we now definitely test the Anchored VWAP and the support at 50 with the rising 200d MA
- Two critical support zones correspond with the 0.382 and 0.618 Fibonacci retracement levels of the entire swing from A to B, enhancing the significance of these support levels. - After two months of ranging, the price finally broke below the critical support zone as volume spiked, confirming the breakout and leading to a significant drop. - If the price does...
Seems like Bitcoin isn't quite ready to go down, despite going down. A potential long in the short term. I believe 72k will be hit. If I am wrong, it's not the end of the world to short the LPSY as per previous chart (the bounce after the breakdown):
wheen we look on the weekly CHART ... WE CAN SEE that nice candle with long tail.... end we can see good reactions from the buyer's on the daily chat ... I think btc ll move to this levels in this days... down to :61840 up until:72470 ===================== good luck
This Wyckoff topping/distribution pattern seems to be playing out. If it continues to play out I will ladder shorts until the 43k target gets hit. 43k is a key order block level. 50k may hold, but it's not likely due to everyone calling it the low.
depending on THE daily and 4hours CHART ..... the price ll go down. MORE until 58000 then ll make strong up until 64300 again... good luck ....
BTCUSD is clearing its way for bullish to reach $73000.00. BITSTAMP:BTCUSD BTCUSD is expected to reach $73000.00 as per the technical analysis for BTCUSD Futures Contract (May 2024) and Bitcoin (BITSTAMP:BTCUSD) as of May 1, 2024. The analysis uses indicators such as Moving Averages, Oscillators, and Pivots. Key indicators include Relative Strength Index...
Hello Traders, Base on technical and wave analysis we see this scenario for #BitCoin for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Base on Wave...
Morning guys, So it seems we've correctly reversed our position down from 62K area. Today we increase the scale a bit and take a look at daily chart. Indeed BTC has broken triangle down as we've suggested. But it is more important that it also has broken K-support level and only oversold stops the downside continuation. This makes us to consider next downside...
This is a very simple observation analysis. If you'd like to read a more in depth and back dated analysis on why BTC might make a big drop, see the two posts below. Here's the simple observation. One anyone can make. In all instances we can see in the last 10 years of BTC trading, when there's been a big bearish engulfing candle at the top of a parabolic...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Since yesterday this afternoon Without asking, there was another drop. Tonight at 11 o'clock on Nasdaq, the FOMC US...
Bitcoin news at the bottom's don't change. Bitcoin news at the top's don't change. Bitcoin news at the middle does not change. 2017 people started to make plans for the 2018 bull market. 2020 people started to make plans for the 2021 bull market. 2024 people have started to make plans for the 2025 bull market. So we can learn from human psychology that...
The last 2 days are very negative for Bitcoin. The market is currently trading around 57000. Here are the important key levels to watch. Resistance 1: 59200 - 61300 area Resistance 2: 66850 - 69100 area Resistance 3: 71600 - 73800 area Support 1: 52200 - 53000 area Support 2: 50500 - 50700 area Support 3: 46900 - 49100 area If the market closes below the...
Bitcoin has respected its bull flag and is back above the red channel. Check out the zoomed out version of this chart below.
This is my analysis for BTC, i can see it coming a bit lower then retracing to fill IMB then coming back down possibly.
➖ Bitcoin produced a new All-Time High followed by a rounded top pattern. ➖ Bitcoin is now moving within a lower high compared to the newly established ATH. Any trading below the ATH —such as is happening now— can be considered a SHORT opportunity. The stop-loss can be set above the ATH. Below the full numbers... _____ SHORT BTCUSDT Leverage: 8X Buy-in:...
Three previous Bitcoin halving events have seen a considerable decline in BTC price prior to the event and a surge in the asset’s price in the months and weeks following the mining reward halving. The Higher The Better to SELL Bitcoins: PowerCrash to 24kK34K,even deeper to 8K potentially preparing. Bitcoin’s current rally is driven by institutional capital...
Update for 📉BITCOIN We have observed a clear bearish breakout below a support level on the daily chart. There is a significant bearish sentiment in the market, indicating a high likelihood of further downward movement. It is expected that the price will continue to decline, potentially reaching the support level at 52500.