As we can see in 1D chart we are clearly in a Symmetric triangle. Its target on the upside is 5700 $ (less likely), and on the downside is 2550$ . Now , lets us analyse the current situation, we can see in 4H chart we had a whooping 350$ - 400$ pump after breaking the falling wedge. It wants to test the 3800$ resistance (more precisely 3789$) but the bulls look...
My Dear friends & followers I am using a different trading view profile ( trading view profile id - cryptoanteg.com). Please follow me there as this will be my last post from this trading view ID ! I WOULD ALSO SOON TEACH YOU ALL HOW TO PUT TRADES DIRECTLY FROM THE TRADING VIEW TO YOUR EXCHANGE ( BINANCE /BITMEX) WHEN IT BREAKS A MAJOR TRENDLINE REDUCING YOUR...
hey guys btc dumping if this does not bounce from downtrend support channel then it will becomes more negative and can fall into the green demand zone 3200_3100$ Good Luck
As stated in the previous article last week, if the resistance level $4200+ is not broken then we would hit the price around $3500 range.Hence it tested the $3478 price level after a drop of 15% this week. Bullish Case: It needs to hold the $3400-$3500 support level and break the $4200 level in the coming days to confirm bullish momentum otherwise we might see...
still believe we go higher before new lows. after 3350-3400 target 4000-4500
I have chosen this ABCDE triangle wave as my primary count on the daily time frame, which also looks like an ascending wedge pattern wise. Ascending wedges are usually a bearish reversal pattern but can be used within a larger movement. So, technically my downside targets are near the wedge bottom ( USD 3100-3200 level) , where it'll be crucial to watch if the...
Bitcoin has been showing strong uptrend and has bounced strongly from the demand zone of $3100 level. Bullish Case: If it manages to break the $4100-4200 level in the coming days then it will continue its bullish trend till next resistance $4700+ level. Bearish Case: If it doesn't break the $4100-4200 level then we might price see price dipping to <$3500...
Like it to start :) As shown in the chart : Potential long opportunity with provided Targets and dynamic SL based on what your entry is . Things might be invalidated if BTC decides to tank. Therefore Stop Loss is the key .
As shown in chart, everything is valid until BTC decides to retrace . Keeping the 1hr TF because BTC might retrace affecting the altcoins as well. hope it touches the targets soon. I will update the thead as it goes.
As we could not make another higher high it suggests me to consider bearish scenarios. Found an interesting fractal from late november that i think can play out.
Bitcoin is going through massive pain areas as compared to the other cryptos, as it has been affected the most in this bearish time frame. We have given here the technical analysis for the long-term scenario and short-term scenario, with all of its possibilities. The price is volatile enough to move in any direction- up, down or sideways. Bitcoin USD Live chart...
Fibonaci points to 2820 as next stop..!
LONG : 4600-4700 TARGET 1 : 5800 (TAKE PROFIT 60%) TARGET 2 : 6400 (TAKE PROFIT 40%) Just observe the chart for pictorial representation .
Bitcoin Currently Making a Big Descending Triangle & inside making symetrical triangle . if BTC Cross 6800 Level With Hevey volume and stable above 6800+ then e can see a bullish Movement is BTC & Altcoins . if BTC Fail to current support line then BTC Can stay on 5800 Around and then BTC Can Bounce Back. i hope BTC Soon will sure 6800 level and breakout both...
here is some trend lines XBT is following it is range bound tightly just 4% from past couple of weeks it is about to broke out and then it will show us its direction up or down just be careful!!! do your own reserch??? look for confirmations! sit tight lets ride new wave NOTE: its not any advice to buy or sell. just here to share my views. feel free to...
here is some trend lines XBT is following it is range bound tightly just 4% from past couple of weeks it is about to broke out and then it will show us its direction up or down just be careful!!! do your own reserch??? look for confirmations! sit tight lets ride new wave NOTE: its not any advice to buy or sell. just here to share my views. feel free to...