Hi. COINEX:BTCUSDT ✅Today, I want to analyze BTC for you in a 9h time frame so that we can have a short-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ✨After the fifth bullish wave, BITCOIN has completed his corrective waves (ABC) and now he has reached the Bottom...
Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis. Welcome to this BTC update! BTC looks good here. BTC recently broke out of a bull flag pattern on the daily timeframe and has held above it so far. This could be a sign of continued bullish momentum. After this successful retest, expecting...
The TA is showing a possibility of Bitcoin tapping this ultra low. See my previous posts for explanation and a deeper dive.
Hello Traders! Here’s a quick update on Bitcoin’s price action: Bitcoin broke out of its descending trendline last Wednesday, also confirmed by the RSI. A head and shoulders pattern has formed, indicating a potential trend reversal. Bitcoin faces strong resistance at $67,000. Breaking this level could signal a continued bullish trend. The key support is the...
Some very interesting developments are brewing up in BTC. My followers know that I have been bearish on BTC despite its recent flare-ups. The count is slowly revealing itself. Now I have two scenarios, the red one advocating a strong selll-off very soon. The red has two variations: i) almost immediate sell-off after completing a narrow diagonal, and ii) the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago rebounded from the mirror line and made a strong upward impulse to the current support level, which coincided with the support level, thereby breaking the 60300 support level also. After this, the price started to trades inside the...
Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one....
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
The general trend is upward, but according to the structure of a TB position
After breaking the descending trend line, the RSI now holds above its former resistance-turned-support. 100EMA is working as support. However, the MACD indicates flatlining momentum with no clear direction. Despite nearing a bearish crossover, we lack momentum for significant short-term movement. Expect subdued price action or sideways movement due to this lack of...
For the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions 🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and...
Hello everyone, here's my take on Bitcoin at the start of the week. Since the beginning of the month, BTC seems to be on the rise again (+20% since May 1). This Sunday, we recovered a large pocket of liquidity at $67250. I'm a buyer of Bitcoin. A very interesting buying zone is located at $62840! ✅ OTE ✅ Order Block in H4 So I'm going to focus on buying...
BINANCE:BTCUSDT 4H Analysis NOT FINANCIAL ADVICE TL;DR BTC continues moving downwards towards the 60k mark. A bounce there would validate the IH&S pattern and open the way for a W3 to 71k. We have a lot of confluence: On top of being the right shoulder of the IH&S pattern, a retrace to 60k would be 0.618 fib of the last leg up We are seeing some...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (Futures) (h1) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 69500.0 ⭕️SL @ 67900.0 🔵TP1 @ 74500.0 🔵TP2 @ 77000.0 🔵TP3 @ 80000.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Bitcoin (BTC) currently presents two possible scenarios, each with unique potential outcomes. Here, we'll explore both without assigning specific probabilities to avoid bias. Scenario A: The Bearish Outlook 📉 In this scenario, Bitcoin is forming lower highs and lows within a small cycle. A descending channel could also be drawn if desired. For this scenario to...
Before the end of 2024 we will reach a new ATH @ around 110k. The next months we will rocket!
IF the trend will continue this could be an area of opportunity. we will have to see how the coming week behaves.