This is a great example of how important it is to always extend your trendlines, even if you think it looks silly and it wont be relevant later on, we actually reacted on the thick red line, and reclaimed back inside of the red dashed line, and now we are breaking down from the red dashed line again, but we have formed a little falling wedge pattern which shows...
➡️When we were initially strongly bearish, it was because there was an obvious short structure. However, because our short defense point was broken, the short structure was destroyed. The destruction of the short structure does not mean that it will continue to rise. We It is also possible to form a new short structure or continue to consolidate, because we are in...
we caught am impressive long trade at BTCUSD, As market is still in the long term trade, wait for the price to come to the demand zone to enter long.
Happy Trading
Keep monitoring your positions as BTC is trading sideway.
The up trend is still strong and this is a good time to accumulate other position - pick the ones that are at the start of clear uptrend like GALA, FTM, NEAR, etc.
BTC need to break 37k to bring up the whole market
If the range of 36100 units is broken downwards and the price stabilizes below it, the price may fall to the range of 35600 units, and in case of strength, the range of 35000 units
Otherwise, the possibility of price increase up to the range of 37300 units
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Bitcoin pumped 145,41% ?
Depending on the exchange
2700 was the low
&
138,000 was the top
Other news
Red rocket volcano
Some Flu
Some war (not news)
what's next? something new?
RSI On weekly is @ overbought zone
see that asu you like
Price action is Higher highs and higher lows
That last liquidity sweep to the upside was pretty cool (Y)
Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
As you can see on the weekly chart we have a divergence and a classic bear flag. BB are tight on 1d so I expect
volatility and rejection of 200 ma on 1W.A strong fall like what happened cannot end easily. I expect a dip in the region of 14000 - 10000.
Bitcoin, the world's first and most prominent cryptocurrency, has sparked a revolution in the financial landscape, challenging conventional notions of money and paving the way for a decentralized digital economy. Its potential to transform the future of money is undeniable, but its journey towards widespread adoption is still in its early stages.
Decentralized...
In this chart, I use price action analysis to show a bullish trend and a demand zone on BTCUSDT. I use the blue and pink shaded areas to indicate the price target and stop loss levels, respectively.
The trend is bullish because the price is making higher highs and higher lows, indicating that the buyers are in control. The demand zone is around 35700, which is a...
The probability of the bull market continuation is evident in the chart with higher highs and higher lows. The path to all time highs isn’t always clear and the demand for a COVID esque capitulation grows but I believe it is possible that we may go higher before we go lower.
Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We...
bitcoin is inside a rising expanding triangle and after multiple rejection from the higher trendline I believe it's going to break from below and head towards 33400.
Hello TradingView Family / Fellow Traders,
📈 BTC has been generally bullish from a medium-term perspective , trading within the ascending broadening wedge outlined in red.
Currently, BTC is positioned near the upper boundary of the wedge ; thus, we can anticipate a correction if the last minor low highlighted in green is breached downward.
📉 If the green low...
Hello 🐋
based on the chart and as I mentioned in my previous analysis the price is creating the new parallel channel in this time frame and it is in the ascending channel 📚✔
so
the price need some rest here so we can expect some range candlesticks in this area ✔📚💡
next target:
more gain to the upside, at least close to 38k, it is our main target 🚀
Please, feel...
In my opinion we can see the big guys left their footrpints in shape of secondry test which plays a major roll in Wyckoff Accumulation Method
I am not sure yet because of there are diffrent typs of Wyckoff Accumulation and Distribution so cant ruled it out which one is going to playout but the best method is wait and watch either we could find support at 15500$...
