Bitcoin is trading in this channel for a pretty long time and expected to face the next resistance near 58K odd leaves.
Happy Trading!
InvestPro India Team
I think we are going to form this type of triangle and then 50% drop breaking 200 week moving average,and trend line.. panic selling will happen in Q4 or 2020 Q1 and that will be final bottom.
Comment your prediction.
A.O.A and Good Morning to All Brothers and Sisters!
Bitcoin Continue Downtrend for Retracement. Yesterday Candle Closed under First Reversal Point(Arrow#5). My Theory remain On same Point. P Wave(Arrow#3&6) is Still Valid. And I Wait Breakout of These Level to Know the Direction of Trend.
Yesterday Candle Is Closed Under The Level of Three days Movement. And If...
📈 Technical analysis BTC/USDT
Bitcoin is undergoing a local correction ahead of the halving, scheduled for April 20th. The price of BTC has already reached the 0.5 Fibonacci retracement level from the last upward impulse and is currently testing the dynamic support line EMA 50 4H. In case it doesn't withstand the pressure from sellers, we expect the price to...
📈 Technical analysis BTC/USDT
The price of Bitcoin has hit an all-time high amid expectations of the halving and capital inflows into spot Bitcoin ETFs. Currently, it is approaching a test of the local resistance trendline, which will determine the direction of further price movement. If the BTC price fails to overcome it immediately, we can expect a correction...
The price of Bitcoin has entered the 4-hour Imbalance zone, as we warned in all our recent ideas. Consequently, the price has broken above the global descending trendline and moved out of the previous price range. This BTC rally is associated with a significant accumulation of short positions, with the total volume of shorts reaching up to 85% compared to longs....
I have witnessed maximum orders
what psychology says maintain distance from the market
its downward simply now ,
has to cross 27500$ in order to climb upwards
Thanks
telegram and twitter in bio
remember 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
Super Duper selloff...
Back to near breakout levels... from where it took off.
have drawn important supply zone lines and support lines...
It will help you in trading decision...
Happy Trading...
Like... Share.. Follow..
BITSTAMP:BTCUSD
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns .
📌 That Dash Line Is Called...
BTC after bottoming out has given us a good upmove and a sharp sell off was met by good support.
Expecting BTC to test the all time highs pretty soon as it look really good on weekly charts.
A very good long opportunity for good rewards in the coming few days.
