Here we have the monthly chart for Bitcoin, we will see why some additional correction is yet to take place. We are going to start with our classic EMA analysis, and it goes like this... We have a peak in April 2021. This monthly candle closed as a Doji, signaling indecision and the correction that took place next. The correction after April's peak price in...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (34599.00). . 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...
Btc Wait for entry Green line are snr Blue line are key Just ignore that im writed Its shhowing on chart
At the current stage, the best position is to be out of position. At the moment we can distinguish two main scenarios for further movements in bitcoin: 1. The continuation of the decrease in quotations and the breakdown of the local minimum around 3200000, after which we can start looking for an entry point to buy. 2) Impulse building and rebound to the area of...
At the current stage, the best position is to be out of position. At the moment we can distinguish two main scenarios for further movements in bitcoin: 1. The continuation of the decrease in quotations and the breakdown of the local minimum around $30,000, after which we can start looking for an entry point to buy. 2) Impulse building and rebound to the area of...
Not only Bitcoin (BTCUSD) but also the S&P 500 Index (SPX), Nasdaq (NDX) and the Dow Jones Industrial Averages (DJI)... All major markets are experiencing strong downward pressure. Bitcoin has been doing a classic ABC correction after a bullish wave. We can first appreciate EMA100 being tested as support for multiple weeks in these corrections; When we go...
BTC/USDT Currently BTC is in a bearish trend, which have fall from 69k ( 10/November/2021) to now 35k(24/01/2022) in just two months a 48% drop This at 1D timeframe basis, we could predict a more downside to it's major support level of 30k which is the most demand zone and will start recover bythen. Hold down your usdt as more dip is coming. @CryptoArcanes
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the...
Go long BTC after the trend line break , wait for breakout .
double top done, market could be more fall Be carefull BINANCE:BTCPERP #bitcoinnewsglobal #bitcoinnews #cryptocurrency #binance #coinbase #crypto #cryptocurrency #btc #bitcoin #cryptonewsIndia #bitcoinnewsindia #bitcoinnewsindia #cryptoIndia
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!!!