The past week has regenerated positive sentiment for the world’s largest cryptocurrency as it broke and maintained sustainability above $17K. The bullish rally could be reflected in the expansion of Bollinger Band’s width.
Moreover, MA-10 was able to have a positive crossover against MA-50 which could be a potential signal for more bullish momentum to come in the...
$BTC #BTC $17,097 resisted during the weekend as expected. Finally gained $17,097 as support, $17,301 resistance testing. 1D close with bullish engulfing, $17,592 next resistance from here which will require some struggle as it is a key resistance.
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 2.
Bitcoin 4 hour chart.
Today's approximate top...
Bitcoin is forming higher high and higher low formation.
Price make a up move from fib levels @ 50% or 61.8%
It's a good opportunity to long on Bitcoin.
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
It's been a while.
Due to an unfortunate incident, I was suspended for 3 days.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit...
Bitcoin is making bear divergences in uptrend in 15m time frame.Price is making a clear divergence of upcoming bear move as shown in the RSI .If the trendline breaks out,a short intraday trade can be initiated on 15m.Keep an eye.
mostly now market depends on employment news from USA, be careful mostly miners selling their btc also.
it can upwards till 18500 then max time to correction again.
$BTC Looking good, great follow up on 1D bullish engulfing. $17,301 resistance in effect. $17,097 support testing. Requires to gain $17,592 support or it will retrace towards $16,750 support or below.
$BTC Put bullish engulfing as expected on last 1D close, current 1D trying to follow up. $17,097 resistance in effect, $16,750 current support yet to be tested. Continue watching given S/R
$BTC $16,155 support remains precise, $16,526 resisting like I said, 4H closed with bullish engulfing current 4H following up 2H13M remaining, good chance to gain $16,526. 1d close above $16,500 will put bullish engulfing on daily, $16,155 1D support, $16,383 untested yet👀
The technical chart of Bitcoin reflects on the consolidation faced since the past week. On the chart, the consolidation rage is formbed between the price levels from $15.5K to $17K
Considering the technical indicators, RSI level is facing strong resistance for a positive breakout above 50. Currently, the level is showcasing negative nature while residing at 39.92...
$BTC Broke $16,383 support as expected, $16,005 support in effect currently trying to gain $16,155. Last 1D close very bearish which resulted in this drop. $16,526 will resist on retest. Breaking $16,005 could bring $15,689 in effect.
Bearish descending triangle has been formed and we expect breakout soon or later, here are our targets downward 13937 and 12371.
Remember that the break above the triangle may hint for further up move.
