$BTC Daily Update$BTC #BTC Retested $16,750 as expected, gained $16,905 support during the weekend, Currently moving to test $17,301. 1D closed very good, current daily following up. Needs to gain $17,301 to test key resistance at $17,592.
BTC-M
woo usdt technical analysis woo usdt bouncing back from support
and can be entered for long after breakout of W pattern
gold analysis after bouncing from weekly support gold is ready to give good move from coming out of this channel
matic trade ideamatic is in range bounce since many days and is trying to hold weekly support can be bought here if it breaks this range
Bitcoin Triangular TrendlineBitcoin triangle trend line, shrinking triangle trend, green support bottom line at the bottom, red resistance breakthrough line at the top, and the green-red long bar below is the most critical bottom range.
Btc analysisThis is my next bitcoin view
I am in my my trading zone right
Btc above resistance is bullish
And below supoort is bearish
Nifty Buying at Demand areaAggressive entry model because we will enter without confirmation.
pros: Small Stop loss and High reward
Cons: Does not need to respect the demand area and it may break it
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating.
BTC ANALYSIS#BTC UPDATE.
#BTC has currently trading at the red box resistance after a perfect bounce back from the yellow box support area.Since btc has the resistance level and we have bearish RSI on 4H TF ,therefore be careful with your trades as there could be rejection from the current resistance is possible until btc closes above the red box resistance area .
Bitcoin Parallel ChannelBitcoin BTC large level parallel channel, red circle top, green circle bottom.
BTC/USD - Weekly OverviewThe new year started off quite well for the world’s largest cryptocurrency as BTC was up by 1.30% in the past 24 hours. The price level had developed a temporary support zone around $16.5K through which it is looking at the potential to test the resistance zone above the 0.236 FIB level.
It must be noted that BTC has not been able to break above the 0.236 FIB level and maintain sustainability thereafter. A breakout could be a significant indicator that Bitcoin can commence the year with significant bullish momentum.
Supporting the hypothesis are RSI and MACD levels. The RSI level is showcasing positive nature on the chart while standing at 53.74. The MACD level also had a bullish crossover below the histogram with a green bar formation. If the levels are able to climb above the histogram, we could witness a significant positive momentum for Bitcoin.
Overall, the resistance levels can be placed at $17K and $18K, respectively. The support for BTC can be placed at $16K and $15K, respectively.
$BTC Daily Update$BTC #BTC broke $16,750 support exiting range $16,750-$16,905. Did not follow thru on Bullish engulfing on 1D from Dec 26, Last 1D closed following up on bearish engulfing from Dec 27 on 1D. Still testing $16,526 support, Watch $16,383 & $16,155 support areas.
#Bitcoin possible scenarios for the next bull market#Bitcoin possible scenarios for the next bull market based on time cycle analysis.
BTC/USD - Weekly OverviewThe past week for BTC was of strong consolidation and diminishing volume. The price level constantly tested the resistance level at the 0.236 FIB level.
The RSI level has again formulated a rising channel pattern on the chart. However, the impact on the BTC price was minimal as compared to the rise in the RSI level
The MACD level is still attempting to cross above the histogram. Overall, BTC is facing significant resistance at $17K and $18K thereafter. On the support side, $16K and $15K are the levels to watch out for.
BTC UPDATE #BTC UPDATE.
#BTC is still trading in the accumulation range in the green box area, red box is still a very strong resistance for BTC. We saw same volatile move in the red box area and in future we might see these kind of moves in the red box area resistance zone so again I wanted to remind you guys, do not trade in the green box range. Trade above the red box area only on confirmation.
What do you think guys BINANCE:BTCUSDT
Looks like a symmetrical triangle pattern, comment your thought on this..
#BTC mrning update on daily time frame#BTC didn't shown any movement may be because its a holiday week and global markets are also off too.
On HTF, Price looks like struggling to move up and might reverse.
Anticipating anything would be early. So look for LTF Breakout for predicting high probable move.
#BTC update Day Time frameLet me know how many members want technical analysis like i do in past with weekly signal
$BTC Daily Update$BTC 1D closed with bullish engulfing as expected, but no sign of follow up from current 1D. Needs to breakout $17,097 to put follow through close today. As of now looking to test $16,750 support, $16,905 continues to resist, Requires to maintain current support to retest
