Bitcoin has just been rejected from its one of the major support zone on 4th dec. now it’s at a major resistance. We can wait for the breakout if resistance.
Bitcoin forming descending triangle in 1 hour chart. If it breaks out in this bearish scenario we can reach the bottom of the channel.
lets see... i am made this chart according to previous -$10,000 dollar dump recovery on 21st of August 2021
This crypto has broken out with good volumes and could Retest in daily candlestick chart, and may rally further. It is a small cap and the markets are showing signs of weakness. so this trade is of high risk and due caution is advised. Risk Reward Ratio - 2:1 SL placed below major support and below trendline. Target is placed at twice the stoploss.
Bitcoin Dominance to head going upwards soon. Alts not going to perform nicely.
bulish case for short term in BTC technically it should go up and grab those liquidity and fill the imbalance
Let me start by saying that we've never had this type of monthly chart on the Bitcoin (BTCUSD) trading pair. In the past, each time an All-Time High was hit it would always, without exception, be followed by a long-term correction before prices continue to grow. This time around, we hit a new All-Time High in April 2021 and after only a few months a new All-Time...
BTC Breaks below a trend line. Short for the target of 45710 with a stop loss at 59910.
Here you can see that there was a rising wedge pattern on daily time frame for BTCUSDT which broke down nicely and currently is at support line. This is time to buy. There is falling wedge pattern on daily time frame which is yet to break out. So, trade accordingly. I think it is a bullish divergence. You can see why my analysis is so accurate by analyzing RSI...
These was a possible reversal from the Fibonacci Circle, but shall we consider it as a trap? I'm still bearish on bitcoin, what are your views? The Microstrategy buying bitcoin news did pump the market. But, shall we consider it as a trap, or it is a good sign to buy the dip? Well, according to Fibonacci, the 3.618 level of the circle are possible reversal zones....
BITSTAMP:BTCUSD wait for perfect reversal for swing trade. trade as per your trade setup.
Bitcoin has been dumping since a few weeks now but the dump is not over yet. I'm expecting btc to bottom at 49.7-49.2k range. This can happen today, or within the next 7-10 days. Do not open any longs. Market is good for shorting. Dump is inevitable. Note: This is not financial advice. Your money - your loss. See my bio and follow me for more such analysis,...
Bitcoin is moving below EMA100 on bearish momentum for the first time since May. Hit LIKE to start reading now and let's get started! When Bitcoin moved and closed below EMA100 in May, we had the strongest correction of the year. Now, Bitcoin going below EMA100 can signal that something similar can show up. We have bearish indicators. The MACD is below zero...
Huge div on weekly Consolidating since june S/R flip started on 4hr BTC consolidating and ETH breakout , gives good risk on alts confirmation.
Important levels in Bitcoin at the moment. Price breaking out of the green diagonal trend line would be very bullish for alts in the short term. Upper yellow line at ~$64,000 is the big resistance. A break and close below $55,000 is when things start to look a little dangerous.
One more reason for BTC to be bullish in upcoming month as you can see in the chart BTC Monthly RSI sitting above trendline support for more update check links in my bio
Buy GXSUDT CMP 3.53 Target 5.5$ to 6.50$. GXS given breakout of the multiyear..possibility of going up is very high.
Bitcoin Price Forecast - BTC Price Prediction and Technical Analysis. You need to watch both the trend lines for btc next move. if btc break the lower trend line then btc can come to $39600 and if it break the upper trend line then btc can goes upto $70,000