#BTC has multiple supports at around 22500. 1. Ichimoku clound on daily TF 2. 50 DMA on daily TF 3. Trendline support 4. Horizontal line support Breaching 22500 on daily TF will open the floodgates on the downside. Till then this level can be safely considered to be SL for long position.
Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 20. I will check the movement after writing the...
Weekly Time Frame: As per the chart, Bitcoin has entered the Support zone of 150 Moving average levels and It also shows s positive sign at the 150 MA level. That's a clear sign of a bull move, but still, we need volume confirmation. Current Chart Structure: Falling Wedge Pattern ( Bullish Reversal Pattern) Bitcoin Level based on the Falling Wedge Pattern Buy...
Fundamental Development:- Bitcoin (BTC) Recovers, But For How Long? Bitcoin (BTC) regained its price level not seen since the middle of June. The dominant crypto climbed to $24,195 on Wednesday, marking over 5% growth during the past 24 hours and a 20% increase over the past 7 days in total.Various indicators show optimistic crypto market recovery signs, but...
$BTC $23,713 broke and $24,129 resisted the climb as expected, $22,759 support being tested. 1D close from yesterday closed bearish with bearish pin bar, $21,791 support could come in effect. Continue watching given support and resistance area.
Fundamental Development:- Crypto newcomers who bought into the leading cryptocurrency by market cap, Bitcoin (BTC), are mainly underwater According to the CEO of Crypto Quant, Ki Young Ju, BTC newcomers that joined in early 2021 are still underwater. He added that they make up 75% of the total realized market cap. The crypto market tracker website,...
$BTC YES!!! $22,750 broke with good strength, currently retesting $23,713, last 4H close very bullish and daily close also good. Next resistance will be $24,129. Potential to break $23,713, continue watching given support and resistance areas.
Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 19. I will check the movement after writing the...
Hello Traders, After scary fall in crypto market, its time to shine again. we seen 1 month strong accumulation in btc, finally btc making higher highs and today we witnessed strong breakout frm recent weekly highs. its not time to become strong bullish on the market and say bull run is coming bt atleast we can conclude tht in 6 months market will be bullish. first...
Fundamental Development:- Marathon inks new arrangements to achieve 2023 hash rate target Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per second (EH/s) to the Bitcoin network.Marathon revealed in a July 18 announcement that data center operator Applied...
$BTC Hhahaha told you! 😂😂😂😂 $22,750 tested, gave you the target at $21,299 retest. $22,750 resisted as expected, $21,791 support in effect. Put bullish engulfing on 1D close yesterday, today's close will determine if there's potential to really breakout from $22,750
Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 18. We will check the movement after writing the...
Bitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside. Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is...
Fundamental Development:- Binance Coin’s (BNB) daily transaction volume has dropped by 58.2% as of July 11.Daily transaction volume for ETH and SOL has dropped 13.7% and 18.1%.BNB’s price seems the most resilient in this bear market.According to a report released from CoinMarketCap Alexandria, Binance Coin’s (BNB) daily transaction volume has dropped by 58.2%...
$BTC WOW $21,299 being retested right now, last fakeout resisted at $21,791. $20,812 support in effect as usual, last 4H close bullish. Today's 1D close will put bullish engulfing if closed above $21,200. 1W close with bullish pin bar, if played out $22,750 will be tested
Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 15. This is the move since Bitcoin's last comment. I...
BTCUSDT- Perpetual - Binance - 1 Hour Chat BINANCE:BTCUSDT Good 3 Drive Swing pattern is unfolding which may result in sell off to the potential targets given on chart . Not a recomendation to Buy/Sell :) Also check related idea below for my last BTC analysis . Do "Like" if you feel good at my attempt :) Thanks for reading, Chintamani.
This is merely a trend analysis post. ETH has broken out of a range and is edging higher. Till now, we have been selling at the range top and buying at the range bottom. As there is a change in the market structure from range to uptrend, we can draw an upward moving channel as a guide to initiate high probability trades. If the channel continues to hold,...