Hi traders!, I hope your stop losses are placed! BTC seems to have hit a resistance @ 43.5k. Bearish double top has formed with a bearish RSI div and we have no confirmations if the upward trend will continue. We may also see it form another bullish inverse head and shoulder once it hits the bottom rising wedge trendline. Somewhere around 42.2k Set your S/L once...
#BTCUSD Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it: Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 34648 Next Zone area &...
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 mentioned in my previous BTC chart that BTC will bounce from the $36500...
If you followed my bitcoin analysis string, I marked this point to start a correction and it achieved its goal correctly, and now we will have a correctional trend of this bearish wave, which will be a three-wave "abc". Therefore, it can be said that the wave "a" can be up to 48,500 and at the end the wave "c" can be up to 56,600. And then we will continue to reform.
As mentioned before, Im just a day trader sharing my ideas, please DO NOT take them as financial advice, always do your own research. As seen in my previous ideas, BTC was stuck in a range (46k-48k) for over a month, and it failed to breach the 48k resistance multiple times. The 200ema (In the 1hr chart) was pushing its celing lower and lower and it slowly...
We finally breakout the downtrend and now we are clearly in an uptrend but are we going to create a handle here to form a cup and handle pattern? or are we going to retest the broken trend before continue in an upside direction? anything could happen but for sure we are in a clear uptrend now.
Hello everyone, Here's the update for Bitcoin in H1 timeframe, You can see the details in the chart, If you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates. 📣 Attention 📣 ⚠️ 1. We publish this trading idea to help analysts, so if you...
Hello To All (traders & investors) we can see that BTC has failed in 1st attempt to break the trend line up but it gone a test it again, if it can't break it above (possibility 25%) it might go dawn to nearest support (which is about 60k) for a while before continue going up There is no certainly in trading ,only probabilities TRADE SAFE
Hello To All Btc range in ascending chanell for a while and we see bullish divergence as long as it keep supports + strong volume that going higher = i''m still bullish on btc it must have a retracement before continue ... have a nice trade
i think BTC continue going up after little rest more explanations on the chart GOOD TRADE TO ALL
Hello To Every One As we can see there is a bearish divergence in RSI and we got lack of volume too also Moving Average Cross Happened and we see MACD lines cross too no one can sure of what's BTC next move is but i think BTC more likely goes dawn before touch 50k Nice Trade to all
Hello Friends I Have No Doubt /Btc Created Head & Shoulders in Weekly Chart.. Be Careful About Your Position & Your Assets
Hello My Dear Friends As you can see Golden Cross Appeared on BTC 4H Chart But 46.2k act as new resistance for btc for going higher 4h candle stick must close above this area or we can go dawn on more time what's your idea??? let me know & good trade to all
Hello Friends Since one bitcoin is worth more than 40 thousand dollars, the price ranges are obviously bigger. For other smaller coins you know when it's the best support zone and trade with more confidence. But here we are looking at coin with a support range of 14 thousand dollars. Now daily traders know what they're doing but those who want to buy and hold...
wxy correction w = an ordinary zig zag x = as same as w but smaller y = flat pattern ( running - ordinary or expending we'll see) not suggesting open short position or if you want , open with low leverage
btc farming abcd pattren i just share with supply n demand concept
Hi BTC is in a downward channel as it kept rejecting the Demand zone and major resistane level at 40k Now it will likely be down to 33k and test this key support level again, the 1 hour is looking bullish so BTC would go backup to test 40k before possibly turning bullish However there is the possibility that the 1 hour could turn bearish and BTC could reject...