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Here we have the long-term chart for Bitcoin where the last two lows can be appreciated. After the 2017 peak price for Bitcoin at $19,666, we had a 52 weeks correction that ended just above MA200/EMA300 or $3122. Then again we had another peak price in June 2019 at $13,880. This peak was followed by a 37 weeks correction that ended just above MA200/EMA300, the...
Btc is in a upward channel righr now. This is a retracement after the bear rally. A breakdown of this channel can continue the downfall further upto 32k.
Bitcoin is seeing a steep correction. It is a t a critical camarilla R3 pivot support level of 34885. So, if it takes support here then we could see 38322 level. Momentum is not supportive at this time. So evidence of trend reversal is not there yet. But if this support of 34885 is broken, then 29975 (30k) is the next major support (the previous rebound happened...
Observed interesting pattern from last bull rally of BitCoin. Analysis of post Death Cross activity before the previous bull run and predicted the same for the next bull run. As per the Price downfall, BTC already covered the expected downfall of 9108 $. Presently expecting sideways movement before bull run. As per Date Measurement, 16th Feb 2022 is the estimated...
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.
BTC is in a long-term correction which at its current price of around 35000 is almost near its completion.. As the Wave B correction(Up Side) made a new high and gone past the previous high from where the Wave A correction started, BTC can do one of two things to complete C Wave Correction.. (A) It can complete above the previous lows of around 29500 where Wave A...
BITSTAMP:BTCUSD 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns . 📌 That Dash Line Is Called...
Two back to back Head and shoulders on weekly backed by good volume, THINGS DON'T LOOK GOOD FOR BITCOIN. I would dump and run for cover!!!
A massive M pattern on monthly, and two massive head and shoulders on weekly. Supported by huge selling. If a miracle doesn't happen soon, BTC is going to 10000 next!!
Caution sellers active. Buy on dips, keep averaging your position.
Long BTC when the trend line is break . just wait for break the trendline then go long .
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
BTC USDT Trade idea BTC USDT Long SL 34K Range (use chart) TP - Ur wish
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (42470.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
It seems like forever since we last had a bullish wave for Bitcoin, we've been seeing red since Nov. 2021. Now, things are starting to change! Today, we can see prices moving above EMA10 daily on a bullish note for the first time since September 2021. We use EMA10 as the main indicator to gauge a pairs bearish/bullish potential in the short-term. If prices...
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).
Looking at the 1H timeframe for the BTCUSD pair, we have multiple bullish signals developing; the path is clear to $44K. Let's get started! First, we have a volume breakout. Volume is a very important signal used for confirming a move. Rising volume as prices challenge resistance is always good. The MACD is on the bullish zone and ready to grow. The RSI is at...