Bitcoin is seeing a steep correction. It is a t a critical camarilla R3 pivot support level of 34885. So, if it takes support here then we could see 38322 level. Momentum is not supportive at this time. So evidence of trend reversal is not there yet. But if this support of 34885 is broken, then 29975 (30k) is the next major support (the previous rebound happened...
2 possible scenarios with Bitcoin . It will either bounce from Zone 1 or further fall to Zone 2 which is a stronger Demand Zone. Also the sharply falling StocRSI suggests it could likely fall to Demand Zone 2. Unless we see a strong reversal on the 4hr and 2hr TFs this trend will likely not change! == I swear by the StochasticRSI. It's probably one of the best...
It seems like forever since we last had a bullish wave for Bitcoin, we've been seeing red since Nov. 2021. Now, things are starting to change! Today, we can see prices moving above EMA10 daily on a bullish note for the first time since September 2021. We use EMA10 as the main indicator to gauge a pairs bearish/bullish potential in the short-term. If prices...
Looking at the 1H timeframe for the BTCUSD pair, we have multiple bullish signals developing; the path is clear to $44K. Let's get started! First, we have a volume breakout. Volume is a very important signal used for confirming a move. Rising volume as prices challenge resistance is always good. The MACD is on the bullish zone and ready to grow. The RSI is at...
We know we are at a crossroad and everybody is wondering what the conclusion will be; Bear (red) or Bull (green). Since the beginning of this year, I am of the view that Bitcoin will break upward giving us a small relief rally or "price bounce" as I call it. This would push prices up before any additional bear action takes place. Now, let's look at 3 bullish...
Hello my fellow cryptocurrency trader, how is this Tuesday treating you? I am hoping you had a great Full Moon day yesterday... Please, allow me to ask you a few questions related to Bitcoin, reply in the comments with your thoughts. Bitcoin Sentiment The Crypto Fear & Greed Index is now set at Extreme Fear (1), it has been like this for weeks. ...
We are looking at the Renko chart for Bitcoin (BTCUSD) on the 4H timeframe, we have a buy signal. The Japanese Renko charting system is very useful and easy to understand, it can help you define trends. You can get a buy signal when you get a green "Brick" vs a sell signal when you get a red brick. We have a green brick with high volume, giving us the buy...
We are looking at the 1H timeframe for Bitcoin, where we share our short-term trading ideas. We can see that the bulls are still ahead. This is an update to my previous 13-Jan. article. After the 13-Jan. peak, Bitcoin hit a new low (higher low) on 14-Jan. The main low came out 10-Jan. These are all marked with green circles. The MACD has entered the bullish...
Good morning my fellow cryptocurrency traders, how is Bitcoin looking up today? We have the short-term chart, 1H timeframe, with a positive outlook. - We have been seeing higher lows within an ascending channel. - BTCUSD 1H managed to break and close above the MA200 black line. - We have a strong RSI and bullish MACD. - Prices remain safely trading above...
Slowly but surely Bitcoin (BTCUSD) is starting to recover. Here we are looking at the short-term chart, 4h timeframe. We can notice the classic cup pattern starting to form, this is very common when a bottom/low takes place. After the cup pattern a bullish jump tends to follow. We have bears and bulls fighting with EMA50 being the next immediate resistance at...
Bitcoin last drop is very likely in and we are about to move up... Let's go into details. Bitcoin has been dropping since the 10 of November with no relief rally/bounce, nothing at all, basically we have been going straight down. That's 60 days in the red. The RSI has been ranging near the oversold/weak line for a while now. Normally, Bitcoin tends to recover...
Bitcoin is at previous support level. Either it will reverse or can be bearish further.
short bitcoin until 2023. this chart is in mountly timeframe.
We'll go through Bitcoin BTC Price Prediction 2022 in Hindi. Bitcoin (BTC) Hidden Chart Patterns | BTC will Pump or Dump? BTC Technical Analysis
We are going to be looking daily at Bitcoin (BTCUSD) either on the 1H, 2H or 4H timeframe, sending out short-term updates... Stay tuned and please bless us with your support. Looking back at the 4H timeframe, the same TF as yesterday, we have a Doji to close Dec. 29. The Doji when coming up as it is showing on this chart can work as a reversal signal. Another...
We have multiple signals telling us that Bitcoin can move straight up. Looking at the 2h timeframe for BTCUSD, we can see prices trading above EMA10 and all other EMAs. The trading volume is still low but we are seeing steady growth, the bulls pushing higher. We have a very strong RSI to support additional growth. The next resistance is set at $52,000 followed...
After testing MA200 as support and holding Bitcoin is starting to recover. At first it was hard for some to see that a recovery was about to take place, but it is looking much better now. We have the same signals as before but stronger, these are not "early" signals anymore. See the previous trade idea below for the data... (Dec. 20) Can Bitcoin Recover Now?...
Forget about hitting like & follow. Let's read! Bitcoin weekly is still trading above a very important level and that is EMA50 ($44720). This is a critical support. Last time EMA50 was tested as support between May and July. The level held and prices moved up. So far EMA50 weekly was hit only on the 29-Nov. week. This and the previous week prices have been...