Want to see double top reversal ==> Here it is Bitcoin!!!!Double Top in Bitcoin
Crypto market has shown bull and bear cycle in very short span of time.
From rising from 10000 usd to 69000 usd and from 69000 usd to 16000 usd in span of around 2.1 years
I think it is fastest reversal of any new tradable market.
Double top means making almost two equal highs and failure of bull to make new high while bears pressure of continuous selling makes this pattern.
Neckline is where bitcoin has taken support as seen in chart.
Generally target from top to neckline is expected in double top.
Let us see whether bitcoin makes new low from now to reach target as marked in chart.
Bitcoin (Cryptocurrency)
BTC/USD - Weekly OverviewThe technical chart of Bitcoin reflects on the consolidation faced since the past week. On the chart, the consolidation rage is formbed between the price levels from $15.5K to $17K
Considering the technical indicators, RSI level is facing strong resistance for a positive breakout above 50. Currently, the level is showcasing negative nature while residing at 39.92 at the time of writing. MACD level is also having a hard time to climb above the histogram. However, it should be noted that green bars with considerable density are being formed on the histogram which can result in a positive trend in the near term.
The whole outlook for the world’s largest cryptocurrency is still skeptical with the current market conditions. However, BTC taking a breather and forming a consolidation zone might be the need of the hour in order to avoid further downfall. It is also have strong supports at $15K and $13K. In case of much needed upside, Bitcoin will face resistance around $17K and $19K.
BNB in great opportunity Hello its J again
After a long time and a boring bear market I can feel , see and imagine great buying opportunity for BNB at the dip price from 255 to 270 and the possibility to increase up to 650 or even for a new ATH in the upcoming weeks.
Actually I believe the price is in a triangle pattern and it shows that it has some potential to be in an up trend for several weeks .
thank for comment , like and sharing my idea
best regards J
Trading Signal For BTCUSDT BitcoinTrading 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 our ideas, please support us with your likes 👍 and comments .
BITCOIN more pain ahead bearish flag consolidation target 14000!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 Short-Bearish Pennant BreakoutBitcoin is making a pennant pattern which is about to breakout. It's a bearish pennant ,formed in 4h time frame.A bearish pennant usually breaks out downward but during the mixed emotions of the market and its' volatility can be cause of uptrend too.Also the market is on downtrend for a long time so a up move can be expected too.
But the major signs is in favour of bear market so keep an eye guys.wait for the move.The targets of upward is 18916 and 20997.and the downward target is 15640 and jump to 12133.Happy Trading.
Bitcoin analysis its bullish! untill we have any bad newsBITCOIN is looking bullish accorrding to my analysis . bitcoin has achieved its weekly target and its time for bitcoin to do some weekly retracement too.
You guys can check the chart and do the analysis
Also use the RSI to check weekly divergence
BINANCE:BTCUSDT
BTC bitcoin weekly Fibonacci!BTC bitcoin weekly Fibonacci, high-precision price, including bitcoin's short-term, medium-term, long-term, top and bottom prices, support and resistance prices, breakout and breakout prices, rebound and return Step on the price level, bull market price, bear market price, as long as you know how to use it, this picture is your money printing machine, the cryptocurrency market news is flying all over the sky, it is better to stand firm with a few lines, and listen to others, it is better for you to understand This picture of me Satoshi Nakamoto, more details are waiting for you to discover, all in the picture.
BTC bitcoin bitcoin daily Fibonacci!BTC bitcoin bitcoin daily Fibonacci, high-precision price, including short-term, medium-term, long-term, top and bottom prices, support and resistance prices, breakthrough and breakout prices, rebounds and rebounds Step on the price level, bull market price, bear market price, as long as you know how to use it, this picture is your money printing machine, the cryptocurrency market news is flying all over the sky, it is better to stand firm with a few lines, and listen to others, it is better for you to understand This picture of me Satoshi Nakamoto, more details are waiting for you to discover, all in the picture.
SOLANA- One Last Ride! (SUB $20)Are you guys ready for the final breakdown? Its gonna feel the most brutal of all and many final believers will be pushed out.
I know I am speaking in certainties, but I gave it a good chance to show it's bullishness, but it failed.
I have good confidence and reasons to believe that this has a GREAT amount of odds of playing out!
Stay wise, prepare for the worst, should not hurt.
Good Luck! See you on the other side! :D
BTC Investment Plan - 17/Nov/2022Hello Traders,
Hope you all are doing good!!
I expect BTC to start to go up from 8k - 12k level.
1) Currently in probable C wave of bigger correction.
2) Probably in making of 4th wave correction within the C wave of bigger correction.
3) Next drop is highly probable the last drop for BTC before reaching for 100k level.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Bitcoin BTC Fibonacci weekly chartBitcoin BTC Fibonacci weekly chart, which includes short term, medium term, long term, top and bottom prices, support and resistance levels, breakout and breakout levels, bounce and retracement levels, bull market levels, bear market prices of Bitcoin as long as You know how to use it, this picture is your money printing machine. The cryptocurrency market is full of news. It's better to stick to a few lines and listen to a few more. Everyone knows more about Satoshi Nakamoto’s contract hype. picture.
#Bitcoin LTF play imo. Looking at 2 possible scenariosTwo possible scenarios for #BTC in my opinion. It either rallies from here (More likely) and takes out liquidity at 17.5k and then reacts either to HTF OB, Key Level (previous support), or the FVG left behind as marked in the chart. I will look for shorts wherever the price reacts out of these three zones.
Alternatively, if the price revisits the newly forming support at 15.5k, I will be looking for Longs upon bounce but with tighter Risk Management.
BTC/USD - Weekly OverviewAmid the collapse of crypto giant, FTX, the overall market conditions took a hit as the world’s largest cryptocurrency nosedived to a new two-year low of nearly $15.5K. The other cryptocurrencies also faced significant selling pressure as Ethereum is down by 20.15%, XRP by 25.65%, and polygon by 22.00% at the time of writing on a weekly basis.
Considering the technical chart of BTC, MA-10 suffered a negative breakout against MA-20 and MA-50 as soon as the news of FTX collapse was made public. Currently, the price level is facing significant resistance above 0.236 FIB level on the Fibonacci retracement table.
Looking at the technical indicators, the RSI level suffered a nosedive to the oversold region but quickly bounced back. The level is showcasing positive nature while residing at 41.95. The MACD level also suffered a breakdown below the histogram with significant red bars formulated on the histogram. It surely disrupted the sustainability made in the past couple of months.
Overall, BTC is currently trading at significantly lower levels. A significant upside might need relevant accumulation at the current levels. To avoid further downfalls, BTC is having support at $16K and $15K respectively. On the upside, resistance levels can be placed at $17K and $19K respectively.