$BTC Daily update$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.
Cryptocurrency
Harmonic pattern shows bullish turn here.btcusdtlong idea with help of bullish cyper ,once divergence is confirmed then go for it
Ethereum market analysis It’s been awhile since we’ve updated ya’ll with the current market situation. The crypto market has been moving sideways since the last drop from 30k to 17k, hence we have been quiet on the sidelines. This usually indicates an accumulation of orders before its next explosive move.
We currently have been motoring #Ethereum and to give a brief update as follows:
#Eth on the daily is currently sideways, neither forming higher highs or lows. A break of $1260 could indicate a movement of price towards $1611-1800. This zone is key supply area and will act as strong resistance. We would be looking at selling our reminder of our holdings at these levels. As the chances of it dropping towards 740 - 200 is significantly high in the coming days/weeks. Which is where should this occur , we will be looking at accumulating aggressively at these levels in play for long term holdings.
NOTE: This is not financial advice, please do your own research before investing.
ETH : Looking for Short!ETH is looking for short after forming correction & has the ascending channel within it for a movement to the downside.
$BTC Daily Update$BTC Testing $20,338 resistance area, last 4h close with bearish pin bar, current support at $19,894. Needs to close today's daily above $20,338 to avoid bearish pin on daily.
BTC/USD - Weekly OverviewThe past week's price performance resulted in more skepticism among investors as BTC faced multiple negative breakouts below the crucial psychological mark of $20K. Compared to the previous high of the previous month, BTC is almost down by 37%.
On the Fibonacci retracement table, the price level has fallen below the 0.236FIB level and unable to have any positive breakouts since then. The RSI level is constantly facing resistance at 50.
Considering the technical pattern, BTC has formed a descending triangle from a couple of weeks of price action. A positive breakout from the pattern in upcoming days might hint at the revival of bulls and vice-versa. The BB has also contracted its width on the chart while showcasing downtrending nature. The price level is having a hard time sustaining above the baseline of BB.
Overall, exposure to further downtrend might be a possibility if the world’s largest cryptocurrency stays below $20K. In that case, support levels can be placed at $18K and $17K. On the contrary, if the bulls are able to make a comeback, resistance can be placed at $22K and $23K.
Bitcoin 1 hour Breakdown Forming a bearish pennant and targets comes to 17500 level $ , Can bleed more since that’s the major support and breaking that - can go down to 13-14 k $ levels
$BTC Daily update$BTC Testing $19,003 support as i told you yesterday. $19,535 area resisting as usual. If breaks current support $18,529 support will come in effect as yesterday's 1D close was bearish pin bar. Continue watching given support and resistance area.
$BTC Daily update$BTC Yesterday's 1D close with bullish hammer which was followed by $20,812 test which is again a key resistance, about 18H left for current 1D close, last 4H close signaled major bear with bearish pin bar, possibility of $19,003 test on current or next 4H.
BTCUSD Trading Plan - 30/Jun/2022Hello Traders,
Hope you all are doing good!!
I expect BTCUSD to go UP after finishing this correction.
Look for your BUY setups.
*This BUY is risky and I am biased only for short term upside, if you dont know how to manage your trade, dont take the risk now and wait for it to break the last low for HPB .
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BNB : Looking for Short!BNB is looking for short opportunity & expecting to reach at 183$ for a nice sell. After formed ascending channel.
ETHUSD : Looking for Short!ETH is looking for short after having correction & reached to the top for a nice movement to the downside & has formed ascending channel for a move to the downside.
BTCUSD : Expecting to reach at bottomBTCUSD after made a weak rally & doesn't have its strength to reach to the upside. Expecting to reach at the bottom for a move to the downside.
Solana long term viewHere is monthly chart of FTX:SOLUSD . It shows clear 5 wave impulse followed by ABC correction that is still not complete. Once we get a positive monthly close then we can expect the next 5 waves impulse on the upside that the size of it should be at least same as the upmove of previous 5 impulse waves (1-2-3-4-5).
It's a wait and watch game from long term investment perspective. Incidentally, most other cryptos too show same ABC correction and chances are most of them will turn together with possibly BITSTAMP:BTCUSD turning up a little sooner than the rest.
$BTC Daily update$BTC $20,338 support came in effect breaking $20,812, 1D close with bearish pin bar. Last 4H close with bullish doji. Expecting range of $20,338-$20,812 here for today.
$BTC Daily update$BTC #BTC Broke $21,299 with reattempt at $21,791 which resisted and held strong. 2 Attempts in last 6 days to break $21,791, 1W time-frame seems to be settling down slowly from the bearish turn. Continue watching $20,812 support which remains key for now.
ETHUSDTSupply and demand pattern formation on ETH on a 4hr timeframe ! Target should be around 1050$ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of Market sudden crash ! This chart is invalid !
Thank you!!!
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YFII pole & flag bullish Breakout 1 Hour timeframe Check out the chart and whenever it breaks the yellow Trendline with a closing Of 1 hour candle above the trend line , can enter for Top of the flag and Beyonf Targets
$BTC Daily update$BTC #BTC Bullish engulfing on 1D played out with climb to $21,299 and the same remains in effect as resistance. Built good support above $20,812 and holding, needs to break $21,299 or high chance of breaking the support. Weekend feels bearish currently. Stop looking and enjoy the weekend
$THETA LONGWhen applied Elliott wave theory we have completed 1st impulsive wave (leading diagonal) and ABC correction which is wave2 and now we are currently in wave3
Tp : $1.75 , $1.85
PPTUSDT : Looking for long opportunity! PPTUSD is looking for buying opportunity after formed descending channel & has double bottom have to wait till it reaches at the bottom 0.0659 then go for long! Circulating supply is great along with has the decent exchange platform.
$BTC Daily update$BTC Back at it testing $20,812 resistance. $19,894 held well, no retest of $19,535 yet. 1D close and 4H not looking good still counting on $19,535 retest and probably $19.003 too. Continue watching given support and resistance areas.
BNB PERPETUAL FUTURES Short term support and resistanceBNB PERPETUAL FUTURES Short term support and resistance based on recent swing high and swing low, if it breaks out then little upside movement can be seen vice versa.
Please Let me know if this helps
