The past week had a quick change of sentiments as the world’s largest cryptocurrency is back again above the crucial psychological mark of $20K. The price level did make a weekly low of around $18.5K
Currently, the price level is testing both MA-100 and MA-200. However, the alarming aspect is that MA-50 is still showcasing negative nature which might hint that a...
$BTC $21,791 still resisting, $21,299 support gained good. 1 fakeout from $21,791 rejected at $22,379. Support could be tested considering bearish close of last 4H. Last 1D close bullish, watch today's close as it's not looking good as of now. 1W looking bullish.
BTCUSD in Breakout Retracement towards 20000. After retest of 20000, it has high probability to head towards resistance at 25000.
For BTCUSD Long let the bos occur on lower timeframe.
in higher timeframe market is in uptrend and market till now haven't hit the supply zone formed so that's why overall I am looking for long . if market will break that structure and form a change of character then it is giving some confirmation that market is about change its direction in low timeframe to fill high timeframe trend. i will wait for a retest and...
as market show a change of character from 30m supply and after that market came back to fill a supply zone before selloff with a proper confirmation
entry:- 21645.44
stoploss:- 21657.54
take profit:- 21481.94
as market is very bullish in 5m timeframe it also show break of structure which confirm the trend so, i marked a demand zone where buys were accumulated before breaking that structure then most likely market will retest that region before going further up
entry:-21407.09
stop loss:-21360.33
target:- 21640.95
$BTC Literally climbed given steps😂😂😂, Currently going for $21,791 current and last 1H with some strength here, Bullish engulfing could close on current 4Hrly, 1D close was crazy bullish yesterday. $21,791 crucial resistance to watch as weekly close approaches.
BTc kinda looking like its gonna bounce back from that region and shoot up a lil bit so place your buy orders near that zone if you're a risk taker you can buy above that or market order, personally I'm gonna do both
$BTC $18,529 support holding as expected, bounced back towards $19,535 which remains as resistance. $19,003 support in effect, currently trying to gain $19,327 support. Continue watching given S/R areas.
Long btc, is creating bull flag, sentiments are kinda bullish although they change sentiment like speed of light but situation looks little greeny weeny
look at btc on the monthly chart:
winter is not horizontally oriented
there is an uptrend
idea: winter is the boring time for crypto when everyone is talking about how it's going to die etc etc
the buy point is in the lower blue channel. low risk, high reward.
