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,...
Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level).
It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500.
On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of...
Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels.
On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over.
It can retest its 20 ema on 4 hour time fame and fall...
Bitcoin has been respecting the resistance level of 44500 and is just below the 200ema.
On daily chart frame,the chart pattern formed near the resistance level will help is confirmation of the movement of the price above or below the resistance levels
The bitcoin is forming a ascending triangle chart pattern on a bigger time frame.
Support levels :- 41980,...
📈 Bitcoin 📉
It has broken out from downtrending trend zone and given first signs of forming higher high higher low. Started forming up upside trending trend zone (this zone is yet to be tested to be strong support zone). Immediate Upside resistance is at 46000 levels. Have to watch how price behave around these levels.
My Personal view :- Price should face...
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...
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...
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...
BTC Dont buy untill it breaks LL LH pattern
Disclaimer: This stock idea is only for educational & research purposes and is in no way a professional stock recommendation.
Please do your own research and consult your financial advisor before making any investment decisions.
Bitcoin is the main pillar for all cryptos, it has made downfall almost 50% from past 2 months (from Nov) onwards, there is a major support zone around $,27000 to $,31000, since it has fallen 50%downside from an all-time high, we can expect 27000 to 31000 this zone can act as a support, this is the right time to invest in bitcoin but will wait for the market...
BITCOINS JOURNEY SINCE DEC 2020 TO JAN 2021
The major cryptocurrency Bitcoin prices has recently slashed from $69,000 to $40,000 in about less then 2 months. Bitcoin was on its peak at $69,000 on November 10th, 2021 and it made a recent low of $ 39558 on Jan 10th 2022, a decline of 42%. However, in last few days it gave a sharp upside movement towards $45,000...
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.
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...
