#BITCOIN USDT CHART PATTERNS FIFTIN MINT TIME
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My name is Ashish. Today I have discusse Nifty and Bank Nifty level's for the intraday player I can analyse Market trend & I can given calls Nifty and Bank Nifty so keep on watching ...
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#btc inverse head & shoulder 1 day TF, if this happen we should come back to 42000 range and get a bounce back.
its just an analysis what pattern shows us.
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...
The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
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Important levels in Bitcoin at the moment.
Price breaking out of the green diagonal trend line would be very bullish for alts in the short term.
Upper yellow line at ~$64,000 is the big resistance.
A break and close below $55,000 is when things start to look a little dangerous.
Bitcoin dumped hard because of Infrastructure bill, ethereum foundation selloff and china fud. The volume was weak since a few days and the pullback which was around the corner finally came. Btc has found support at the conflux of a major support level and the 50-period Moving Average. I expect it to go lower to 100-period EMA and the next support level at 56200...
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
## Technical analysis:
. BTCUSDT was Moving in a Triangular channel then IT had a breakout.
. After Breakout It started Following parallel Channel.
. The price is now Below 50 EMA and 20 EMA.( BEARISH SIGN )
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On 2 Hr time frame, Bitcoin forming a clear inverted Head and Shoulders pattern. Wait for neckline break and possible retest of the neckline. The target can be height of head projected after the neckline.
Please enter only after break of neckline and possible confirmation.
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (55962.75).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (54580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (58343.20).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (48280.40).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
