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$BTC Daily Update$BTC $16,750 support in effect, $17,097 continues resisting. Last 1D close looks good, which resulted in $17,097 test today. Continue watching given S/R areas.
BTC Investment Plan - 17/Nov/2022Hello Traders,
Hope you all are doing good!!
I expect BTC to start to go up from 8k - 12k level.
1) Currently in probable C wave of bigger correction.
2) Probably in making of 4th wave correction within the C wave of bigger correction.
3) Next drop is highly probable the last drop for BTC before reaching for 100k level.
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 evolve anytime, hence, always do your analysis and learn trade management before following any idea
Bitcoin BTC Fibonacci weekly chartBitcoin BTC Fibonacci weekly chart, which includes short term, medium term, long term, top and bottom prices, support and resistance levels, breakout and breakout levels, bounce and retracement levels, bull market levels, bear market prices of Bitcoin as long as You know how to use it, this picture is your money printing machine. The cryptocurrency market is full of news. It's better to stick to a few lines and listen to a few more. Everyone knows more about Satoshi Nakamoto’s contract hype. picture.
BTCUSD- Bottom Prediction AnalysisThis is a predication analysis based on the historical price change of Bitcoin/USD. DYOR
$BTC Daily update$BTC $16,526 support testing, almost got bearish engulfing on 1D. Bearish engulfing on last 4H close watch $16,005. $15,689-$17,097 range in effect.
Ethereum Classic---Short idea---$ETCETC acts as a mimic for anything related to Barry
now that there is a fear of further contagion re: Genesis, it being attached directly to Barry might fetch us this move fundamentally.
Also, technically it looks cooked just like other crypto.
I'm not in yet, but will soon be!
Good Luck!
$BTC Daily Update$BTC $17,097 resistance remains in effect, $16,526 support holding. Ascending triangle on 4H and 1H time-frame, expect $17,592 test if played out. Continue watching given S/R areas
#Bitcoin LTF play imo. Looking at 2 possible scenariosTwo possible scenarios for #BTC in my opinion. It either rallies from here (More likely) and takes out liquidity at 17.5k and then reacts either to HTF OB, Key Level (previous support), or the FVG left behind as marked in the chart. I will look for shorts wherever the price reacts out of these three zones.
Alternatively, if the price revisits the newly forming support at 15.5k, I will be looking for Longs upon bounce but with tighter Risk Management.
$BTC Daily update$BTC $16,526 support gained with $17,097 as resistance. 1D close looks neutral, Market sentiment is still major factor here so it needs confidence from the market to show some good sign of recovery, to much FUD all around with crypto noobs scared to death. Watch S/R
BTC/USD - Weekly OverviewAmid the collapse of crypto giant, FTX, the overall market conditions took a hit as the world’s largest cryptocurrency nosedived to a new two-year low of nearly $15.5K. The other cryptocurrencies also faced significant selling pressure as Ethereum is down by 20.15%, XRP by 25.65%, and polygon by 22.00% at the time of writing on a weekly basis.
Considering the technical chart of BTC, MA-10 suffered a negative breakout against MA-20 and MA-50 as soon as the news of FTX collapse was made public. Currently, the price level is facing significant resistance above 0.236 FIB level on the Fibonacci retracement table.
Looking at the technical indicators, the RSI level suffered a nosedive to the oversold region but quickly bounced back. The level is showcasing positive nature while residing at 41.95. The MACD level also suffered a breakdown below the histogram with significant red bars formulated on the histogram. It surely disrupted the sustainability made in the past couple of months.
Overall, BTC is currently trading at significantly lower levels. A significant upside might need relevant accumulation at the current levels. To avoid further downfalls, BTC is having support at $16K and $15K respectively. On the upside, resistance levels can be placed at $17K and $19K respectively.
$BTC Daily update$BTC $15,689-$15,419 support in effect, Trying to hold $16K. Last 1D closed bearish, still looking for a solid ground. Supports to watch if breaks below $15,131 are $14,620, $14,019, $13,375, $12,863.
btc bottom foundaccording to price action & previous history of btc can go 7000$
if more bad news in market like ftt & lunc comes btc ulimate bottom will be 5000$
so be prepared for ultimate low price of btc
Bitcoin reversal from $10.000-$12.000Based on the fork, the trend continued to move down. But the bottom is near. It will reverse after breaking above the fork. The bottom can from between $10.000-$12.000 area.
GO long in btc only if Daily candel closes above 18600..Btc at important zone....daily candle closing below 17000 will drag btc to further low.....
$BTC Daily Update$BTC $17,097 support holding, $17,592 initial resistance here. Bearish engulfing on last 4H $16,526 could be retested, No solid sign on reversal, $17,592-$16,005 expected moving range as of now.
