Bitcoin bounce from trend line/horizontal support as per my previous analysis and as soon as BTC price break EMA & Falling wedge. then we can see good upward movement in BTC...
if it fails to break then we see BTC 20k$.
Lets seen what BTC offers to us.
#BITCOIN 2 hr. Technical Analysis
As per present trending chart from June starting, BTC previous cycle moved on Bullish Pattern as per Regression trend, while into present cycle it is moving on Bearish Pattern as per Regression Trend and soon will be major chances to break out strong support of $25.2k within 48hrs.
Bitcoin's head and shoulders bottom, the daily line has broken through and stepped back on the neckline support of the head and shoulders bottom, and then it is bullish to go above the white trend line. After a year or so, it will break through this white line to a new high.
Bitcoin BTC ascending channel, five-wave trend, has stepped back on the lower support line, looking above the ascending channel, and finally broke through the ascending channel to a new high
Bitcoin BTC ascends in a triangle, breaks through the upper green line, and finally reaches the upper yellow line, looking at the new high before the breakthrough.
Bitcoin trading in a range 27k-30k, and now it is near to down range and it has taken support. Price action indicating a upside moment in it. Chances are very high it can travel towards 29k+ levels. So risk and rewards looking very favorable from this level to go long for at least 1000 points. if price closes above 28k levels then a sharp momentum expected in it....
bitcoin in 4 hour frame creating higher highs and higher lows to liquidate positions
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higher risk taking is not solution to build your portfolio
do your own research and work hard with dedications
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.
BITCOIN 9th february 2023 solved in just 1 second with my technical indicator,you can see that how good is my indicators ,follow me for regular updates
#Bitcoin #BTCUSD - after much consolidation and fall, could be a decent long potential for now, before deciding it's further moves. Can go long as per following levels:
Enter Long @ CMP 16550
SL 15200
Target 18700
Bitcoin is expected to make a move upto 12K levels very soon. There can be a bounce back till 18K post but till it is below 22K on WCB, it is not a buy at all.
Bitcoin buy @ 18700
Stop loss 17000
Target one 21473
Target two 70000
Trade based on price action and supply and demand zone
Buy it now and make a profit and thanks me later
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