Next target is 28k if you can survive the noise in between.
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...
For the past week, Bitcoin faced the wrath of bears as it slipped below the crucial psychological mark of $20K. It has registered a new 52-week low of around $17,500 on the charts. A figure that is not wished by anyone. However, there has been a positive bounceback since then. We are witnessing a potential bullish crossover in the MACD which could possibly hint...
Bitcoin is currently in its last leg of fall, a new low pending after some retrace and then one way up. expected path traced on chart
BTC is currently on a support level , but chances for dropping in to 14k levels are high dropping below 14l$ is not good
Seeing the history of correcting 83% from peak then 72%,56% and now I see a correction of 85% before BITCOIN starts it's upward journey. Thus according to my analysis after expected correction of 85% from peak demand zone for buying comes in the zone 12065-9825. Let's wait for 12065-9825 and see how the price reacts. No long trades before this level.
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$BTC retesting $20,812 support watch it👀, last 4h close not looking good. Current 4h representing fakeout watch given support areas, still no sign of strong support.
Bitcoin in support zone. reversal from this level is possible. if this level is broken then big fall possible
currently i am looking at the wedge and looking for some upside upto 32k and if we break 32k then it would be nice bullish scenario otherwise we come back to bottom of the wedge.
Notes are in the chart. Any feedback/input is appreciated :)
BITSTAMP:BTCUSD as this is a crucial level, long term inverses should watch this level closely. For trader, everything mentioned on chart.
Bitcoin gave the breakout from the ending diagonal pattern as stated in the last post. Outlook should be bullish now from here on and the targets to look out for now are first touch 200 Day SMA and then towards 50k. #Altcoin might give bigger gains from here. #bitcoin #altcoins #btc #crypto
Long position !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11
Go LONG BTC for the time being to reach 47K+ tgt. on 12 hr chart it forms a falling wedge which is a bullish pattern..
BUY 411 TO 436 TARGET 660 TO 680 Reason For Buying This Script : In this script it forming Elliott wave in monthly time frame. Now the price in 3'rd to 4'th wave which indicate selling. Once the price come at above given level means try to accumulate. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some...
Bitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies. I've drawn multiple scenarios for reversal without having an ambitious target like...
ETHUSDT 1DAY is now retesting the breakout made. also shared the idea earlier and now the breakout was made. waiting for ATH.