BITCOIN ANALYSIS. Been on a down trend. It broke out of it now taking consolidation near latest supply.
Bitcoin Looking Good For Upmove. Trendline Breakout Enter With Trail Stop
BITCOIN is already getting WEAK ,day after day and week after week ! it couldnt break the 69 K. I predict Bitcoin going down to my TARGET mentioned on the graph which is a ZONE : from 13 k to 10 k . I see that the buyers lost hope in the market,they stoped pushing the price higher because the BIG Sellers took the place which made it tough for Bitcoin to break the...
Bitcoin (BTCUSD) has reached local resistance, we can see this thanks to the candlestick charts. Notice back in Jan. 26, we have a strong rejection at "Local resistance". Yesterday afternoon, BTCUSD hit the same level, marked in yellow here, just to be rejected again on two long upper wicks. We also have a lower high recently compared to 26-Jan. If BTCUSD can...
bitcoin is making a falling wedge pattern we can see a great breakout in feb 2022. the upper yellow line is a strong resistance keep an eye on it . i'm not a financial adviser please do your own reserch before any trade.
Bitcoin is looking better and better, patience is key. We are looking at the 4H timeframe and we have a beautiful falling wedge pattern. We can see the current candle moving above the upper trendline of this pattern. (Confirmation only comes after candle closure one hour from now). There is potential to move higher. You can visit yesterday's trade ideas below...
Bitcoin seems to be breaking down after making a double top. So is 30000 on the cards?
Bitcoin has been above 40k for 5 days now, still making some bullish candles. I'm targeting for 45k zone. Might see a fall from there again.
Bitcoin is looking good short-term across multiple timeframes... The 1H timeframe is looking good as mentioned in our previous trade idea, we have a rising channel with higher highs. Now, the 4H timeframe is also looking good. As BTCUSD is trading above EMA10, EMA21 and EMA50, we see a bullish breakout happening now. The cup pattern is now in full display...
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Bitcoin is in consolidating zone since last crash 45000 is crucial support for bitcoin if it breaks then we can see bitcoin at 38000 levels It is aspected that bitcoin will be in consolidating for few more weeks before any major move either in upside or downside.
Bitcoin most probably can take support near 48000. Because more support is available near 48K like i mentioned in chart.
Bitcoin price is primed for a downswing into the buy zone (62% Retracement level @ ), where I will open a long position and expect to take profits around $53,391.
Bitcoin has just been rejected from its one of the major support zone on 4th dec. now it’s at a major resistance. We can wait for the breakout if resistance.
Bitcoin found strong support at 55.6k and bounced from there. It is forming a double bottom and can move higher to 64k if it breaks 59830. It is a good time to long BTC. Stay careful with alts and only trade them with an event-based strategy. LONG BTC 5X Leverage Enter: 60250 TP: 63510 SL: 57162 The call is only an idea and not financial advice. Trade at your own...
Bitcoin is forming a rising wedge on the 4h (what is a bearish pattern). If it breaks the lower support then we're likely to see the 57-58K range. This may be a nice bounce since we're seeing a nice a wick from the bottom. Let's hope this will be a trend reversal but we should also be aware of the Bitcoin fundamentals which can (slightly) change (ie. the...
Bitcoin just retested its all time high range and recorded an inverted hammer in the supply zone (Weekly). Clear distribution is seen in lower timeframes like 4 hours and 1 hour; many patterns are identified. If these patterns were identified without the weekly inverted hammer, then we can consider long. But in this case, its clear indication of distribution. The...
Bitcoin is forming a symmetrical triangle on the 4H. As can be seen it bounced perfectly during the dump and I might be looking for a long opportunity somewhere in the green area. If we bounce of course, if not, it may offer a opportunity to short but I'll pass that one probably. If we break up the technical target is around 68K, if we break down the technical...