BITCOIN - Death Cross ComingAs per #Bitcoin Daily Chart Analysis...
Bitcoin, might be on track for its major "death cross" in 2023 into September next week.
Bitcoin's daily chart is set to print what is regarded as a "death cross," a bearish chart pattern, for the first time since January 2022. Notably, this would be the first occurrence of this type on the daily chart in 2023, with the weekly chart painting a death cross earlier this year in February 2023.
Bitcoin's daily moving MA 50 is set to cross beneath its moving average MA 200, which would yield the dreaded death cross pattern. It should be recalled that Bitcoin painted a golden cross on its daily chart in February of this year, preceding its rise to highs above $31,000 in April.
Bitcoin's death cross is expected to occur in the coming days but probably next week, and analysts are already paying keen attention to the impending crossover.
Death crosses, on the other hand, should not be considered an ultimate signal, as some experts refer to them as a lagging indicator. Furthermore, experience has shown that the Bitcoin death cross is unreliable as a solo signal.
Bitcoin extended its declines after the Securities and Exchange Commission delayed its decision on all spot Bitcoin exchange-traded fund (ETF) applications. Today, the leading cryptocurrency fell to lows of $25,528 last seen in mid-June of this year before slightly rebounding.
At posting time, CRYPTOCAP:BTC was marginally down 0.37% in the last 24 hours to $25,695.
Always #DYOR and Trade wisely by using of # Stoploss, It's #NFA
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Bitcoinprediction
BITCOIN - Ready to move in Bearish Zone#BITCOIN 4hr. Chart Analysis
At Present from last 20 days, CRYPTOCAP:BTC moving into Ascending Broadening Wedge Pattern.
Ascending broadening wedge is one such formation, where its signal manifestation of the ascending wedge pattern in an uptrend, the asset price trend reverses downtrend. Hence, it is a bearish reversal pattern. An ascending broadening formation forms an inverted triangle shape in the price chart.
So that, remember the CRYPTOCAP:BTC historical chart pattern of September always into Bearish trends. Now it's moving towards $22k to break-out one of its strong support of $23.8k soon, may be some chances to take a mini reversal, but it will be not sustainable for long and break-out soon towards 2nd last #Bearish reversal cut-off point at $21.5k-$19.5k soon.
Here, Market Sentiments towards Bearish Zone as well Whaler's are also ready for that too.
So, trade wisely with #StopLoss at this situation of Volatility into market, and always #DYOR, It's #NFA
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#BITCOIN - Still under #BearishZone#BITCOIN 1-Day Chart Analysis
As per daily signals into yearly chart pattern, CRYPTOCAP:BTC moving under Ascending Broadening Wedge pattern from January 2023 to at present and still to be continue....
As per pattern, BTC moving into final downtrend cycle of #CorrectionWave and as per pattern, its final Lower-Low point will be approx. $22.225 and last lowest cut-off point will be $19.5k, if market goes more Bearish.
As per historic chart of last 11 years in Trading of BTC, September month was always under #BearishZone and their will be major chances for this year too,,,,
Lets, see...
What's the next market Sentiments...
Anyway,
Always Trade wisely by using #StopLoss and #DYOR, It's #NFA
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BITCOIN still in Bearish Zone#BITCOIN 1-hr. Chart Analysis
As per present cycle of Descending Broadening Wedge Pattern of CRYPTOCAP:BTC , soon it takes a little pump up to $25.5k to $25.7k but as per complete cycle of Bearish Pennant Pattern it will be declined for uptrend cycle and goes towards $24.5k to $23.5k soon with another Dump into market and may be it will happening into next 2-3 days.
Always #DYOR before investing in #Crypto and Trade wisely by using of #StopLoss
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Looming 📉 24th Aug - 28th Sep Btc could test support 26700 -- 27600 if sustains then possibly it could bounce to 29700 within dec
If rejection happens from 29700 then 📉 📉 it could crash to 8500 ( April 2024) marked in the chart
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Bitcoin - Important Support and Resistance LevelsI 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 :)
BITCOIN soon under Bearish ZoneBITCOIN 1-day Chart on #BitStamp
This chart pattern show out the movements of 3-month cycle as per daily analysis from dec-2022 to Nov. 2023 of 1-year market trends. Into every 3-month cycle, CRYPTOCAP:BTC downtrend divergence by Falling Wedge Pattern.
Market need a big correction, ad first Lower-Low divergence will be FWB:27K - FWB:25K , and if market goes into hard FUD/FOMO impact, then its Last Lower-Low cut-off point is around here.... $21.5k to $19.5k.
