BTCUSD is the perfect setup to start the week, Charts looking super clean & has the chance to reach at $63,000 by the end of the month. Now or Never.
8th Feb - Tesla announces investment in BTC. BTC shoots up almost instantly. Added VPVR (Volume Profile Indicator) shows the gap up zone has very low traded volume across a huge range. This was due to a lot of panic & FOMO buying after the news announcement. The week leading up to that saw continuous ATH for BTC and subsequently a correction of price just about...
green dot appeared so btc confirmed the trend
Since we have 2 phases of the upward move and forming ascending triangle pattern in the 15 min time frame, we can expect that it can give a big breakout from levels of 49000-51000 levels. The market can enter into a long long uptrend phase with some frequent minor correction and it can sustain the uptrend till 55000 levels followed by 58000. Happy Trading....
Bitcoin is hot cake due to its current investments from Elon Musk which the firm confirmed 1.5 billion dollar investments in bitcoin. Technicals 1) BTCUSD had formed cup and handle pattern on 4 hour and broken strong resistance . 2) Falling wedge on 1 hour chart 3) Currently has retraced to 0.23 fib levels 4) RSI is greater than 50 which indicates strong...
BTC is currently ranging in the flag like pattern. After making it's third touch down the pattern and there is a support as well, and there is high likelihood that the price will bounce.
BTCUSD is looking for great buying opportunity after the 10% correction, the charts looks really great. And has the opportunity to take some decent profit!
BTCUSD is looking for great long opportunity, because of DXY is weak across the board, And has the opportunity to go for the long side.
BTCST hit $1000 the minute it came live, now it's at around $72, it hit 114 at one point, could it hit 100 again, hell yeah! I am stocking up on it on every dip it has! I'm long on it!!
BTCUSD is looking for a great move to the upside, Best time to get in because of 15% correction, Expecting to reach at the top. USD is weak across the board. BTC will rally at least $50K
Boys we did it we broke the 2017 ATH Biden is gunna make jpow print so many tendies Idk how presidential transition will happen so we might get a gift dip were gunna buy it & it's gunna be great Now, I have 3 weekly support zones for you to make a bet on None of them could get hit My thought its we at least revist 26k why would we revist 21 20 with the...
BTCUSD has broken out of the contracting wedge pattern identified in the last idea (linked below) backed by a good surge in volume Given the momentum here, breakout target of $25,300 could be secured in just a few sessions.
2020 has been a good year for BTC, as it broke above the all time high. The 2021 is going to be a price discovery year. Using time cycles we can expect BTC to print some good numbers after getting overbought.
ABCD pattern shows a short term opportunity in BTCUSD . Enter into buying in this level can give a short term target of 24237 to 24529. STOP may be below 23101 level.