Bitcoin Price action.Bitcoin is form double bottom with support 42042. As per chart trend, It may test 54054 soon.
BTC1! trade ideas
Bitcoin support zoneBitcoin currently breakout near but today news in market sp drag so next support level is 45000 to 43300 .both level is strong support zone so expected fall near support.so after fall is market again cross 45000k is good to next high chasing to 52000 & ATH 69145.... bullish...after free fall
Bitcoin futures gapThe gap price of Bitcoin futures is between 40325 and 39640, waiting for the gap to be filled. According to market rules, this gap will be 100% filled.
35300 gap finished next 20k30500 gap down finished waiting for 20k gap up , when btc reaches 20k that is the best time , mostly 20k will likely see in nov 3 week let's go for black Friday sale 🎉
BTC HAVE GAP UP AT 26300BTC bearish reasons :
1.btc have gap up 26300
2.btc forming bearish shark pattern
2. oversold RSI
BTC COMING TO FILL CME GAPBitcoin Dumping to Fullfill CME GAP Between $ 21250-20310. Very Soon we can see BTC this Zone before breakout.
$BTC CME FuturesBTC CME futures chart is showing unfilled gaps around $35995 and $20335 that have not been filled yet. The price action is moving in a descending triangle.
A successful breakout of the descending triangle is the confirmation of first filling the gap of $35995 and a breakdown retest of the descending triangle is the sign of first filling the gap of $20335.
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BTC Price Forecast till August 🐻Bitcoin Price Action Forecast till August 🐻
Looking Bearish to me !!
Bitcoin FuturesI had to plot the waves on the Futures chart as I couldnt find the Spot chart on Bitcoin. Enough is given to co-relate it to the Spot chart. I am saying...... More and More Shorts Should be CREATED.... MORE n MORE n MORE. I am extremely BULLISH . I do not tradw any COIn. MY BULLISH APPROACH is to equitys on the whole and especially to Indian Market
BTC CME FUTURES Trend analysis for the upcoming month
If you look at last month's candle it was a long bullish candle. I personally think that many retailers made good money last month, that's why Binance made sudden restrictions on the margin for futures. this month's candle is a spinning top, there is still one day for this month's candle closing. If the candle happens to finish red(bearish candle) we may expect a fall. If it is a green candle market may remain sideways. But always remember BTC is extremely volatile. So Trade carefully with good risk management. good luck
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BTC CME FUTURES GAP THEORY- When a subsequent gap is left between prices, the prices always tend to cover the gap irrespective to time. In Bitcoin CME futures there is a gap between 24000-24300.
Btc BoomOn most crypto charts, a green candle indicates a bullish move or an increase in price. Meanwhile, a red candle indicates a bearish move or a decrease in price. A candlestick with almost no body and long wicks, on the other hand, indicates that neither buyers nor sellers are in control
BTC at $27000Technicals : medium term
1. Price Breakout with bounce of 20dma
2. Above average volume
3. High momentum
4. @bbands squeeze open
5. S1 : 19700
6. R1 : 26935
extending the bitcoin patternpublishing herewith my idea about parallel channel its breakout and how it could be extended
Bitcoin Futures GapThe red fall has not been covered, the green rise has not been covered, and the gray-white rise and fall has been covered. The red horizontal line is the K-line gap caused by the rise in the past two years ago, and the green horizontal line is the K-line gap caused by the decline in the past year. , The gray and white lines are all the gaps that have been filled in the history of Bitcoin. The low price of the red line is more than the high price of the green line. The probability of filling the gap in history is 90%~100%. It is only a matter of time before the gap is filled. The thick line in the picture is a big gap, and the thin line is a small gap. The lines in this picture can be used for a long time.
Want to see double top reversal ==> Here it is Bitcoin!!!!Double Top in Bitcoin
Crypto market has shown bull and bear cycle in very short span of time.
From rising from 10000 usd to 69000 usd and from 69000 usd to 16000 usd in span of around 2.1 years
I think it is fastest reversal of any new tradable market.
Double top means making almost two equal highs and failure of bull to make new high while bears pressure of continuous selling makes this pattern.
Neckline is where bitcoin has taken support as seen in chart.
Generally target from top to neckline is expected in double top.
Let us see whether bitcoin makes new low from now to reach target as marked in chart.
Bitcoin- Down and then upBitcoin is expected to make a move upto 12K levels very soon. There can be a bounce back till 18K post but till it is below 22K on WCB, it is not a buy at all.
Bitcoin reversal from $10.000-$12.000Based on the fork, the trend continued to move down. But the bottom is near. It will reverse after breaking above the fork. The bottom can from between $10.000-$12.000 area.
This is my personal opinion, trade at your own riskIt is standing on a healing spot, which I see can go up in the next few months
falling wedge patternbitcoin falling wedge pattern with bullish rsi divergence. if previous low is protected and if crosses trend line then it can give good bounce upto 24400.