Always #DYOR, Trade with #StopLoss, It's #NFA
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BITCOIN - Halving'20 to Halving'24 Price Projection#BITCOIN Weekly Chart Analysis
Here in this chart, I calculate CRYPTOCAP:BTC value at previous Halving time with their Last Lower-Low Cut-off Mark was $3.9k on March 2020 while Last Halving on 11 May 2020 with BTC Value on that day was $9.8k and First #ATH was created after Halving around in 11 months with $63.5k Mark Value.
Now same as per previous patterns, if i will follow it-
The upcoming Last Lower-Low is around $21.5k to $18.5k around Sept-Oct. and around Halving time of 11 April to 11 May 2024 its Value reach approx. $45k-50k and Next #AllTimeHigh will be create around Feb-March 2025 approx. $120k-$150k and then a Break-down comes and the final #ATH will be create around Nov.2025 to Jan. 2026 with min. $180k to $220k and max. $240k-$280k approx. as per Previously created Parabolic Chart View of Bitcoin Price Projections.
Always #DYOR and Trade wisely by using #StopLoss, it's #NFA
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Bitcoin Will Breakout $29k SoonBITCOIN 2 hr. Chart Analysis
As per present movements of CRYPTOCAP:BTC under $31.5k to $29.5k from 14 July, it will be major chances to break out this pattern into another lower barrier of FWB:29K soon and goes towards $28k up to 25-29 July as per previously given dates by myself too for another Downtrend cycle of BTC range of FWB:27K to $25k.
CRYPTOCAP:BTC also following the pattern of Bearish Parallel Channel Pattern, that's why it will be major chances to break out of this pattern, either into 25-27 July or up to 27-29 July.
Lets see, what's the next movement, and how much it goes deep in bearish mode, but market scenario and public sentiments will be again very much under Bearish mode.
Always #DYOR and Trade wisely by using #StopLoss, It's #NFA
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BITCOIN breaks below $30k at 4-timesAs per 15-min to 1 hr. chart trending's..
#BITCOIN breaks 4-times below the $30k mark now in 24 hrs. and it's the most bearish signal for next below break-out target towards FWB:29K soon....
Just be pre-pare...
Whalers are Ready to manipulate market again...
Trade wisely by using #StopLoss and always #DYOR
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Bitcoin Chart for Today's Future tradingKeep and eye on this resistance. Breaking above this line will help Bitcoin to exit from this consolidation and stay bullish
Bitcoin 15 min chartWait for the price to touch the trend lines drawn below. See how the price reacts to the trend lines, accordingly open your positions
BITCOIN at Descending Broadening WedgeBITCOIN 4 hr. Chart Analysis
As per present CRYPTOCAP:BTC movements in Descending Broadening Wedge Pattern, that starts from last high of CRYPTOCAP:BTC on 22 June at $31.25k, its finishing point is around 12-15 July and it will be the last time next ATH of approx. $32.8k to $33.3k and get reversal very fast towards FWB:29K -$30k, before $33.5k mark that is another strong resistance & Support of previous timings.
Also, as per FIB extension move, it will be rejects once in July to for Bearish Zone and up to august Bitcoin goes in Sideways, while Altcoins will be start to performing well this time.
Always #DYOR and Trade Wisely with #StopLoss
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BTCUSDT SHORT 15 MIN ENTRY @3025
SL @30353
TGT@30010, 29800, 29540 +
After a SL in long entry previously I have taken a short position as per my setup post retest and a breakdown of support. There is also a bearish crossover and it is below 0 level so let us see if this takes a SL or target. There is no shame in taking SL for me as I know my setup gives me a 1:5+ ratio in trades so I do not mind taking SL 5-10 times straight. I tried taking trades on 5 min they work on BTC but now as 15 min or 1 hour. So from next time I will try to trade only on 15 min min frame ignoring shorter frame of 5 or less in Bitcoin.
BITCOIN BULLISH STRUCTURE 1 HOUR 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 + in every trade I take.
Bitcoin at a key pivot level on the daily chart Bitcoin took support at the neckline of the head and shoulder pattern and now is back to the former resistance levels from where it fell. This is a key pivot level and any break above this will open up a substantial upside for the crypto currency. We have also been getting a good rally in the equities and is there now a case when the riskier assets are being favored? There is the powell testimony today and that will move the counter for sure. But for now and from a technical perspective this rally on the daily chart means the uptrend is intact and that we are more likely to get a breakout than get a breakdown from here on. So wait for any break above the level and then go long.
BITCOIN at Broadening Wedge Top PatternBITCOIN 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.
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