I think there is no chance to see 50k before 2024 a rally can go to 47-48 but we have a supply area there.
Bitcoin has had a nice rally to the upper zones, for which we have been waiting for some time now. As the price approaches our major target, we are getting ready to short BTC (most likely DCA). Our point of interest is also the FWB:48K zone, which can be taken as a quick liquidity movement, but the major target for us still remains the unclaimed $34K zone and...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
As suggested in my last idea, COINBASE:BTCUSD wasn't able to pass 45K and had a small correction towards 40K. Bullish : If BTC manages to stay above 40K and claim it as support, we could see another rally towards 48K. (Somewhat) Bearish : If BTC drops (and closes) below 40K, the correction will go deeper to retest 38K as support.
Morning folks, So, our bullish setup has worked properly, market has completed intraday XOP around 43K area. We suggest that in perspective of 1-2 weeks BTC has good chances to proceed higher and challenge local top. But for now, as we're coming to long holidays and we have "222" Sell in place on daily chart, we suggest retracement, at least to 42.70-42.75K...
After multiple tests of 41100, and managing to flip 43500 into support, just above the value area high should this support hold we could be in for a nice surprise even just for the short term with a price of 47-48k providing interesting targets. Not Financial advice.
CRYPTOCAP:BTC #BTC Beautiful break of triangle here, $43,868 resisting, Previous 4H close looks fine, Bullish engulfing on previous 1D close as expected, RSI on 4h and 1d looking great. $44,174 resisted yesterday. $43,145 support looks good, needs to follow up on bullish engulfing.
Hi every one ➡️BTC has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which BTC is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement...
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. There will be a Nasdaq indicator announcement at 12 o'clock tonight. In the past few days, there has been a decline...
Hello traders, BTC failed to break above the $44k once again. Does it mean there's no hope for a breakout? Well, to answer that let us dive deeper into this analysis. - The $44k has become a strong sentiment for BTC; somehow, it fails to break and close above this resistance again. - If a rejection is repeated then $40.5k to $40.8k will once again be a strong...
BTC seems to be pushing up out of the triangle formation and the fist target is the measured move of the triangle. Watch for sustained volume to come in as we are at a high volume node. Not financial advice.
Hello Traders, I noticed BTC has not showed any signs of exhaustion or reversal in fact we can see overall volume continues to increase. Based on the Elliot Wave theory. We can see that there is a likely continuation higher to tag our 3 Month resistance level. There is also confluence from our fibbonaci for traders who prefer that perspective. As we can see on...
I've been looking at this pattern for a while now, waiting to see if price would get to this point. It has. There is a Bearish Deep Crab and Bat on High time frames on BTC. Oscillators in conjunction with these patterns are a sign of a reversal soon. With the Fed meetings next week, this seems all too well timed. Be prepared. Thank you for viewing.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- The daily chart reveals a general uptrend, moving from a low of 15,479 to a high of 44,729. This progression, marked by a strong recovery post a significant drop, underpins a bullish sentiment. The recent pullback from the peak suggests a consolidation phase and the stable volume...
It is oscillating from above and below, and to reach that upper range, this red box must be broken and stabilized. At the moment, we have a small support in the green box, and I am waiting to see if it is supported to defeat the red box or if it wants to collect cash again.
Bitcoin has been on a tear, we see a standard flag pattern on that weekly chart and a double top on the daily. I'm seeing BTC back to 37756 and around there, as the next major zone; once resistance, turned support once it gets back down there. Look at the weekly RSI! It is literally sky high. Looking forward to seeing that drop back to oversold levels on the long...
—A Quick Analysis for a Memorable Christmas Rally In the fast-paced world of cryptocurrency, breaking news often arrives quicker than the giant whales themselves. As the year draws to a close, all eyes are on Bitcoin's soaring trajectory, with a tantalizing 50K milestone seemingly within reach. A swift analysis, guided by professional trader insights, unveils a...