The past week can be considered as a bullish week for Bitcoin as the price level showcases approximately 6% gain resulting in the positive breakout from the consolidation range. Bouncing back from the support placed at 0.236FIB level, BTC bulls had a positive crossover above 0.618FIB level. The price level had dual testing of the psychological mark of $42K but...
DAILY negative candle , then a daily halt candle and now its ready for another downside move. Wait for 15 mins close below the level
btcusd long entry exit points, proper risk reward, technical analysis, harmonic patters, price action, retracement move ahead...
BTC 1TF : keeping above "41.82$" price likely to head towards 44.3$ else the next shift on the downside would be 41k$ & 39k$ which further keep crypto sentiment downside on coming up week as well....
As expected, BTC traded in a narrow price range throughout the weekend. There was no particular activity on the market, but it is worth taking into account the increased fear in the market. Since if you look at the alt-market, then most of the instruments there sank very strongly relative to Bitcoin. The dominance of BTC is growing, which means that...
Notice how the prices were falling within channel which indicates that the recent sell off in BTC was not impulsive (start of a crash) but likely a correction. Wave 5 is yet to be completed for Bitcoin in the monthly time frame but wave 5 could be truncated if it falls below the recent low of BTC so place a stoploss below 31k as view gets negated at that level....
Given yesterday's wild moves especially post the Fed's hawkish announcement I hold a neutral stance today as it remains to be seen which way the market wishes to lean towards; although to be fair, the signs do look bearish. But anyway we have a system and we trade that. Here's what it looks like: In this chart of Bitcoin I have marked 4 price levels which have...
BINANCE:BTCUSDT swing trade analysis for both short and long position NEUTRAL ZONE 30000 - 35000 works as a neutral zone LONG POSITION If it daily candles closing above 37500 sustain here you can go for long target but make sure the volume of that candle breaks the MA line in volume SHORT POSITION 30000 works as huge...
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 bottom-most price levels is a strict "No Trade Zone". If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the...
BITSTAMP:BTCUSD 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns . 📌 That Dash Line Is Called...
Bitcoin has fallen more than 40% since it made its top. Is it a good time to invest in it or should you stay out of it? Have a look at the video to understand the levels where it would be a good buy. If you like it then please do not hesitate to LIKE & SUBSCRIBE
BTC prediction for upcoming weeks. According to this analysis BTC is going to touch 33k-34k and make it a a bottom. Once it bottoms out it is going to spend few week consolidating within 33k - 45k and then comes the bull rally to reach 70k
HERE is my btc next idea as we are in the bottom acc to me
Bitcoin is already been in a downtrend for the past few days in the lower time frames. It looks like BTC is planning for a major liquidity grab before making the next big move towards the moon. I personally will try to take this as a chance to buy more BTC if it reaches anywhere near 24k to 27k. This is not financial advice. Invest only what u can afford to lose.
In previous 2020 starting btc broke the head and shoulder pattern the same way it is doing right now if it broke the pattern downward we might see btc price easily on 37000 or below but as per rsi we might see some good buying in the $40000 zone.
Bitcoin casual price forecast based on Trend and Time based Fib extensions. Future price projection is based on last cycle Top and bottom assuming similar trend may occur again which might not be the case. It is a casual analysis just to get an idea, not to be considered for actual trading.
Here is my btc chart update must follow for more daily updates on btc