BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good Buying detected on BTCUSD It's showing a BULL MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram BITCOIN SETUP TRADE...
BITCOIN SETUP TRADE WIH 1:4 RISK REWARD A good Buying detected on BTCUSD It's showing a BULL MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram BITCOIN SETUP TRADE...
A new CME gap has formed around $67,630. Currently, there are two nearby gaps at $67,630 and $63,550. It's worth noting that approximately 90% of CME gaps tend to be filled sooner or later, whether it's within a week or a month. Keep this in mind. Regarding BTC, I anticipate it will touch the upper trendline of this symmetrical triangle or even surpass it, but...
Considering the convergence level & wave count, have drawn few important support & resistance levels. At current price structure, the prices could extend upto 84700 -84800 levels, this level has more convergence or going to be the area of confluence. & price movement also stiff & it has expended more than 1.5X of 200 EMA. T1: 79450 T2: 84800 T3: 90800
- High movement - 3rd wave extension to 66 K ( timeframe - May'24) - RS is positive
with good bullish trend looks like the volume is fading away and price will go down to find zones where there could be order block pending or some imbalance zone to get buyers interest back looks like round figure 40k is 5.50% downside thereafter 37000 - 34000 and higher time frame supports BUY ON DIP
1. Rising Wedge - Continuation Pattern, consider as bearish, often perish to breakdown, usually forms over 3-6 months. 2. No sign of Divergence, trend is bullish 3. Strong Momentum 4. Lack of Volume What could happen? Pullback towards 30K or Sideways movement
Lets see how this plays #BTCSHORT Such a strong setup in play noone looking @, this is FOMO eyes missing on QSD wicks for past 4 weeks false Breakout above previous high TP1 25250 TP2 22444 SL 32790