ACAUSDTFalling Wedge Breakout Has Already Done And Text book retest Going On
incase Of successful retest Expecting Decent Bounce
Crypto
Btcusdt looks Ready To Test 14.5kBtc Looks ready to 14 To 14.5k Area
We Can expect Bounce From Lower Line Of falling Wedge
We Dont Have Any reason On Chart to Buy Btc
$BTC Daily Update$BTC #Bitcoin as expected visited $16,750 and broke below dropping to $16,526. Bearish engulfing followed thru on last 1D close as expected. Next supports to watch $16,155-$16,383. $16,750-$16,905 resistance will come in effect from here. Current 1W looking ugly awaiting close.
BTC Short opportunity , Look at Key levels i have plotted key levels and support and resistance on BTC/USDT chart that clearly shows the end of a weak trend and i am quite sure that we r gonna go down , if BTC breaks my ley levels ....
TP and SL is already given on the chart , so trade cautiously . TAKE ENTRY AT - 17487 $
and ask me next analysis article and any ques that u guys r having
$BTC Daily update$BTC $17,301 support in effect tested once and holding. $17,592 initial resistance from here. 1D closed ugly with bearish engulfing as expected yesterday, Current support remains crucial to hold or revisit to $16,750 possible.
$BTC Daily Update$BTC Fakeout at $17,999. $17,592 support holding as of now, last 1D closed very bearish, possible bearish engulfing on 1D. $17,301 support crucial to hold. Continue watching given S/R areas
Gold is about to start a Bull CycleGold is Bullish. They want to distract you with the "fools gold" (crypto) while they buy the real gold (XAUUSD). They'll tell you to sell when they're buying - just as the banks have been with Gold. Stay Classy and enjoy the new Bull Cycle. (Physical Gold is preferred imo) Check RSI on 3Month chart as well ;) Not financial Advice
$BTC Daily Update$BTC As expected bullish engulfing $17,592 tested and broke, $17,999 resisting as of now. $17,592 tested on 4H and held, requires continuation from here to ensure progressive climb. 1D close looks beautiful, $17,592 support to watch on 1D, $18,261 could be key resistance
$BTC Daily update$BTC WOW! Flip the bearish engulfing last 1D closing bullish. Attempted at $17,301 currently struggling at the resistance since more than 12 hours. $17,097 support yet to tested, if bullish engulfing followed thru today we could see $17,592 test. Weekend approaching
$BTC Daily Update$BTC Hanging on $16,750, bearish engulfing on last 1d close. Looks weak $16,750 at high risk. Watch $16,155-$16,383 for support if bearish engulfing followed thru.
Bitcoin #Bitcoin is Hope.
In 2011 #Bitcoin dropped below $20.
In 2015 #Bitcoin dropped below $200.
In 2017 #Bitcoin dropped below $2,000.
In 2022 #Bitcoin dropped below $20,000.
What's going to happen next for #Bitcoin ?
?
Crypto trading challenge (BTC SHORT)took this trade earlier, my poi will be towards 16500's for now to start looking for any longs !
i try to stick to basic pa with minimal help of technical analysis for taking all my trades. also , for this trade, i had set a limit order because it was a high conviction setup even though usually im against it.
will keep updating the challenge here occasionally!
BTC DIp over,Now Start Accumulating at CMP 47360.18 $BTC DIp over, Now Start Accumulating at CMP 47360.18 $, I have checked the whole chart support & Resistance and come to the conclusion that now dip over.
$BTC Daily Update$BTC $17,301 Continues to resist, no support from $17,097. $16,750 support currently in effect. 1D close bearish, failed to follow thru on bullish engulfing on 1D. Breaking below $16,750 will bring $16,155-$16,383 test, requires to hold $16,750 to reattempt
$BTC Daily Update$BTC #BTC $17,097 resisted during the weekend as expected. Finally gained $17,097 as support, $17,301 resistance testing. 1D close with bullish engulfing, $17,592 next resistance from here which will require some struggle as it is a key resistance.
$ATOM idea. possible breakout from diagonal resistance$atom long possible trade setup! will be taking this one on my crypto challenge!
$BTC Daily Update$BTC Looking good, great follow up on 1D bullish engulfing. $17,301 resistance in effect. $17,097 support testing. Requires to gain $17,592 support or it will retrace towards $16,750 support or below.
$BTC Daily Update$BTC Put bullish engulfing as expected on last 1D close, current 1D trying to follow up. $17,097 resistance in effect, $16,750 current support yet to be tested. Continue watching given S/R
Want to see double top reversal ==> Here it is Bitcoin!!!!Double Top in Bitcoin
Crypto market has shown bull and bear cycle in very short span of time.
From rising from 10000 usd to 69000 usd and from 69000 usd to 16000 usd in span of around 2.1 years
I think it is fastest reversal of any new tradable market.
Double top means making almost two equal highs and failure of bull to make new high while bears pressure of continuous selling makes this pattern.
Neckline is where bitcoin has taken support as seen in chart.
Generally target from top to neckline is expected in double top.
Let us see whether bitcoin makes new low from now to reach target as marked in chart.
$BTC Daily Update$BTC $16,155 support remains precise, $16,526 resisting like I said, 4H closed with bullish engulfing current 4H following up 2H13M remaining, good chance to gain $16,526. 1d close above $16,500 will put bullish engulfing on daily, $16,155 1D support, $16,383 untested yet👀
$BTC Daily Update$BTC Broke $16,383 support as expected, $16,005 support in effect currently trying to gain $16,155. Last 1D close very bearish which resulted in this drop. $16,526 will resist on retest. Breaking $16,005 could bring $15,689 in effect.
