since the breakout of 25000 we have seen good bullish rally upto 30k+ price seems to make little consolidation and breaking above 30950 and 34500 will be very important level this levels are likely to trend shift for short term either it can be side way or pullback giving zone with divergence alert for "do not open new fresh longs"
I have made efforts in explaining the concept in simple terms, as we can see chart explain everything all level is important my view is bearish. this is for only educational purpose
chart looks extreme bullish entry can be 30134 with target 31500 stoploss 30000, if break 30K than next support 28734
As we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee. Why? Strong hammer on 78.60% fib. We already have a breakout...
Publishing herewith my idea about bitcoin using a pattern
Bitcoing trading in bullish flag pattern and it is trading in range since 24 hour, very soon breakout can take place,, which can make clear way towards 31k for Bitcoin Darling. Right now it is trading at 30168 start accumulating from current levels to 29900 and keep stop loss at 29675 and we can see targets above 30500/30750/30950+, Price is above 200 EMA, which...
Bitcoin trading at lower support zone, it is just made low and this is gonna to be reverse from here, Very soon we will see a hammer candle over just here. Price and action showing a pull back from this level. So if anyone wants to go long can go from here. Right now it is trading at 30410 and keep a stop loss 30200, Very small stop loss, and go for target above...
publishing herewith followup of my bitcoin idea dtid. 04.04.2023 if anybody is not able to understand these pattern and hv some queries , feel free to write your comments here price was moving with in a range and a sub range and was in consolidation phase, a breakout and price reached upper level of channel and got resistance there and still in red
Looks like this bullrun is just started. We could touch 32900 range before some correction (-25% retracement) for around 2-3 months with base as 25k range and that will be the best spot buy before a real bullrun starts!
29.8k major to be flipped. Once done welcome to 34.5k If gets rejected on weekly at 29.8k Down to 26.4-25k range. Until then bulls doing the job pretty well since couple of weeks keeping the price higher.
btc broken of 1 month range a smaller resistance and huge resistance.. breaking both of it
Publishing herewith my idea about bitcoin using day time frame
Getting ready for breakout Good targets on both sides Only educational purpose
Publishing herewith my idea about bitcoin using day time frame
BTC is Long in High Time Frame but in 4h or 1Day it was in Distribution Zone Accounting to me BTC will Take a Retest of Down Down and Hunt the Stoploss After that it Makes a New High for this year... So, Wait for the Retest and after that Wait for the Confirmation Candle Than Enter the Trade …
Btc chances of goes down upto 27910 Bollinger band hits upward now time to down volume decreases
Nowadays, the volume is very low in the market. In this type of market, no one can say where it will go. Personally, in a low volume market, I just sit and try to learn from it. However, for you, here is an analysis on the daily timeframe to see if the market goes up. Here are the resistance and support levels, and if it goes down, what you should do. if you are...