As we shared yesterday with you that btc can do sideways movement is geeting right because 31800$ is hard resistance for now and 27600$ is strong support now and also our fractal is indiacting that we are going in a sideways market till mid july to last august untill unless a good volume comes in market.
We longed from a demand level knowing that it had provided a newer high, We longed here because it came in the demand level after taking out mondays low which is a good sign , now that mondays low is gone we can expect mondays high to be taken this week as well.
Bitcoin in H4.
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Ok let's move on , Today gona share Bitcoin in H4
As said before. Have guts , have balls to buy it's real...
Reason why BITCOIN has taken a pause and stopped falling .. Two trendlines on the lowerside acting as a last support. If this is broken then 2nd leg of sharp downtrend on the way!
Currently 31800$ and 27600$ are the heavy resistance and support respectively and market has also not much volume seems that whales are accumulating so I’m personally expecting a sideways movement in daily timeframe and this fractal is also indicating a sideways movement till august. Usually fractal are not correct and may this time also btc dont follow this...
Sorry to say this guys... My opinion about bitcoin in short term... It's going to 19k or 14k...now breakout tha ASCENDING TRIANGLE downside could be possible to first support in 26500..if it is not stay in the line then things go very painful😂
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Have observed a bearish flag pattern on BTC 4h chart. The upper end can be around 33K, after which it may go to the lowest ends at around 20K. You can put your comments or correct me if I am wrong!
From May 12-13, 2022 there is a potential upside movement in bitcoin , this structure may be a false breakdown and development of a future uptrend. The key resistance at the moment is the level of 31.150, its overcoming will open the way to the further growth of quotations and confirm the trend reversal. May 14 formed the extreme value of pessimism of crypto...
Expecting Bitcoin to touch USD 28700-26000 range before next Bull Run.
Waiting for BTC enter in this range fore fresh Long Term Investment.
Or will buy if identify the formation of any other bullish pattern.
This Analysis and Prediction is based on Elliott Wave Theory.
hello everyone this is my Technica analysis on bitcoin as i can se a final low till 20-21k, as the final Elliot wave and flat correction pattern irregular or expanded we can say that this is the final bottom.
hope my TA helps you.
Currently btc is moving in a symmetrical triangle which got break before time lets see if this breakout will sustain or not but if it gets sustain than definitely we will see a huge upto 33500$.
