Yeah Lets go again BTCUSD to Conquer new highs and lets see the Bulls are Angryyyyyy
After 4 weeks of continuous sideways trend, BTC plummeted by ~11.50% in the last 7 days alone, thus the largest weekly decline of 2022. It formed a big bearish candle on the Weekly TF and closed below its 50-WEMA, this depicts a decisive breakdown below major support. At the time of writing, BTC is trading slightly above $41,500. On the Daily TF, BTC is on the...
BTC on the verge of breaking H&S neckline at 40k on Daily and Weekly charts. We might see BTC at 30k if it gives closing below 40k. Keep an eye.
Bitcoin is already been in a downtrend for the past few days in the lower time frames. It looks like BTC is planning for a major liquidity grab before making the next big move towards the moon. I personally will try to take this as a chance to buy more BTC if it reaches anywhere near 24k to 27k. This is not financial advice. Invest only what u can afford to lose.
Broken Trendline. Bullish move. Targets as seen on the chart. Keep trailing profits. T1: 52137 T2: 54114 T3: 56871 T4: 64107
In previous 2020 starting btc broke the head and shoulder pattern the same way it is doing right now if it broke the pattern downward we might see btc price easily on 37000 or below but as per rsi we might see some good buying in the $40000 zone.
BITSTAMP:BTCUSD 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
Bitcoin casual price forecast based on Trend and Time based Fib extensions. Future price projection is based on last cycle Top and bottom assuming similar trend may occur again which might not be the case. It is a casual analysis just to get an idea, not to be considered for actual trading.
Do you see any pattern similar to the prev crash? Probably the worst is over. The fear index is hovering over 10 which is the lowest ever seen in the history of the markets. Even if we breach the 40k we have an impregnable wall at 30k. Hope el Salvador and other institutions will come to rescue us if we reach there in an extreme cases.
Here is my btc chart update must follow for more daily updates on btc
I have mentioned the range in which btc is moving. This range has to be broken for btc to show any clear movement. Lower range broken we can see 37k-39k and staying above 53k will be good indication for new ATH if the volume is supported.
After the last weekly gains, BTC again witnessed a bearish movement and closed the week with a 6.90% decline. It continues to consolidate in the range of $45,000 to $51,000 for the 4th straight week, which suggests that the tussle between bears and bulls is still going on and there is no definite trend. At the time of writing, BTC is trading slightly above...
When price break any well defined boundary below 200 Day Moving average and sustain then high chance price continue the trend . Also made a Head & Shoulder Chart Pattern . Pattern activate when price break the neckline .
Hello , I have made a meaningful technical analysis for entry and exit points of bitcoin trading.
After consolidating in the range of $46,000 to $50,000 from the last 15-20 days, BTC closed the last week on a positive note with ~8.81% gains. Other crypto assets also witnessed a positive week as the combined crypto market increased from $2.10 Tr to close the week at $2.395 Tr. BTC formed a strong weekly candle which slightly depicts further movement to the...
Long BTC above 52K If Broke with an engulfing Candle. Stop Loss below Candle Low . . . I think it will make a new high If momentum sustains.. Thanks ! Do follow me for more Analysis. BINANCE:BTCUSDT
Checkout for breakout from this zone. This is just my view of looking and analyzing the chart of Bitcoin/USD.