BTC seems to go for long to take liquidity, Entry 63500 - 64000 Targets 67000, 70000, 73000 Stop 62500
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BTCUSD is looking for short after making ascending channel & has clear formation to the downside.
On Weekly Basis: BTC/USD completed its correction from 65500 to 16300 in its 3 Wave Down Correction. Previous top was made at 19000 in December, 2017 also a support level. Fibonacci 78.6% retracement from bottom 5300 to top 65500 ends at 16300, a support level. It took a support at 16300. It consolidated at 16300 till December, 2022 then started a fresh new Bull...
Unpopular opinion: I don't think BTC is going straight to new ATH. A good shakeout remains ahead. A combination of price and time capitulation. After great introspection, I believe that Bitcoin will range till September this year and will begin it's parabolic expansion in that month. Previous ATH should be tested in the month of Nov/Dec, if this...
Key Points: Bitcoin currently hovers around $40,900, sitting on the lower edge of a sideways trading channel. A confirmed channel break with strong volume could lead to a retest of $30,391 (previous breakout level). Wait for price action to consolidate and confirm support at $30,400 before considering long positions. Technical Analysis: The price...
OANDA:BTCUSD I think Bitcoin completed wave 4 triangle pattern and now is in wave 5. Target: 1) First Target : 40241.7 2) Second Target : 41670.3
Looking short on $BTCUSDT. Expecting a small bounce before a potential drop, as the bulls seem weak. Spot BTC ETF third deadline today, Probably won't get approved today. 35k soon. Lets see! Previous day: VAH: $37944 POC: $37591 VAL : $36287 Date: 17 Nov 2023
Bitcoin is looking for short after reaching at 37000 & has ascending channel fill in it on weekly timeframe.
BTCUSD after forming larger correction & has a probability to the upside. Expecting target to reach at 36000
BTCUSD is looking for short opportunity after forming correction & expecting target to reach at 24,000
On the $BTCUSDT chart, I have highlighted all significant supports and resistance levels. In my opinion, we may see $14000 - $12000 before the next bull run, which might be before a rally to $38000 or after $BTC reaches $38k and then drops to the $14000 - $12000 zone. In August, $Bitcoin might reach $14000 - $12000.You can DCA accordingly. Trade at your own...
BTCUSD is forming correction for the movement to the downside expecting to reach at 24800 in short term.
Bitcoin Is Moving Sideways. And BTC .D Decrease , So We Can See Pump In Alts Thanks, Follow Me On Tradingview
BTC bitcoin big cycle ABC wave, the green line is the trend line is the target position of C wave rise, the vertical line is the time period of arrival, three waves ABC, A wave rises, B wave falls, C wave soars, and the long line is mainly back to the highest in history Nearby, and broke through the highest point in history, and finally rushed to a record high of...
$BTC has previously made three attempts to break the liquidity box but was unsuccessful in doing so. A rally to 29k can start with a close above 25.2k. Normally, it takes 4-5 solid volume attempts to crack a box like this. Not a financial advice Trade at your own risk
The two graphs seem similar in nature. The question is will BTC follow the same trajectory as that of 2019 before the major bull run of 2020-2021 ? Let us know your views in the comment section...!!!
Price is making higher highs while the RSI is making lower highs which is a sign of RSI Bearish Divergence. We can expect a pullback.