Looking for short!Bitcoin after having massive rally & has reached target as expected on my previous post, moving on to the current formation has forming ascending channel to make a movement to the downside.
Btc!
CREAM/USDT Chart Anlysis#CREAM/USDT Chart Analysis
- Current Price: $17.50
- Holding strong at $17.40 support - expecting a bounce!
- Target: $24 post breakout at $18.50 level.
- Stop Loss: Any 4H candle close below $17.
#crypto #CREAM #Shib
Movement to the upsideBTCUSD is expecting to make a move to the upside. Expecting target to reach at 40,000
Bitcoin Bearish Pattern So ready for $31500 ?Bitcoin Analysis Update
Current Status: Near Parallel Channel Resistance
Bitcoin is currently hovering near the parallel channel resistance, with a range between $40,500 and $41,000. The recent price action resembles a rising wedge, suggesting a potential bearish move if the $41,000 level faces rejection.
Anticipated Reversal Scenario:
If the price rejects from the $40,500-$41,000 range, we may witness a bearish trend. The initial stop is projected at $37,500, and a second stop at $32,000 could come into play if the channel support at $37,500 is breached.
Key Levels to Watch:
Support Levels: $37,500 / $32,000
Resistance Level: $41,000
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Bitcoin Fibonacci Ring Curve ChannelBitcoin Fibonacci ring curve channel, the different colored curves above represent different support and resistance lines, each line is accurate to the tip of a needle, this channel is mainly the target price curve of the bull market rising channel.
$BTC | 1H: Today Plan:Looking for long setup on $BTCUSDT. $38,000 Sell wall price going to fill. The last leg up is still pending, and I hope spot buyers will popup soon. Lets see!
Previous day:
VAH: $37528
POC: $37212
VAL : $37080
Date: 21 Nov 2023
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Bitcoin Weekly Chart Analysis: Navigating the Bearish LandscapeBitcoin Weekly Analysis: Navigating Market Dynamics
Overview:
Bitcoin is currently navigating a complex technical landscape, marked by a bear pennant on the high-time frame (HTF) and resistance at the upper boundary of a rising wedge.
Bearish Sentiment:
Bear Pennant Formation: Bitcoin is ensnared in a bearish pennant, signaling a challenging market sentiment.
Rising Wedge Resistance: The cryptocurrency faces resistance at $38,500, aligning with the upper boundary of the bearish rising wedge.
Potential Scenarios:
Confirmation at $38,500:
High probability of a downward trend.
Potential Liquidation Wick at $46,000:
A strategic level for liquidating high-leverage positions.
Support & Resistance:
Support Zone: $29,000-$30,000 within the rising wedge.
Resistance Levels: $38,000 and $46,000.
Key Considerations:
Caution Advised:
Exercise prudence and conduct thorough research before making any trading decisions.
$BTC | 1H: Today Plan:Shorting BINANCE:BTCUSDT from $37200. The expectation is that there might be some pullbacks before reaching the $38k level. It's important to note that spot selling is still ongoing. GL!
Previous day:
VAH: $36920
POC: $36500
VAL : $36384
Date: 20 Nov 2023
Bitcoin Chart Update 4H Timeframe#Bitcoin Technical Analysis
Current Price: $37,150
#BTC exhibited resilience, rebounding off $35,500 support, now approaching resistance at $38,800.
Support: $36,000.
Critical Juncture: break below $36,000 may pave the way for a retest of $30,000.
Stay vigilant within this range Parallel channel.
Bitcoin 100,000 trend channelBitcoin's 100,000 trend trend channel, the main target is to reach more than 100,000 US dollars, the green is the rising channel, the blue line is the first target price, the red line is the ultimate target price, the white is the market trend, divided into one, two and three Four or five waves, one wave breaks through, three waves soar, and five waves reach the top. Each wave includes the ABC trend. The above points constitute the conditions leading to $100,000. The bull market has begun.
$BTC | 1H: Today Plan:Looking short on $BTCUSDT. Expecting a small bounce before a potential drop, as the bulls seem weak. Spot BTC ETF third deadline today, Probably won't get approved today. 35k soon. Lets see!
Previous day:
VAH: $37944
POC: $37591
VAL : $36287
Date: 17 Nov 2023
$BTC | 1H: Today Plan:Waiting for the WO to take a long setup on BINANCE:BTCUSDT . The daily candle close was strong, and I expect some consolidation before continuing higher to $38,000. Let's see what happens!
Previous day:
VAH: $37404
POC: $35591
VAL : $35395
Date: 16 Nov 2023
$BTC | 1H: Today Plan:Looking for long on BINANCE:BTCUSDT now. We experienced a dip yesterday and $35,500 Buy wall has been filled. Bulls are gaining momentum, indicating a potential shift towards a bullish trend. Expecting pump towards 37k again. GL!
Previous day:
VAH: $36776
POC: $36411
VAL : $35560
Date: 15 Nov 2023
$BTC | 1H: Today Plan:Buyers actively bidding on every dip in BINANCE:BTCUSDT . This suggests that there is a strong demand for Bitcoin at the moment. Therefore, it is possible that we could see a more short squeeze before the price potentially drops to around 34k. Let's see!
Previous day:
VAH: $35348
POC: $34923
VAL : $34546
Date: 8 Nov 2023
$BTC | 1H: Today Plan:If we see a pullback in BTC on the 1-hour chart, it might be a good opportunity to go long on $BTCUSDT. The price action is still looking strong, and there is a possibility of a short squeeze happening. GL!
Previous day:
VAH: $37458
POC: $37161
VAL : $36720
Date: 11 Nov 2023
$BTC | 1H: Today Plan:Shorting BINANCE:BTCUSDT . Resistance has indeed formed. The crypto charts are showing signs of heaviness, and a short squeeze is anticipated to be followed by a long squeeze. GL Bears!
Previous day:
VAH: $37232
POC: $37131
VAL : $37005
Date: 13 Nov 2023
Reaching at 39300BTCUSD is reaching at 39300 after the seller rejection to make a movement to the upside.
Looking for short!BTCUSD is looking for short opportunity after forming ascending channel expecting a movement to the downside
Bitcoin Large Rising ChannelBitcoin's large-scale rising channel is about to break through the middle track, and the target is to reach the top white line of the upper track.
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XAUUSD | ANALYSIS 1W Be careful with this pattern, sometimes it gives fake breakout and fall, if we get a breakout and confirmation candle we can look for the long position.
