Bitcoinprice
BTC INTRADAY SETUP - 08 OCT, 2022#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: Medium
EXPECTED SCENARIO:
$BTC is again bearish on Intraday. Expecting it to consolidate today.
BULL CASE:
In case we cross INTRADAY FLIP LINE(19600$), only R1(19750$) else R2(20000$), will be tested.
BEAR CASE:
In case we stay below INTRDAY FLIP LINE, S1(19300$) else S2(19050$) is the support and hold today.
NOTE:
On higher Timeframe, BTC is failing to even go to 21500$ zone. Let's see if 19000$ holds.
On downside, 18K support should not break else a dump to 14K$ may happen..
Bitcoin consolidating in a box pattern.Bitcoin on the weekly time frame has given a bearish moving averages cross over and has been consolidating in the previous weeks range. The market is consolidating in a Box pattern.
The market are in a bearish trend as Dow has broken its 29000 level after taking resistance from its weekly 20 ema and closed below its 200 ema.
Global markets are negative and the crypto markets follow the similar trajectory of the US market.
Coin, on the daily time frame, is taking a serious rejection and is constantly falling after getting rejected form the 20 DMA.
It has been consolidating in a narrow range of 1.5-2% for three days. It has given fake outs on both side but couldn't sustain above/below the levels.
On the hourly time frame, it is trading between 20 and 200 ema.
Support :- 19290, 18870, 18600
Resistance :- 19630, 20000, 20330.
The price range from 19290 to 19630 is a no trading zone.
A swing or intraday trade can be initiated if the price sustain above the levels on the 60 minutes chart.
Wait for the price action near the price levels before entering the markets.
Let's see BTC is this a wyckoff again?Hey everyone
I Guess everyone is looking for the btc bottom but when we extend the charts we can observe something cool
we can see btc forming wyckoff Accumulation and we just tested Resistance line above AR now we are moving forward towards ST in phase b
IMO we still have to wait for october to november for the start of the bull rally
Big Move In BITCOINBINANCE:BTCUSDT
AS PER MY VIEW
There can be a big move in bitcoin. Bitcion has reached towards its crucial levels.
IN bitcoin it has made a head and shoulder pattern.
If bitcoin breaks the level toward downward then a big fall can come in bitcoin,
and if bitcoin stops and sustain here and take support here then be ready for a big bullish move or a new high.
Bitcoin trading in a triangle.Bitcoin trading in a descending triangle formation after fall.
It has been consolidating in a range after failing to hold its 20 ema on weekly chart.
Bitcoin has recently tested its weekly 200 ema has is consolidating just above it.
There is a resistance and a support which has been tested many times and once broken can give nice targets.
Support :- 27100, 28650, 28500
Resistance :- 30500, 31800
The coin is silent for half a month.
Watch for the price action near the triangle breakout.
#bitcoin #btcusd
#BITCOIN USDT CHART PATTERN #BITCOIN USDT CHART PATTERNS FIFTIN MINT TIME
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BTC Big PictureHey Traders
I am today sharing my big picture of btc in upcoming days.IMO 20k level is key level zone now and Price will Definetely going to retest That zone or channel Market Gonna reverse from around october of this year and in next year we are going to make a new ATH i Mentioned the key levels hope Everyone find it helpful
Stay safe
Bitcoin respecting the trend line.Bitcoin has been respecting a trend line and is taking support from it.
The coin is trading around its 20 ema on 15 mint time frame.
Support will be the trend line. Let the price trade below the trend line or breaks above the level of 38810.
On daily time frame, it’s forming an inside candle.
Support :- 38100, 37700
Resistance:- 38810, 39270
Wait for price action near the levels for entry.