Is Bitcoin Bulls are Back In The Game
#hindcopper CMP 155 If Close Above 155 then Trgt 165/170 Trade as per your conviction Just for educational purpose
If Bitcoin break this range upside then we will see good upside momentum in bitcoin 🚀🔥.
Following chart is of BTC/USD which shows RSI Divergence Pattern, Buy After it Breaks the @41000 Level, Very Strong Resistance right there. Also The Targets is huge, so Go Long After Breakout. Do follow for more trading setups like these Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Bitcoin has taken support on the 29k line 3 times in the last 3 months. RSI has cooled own from 90 to 57. Next support for RSI is available at 48 and after that 43 which will be crucial, if we do not see a bounce back from 43 here then it may slip to 20k or probably 13k.
What is an ‘inverted cup and handle’? An ‘inverted cup and handle’ is a chart pattern that indicates bearish continuation, triggering a sell signal. Think of it as an upside-down cup and handle. If you look at the regular cup and handle pattern, there is a distinct ‘u’ shape and downward handle, which is followed by a bullish continuation. This means the inverted...
Crypto Market has no strong confirmation of reversal. Bitcoin volume since one month looks low and a bit worrisome. Until it is in the channel and a good bounce back from 28k $ level will pick the market momentum, a breakout on downside will test 19K $ and blood bath will witness once again. Key SAR level are R1 / R2 : 36k$ / 41k$ S1 / S2 : 28k $ / 19K$
Redistribution, the Evil Twin of REACCUMULATION. ITS JUST AN INVERSE PATTERN OF BTC 2020 Q4
30K is a crucial level for BTC. A close below that can lead to 28k levels which are the major major levels. Below that can be a start of a proper bear trend.
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. Oftentimes, traders watch for a move below the lower support trend line because it suggests that the downward momentum is building and a...
If the high of 36624 is not broken , I am expecting a strong downfall up to sub 20k levels. All analysis if for educational purpose only.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
As u can see on the chart ... BTC has given multiple pattern breakout 1) Rounding bottom 2) Inverse Head and shoulder 3) Trendline breakout (with good volume) Currently it has given the breakout and Retesting it .. Levels are mentioned in the Chart It can be bought at CMP with SL mentioned in the chart with immediate Target of T1 for Swing Trading Also, if...
Currenty BTC bounced of from 400 EMA and now trading very near to that. The yellow dotted line is a major support which have not been tested for a very very long time. If this support is broken and starts trading below that tehn we can finally say that BTC is in a bear trend. Stay Cautious
BTC DOMINANCE BEARISH FLAG PATTERN