Firstly you can see Bitcoin is reversing from its down trend, Now it has formed pole and flag on 1D frame. You can also see it has given fake breakout on 200 Ema downside (Confirmation for upside strong momentum) It has exactly retest from 0.38 Fibonacci level. Last resistance has becomes today's support (where it has reversed from 200ema)
As per my setup we can see that market has given a breakout. R-R is 1:5+ in each and every trade.
If btc come in red zone go long with with 1:4 risk and reward
I have witnessed maximum orders what psychology says maintain distance from the market its downward simply now , has to cross 27500$ in order to climb upwards Thanks telegram and twitter in bio
BTC support resistance LEVELS FROM 09 TO 23 year, I colour all the levels according to activity so that we can easily understand.
FUD FUD FUD, Ignore the Fud. Bitcoin still continues its sideways movement. bids & asks are heavy. So, Soon bitcoin will break out of this 27k-29k range. If we get below VAL or ML, we try LONG. Previous day: VAH: $28,281 | VAL : $27,648 | POC: $28,022 Date: 4 April 2023
BTCUSDT Currently Trading Now at $28,381. BTCUSDT Good Support AT $28,108-$27782. And Resistance At $28480-$28900. BTCUSDT Now Forming A Ascending Triangle Pattern , We Can See Uptrend In The Bitcoin Price. Thanks , You Can Follow Me For More Valuable Setups.
Bitcoin Has Taken Its Bottom., You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle. Follow...
btc has started uptrend but its in asupply area too once the supply area break full conformation of uptrend and it will take entry at B/B or ob wait till supply break
Anticipating some bearish moves as long as it stays below 27500
BITCOIN's all time High on 08Nov21 @69198..7 Bitcoin extreme POI is not mitigated yet! We can see a couple of HIGHS as well if we see High in Descending order we can see the yellow colour represent the third high @32446.5 Once the Price Breakout the third high after that we can say we are in BULL MARKET! WE ARE NOT IN BULL MARKET YET!!! BULL TRAP!?...
Technicals : medium term 1. Price Breakout with bounce of 20dma 2. Above average volume 3. High momentum 4. @bbands squeeze open 5. S1 : 19700 6. R1 : 26935
#BTC UPDATE 3 : In 1W TF Remember properly i discussed this market cycle, According to stan Weinstein Theory that for an actual mark of phase first we need a proper capitulation phase we are expecting further capitulation phase or range bound mark of phase and then actually move makes a lot of sence.
Buy at Live Price $19790 Target $21090 (6.63% profit) Stop Loss $19430 (2% loss)
As u can see btc bounce from my red line and RSI in 1 day Chart is near 25 to 27 the things to notes we can clearly seen 2 big bounce when BTC have touched 1D RSI 25 to 27 Right now the support is 42k$ if it goes below we can expect 39k$ NOW MY OPINION As i have already posted a voice message in mornings btc i have seen 2 times big moment when BTC RSI has...
axs was getting ready for breakout now broke out and retesting the support maybe e can take a long from here it is risky but rr is good #NFA watchout the rsi if it goes up after trendline then take long with sl below support HAVE A GREAT PROFITABLE TRADE
BTC-USD Looking Strong and will make new highs in next couple of months . By the end of year i am looking at 130-150 K.. Let's see.
BTC/USDT is forming an uptrend on the 4H time frame chart. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ Now, it's your turn! Be sure to leave a...