$BTC Daily Update$BTC at $19,535 resistance, $19,327 support in effect. 1D close from yesterday was very good, Needs to follow up on the bullish engulfing from yesterday's 1D close. Needs to break $19,535 and proceed to $19,894 to follow up.
Btc!
BTC CHART After breakdown from the head and shoulder pattern on daily chart bitcoin got the breakdown started and settled at 20k level but we are the time where we are ready to step more down to 8-9k level in the short term 9k is the demand zone i hope the 9k zone will start a new bull wave towards the sky but for now be ready to move down to 9k once we break below 17k level we can see a free fall to 9k level .I HOPE THE BEST.
$BTC Daily Update$BTC $18,529 support in effect, $18,759 resistance in effect. Last 1d close bearish as expected in follow up of bearish engulfing from Sep 20 on 1D chart. Very good attempt at $19,894 which resulted in fakeout. Continue watching $18,261-$17,999 support.
$BTC Daily Update$BTC Last 1D close with bearish engulfing, $18,759 support in effect, Continue watching $18,529-$18,261 support. $19,327 initial resistance from here.
NEW BTC BEARISH FORECASTBTC has been trading lower within the falling resistance boundary from 10th of November 2021 till date.
I expect more down on BTC with the below reasons however FED's decision may change the game anytime, this is why we suggest trading with care, strong confirmations, and minimising risks.
Bearish descending triangle, descending resistance weekly and daily, testing major horizontal support since July, head and shoulders pattern, FED hawkish expectations 21st September.
What to do now?🤔
Wait for the candle closure below the neckline boundary, then our target will be 12k straight.
If you're still willing to buy BTC😄
Wait for the break above falling resistance, after retest then you go long for the target of 22653(previous shoulder), the shoulder is our current residence D1 and if the 22653 didn't hold lower your next target 25194 (unlikely).
$BTC Daily Update$BTC $19,327 support being tested, attempt to gain $19,535 support failed, 1D close very bullish turned down bearish engulfing follow up on 1D chart. Requires to gain $19,894 support to test $20,338 resistance
$BTC Daily Update$BTC Broke $19,327 support dropping towards $18,746-$18,529 support area. Bearish engulfing on daily close with current daily candle looking to follow up. Friday's Bullish pin on 1D gave it a good push to test $20,338 but failed to break out of given moving range. 1W close with bearish engulfing, $17,592 support at risk! #Bitcoin
PNB ANALYSIS 19.09.2022BUY : 39 TO 25
TARGET : 140 TO 156
Reason For Selling This Script :
In this script the price is falling in down trend channel. Now the price is in side way moment once price close above 47 in monthly time frame and the target level given above.
Technical Analysis Used :
Monthly time frame analysis
Down trend channel analysis
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
BTCUSD LONG $30KBTCUSD has has enough of sell side liquidity. TIME for BTC to perform and first target of $30K, if we sustain that we can possibly hit $37-39k by OCTOBER, MID NOVEMBER.
The move will start this week after September 20.
BTC LONG TRADE H4market is in the range and btc created a eq low and on that orderblock there is our demand zone on which btc just landed and made a low on their after taking the above liquidity, so there is high chances that now it can go up!
$BTC Daily Update$BTC Weekend sideways with $19,327 support tested yesterday. $19,894 resisting as of now with an attempt to gain support here. Last 4h close looking bearish, last 1D close looks good. $19,894-$19,327 moving range as of now
BTC Another Bull Run $BTC is on the support level and just made another eq low and it might be forming range because of our previous strong pulse wave for accumulation and distribution... so we can now see another bull run to may be 24500
$BTC Daily Update$BTC $19,894 resistance in effect, $19,535 support as expected come in effect making $19,535-$20,338 range effective. Last 1D close bearish, Continue watching given support and resistance areas.
$BTC Daily Update$BTC $20,338 resistance in effect, failed to gain it as support yesterday. $19,894 support remains in effect, 1D close looks good, no follow up to the bearish engulfing from the day before. $19,535-$20,338 expected range for short term
BTC ForecastBTC PA Forecast
HISTORIC REFERENCE
• 50W and 100W EMAs have collided in past also. Every time they have collided, historically a clear bull run starts within 1 month.
