The daily TM analysis, my next target for this dumb is 12k, unless FED continue to pivot, and you should note with the falling trendline resistance which the break above could change the game to bullish run.
Trading Setup:
There is a Trading Signal to Sell in BTCUSDT Bitcoin .
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 20857.00
⭕️SL @ 21135.00
🔵TP1 @ 20265.00
🔵TP2 @ 19732.00
🔵TP3 @ 18992.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger...
BINANCE:BTCPERP looks weak ... it could have formed possible Double top or you can say M pattern. All the levels and target are mentioned in the chart.
Note : For Education purpose only.
BTC NEXT Projection as per technical analysis
BTC is in range bound from many days and it will continue as per technical and no fundamentals updates yet so its good to Short BTC
BTC is still in bearish structure on 1H, on daily it is in the range between 20117 to 18125 and showing bullish signals in weekly, so we can expect a lil down movement to below till 18125
BTC 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,...
BTC is starting to go bearish from very first week of ne.X.t month or anytime soon.
Don't Panic II It's just the R.ecession 2022.
Hope you clear all your positions & be .P.atient.
Once we break $10K, #BTC is confirmed to stay bearish for 10-15 Years even after the recession ends.
I'll not recommend to buy #BTC at dips not even at $1000
Even if #BTC goes up...
Fundamental Development:-
Solana-hacked crypto could be claimed as a tax loss: Experts
or unlucky crypto investors looking to turn lemons into lemonade — it turns out that digital assets lost during an exploit or hack can potentially be claimed as a tax loss, provided you live in the right country, experts told Cointelegraph.
Following the news that more than...
Fundamental Development:-
Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
(BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is down 50% year-to-date, while U.S. listed tech...
Fundamental Development:-
Is Bitcoin Heading Towards $25,000?
The unusual rebound of Bitcoin (BTC) over 30% from its June lows makes analysts think that the bear market that has hit the cryptocurrency in recent months could be ending soon.The signs of a further approach towards $25,000 is due to the fact that BTC prices have hit the so-called upper Bollinger...
$BTC Warned you about $21,791 support retest coming on last Saturday, first tested on Saturday evening and currently being retested right now, Last 4H and 1D close both bearish, possibility of $20,812 support to be tested if broke $21,791 and $21,299, watch given supports.
Here in this chart I used fibonacci tool to find a good entry, also I am keeping mind the green line (1 hour 20 ma) as a good entry point. if btc break downs the red line, the next support will be the white lines below.
$BTC Told you $23,713 resistance held as expected, $22,379 also holding, another attempt at $22,379 support looks possible. 1D close with bearish pin bar yesterday, expect $21,791 support to be tested.
Wish you a very happy and a blessed weekend♥️
