Falling wedge is a bullish pattern. Bitcoin is forming a bullish falling wedge pattern on an hourly timeframe.
Bitcoin 65k soon....I AM BULLISH THE CHART INDICATE THAT HOW TO RISE OF BITCOIN PRICE IN UPCOMINE DAYS. NOTE: SUPPORT AND RESISTANCE ARE MOST IMPORTANT, AND MUST RESPECT OF ALL.
BTCUSD looks strong on the upside. The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone. Now two trades are possible- Case 1- Breakout- If it...
1) Long if it comes at discount. 2) Potential trend reversal happening at 15 minutes level. 3) Inside a ranging area. 4) CMP to enter the position: 50120. SL : 49700. TP1 : 50450 TP2 : 51000
BITSTAMP:BTCUSD first short side trade till current harmonic patters PRZ level. and ones you get reversal from that PRZ one can long from that level with stop loss. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before...
This is just a short term outlook looking at previous trend patterns of BTC buy-sell cycles on a period of 3 months. A basic extrapolation of fibonacci levels can indicate short term long strategies of 2-3% upside over a period of 7-10 days. Let me know what you think.
An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume. Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
As previously charted, Bitcoin corrected to low 40s (43k) and is on its way to $70000 from a C&H breakout on daily which is pending confirmation by close today A test of the Fib Extension at $74000 for resistance is expected from this breakout
A bit early entry in Bitcoin for LONG...Lets see if this works out
BITCOIN The recent bullish trend has given a strong confidence in crypto investment. Bitcoin has managed to break the 60k level and felled back again below 60k level Currently it was trading below the 59k level.At this level we can see a consolidation phase for the past 3 days soon we can expect a breakout here. I have identified one triangle formation here which...
Trading Signal: There is a Trading Signal to Buy in BTCUSDT Bitcoin Traders can open their Buy Trades NOW ⬆️Buy on 58311 breakup ⭕️SL on uptrend breakdown 🔵TP1 @ 62500.00 🔵TP2 @ 65000.00 If you liked our ideas, please support us with your likes 👍 and comments.
Ascending triangle formation on hourly BTC:USD chart. Expected First Target of USD 53,300 range Expected Second Target of USD 54,000 Range