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
Key Points: Bitcoin currently hovers around $40,900, sitting on the lower edge of a sideways trading channel. A confirmed channel break with strong volume could lead to a retest of $30,391 (previous breakout level). Wait for price action to consolidate and confirm support at $30,400 before considering long positions. Technical Analysis: The price...
In the monthly chart, on the left-hand side, it can be observed that 2017 highs acted as a strong resistance. But once this level was taken out, it started acting as a support in 2022. Holding the very basic idea that a resistance once taken out, start acting as a support. You would observe this concept several times on this chart. On the right-hand side, we can...
Today BTC will be Bearish or Bullish After 42900 and 42600 because see the chart market making a channel with taking so much time of weekend and it all work after when new year party will be end and trading volume is coming to btc so market so in a single direction.........#btc
Touching the 15m ob and enter after choch the stop loss fix the above the ob and exit the liquidity
4H tomeframe showstrendline show bullish move after breakout and give min 1500 pts move
Price is Out of regression channel & breakout is upward, that shows the strength of the trend But the now price has reached juncture where it could face a resistance
- Bitcoin is currently trading at a crucial supply - Bitcoin if this continues where we eq highs and higher lows we can soon expect a huge leap - I still stick to my target of BTC mitigating 48k first post that we might see a retracement - Support 40,800$-41,500$ - Resistance - 44,000-45,000$
BTCUSD opening upside till 39000 in upcoming days with the support of near 36200-36000
- Bitcoin is currently trading in a crucial area - It will be important to see how BTC reacts from this crucial overhead supply. - ETF news can make the BTC price shoot up like anything
Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023 A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin continues to follow this trend. What...
Hey guyss!! Nova this side, here is the setup for a trade
- 38-40k can be the magnet - Stay cash let Btc retrace and then add alts - Do not do FOMO buying, market is deleveraging late longs
Now btc is making a higher high from 20k to 44k and next to 50k see the chart of btc is following a range brakout then fo to +1k and again make a range and then go up for +1.5k and so on...........keep follow me to update ........
#BITCOIN Daily Chart Analysis As per 1-day chart Analysis of CRYPTOCAP:BTC , still it will be moving perfectly as per Broadening Wedge Pattern from last Lower-Low point of $15.5k on Nov. 2022 and before #Halving of Bitcoin its final downtrend cycle goes towards completion and it will be projecting towards BER:33K to $30k cut-off for its final Lower cut-off...
**************************************************************************************************** **************************************************************************************************** * 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...
we can short BTCUSD for days with stoploss at proper points and go for big down side movement