Bitcoin about to give a breakout from descending triangle pattern at 17000 levels Look for long opportunities in short term
Note : For Educational Purpose only. BINANCE:BTCPERP is perfectly following the bottom trendline support as shown ... also as it appears it can form a possibe W or Double bottom pattern. Which is a bullish signal. - All the levels are mentioned in the chart. Note : For Education purpose only.
BitCoin Symmetric Triangle Breakout with High volume.. We have support at 20000, first resistance we have around 21900 - 22800 any breakout of this we can expect 24K will be tested soon. Thanks
BTC is looking really bullish as you can see pullback is over and it again on its support zone and cvd is also rising. I think first will come to mitigate the OB then hard pump 20k +
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...
in 4hrs time frame we can see a Adam – Eve pattern so we can expect a retest and crash again
Hello Friends, Here is Bitcoin Trade set up as per Harmonic Crab Pattern level, Buy Bitcoin above 30821 with sl of 24821 for TGT 34097 AND 39491. #btcusd Happy Trading.
📈 Bitcoin 📉 It has broken out from downtrending trend zone and given first signs of forming higher high higher low. Started forming up upside trending trend zone (this zone is yet to be tested to be strong support zone). Immediate Upside resistance is at 46000 levels. Have to watch how price behave around these levels. My Personal view :- Price should face...
My view on Bitcoin today is extremely bullish however I am prepared for an extremely good move on either side - which I am confident will be caught by my system. Here's what it looks like. In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and...
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...
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.
EXPLANATION : This is a weekly chart of BITCOIN . The Bitcoin gave a solid breakout from its accumulation phase and coming to retest the same . The next supply zone is its all time high near $64,000 .
BTCUSD looks strong on the upside. The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone. Now two trades are possible- Case 1- Breakout- If it...
Since we have 2 phases of the upward move and forming ascending triangle pattern in the 15 min time frame, we can expect that it can give a big breakout from levels of 49000-51000 levels. The market can enter into a long long uptrend phase with some frequent minor correction and it can sustain the uptrend till 55000 levels followed by 58000. Happy Trading....
Journey toward the 12 K Go short sl 35k target 12K