Just my view EURUSD, long if it's taking support, short if the price breaks the support
As 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,...
Try long entries when we hit the support (green zone) and wait for confirmation before entering. Analyse the chart, Look at the Fibonacci levels price reversed at 61.8% exactly. We can see the next support was also at the same level.
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!?...
If the green zone breaks the price, then more down movements possible, if it's taking support again in this area the next target is red supply zone
Bitcoin 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...
The 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...
If 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...
⚠️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 ⚠️...
BTCUSD is looking for long and formed larger flag with mass psychology within it.
Might happen because we are continuously creating new lower lows
So as you see on 4H there's CHoCH so I created first POINT OF INTEREST { POI } for long and now waiting for Mitigation so I placed an order for long! But then we saw a rejection on 16FEB23 21:30 with big candle and small body. Next day on 17FEB23 1:30 another HUGE RED CANDLE so I have to mark POI so I mark another POI and wait for Mitigate. MITIGATION means we...
Consolidating in the yellow zone for six days expecting a breakout or breakdown. I'll update the idea when it is active.
Bitcoin saw a 5% correction as a result of the rising wedge. In the 4h timeframe, $BTC has been trading in this range (channel) for the past 41 days and has the potential to touch the channel's bottom trendline as well as the top trendline. If $BTC breaks out of this channel, either up or down, we could witness a significant move. Meanwhile, if you want to trade...
Recent golden cross on daily timeframe, consolidation over 200,50 and 20 daily EMAs and price compression just below strong resistance. SL: 21200 TP 1: 31200 DISCLAIMER: not a financial advice, just personal perspective of the market published only for entertainment purposes.
Bitcoin faced significant resistance from the crucial psychological mark of $25K during the past week. Due to the pullback by the resistance mark, its weekly performance is facing a loss of approximately 6.00%. MA-10 has faced multiple negative crossovers against both MA-20 and MA-50, respectively. It suggests that BTC is again entering into bearish sentiment....
Bitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the...
$BTC has previously made three attempts to break the liquidity box but was unsuccessful in doing so. A rally to 29k can start with a close above 25.2k. Normally, it takes 4-5 solid volume attempts to crack a box like this. Not a financial advice Trade at your own risk