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BTCUSDT

THIS IS BITCOIN TETHERUSSo as you see on 4H there's CHoCH so I created first POINT OF INTEREST { POI } for long and now waiting for Mitigation so I placed an order for long! But then we saw a rejection on 16FEB23 21:30 with big candle and small body. Next day on 17FEB23 1:30 another HUGE RED CANDLE so I have to mark POI so I mark another POI and wait for Mitigate. MITIGATION means we have to wait for the market to come in the POI price entering the box is called MITIGATION. 18FEB23 1:30 price entered the box and we can see a price consolidate. 19FEB23 13:30 placed short entry and my SL is above New HIGH which created on 16FEB23 21:30 @25250 RRR 1:3 21FEB23 13:30 we saw a rejection again! REJECTION FROM PREVIOUS HIGH!!! CORRECT ME IF I'M WRONG!!!
Short
by VIJETEJBHIMRAOTAMBARE
1
BTC/USD - Weekly OverviewBitcoin faced significant resistance from the crucial psychological mark of $25K during the past week. Due to the pullback by the resistance mark, its weekly performance is facing a loss of approximately 6.00%. MA-10 has faced multiple negative crossovers against both MA-20 and MA-50, respectively. It suggests that BTC is again entering into bearish sentiment. However, on the Fibonacci retracement table, the level of 0.786 FIB level is proving to be a strong support level for the world’s largest digital asset. Considering technical indicators, the RSI level has formed a falling channel pattern and looking vulnerable to a breakout to the oversold region. The MACD level has also faced a bearish crossover and currently forming red bars on the histogram. Overall, the resistance level of $25K and $27K will play a crucial role for BTC this week. However, if the pullback continues, it can find support at $22K and $20K.
COINBASE:BTCUSD
by TradeDog-Research
NEAR Big move depends on BTCNEAR is in a very good and initial zone to get into. Still the BTC upper movement is totally dependent on market structure right now, rather than the char analysis. I have shared my BTC chart analysis too, in my previous idea. But the movement depends on capturing the resistance bar. After capturing the resistance bar if the uptrend continues, it will very good for Near. I think 2-2.3 is a good range for Buy . If long, the manage the SL, as there had been no wick in past 2-3 months. So SL is a must.
by zenitsu7
2
BTC/USD - Weekly OverviewBTC had a positive crossover against the crucial psychological mark of $25K. The breakout suggested that there is significant positive momentum prevailing for the world’s largest digital asset. The RSI level is also trading at a bullish level (62.00) with the potential to have a positive breakout to the overbought region. However, the MACD level is looking vulnerable to a bearish crossover. Overall, the resistance levels for BTC can be placed at $25K and $27K. While, if the profit booking momentum kicks in, support levels can be placed at $23K and $21K.
COINBASE:BTCUSD
by TradeDog-Research
BTC/USD - Weekly OverviewBitcoin started to shed its positive returns at the start of the second month of 2023. As observed in the chart, the BTC price level is currently trading at a critical level of 1.0 FIB level upon which a negative breakout could result in further price damage. MA-10 also suffered a negative crossover against MA-50 in the past week. The downside expansion in the width of Bollinger Bands suggests that the world’s largest digital currency faces considerable selling pressure. The RSI level is also showcasing a falling channel pattern after sustaining in the overbought region for about a month. However, it is currently vulnerable to a negative breakdown to the oversold region The MACD level has also broken below the histogram while forming red bars. Overall, the support levels can be placed around $21K and $20K. On the other hand, resistance levels can be placed at $23K and $25K.
Short
by TradeDog-Research
Btc analysis on its 4 hour TF with supp & resisBTC analysis on its 4-hour time frame with support and resistance levels. As you can see, it takes support from the Fibonacci ratio of 0.382. Now it's time to observe a pullback towards its support line, and you can clearly see the 0.5 Fib level also near its support level of 22,200. It is also important to keep an eye on the divergence indicator and the Stochastic RSI, as they both show the oversold data. The 50-day moving average (50 MA) is also crucial as it has acted as support in the past, but now it has rejected the price and is acting as resistance.
by nawaab001