Bitcoin Triangular TrendlineBitcoin triangle trend line, shrinking triangle trend, green support bottom line at the bottom, red resistance breakthrough line at the top, and the green-red long bar below is the most critical bottom range.
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Bitcoin Parallel ChannelBitcoin BTC large level parallel channel, red circle top, green circle bottom.
#Bitcoin possible scenarios for the next bull market#Bitcoin possible scenarios for the next bull market based on time cycle analysis.
Bitcoin Falling wedge Ready for Big breakout Bitcoin falling wedge forming wedge ready for breakout 2023
Bitcoin Short-Bearish Pennant BreakoutBitcoin is making a pennant pattern which is about to breakout. It's a bearish pennant ,formed in 4h time frame.A bearish pennant usually breaks out downward but during the mixed emotions of the market and its' volatility can be cause of uptrend too.Also the market is on downtrend for a long time so a up move can be expected too.
But the major signs is in favour of bear market so keep an eye guys.wait for the move.The targets of upward is 18916 and 20997.and the downward target is 15640 and jump to 12133.Happy Trading.
Bitcoin BTC Fibonacci weekly chartBitcoin BTC Fibonacci weekly chart, which includes short term, medium term, long term, top and bottom prices, support and resistance levels, breakout and breakout levels, bounce and retracement levels, bull market levels, bear market prices of Bitcoin as long as You know how to use it, this picture is your money printing machine. The cryptocurrency market is full of news. It's better to stick to a few lines and listen to a few more. Everyone knows more about Satoshi Nakamoto’s contract hype. picture.
Bitcoin Analysis-symmetrical traingleBitcoin is making a symmetrical triangle,can break out any direction.keep an eye guys .
BITCOIN= great Setup ! Do not miss this!Bitcoin trading in tight consolidation post break out. Currently In flag pattern- great opportunity!
Bitcoin in bullish form-range breakoutBitcoin is breaking the range in daily timeframe.A confirmation candle is forming next.If the candle closed in green as a bullish confirmation,a long trade can be initiated for the next day. The upper support level of the range in image(21854.16) will consider as the target.
Bitcoin short-Double top breakoutBitcoin is forming a double top pattern in 1h time frame.The pattern is already retested two levels.If the wave breaks the support 1,a short trade can be initiated with the risk to reward ratio of 1:3 as seen on the image.It can take retest the level of support 2 and support 3 as well,so be patient.Also,US fed reports are coming so market can be volatile.
BITCOIN CHARTbitcoin follows DECENDING WEDGE when it break the wedge it follows the arrow which i drawn.
Bitcoin AnalysisBitcoin makes bearish harami candle in daily time frame(1D).If tomorrow,the market will open under today's low,a short trade could be initiated.
Bitcoin INtraday ...target 2 timesBitcoin INtraday ...target 2 times, here as you can seen :Long position is established by me, with small SL, more quantitiy to be added as 5 and 15 RSI are in oppostie side.....than 45
Bitcoin is trying to boom boomBitcoin is trying to take support in it's support level and it's in upper channel and already retested the upper channel multiple times. Now the chance of moving up is very high.
Bitcoin Daily analysis Bitcoin is gradually moving towards the resistance area of $20k.
There's high possibility that Bitcoin may test $22k resistance level today if #btc is able break and hold the $20k resistance area.
Let's see how Bitcoin will react to the $20k - $20.4k resistance area today.
Bitcoin major support areas for now $18,500 - $18,000 and we may see another test of this zone. The local resistance is $20,000-$20,400.
Use tight STOP LOSS in all trade.
NFA✍️
BITCOIN - End of the Road or a New Bull Run?BITCOIN - End of the Road or a New Bull Run?
Spectacular run over for now.
Needs to Hold 14100-17700 for upmove. - Will it retest 28800?
Below it 3700 possible? (does not seem to be on the cards for now).
Bitcoin supportBitcoin support
Support break
You make profit if you understand trend and chart pattern
Bitcoin daily chart on CME
Bitcoin daily chart on CME - we are in a weak bullish channel with a Doji Star on the red arrow giving the signal for the reversal.
At the moment falling to 2 possible prices 1- 22,190.00 dollars Fibo 61.8 of the last high leg and the other target is 21,095.00 which is the mejure move ABC.
Note we are close to the main bearish trendline. We can see this channel being a possible bearish flag setup.
When it hits this trendline, it can break up and go for $30,000.00 or it can fall and go for $17,500.00 to $18,500.00
Not to financial advice.
Bitcoin will rise to its position Bitcoin is at a level to rise and could reach the level of 50,000 soon.
BITCOIN 22550 SHORT TERM TARGET - 4HR CHART BULLISH VIEWBITCOIN 22550 SHORT TERM TARGET - 4HR CHART BULLISH VIEW
in Bitcois currently trading in the SUPPLY Zone which is being already tested. Hence looking at the 4HR timeframe trendline resistance breakout it will soon test during this month the fresh supply zone upside at 22550 level. approx 1000 points gain mostly in next week. If you are holding your positions , target to exit at 22550
Bitcoin Bottom Formation Bitcoin is forming bottom, we still have to see more fall towards 16.9 - 18.1 k, that's where bottom resides.
Why I say so? there are 2 reasons for it
1- Tech analysis (covering in this chart) showing we have to go down to re-affirm the W pattern in H4 and double bottom . We are still under -DI which needs to be neutralized.
2- Fundamentally and historically each previous bear cycle intersect with each other , If you would have see C2 intersect with C1, C3 with C2,C1, C4, with C4,2,1 and current cycle C5, Intersected with C3,2,1 but C4 intersection still pending thats again somewhere pointing at 16.9k approx
bitcoin - path aheadBitcoin is currently in its last leg of fall, a new low pending after some retrace and then one way up.
expected path traced on chart
BITCOIN #BTC #BTCUSDT Bitcoin is looking fresh negative on monthly charts with negative rsi divergence although it is not good time to say for short because earlier i told it is negative at 280000 but yes it is weak in current setup
