short btc as that zone is acting as supply zone notice that level if it crosses that level with big volume then there is a chance of reversal otherwise it'll go in our direction
$BTC $20,712-$21,791 range maintained, as expected tried to test $21,791, last 4H close not looking good. Another Bullish pin bar on 1D close from yesterday, 1H chart forming basing pattern, $21,791 breakout required.
The idea is that we can go for long in btc accoding to this analysis, liq is being created and now btc might go for the stoplosses and then to fill fvg. This is my personal opinion not a financial advise or any type of call!
Price is ranging in the accumulation zone and it will continue for 2-3 days before a breakout. A breakout in downward direction will give control to bears and we will see a swing to new lows. Market sentiments are neutral and traders are waiting for a clear sign in either direction
With the ongoing trend, it looks like bad days are not over for bitcoin and after taking a trendline bounce its ready to go downwards. I would avoid any fresh entries in the long side.
The bears are back again in the overall market conditions as the weekly loss for BTC reaches nearly (-)12.30%. On the chart, the price level has suffered a negative breakout from the rising channel pattern reflecting upon a strong change in sentiments During the past bullish rally, BTC faced significant resistance around the 0.236FIB level which may have...
I anticipated the fall and exited most of my positions while it was still green.
$BTC $21,791 resistance in effect, $20,812 gave good support during weekend. $21,299-$20,812 support remains in effect. Bearish Engulfing on last 1W close, Could test $19,894 support if broke $20,812. 37 Mins to current 4H close if close above $21,450 expect $21,791 test
First,I have tell you prediction then anaylsis . XAUUSD goes down when break the support line. Or XAUUSD breaks resistance line then the market will go upwards. There are 8 resistance lines and 2 support lines. When the market breaks 1st resistance line then market will go upwards then the market breaks 2nd resistance line then again market will goes upwards. This...
✅Hey trader what you think about BITCOIN ? Are you bearish or bullish on it? I changed my outlook on BTC ,Currently BTC is trading at $ 21194,The price of BTC has surpassed the previous Support level (Higher Low) with Bearish Engulfing Candle along with Bearish volume expansion. Trade Level ✅Sell Level : $ 20600 ✅Target : $ 18880-17580 ✅Stop Loss : $...
there is possibles to retest bottom before new high
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Don't Panic II It's just the Recession 2022. BTC is starting to go bearish from very first week of next month or anytime soon. Hope you clear all your positions & be patient. Wait for BTC to make it bottom and make an Entry. Grab your Golden Opportunity.
$BTC $22,750 support in effect the long awaited! Bearish pin bar on daily candle yesterday. $23,197 initial resistance from here, if broke below $22,750, it will become hard resistance. Watch $22,379 support.
Fundamental Development:- Ontario crypto exchanges impose $30K annual limit on altcoin buys Canada-based crypto exchanges Bitbuy and Newton are enforcing a 30,000 Canadian dollars annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid tightened regulations.Newton, a Toronto-based crypto exchange...
The above chart of Bitcoin laid out an ascending channel pattern. Ascending channel also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend . Currently, Bitcoin ( BTC ) is in the range of $24515....
Bitcoin Multi Pattern Breakout Analysis Currently, BTCUSDT is at $24833 Bitcoin ( BTC ) . In an hourly time frame Bitcoin was observed in an Rounding Pattern Structure . It seems bitcoin has created a strong base structure for bull move. Rounding Bottom : A rounding bottom, a chart pattern used in technical analysis and identified by a series of price movements...
The way BITCOIN has broken the support, it's likely it will retest 22000, and subsequently 17000 again. There if the momentum shows we can go long but it must respect the channel.It's time to be cautious if youre in the long trade.