btc breakoutbtc broken of 1 month range a smaller resistance and huge resistance.. breaking both of it
Cryptocurrency
BTC/USD - Weekly OverviewThe world’s largest digital asset is facing consolidation for the past couple of weeks. On the technical chart, it has formed a consolidation range between FWB:27K to $29K.
Within the consolidation range, the price level is having support from the middle basis and resistance from the upper line as well. An opposite move could be a significant momentum signal.
The RSI level is showcasing negative nature (55.85), which means that BTC might again test the support present on the middle basis.
The level of consolidation could be identified through Historical Volatility which is currently just at 7.52.
Overall, Bitcoin needs to break above $30K and then $32K to resume its bullish momentum. On the contrary, if the profit booking momentum kicks in, it will have support at FWB:27K and FWB:25K , respectively.
Btc tragular pattern Crypto currency btc analysis btc make triangular pattern
Below 27600 short above 28800 go for long
Bitcoin next move updateBtc is at major resistance of 30k
Deciding area of bitcoin .
If it breaches 30k then the trend reverses officially .
Small pullback from here is avoided
Bearish sentiments starts below 25k
Although i am bullish here
Bullish sentiments is the higher probability over here
Go Long in BTCUSDT ( Bitcoin) Target 28500+Bitcoing trading at support zone, and this is the best entry point to go long for target 28500+
MACD is gonna to support and will give bullish crossover anytime.
All indicating a bullish reversal from this price, so accumulate from current price 27695 to27550 if you got, otherwise take position from current price and go long for targets given on Chart.
Please follow strict stop loss.
If anyone like my work please like, follow and comment.
Thankyou.
BTC/USD - Weekly OverviewThe world’s largest cryptocurrency is now eyeing to break above the crucial mark of $30K. In the past week, BTC did face profit booking momentum which forced the price level to drop to $26.5K.
However, the level bounce-backed and currently maintains sustainability above 0.236 FIB level, which is a positive sign
The expansion in the width of Bollinger bands suggests that BTC might be ready for another potential upside.
For breaking above the $30K mark, the RSI level must sustain above 50 but currently showcasing negative nature.
Overall, BTC bulls will face resistance at $30K and $32K. On the contrary, if the profit booking momentum again kicks in, support levels can be placed at $27K and $25K.
bitcoin major support , major resistanceremember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
!thanks
Short of AGIXUSDT with very Good RRI explained my reason on chart.
My entry prices: Current market price already entered, $0.60, 0.65
Stop Loss: $0.70
Target: Trailing based on the 4hr Time frame swing.
BTC/USD - Weekly OverviewThe world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level.
However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level.
The RSI level also showcased its negative nature while residing at the level of 36.72.
Overall, the support levels for BTC can be placed at $26K and $24K. While the resistance levels can be placed at $30K and $32K.
if it break then be ready for blood bath if it breaks the supportive line we may see some blood bath. For long until BTC breaks 28k-30K zone i am not looking for longs there is a CME gap at 20.5K which may be filled looking current scenario but until and unless it breaks level we have to wait. NFA
If bitcoin doesn't follow this , these are some supports level Bitcoin close the weekly candle above the $25,000 key level. We will see a last wave toward the $29,000-$32,000 resistance level. You can start booking profit or increase your stop loss as we might see a test of the $25,000 level in the coming weeks.
if btc doesnt close above $28700 then the reversal patterns for price action start to perform and bounce back previous week price.
do your own research
this is for educational purpose and mention your comments and opinion below
thanks!
Weak bullish trend in bitcoinBitcoin is going is high, but volume is decreasing continuously. Its a sign of weak bullish trend.
Market will fall soon !!
DOTUSDT Long on 4hr Order blockDOTUSDT Long on 4hr Order block and key thing to note that btc dominance might reject on weekly timeframe and the fund can flow on altcoins which can give a altion a rally.
