Liquidation again at USD 34,500 before bitcoin's astronomical increase would be a realistic approach. Liquidation of large amounts of long positions is required before this increase. I think this return will occur with a reverse SHS formation. It is necessary to see the big picture. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent...
Bitcoin Consolidated b/w 55k-62k, now trading above 65k. BTC next trading range would be 62k-73k. Bitcoin can be bought here @65.1k with SL 62k and target would be 68k, 71k, 73k and 77k.
HELLO TRADERS. As you already know those who followed my previous post about Bitcoin remember that I said if it breaks 63440 to the upside a Bullish trend might start, well thanks to the news events here it is. On 4HR chart given in this one you can see price has broken the bearish trendline along with 1st Daily Horizontal Support that I marked and is being...
#Bitcoin Elliott Wave Count Analysis Intermediate Degree: ▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart. ▪️Target: $48,000 - $44,000. Primary Degree: ▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress. ▪️Target: $58,000 - $61,000. Cycle Degree: ▪️At the cycle degree, wave ((ii)) down of an...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
As you can see on this chart price is consolidating on 4H timeframe also making LH's and LL 's confirming the trendline. If BTC breaks below daily 200 EMA continuing LH's and LL's then following the downtrend we can go short on BTC unless Liquidity Grab happens below 200 EMA DISCLAIMER :- THIS POST IS MEANT FOR EDUCATIONAL PURPOSES ONLY, NOT FOR INVESTMENT OR...
Bitcoin Update on 15.05.2024 A.O.A And Good Morning To All Brother and Sisters! Today Is Important Day. CPI number Day. And Bring a Lot Of Volatility. And Maybe The Right Day To Complete our Retracement. Take In Mind All Arrows. These are The Main Resistance and Supports. Retracement Level On Weekly TF is 54613. If We Touch This Level then We Have Finally The...
In the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of...
📈 Technical analysis BTC/USDT During the corrective movement, the price of Bitcoin reached all three targets from our previous review: the Imbalance 4H zone, the Imbalance 1D zone, and the support level of 57,000. The recent downward wave in the price of BTC was driven by the reluctance of the US Federal Reserve to lower the key interest rate and the outflow of...
Bitcoin BTC large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Hello by seeing the support and resistance I can guess the market will downfall after reaching to 65k-68k lets check how the things will
It looks like, BTC will continue the bullish trend. Triangle pattern is already broken. People can follow the given targets.
BTC/USDT Urgent Analysis ➡️ Current Situation: BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL). ➡️ Bearish Scenario: There’s a possibility that BTC may retest the $57,000 range. ➡️ Key Levels to Watch: - $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K. - $65,540: Place your stop loss...
The weekly close for BINANCE:BTCUSDT was very bullish, with March low and liquidation levels already taken. There is strong buying interest below 60k, so we are anticipating a dump to FVG before a pump to 68k. However, it is unlikely for Bitcoin to see a direct surge to a new ATH, instead, there could be a period of consolidation between 68k and 62k.
CRYPTOCAP:BTC Urgent Chart Update - #Bitcoin Rejected from HH/TL. - We Already Profit in BTC/USDT Short Positions - $57000 Possible Scenario Key Levels to Watch: $64,000: Critical! Above this, a path to $100k opens. $65,540: Ideal stop loss for short positions. $57,000: Breaking $57k Mean #BTC could drop to $50k Stay alert and manage your positions carefully!
A.O.A and Good Morning to All Brothers and Sisters! Bitcoin Continue Downtrend for Retracement. Yesterday Candle Closed under First Reversal Point(Arrow#5). My Theory remain On same Point. P Wave(Arrow#3&6) is Still Valid. And I Wait Breakout of These Level to Know the Direction of Trend. Yesterday Candle Is Closed Under The Level of Three days Movement. And If...
Epic Weekly Close for Bitcoin! BTC is gearing up for a massive run If BTC holds above $56,570, we could see an impressive rally soon! Keep an eye on the charts as history suggests sustained breakouts lead to significant gains. #BTC #Bitcoin #Crypto #CryptoAnalysis
Why "V" Shape Happened Last week in #Bitcoin ? High Risk-to-Reward Reversal Trades - Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards. - Liquidation Levels: Massive...