hello traders JAI SHREE RAM presenting to you a hourly divergence along with pole n flag setup on BITCOIN possible target 43500 stop loss 41400
Bitcoin rallied nicely after breakout of consolidate area 43k to42k on Feb 8th , now at 52 k it is oversold in weekly time frame if it has to continue uptrend a leg needed to put backward to 50 k area then resume uptrend.
as i shared btc analysis before i go with my plan and made a entry in btc long side lets wait till target else stoploss
just go with momentum looking for a scalp with very good favourable r:r ratio
as i can say bitcoin 45500 break nd blast almost 12000 point give reward points if u capture only 2 weeks whata move hope everyone take profit nd enjoy it's only education purpose be careful
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Before we Are showing in our chart patten now check and match the above patten its near by touch our target price. From V forex Trading World
As the cryptocurrency market experiences heightened volatility, an enticing shorting opportunity arises for BTCUSD traders. With signs pointing towards an imminent retracement before a potential breakdown, astute investors can capitalize on this market movement. This analysis delves into the technical indicators and market sentiment driving this forecast,...
I am not sure will the next few days will be a pump or dump but i feel we are not going back to 52000-52500 range. The trend is clearly in downtrend.
- High movement - 3rd wave extension to 66 K ( timeframe - May'24) - RS is positive
"BTCUSD is currently consolidating within a defined range, finding support at crucial levels. Observing the charts, the cryptocurrency appears poised for a potential breakout after a minor trend adjustment. As it approaches my preferred buying zone, I'm closely monitoring the price action for confirmation of a breakout and entry opportunity. Stay tuned for...
Red flag: 1. Oversold on weekly -> creating bearish DIV on weekly 2. Creating Bearish Div on 3D timeframe 3. Upthrust in Wykoff Distribution 4. Finish Elliot wave 5. 5. Whale loves to dump near halving. 6. If no comeback then no power to go up. 7. Whale may not bought the lowest but they have been accumulated at 24-30k, now they are in good profit and at this...
Check The Above Chart Patten Against the Bitcoin In some days Bitcoin going to be a Bullish Thank You V Forex Trading World
I am Expecting Price to Bo current High or to test the PB area at support area
In summary, the BTCUSD market is currently characterized by a range-bound trading environment, with a downward movement underway poised to challenge critical support levels. Traders are closely monitoring the potential breakout and subsequent movement towards a key resistance barrier, which may dictate the direction of the market in the near term.
#Bitcoin Bull Flag LTF Chart Analysis: CRYPTOCAP:BTC Currently Trading in Bul flag as per 2H Chart. This is a Bullish Pattern but not open any trade before Confirmations, Bullish Breakout Point: $52,800 Bearish Breakout Point: $50,800 Confirmations: Await 2H candle close above/below range
#Bitcoin Inverse H&S Targets Update: CRYPTOCAP:BTC Perfectly Hit our Targets zone after successful breakout. TP1:- $47,090 ✅ TP2:- $49,225 ✅ Recent High:- $53,000 ✅ So #BTC did 21% after Clear Breakout. Happy Trading.