Cmp - 32750
Stop - 30500 on DCB
T1 - 41300
T2 - Open, Review at 41300
Expected Holding Period - 30 trading days or earlier for T1
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
BTC Got Rejected From TrendLine Resistance At 38500$ (approx.)
Also Breaking Down The Support Level At 36500$ (approx.)
Flipping It Back To Resistance,
Approaching Towards Next Support i.e., 34500$....
If 34500$ Support Didn't Hold Then ,
We Likely To See a Free Fall Towards Liquidity Raid📉With A Possible Long Wi
bitcoin chart is forming bilateral symmetrical triangle
Symmetrical triangle can either be bullish or bearish, Symmetrical triangles form when the price converges with a series of lower peaks and higher troughs
but if we look BTC daily and 4hr chart, then overall trend is bearish
So there is more probability that bilateral symmetrical triangle can break down....
In this 4 hrs. Technical Chart I'm trying to Show Support And Resistance Levels.
4hrs Chart Shows BTCUSD Take Support @ $30066 After That Near $53800++ Strong Resistance.
If That Resisteansce Work Then BTCUSD Will Crash Near $17000 If This Support Work Then As Per the Chart Shows we Need To Breakout $46000++ After That Upside Target Open.
Let's Hope For The Best!
BitCoin – Next Tulipmania?
Selling Pressure is seen in BitCoin after Elon musk announcement.
Chart is around its major support level.
If 39520 breaks on weekly basis then Prices will easily reach 26650.
Extended target can be 19100.
If the above condition fails then good reversal is also possible from current level. So keep your stop losses as per your risk...
BTCUSD looks strong on the upside.
The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone.
Now two trades are possible-
Case 1- Breakout- If it...
Here what I found interesting and not panic, even after BTC dumps. The reason is I have checked every time BTC deeps between 25% to 30% specifically within 7 to 10 days means it's preparing for the new HIGHS. So everyone is talking about 43K and 45K, What historical data/pattern shows that it will bounce and will touch a new high.
#HODL and #Believe
Hello masters, hope you having a good day in this profit season. Even if you are not making then don't be upset, opportunities will come and go.
Here is the update regarding BTC price, price at major resistance right now and it trying hard to break this current zone to make new all-time-high. If this trend continue maybe we will see BTC at higher price soon....
The recent bullish trend has given a strong confidence in crypto investment. Bitcoin has managed to break the 60k level and felled back again below 60k level
Currently it was trading below the 59k level.At this level we can see a consolidation phase for the past 3 days soon we can expect a breakout here.
I have identified one triangle formation here which...
one more strong resistance for swing coming. book your long only if find reversal at resistance. if find reversal one can go for short as well.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we...
Hey guys welcome for a fresh update on BTC
BTC forming New Pattern !! Have a Look...
Look At Chat Guyz..
As btc is caught under 34k-30k level, BTC is trying hard but facing strong resistance and support....
But Look at what i am seeing..