double top formation RSI decreasing weekend low volume (fake pump) btc fall will be equivalent to height from neckline to top
bitcoin is ready for uptrend and form a head shoulder pattern. Target i set and you set your stoploss according to your knowledge. Thanks
BINANCE:BTCUSDT BTC has broken $59,500 which was its previous breakout level, the same level which was later acting as a support. So clearly after that level broke the next support we see is at $53,000 ($53,013) if u want to be precise. If BTC breaks $53,000, we will be heading to $48,666.
We might see a nice push from here bitcoin dominace as well btc from here btc would gain power and alts can rest
Bitcoin is looking for the down move before its massive bull movement. The Bitcoin market is looking for yet another short correction and the Buy targets are:- Buy zone 1- $53K-$52K Buy zone 2- $58K-$56K (for a safer entry ) and the sell targets are Target 1 - $63750- $62800 Target 2- $68800- $67500
Hey everyone, Bitcoin is 6% down today from the daily high. It might be going for another higher low, which can be formed between 50 to 61.8% of the current wave (which is near 50.8k to 54.3k). The all time high is exact 69k and today's high is $63628 and today's low was $59907.73 . It might take support at the Fibonacci channel too, near 57 to 59k. Currently,...
Bitcoin dumped hard because of Infrastructure bill, ethereum foundation selloff and china fud. The volume was weak since a few days and the pullback which was around the corner finally came. Btc has found support at the conflux of a major support level and the 50-period Moving Average. I expect it to go lower to 100-period EMA and the next support level at 56200...
The crypto markets witnessed a profit booking towards the end of last week, with the flagship coin BTC getting dipped by ~4%. BTC managed to close the week in green and closed the week with 3.47% gains and even made a new ATH of $69,000. The sell-off is mostly triggered by the fears of earlier Federal Reserve Interest rate hikes which overshadowed the awaited...
Hi Traders BTC/USD is about to give you a correction, It may be starting of long term down trend, but that we will see latter. We can expect a down fall upto 59000, may be further. BITSTAMP:BTCUSD Thanks
BTC has broken out and Retested in the shorter time frame and reached a reversal in the longer time frame. As we are bullish on the general trend, so we can enter a long trade. Risk Reward Ratio - 2:1 Target near swing high. SL place below trendlines and support zones.
Next target and resistance zone FIB (3.619) zone, Anyway we are hard on support and need not worry of going down because volumes looks in favor of bull runnnnnnnnnnnnnnnnnnnn. DYOR.
This is bitcoin forecast using BARS PATTERN tool, So the forecast is done accotrding to previous chart repetation.
BTC testing support of previous ATH, Seems like rejected and you can see fibbonaci acting as support too, Let us expect to see Daily Candle closing above previous ATH, So that we don't consider it as a fakeout. Please give a thumbsup, If you really like. Thanks :)
After nice breakout, the price managed to breakout through the median of the pitchfork which is the golden line the green lines are following pitchfork acting as support and resistance on higher time frame the greenish zone is the 4h halting zone is the price breaks the golden line it is consolidating and forming triangle pattern not gonna go short the trend is...
In my previous idea on Bitcoin, I posted about the Fibonacci Channel, if it will follow it or not. As we can see here, it is perfectly respecting the golden zones and getting retraced. Here, I have posted a trade on the basis of this Fibonacci Channel and price action. RR is 1:5
Bitcoin is about to break the pennant, We can see bullish moves ahead. DYOR.
Hi Folks, I have used the bull market support band ( Huge fan of Bejamin cowen ) to trace a possible path for BTC which seems to be in an ascending triangle in daily timeframe. BTC should test the support band once again and if it "holds the line", it will enter into a price discovery mode. If the on chain data and logarithmic regression pans out, it can easily...
When we can see the picture as a whole, It took reversal from "Fibonacci retracement level 0.786" in an uptrend journey, Its already up 600% and we can expect continue to reach the next 500% price level which is whooping "$38,0000" before an another retracement.