RUBI is a RUBI token with a total amount of 22000000 . RBI hopes to spread its concept to the world in the same way as Bitcoin's development.
Currently in downtrend. Bullishness only when breakout from channel and red line will be resistance. Since dollar crunch is faced by everyone, dollar is getting dearer. If CBDC starts getting momentum then dump BTC also. Other Cryptos are not worth analyzing. Only do intraday trading with money earned from PROFITS in other scrips.
Is this proper formation of head and shoulders? if its true then we are in trouble... We might go back to 4-5 years back levels.
Trade Or Invest Wisely. We Can Just Predict. Please Like And Share If You Agree With The Idea.
When Price Break any well defined boundary below 200 Day Moving Average then high probability price continue the trend .
Expecting Bitcoin to touch USD 32000-28000 range before next Bull Run. Waiting for BTC enter in this range fore fresh Long Term Investment. Or will buy if identify the formation of any other bullish pattern . OTHER DETAILS IN CHART STOPLOSS , SUPPORT ZONE AND TARGET LEVEL
$BTC has lost the trend. As per the pattern, the target for Bitcoin price is near around 14K (Bear trend). maybe till the end of 2022 but not sure. You can trade when RSI on 4h charts falls below 30RSI but avoid holding for long. An expected retest of channel support breakdown near 38-39K.
If it breaks then we think about long . It's a 4 hour time frame
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Long position !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11
Go LONG BTC for the time being to reach 47K+ tgt. on 12 hr chart it forms a falling wedge which is a bullish pattern..
BTCUSDT is currently trading on very crucial support, breaking it might cause more pain to BTC holders since the next support seems to be at around $33000 levels also the support has been tested multiple times and a breakdown can be expected, nevertheless it can also form a double bottom like pattern here and then rally up to the last swing levels which can give...
I still have reasons to believe that this would be the "worst case scenario" for BTC, unless we get a full blown 2008 style macro crash.
i think 36400 is the last bottom of the bear run then bitcoin will going for 40000 and if it breaks 40000 then next target will be 42000 then 45000 so keep a long on this zone or 36400 long BTC on 7x entry price- 36400-37800 target - 40000,42000,45000
last week, bitcoin is in range in daily TF. But i am expecting a Long next week because of the conditions of chart pattern. waiting to break the 4H downtrend.
According to the analysis on daily, 4h and 1h chart, bitcoin price will go long for next week. Use proper risk management. Thank you
Risk management is important Enter if you have trust on me
The world’s largest cryptocurrency has once again become a victim of a strong consolidation range between $37K to $45K. The breakout above $45K during the start of the month gave positive hopes to the investors. However, the following retracement forced the price level to drop below $40K. The contraction in Bollinger Bands suggests that we are poised for another...