As shown in graph,
BITCOIN should broke RESISTANCE,
RESISTANCE AREA is till 38100,
IF it brokes our target will be 40000$.
IF it brokes and stays above 38100$ for more than a week,
Our next target will be 46000$.
Note : This is my pre market analysis.
You are responsible for whatever you do.
On btc 4hr time frame sellers are multiple times invited and their stop loss available on upside so market will go upside direction to hitting thair stoploss
Looking for long setup on $BTCUSDT. $38,000 Sell wall price going to fill. The last leg up is still pending, and I hope spot buyers will popup soon. Lets see!
Previous day:
VAH: $37528
POC: $37212
VAL : $37080
Date: 21 Nov 2023
Bitcoin Weekly Analysis: Navigating Market Dynamics
Overview:
Bitcoin is currently navigating a complex technical landscape, marked by a bear pennant on the high-time frame (HTF) and resistance at the upper boundary of a rising wedge.
Bearish Sentiment:
Bear Pennant Formation: Bitcoin is ensnared in a bearish pennant, signaling a challenging market...
#Bitcoin Technical Analysis
Current Price: $37,150
#BTC exhibited resilience, rebounding off $35,500 support, now approaching resistance at $38,800.
Support: $36,000.
Critical Juncture: break below $36,000 may pave the way for a retest of $30,000.
Stay vigilant within this range Parallel channel.
Shorting BINANCE:BTCUSDT from $37200. The expectation is that there might be some pullbacks before reaching the $38k level. It's important to note that spot selling is still ongoing. GL!
Previous day:
VAH: $36920
POC: $36500
VAL : $36384
Date: 20 Nov 2023
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* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of...
BTC hitting the top of an ascending wedge,
the fractal in red shows a correction towards the $32,000 area,
thus hitting the main support.
Through force and greed it could still rise to 40 thousand
but a correction seems more likely before continuing upwards.
: Bitcoin is currently trading at 37,072$
: I am Bearish on BTC since 38k got mitigated again
: Look at the trend and try to understand how easily the trend is fading out
: Avoid Shorts or Futures market will deleverage you
: Bitcoin can easily eradicate the longs as of now
: Keep your Spot bags light stay cash or in Fiat
: Accumulation Zones - 34-35,000$...
Bitcoin Fibonacci ring curve channel, the different colored curves above represent different support and resistance lines, each line is accurate to the tip of a needle, this channel is mainly the target price curve of the bull market rising channel.
BINANCE:BTCUSDT Everyone is doing the SIP the Wrong way...
Follow the "SIP Smartly" Indicator to do it Right.
We should do the SIP when others are fearful.
Do your research to pick the quality stock and add "SIP Smartly" Indicator and keep SIPping when you get a Buy alert for your stocks and sit back and enjoy. And let magic of compounding generate wealth for...
Bitcoin's 100,000 trend trend channel, the main target is to reach more than 100,000 US dollars, the green is the rising channel, the blue line is the first target price, the red line is the ultimate target price, the white is the market trend, divided into one, two and three Four or five waves, one wave breaks through, three waves soar, and five waves reach the...
BTCUSDT is continuing its upward trend within a parallel price channel, maintaining stability on the 1-hour timeframe. At the time of writing, the price is trading below the resistance level of $36,000.
Therefore, it would not be surprising if I set the short-term expectation for this cryptocurrency to increase to $37,073 in today's trading session.
CMP 34400
any dip upto 32K is buy
as 32000 was strong supply zone which beacame demand zone now
formation of cup and handle pattern
and breakout done
target 35000 / 36000 / 37000 / 38000 / 39000++
Regards..
Keshav..
24/10/2023
