📈 Technical analysis BTC/USDT The price of Bitcoin continues to move within the ascending parallel price channel. After an unsuccessful retest of the 38000 level, the price returned to its lower boundary, where we are currently awaiting a retest. Thus, a new price range of 35000 - 38000 has formed. For BTC to continue its upward movement, it needs to surpass...
BTCUSDT Long setup 0.68fib level 200ema on 2hour major support SL 2% TP 38000 and 40000
Waiting for the WO to take a long setup on BINANCE:BTCUSDT . The daily candle close was strong, and I expect some consolidation before continuing higher to $38,000. Let's see what happens! Previous day: VAH: $37404 POC: $35591 VAL : $35395 Date: 16 Nov 2023
Bullish View on BTCUSDT Trade: Buy 38500 Call option of 17 November expiry @ $210 Sell 39500 Call option of 17 November expiry @ $105 Stop Loss: Spot level = $35800 Target: Spot level of $39500 Max Profit: $1000/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through...
Looking for long on BINANCE:BTCUSDT now. We experienced a dip yesterday and $35,500 Buy wall has been filled. Bulls are gaining momentum, indicating a potential shift towards a bullish trend. Expecting pump towards 37k again. GL! Previous day: VAH: $36776 POC: $36411 VAL : $35560 Date: 15 Nov 2023
Bearish View on BTCUSDT Trade: Buy 34200 Put option of 16 November expiry @ $50 Sell 33600 Put option of 16 November expiry @ $30 Sell (2x) 33200 Put option of 16 November expiry @ $15 each Stop Loss: Spot level = $36800 Target: Spot level of $33600 Max Profit: $405/BTC Rationale: Following an impressive surge in BTC, we observed a retracement from the...
Buyers actively bidding on every dip in BINANCE:BTCUSDT . This suggests that there is a strong demand for Bitcoin at the moment. Therefore, it is possible that we could see a more short squeeze before the price potentially drops to around 34k. Let's see! Previous day: VAH: $35348 POC: $34923 VAL : $34546 Date: 8 Nov 2023
If we see a pullback in BTC on the 1-hour chart, it might be a good opportunity to go long on $BTCUSDT. The price action is still looking strong, and there is a possibility of a short squeeze happening. GL! Previous day: VAH: $37458 POC: $37161 VAL : $36720 Date: 11 Nov 2023
Shorting BINANCE:BTCUSDT . Resistance has indeed formed. The crypto charts are showing signs of heaviness, and a short squeeze is anticipated to be followed by a long squeeze. GL Bears! Previous day: VAH: $37232 POC: $37131 VAL : $37005 Date: 13 Nov 2023
A bearish view on Bitcoin suggests a belief that the price of Bitcoin is likely to decrease or face a downturn in the future. It's important to note that the cryptocurrency market is highly speculative and influenced by various factors, so any predictions come with a degree of uncertainty. Here are some reasons someone might hold a bearish view on...
Always try to find a small consolidation and contraction in charts going uptrend A proper RR is shown in the chart for BITCOIN This chart is only for educational purpose
A hammer buying trade seen on 1 hour time frame RR-1.67 This chart is only for educational purpose
You can vouch that I recommended buy for BTC at 25889 and now have drawn a white horizontal Line. Sell below this white line because it will come down gradually. If already long exit your position at first opportunity. 37089 is the crucial level. Disclaimer I am not a registered Analyst.
#Bitcoin need huge demand to cross 38k. 38k is major resistance.If we break with good amount of money ,we will find new support on 38k. As of now support sitting at 32k. While for short term in day chart we might see pull back but weekly chart is juicy and bullish. #BullMarket coming.🚀 2024 & 2025 going to be huge.
Samson greets everyone! Creating an Elliott Wave model has significantly boosted the price of the product. At the time of writing, the cryptocurrency market is trading below the resistance level of $37,960. The upward trend is strong as it is consolidated at a high level with stable trading activity on the 2-hour time frame. Therefore, it would not be surprising...
Bullish View on BTCUSDT Trade: Buy 37600 Call option of 11 November expiry @ $230 Sell (2x) 38400 Call option of 11 November expiry @ $115 each Stop Loss: Spot level = $35000 Target: Spot level of $38400 Max Profit: $800/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke...
BTC has gradually been trading upwards since a significant move in late October. As seen on this chart, the parallel price channel A is still functioning well, breaking out of the port and maintaining a strong upward trend above $32,000 and stabilizing around $35,000 on the weekly timeframe. In the long run, BTC is expected to experience strong growth, especially...
BTC has formed a flag and pole pattern and looks like its ready to breakout. If it happens, Target levels will be 38600 and 45000. If it fails to breakout, BTC may continue trading in the flag range.