so BTC followed the projected path! there seems to be one more small push down before some relief is seen. the relief could be a wave (iv) in blue or alternatively a bigger bounce (which remains to be seen that its a bullish reversal or a wave 2 rally only to fail and continue the decline down later). Trade safe!
There is a decent chance we might be here We are in the process of bottoming yes, but when shit hits the fan this hard, this often can be that process. NFA. Wud love it, if this post marks the bottom across the board. Never go full redard #SOL #ETH I am saving my dry powder.
We can see a formation of elliot wave pattern in Btc dominance in the market So we are now in third wave top
Hello Traders, Hope you all are doing good!! I expect BTC to go up on short term after finishing this correction. Short term Buy. 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...
Here I drawn how btc is going to perform in coming days. I’m expecting it to drop to 28k range and retrace to 34k range then hard drop to 24k.
BTC Currently moving in a parallel rising channel and cuurently it is sitting on the lower trendline , I’m expecting a upside move from here upto 31800-32500$ hope btc will not break it downside but if it broke downside than we can see btc falling upto 28800- 27900$. Keep eye on it .
Currently btc is moving in a symmetrical triangle which got break before time lets see if this breakout will sustain or not but if it gets sustain than definitely we will see a huge upto 33500$.
Hey Traders I am today sharing my big picture of btc in upcoming days.IMO 20k level is key level zone now and Price will Definetely going to retest That zone or channel Market Gonna reverse from around october of this year and in next year we are going to make a new ATH i Mentioned the key levels hope Everyone find it helpful Stay safe
Hi traders, this is my bullish bias on BTC, If you watch Weekly TF you might notice that 34.4k was the last imbalance left with an Untested Order Block which was finally mitigated giving an end to the Bearish cycle (This is my personal view & not an investment advice) .. DYOR.. On 4h, now 35.6k is an untested zone and might become an accumulation zone soon for...
The past week continued to face the wrath of bears as Bitcoin traded within the falling channel pattern formed on the chart. The current level is looking at the potential to form a fourth lower high within the downtrend. However, a positive breakout above the 0.382FIB level can be a momentum breaker and bring back positive sentiment for the world’s largest...
I still have reasons to believe that this would be the "worst case scenario" for BTC, unless we get a full blown 2008 style macro crash.
As per my view this is Best Zone to inter for Bitcoin
BTCUSD looking more bearish in coming day.. We are looking target 33000 first then 26000
Looks like it might be setting up for a leg up. Lots of confluence. Can punt this for 50-51k with active wide stop. Good RR. Ready to cut on first sign of weakness. Enter when it pushes a bit. GL
Guess where the S&P 500 index did the pullback ;) and BTC continues to respect the trend line. In context, both the smart money region at the main S&P level (yellow line) as an indicator for the market as a whole and the double support in BTC (trending line + S1) are examples of entry points with excellent risk-return ratio.
Valid, If BTC is forever If Adoption continues If it becomes a better asset class on institutional levels More than just a speculative layer.
I love traders who accept and know that anything can happen and then strategise. I am just enjoying the roller coaster and swinging with price actions.
BTCUSDT (1D Chart) Technical analysis BTCUSDT (1D Chart) Currently trading at $38740 Buy level: Above $38700 Stop loss: Below $34000 Target 1: $41500 Target 2: $45300 Target 3: $52000 Target 4: $57500 Max Leverage 2x / Spot Market Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts