I think BTC might come to test to the 42000 support, and then it will go to the moon. one thing to notice, there is a RSI divergence in daily chart, which signals that a pullback may occur.
Cup and handle breakout in Bitcoin.. Now it will reach 60000.
Triangle pattern in BTC/USD. will reach again 60000 level..
When bad news hit the crypto market, bitcoin started crashing. So I used Gartley's bullish harmonic pattern to find out possible reversal. It happened to be successful. Now I've used a bearish butterfly harmonic pattern to find out possible upside targets. If on the upside Bitcoin manages to close above 59K for the day, we could see the next targets.
Bitcoin is showing real strength. MACD BULLISH crossover is happening too! back in its Triangle shows the BULLS are in charge now! Still see my previous BTC analysts for a caution warning about the whales sell zone! LIKE and FOLLOW if you agree.
BTC will fall down soon to 42K. BTC forming bearish Diamond Pattern on 1W Chart
Is Bitcoin Bulls are Back In The Game
What is an ‘inverted cup and handle’? An ‘inverted cup and handle’ is a chart pattern that indicates bearish continuation, triggering a sell signal. Think of it as an upside-down cup and handle. If you look at the regular cup and handle pattern, there is a distinct ‘u’ shape and downward handle, which is followed by a bullish continuation. This means the inverted...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
Decisive Point 0.28670 , if breakout with volumes and stabilized above purple zone 1st Target 0.38218 2nd Target 0.44856 The long and (the) short of this recent Crypto Crash As I mentioned in my Multi Year Analysis, I am Bullish for Cryptos Segment for coming 3-5 Years, My Long Stop loss for BTCUSD is 15K-19K on an average till then nothing can harm...
If you think Bitcoin had reached bottom, then you should look for wave 5 on daily TF. All analysis is for educational purposes and not for actual trading.
Bitcoin Looking For Short Opportunity in 1H Time Frame REASON: Multiple Rejection and Then Breakout, But It Didn't Sustain and Break the Support and Retested The Support. Note: Also, Keep It Mind that trust no one makes your own analysis
RSI is following descending channel on daily chart.
After long time of downtrend, BTC breakout the falling wedge bullish pattern in short-term but, still beware of whales dumping manipulation!!
$BTC|USDT Once Again, BTC Got Rejected From TrendLine Resistance At 38500$ (approx.) Also Breaking Down The Support Level At 36500$ (approx.) Flipping It Back To Resistance, Approaching Towards Next Support i.e., 34500$.... If 34500$ Support Didn't Hold Then , We Likely To See a Free Fall Towards Liquidity Raid📉With A Possible Long Wi
As per the Dly chart of BTCUSD, A Bearish Pennant Break Down can be seen & a further break down below the next support can lead to further downside. Keep Watching.
Bitcoin holding great @ support AREA & created again inverse H&S PATTERN, but rejectiing aswell @ 40k resistance..!!