Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42998.04).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
okay, after coming back to 40k in a single candle bitcoin is overvalued so now we will see a divergence in rangebound moment between 41900-40400.
If the market sentimals are positive it'll probably a bullish divergence in RSI or in our waves indicator.
keep in mind that this breakout of btc happen from an ascending triangle followed by a fakeout so it could be...
Finally we turned bullish again.
BTC has given breakout out of resistance of 40000$ and trend line
now next resistance/target 44300$,48900$,51000$++
and strong support zone is 34000-35000$
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38906.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Divergence occurs when the indicator fails to imitate the pattern on the price chart, a sign of trend weakness and likely reversal. In an up-trend, if the price makes a new High (a higher peak than the last) but the indicator fails to do so, that is a bearish divergence.
You can see the supports that can resist the price fall However, 30k is strong support...
Investor sentiment is at pessimistic levels, which indicates either market lows or a near-term reversal of quotes. At the moment we consider two scenarios of the situation development:
1. an impulse ascent of the quotes from the current levels, the confirmation will be the growth above the level of 4900000.
2. renewal of the minimums around 3000000 and impulse...
Investor sentiment is at pessimistic levels, which indicates either market lows or a near-term reversal of quotes. At the moment we consider two scenarios of the situation development:
1. an impulse ascent of the quotes from the current levels, the confirmation will be the growth above the level of $43,000.
2. renewal of the minimums around $25,000 and impulse...
hello guys
btcusd ready for make next high level in the market
btcusd uptrend in 1 day chart and 1 week chart
us small lost and maintain equity bcoz btcusd is highly fluctuate
Loopring LRC is forming W Pattern which is a bullish sign and soon we will see strong uptrend of lrc crypto. If you like my analysis do check my profile and follow on other platforms
Hello Traders,
Hope you all are doing good!!
I expect BTC to go Up.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do...
