. It's only...
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...
Its easy to make money with these specific prices. These prices act as supports and resistances.
btcusdt making a bullish cypher pattern. The key demand zone is marked which could be the potential reversal zone. 1% risk follow me for more updates