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
Short squeeze in play. As long as sub 40k (39500s) hold, this has a high probability of playing out. We have a lot of trapped bears looking to exit lower (at B.E), but we have this opp. to squeeze them more and potentially touch the comfortable shorts too. NFA, DYOR. Don't short unless you are scalping. Good Luck.
BTC is moving towards 39600. Keep an eye on day closing candle
As highlighted in whight tint, looks like iH&S. You know the targets. Watching it to play out. Y'all views appreciated.
Hello traders, this is a detailed analysis of bitcoin. some important levels and patterns that might help you to know where it can go. BTC is very beautifully respecting the levels and hoping it to respect them further. last time bitcoin fell around 53% and the same correction was being done again. history can repeat and maybe it can start it's bull run again....
If the trendline breaks on upside there will be a high probability that it may go up...🚀
Divergence occurs when the indicator fails to imitate the pattern on the price chart, a sign of trend weakness and likely reversal. In an up-trend, if the price makes a new High (a higher peak than the last) but the indicator fails to do so, that is a bearish divergence. You can see the supports that can resist the price fall However, 30k is strong support...
Targets and stop are on the chart. make sure you set your stop order! ENS can make 3x from here in long term. good luck.
This looks a bit scary on the technical basis as you can clearly see an Double Bottom Pattern and that also on a Monthly timeframe so. Moreover you can see The Hilega Milega Indicator is also very bearish as its showing a bearish divergence which is really scary. It is slightly tense to look at the chart of BTC. However we have to see whether the price will follow...
Bitcoin has broken a crucial support zone in this crypto crash. BTC should take support at $30,000 which can be a good accumulation zone. Avoid buying at every level and focus on price action.
Most Probably this will be the last dip for btc and it will start moving in uptrend towards $72,000 follow erkaranarora on all social platforms
In the middle of 2021 we can see a pattern of price and RSI (indicated with numbers and ellipticals). It's just a pattern, I hope this analysis be right for all who own btc usd. "When touches white line, time to buy". NOTE THE SIMILARITY! This is an updated chart I published 29/12/21 (see link to related ideas).
Detailed analysis on Bitcoin based on TD-9 sequential, trendlines and pattern indicators provided in the chart text.
Bitcoin has been above 40k for 5 days now, still making some bullish candles. I'm targeting for 45k zone. Might see a fall from there again.
⚠️ Bitcoin Analysis Please note that this analysis was copied with his permission from >>> TradingLamp
triangular pattern can give an up move. every swing is market as a target