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...
Symmetrical triangle pattern formation on BTC on a 4hr timeframe ! Target should be around 40000$ !
🚫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!
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After yesterday's consolidation chances of a breakout are fair today. I'm not quite sure about the direction though. But does that matter? Not at all - because I have a system that helps me figure which direction to trade in. I don't have to be dependent on expectations and biases. Here's what it looks like:
In this chart of Ethereum I have marked 4 price levels...
After yesterday's consolidation chances of a breakout are fair today. I'm not quite sure about the direction though. But does that matter? Not at all - because I have a system that helps me figure which direction to trade in. I don't have to be dependent on expectations and biases. Here's what it looks like:
In this chart of Bitcoin I have marked 4 price levels...
We just looked at the SPX, NDX and DJI on three different timeframes, that is Daily, Weekly & Monthly, they are all bearish.
Bitcoin (BTC) is also bearish , actually, it went ahead and is already more advanced into its correction, which also means that Bitcoin's correction will finish first before the major USA indexes.
Make sure to hit LIKE now and let's get...
This looks a bit scary on the technical basis as you can clearly see an Double Bottom Pattern and that also on a Monthly timeframe so. Moreover you can see The Hilega Milega Indicator is also very bearish as its showing a bearish divergence which is really scary. It is slightly tense to look at the chart of BTC. However we have to see whether the price will follow...
Given yesterday's wild moves especially post the Fed's hawkish announcement I hold a neutral stance today as it remains to be seen which way the market wishes to lean towards; although to be fair, the signs do look bearish. But anyway we have a system and we trade that. Here's what it looks like:
In this chart of Ethereum I have marked 4 price levels which have...
Given yesterday's wild moves especially post the Fed's hawkish announcement I hold a neutral stance today as it remains to be seen which way the market wishes to lean towards; although to be fair, the signs do look bearish. But anyway we have a system and we trade that. Here's what it looks like:
In this chart of Bitcoin I have marked 4 price levels which have...
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
BTCUSDT formed a falling wedge inside a rising channel and trading very near the support(already tested once). waiting for the breakout and planning to Enter a long position once it gives a breakout and retest. RSI is also very supportive for entering the long position.
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...
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the...
We are starting to look good on the 4H timeframe for Bitcoin as prices start to recovery.
We looked yesterday at a potential bounce short-term on the 1H timeframe , as this moves develops, we can see the bulls starting to re-enter the arena.
We have the strong "V Bottom" pattern with unusual volume.
Just recently prices closed above the EMA50 magenta line....
In this chart of Ethereum I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Ethereum's price crosses the top-most price level, we will be looking for long opportunities and if Ethereum's price crosses the...
BINANCE:BTCUSDT
swing trade analysis for both short and long position
NEUTRAL ZONE 30000 - 35000 works as a neutral zone
LONG POSITION If it daily candles closing above 37500 sustain here you can go for
long target but make sure the volume of that candle breaks the MA line in volume
SHORT POSITION 30000 works as huge...
Here we have the monthly chart for Bitcoin, we will see why some additional correction is yet to take place.
We are going to start with our classic EMA analysis, and it goes like this...
We have a peak in April 2021.
This monthly candle closed as a Doji, signaling indecision and the correction that took place next.
The correction after April's peak price in...
