Hello !! Welcome to the quick update of BTCUSDT. It is currently trading around $ 21400. With the last low of 17600, it bounced pretty well all the way until 21600 thereby hitting the immediate resistance. As of now, it is trying to retest the 19k mark but failing to do so and regaining the 21k mark. As per the charts, it is evident that the price can take a...
Hello !! Welcome to the quick update of BTCUSDT. After breaking the initial support of 28300, BTC took a deep dump. It tried to sustain at the 26k level but eventually fell off making a new low of 20100, which is down almost 70% from ATH. It took a pump from 20100 and is currently trading around 22K. In order for us to be bullish again, it needs to break the...
Hello !! Welcome to the quick update of BTCUSDT. As of now, we saw that BTC pumped until 30600 all the way from 26700 thereby pumping the altcoins. In my opinion, we are still very uncertain as this might end up being a trap for everyone. I suggest everyone wait until it breaks 32000 and then we might see some bullish momentum. As of now, 32000 seems to be the...
HELLO !! Welcome to the quick update of BTCUSDT. in the last few days, we saw BTC dumped badly after it broke the immediate support of 33000 and 31000. As of now, it is trading at around 27600 and is down by almost 19% from last week. As of now, it needs to push the price above 29200 in order to move up in the weekly timeframe. If the weekly close is below...
Hello !! Welcome to the quick update of BTCUSDT. As I said in my last chart: BTC could dump more and may take a bounce from either 35000 or 33000 as it broke down the long term bear flag. As seen in the last 12 hours, BTC was unable to hold the 35800 mark and broke down the 1st level of support i.e. 35000, touched 34200, and is currently trading around 34600...
Hello, Welcome to the quick update of BTCUSDT. As stated in my last update, I think we are still not bullish on BTC as it has a number of resistance that it needs to break before hitting 48000. BTC managed to touch 40000, bringing a rally in altcoins. Unfortunately, It couldn't hold the 40000 level and it dumped badly and the altcoins also took a major...
Hello !! Welcome to the quick update of BTCUSDT. From a long time, it was trading between 37200 and 39300. We saw a pump from 37200 until 40000. BTC suddenly took a dump until 37000 again breaking the bear flag downwards. Unfortunately, BTC was unable to hold the 37000 level and it broke the initial support. As of now, BTC is tarding at around 35800 and I think...
Hello !! Welcome to the quick update of BTCUSDT. As posted in my last chart, BTC was taking major support from 39200 again and again and was making a move until 40000. But, the move didn't sustain and there were very less buyers at the 39300 level. After taking multiple support from 39300, it eventually broke it and went all the way until 38620. As of now, the...
Neutral right now on the pair while we may get some ups and downs. If we keep seeing rejection from going up, we might say reversal is in place. Wait for confirmation first.
Hello. We go a nice Little, flag here, we just need to wait for some conform, and break above. OR, we got a H&S, inverted, on here. We also got a nice head and shoulder formation on the Daily time frame. Let's wait and see where it will go.
WIll we se a Cypher pattern? Need to wait for the conformation. "1D"