On the weekly chart bitcoin trader is forming inverted head & shoulders chart pattern and breakout it and then retest it and now ready for blast.
Buy @ cmp
Stop loss @ 19500
Upside target @ $36300 then $47000
US Dollar Index extends recovery after NFP but still down for the week
The US Dollar Index (DXY) rose to 102.29 after the release of the US March jobs report and then pulled back toward 102.00, amid risk appetite. The numbers boosted US yields and equity futures on a tight volume session.
Btc is at major resistance of 30k
Deciding area of bitcoin .
If it breaches 30k then the trend reverses officially .
Small pullback from here is avoided
Bearish sentiments starts below 25k
Although i am bullish here
Bullish sentiments is the higher probability over here
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
In the case of the beat, I touched the resistance line of the...
$BTC #BTC Testing $28,590 resistance with a wick tapping $28,781, support at $28,781 required to avoid fakeout and test $29,199. Last 4H close looks good, $28,298 support to be tested yet
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
It's been a long time since I've been aggressive.
*In arrow movement...
$BTC #BTC Resistance in effect, Current support $27,478. 1D closed fine yesterday. Must regain $28,298 to continue climb and reattempt at $28,590-$28,781. Watch Given S/R
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*In arrow movement path
1. Enter long position at $28223.5 / stop...
The world’s largest cryptocurrency is now eyeing to break above the crucial mark of $30K. In the past week, BTC did face profit booking momentum which forced the price level to drop to $26.5K.
However, the level bounce-backed and currently maintains sustainability above 0.236 FIB level, which is a positive sign
The expansion in the width of Bollinger bands...
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Bitcoin 30 minute long position strategy.
Because of the high probability of
Analysis was difficult.
I've kept it as simple as...
$BTC #BTC Spent weekend above $27,994 and revisiting $27,478 support as of now, Last 4H with bearish engulfing, $24,478 support remains at risk with next support at $26,963. Watch S/R
Bitcoin Has Taken Its Bottom.,
You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle.
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Vedic Cloud and Vedic RSI Support Resistance Indicator is a technical analysis tool used in the financial markets to identify potential areas of support and resistance for a given security. Developed by Najoomi Ji, this indicator uses a combination of the Vedic Cloud and Vedic RSI to capture momentum and provide insight into potential price movements.
The...
Bitcoin Has Taken Its Bottom.,
You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle.
Follow...
