Bitcoin Consolidated b/w 55k-62k, now trading above 65k. BTC next trading range would be 62k-73k. Bitcoin can be bought here @65.1k with SL 62k and target would be 68k, 71k, 73k and 77k.
#Bitcoin Elliott Wave Count Analysis Intermediate Degree: ▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart. ▪️Target: $48,000 - $44,000. Primary Degree: ▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress. ▪️Target: $58,000 - $61,000. Cycle Degree: ▪️At the cycle degree, wave ((ii)) down of an...
HELLO TRADERS. As you already know those who followed my previous post about Bitcoin remember that I said if it breaks 63440 to the upside a Bullish trend might start, well thanks to the news events here it is. On 4HR chart given in this one you can see price has broken the bearish trendline along with 1st Daily Horizontal Support that I marked and is being...
I'm just analysing BITCOIN in case of an alternative to equity market worstcase scenario. BITCOIN chart shows flag formation. It looks like ready to breakout of channel. Target may be Long-term Channel midline.
It looks like, BTC will continue the bullish trend. Triangle pattern is already broken. People can follow the given targets.
#Bitcoin at Daily Chart Analysis CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high but is currently in almost the last leg of the uptrend cycle with some ups of $3k-4k and it will be soon make its higher-high on the daily chart at $68k-$70k. Will completed..! After that, its last down cycle will run, which will at least retest the...
📈 Technical analysis BTC/USDT During the corrective movement, the price of Bitcoin reached all three targets from our previous review: the Imbalance 4H zone, the Imbalance 1D zone, and the support level of 57,000. The recent downward wave in the price of BTC was driven by the reluctance of the US Federal Reserve to lower the key interest rate and the outflow of...
Liquidation again at USD 34,500 before bitcoin's astronomical increase would be a realistic approach. Liquidation of large amounts of long positions is required before this increase. I think this return will occur with a reverse SHS formation. It is necessary to see the big picture. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent...
In the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of...
The weekly close for BINANCE:BTCUSDT was very bullish, with March low and liquidation levels already taken. There is strong buying interest below 60k, so we are anticipating a dump to FVG before a pump to 68k. However, it is unlikely for Bitcoin to see a direct surge to a new ATH, instead, there could be a period of consolidation between 68k and 62k.
Bitcoin Update on 15.05.2024 A.O.A And Good Morning To All Brother and Sisters! Today Is Important Day. CPI number Day. And Bring a Lot Of Volatility. And Maybe The Right Day To Complete our Retracement. Take In Mind All Arrows. These are The Main Resistance and Supports. Retracement Level On Weekly TF is 54613. If We Touch This Level then We Have Finally The...
As you can see on this chart price is consolidating on 4H timeframe also making LH's and LL 's confirming the trendline. If BTC breaks below daily 200 EMA continuing LH's and LL's then following the downtrend we can go short on BTC unless Liquidity Grab happens below 200 EMA DISCLAIMER :- THIS POST IS MEANT FOR EDUCATIONAL PURPOSES ONLY, NOT FOR INVESTMENT OR...
Bitcoin BTC large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Hello by seeing the support and resistance I can guess the market will downfall after reaching to 65k-68k lets check how the things will
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
BINANCE:BTCUSDT Bulls are gearing up to reach the previous month high and potentially set a new ATH. I think the next higher low will settle around the POI level in the 67k-66k range. Altcoins market is currently pumping well due to the pre-hype surrounding the ETHETF. Ethereum spot ETF, whether approved or disapproved, could provide unique benefits to #Bitcoin. ✌️
Bitcoin parallel channel, the upper line is the top and the lower line is the bottom.
BINANCE:BTCUSDM2024 Bitcoin has rallied breaking several resistance zones in past 2 days For those who missed out on trade are waiting for a pullback to setup long positions Bitcoin looks bullish on higher time frame ( 1day and 3day ) So i propose some long position which might be considered in future The first one is (risky) on the flip zone the second...