Btc!
Let's not be Bullish for BTCDon't Panic
It's just the Recession 2022.
BTC is starting to go bearish from very first week of next month or anytime soon.
Hope you clear all your positions & be patient.
Wait for BTC to make it bottom and make an Entry.
Grab your Golden Opportunity.
Let's not be Bullish for BTC - WITH SUPPORT LEVELSDon't Panic II It's just the Recession 2022.
BTC is starting to go bearish from very first week of next month or anytime soon.
Hope you clear all your positions & be patient.
Wait for BTC to make it bottom and make an Entry.
Grab your Golden Opportunity.
$BTC Daily update$BTC $22,750 support in effect the long awaited! Bearish pin bar on daily candle yesterday. $23,197 initial resistance from here, if broke below $22,750, it will become hard resistance. Watch $22,379 support.
BTCUSD : Looking for shortBTCUSD is looking short opportunity after having impulsive break at 23500 and now expecting to move to the downside at 17k
$BTC Daily update$BTC Looks like calming down on 1D time-frame with neutral close yesterday. $23,713 support holding. Last 4H with bullish engulfing, if played out $24,690 can be retested. $24,129 resistance in effect.
BTC/USD - Weekly OverviewThe past weekly price performance of Bitcoin was witnessed within the rising channel pattern. The world’s largest cryptocurrency is moving within the bullish pattern since the previous month suggesting a strong build-up by the bulls
However, during the past week, the price level regularly tested the lower base of the pattern suggesting profit booking momentum alongside. On the moving averages. MA-20 is providing strong support while residing at around $23.9K. Any breakdown below it can result in bears coming back into the scenario
The RSI level is also maintaining strong sustainability above 50 but is being regularly tested. For further emphasis, we have used DMI which reflects upon the prevailing sentiment. A positive crossover of ADX against +DI is witnessed on the chart which suggests -DI has some room to increase the negative sentiment.
Overall, BTC is currently being traded at a critical level wherein it needs to find sustainability and positive sentiment to carry forward the bullish momentum built over the past month. The resistance levels can be placed at $25K and $27K. Whereas, support levels can be placed around $23K and $21K.
$BTC Daily Update$BTC in wicky mood, Bearish close from Sunday on 1D chart followed by another bearish close yesterday, $23,713 support in effect, gave you $23,479-$24,969 moving range last Saturday and still remains in effect, $23,479 could be tested today.
BTC/JPY - weekly Analytics + Altcoins 15.08.2022Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 3286900. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation.
Altcoins:
Tron also continued to consolidate, which indicates the levels formed by a major player to gain a position, after the final break of the correction we expect the acceleration of the trend.
BTC/USD - weekly Analytics + Altcoins 15.08.2022Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 24.450. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation.
Altcoins:
Tron also continued to consolidate, which indicates the levels formed by a major player to gain a position, after the final break of the correction we expect the acceleration of the trend.
$BTC Daily Update#BTC Mighty bullish engulfing on last 1D close with bullish pin bar, Last 4H with very good climb above $24,690. $24,969 resistance retest possible. $24,690 acting support as of now. $23,479-$24,969 moving range for now.
$BTC Daily Update$BTC As expected $24,690 tested, new resistance recognized at $24,969. $23,713 support in effect with $24,129 acting as initial resistance. 1D close hella bearish failed to follow thru on bearish engulfing from yesterday. Weekend could see $23,197-$22,750 come in effect
$BTC Daily Update$BTC Moving towards $24,690, Last tested on 30th Jul, Perfect bullish engulfing on daily time-frame. RSI on 1D 4H and 1H just below 70, still have some strength to take it towards $24,690, Today's daily close will determine if Bullish engulfing will come into play.
$BTC Daily Update$BTC Finally what I've been waiting for $22,750 support in effect. Last 4H close with bearish engulfing, Watch $22,750-$22,379 support.
BTC/USD - Weekly OverviewAs previously suggested by our team of analysts, Bitcoin is moving within the rising channel pattern marking higher highs and higher lows. The pattern also represents positive sentiment present in the overall market conditions.
Considering moving averages, MA-50 is showcasing a positive trend on that chart and had provided support to the price level on multiple occasions during the past couple of weeks
The MACD level is also looking at the potential to have bullish crossover which can further result in more positive momentum for the world’s largest cryptocurrency.
The RSI level is also backing the hypothesis of a positive trend as a sharp positive bounceback is reflected on the chart. The current level is residing at around 62.10.
Overall, BTC has developed strong sustainability around $22.5K and $21K. If the positive momentum continues to sustain, it can face resistance at $24K and $25K respectively.
Btc daily TF If btc ables to hold 50 SMA on daily time frame, we will see a good rally. Lot of confluences near 21k to 21.8k.
At Fib. 618 is where I am lookin for long..
If bear flag breaks 13k is possible which will kinda destroy overall market cap.
BTC to the moon!!After a tough consolidation BTC is here making a falling wedge, about to take off!! This consolidation is near a major resistance so that makes it even more important. lets hope it gives a relief rally to all the BTC fanboys out there!!
$BTC Daily Update$BTC $22,750 support holding good, $23,713 attempted again yesterday. $23,197 being retested right now. Last 1D close with bearish pin bar, been warning of possible $22,379 support test which is becoming more and more likely as we move through this week. Watch S/R areas 👀
BTCUSD : Looking for Short!BTCUSD is looking for short opportunity after forming corrective formation & has potential move to the downside.
btc long Ascending Broadening Wedgethe day time frame we can see an Ascending Broadening Wedge its a bullish pattern soon we get support from here market will go to 29k
$BTC Daily update$BTC HAHAHA! 😂😂😂 $22,750 being tested, if you shorted you made some 💲💲💲. Last 4H close looks bearish with engulfing but 1D close with bullish pin bar. Could hold $22,379 if dipped for a bit with fakeout, $22,750 support looks good.
Bitcoin Rising wedge patternAs mentioned in comments of my previous idea, Btc daily chart has formed a rising wedge pattern which usually breaks down. At around 22400ish will be the support level to watch. If that holds on daily the original target of 28850 will be intact. If not, the support of 19150ish may be tested.
