At the moment key events are taking place, in case of further price consolidation at the current levels, chances for the continuation of the current growing trend will increase significantly, the key resistance level is 5911072 (its test took place on April 3, 2022). Impulses formed from the upcoming consolidation will be an additional confirmation of the idea of...
On the 1D-candlestick timeframe, BTC continues to face resistance at $47.3K. On the Fibonacci retracement level, the resistance is placed at the 0.382FIB level.
The price level hints for a possible consolidation range looking to form between $44K to $48K. A breakout from the upper range of $48K can be positive signal for hitting the potential target placed at...
Total 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till...
Upon observing we can count five waves up from the inception and a corrective fall forming LL LH from the top. The recent price action suggests that the correction is completed and the crypto is ready to move into the strongest phase of the cycle. If our assumption is correction then the low of 75 is going to be intact and the crypto will be moving up higher in...
Channel pattern formation on BTCUSD on a 15min timeframe ! Target should be around 47300$ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
According to my analysis the price can go up to the target level on the chart. please self study before getting into a trade also, crypto is very risky than stocks so you have to decide a stoploss before investing. i may be wrong, please research before investing.
If bitcoin re-bounce from trend line it start rally to the all time high.
Three things can happen
1. It will go sideways
2.it will bounce from trend line
3. Won’t respect trend line and go down
One can take trade in case of no 3.
This is only for education purpose only, kindly consult your financial Adviser.
As you can see in the chart, Bitcoin had breakout from the triangle pattern few back and trading near to the R1 Pivot, i guess it will consolidate there for a while and then we may see a upmove in it.
I love traders who accept and know that anything can happen and then strategise.
I am just enjoying the roller coaster and swinging with price actions.
BINANCE:LUNAUSDT
TECHNICAL ANALYSIS
--> LUNAUSDT is on the verge of breaking out of the CUP AND HANDLE Pattern.
--> LUNAUSDT is being sustaining above POC (Point of Control-Volume Profile) making higher high's.
--> LUNAUSDT is about to break its ATH as well.
ENTRY
--> Take a postion when LUNAUSDT gives a daily closing above $105.
STOPLOSS...
The bulls extended their support for the world’s largest cryptocurrency while maintaining positive performance for consecutive weeks. Moreover, the current price level is finally above the major resistance level of $45K and EMA-200 which could further drive the bullish momentum.
The price level also had a positive breakout from the rising channel pattern...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (46542.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
BTC has liked the 0.5 fibonacci retracement level on both big and small time frames and there's a high probably that's where it's headed towards the mid 50k mark, expecting it to shoot straight through.
Here’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiry
1. Between $39,000 and $42,000: 6,300 calls vs. 6,300 puts. The net result is balanced between the call (bull) and put (bear) instruments.
2. Between $42,000 and $44,000: 8,700 calls vs. 4,600 puts. The net result favors bulls by $175 million.
3. Between $44,000 and $45,000:...
Symmetrical triangle pattern formation on BTC on a 30m timeframe ! Target should be around 44500$ !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
#BTC
#CHART_UPDATE
You can see 2 times trend line breakout has been done in past days
This will be 3rd time if BTC break in same way
You can't say anything guaranteed but yes we can only predict as per previous data
If do you want to long BTC then you can long in range 41700 to 42000$ with very small stop loss and targets will be 43/44/45000$
