On 4hr chart we can see the rise has rised above 80 which is the oversold region.
Whereas there is an orderblock or the High Demand area of 21000-21500 which is working as resistance for now.
Retracement is required for futher move as it is going in one direction.
Retracement is expected till 18000-18500 levels which is supply zone or support for now.
If...
$BTC Holding above $19,003 support. $19,327 resisting, 1W close bearish. $17,592 support could be retested during this week unless it breaks out from $20,338.
market is in the range and btc created a eq low and on that orderblock there is our demand zone on which btc just landed and made a low on their after taking the above liquidity, so there is high chances that now it can go up!
BTC is forming a head& shoulder in hourly time frame , there are both side possible opportunities now. Both in buy and sell. Checkout my analysis for more clear view.
so yesterday morning i marked this symetrical triangle out traded a long as it was forming the head (which i didnt know at that time) knowing that this triangle would break to the up well have a better chance to break to the up rather then the down woke up this morning its smashed through the triangle giving a 3% gain/rise retraced back down to make a hl and use...
hii every one this is BTC usdt 4 hr time frame dominates the chart for long term in this chart you see horizontal resistance formed by 3 touching point . and there is also a triangle contunation pattern formed so there is high 90 possibility to go up by touching the horizontal resistance of 24429.
Fundamental Development:-
Solana-hacked crypto could be claimed as a tax loss: Experts
or unlucky crypto investors looking to turn lemons into lemonade — it turns out that digital assets lost during an exploit or hack can potentially be claimed as a tax loss, provided you live in the right country, experts told Cointelegraph.
Following the news that more than...
$BTC HAHAHA! 😂😂😂 $22,750 being tested, if you shorted you made some 💲💲💲. Last 4H close looks bearish with engulfing but 1D close with bullish pin bar. Could hold $22,379 if dipped for a bit with fakeout, $22,750 support looks good.
Fundamental Development:-
Crypto Biz: Elon Musk: The ultimate crypto tourist
Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter. I say, good riddance. The cult of personality isn’t good for Bitcoin, and neither is a technologist who treats the asset as his...
Fundamental Development:-
Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
(BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is down 50% year-to-date, while U.S. listed tech...
Fundamental Development:-
Is Bitcoin Heading Towards $25,000?
The unusual rebound of Bitcoin (BTC) over 30% from its June lows makes analysts think that the bear market that has hit the cryptocurrency in recent months could be ending soon.The signs of a further approach towards $25,000 is due to the fact that BTC prices have hit the so-called upper Bollinger...
Fundamental Development:-
Binance Coin’s (BNB) daily transaction volume has dropped by 58.2% as of July 11.Daily transaction volume for ETH and SOL has dropped 13.7% and 18.1%.BNB’s price seems the most resilient in this bear market.According to a report released from CoinMarketCap Alexandria, Binance Coin’s (BNB) daily transaction volume has dropped by 58.2%...
Structure = Adam and Eve
RSI= Ascending and well supported
Directional Index- Positive
Sellers Exhausting - Sell pressure reducing
Confirmation- MA50 to cross MA200 for confirmation , once that confluence been developed we should see price movement towards 25k
Historical analysis shows that , as and when we double top with low volume we fall bad
See Iteration 1 and 2 we doubled top and fall bad
This iteration is bit different , we are near double top, BUT we have a heavy volume candle , which was missing earlier
Probably what I am looking at is
1- To remain bullish BTC has to break all the fuss with another volume...
![BTCUSDTPERP: BTC 15th September Analysis [Forming H&S]](https://s3.tradingview.com/i/IOkEVL6n_mid.png "BTC 15th September Analysis [Forming H&S]")
