Btc!
bitcoin major support , major resistanceremember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
!thanks
Bitcoin chart , direction is clearas the upper line is working as a trend line for btc but not along with its range as the ends the market will move against the sentiments,
beware with your trade the fluctuation will not be slight , it would be highly volatile
for further details
stay connected and stay tuned
thanks!
Massive Drop Incoming | BTCUSDT 🔻🔻According to the 1D chart, it appears that the market is currently trading within a range, and there is a high likelihood that a drop in price will occur in the next few days. Market is being manipulated by market makers to liquidate new traders and earn profits from their losses. Therefore, it is important to not be deceived into thinking that the market is currently experiencing a bull run, as it is actually more likely that we are in a bear market.
#bepatient #drop #25k
BTC Pure Manipulation | Target 25k..#BTC has been rejected three times at the 28.6k level, indicating a strong likelihood of a significant decline. It is advisable to maintain short positions and refrain from making impulsive decisions, as this appears to be a result of market manipulation.
#staystrong #trap #BTC
Btc short position with supp & resis always see trade opportunity in short time frame like 4hr 2 hr 1hr for the confirmation and keep eye on larger time frame to see the movement
As we talk before, i see some short opportunity and taken a trade mine target was 25250 and 200MA, where i took some spot trade here you can see spot trade opportunity see the link below
BTC/USD - Weekly OverviewThe world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level.
However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level.
The RSI level also showcased its negative nature while residing at the level of 36.72.
Overall, the support levels for BTC can be placed at $26K and $24K. While the resistance levels can be placed at $30K and $32K.
BTC bitcoin big cycle ABC waveBTC bitcoin big cycle ABC wave, the green line is the trend line is the target position of C wave rise, the vertical line is the time period of arrival, three waves ABC, A wave rises, B wave falls, C wave soars, and the long line is mainly back to the highest in history Nearby, and broke through the highest point in history, and finally rushed to a record high of more than 100,000. The volume of C wave can be enough to rush to a position close to 200,000. The surge of C wave will definitely hit a record high and break through 100,000.
Btc analysis & spot entry with supp & resis, fib retrac daily TFAs we approach the FOMC meeting tonight, there is a possibility of a negative impact on the market if the Fed decides to increase interest rates. In this scenario, we may see an opportunity to enter the BTC market at lower levels.
Looking at the daily time frame, we can identify key levels of support and resistance to inform our spot entry strategy. Specifically, there are marked spots where we may consider entering the market. Additionally, there is a Fibonacci retracement golden pocket that serves as a potential support level.
However, it's important to note that if the 20 MA and 50 MA fail to provide support, we may witness a downward trend towards the 200 MA. As such, it is crucial to keep a close eye on the FOMC meeting as it may cause significant volatility in the market over the next few days.
In summary, our analysis suggests that there are several opportunities for spot entries in the BTC market on the daily time frame, with potential support levels and a Fibonacci retracement golden pocket. Nonetheless, market volatility may increase in the coming days, and we should remain vigilant for any signals of downward momentum.
WEEKLY BITCOIN WE ARE NOT...BITCOIN's all time High on 08Nov21 @69198..7
Bitcoin extreme POI is not mitigated yet!
We can see a couple of HIGHS as well if we see High in Descending order we can see the yellow colour represent the third high @32446.5
Once the Price Breakout the third high after that we can say we are in BULL MARKET!
WE ARE NOT IN BULL MARKET YET!!!
BULL TRAP!? BINANCE:BTCUSDTPERP
CORRECT ME IF I'M WRONG!
Bitcoin BTC daily trend line cycleBitcoin BTC daily trend line cycle, the red line is the bottom in the past, breaking the previous support and turning resistance is the position where it will rebound and rise in the future, the vertical line is the future top date, the red hammer is the future top price, and the green line It is the top of the past. Breaking through the previous resistance and changing to support is the position of stepping back on the support now. It has successfully stepped back on the support in the short term, and it has belonged to the breakthrough trend line in the past. When the trend line is broken, it is bullish. When the trend line is stepped back, it is the last up The opportunity for the car, now the opportunity is in front of you, others are afraid to be greedy, and are ready to start a long-term bull market.
BTC/USD - Weekly OverviewThe past week for Bitcoin turned out to be fundamentally negative as crypto-friendly and related banks collapsed. However, at the time of writing, the world’s largest cryptocurrency showed symptoms of recovery as the weekly loss stood at just around 1.00%, even after suffering a dip below the crucial mark of $20K.
On the Fibonacci retracement table, the 0.5 FIB level acted as a strong support zone for BTC while it currently faces resistance at the 0.786 FIB level.
Technical indicators including the RSI and MACD have shown significant build-up for a positive bounce back.
Overall, BTC is facing resistance at $23K and $25K, while the support levels can be placed at $20K and $18K.
Btc analysis bearish divergence on its daily TF with sup & resisIf we compare BTC's current ascending chart pattern to past patterns, we can see that for an upward trend, we would need a powerful rally to break the upper trend line. However, when we look at the RSI indicator, we see a bearish divergence, as the graph is going down while the price is going up.
Therefore, it is important to keep an eye on the RSI as well. If the breakout goes down, I have already marked some areas where you can enter the spot if you choose to do so. I am also attaching a chart to show the reason.
Bearish divergence
A bearish divergence occurs when prices continue to form higher highs (typical in a bull market) while your oscillator (in this case an RSI) is forming significantly lower highs (indicating weakness in the trend.)
Please let me know if you would like me to clarify anything further
⚠️ this is my personal TA ⚠️As we can see head & shoulder patter formation on weekly chart as we r in down trend it is possible BTC reach unexpected lows so be careful trade according to Ur TA 🙏
i am sharing it as per my knowledge
i hope it may help someone
and if someone interested to share there ta with me they can
because I believe in sharing knowledge
Yours Lovingly SAK
Warning ⚠️ Caution
i am not whale or Bear of the market
this is my personal TA don't follow me at all