Is Bitcoin's "bottom" reached?
Bitcoin Descending Triangle Analysis 🔥
The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If...
#CRYPTOCURRENCY
BINANCE:BNBUSDT outperform BINANCE:BTCUSDT in past 1 year.
With fast growing ecosystem, BNB will tend to face selloff in short time (due to external market condition ) but Bullish in long run (When bull run starts).
BINANCE:BTCPERP looks weak ... it could have formed possible Double top or you can say M pattern. All the levels and target are mentioned in the chart.
Note : For Education purpose only.
$BTC Attempted $18,759 test as expected, $19,003 continues to hold, Last 4H close bearish. 1D close okay-ish. $18,759-$19,327 range expected to continue for a sometime.
#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: Medium
EXPECTED SCENARIO:
$BTC is again bearish on Intraday. Expecting it to consolidate today.
BULL CASE:
In case we cross INTRADAY FLIP LINE(19600$), only R1(19750$) else R2(20000$), will be tested.
BEAR CASE:
In case we stay below INTRDAY FLIP LINE, S1(19300$) else S2(19050$) is the support and hold today.
NOTE:
On...
The past week for Bitcoin started off with a positive note as the price level tested the crucial resistance mark of $20K. However, as the level was trading above $20K, a strong profit booking momentum was observed which brought the strong support of $18K into play. nThe support level did again provide the much-required bounceback and the current level is trading...
Bitcoin Descending Triangle Analysis 🔥
The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower...
For the third quarter of 2022, Bitcoin had bullish inception during the first month upon which it had a build-up to test the major resistance level of $25K during August. The price action formed a rising channel pattern before facing significant retracement from the resistance level. The retracement somehow settled at the psychological mark of $20K and maintained...
I'm not seeing anything good or energic in btc so be same, i would say it's better not to trade till we don't any good price action.
DISCLAIMER:
I'm still leaning/beginner, So if you go and trade according to my analysis then be careful, I'll not be responsible of any of your profit or loss
Bitcoin Descending Triangle Analysis 🔥
The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower...
btc is gonna bounce back from that zone then start a mini rally, there is opportunity upto 25% gains so don't miss it, that yellow zone is really an important zone keep an eye on it
Bitcoin ( BTCUSDT ) Price Prediction 2022
The above chart of Bitcoin ( BTCUSDT ) laid out the Ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at...
The above chart of Bitcoin ( BTCUSDT ) laid out the Symmetric triangle pattern . Currently, Bitcoin ( BTCUSDT ) is in the range of $21580. If the pattern continues, the price of Bitcoin ( BTCUSDT ) might reach the resistance levels of $21900, If the trend reverses, then the price of Bitcoin ( BTCUSDT ) may fall to $21420
RSI - Below 50
Trade Level
Buy Entry :...
