Bitcoin Bullrun 2023Bitcoin Entered in Bull Market . Congratulations
Bitcoin candle close above $24000 resistance .
Bitcoin (Cryptocurrency)
BTC Long For Short TermIf Bitcoin brake the 22,100 prices and Closes below it,
That is a good indication to go up and achieve the 25k Level...
both long and short possible on markinghigh possibility for good trade so i made lines for resistance as well as support also so understand it carefully I am also learning so I can be wrong so this is not a financial tip.
BTC/USD - Weekly OverviewBitcoin started to shed its positive returns at the start of the second month of 2023. As observed in the chart, the BTC price level is currently trading at a critical level of 1.0 FIB level upon which a negative breakout could result in further price damage.
MA-10 also suffered a negative crossover against MA-50 in the past week. The downside expansion in the width of Bollinger Bands suggests that the world’s largest digital currency faces considerable selling pressure.
The RSI level is also showcasing a falling channel pattern after sustaining in the overbought region for about a month. However, it is currently vulnerable to a negative breakdown to the oversold region
The MACD level has also broken below the histogram while forming red bars.
Overall, the support levels can be placed around $21K and $20K. On the other hand, resistance levels can be placed at $23K and $25K.
This time it is different or is it the same?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...!!!
Bitcoin BTC monthly line five waves?Bitcoin BTC monthly five-wave? According to the five-wave model, there is one less wave. Can the monthly line go out of the fifth wave and the last wave in 2023?
nifty 50 analysisnifty 50 elliot wave analysis
nifty complete upside abc wave and wave c internal 1,2,3,4,5
nifty price wave c internal wave 4 break . total nifty 50 pattern bearish use wave 5 stoploss
LITECOIN (LTC) This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels.
ETHEREUM - Elliott Wave ViewThe idea is based on the Elliott Wave Theory. It suggests that the correction cycle may be over and the next bullish cycle could begin from here.
Green or Red February for Bitcoin?After a massive bear run, BTC holders saw an almost 40% gain in Bitcoin price in Jan 2023 pushing the fear and greed metric into the “ Greed ” zone. After a strong rally in January, what is next for Bitcoin? In the last 8 years, we have seen a green February for Bitcoin except in Feb 2020. Thus, we expect 2023 February to be a green February for Bitcoin.
Price is above its 20 and 50 EMA on a daily timeframe and is currently hovering near its support at 22800 with the next resistance at 25100. If the price breaks this support, the next support can be found at 20-EMA.
On a daily chart, there is a formation of RSI divergence which is a bearish signal although, we need to keep an eye on other metrics too.
On a 2- hour timeframe, price has fallen below 20 EMA which is also acting as resistance and 50 EMA acting as support. Moving Average Convergence Divergence (MACD) line has crossed the signal line indicating possible price correction.
SIlver Future may correct soon.SIlver future chart showing trendline resistance at 69000. It can short here or on any rise and wait for target 68000 ,67330 and 64000 soon.
major fall will come when it close below 68000.
BITCOIN CHART ANALYSISBitcoin gave a Biggest Range Breakout but sudden fallback also..,,so is this False Breakout or small retrecemnt and after this, Can we see a Big UP Rally????
KEEP AN EYE ON IT…..!!!!
BTC/USD - Weekly OverviewBitcoin continued its positive momentum in the past week as the YTD gain reached approximately 40%.
On the Fibonacci retracement table, BTC price level had entered the resistance zone which is above 0.786 FIB level.
Considering the technical indicators, Bollinger bands has contracted its width which suggests a potential consolidation or profit-booking momentum. The MACD level has also started to form red bars on the histogram while the levels look vulnerable for a negative crossover.
Overall, if the bulls are able to sustain the ongoing positive momentum, BTC will test the resistance present at $25K and $27K. However, if we witness a considerable profit booking momentum, support levels can be placed at $22K and $20K.
Bitcoin Expected MoveBitcoin Expected Move - BTC Creating Rising Wedge & This Should Be End 3rd Wave of Sub Wave A
Bitcoin BTC triangle trendlineBitcoin BTC shrinks the triangular trend line. Bitcoin has not yet broken through the downward red trend line. It is resistance in the short term. Under normal circumstances, it will fall back to the lower blue line or green line. Even if it breaks through the upper red and pink trend line later, it will step back on this line The two lines, seen below the lower green line and the blue line are the bottom.
BITCOIN IN A MOOD TO MAKE A BIG MOVE SEE THE PATTERNS Bitcoin is holding range of 23400-22400 a breakout is necessary for a big move from previous trend investors are expecting some big move in bitcoin upside direction so traders can play in a range by buying at whenever btc touches or support price.
DICLAIMER: THIS POST IS FOR EDUCATIONAL PURPOSES ONLY THIS IS NOT ANY RECOMENDATIONS TO ANYBODY FOR BUYING OR SELLING IN MARKET.
Bitcoin Trend AnalysisBitcoin is at support level. The risk is less if we enter on the support line with a stop loss.
The Risk to reward ratio is good.
There is a possibility of death cross which makes the stop loss more important.
This is only for educational purpose.
I spend good amount of time in analysis and feel happy to share it with a large group.
Bitcoin next move update1 or 2 ?
Lets not guess.
Lets react to the market
If guessing is the game i’l go with 1
#fingerscrossed
matic bullishcreating a base just below strong resistance ..
can be a good buy abv 1.05
and good for investing also
BITCOIN CHART ANALYSISBitcoin at its Crusial Level
First its going through its parallel channel along with that created Reactangle chart pattern and after Breaking Up Parallel Resistance Or Rectancle Lower Resistance at Same time its Straight forward its Previous Major Resistance of Rectangle Chart Pattern …..
There is more tha 3-4Days Bitcoin Is Cosolidating at Same Levels Breaking Eaither Side will See such Bigg Rally of Bitcoin
HEAD AND SHOULDER PATTERN (SELL SIDE)SELL: 382 to 373
TARGET : 320
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 320 in monthly time frame and then try sell. Waiting for neckline breakout.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
