BTC ANALYSIS#BTC UPDATE.
#BTC has currently trading at the red box resistance after a perfect bounce back from the yellow box support area.Since btc has the resistance level and we have bearish RSI on 4H TF ,therefore be careful with your trades as there could be rejection from the current resistance is possible until btc closes above the red box resistance area .
Btcusdlong
BTC ANALYSIS#BTC UDATE.
#BTC has perfectly bounced back from the yellow box support and is looking to test the red box resistance area again,if btc manages to close above the red box area then the pink box will be the next resistance for btc.Note that btc dump is still not over,in case btc loses the yelow box support area we will see dump again.
BTC ANALYSIS#BTC UPDATE.
#BTC is now trading above the daily support after closing below the green box support area.The move not complete yet and btc might again test or close below the the green box support area and if btrc close below to the green box area we might see huge dump but for that move we have to wait fior the daily close.
BTC ANALYSIS#BTC is currently trading at the very bottom of the huge support level that is the purple box area and break below and close below this level could be huge for btc and the alts.Expecting huge swing moves below and on the current support level.Be careful with alts trades in btc and alts as well.
BTC UPDATE #BTC UPDATE.
#BTC is still trading in the accumulation range in the green box area, red box is still a very strong resistance for BTC. We saw same volatile move in the red box area and in future we might see these kind of moves in the red box area resistance zone so again I wanted to remind you guys, do not trade in the green box range. Trade above the red box area only on confirmation.
Trading Signal For BTCUSDT BitcoinTrading Setup:
There is a Trading Signal to Buy in BTCUSDT Bitcoin.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 15924.00
⭕️SL @ 15663.00
🔵TP1 @ 16566.00
🔵TP2 @ 17000.00
🔵TP3 @ 18000.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Bitcoin and elliott waves QUICK UPDATE - we spotted the inverted head and shoulder and traded it well and reached our target
Current Condition = price has tested the previous hourly and 15m rejection zone and trying to sustain it
So, we drew waves after the breakout of head and shoulder
as per textbook ratios the price tend to form accordingly
now price has reached it 3 impulse wave, we will wait for the pullback, which will be approximately 20100 level and the 4th wave that will be our buying zone
TRADING SETUP
buy around 20,000 around figure or at 20100 according to fib and wave lengths
stop loss should be around 19900
Target 1 = 20400 & Target 2 = 20700
NEW BTC BEARISH FORECASTBTC has been trading lower within the falling resistance boundary from 10th of November 2021 till date.
I expect more down on BTC with the below reasons however FED's decision may change the game anytime, this is why we suggest trading with care, strong confirmations, and minimising risks.
Bearish descending triangle, descending resistance weekly and daily, testing major horizontal support since July, head and shoulders pattern, FED hawkish expectations 21st September.
What to do now?🤔
Wait for the candle closure below the neckline boundary, then our target will be 12k straight.
If you're still willing to buy BTC😄
Wait for the break above falling resistance, after retest then you go long for the target of 22653(previous shoulder), the shoulder is our current residence D1 and if the 22653 didn't hold lower your next target 25194 (unlikely).






















