BITCOIN 1-Hr. CHART ANALYSIS As per hourly chart of Bitcoin, its moving at Broadening Wedge Pattern for again a bullish trends towards FWB:29K , but still as per Daily chart pattern, its final cut-off point is near about $28.5k to $29.5k for another Divergence cycle of Downtrend too... so, invest & trade wisely by using #StopLoss and #DYOR always. must LIKE & SHARE
bullish pennant pattern always work for like 70% of the time most of the traders exhaust their trade in those period of moment when it is falling and sudden built up it long form big candles coming weeks will show this.
As per my setup we can see that market has given a breakout. R-R is 1:5+ in each and every trade.
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...
As per 1hr. chart, Bitcoin performing at present hourly movements into CUP n HANDEL pattern.. just follow the present movements... Always #DYOR
This is an educational idea only, do not take it as investment advice. BTCUSDT looks range bound. If falls below 25800 we can see a fall upto 19800, if bounced back from 25800 we can see a rise upto 31000. Let us connect and discuss more possibilities on day to day basis.
Here I have given future supports levels for Bitcoin. I have selected 1day time frame for the chart. And a point to be noted is that their is also a trendline coming from the top. Which means it can take a reversal and give a breakout or breakdown.
- COINBASE:BTCUSDT is currently into wave 4. - Possible end of wave 4 and entry for long at 25300 - Stop Loss can be daily close below 25000 - Target of next wave 5 at 35200
BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024. The total circulating supply of BNB as of...
#Bitcoin is under very critical zone now a days and mostly moving around $26.5k to $27.5k, while many times it rejects for uptrends and retest for #BearishZone of FWB:25K -24k but majority of chances, between 20 may to 20 June 2023, BITCOIN will be under #BearishZone of $24k to $22k and then FWB:21K - $19k too.... DISCLAIMER- It's not any #FA, its just proposal...
The $315 and $300 levels of resistance and support respectively have been important on the lower timeframes. Over the past 48 hours, BNB has declined from the local highs at $316.3 to trade at $308.5, at the time of writing. On the 6-hour chart, the RSI was unable to climb above neutral 50, showing the persistence of the bears. Over the past week, the trading...
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.
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...
Time frame 1 hour, going long at support where as the risk is low like every other trade as per my setup. There were multiple thoughts before entry if I should enter or not. I am sure this happens with many novice trades like me but to be in a league of professional we've got to enter a trade as per our own trade setup without a second thought. If there is a trade...
Although market looking very weak i believe a wick is yet to come to squeze shorts and then may test 20K zone. But for now i am honestly beting for that wick. NFA
Price is overbaught .making lower highs qnd lower low at 4 hour. We might see continuation down before any major up m9ve. On daily price will thus give downside correction.
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...
Shorting Bitcoin as per my setup. CCI is bearish with multiple resistance confirmation on 5/15 min. Just the basic understanding of Support and resistance thats all. RSI+CCI+ Resistance below 0 level = short R-R IS 1:5 OR ABOVE ALWAYS.