While the price is above the support 17600.00, beginning of uptrend is expected.
We make sure when the resistance at 26700.00 breaks.
If the support at 17600.00 is broken, the short-term forecast -beginning of uptrend- will be invalid.
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
We have analyzed BTC in a two different time frame, One is Weekly and another one is Daily
Weekly Time Frame : In a weekly time frame , BTC is trading in a Lower High and Lower Structure , Using the Lower High and Lower Low concept we can expect the price of BTC may reach the $ 29770 .
Daily Time Frame : In a daily time frame, price of BTC is...
In an hourly time frame, BTC has been observed in Falling Wedge Pattern Structure
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish , although it appears after a bearish trend .
The falling wedge pattern works as both a trend work as a trend...
Descending Channel Price Action analysis - BTC
Price Prediction Analysis
A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with...
The above chart of Bitcoin (BTCUSDT) laid out a Cup and Handle pattern (Bullish Pattern) . In a Cup and Handle pattern, the price movement forms a U-shaped Cup and then a subsequent price drift downwards forms a handle.
This pattern in general is characteristic of a Bullish trend. If the price breakout and moves towards the uptrend, the bullish pattern is...
Ichimoku Trade Suggestion
What Ichimoku Says?
1) Positive Cross Over: Conversion Line Crossed above Base Line at below cloud zone (Bullish Sign)
2) Positive Coincide: Lagging Span and Price both have coincided (Bullish Sign)
3) Pending Action: Lagging Span and Base Line Cross Over is Pending (Action Pending)
4) Pending Action: Price has to cross...
$BTC Hhahaha told you! 😂😂😂😂
$22,750 tested, gave you the target at $21,299 retest. $22,750 resisted as expected, $21,791 support in effect. Put bullish engulfing on 1D close yesterday, today's close will determine if there's potential to really breakout from $22,750
$BTC Warned you about the $19,003 test😎, bounced right back up towards $20,338 resistance area and currently at it trying to break. $19,894 current support which could be tested now as last 4H looks bearish. 1D close of with bullish engulfing, will test $20,812 resistance👀
Consumer confidence higher among crypto owners than normies
Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index. A July 7 report from research firm Morning Consult shows that although average United States (U.S.)...