BTCUSD is in the Extention level (2.618) of the CD leg shown in the ABDC pattern. The reversal has happened and price action has created a channel that is an uptrend. The Buy entry at 17400 levels can provide the given target.
Bitcoin Bounced from 16k support as we mentioned yesterday now testing the 17200 is a strong resistant point in 4-hour candlestick if this resistant point will break bitcoin will retest the 17800 resistant points and 18200
XRP has been up against a gigantic monthly resistance. it has made 6 attempts over the last few months and has been rejected. Will it get luck this month? The bull volume looks like its gaining momentum. Look left on what happened in this region the last time it broke this monthly resistance in Dec 2017. Exciting times, get some popcorn, buckle up and enjoy...
BTC USD has retrenched from 0.5 Fibonacci level (17127) and will stay bullish till 18863 level unless it breaks the channel and creates different channel.
Its going to be a bullish breakout ... the chart has marked..
Hey collegues! Good opportunity for SHORT! In my opinion BTC price growing is fake. Situation with world economies very tough. I think we will have a very deep price going down. False break up of 13000 we have now. In first stage price will go lower than 12000, will get back with false break up of 12000 and will go down. First target is 9800-9600, second target...
BTCUSD may have a small retracement and then go up ahead upto 12108. Enter : 11600 Target : 12108 Stop loss : 11455
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BITCOIN UPDATE. ✌ 🤲 Bullish Trend. ✅✅ 11940 - 12060 Is A Good Trend Line Resistence, If Price Successfully Breck This Level, Then Next Target Will Be 12800 - 13400, Brarish Trend.... ❌❌ BTC Can Be Retest Near At 11700 Again,Then It Will Be Pump From Here, If Price Failed To Pump From Near 11700, Then Price Again Take Another Corretion At 11850 - 11200,
In my last post, I made the case that Bitcoin has found its bottom at the green support zone because of the following reasons: 1: Bitcoin has fallen 20% from the current peak to the support zone 2: The support zone was key resistance multiple times. The fact that it broke resistance is significant! 3: The 21 weekly ema was at the support zone. As we can see now,...
Despite the fact that COINBASE:BTCUSD has fallen 20 percent over the last few weeks. I think the price, at this point, is still bullish and here's why. As we can see on the chart, we have the green support zone which has been touched. This zone has been resistance on October 25 in 2019, Februari 13 of 2020 and in May and June of this year. This implies that...
Market in last 24hrs -BTCUSD moved sideways, price above 11k -Price volatility was high. Market moved ~3.02%, between $11.2k and $10.86k Today’s Trend analysis -Low volatility ahead with a bullish bias -Price at time of publishing: $11,050 -BTC’s market cap: $203 Billion -Oscillator indicators are mostly neutral. RSI at 73 -Moving average indicators are...
BTC USDT : Will this play out, GREAT risk reward ratio
WE have broken the trend all the shorted might get trapped here we can see another attempt 10k.
An ascending triangle is a chart pattern used in this technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. Volume tends to be stronger during trending periods than during consolidation periods. So, probably the first profit take is $11K...
according to history of volume btc has done 4000 twice with big volume . this flat movement are the sign of (12500) or the major support (6700) there goes buy nd sells
The charts shows two paths for BTC. From here it can follow the either one. RED one is distribution schematic. GREEN one is re-accumulation schematic. Personally I'm leaning towards distribution schematic but if I see some strength around 9100, I'll switch bullish. Any Price weakness around 10100 will trigger shorts. Play patiently!