Bitcoin 1D Short Setup
- Bitcoin has shown a huge impulsive move
- Bitcoin has created a huge imbalance in the same move as well
- It's currently trading at a weekly supply
- expect a healthy correction from here to 30-33k
- short sl should be 41k initiate it from 39,500-40,000$
Bitcoin looks like it wants to pull back before advancing higher!
CRYPTOCAP:BTC appears to have formed an ascending triangle on the hourly chart. As #BTC
trades below the hypotenuse, the odds increase for a 5% correction toward $33,000.
#bitcoin #cryptocurrency #ethereum #blockchain #priceaction #technicalanalysis #onchain #btc #usdt #pull #analysis...
BITCOIN 4-hr Chart Analysis
CRYPTOCAP:BTC at present moving as per Descending Channel's in Parallel Pattern with more Bearish mode, and soon be ready to break out Last Lower-High strong support of $28,300 to moving towards FWB:27K to next step of Lower-Low trends in Bitcoin Market.
This time, very big chances to break down approx. 7% to 10% soon.
Let's wait,...
bullish pennant pattern always work for like 70% of the time most of the traders exhaust their trade in those period of moment when it is falling and sudden built up it long form big candles coming weeks will show this.
It is impossible to predict with any certainty the future price of Bitcoin. However, it is possible to make an educated guess. It is likely that Bitcoin prices will continue to rise in the future, as more people adopt the technology and more businesses accept it as a form of payment. There is also the potential for more government regulations that could influence...
cryptocurrency is right now consolidating its price by not moving high and low
there are close lows and close highs at the moment of btc price
the patience will decide the future results
filtration of risk takers are there
now trading psychology game is there
the best is yet to come
follow me for right and strong direction and the movement analysis for...
Bitcoin trading in bullish flag pattern and now it is in lower support range, and in smaller time frame it is gonna to breakout so chances are high for bounce back from these levels currently it is trading at 27487. so if anyone wants to go long can take position with the stop loss of 27127 and go for target above 28000+
Note:- Bitcoin trading is highly risky so...
bitcoin has surprised many of us , we have been witnessed a rapid week of bullish but it all came after a deep dive of $19600 and now btc is trading around $28500 what major concern here for bullish reversal here is
if it comes below $26330 then short position will make their high posittion
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I had to plot the waves on the Futures chart as I couldnt find the Spot chart on Bitcoin. Enough is given to co-relate it to the Spot chart. I am saying...... More and More Shorts Should be CREATED.... MORE n MORE n MORE. I am extremely BULLISH . I do not tradw any COIn. MY BULLISH APPROACH is to equitys on the whole and especially to Indian Market
Bitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the...
BTC price has been moving in the consolidation zone for 8 days.
If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level.
Note:
Note: Studies are for educational purposes only.
We will not be...
