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 :...
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...
BTC Analysis for 12th Aug 2022
Short Note
Currently BTC is near Resistance level of Fib 0.3% . If the BTC broke the Resistance level then the price of BTCUSDT might reach the resistance level of $26890. If the trend reverses, then the price of BTCUSDT may fall to $22400
Entry Point - $25000
Target - $26890
Stop Loss - $23760
Happy Trading !!!
For Detailed...
BTC Analysis for 13th Aug 2022
Short Note
Currently BTC is near Resistance level of Fib 0.3% . If the BTC broke the Resistance level then the price of BTCUSDT might reach the resistance level of $26890. If the trend reverses, then the price of BTCUSDT may fall to $22400
Entry Point - $25000
Target - $26890
Stop Loss - $23760
Happy Trading !!!
For Detailed...
Bitcoin Price Analysis 16-08-2022
The above chart of Bitcoin ( BTCUSDT ) laid out the Horizontal channel pattern. Horizontal channel also known as the sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and...
According to my analysis in 1 day time frame the bear flag continues in August month. And also in 1 hr time frame also the chart looks like Double top and U shape pattern BINANCE:BTCUSDT
Market reached the supply zone now it'll test this zone if it'll able to cross it then chances are we can see prices higher than 25k, 26k even 28k but if it rejects dump is expected even it can reach 20k
Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure.
The above chart of 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...
$BTC $23,713 broke and currently providing support, Last 4H close with bullish pin bar, if followed thru $24,129 could be retested which is currently resisting. On 1H last close bearish and moving towards support on current 1H candle.
Although in a downward channel the natural break should be towards up, but because BTC has given few false breakouts, it will be wise to wait and watch.!!
In an hourly time frame, BTC has been observed in Falling Wedge Pattern Structure
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish , although it appears after a bearish trend .
The falling wedge pattern works as both a trend work as a trend...
$BTC $22,379 tested and it held just as expected. $23,197 resisting, $22,379 still remains at risk with last 1D close bearish. Weekend almost here, $22,750-$22,379 could be Support for tomorrow. Continue watching given S/R areas
If btc ables to hold 50 SMA on daily time frame, we will see a good rally. Lot of confluences near 21k to 21.8k.
At Fib. 618 is where I am lookin for long..
If bear flag breaks 13k is possible which will kinda destroy overall market cap.
$BTC $22,750 support holding good, $23,713 attempted again yesterday. $23,197 being retested right now. Last 1D close with bearish pin bar, been warning of possible $22,379 support test which is becoming more and more likely as we move through this week. Watch S/R areas 👀
This week, the popularity of the crypto market has increased, and the market has broken through with the trend, and the trend is expected to remain.
BTC’s daily breakout and step back verification trend extended to the weekly line, and finally it successfully stopped falling and completed another breakthrough. The daily line returns to the upward trend, and there...
