BTC Bullish Pole And Flag Breakout
BTC Ready for more 4000+ Points Bullish Move
Follow Chart for Entry and Target Levels
Targets - 71650 73800 max 900
BTC sustaining above 73900 = NEW ALL TIME HIGH
- Bitcoin is currently trading at 67,100$ not even 20% down from its All-Time High but Altcoins have already retraced more than 20-30%
- I have marked 2 Important Point of Interest and it may help you guys more from a reference perspective to exactly where how much more could Bitcoin fall
- 58,000-60,000 looks like a Magnet to me
- 52,000 looks like something...
What do you think? It's A Double Top Patten Or It's a Big Trap (Bitcoin)
After a Strong breakout of 27,000 Flag patterns with volume. Bitcoin easily achieved the 31,456 level in just 4 days this is a 2023 new High of bitcoin.
📢What is the next movement of Bitcoin?
As is shown in Bitcoin Chat Last Recently when the "Poll and Fleg" pattern breakout there are...
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 +...
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.
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...
Took an entry after a retest as this always works to enter any trade if there is a long candle after its retest so that if our SL is triggered it is always small and enough for us to be confident to enter another trade without any hesitation. The horizontal line clearly points out the supply zone as per my setup. I avoid news, other traders analysis to trade so...
1 HOUR FRAME BREAKOUT. Waiting for retest to enter with a SL of 300 POINTS & 1000 + POINTS target
The longer timeframe higher the patience is. The key to any analysis is the patience and a proper trading plan. Had been waiting for this move on higher frame.
BTC INTRADAY UPDATE:
VOLATILITY EXPECTED : HIGH
EXPECTED SCENARIO:
#BTC should test our SUPPOPRT1 and a small bounce is expected at that level.
SUPPORT1 may not hold today.
BULLISH SCENARIO:
$BTC has to cross our INTRADAY FLIP line to be bullish. which is quiet difficult today.
BEARISH SCENARIO:
$BITCOIN may not hold at SUPPORT1 and we test our...
BZRX showed wonders in the 2017 BULL run, many analysts are still expecting the same to happen. Lets see. Give a LIKE and FOLLOW if you agree with my idea.
Bitcoin Reject 2 Times on major Resistance of $11100 Level. Bitcoin might be $9700 in coming days. First Target is $10500 Second bearish target is $10100 and third bearish target is $9700.
Thanks & Regards
MyRocket7393
