A short view of fibonacci retracements for 2-3% upside on a 7-10 day time period.
An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume. Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
As previously charted, Bitcoin corrected to low 40s (43k) and is on its way to $70000 from a C&H breakout on daily which is pending confirmation by close today A test of the Fib Extension at $74000 for resistance is expected from this breakout
buy Bitcoin levels are mentioned But like if u like analysis
BTC is currently ranging in the flag like pattern. After making it's third touch down the pattern and there is a support as well, and there is high likelihood that the price will bounce.
BTCUSD has broken out of the contracting wedge pattern identified in the last idea (linked below) backed by a good surge in volume Given the momentum here, breakout target of $25,300 could be secured in just a few sessions.
BINANCE : KAVABTC : TRENDLINE COULD BREAK Note : This is only for Educational purpose this is not for an investing advice. please support the setup with your likes and by comments and by following on trading view. Thanks Adil Khan
The current range keeps sending signals of a distribution phase. Bounces will be for shorting. This 4H close will print a bullish divergence. Invalidation point should be daily candle closing above 10300$.
Bitcoin is currently hanging on a trend a break downwards could bring it to 8400. In case of a bounce back it could continue going upwards.
see at 50% of imbalance and tp at when botom is breached
I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results. -I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats. Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...
I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results. -I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats. Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...
I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results. -I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats. Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...
BTC is currently in a bull trend. Go long if BTC gives a pullback. Go long at 8450 with a target of 9400. A risk reward ratio of 1:5.