price currently on support 48k, if able to hold we might see price testing 50K level again.
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...
Likely crash completely and go away forever..
Looks like Bitcoin is forming a Head and shoulders pattern. If bitcoin won't make a new ATH in the next days it might loose its momentum and bears will dictate its direction to the south +++++++++++++++++++++++ this is not a trading advice +++++++++++++++++++++++
Hello, 1. Elliot wave retracement for wave 2 is at the green pocket at previous resistance which will be tested as support. 2. CME GAP AT 60K levels. 3. same fractals from historical price movement. 4. Harmonic Cypher pattern will throw the price to 60k levels back again. 5. Volume is missing on this breakout. possibly bulls waiting for a retest, 6. RSI Is...
Hello Dear Traders, In last Post i discussed about triangle breakout upside bt triangle broke downside and we seen massive sell off. when the news came tht ,"US President Joe Biden said to propose almost doubling the capital gains tax for the wealthy". this news triggered panic selling on U.S Stock market as well as crypto market. BTC tested 48500$ area, which...
Hey guys, Looking to short BTCUSD, sell signal on 3D. Looks like bears have stepped in. btcriddles
BTC Going Upside like a Crazy , we can see upside move continue as well as i forecast.. We Can see BTC Hit 70k Level as per Fib Level 1.618 Thankyou
Hey everyone At the picture you can see the descending channel of BTC that I'm sure it's accurate. We got many of supports but most of them are not as strong as we need. So we got three support key here which one of them is a very strong static support at 38K and two of them are fan fibonachi level. So the first support that BTC may come back from there is 44K...
As you see bitcoin is moving inside an ascending triangle. If BTUSDT chart can break top of the tringle the price may go up to 52_54000$ and if the price break the bottom of tringle it may drop to 46_42000$ so got an eye on the chart and sell/buy at good prices Good luck
BTC dropped 9% scaring bulls for a second, but really, this was a reminder that the market goes both ways and the greed we have seen lately had to be punished. However, should we be concerned? Not at the moment. We have quickly found support at $44k and now we are bouncing off this support line. You should become concerned if we fall under 44k, don't recover and...
previous resistance now turned support if the price does not break the structure I expect a nice move to the upside
The opposite scenario for the triangle breakout linked. A breakdown could potentially lead to the Fibo golden pocket.