BINANCE:DOTUSDTPERP
bitcoin running sideways in briefI hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any trade cause anytime it can move in any direction
institutions are fearless beware of any stupid analysis of people
take your time then dive into trades directly
it will be good for your PnL
follow for regular feeds
find me anywhere
i will provide you the best information and updates of the market
best of luck
stay tuned for further!
@Cryptoxcountry
BITCOIN ROCKING ‼️Bitcoin Price Enter Again In Rising Channel. So It Is A Good Move By BTC...It Seems Bullish Seems Bullish. Now BTC Will Try To Break Out The Channel. So Keep AN Eye On It.
BTC/USD - Weekly OverviewThe past week for Bitcoin turned out to be fundamentally negative as crypto-friendly and related banks collapsed. However, at the time of writing, the world’s largest cryptocurrency showed symptoms of recovery as the weekly loss stood at just around 1.00%, even after suffering a dip below the crucial mark of $20K.
On the Fibonacci retracement table, the 0.5 FIB level acted as a strong support zone for BTC while it currently faces resistance at the 0.786 FIB level.
Technical indicators including the RSI and MACD have shown significant build-up for a positive bounce back.
Overall, BTC is facing resistance at $23K and $25K, while the support levels can be placed at $20K and $18K.
Dydx shortedDydx shorting situation
Double top breaking down and we can se its a fakeout in weekly timeframe so we can expect a fall down for some time
GBPJPY | ANALYSIS | 1h Consolidating in the yellow zone for six days expecting a breakout or breakdown. I'll update the idea when it is active.
Matic ?? Matic is very good coin i am not questioning it but the way markets sentiment is its hard for matic to break 1.5$ resistance this is something i am assuming what i have drawn in chart it wil be clear if we play level to level
BTC/USD - Weekly OverviewBitcoin faced significant resistance from the crucial psychological mark of $25K during the past week. Due to the pullback by the resistance mark, its weekly performance is facing a loss of approximately 6.00%.
MA-10 has faced multiple negative crossovers against both MA-20 and MA-50, respectively. It suggests that BTC is again entering into bearish sentiment.
However, on the Fibonacci retracement table, the level of 0.786 FIB level is proving to be a strong support level for the world’s largest digital asset.
Considering technical indicators, the RSI level has formed a falling channel pattern and looking vulnerable to a breakout to the oversold region. The MACD level has also faced a bearish crossover and currently forming red bars on the histogram.
Overall, the resistance level of $25K and $27K will play a crucial role for BTC this week. However, if the pullback continues, it can find support at $22K and $20K.
POND USDT - 5X or more in 5-6 monthsPONDUSDT after staying in consolidation phase for more than 9 months .
Ready for Breakout anytime soon.
Buy within the zone mentioned.
Manage Risk accordingly by using SL @ 0.00875
( IN CASE MARKET CRASHES as Cryptocurrency market is highly Volatile in nature)
Can easily give 5X from this point within next 6 months.
( and has potential to reach 10x as well.)
Strong project Working in WEB3.0
Current Figures -
Rank - 293 (Acc to CMC )
Mcap - 95 million $ ( which ia very small Mcap )
ATH - 0.25 $
CP - 0.0117 $
CIrculating Supply - 81%
Max. Supply - 10 Billion
BINANCE:PONDUSDT
$ROSE Cup & Handle FormedAmong the Layer-2 and ZK coins this one coin $ROSE from Layer-1 caught my attention.
It successfully formed Cup & Handle formation which indicates a bullish trend, also volume is just increasing.
It will face a small local resistance and if the market condition is good we may soon reach the profit target.
Entry, Exit and SL clearly marked in the picture.
$BTC attempts to break my liquidity box$BTC has previously made three attempts to break the liquidity box but was unsuccessful in doing so. A rally to 29k can start with a close above 25.2k. Normally, it takes 4-5 solid volume attempts to crack a box like this.
Not a financial advice
Trade at your own risk
