Symbol - BTCUSD Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year. But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints,...
I'm just analysing BITCOIN in case of an alternative to equity market worstcase scenario. BITCOIN chart shows flag formation. It looks like ready to breakout of channel. Target may be Long-term Channel midline.
BINANCE:BTCUSDM2024 Bitcoin has rallied breaking several resistance zones in past 2 days For those who missed out on trade are waiting for a pullback to setup long positions Bitcoin looks bullish on higher time frame ( 1day and 3day ) So i propose some long position which might be considered in future The first one is (risky) on the flip zone the second...
Daily closing below 65867 then 📉 📉 to 62045 marked on the chart Any Daily closing above 67438 then bullish 📈 📈 📈 77500 65867 could act as a support, so until it breaks and closes below then only 📉 📉 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
We can see BTC 52k around in upcoming days as per waves count
BTCUSD is trading near important support zone of 61800. If it breaks the 61000 zone we can expect a further fall in BTC till 54000. If its reversed from that zone we can expect a upward move till 65000.
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
Since 15555 we are seeing this formation and then a breakout now we have the BIGGest CUP_ ever which do deserve a BIG handle. Market Makers I believe you will love to see that formation of the bigger charts. We have a strong down side QS setup to follow QS downside targets 15555 ( too ambitious !!), just talking in a TA language, anything is possible. But for...
BTC next bull run target will be 150k as per this analysis what we can see here the golden zone of fibonacci level when you draw fib at the previous high to low as i draw on the chart so keep follow and support me for daily basis analysis like this and many more post like this
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
Today BTC will be Bearish or Bullish After 42900 and 42600 because see the chart market making a channel with taking so much time of weekend and it all work after when new year party will be end and trading volume is coming to btc so market so in a single direction.........#btc
Price is Out of regression channel & breakout is upward, that shows the strength of the trend But the now price has reached juncture where it could face a resistance
CRYPTOCAP:BTC #BTC Precisely predicted $43,145 support test, bearish engulfing on 1D and 4H from Sat played out as expected. Currently struggling to gain string support at $43,145. RSI on 4h and 1d looks fine. $43,868-$44,174 resistance area to watch for breakout, $42,070 next key support
**************************************************************************************************** **************************************************************************************************** * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of...
Lets see if this one plays out like its shown We have a retest pending @32640 last years Order block top there can be a trade 33333 to 41111 we need to retrace to retest 32640/32320/32222 zone so there are two trades here
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
So we are again looking at a QS on daily and we are completing the 4th Leg on Daily TF, the 5th leg should start from 27860/28280 zones SL 28888 TP1 24444 TP2 22786 we will be trapped in 220-620 loop break of 620 we go 420 the 220 bigger picture 28888->18888 slice 1 : 27860 ->24444 (Short) Slice 2 : 24444 ->26200 (LONG) Slice 3 : 26200->22786 (Short)
BTC support resistance LEVELS FROM 09 TO 23 year, I colour all the levels according to activity so that we can easily understand.