The lower C positioning and a small bottom peak formation will be seen soon and gets bullish. Looking forward with the 1 to 2 month upside waves with three green lines on possible target. If Bitcoin is going on bottom to 4 digit then its gonna check the nearby resistance that will be last time decline spots by 34000 - where it brings the upside refreshment for...
Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA. The coin has given a nice movement and is retracing before another up move. The coin is trading below the moving averages. Two confirmation patterns are being formed in the coin on the daily time frame 1. Head and shoulder pattern 2....
btc showing bearish strength and with its pattern and volume going for a short
long position in audio, audio is forming bullish pattern which is looking really good may be it is time for bulls handle the situation :)
The idea is that we can go for long in btc accoding to this analysis, liq is being created and now btc might go for the stoplosses and then to fill fvg. This is my personal opinion not a financial advise or any type of call!
Looks like the big boys have booked profit and BTC is again on its way down to 18000 its good support, lets see how it holds up!! Right now going long would be extremely risky imo.
As expected huge plunge in BTC again retest at 20800 huge dropdown no more buying.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Don't Panic It's just the Recession 2022. BTC is starting to go bearish from very first week of next month or anytime soon. Hope you clear all your positions & be patient. Wait for BTC to make it bottom and make an Entry. Grab your Golden Opportunity.
Bitcoin on the daily time frame has been consolidating in a range and is taking support around its 20 DMA. On the weekly analysis, the moving averages are getting close enough but the price is below both 20 and 200 ema. The coin price is around its hourly 20 ema and its taking a support from it. The coin is forming a rising wedge pattern on daily time...
POSSIBILITIES-4H-bearish-got realigned .STRUCTURE-BEARISH
Bitcoin is trading at 22390 of zones. For the past few weeks 24450 seems to be a resistance and 18850 is a strong support. On a hour candle is forms a zone range of trading 20k to 23k . Volume is above average , candle tries to breaks resistance more than 2 time. Resistance zone will become weak and soon 24k would be broken. Then next resistance seem to be 30k.
The next move of the BITCOIN. It looks bullish in the coming months, InshaAllah. DYOR.
What Bitcoin will do at this level? we are bullish! for educational purpose only
Bitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside. Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is...
bitcoin trade for down with SL AND TARGET (TREND ANALYSIS)
bitcoin in range breakout any side will invite good rally
Don't get fooled by small pumps. Zoom out and look at the big picture. BTCUSDT is forming a bearish channel; the next major support is near $12k. Like, share, and engage with my ideas.