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BTC/USDT making HH&HLHELLO TRADER'S,
Once check out the bitcoin in 4 hours time frame. And it forming Higher high and higher low. Always taking support at HH. Soon we can see BTC at $48000-$50000 in the end of this week.
Bitcoin have strong support Between $48k-$50k. If it's not able to hold at that price we can see some drastic dump up to $46k-$43k. If it manages to breakout the next target will be the next Feb LEVEL that is $51k.
Thanku guys and follow for more...and also watch the other ideas I made inpast pinned below...
#Crypto #Cryptotrade #Cryptosignals #Cryptotrading #BTCUSDTBTC/USDT
Positional Bet on BTC, trading in a zone if trendline broke then soon will touch 44500 levels
Also looks if broke recent resistance then easily will touch 50000 levels
For details check chart, levels marked
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
BTC/USDT hidden divergence...HELLO TRADERS,
See the bitcoin in 1 hour time frame. And it making barish flag pattern after BREAKOUT of long down trend. It's a good sign. But coming to RSI we can see clearly hidden divergence. If it's breakout it's ok but if it's continue we can see the bitcoin again at below it's down Trend line.. Dont invest now wait for BREAKOUT of both barish flag pattern and hidden divergence.. and check out the previous idea I have Posted pinned below..
THANKU AND FOLLOW FOR MORE..
BTC/USDT Hourly BreakoutBitcoin has broken out from a triangle pattern and this might trigger a rally towards 44000$. 44K being a stiff resistance can cause reversal at higher levels. A minor Resistance is also seen at 42500$ which could also act as a trend reversal point.
Breakout might retest in the trendline which could be a potential safe entry. Price needs to sustain above the broken trendline for bulls to act. In case of a fakeout Bears will enter and drag the price further down.
BTC-USDTBTC 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 steadily, it rolled down to $32.9K.
However, it has given a trendline breakout and is currently witnessing a retracement after the breakout.
Bulls should come in at the level of $40.5K and offer support while the next level of support is present at $38K. Currently, waiting for the retracement to end and then taking positions could be a good strategy to work upon.
BTC USDT AnalysisBTC has broke its trendline for it downtrend so may be there is chance to bounce back as it hits its resistance and it will be the perfect entry to go up if its sustains above 45000$ we are in uptrend and Now Trendline is broken and trend reversal is happening now ! Lets see continues to stay in uptrend or sideways ! As of 40000$ is Psychological and strong support so guys not to worry we are safe now !!