Finally we turned bullish again.
BTC has given breakout out of resistance of 40000$ and trend line
now next resistance/target 44300$,48900$,51000$++
and strong support zone is 34000-35000$
BTC - 2022
SUPPORT & RESISTANCE
In this chart, you can see trand line, support line, resistance line.
You can see how accurate is this by checking last dump & pump.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38906.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
As we can see from the chart that BTC has broken a long term resistance line and a big upside potential is seen . I would suggest to make a position in favor of bulls and buy in a staggered manner and avoid leverage !
BINANCE:BTCUSDT is moving upward in parallel channel. Wait to close above last red candle to pick position. If breaking lower level wait to close below 50ema
BTC is making a falling wedge pattern and looking good for long above 39600 level. 44000-45000 will be next strong resistance zone.
Learn & Earn,
Dr. Tanya Kumar
Hello traders,
this is a detailed analysis of bitcoin. some important levels and patterns that might help you to know where it can go.
BTC is very beautifully respecting the levels and hoping it to respect them further.
last time bitcoin fell around 53% and the same correction was being done again.
history can repeat and maybe it can start it's bull run again....
The rounded top formation on BTC/USDT 4hr chart is showing the potential end of a previous uptrend.
- Showing that it has already reached the maximum price. (01 Feb.)
- And that the possibilities are now in favour of a downward price movement. (02 Feb.)
In technical analysis , the rounded top is a negative chart pattern . When a chart develops a top,...
BITCOIN is already getting WEAK ,day after day and week after week ! it couldnt break the 69 K.
I predict Bitcoin going down to my TARGET mentioned on the graph which is a ZONE : from 13 k to 10 k .
I see that the buyers lost hope in the market,they stoped pushing the price higher because the BIG Sellers took the place which made it tough for Bitcoin to break the...
