A simple but elegant pattern formation of BULLISH Ascending Triangle can be seen in EGLD/USDT. The price can really light up and surge to the upside lvls as mentioned in th chart (*in green*) but if failed then the price can be dragged down the the lvls as mentioned in the chart (*in red*). Although, BTC/USDT is showing a lower side if it happens to hold the...
As I mentioned in one of my earlier threads, I think we’ve got the confirmation to open up a short position on BTC/USDT. This is because we broke out of the rising wedge (the white line). Besides this, we’ve got 3 consecutive red candles on the 4h which makes it a good short opportunity. My take profit is around the 45K level (the green line). But since we’re in a...
Bitcoin looks like it wants to pull back before advancing higher! CRYPTOCAP:BTC appears to have formed an ascending triangle on the hourly chart. As #BTC trades below the hypotenuse, the odds increase for a 5% correction toward $33,000. #bitcoin #cryptocurrency #ethereum #blockchain #priceaction #technicalanalysis #onchain #btc #usdt #pull #analysis...
As, we see BTC/USDT has been consolidating from last 14 days, so 1) If BTC/USDT breaks green trendline than it would be good to short on retest, and it is also forming a flag pattern (which is a continuation pattern) so we might see big correction with minimum 10% of move downside 2) But if bulls manage to break out of this kind of side-wise trend than it will...
Welcome to this quick BTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart.. BTC/USDT analysis 4hour update is btc strong support $60300. and 2nd support $57900. and bounce back and don't panic Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments...
Welcome to this quick BTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart.. BTC /USDT analysis It's happening just like I said $68400 positive signal and BTC 4 hour update is supporting zone is green line and very Inportant support and $67000 Sorry for my English it is not my native languages. Do hit the like button if you...
Bitcoin Inverse Head and Shoulders pattern on 4h TimeFrame.....good consolidation happened earlier...so higher change of going up
📈 Technical analysis BTC/USDT Bitcoin started the new trading week with growth. After a corrective wave down to the 0.5 Fibonacci level, triggered by the escalation of the conflict between Iran and Israel, BTC has managed to hold above the EMA 200 and EMA 50 lines. Today, the price is retesting the nearest resistance block at $64,000 - $65,000, and the outcome...
Bitcoin Rejected from Resistance BTC has once again been rejected from the Bull Flag Resistance Line. I'm now expecting a significant correction, with BTC/USDT potentially testing the $45,000-$50,000 level before the next leg up. Caution: Avoid buying until the market stabilizes. Global uncertainty with war news is adding to the volatility. Key Levels: Support:...
Bitcoin (BTC/USDT) is currently consolidating within a falling wedge pattern on the 1 hour chart. The price is approaching a breakout point, with two potential scenarios: 1. **Bullish Breakout**: If the price breaks above the descending trendline, the target area is around **66,488 USDT**. 2. **Bearish Breakdown**: If the price falls below the lower support...
📈 Technical analysis BTC/USDT The price of Bitcoin continues to fall and has remained below the EMA 200 and EMA 50 moving averages for over a week. A hidden bearish divergence is forming on the RSI indicator. If the support level at $56,000 fails to hold against selling pressure, we expect a move into the Imbalance 1H zone, where the gaps on the horizontal...
📈 Technical analysis BTC/USDT The price of Bitcoin has fallen amid the escalation in the Middle East and the decision by the US Federal Reserve to keep the key interest rate unchanged. Previously, during the prolonged July rally, the BTC price approached the upper boundary of the descending price channel but failed to break through. This was followed by a...
📈 Technical analysis BTC/USDT The price of Bitcoin is returning to growth amid positive macroeconomic data from the US and a new wave of institutional investor interest in spot Bitcoin ETFs. Currently, the BTC price is moving within a narrow range (65,000 - 72,000), and a breakout from this range will determine the direction of its future movement. At the...
📈 Technical analysis BTC/USDT During the corrective movement, the price of Bitcoin reached all three targets from our previous review: the Imbalance 4H zone, the Imbalance 1D zone, and the support level of 57,000. The recent downward wave in the price of BTC was driven by the reluctance of the US Federal Reserve to lower the key interest rate and the outflow of...
CRYPTOCAP:BTC Urgent Chart Update - #Bitcoin Rejected from HH/TL. - We Already Profit in BTC/USDT Short Positions - $57000 Possible Scenario Key Levels to Watch: $64,000: Critical! Above this, a path to $100k opens. $65,540: Ideal stop loss for short positions. $57,000: Breaking $57k Mean #BTC could drop to $50k Stay alert and manage your positions carefully!
📈 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...
📈 Technical analysis BTC/USDT Bitcoin price has reached all targets from our previous review and set a new local high at $57,400. The driving force behind this growth impulse was the record inflow of funds into spot Bitcoin ETFs. Additionally, fundamental factors such as the upcoming halving and the rise of the US stock market in anticipation of the Fed's move...