Weak bullish trend in bitcoinBitcoin is going is high, but volume is decreasing continuously. Its a sign of weak bullish trend.
Market will fall soon !!
Bitcoinprice
Elliott Wave Theory+Strong Resistance.Due to some news Btc has reached its resistanc'e level and u know that there is high chance's of price falling from Resistanc'e price and Btc Price is also forming and pattern elliott wave theory/2Biggest Early Indication Of Barish Price Falling.
Bitcoin consolidation in weekly boxBitcoin consolidation in the weekly box will either break up or break down in the next 3 months.
bitcoin running sideways in briefI hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any trade cause anytime it can move in any direction
institutions are fearless beware of any stupid analysis of people
take your time then dive into trades directly
it will be good for your PnL
follow for regular feeds
find me anywhere
i will provide you the best information and updates of the market
best of luck
stay tuned for further!
@Cryptoxcountry
btcusd buying timebtc broke out of head n shoulder pattern in weekly timeframe after a long bearish run
Bitcoin BTC on the way to $1 millionThis chart shows the historical price of BTC relative to the 'Bitcoin halving' which happens every 4 years. The halving event creates a supply shock as the issuance of Bitcoin to minders is cut in half. The next halving is scheduled around April, 2024 where BTC issuance will be cut from 6.25 BTC every 10 minutes to 3.125 BTC. Reference the law of supply and demand. When will Bitcoin hit $1 million?
Will Bitcoin reach $28K level in March?BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching $28K.
With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing).
Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe.
The next target price is $28300 with stop loss at 21-EMA.
Please do not take overleverage trade in the current scenario.
Note: Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
$BTC Price Prediction$BTC exactly jumped from average weighted buying price from the bull (The Blue and Yellow line) and makes 25% move to the upside. Now it is facing resistance where usually swing traders take profit($23.9k - $24.5k), also MFI retesting the bottoms of H&S pattern trendline and RSI upper trendline also being tested. If $BTC breaks these trendlines and crosses $25.5k area then we may se upper targets as mentioned in previous tweets else it is just a bull trap.
Not a financial advice
Trade at your own risk
BTC LONG POSITION sustaining on strong support, about to break down trendline,
sl and target are given ,
HAPPY TRADING AND GOOD LUCK
Bitcoin make a Double BottomBitcoin make a Double Bottom
The recent selloff in U.S. stocks, particularly in the financial sector, has delivered a blow to investor sentiment. On Thursday, the Dow Jones Industrial Average dove more than 500 points. Other major indexes are also on track to record significant weekly losses.
$BTC Bearish DivergenceIn daily timeframe we can see there is a bearish divergence, which can drops bitcoin in 20000-19000$ range, if played out. Money flow index also in making head and shoulders pattern. We can expect a small leg up to complete H&S pattern and then dump in price. So guys trade carefully.
Not a financial advice
Trade at your own risk
BTC LONG POSITION long buildup is going to complete, waiting for breakout the resistance, another bullish confirmation - ascending triangle pattern II
if trendline breaks, there would be another bearish trade setup II
SL AND TARGETS ARE GIVEN..
GOOD LUCK & HAPPY TRADING
Matic ?? Matic is very good coin i am not questioning it but the way markets sentiment is its hard for matic to break 1.5$ resistance this is something i am assuming what i have drawn in chart it wil be clear if we play level to level
$BTC AnalysisBitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the resistance trend line, after which it would consolidate before starting its next leg up. Weekly closing is one more thing to keep an eye on; I'll provide an update on it tomorrow.
Not a financial advice
Trade at your own risk
Bitcoin Price AnalysisBTC price has been moving in the consolidation zone for 8 days.
If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level.
Note:
Note: Studies are for educational purposes only.
We will not be responsible for any kind of your Profits & Losses.
BTCUSDT forming Adam & Eve PatternMy Prediction is Ready for Bitcoin.
BTC ready to Breakout 25000 $ Resistance.
BTC will see you soon above 28k .
BINANCE:BTCUSDT
$BTC Swing Trade$BTC can go 38k or as high as 42.3K but first a pullback is can happen as 27.3k-31k is a strong resistance area.
Not a financial advice.
Trade at your own risk.
Bitcoin Bullrun 2023Bitcoin Entered in Bull Market . Congratulations
Bitcoin candle close above $24000 resistance .
This time it is different or is it the same?The two graphs seem similar in nature.
The question is will BTC follow the same trajectory as that of 2019 before the major bull run of 2020-2021 ?
Let us know your views in the comment section...!!!
BTCUSD(Weekly Analysis)The world’s largest cryptocurrency has maintained its positive momentum and accumulated approximately 36% returns in January.
BTC has been in a Bear trap, it had hit its low of $15.5K and took support at the resistance trendline as shown in the chart. After consolidating there for 2 months, BTC shot up to the level of $24K and is currently retracing and trading at $22.9K.
The support to the lower side is present at $22K and $21K while it may face resistance at $24K and $25K respectively.
Ethereum bullish trade Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side .
Hope this analysis will help you :)
Green or Red February for Bitcoin?After a massive bear run, BTC holders saw an almost 40% gain in Bitcoin price in Jan 2023 pushing the fear and greed metric into the “ Greed ” zone. After a strong rally in January, what is next for Bitcoin? In the last 8 years, we have seen a green February for Bitcoin except in Feb 2020. Thus, we expect 2023 February to be a green February for Bitcoin.
Price is above its 20 and 50 EMA on a daily timeframe and is currently hovering near its support at 22800 with the next resistance at 25100. If the price breaks this support, the next support can be found at 20-EMA.
On a daily chart, there is a formation of RSI divergence which is a bearish signal although, we need to keep an eye on other metrics too.
On a 2- hour timeframe, price has fallen below 20 EMA which is also acting as resistance and 50 EMA acting as support. Moving Average Convergence Divergence (MACD) line has crossed the signal line indicating possible price correction.
BITCOIN CHART ANALYSISBitcoin at its Crusial Level
First its going through its parallel channel along with that created Reactangle chart pattern and after Breaking Up Parallel Resistance Or Rectancle Lower Resistance at Same time its Straight forward its Previous Major Resistance of Rectangle Chart Pattern …..
There is more tha 3-4Days Bitcoin Is Cosolidating at Same Levels Breaking Eaither Side will See such Bigg Rally of Bitcoin
