BTCUSDT : Price Target for Jun-2022 Weekly Time Frame: As per the chart, Bitcoin has entered the Support zone of 150 Moving average levels and It also shows s positive sign at the 150 MA level.
That's a clear sign of a bull move, but still, we need volume confirmation.
Current Chart Structure: Falling Wedge Pattern ( Bullish Reversal Pattern)
Bitcoin Level based on the Falling Wedge Pattern
Buy Level means Breakout Level which is highlighted in a yellow dotted line: Entry 33620
Target level as per pattern 47420 which is mentioned in the blue color line
Stop-Loss that has been mentioned in red color dotted line 26150
Key things for Investing :
Perfect Entry/Exit
Less Greed
Accept losses/failure
BTCUSDT
btc analysisget ready for some red candles guys
as we can see there are rejection trend lines above our price which is in the range 25000-25500 this is a range we may see a rejection and fall back to near support
but as we see this was an unexpected growth which I don't feel will last long it all started due to Ethereum news pulling the BTC with it
so soon we will beck to our consolidating zone
don't get too bullish here wait for some move to come
let BTC reject the 25500 mark we will plan later
💎BTC: Very Soon We are going to Test 32000$Hello Traders,
After scary fall in crypto market, its time to shine again. we seen 1 month strong accumulation in btc, finally btc making higher highs and today we witnessed strong breakout frm recent weekly highs.
its not time to become strong bullish on the market and say bull run is coming bt atleast we can conclude tht in 6 months market will be bullish. first target i m expecting is 32k, which is last monthly candle high.
there are so many alt coins which are highly bullish on weekly frm tomorrow i will post one by one with entry and targets.
BTC/USD - Weekly OverviewBitcoin price level hovered within the consolidation range depicted in the chart. The world’s largest cryptocurrency maintained sustainability above the strong support level of $19K. Thereafter, the price level is currently attempting for a positive breakout above the consolidation range.
It must be noted that BTC faced a couple of negative breakouts after forming a consolidation range for a considerable time during the past months. Bulls might have an excellent opportunity to develop sustainability at a higher range and be a sentiment changer if the daily candle closes above the consolidation range.
Supporting the hypothesis is the positive crossover of MA-10 against MA-25 and MA-50. However, on previous occasions, we have seen significant selling pressure as soon as MA-10 goes above other moving averages, reflecting the present resistance.
RSI level is targeting the overbought region while residing at 63.34 at the time of recording.
Overall, BTC will face resistance at $23K and $24K. Incase of a turn of events, support levels can be placed at $19K and $18K.
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BINANCE:BTCUSDT
Good 3 Drive Swing pattern is unfolding which may result in sell off to the potential targets given on chart .
Not a recomendation to Buy/Sell :)
Also check related idea below for my last BTC analysis . Do "Like" if you feel good at my attempt :)
Thanks for reading,
Chintamani.
You should wait for your next trade till this BTC moveBTC chart showing that it would be go down as we can see, its making W(double bottom) pattern and may break down symmetric triangle, Make sure you wait for next trade till next move of BTC.
KEEP IN MIND, I'M NOT FINENCIAL ADVISER, IT'S JUST MY VIEW (I'M NOT RISPONSIABLE OF ANY KINDOF LOSS OR PROFIT IF YOU TAKE TRADE ACCORDING MY ANALYSIS).
#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
As we can see from the chart mentioned above, BTC broke above the upper trend line of this triangle pattern, and a retest Is likely in the upcoming hours.
Retest will be the confirmation to rally above the price level of $22.4k again.
Break below the lower green support will lead BTC again to move back inside the triangle pattern.
Let's see how it performs in upcoming hours.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Let's see BTC is this a wyckoff again?Hey everyone
I Guess everyone is looking for the btc bottom but when we extend the charts we can observe something cool
we can see btc forming wyckoff Accumulation and we just tested Resistance line above AR now we are moving forward towards ST in phase b
IMO we still have to wait for october to november for the start of the bull rally