$BTC #BTC $21,452 key resistance came in effect as expected. $21,056 support being tested. Crucial to hold $21,056 to reattempt at $21,452 key resistance. $20,821 support could see a wick. Last 1D close looks bullish, possible bullish engulfing coming up on 1D.
Hello
A guide to Bitcoin.
long time no see.
It is also planned to be reorganized in the future.
Today is an important CPI announcement day.
We will proceed with full disclosure.
Bitcoin 30 minute chart.
It is a light blue finger one-way long position strategy.
*17942 Long / Stop Loss when breaking the green support line / The final target is Good ->...
$BTC #BTC Broke $17,592 climbing towards $18,261. $18,261 currently resisting, Last 1D closed bullish. Been below $18,261 key resistance since Nov 10, $18,529 support crucial to gain to avoid fakeout. Current support at $17,999 yet to be tested.
In this challenge we'll try swing trading or you can say long term day trading, trade can take 3-10 days to complete, We'll use wider SL so to balance this thing we need to decrease leverage from 10x to 5x-7x. well this is subjective to people with different risk tolerance but to me I'm fine with Maximum 8% loss per trade, so do your own math.
$BTC #Bitcoin $17,301 resisting, $17,097 support tested and held, currently remains in effect. 1D failed to follow up closing bearish, expect support retest. Watch $16,905 if breaks current support.
Bitcoin started 2023 on a positive note as the price level formed a rising channel pattern on the chart. Considering moving averages, MA-10 is trading above both MA-20 and MA-50, which is again a positive sign for the world’s largest cryptocurrency.
The RSI level is also showcasing an extremely positive nature with a breakout to the overbought region. At the...
The last quarter of 2022 turned out to be the most damaging one for the world’s largest cryptocurrency. As the price level was able to maintain sustainability above the crucial support level of $18K, the collapse of the centralized exchange, FTX, resulted in a bloodbath in the overall market conditions. Thereafter, BTC suffered a new 52-week low of approximately...
Expecting some pump on XRP USDT Pair bounced well from support area on 1D TP, Support and Resistance are marked
TP 1 = 0.3500
TP 2 = 0.3580
TP 3 = 0.3650
TP 4 = 0.3700
Bitcoin is at critical jubcture now.
Bitcoin facing resistance from "Yellow" trendline as marked on the chart.
already faced resistance at this trendline 4 times sice 31 May 2022, this is the 5th time its facing resistance at yellow trendline.
Volume is reducing continously.
18500 is a resistance and 15600 is a Support.
If Breakout is given above "Yellow"...
$BTC #BTC Testing $16,905, Last 4H close looking good, current 4H needs to avoid bearish close. $17,301 next key resistance area to watch if gained $16,905. Current support at $16,750 not tested yet, will need to hold it if $16,905 rejects.
The new year started off quite well for the world’s largest cryptocurrency as BTC was up by 1.30% in the past 24 hours. The price level had developed a temporary support zone around $16.5K through which it is looking at the potential to test the resistance zone above the 0.236 FIB level.
It must be noted that BTC has not been able to break above the 0.236 FIB...
