Morning Traders,
If you take position after price breakup trough TL2 that that was outstanding and easy position.
I have created Channel but the price did not reach upper line of the channel.
I just waited for candle to be closed. On the lower TF momentum slows down.
But we have wait until price either break trough the TL of the channel or rises higher.
And...
After that bull run we are expecting shorts till 25k range, Wait for price to reach that level with a rejection on daily then we can enter to the trade
BTC just broke the channel pattern in 15mins TF and again consolidating between 63600 & 63300 in channel pattern.
Break in either side can give a good move.
Resistance 64800
Support 61800
Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
As we expect BTC will bounce up to 39500k resistance level.
What's your...
@69198.7 All time HIGH on 08Nov2021
Marked few levels those are HIGH on weekly TF Second HIGH @48248.5 on 28March2022 Third HIGH @32446.5 on 30May2022
If market gives us a proper breakout @32446.5 then we can expect a little BULLRUN towards second high @48248.5
Right now price is between @31623.4 - @29491.1 market looks good on weekly TF
Previous week candle is a...
btc got rejected from 64k support. falling back to 62k. i am going to long the btc if it falls to 62k.and 4h candle closes above 62k tnx.#DYOR. this is not financial advice
Bitcoin big picture top down analysis.. you can check the weekly in my profile, right now I am expecting it to hit 23k level before dropping down to 10k.. overall it's bearish and my poi for shorting is at 23k level though the extreme level it might hit is 28k but the bearish momentum is high so it's least likely to hit that level.
Since we have 2 phases of the upward move and forming ascending triangle pattern in the 15 min time frame, we can expect that it can give a big breakout from levels of 49000-51000 levels.
The market can enter into a long long uptrend phase with some frequent minor correction and it can sustain the uptrend till 55000 levels followed by 58000.
Happy Trading....
Hey collegues! Good opportunity for SHORT! In my opinion BTC price growing is fake.
Situation with world economies very tough. I think we will have a very deep price going down.
False break up of 13000 we have now. In first stage price will go lower than 12000, will get back with false break up of 12000 and will go down. First target is 9800-9600, second target...
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A bearish view on Bitcoin suggests a belief that the price of Bitcoin is likely to decrease or face a downturn in the future. It's important to note that the cryptocurrency market is highly speculative and influenced by various factors, so any predictions come with a degree of uncertainty. Here are some reasons someone might hold a bearish view on...
