The past week for Bitcoin was full of volatility and recovery as the current price level stands at a 2.39% gain on a weekly basis.
As the overall market conditions got heated up due to the regulatory environment, BTC broke below the crucial level of FWB:25K in the past week. However, there was a strong bounceback after it crossed the 0.786 FIB level.
EMA-20...
The previous week in the cryptocurrency market was dominated by concerns regarding the Securities and Exchange Commission (SEC) targeting Binance and Coinbase. As a result, the world's largest digital asset experienced a significant decline of approximately -3.60% over the course of the week. Currently, Bitcoin (BTC) is encountering substantial resistance above...
The world’s largest cryptocurrency was struggling to have a positive crossover above the crucial mark of $30K.
Towards the end of the week, selling pressure kicked in which forced the price level to drop below $28K.
On a weekly setup, the BTC price level is trading at the lowest region in the Fibonacci Retracement while the RSI suffered multiple breakdowns to...
#BTC /USDT ANALYSIS
BTC is consolidating in a bullish pennant between the narrow range of $17,280 to $17,320.
A solid breakout of the bullish pennant and a break above the horizontal resistance will give a bullish confirmation for a target of $18,200.
Posting after a long time -
Okey so this cypher is still my Original plan. Invalidation is BTC crosses 25250 before reaching 16.2-15.5 k range. Still the price is almost 30-35 % high from there. Spread is quite high so m still trading levels by levels locally. Daily closing below 20300 will be fine for this plan and below 19200 pivot is increased probability of...
BTCUSDT- Perpetual - Binance - 1 Hour Chat
BINANCE:BTCUSDT
Good 3 Drive Swing pattern is unfolding which may result in sell off to the potential targets given on chart .
Not a recomendation to Buy/Sell :)
Also check related idea below for my last BTC analysis . Do "Like" if you feel good at my attempt :)
Thanks for reading,
Chintamani.
BTC got rejected from the 1 HR POI and Retraced to 4 HR Breaker Zone.
- Taking long entry on the breaker with tight stop loss.
- Target 44k as strong POI.
BTC after coming to the level of $32.9K gave an impressive bounce-back to the level of $45.8 K. it is currently trading at the level of $42.1K at the time of writing.
As shown in the chart, the macroscopic view of its prices provides us with a range of $31K and $64K respectively.
BTC gave a Fake Breakout from the range and could not hold the levels. Slowly and...
This is not a financial Advise. Trade with your own risk. This is only Technical analysis according to my knowledge.
According to my analysis if btc retested successfully the marked trendline there is a high probability of a good pump. if it comes below the trendline then there should be more sideways movement of btc in the marked triangle for a next further...
#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
#1 Bitcoin Is dropping Due top Bearish Head And Shoulder Pattern.
Time To short BTC till 53000 $
## When Last Time Bearish H&S Pattern Took Place in Daily Chart IT dropped...
Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
BTC is still at the 2 support level we expect a bounce from this level. In...
Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
There’s nothing to panic. BTC is still at the support. Looks like a retest and...
The last time we had bearish divergence, BTC dropped quite well, and we can't say that there will be a huge dip again, (manipulation can happen, and neither of us can predict that). Two entries I am looking at is 45.2k and 46k.
It never retested the marked support zone which can possibly happen, and it should, as it will be healthy for a upwards movement.
If...
#BTC LEVELS TO WATCH OUT FOR. It was sudden fall with good volumes in btc. we need to watch out for value area in the video. btc yesterday's low is important if it is broken then we can see good bleeding.
#BTCUSDT Chart
Guys #BTC is forming "Head & Shoulder Pattern" in 4hr Time-Frame, if it gets played than BTC will come down.
But its not compulsory that it will play that pattern because if it is real Bull-Run than it will not play. But at this point I will personally not trade..
