OPERATOR GOT OUT FROM BITCOIN SELL BTC FOR 7000 POINT. BTCUSDT showing g 7000 point fall in longtrm due to the technicals indicating for shell in bitcoin a strong trendline breakout happened plus sellers are heavy in full of power and volumes are gradually increaseing all these sigh indicaing for falling of btc with a good point upto 7000.points
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.
USDT dominance is forming a bullish scenario and if it's happens then we will see a large red market in may month.
I have opened long positions at 60k, 61k, 62k, and 63k. Now, I expect a slight dip to fill the CME gap. I am closing 50% of my position to book some profit and will add more if the price comes down. The prices I am looking to add long positions at are 64411 and 63501. There is no new CME gap formed between 64405 and 64495; it will fill sooner or later.
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.
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...
Worst case scenario it will go below 50K. As you guys already knew the geopolitical tension. Middle East getting worsen. Oil is about to explode up because oil supplies can't transfer properly through ships and so asset will move to safe haven. BITCOIN is consider risky as of now by the market. And halving is on the way .but this time is different. Learn to...
it's the perfect time to look for SHORT. I am telling you purely on technical analysis. May be gold continue up for sometime. Halving is coming for BTC,but bankers buying the gold. Because there is a confusion with the fed rate cuts, uncertainty become resilient. So bankers go with gold to avoid impact near future( note the word). SOMETHING IS COMING!!!!!
Old Short-Trade Update and Long-Term Plan: The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions....
Now that it's confirmed that BTC is consolidating in a triangle pattern, I hope you all have made some profit. I predicted the formation of this triangle pattern way earlier. The CME gap between 62,000 and 64,000 will sooner or later fill. The target prices for this trade are as follows: - 69,601 - 69,011 - 68,111 - 66,111 - 65,111 - 64,111 Stop loss (SL) at...
I am still holding a short position, but if it closes above 70,150 , I will close the short and open a long position for 2 or 3 hours. Eventually, it will come down for sure. If you can take the risk, hold your short. The CME gap between 62,000 and 64,000 will sooner or later fill.
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
- High movement - 3rd wave extension to 66 K ( timeframe - May'24) - RS is positive
After long time finally BTC has given a strong breakout and which is sustainable and potential to move upward but as per technical it need to retest the breakout zone which we mentioned in the chart and then price can shoot up upward .... Refer the levels for educational purpose only....
These tight ranges often result in a one-sided moment. Considering the current sentiments, there is concord among market participants about what the future holds for crypto, which is reflected in the price moment. Resistance: 44k-49k Support: 37-38 K