Background: 1. Since February 2023, Bitcoin has been trading in a range. The range high is 73.8K, and the range low is 59.6 K. 2. In real time, It is difficult to determine whether the schematic in play is a reaccumulation or a distribution schematic. To answer this question conclusively, we must wait for the breakdown below or the breakout above the range. ...
No trading plan for now and will upload as soon as a possible position entry point appears. Nobody knows what will happen in the market but I am expecting this scenario because this probability is the biggest.
This is a small time frame update with the possibility we are going to see BTC soon to $68 BTC should hold the 61K level with confirmation. For day traders , BTC can change more times per day per time frame up and down. This update is more for trend choice trend. This update is a trend view and finance advice.
Bitcoin Is Forming A New Low And Rising. I don't know the peak of that rise, but I'm going to prepare because I see an attractive SHORT position from a short-term perspective. The rationale is ELLIOTT WAVES and HARMONIC. If it goes according to this idea, I will solve it step by step and explain how I predicted the trend. Bitcoin's volatility has become...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price broke the 71000 resistance level, which coincided with the resistance zone, and started to trades inside consolidation. In range, the price in a short time declined to the 62600 support level, which coincided with the support zone, and even later made a fake...
Bear continuation play. We have broken with a counter trend model 1, can we get a deep retracement for more bearish follow-through ? Follow for more
After a massive gain looks like Bitcoin can do some retracing - Had made 3 high touches but did not break - Had made 3 low touches but did not break - Lower High in the range SELL now to go down to Support for 5% , then holding to 52000 Consider BUY @ 52000 for a quick gain +14%
There are a lot of factors that made me to be strongly bullish to the upside from now #1 The technicals : The higher timeframe is still bullish. The monthly timeframe is bullish. There is also a Monthly FVG that price reacted from and the SMT that was made with Ethereum and was also validated by the break to the upside #2 The upcoming Halving : By simple logic...
No plan for today. I am still holding the short and will switch to a long if a long entry appears. My viewpoint on HTF is still long until the current low $59,650 level gets broken.
Hi. COINBASE:BTCUSD Today, I want to analyze BTC for you in a 1D time frame so that we can have a mid-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Bullish pennant is on the table on Daily timeframe🔍 Looking for a break out and more upside📈 ✅ Due to the Ascending...
Bitcoin's price has descended from a consolidating range and has breached the four-hour structure. This suggests a potential formation of a lower high, paving the way for a probable downturn towards a lower low.
🧠Graphically, we started a decline after breaking below the lower edge of the rising wedge. ➡️From a structural point of view, we started to fall after building a double top structure near the resistance zone. At present, the goal of this structure has been achieved, and there is an expectation of rebound.📈 ➡️From the perspective of wave theory, we have...
War news didnt matter, sell offs didnt matter, halving here I am only taking longs.
BTC USDT made an rsi divergence on two lower lows and break past last lower high on 1 hour timeframe. buying at market with sl and tp mentioned
BINANCE:BTCUSDT.P BTC is Bullish Divergence TG (Avg). is 67,877$ - 70,000$ Fibo
(Click the photo to go to the link:) You can watch it in connection with this idea. Investment volume, risk management, and investment decisions are your own, so please use them for reference. I hope you have a good result. Good luck.