Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Let’s be honest, after such a huge upswing (+50%) $BTC needs at least a small correction as well as RSI did not retested it breakout downtrend, so RSI is also
need to be retest it breakout trendline.
Yesterday we faced the major resistance at $40,500 and couldn’t break it....
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Once Again Bitcoin Bulls Are Back in Town, Daily MA50 got Cleared & turned into Support.
At the Moment, Bitcoin bulls are testing the Key Horizontal Resistance 41k, If Daily Candle Closed Above the 40.6k(Daily Resistance), Next Would be 46-48k Resistance Area.
In Worst Case,...
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Bitcoin was breakout of the Falling Wedge1 and Falling Wedge2 and retested done & still maintain Above the Major Daily/Horizontal Support (31k to 28k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here but The price didn’t...
#BTC (weekly update)
Technical analysis:
Hello everyone, welcome to this quick update:-
For the First time Since April 2020, After 8th consecutive Weekly Candle Closed above the 50 WMA now Bitcoin weekly closed Below the WMA50 & Lowest Weekly Close of the Year As well.
So far Bears Looking Weak & Bitcoin is Still Moving Above the 30k Horizontal Support Area as...
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Bitcoin was breakout the Falling Wedge2 and Falling Wedge1 and retested done & Above the Major Daily/Horizontal Support (31k to 28k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here but The price didn’t manage to break the...
#BTC (Update)
Technical analysis:
Hello everyone, welcome to this quick update:-
In Weekly Chart, Nothing Has Changed, Another Weekly Candle Closed Above the WMA50 (31880)..!!
8th Consecutive Weekly Candle Closed Above the WMA50 ✅
So far Bulls Defending the WMA50 (31880) But If Weekly Candle Closed Below the WMA50, Next Stop would be 24k..
If Bitcoin Remains...
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Bitcoin is Still Moving inside the Falling Wedge2 but Falling Wedge1 breakout and retested done & Above the Major Daily/Horizontal Support (31k to 29k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here..
RSI (Relative...
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Apart from todays movements let's look back at a higher time frame.
(I've used the line chart instead of candlesticks because of all the wicks , they're just noise for considering this deviation)
We can see a series of lower lows formed by btc while rsi is steadily moving up...
#BTC (Update)
Technical analysis:
Hello everyone, welcome to this quick update:-
In Weekly Chart, Nothing Has Changed, Another Weekly Candle Closed Above the WMA50 (31427)..!!
7th Consecutive Weekly Candle Closed Above the WMA50 ✅
So far Bulls Defending the WMA50 (31427) But If Weekly Candle Closed Below the WMA50, Next Stop would be 24k..
If Bitcoin Remains...
Technical analysis:
Bitcoin held the 34700 support as said in my last updates. This level needs to hold. Currently apart from every possible way BTC entered back into the channel. A very clear sign of manipulation. BTC if fails to hold the 34.7k level by the weekly close be ready for 28k. Even I got into this trap. Bought back BTC around 36.5k. Bought some more...
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Bitcoin got Rejected by the EMA200 Resistance (40900) But Still Moving above 38k Support.
At the Moment, Bitcoin is Retesting the 38k Support (Descending Channel), If Daily Candle Closed Above the Channel, Expecting Bounce Back towards the MA200. 📈
#Bitcoin is Moving Below...
Hello everyone, welcome to this quick update :-
BTC is trading under the triangle as of now and is successfully holding the 39k level since the breakout.
What matters the most is we need a healthy retracement here.
There's also a CME gap around 38k level.
So this pump could end up being a trap.
Just my opinion!
Expecting breakout in the next 4 to 6 hours.
The...
Please follow this idea for buying.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands...
We've been waiting for Bitcoin to move up since we saw Ethereum going ahead... We feel confident that it will follow and also hit a new All-Time High.
The chart is once more starting to look good.
We will focus on the signals...
Bitcoin Daily (D) Timeframe (BTCUSD)
We start with the daily timeframe, here is the chart:
First, we can notice prices moving...
![BTCUSDT: [Crypto] BTCUSDT 3BB Trade](https://s3.tradingview.com/d/djdQ5lWk_mid.png "[Crypto] BTCUSDT 3BB Trade")
