see at 50% of imbalance and tp at when botom is breached
BTCUSD 1hr day trading chart analysis #BTCUSD
BTCUSD 4h time frame. there are three H&S and one of them failed. watching current one if it does hold right shoulder then possibily target 11364 can be achieved and if not holds then downside 8443 for initial low. Just a thought process. btcusd forms as usual right shoulder always smaller then left. so pull may happen small and then zomed up.
On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA,and volume surge on breakout indicate short on Bitcoin.. Target1 9800 Target2 9300 Target3 8800 SL at breakout 10,400. Enter in trade if your analysis matches mine. Please Like for Alerts.
So here's the latest update on Bitcoin from tychelab.com As mentioned in the previous update, we did reached the 4.8-5k region (even overshoot our targets) with the reasonings given by us properly. Hope you liked that update and got an insight of how market makers mould this market. Coming back to the current situation, we believe that it's going downtown from...
We are doing Analysis of BTCUSDT on 4 Hour Timeframe. I have Mention Support and resistance levels on Chart Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
expect goint to down trend as per strategy. after USA shut down event USD can boom with another high volume events. see chart for detials. FOREX INDICATORS
hey guys btc dumping if this does not bounce from downtrend support channel then it will becomes more negative and can fall into the green demand zone 3200_3100$ Good Luck
As stated in the previous article last week, if the resistance level $4200+ is not broken then we would hit the price around $3500 range.Hence it tested the $3478 price level after a drop of 15% this week. Bullish Case: It needs to hold the $3400-$3500 support level and break the $4200 level in the coming days to confirm bullish momentum otherwise we might see...
Bitcoin has been showing strong uptrend and has bounced strongly from the demand zone of $3100 level. Bullish Case: If it manages to break the $4100-4200 level in the coming days then it will continue its bullish trend till next resistance $4700+ level. Bearish Case: If it doesn't break the $4100-4200 level then we might price see price dipping to <$3500...
Ignore Y-axis/time