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BTC Long Is Bitcoin ready for a 24K$ Pump? Btc Long Entry - 20800 Exit -22800 The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level , the bearish trend would be sustained. Currently, Bitcoin ( BTCUSDT ) is in the range of $ 20250. If the pattern continues, the price of Bitcoin ( BTCUSDT ) might reach the support levels of $24700, If the trend reverses, then the price of Bitcoin ( BTCUSDT ) may rise to $17700 BTC has recently seen an increase in volume in the trend, which may indicate that the bottom has been reached. Price is currently consolidating between 20,000$ and 20,400$, which is another good sign at the bottom phase for a trend reversal. According to the current structure of BTC , if it breaks the trend line resistance, the price of BTC may rise to 24.7K$. Happy Trading
Long
by raghunathkadam777
2
APE/USD - Weekly Overview Looking at the Apecoin technical chart, the price level has faced significant selling pressure since August and is almost down by 43.00% since then. Considering the current trend, APE is struggling between 0.236 FIB level to 0.382 FIB level. Above 0.382 FIB level, there’s a strong resistance zone in which the price level is unable to maintain sustainability. MA-50 has also faced a negative crossover against MA-20 which can be an indication of an upcoming bearish trend The MACD level also in the potential to have a bearish crossover while the RSI level is looking vulnerable to a breakdown below 50. Overall, the technical chart reflects a bearish formulation for Apecoin and a word for caution for the upcoming days. Resistance: $5.50 and $6.50 Support: $4.00 and $3.50
COINBASE:APEUSDShort
by TradeDog-Research
BTC/USD - Weekly OverviewThe world’s largest cryptocurrency has developed positive sentiment during the past week as the price level climbed above and maintained sustainability above the psychological mark of $20K. Building upon the positive sentiment, BTC tested the resistance at $21K which is placed at 0.618 FIB level on the Fibonacci retracement table. But it did not have a positive breakout above the resistance level and currently facing moderate profit booking momentum. It could be expected that there’s a support build-up present at 0.382 FIB level. Considering the technical indicators, the RSI level is showcasing negative nature and is vulnerable to breaking below 50. The MACD level has also formed a bearish crossover and started to form red bars on the histogram. Overall, BTC has formed strong support points at $19K and $18K, respectively. On the opposite, if the positive trend prevails throughout this week, it could also test resistance present at $21K and $23K, respectively.
Short
by TradeDog-Research
Trading Signal For BTCUSDT Bitcoin Trading Setup: There is a Trading Signal to Sell in BTCUSDT Bitcoin . Traders can open their Sell Trades NOW Rank : ⭐️ ⬇️Sell now or Sell on 20857.00 ⭕️SL @ 21135.00 🔵TP1 @ 20265.00 🔵TP2 @ 19732.00 🔵TP3 @ 18992.00 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments.
Short
by pullbacksignal
Trading Signal For SHIBUSDT SHIBA INUTrading Setup: A Trading Signal is seen in the SHIBUSDT SHIBA INU. Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.00001193 ⭕️SL @ 0.00001113 🔵TP1 @ 0.00001481 🔵TP2 @ 0.00001675 🔵TP3 @ 0.00001946 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal