Two possible scenarios for #BTC in my opinion. It either rallies from here (More likely) and takes out liquidity at 17.5k and then reacts either to HTF OB, Key Level (previous support), or the FVG left behind as marked in the chart. I will look for shorts wherever the price reacts out of these three zones. Alternatively, if the price revisits the newly forming...
$BTC $16,526 support gained with $17,097 as resistance. 1D close looks neutral, Market sentiment is still major factor here so it needs confidence from the market to show some good sign of recovery, to much FUD all around with crypto noobs scared to death. Watch S/R
Amid the collapse of crypto giant, FTX, the overall market conditions took a hit as the world’s largest cryptocurrency nosedived to a new two-year low of nearly $15.5K. The other cryptocurrencies also faced significant selling pressure as Ethereum is down by 20.15%, XRP by 25.65%, and polygon by 22.00% at the time of writing on a weekly basis. Considering the...
$BTC $15,689-$15,419 support in effect, Trying to hold $16K. Last 1D closed bearish, still looking for a solid ground. Supports to watch if breaks below $15,131 are $14,620, $14,019, $13,375, $12,863.
according to price action & previous history of btc can go 7000$ if more bad news in market like ftt & lunc comes btc ulimate bottom will be 5000$ so be prepared for ultimate low price of btc
Based on the fork, the trend continued to move down. But the bottom is near. It will reverse after breaking above the fork. The bottom can from between $10.000-$12.000 area.
Btc at important zone....daily candle closing below 17000 will drag btc to further low.....
$BTC $17,097 support holding, $17,592 initial resistance here. Bearish engulfing on last 4H $16,526 could be retested, No solid sign on reversal, $17,592-$16,005 expected moving range as of now.
$BTC just another day of stumbling, $15,689 support tested and held, lowest at $15,512. Last visited Nov 2020, 2 year low. Current weekly super ugly, and monthly too. This was 'Super follow-up' to 1D bearish engulfing. $16,526 resisting as of now, No sign of reversal yet.
Short btc .... scalping .....with tight STOP LOSS ......RSI IS OVERBOUGHT SO BEST IS TO SCALPING
$BTC retracing towards $20,066 support. Bearish engulfing from sunday on 1D time-frame getting lot of bearish follow thru. $19,894 support can be tested shortly, bearish engulfing on 4H too. Watch the support.
lets see if we can secure this trade with at least 1:1 RR. SL of 50 points Candle close above 17840 will change every thing Until then its a good risk reward. I am posting this for Live testing purpose. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or...
The world’s largest cryptocurrency has developed positive sentiment during the past week as the price level maintained sustainability above the psychological mark of $20K. Moreover, the price level was able to have a positive breakout above the resistance zone between 0.786 FIB level and 0.618 FIB level and attained a new weekly high of nearly $21.5K. However,...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (20913). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
CRV looks like a gem fundamentally (CRV USD coming up soon) and technically breaking the daily downtrend and retesting the breakout. A possible move upwards with some hope of an altseason.
$BTC Finally trying to break $21,299. Been below $21,299 since Sep 13. Got beautiful follow thru to bullish engulfing on 4H yesterday finally breaking $20,812. Current 4H closed beautifully above $21,299 at $21,449. Next resistance at $21,791, needs to gain $21,299 support.
BTCUSD Buy trade opportunities BTCUSD is currently on major support and the movement is consolidation zone if a breakout Resistance trendline with a strong bullish candle it will be a very good point for long with the next target mentioned in the chart
$BTC bullish engulfing on 4H close failed to get follow thru yesterday resulting in bearish turn and failure to gain $20,338. Again bullish engulfing on last 4H close today and current 4H will decide. Last 1d close not good, continue watching support.