#Bitcoin 4-hr.Chart Analysis
CRYPTOCAP:BTC moving under Ascending Broadening Wedge Pattern, As per 4-hour chart, its cycle started from 18 August, as well same wedge pattern moving under hourly cycles too..
The last cycle of this Bearish Pattern will be finish around 12-15 September, after #DeathCross, and the CRYPTOCAP:BTC market moves into much more deeper...
#bitcoin 'hourly' chart,
we are in wave C of an extended flat correction after a 5 wave impulse. Expecting wave C to be 1.618 of wave A at 28700 which would mark wave II, 0.382 retracement of wave I. Price above 31500 will mark the next phase of uptrend.
Trade at your own risk.
Thanks and regards.
Bitcoin is about to breakout this zone which is confirmed by the triangle in 4hour time frame where price kept consolidating , so far now , it would be a blunder for those who is thinking that the more correction is left to watch.
Bitcoin is consolidating in a narrow range on daily timeframe . If it breaks range , it will give a next bullish rally .
Entry :- Above 31500 on closing basis.
Stoploss :- below 30500 on closing basis if entry is activated.
Target :- because of a narrow range consolidation it breaks 31500 leval and sustain it can touch 35000 round level and above...
BITCOIN 15 min. Chart Analysis
As per scenario, BTC movement of Yesterday & Today running under Pennant Pattern into 15 minute chart which is max. valid for 24-72 hrs. at previous Pennant it moves perfectly and as per second Pennant , if it will be moves accurate than, major chances it will reverse from $31.85k around and starts their Downtrend cycle very fast in...
BITCOIN 1-hr. Chart Analysis
As per present Scenario in BTC, its moving perfectly into Rising Wedge Pattern. So, it will be try once again a Uptrend cycle up to $31,950 and reverse back very fast into Downtrend cycle up to next 48 hrs. maximum.
While, as per FIB extension, BTC chart displays every retracement of down cycle towards FWB:27K
Always #DYOR before...
#Bitcoin CRYPTOCAP:BTC
As anticipated earlier, the following bias is still in play. We get rejected from here creating a local top and down to around 28.6k.
If holds and accumulates, we can see 30.8k retest but if it doesnt we may nuke even more. I am more bearish right now than before.
We need a good correction to follow up this bullish momentum.
Imo, we...
BITCOIN DOMINANCE 1-day Chart
As Per Broadening Wave pattern movement into BTC Dominance Chart, it's crossed today 50% of Dominance now. Its last time into above 50% of Dominance at 1st May 2021 at final stage of Bullrun finish point. but very big chances, as per pattern that it revert at 45-46% again last time in July to August into Last Bearish Zone cycle and...
Bitcoin rally if inverted head and shoulder breakdown
After breakout market will spent time to invite sellers after seller enter market may be rally on the event
