On the daily chart, there appears to be a small resistance at the 70200-70300 levels. If BTCUSDT fails to break this resistance in the next 1-2 days, it might take another 10-15 days to return to lower support levels. However, once it bounces back, the bounce is expected to be stronger. This could facilitate breaking through the 73k-74k range easily, as more short...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta trade with care good luck.
Weekly Time Frame: As per the chart, Bitcoin has entered the Support zone of 150 Moving average levels and It also shows s positive sign at the 150 MA level.
That's a clear sign of a bull move, but still, we need volume confirmation.
Current Chart Structure: Falling Wedge Pattern ( Bullish Reversal Pattern)
Bitcoin Level based on the Falling Wedge Pattern
Buy...
BTCUSDT- Perpetual - Binance - 1 Hour Chat
BINANCE:BTCUSDT
Good 3 Drive Swing pattern is unfolding which may result in sell off to the potential targets given on chart .
Not a recomendation to Buy/Sell :)
Also check related idea below for my last BTC analysis . Do "Like" if you feel good at my attempt :)
Thanks for reading,
Chintamani.
Should you use this signal in your trading, please risk accordingly and understand that there are no guarantees in trading, trading always carries a high degree of risk.
The material and analysis being provided is for educational purposes only. No information presented constitutes a recommendation to buy or sell any financial instrument. You are fully responsible...
BTC did not abandon the idea of growth, but yesterday it missed a very good chance while the American stock market was raising. 🚀
Today is the last trading day of April on regulated platforms, which, together with the compression of volatility on the daily BTC chart, makes you think about a possible sharp price impulse or even a roller coaster 🎢
Since April 9,...
Hello traders, Bitcoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 3 day timeframe.
In the wave count we did, the main waves 1, 2 and 3 were labeled and now we are inside wave 4.
Wave 4, according to the main wave 2, will be a wave that will have a moderate correction both in terms of price...
![BTCUSD: BTCUSD [long] - Looking for a reversal from around $3,545 bfx](https://s3.tradingview.com/v/VXvfQqlo_mid.png "BTCUSD [long] - Looking for a reversal from around $3,545 bfx")
