BINANCE:BTCUSDT
The parabolic trendline plotted is holding up nicely and BTC is expected to reach range highs soon, given that the momentum gets a push. The RSI is forming a symmetrical triangle, RSI bounced from 42.46 which has been quite a nice bounce area for BTC in the past and I'm expecting this is the push we've been waiting for. The idea is that we...
#BTC / U.S Dollar
Broader range 27,678 - 47,044, any further upmove is above 47,044.
Avoid buying below 27,678, if the level breaks, then we might see a bigger fall, due to long liquidation.
Regards,
SG
#btc #crypto
Currenty BTC bounced of from 400 EMA and now trading very near to that. The yellow dotted line is a major support which have not been tested for a very very long time. If this support is broken and starts trading below that tehn we can finally say that BTC is in a bear trend.
Stay Cautious
Range Rider is my special script which identifies the prevailing consolidations within an existing trend and provides clear breakout trades.
It simplifies the trade setup with 1:2 to 1:3 in no time, when instrument is out off the consolidation zones.
this is a simple short trade on BTCUSD with 1:3 targets. and its cleared.
Now ramping up for another setup...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33600).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
This is literally the question most often asked in the comments section when I share any bullish article on Bitcoin... But what about the death cross?
A death cross happens when MA50 crosses bearish the MA100 line, here marked as Blue and Red respectively:
The death cross is a bearish signal.
When we do chart analysis, we do not take signals independently but...
Hello guys i had find this setup in 30m timeframe which is made inverted head and shoulder pattern and also buildup and broken trendline and also which indicate bullish we can get quick 1:2 RR with below sl also do your own analysis before taking any trade if you like my analysis plzz like share and follow thank you
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (32380).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
