BITCOIN Key levels | BTC | XBT | btcusdt | btcusd Monthly opening above the bluezone will keep btc in uptrend opening below the blue zone will push to test next support levels
It’s possible that we drop to the lowest target of around $10,000 - this is the bottom of this bearish trend line shown in the chart. Stay on the side of open mindedness as we enter the weekend on BTC.
Bitcoin low might be in.. that mean good for alts, let’s see
BTC hitting the zone as we have mentioned in the last post, for further price action we will try to record a video. Stay tuned
Here i have shared my views for bitcoin bullrun plan for next 6 months.
The price entered the crystalline area with little support, just closing below 60,000, and the channel considered it to activate the decline. Wait for it at 56,000, and most importantly, 50,000 at a reversal angle of 270 and an average of 200 today. The drop will fail to return to the channel if it breaks it with a strong volume, a very important condition That's...
Based on the technical analysis of the Bitcoin chart, we observe that the impulse beginning on January 23rd reached the minimum correction level of a 0.382 Fibonacci retracement on April 13th. This movement has initiated the formation of what appears to be a bullish flag pattern. The impulse range is approximately $35,000, and with the flag's bottom line currently...
_ Analysis Update by World Forex Traders_ 🚨 As of the current price of 63,625.69, my analysis indicates a potential bearish trend 📉. I'm maintaining my short position, targeting a price below 60,000 💸. _Key Points:_ - Current price: 63,625.69 📊 - Target price: Below 60,000 ⬇️ - Sentiment: Bearish 🐻 - Recommendation: Short 📉 _Risk Management Notes:_ - Stop...
➡️From a structural point of view, we have had a good rebound after completing the goal of the double top structure, and there is also an expectation of a rebound after sweeping the liquidity pool. Therefore, there is an opportunity to build a head and shoulders structure near the buy zone and continue the upward trend. Note that this structure is established...
I've been in doom mode for quite a while now. But bear market rallies are the best :D Usually they are fast and aggressive. So here is a level of interest for me. I'll be watching it on LTFs for a trade decision.
I am honestly surprised that the price of Bitcoin could reach all the way into the 59k region, I had already concluded that there was an SMT that would take price higher, but that is what trading is all about, isn't it? Now, after the Sell-side liquidity of bitcoin would be purged, this would induce short sellers into the market, this won't last long as I expect...
Bitcoin touched a support level on the 1-hour timeframe but exhibited a very weak reaction to it. This lackluster response suggests that the support level may not hold, especially considering the prevailing bearish momentum
A probable strategy for corrections and impulsive moves of #bitcoin #btc in 2024. Not financial advice.
#BTC Bitcoin price is moving in an upward trend over a 2-day frame The highest price of Bitcoin reached $72,000 and the lowest price could reach $58,000. The price moves between them, corresponding to the halving date set for 3 weeks from It is expected that all models will be broken upward after the halving to see new levels of highs. Until that time, you...
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
This is a strong scenario right now and something we have all been wondering... How are you feeling today? With so many Altcoins now really strong but yet to complete their bullish cycle and Bitcoin ultra-bullish, it calls for additional growth many people say... I hope you are having a wonderful start to your week! ➖ Bitcoin is trading near resistance, at...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT chart) (USDC chart) It appears that a particularly large amount of funds are flowing into USDC. If the gap increase between USDT and USDC continues, the coin market is expected to continue...
RSI has once again given amazing signal. Clear bullish divergence for the entry. Confirmed hidden bearish divergence for the exit. Easy trade. Will we run it back with bullish divergence again here? We need to see a clear elbow up in RSI if we get the lower low on price. Regardless, this price action is disgusting and utterly avoidable.