Bitcoin BTC shrinks the triangular trend line. Bitcoin has not yet broken through the downward red trend line. It is resistance in the short term. Under normal circumstances, it will fall back to the lower blue line or green line. Even if it breaks through the upper red and pink trend line later, it will step back on this line The two lines, seen below the lower...
Bitcoin is at support level. The risk is less if we enter on the support line with a stop loss. The Risk to reward ratio is good. There is a possibility of death cross which makes the stop loss more important. This is only for educational purpose. I spend good amount of time in analysis and feel happy to share it with a large group.
Bitcoin is making a double top on 15m/1h time frame.It is retesting now, and if there, a highvolume breakout happens, then a short trade can be initiated for further support.keep an eye on this.
Bitcoin triangle trend line, shrinking triangle trend, green support bottom line at the bottom, red resistance breakthrough line at the top, and the green-red long bar below is the most critical bottom range.
Bitcoin BTC large level parallel channel, red circle top, green circle bottom.
#Bitcoin possible scenarios for the next bull market based on time cycle analysis.
Bitcoin falling wedge forming wedge ready for breakout 2023
Bitcoin is making a pennant pattern which is about to breakout. It's a bearish pennant ,formed in 4h time frame.A bearish pennant usually breaks out downward but during the mixed emotions of the market and its' volatility can be cause of uptrend too.Also the market is on downtrend for a long time so a up move can be expected too. But the major signs is in favour...
Bitcoin BTC Fibonacci weekly chart, which includes short term, medium term, long term, top and bottom prices, support and resistance levels, breakout and breakout levels, bounce and retracement levels, bull market levels, bear market prices of Bitcoin as long as You know how to use it, this picture is your money printing machine. The cryptocurrency market is...
Bitcoin is making a symmetrical triangle,can break out any direction.keep an eye guys .
Bitcoin trading in tight consolidation post break out. Currently In flag pattern- great opportunity!
Bitcoin is breaking the range in daily timeframe.A confirmation candle is forming next.If the candle closed in green as a bullish confirmation,a long trade can be initiated for the next day. The upper support level of the range in image(21854.16) will consider as the target.
Bitcoin is forming a double top pattern in 1h time frame.The pattern is already retested two levels.If the wave breaks the support 1,a short trade can be initiated with the risk to reward ratio of 1:3 as seen on the image.It can take retest the level of support 2 and support 3 as well,so be patient.Also,US fed reports are coming so market can be volatile.
bitcoin follows DECENDING WEDGE when it break the wedge it follows the arrow which i drawn.
Bitcoin makes bearish harami candle in daily time frame(1D).If tomorrow,the market will open under today's low,a short trade could be initiated.
Bitcoin INtraday ...target 2 times, here as you can seen :Long position is established by me, with small SL, more quantitiy to be added as 5 and 15 RSI are in oppostie side.....than 45
Bitcoin is trying to take support in it's support level and it's in upper channel and already retested the upper channel multiple times. Now the chance of moving up is very high.
Bitcoin is gradually moving towards the resistance area of $20k. There's high possibility that Bitcoin may test $22k resistance level today if #btc is able break and hold the $20k resistance area. Let's see how Bitcoin will react to the $20k - $20.4k resistance area today. Bitcoin major support areas for now $18,500 - $18,000 and we may see another test of this...