RECENT FIRST TIME EVER EVENTS
• 400W EMA Slope, which was in uptrend since beginning of BTC history is now nearly at 0°, which is flat. We are experiencing this first time ever. There is a very remote possibility that this slope will go and stay negative, i.e., down trend. Most likely it will run flat and then get back to uptrend.
• Never was previous ATH breached. This time it is.
• 200W and 300W EMA slopes are now in down trend – First time ever, a disaster event in the history of BTC.
CONCLUSION
There is very little possibility this disaster spree will continue and give way to next level disaster that will be when 50W EMA will cross 200W or even further 300W or 400W.
FORECAST
Therefore, with high probability, and correlation to past behavior, it can be forecasted that 200W, 300W and 400W EMA will now trend parallel. This means, BTC will derive support from 400W EMA and resistance from 200W EMA and price will range up and down the 300W EMA, as it is currently doing. Price will first try to break 200W around the week of 24th October 2022, high probability it will get rejected and will be back down to derive support from 400W EMA and then again try to breach 200W EMA again at around week of 10th April, high probability it will be successful in its second attempt and then finally try to break 100W and 50W confluence. Once that is done, we will be in a clear uptrend.
This PA also conforms to Wycoff Accumulation Schematic.
The calculations are based on Fib Time, Fib Levels, Exponential Moving Averages and Wycoff’s Schematics.
THIS IS NOT A FINANCIAL ADVICE. Just Physics and Mathematics in action!
$BTC Daily update$BTC What a dump! $19,894 support came in effect at the bottom, Struggling to gain $20,338 support. $19,894 should hold considering last 4h close unless bearish engulfing from 1D close get a follow through today. Watch $19,535-$19,003 support areas
BTC - Possible Bottom Formation in ProgressConfluences
- 400W EMA stands unbreached.
- 300W EMA was successfully recovered last week.
- Yesterday, 20K acted as strong resistance to a huge sell-off.
- Distance between 50W EMA and 300W EMA is now reaching historic "repelling distance".
- Double bottom tap at 18,500.
- Trajectory of 50W EMA is smoothing out.
symmetrical tringle pattern in BTC15MINthis is chart about BTC 15 min in symmetrical tringle pattern in BTC15MIN and that can break in any side movement happen in BTC.
$BTC Daily Update$BTC $22,379 resistance remains in effect, $21,791 as support, 1D close turned bull. Continue watching $21,791-$21,299 support areas, Next resistance from here $22,750.
BTC/USD - Weekly OverviewThe past week had a quick change of sentiments as the world’s largest cryptocurrency is back again above the crucial psychological mark of $20K. The price level did make a weekly low of around $18.5K
Currently, the price level is testing both MA-100 and MA-200. However, the alarming aspect is that MA-50 is still showcasing negative nature which might hint that a routine correction might be on the way
The RSI also supports a similar sort of hypothesis as the level is near the overbought region and can face quick retracement. MACD level has finally started to formulate green bars and broke above the histogram for the first time this month.
Overall, Bitcoin has showcased a positive rally in this month and a profit booking momentum can be expected in the upcoming days. Support levels can be placed at $20K and $18K whereas the resistance levels can be placed at $23K and $25K.
$BTC Daily Update$BTC $21,791 still resisting, $21,299 support gained good. 1 fakeout from $21,791 rejected at $22,379. Support could be tested considering bearish close of last 4H. Last 1D close bullish, watch today's close as it's not looking good as of now. 1W looking bullish.
WAIT FOR THE BREAKOUT ZONEBTCUSD will be bullish after 22100 that is the breakout level.....and if it breaks down below 21300 there will be bearish scenario can be seen.
ETH/USDT pair, Swing setupETH was Fib retrace with 0.5 on weekly frame, Higher High confirmed on Daily Time frame which gives UP swing for coming weeks.
T1 - $2155
T2 - $2670
T3 - $3250
