There might be a big dump in play on the bitcoin daily and weekly
Stoch rsi on both daily and weekly are hot
Long going trend broke and now acting as resistance on weekly time fr
Daily Macd is exhausting
Note : For Educational Purpose only.
BINANCE:BTCPERP is perfectly following the bottom trendline support as shown ... also as it appears it can form a possibe W or Double bottom pattern. Which is a bullish signal.
- All the levels are mentioned in the chart.
Note : For Education purpose only.
BINANCE:BNBUSDT outperform BINANCE:BTCUSDT in past 1 year.
With fast growing ecosystem, BNB will tend to face selloff in short time (due to external market condition ) but Bullish in long run (When bull run starts).
•We have a bullish cypher in play here. Within the harmonic category of patterns, the cypher is a reversal configuration.
•The cypher formation frequently occurs during a market trending period (HTF) and presents as a terminal move.
•Next is a trend reversal.
we have closed the bearish trade as price got to our projected target of 18950-20
now that price showed a fake breakdown and closed within the range of channel
seems like btc forming inverted head and shoulder
buy above 19325
stop loss below the right shoulder (not exactly stated as price still below the buy price )
target 19750 - 19800
Bitcoin on the weekly time frame has given a bearish moving averages cross over and has been consolidating in the previous weeks range. The market is consolidating in a Box pattern.
The market are in a bearish trend as Dow has broken its 29000 level after taking resistance from its weekly 20 ema and closed below its 200 ema.
Global markets are negative and the...
BTC is ranged and just completed its short downtrend in the range of 24248.29 and 18475.74. And now we can see a short uptrend towards 24248. And rsi is also showing bullish divergence. Our main resistance and support levels are 20783.57 and 23195.31.
BTC has bounced from 18k for the 5th time. This to me seems is a very positive sign, considering it has bear the brunt of all the bearish factors we've been having lately.
With inflation coming down, and the paranoia of war somewhat settling down, macroeconomic factors seem to be getting better, for now.
I'm slightly bullish, at least in the short term as long...
market is in the range and btc created a eq low and on that orderblock there is our demand zone on which btc just landed and made a low on their after taking the above liquidity, so there is high chances that now it can go up!
$BTC is on the support level and just made another eq low and it might be forming range because of our previous strong pulse wave for accumulation and distribution... so we can now see another bull run to may be 24500
just a quick overlook on the daily btc chart from ath horrible sight to see three bear flags one after the other inside of a falling wedge since atheach time we broke previous flags we had near enough the same drop of around 45% we have broke out of our latest flag are we going to see another 45% drop in price to the 14k mark its possible given the...