BTC/USDT(A Retest Coming)•BTC is trading around $38K and it has shown some strenght after dropping to $33K
•The price is trading above $38K and MACD is turning bullsh as crossing over the signal line,while below zero line
•Stochs are showing some strenght as well and we can expect the price to head towards resistance of $40K and then get rejected from there
Search in ideas for "BTC USDT"
BTC/USDT Technical analysisThis 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 result.
Any Suggestions .................... Most Welcome.
BTC-USDTOn the daily it is holding the 0.382 fib expecting a bounce if it loose this the next support zone that it must hold is 53.7k-54.5 . Which if not hold i will turn bearish.
Don't enter in trades for now wait and see the market for now.
also a good support at 56k-56.5k
(like if you love the idea and follow for more)
BTC/USDT => Broadening FormationBOUGHT some BTC at 57000. First target 63000 and second will be near 67000 and final 70k.
But the pattern was BEARISH EXPANDING for few days i will go for LONG.
Ideas for learning Only.
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
BTC/USDT Next Move? Pull Back coming(Head And Shoulder Pattern.)#-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 Almost 25% ##
Good Support = Around 53000 $
Strong Support = Around 41000 $
Ultra Strong Support = Around 31000 $
ATH ( High Resistance Zone ) = Around 67277 $
## Technical analysis:
1. Bitcoin Is dropping Due top Bearish Head And Shoulder Pattern.
2. The price is above the 20 Ema and Bitcoin is Currently Testing 20 EMA.
If Testing At 20 EMA is Successful then It will move towards 63000 $
3. If Testing fails at 20 EMA then A Pullback till 53000 $ may take place.
4. Retesting At Support Near 53000 $ is coming , If it is Successful then BTC will Cover ITself.
OtherWise IT may BREAK the Support IF good volume is sold.
5. All Time High is a high resistance zone which is 67277 $
If You Loved This Analysis ❤️ Hit the LIKE button
Drop some feedback below in the comment !
Trade well. ❤️
BTC/USDT 4 HOUR ANALYSISWelcome 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 case if Breaking down below $60k will be a red alarm for the market.
Let see how 4 hour candle close.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
BTC/USDT TechnicalsMy BTC construction
1. schiff pitchfork {1st price bar - 29222.23} {2nd- 52864.23} {3rd- 43314.23}
2. channel overlap - the mid zone was drawn
from 7 sept data and then cloned both up and down on exact top and bottom from mid zone
3. Basic price action and pattern on 15 mins to trade entry