💎 BTCUSDT: Correction is OVER, Time to Rise up Again Hello Traders,
as u can see btc is trading in rising channel, lower trendline has given strong support. i m expecting btc will rise frm here towards 50k mark. before tht btc must sustain above trendline for 1-2 days.
in worst case if starts dumping below trendline then it will be really disastrous situation ...wait for confirmation on daily timeframe.
BTCUSDT
BTC/USDT-->INVERTED POLE & FLAG BREAKDOWNBINANCE:BTCUSDTPERP
TECHNICAL ANALYSIS
--> BTC/USDT had made a impulsive downmove earlier and was consolidating in a Inverted Flag Pattern since 3 months.
--> BTC/USDT has given a breakdown from a INVERTED POLE & FLAG Pattern.
Bitcoin Onchain Analysis
-->during the consolidatiion of BTC/USDT in a Inverted Flag Pattern since 3 months.
-->In this zone MPI, Miner's Inflow, SOAB(5-7yr,7-10yr,10y), Average Dormancy, CDD made huge peaks suggesting Long-Term-Hodlers booking Profits .
--> for a detailed analysis you can check it out on my portfolio by clicking the link in the comment box.
ENTRY
--> Take a postion when it gives 1 HR closing below 39100.
STOPLOSS
--> SL =42100
TARGET
--> Target 1 = 34100
Target 2 = 30100
#BTC update 1 hr TF#BTC dumped as predicted, price dipping till $42,000 level, which is the major support area. Now, a reversal is expected but this doesn't mean now.
#BTC still have room to play till $40,000 mark as it the lower range support. If price aggresively breaks the $44,000 or $45,000 level then a reversal will be confirmed.
#btc update #BTC broken the consolidating range to the downside and again made a down impulsive move lower after the retest. Price is about to reach the major support level around $42,000 and also we're mentioning from previous post that price is breaish unless it shifts the momentum from any major support level.
#BTC bearish flag 1 hr TF with 2 trade scenario#BTC again make a Bearish structure in 1 hr TF and keep an eye on #RSI & ##MACD if it break in bearish side then target is $42k - $39600k - $38400
or
If breakout happen in bullish side then target $43600k - $45600k - $46800k - $48000
Because at that time I was not there to guide you that's why I am providing you trade perspective.
I am not a financial advisor.
RISK & REWARD BOTH ARE YOURS
Until you join premium grp 😉
JASMY may boom once againCOIN NAME: JASMY
PAIR-USDT
EXCHANGE : ANY
STRENGTH:
It is At Demand Zone
Strong Fundamentals
Good Mark Cap
Buy: 0.0240 to 0.0260
T1- 0.0352
T2- 0.0450
T3- 0.0545
T4- 0.0636
SL - 0.0230 or HOLD
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC. Keep SL if you don't want to hold but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and my view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, and I will do it for you.
💎 BTCUSDT: Ready For Next Legup Towards 50k💣💣💣💣Hello Traders,
as u can see btc successfully made healthy correction towards 0.5% fib ratio area which is 48800$. looks like a retracement has been done of recent rally. btc must go up frm here if there is further drop possibility then it will test 0.618 fib ratio which is at 41587$. after daily strong confirmation we can build long position frm here and target is 50k.
Great alts ideas are in pipeline .. like share and follow me
#btc scalp 4 hr TF with head & shoulder #btc head & shoulder breakout. premium members have this chart before the breakout comes. So my other members have this in mid.
#btc still #bearish in daily time frame & maybe in apple meeting they announce something about #btc, if this happens then you should get reversal cross the finger and grab some #altcoin in a discount for future
Bitcoin - Smart Money Level To Pay Attention!Note how BTC failed to close any candles above the yellow line (smart money level) and the price was rejected at exactly the “double resistance” I pointed out earlier. Given the importance of this resistance, a breakout on the first try would be very unlikely, especially coming from a 38% rally in just over a month. A breakout on first try is usually rare and almost always ends up as a bull trap in the pullback in a context like this, then in this case we can consider the second attempt as the first one with chances of breakout and despite being quite bullish in the medium and long-term, I would recommend a buy only with the breakout + confirmation pullback above the yellow line. Regardless of the scenario, you should never buy on a resistance or sell on a support.
Btc update low volume market Nothing has changed yet and BTC is trading above the support area. Bitcoin is trading in the range of $45,000-$48,000 area. The local resistance on lower time frames is $46,900 and the major resistance is $48,000 area. We may see more sideways movement before a breakout of this range.