Notice how the prices were falling within channel which indicates that the recent sell off in BTC was not impulsive (start of a crash) but likely a correction. Wave 5 is yet to be completed for Bitcoin in the monthly time frame but wave 5 could be truncated if it falls below the recent low of BTC so place a stoploss below 31k as view gets negated at that level....
on 4H timefram is break trendline. if it maintain retesting level then we can see nice upmove
4 hour trand line Daily trand line Down trand tradline Starting upward trand
BTC Long above 38650. Above 38650, Flag and Pole Pattern breakout in 1 Hr Time Frame.
bitcoin is following pitchfork green carpet, let see what next
After the continuous declines, crypto markets took a breather last week and closed the week with ~1% gains. BTC also bounced back after making a recent low of $32,933 and closed the week with 4.46% gains. At the time of writing, BTC is trading slightly below $37,000. BTC formed a bullish Hammer candlestick pattern on the weekly TF, which depicts that we can...
After crashing almost more than 52% bitcoin can create two scenario either upside or down side if it continues the downside trend line the price can form ABC pattern and get more dip of 30050 if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450 this analyse is based on daily...
s&p 500 and btc charts looks almost familiar & have very high possibilities of having the same price action but in little fast movement with btc this time.
Crypto markets continue to bleed as the total crypto Mcap plummeted by more than ~20% in the last week alone. Uncertainty in Russia and Ukraine also adding more fuel to this fire. Overall, the global markets are also trading in red from the start of this year and due to high correlation between both the markets, crypto markets plunged more than the Equity...
#BTC_Update Well BTC closed Sunday's session on a huge decline and is now trading on its final support area at 29K. The trading volume at the beginning of the weekend was very logically above its average level. The daily technical situation remains negative with no sign of a bullish reversal. 👉 What to do now? We can open a short position on a retest of the...
BTC Dont buy untill it breaks LL LH pattern Disclaimer: This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own research and consult your financial advisor before making any investment decisions.
Observed interesting pattern from last bull rally of BitCoin. Analysis of post Death Cross activity before the previous bull run and predicted the same for the next bull run. As per the Price downfall, BTC already covered the expected downfall of 9108 $. Presently expecting sideways movement before bull run. As per Date Measurement, 16th Feb 2022 is the estimated...
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 is the main pillar for all cryptos, it has made downfall almost 50% from past 2 months (from Nov) onwards, there is a major support zone around $,27000 to $,31000, since it has fallen 50%downside from an all-time high, we can expect 27000 to 31000 this zone can act as a support, this is the right time to invest in bitcoin but will wait for the market...
A massive M pattern on monthly, and two massive head and shoulders on weekly. Supported by huge selling. If a miracle doesn't happen soon, BTC is going to 10000 next!!
btc has been trading within the range of 44285 to 41140 with the pitchfork drawings we can get a breakout trade if, price is closed above 42550 stop loss of 41488 and target of 44768 , risk to reward of 1;2 this could be a positional trade for 5% move it will be depending on either target or stoploss @TradingView happy trading ..
Bitcoin has fallen more than 40% since it made its top. Is it a good time to invest in it or should you stay out of it? Have a look at the video to understand the levels where it would be a good buy. If you like it then please do not hesitate to LIKE & SUBSCRIBE