1/ Bitcoin price is failing to hold up. 2/ As a result, the recent rally is getting undone. 3/ Expecting a bounce from the demand zone ($34,592 to $35,744) 4/ Or in some cases a double bottom at $34,750, which is the confluence of the demand zone and the buy zone ($33,156 to $34,915). 5/ The first target would be the range high at $41,322; then BTC might target...
BTCUSD is looking good as per Level Marked on the Charts. CMP 34500 Support is around 28500, target 41000 but with Trailing SL (Target Doesn't means that hold the trade till target)
BTC continues to be trapped in the ongoing tussle between bulls and bears. Even after its recent breakdown to make a recent low of 28.8K, bulls showed an impressive buying strength from that level to close the last weekly candle at $34.7K, it recovered ~20% from this low. It formed an indecisive candle with a long lower wick that shows strong accumulation in the...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (33600). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
BTCUSDT Bitcoin technical analysis update H1 If you liked our ideas, please support us with your likes 👍 and comments.
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...BTC does exactly what I said in the last few weeks ... range in the green rectangle and I will continue to play in this rectangle until the...
This is literally the question most often asked in the comments section when I share any bullish article on Bitcoin... But what about the death cross? A death cross happens when MA50 crosses bearish the MA100 line, here marked as Blue and Red respectively: The death cross is a bearish signal. When we do chart analysis, we do not take signals independently but...
PATTERN WILL FOLLOW. BUY NEAR SUPPORT FOR SOME 400-500 DOLLARS GAIN
Looks like finally it's time for BTC to show some good move. MA's also looking good. Currently at $34600
Hello guys i had find this setup in 30m timeframe which is made inverted head and shoulder pattern and also buildup and broken trendline and also which indicate bullish we can get quick 1:2 RR with below sl also do your own analysis before taking any trade if you like my analysis plzz like share and follow thank you
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (32380). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Enjoy the Full Moon... Bitcoin We have multiple signals to look at on the Bitcoin Weekly timeframe. Let's get started right away... Bitcoin Drops ~55% First, we have a 55.93% drop from the All-Time High hit mid-April to the recent low hit yesterday, 22-June. See here the chart: This signal alone calls for a "bounce". A bounce means prices jumping back up...
Some supports and resistance on BTC .31400-500 looks like an important support, if this breaks on closing basis then we may expect some major downside movement.
Death cross has never been a major factor for Bitcoin. There have been multiple occasions when BTCUSD has rallied strongly following a death cross. Being a lagging indicator, it's more useful in legacy markets where there isn't as much volatility. The most recent death cross was in March 2020. BTC surged 100% 2 months later and 1100% a year later. Inverted H&S...
It is reversed and moving higher in coming days. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
BTC breakout possible downward area low of 28-30k again retest possible. Chart Courtesy: 10xBulls
Crossing 33500 will be resulting 36000 in no time, are bulls back in the game ??? lets see. PS: I have opened a short selling trade in BTC near this crucial point for 1-2k move, strict stoploss. Chart Courtesy: 10xBulls
Bear phase crucial landmark for crypto markets, history will be made today, are we going up finally or this bounce back will be eroded later on ? Chart Coutesy: 10xBulls