BTCUSD/BITCOIN DAY BUY PROJECTION 16.10.24Reason for Bitcoin Bullish
As a result, BTCUSD is the most popular crypto-to-fiat pair, and it serves as the de facto gold standard for the cryptocurrency market; providing the price direction cue for virtually the entire crypto market. In the BTCUSD pair, Bitcoin is the base currency, while the US dollar is the quote currency.
Btcusdsignals
BTCUSD SHOWING A GOOD D UP MOVE WITH 1:10RISK REWARDBTCUSD SHOWING A GOOD D
UP MOVE WITH 1:20RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTCUSD Inverted Head & Shoulder BULLISH above necklineUS Dollar Index extends recovery after NFP but still down for the week
The US Dollar Index (DXY) rose to 102.29 after the release of the US March jobs report and then pulled back toward 102.00, amid risk appetite. The numbers boosted US yields and equity futures on a tight volume session.
BTCUSD
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...BTC closed below the range area and now I am preparing for SELL until the hot zone is Fibonacci 618!
anyway ... I will wait to see how it closes this month because I think it is decisive for the new trend of BTC!
THIS WEEK... BTC forced and closed for the 3rd consecutive month over 0.5 Fibonacci, which should make us think about BUY!
however, I will be more reserved and will not make a decision until BTC closes for at least one week outside the range area of the week chart
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
BTC-USD (Signals) [June 16: Beyond Limits]BTC-USD is making a tough War
The Game is getting Even More Harder today.
Sentiment Level of Traders is not good.
ADX is Currently Falling from a Height from 40.
BTC is now Getting inside of Consolidation.
But DI+ is Currently on the edge of Crossing DI- which will generate another huge Momentum.
OBV is falling again and MA is Diverging which is Poor rating for OBV and Volume is Decreasing too.
But Still now the game is on Bulls side.
There are also some Institutional Investors broke in the market. (Candlestick Analysis)
Overall Strength Bullish.
Expecting a +328$ and with a Dip Value of -570$.
Don't lose your heart because BTC will make a Heart Breaking Dance today.
Thanks for using your Valuable time. Leave a like which helps me to do better. Follow me for Daily Signals,
Get updates on, FOREX, Stocks, INDICES, Crypto and CFD's (Share to your Market Friends)
Battle between 54k and 61k who will win? BTCUSD expected movesBitcoin
The battle between 54k and 60k was a recent trend in bitcoin as we can see that the bear unable to break the 54k firmly and the bull was unable to break the 60k
firmly and since March 14 BTCUSD was trading within this range. And waiting for further fundamental support further upside movement. Today its bounced again from
54K level and braked the price arc. Bullish engulfing formation is a another support here.While writing this analysis the price was around 56k and on top side 60k will
act as decent resistance for the bull as its a major key psychological level where both the buyers and sellers will fight to win.Recently the private companies were started
to invest in Bitcoins and in stable coins so BTCUSD will remain in bullish trend
The ichimoku cloud is still in red zone territory and the cloud band was diminishing and it might turn green soon.Buy at current level and the topside target would be 62k
BTCUSD - and what?Morning Traders,
If you take position after price breakup trough TL2 that that was outstanding and easy position.
I have created Channel but the price did not reach upper line of the channel.
I just waited for candle to be closed. On the lower TF momentum slows down.
But we have wait until price either break trough the TL of the channel or rises higher.
And that perhaps is price doing right now. Look like price is loosing momentum pay close attention what is happening on chart.
But keep in mind that this is four hours candles anything can happen in that time.
Thank you for like it my analysis.