Pivot: ~19968 | Support: ~19729 | Resistence: ~20610
$BTC Told you $19,535 retested as expected. 1D Close bullish and last 4H too but unable to follow thru, $20,338 resisting. $20,338-$19,535 Moving range remains in effect.
Pivot: ~20111 | 1st Support: ~19374 | 2nd Support: ~19420
here Btc is forming a round bottom which could be a good place to accumulate.
my favorite two MA on higher frame tell a good story. Prepare to sweep lows.
Pivot: ~19976 1st Resistence: ~20411 2nd Resistence: ~21011 Support: ~19374
$BTC $20,338 continues to resist, last 4h close with bullish engulfing. Today's daily needs to be closed above $20,338 for bullish close. Attempt to test $20,812 yesterday failed, continue watching given S/R areas.
Pivot: ~20328 - 1st Resistence: ~21128 - 2nd Resistence: ~22702 - 3rd Resistence: ~23511 *Probable Pullback: ~20074
$BTC $19,535 held and bounced back towards $20,338 which is currently resisting. $19,894 current support. Last 1D close with bullish engulfing signaling possibility to test $20,812 resistance. Continue watching given S/R areas.
Hello Traders, Hope you all are doing good!! I expect BTCUSD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
BTC was trading in a bear flag from a long time and now we see that it has broken the support and currently trading around local support of 19500-20000, we may see more fall towards last time low 17600-18000 level, if BTC holds this major support then we may see a bullish sign, or more downward movement to 14k maybe seen.
The overall market conditions are falling into the bear trap towards the end of August. The past monthly performance of BTC suggests that the upcoming month of September is said to be bearish and the build-up is witnessed during the end of August. Pretty much similar happening in the current market scenario. Moreover, after a negative breakout from the rising...
Given the macro conditions, it feels possible that there's gonna be a rather long cooldown on everything, even after the bleeding stops. A deep cleansing on everything is the need of the moment. If this is to play out, then it might take us 6-7 months to come back to the prices we recently broke down from. That feels like hell, trust me. Time capitulation >>...
$BTC $19,535 support in effect, Key support at $17,999 if continues to drop $17,999 will come in effect, Weekly close bearish with comply follow thru of bearish engulfing from last weekly close. Next support areas if drops further below will be $19,003-$18,529.
$BTC oops😂😂, Warned you two days ago, $20,812 retested and broke. $19,894 Support came in effect, $21,791 resisted and raised hell. 1D close put bearish engulfing of course. $20,812 will turn and resist whenever $BTC changes it's direction towards up.
Bitcoin seems to be forming the rising channel and had a breakdown as well. Price is sustaining below major EMA20,50,200 and also on weekly chart BTC has formed Engulfing candle and also a evening start candle. Looking for the target of 16k Trade safe
btc showing bearish strength and with its pattern and volume going for a short
$BTC Maintaining $20,812-$21,791 moving range, $21,299 support in effect since last few hours, Another bearish 1D close, $20,812 still at risk of being tested.