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.
Bitcoin has broken trendline is on extreme support the risk is reward ratio is very good.
Positive divergence seen on Weekly Bitcoin charts, ETH leading the rally... is this the long awaited bottom???
Look for occasional retest and confirmation, trade is simple Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment...
technical analysis of crypto cap trying to get rejected from the weekly resistance
We are seeing that #BTC is going all the way Down 📉 but it is a Fake-Out 🛑 after going $16800, It will PUMP HARDD 🚀 December will be ROCKET 🚀🚀🚀
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin. Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 15924.00 ⭕️SL @ 15663.00 🔵TP1 @ 16566.00 🔵TP2 @ 17000.00 🔵TP3 @ 18000.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
After breaking down with heavy volumes, Bitcoin is consolidating in a tight flag pattern. The breakdown of which would take it straight to 14000, this would also be the 5th wave of structure. After that it will be left to seen how it takes support there. I'd advise longs to stay away until there is a proper bullish confirmation above the resistance. BINANCE:BTCUSDT
Bitcoin trading in tight consolidation post break out. Currently In flag pattern- great opportunity!
#BTC is in range bound $18700 - $20700. Due to high consumer inflation data from US, it seem Bitcoin will be bearish in near future.
Its time to stay away from BTC as its looking weak structure wise, the consolidation has happened near the support if it breaks then the targets can be as low as 15000!! SO STAY CAUTIOUS!
QUICK UPDATE - we spotted the inverted head and shoulder and traded it well and reached our target Current Condition = price has tested the previous hourly and 15m rejection zone and trying to sustain it So, we drew waves after the breakout of head and shoulder as per textbook ratios the price tend to form accordingly now price has reached it 3 impulse wave,...
The past week for Bitcoin started off with a positive note as the price level tested the crucial resistance mark of $20K. However, as the level was trading above $20K, a strong profit booking momentum was observed which brought the strong support of $18K into play. nThe support level did again provide the much-required bounceback and the current level is trading...
For the third quarter of 2022, Bitcoin had bullish inception during the first month upon which it had a build-up to test the major resistance level of $25K during August. The price action formed a rising channel pattern before facing significant retracement from the resistance level. The retracement somehow settled at the psychological mark of $20K and maintained...
Key highlights: 💡⚡ 📈 On a daily timeframe Bitcoin is trading at its support level which is around 18,942 level. 📈 since last few months script was in consolidation zone as highlighted in chart. 📈 script may give breakout of descending triangle in next few trading sessions. 📈 into that first target or we can say resistance can be around 25375 level and second...
With the ongoing trend, it looks like bad days are not over for bitcoin and after taking a trendline bounce its ready to go downwards. I would avoid any fresh entries in the long side.
The way BITCOIN has broken the support, it's likely it will retest 22000, and subsequently 17000 again. There if the momentum shows we can go long but it must respect the channel.It's time to be cautious if youre in the long trade.
BTCUSD is looking short opportunity after having impulsive break at 23500 and now expecting to move to the downside at 17k