BITCOIN CHART ANALYSIS 22 APR 24 LONG
As you can see in the BTC chart price is in range bound zone soon we will see a pump in BTC
levels are given in chart you can easily figure it out .
R:R - 1:1
guess which chart pattern is formed in BTC.
Don't get wrecked! #BITCOIN
Scalping with high leverages during times like these is a risky game. Market makers are toying with global sentiments, especially with the Big #BitcoinHalving just around the corner.
Cut through the noise; stick with spot trading exclusively.
Stay safe, earn safe.
Bitcoin BTC Rainbow Chart The colorful channel is the resistance line for the rise of Bitcoin and the support line for the fall. Blue and purple are the bottom, fluorescent blue-green is the relay, green and yellow are the middle track, and orange and red are the top.
📈 Technical analysis BTC/USDT
Bitcoin is undergoing a local correction ahead of the halving, scheduled for April 20th. The price of BTC has already reached the 0.5 Fibonacci retracement level from the last upward impulse and is currently testing the dynamic support line EMA 50 4H. In case it doesn't withstand the pressure from sellers, we expect the price to...
The local bottom has formed on the daily time frame for Bitcoin. Both spot and perp are showing continuous bids for Bitcoin, leading to higher highs.
The bulls are showing strength in lower time frames with the 50 & 200 EMA and the weekly open, aiming for at least 78k. Let's go! BINANCE:BTCUSDT
Previous Day:
VAH: $65184
POC: $64947
VAL : $65870
Date: 22 Apr 2024
BTC long after 4th wave finishes, the best part of the weekly wave has been finished month ago, we are now in 4th wave and be ready for the 5th wave which is the strongest one
Bitcoin, the maiden cryptocurrency, is hanging and swinging in level from 62k to 72k for more than 50 days. The geopolitical tension has made steep decline in entire crypto market. Currently there is no clear sign of any direction, viz. Up or Down. So it is better to wait and then take any decision for trade in BTC.
ALTS can be traded according to effect of BTC &...
As the price is making lower lows but the rsi is making higher lows means the bearish momentum is squeezing and bullish momentum building up . If everything goes right then we will see the next rally otherwise we are f*cked .
BTC is ready to flip as halving is nearing, BTC will again shock by liquidating shorts in upcoming days. Hold on spots or low Leveraged longs are expected by the traders.
BTC has touched 59.6k third time in 2024 and every time it pumped from here, so this last hope for up movement. If BTC fails to pump from here then 50k or lower is very near.
At least 68k is expected until halving.
#BITCOIN BEARISH ALERT
Market Status: Bearish
Key Observations:
Pattern Breakdown: Bullish Pennant formation has been compromised.
Trend Line Status: Currently trading below the key trend line.
Targets: $50,000
Condition:
This target is set under the condition that #BTCUSDT remains below $65,500.
Keep a close eye on the price movement. A sustained position...
