Bitcoin Technical Analysis update Bitcoin is forming a triangle pattern on the 4h chart. Currently, the price is trading within the triangle just above the 200EMA. We can expect sideways movement around the 65.5k level before a potential breakout. If the price fails to hold above the 200EMA, it could test support at the triangle's bottom line around 63k. Regards Hexa
Bitcoin is looking for short opportunity after forming ascending channel
After long time finally BTC has given a strong breakout and which is sustainable and potential to move upward but as per technical it need to retest the breakout zone which we mentioned in the chart and then price can shoot up upward .... Refer the levels for educational purpose only....
sunday special one took a call just breaked the trendline hence grab it stoploss and tp mentioned just wait and watch.... n enjoyy text me if want more keep follows and boost #BTCUSDT
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I have marked IMPORTANT support and Resistance levels for BTCUSDT. These levels have been marked for a reason, utilise it with your indicators for MORE profitable trading trades please do like and comment if you want Support and Resistance for any other scripts. Thanks :)
As per my setup I have placed an order entry for long, a bit risky for me as I won't be able to execute it manually. Time frame is 15 min. R-R is 1:9 in every trade.
This is BTCUDT 1 hour frame long position. As per my setup it has given a long entry breaking previous swing high and now that is acting as support. Targets are marked with yellow lines upside. The structure is simple with finding Demand & supply zone. I always prefer horizontal support as I do not find trendline useful my style of trading. The RR is always 1:5 +...
Bitcoin is hanging by a thread and is at critical support on the higher time frames. It is at key demand zone of 25.4k - 24k zone. If the level holds, we could see a rally in BTC towards 36k-40k. However a break of 24k with candle closure, is not going to end well. We could see a further correction to 18k if this were to play out. Watch these levels closely in...
going long on support. Time frame is 15 min. Took an entry on retest with just 40 points Sl for the target of 600 points. Will keep trailing Sl using 1 min frame in case if the trend has reversal. Just a basics knowledge of Support/Resistance or Supply/Demand with any indicator that to me mastered thats all we need.
#Bitcoin will be soon break their support line of FWB:27K and goes under #BearishZone trend up to first below cut-off point FWB:25K -22k and second lower cut-off mark is FWB:21K -19k with more #Bearish trend of $19k-17k upto june-july 2023.
Hello Friends, Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave. In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now...
As per my setup 1 hour short trade is placed near the resistance post the breakdown has been done with a large candle. So my R-R is not good here if I enter right away at ay candle as trading is 90% psychology with Risk management without FOMO. I have placed a short order near the resistance area if the price reaches there for retest would be a good thing & if not...
We have seen falling trendline breakout and double bottom in bitcoin. MACD also indicating a bullish crossover All this is a indication of bullish reversal from this level. So if anyone wants to go long for some moment can go with current price 28036 and keep a stop loss at 27750 and go for target above 28300/28450/28600+. Please follow strict stop loss. If...
Bitcoing trading in bullish flag pattern and it is trading in range since 24 hour, very soon breakout can take place,, which can make clear way towards 31k for Bitcoin Darling. Right now it is trading at 30168 start accumulating from current levels to 29900 and keep stop loss at 29675 and we can see targets above 30500/30750/30950+, Price is above 200 EMA, which...
Bitcoin trading at lower support zone, it is just made low and this is gonna to be reverse from here, Very soon we will see a hammer candle over just here. Price and action showing a pull back from this level. So if anyone wants to go long can go from here. Right now it is trading at 30410 and keep a stop loss 30200, Very small stop loss, and go for target above...