publishing herewith my idea about bitcoin, i am using only day and ist 4 hr price line here, publish another chart showing week and month trendline, my month and beyond idea is still valid so have a eye on it
BITCOIN 9th february 2023 solved in just 1 second with my technical indicator,you can see that how good is my indicators ,follow me for regular updates
BTC analysis on its 4-hour time frame with support and resistance levels. As you can see, it takes support from the Fibonacci ratio of 0.382. Now it's time to observe a pullback towards its support line, and you can clearly see the 0.5 Fib level also near its support level of 22,200.
It is also important to keep an eye on the divergence indicator and the...
BTC retracing to fib gold-o-experience zone so a possible long can happen in this area however i'd suggest to use proper sl because you all know how effed up this market can be
check the analysis through 3 steps shown in chart (refer the image)
this technical analysis is based on support and resistance, fib retracement and some chart patterns
follow for more ;)
BTC started it's upside from red wave C 1.236 projection level then started impulse movement although wave 1 was a leading diagonal triangle that's why I got the confirmation for wave 3 targets after wave 1st internal 5th crossed by straight move including multiple green candles rather than one or two big green candles. As we can see wave 3 extended to 2nd target...
Current Current Price of BTCUSDT is 23420, is expected to rise initially ( A Good Shorting opportunity starts near 23520 Zone
Once a high is arrived, I would SHORT BTC & be Expecting Target to be 23132.
Small & Sweet Short, Usual Stop Loss applicable.
This idea has a "Two in One Trades", lets observe how well this idea of "Short at HIgher Levels" pans out....
Not seems like a healthy chart since, downside is not allowed that makes the chart more vulnerable for the next big slide.. Hence if it break out from this stage will not be a meaningful rally. Hence remain due for the larger Correction.
