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...
BTCUSDT 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👀
Fundamental Development:- 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.)...
$BTC $20,812 resistance remains strong with current support at $20,338, last 1D close with bullish engulfing if played out we could see $20,812 being tested with good strength today.
btcusdtlong idea with help of bullish cyper ,once divergence is confirmed then go for it
Buy above B point and keep the stoploss of C point
BTCUSDT Long At 23200 Target and Stop Loss given in the chart Happy Trading
Can be good risk reward ratio buying at 29500-29550 for target of 31000 with tiny SL of 29000
Fundamental Development:- United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial and chief investment officers regarding their firm’s asset allocations and portfolios. The investment banking giant recently released its annual global insurance investment survey, which...
Fundamental Development: Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has told his followers that his LUNA-inspired tattoo will serve as a reminder to remain humble in the world of venture capital investing. Following the fallout of the recent LUNA / UST meltdown, Novogratz penned an open letter on Wednesday, telling his...
Fundamental Development: During a recent event hosted by The Wall Street Journal, Bank of England Jon Cunliffe opined that retail investors do not actually understand cryptocurrencies. He added that cryptocurrency buyers could end up losing all their money since digital assets are highly speculative. The oft-repeated warning is highly relevant in the wake of the...
Hi, we can see BTC/USDT in 1day TF. So far it made a breakdown from its parallel channel and now it is taking support at its major support level($37560). If it makes back in to its parallel channel we can see BTC at $50,000 in no time. And we have some major resistence level $40,000/$42,000. We can see BTC up with 20% if everything goes nice.
Hello Traders, as u can see btc is trading in rising channel, lower trendline has given strong support. i m expecting btc will rise frm here towards 50k mark. before tht btc must sustain above trendline for 1-2 days. in worst case if starts dumping below trendline then it will be really disastrous situation ...wait for confirmation on daily timeframe.
BTC formed a low and deviated below low, now it’s back to previous swing high and price will retest the breaker to continue further
Hello Traders, as u can see btc successfully made healthy correction towards 0.5% fib ratio area which is 48800$. 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...