Bitcoin Short to Medium outlook looks BULLISH. Has given a Breakout on Daily TF after a month of consolidation, now looks only for long opportunity. Sooner Bitcoin can touch 25000 ( Target 1 Weekly 200ema) and if sustains then 30000 (Target 2).
At the moment, the price consolidation is fully formed by the current impulse breakdown, the false breakdowns at its lower boundary indicates that the big players were actively buying bitcoin at an average price of 20,500, this indirectly indicates an incipient long-term rising trend, an excellent confirmation of this idea will be the price climbing to the area of...
Bitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside.
Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is...
BTCUSDT- Perpetual - Binance - 1 Hour Chat
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Good 3 Drive Swing pattern is unfolding which may result in sell off to the potential targets given on chart .
Not a recomendation to Buy/Sell :)
Also check related idea below for my last BTC analysis . Do "Like" if you feel good at my attempt :)
Thanks for reading,
Chintamani.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
Bitcoin is now trying to break the $21.750-$22,000 resistance area. If BTC is able to break this resistance, we will see a move towards the key...
BTC chart showing that it would be go down as we can see, its making W(double bottom) pattern and may break down symmetric triangle, Make sure you wait for next trade till next move of BTC.
KEEP IN MIND, I'M NOT FINENCIAL ADVISER, IT'S JUST MY VIEW (I'M NOT RISPONSIABLE OF ANY KINDOF LOSS OR PROFIT IF YOU TAKE TRADE ACCORDING MY ANALYSIS).
Don't get fooled by small pumps. Zoom out and look at the big picture. BTCUSDT is forming a bearish channel; the next major support is near $12k.
Like, share, and engage with my ideas.
MMM Strategy for Bitcoin, If price crosses any demand and supply zones then price must move toward next supply and demand zones, If not then price will break the current supply/demand and must move toward next supply and demand zone.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC /USDT UPDATE !
As we can see from the chart mentioned above, BTC broke above the upper trend line of this triangle pattern, and a retest Is likely in the upcoming...
Hey everyone
I Guess everyone is looking for the btc bottom but when we extend the charts we can observe something cool
we can see btc forming wyckoff Accumulation and we just tested Resistance line above AR now we are moving forward towards ST in phase b
IMO we still have to wait for october to november for the start of the bull rally
Remember previous time of BTC consolidation period when BTC was around 30000$ it consolidated in range between 28000$ to $32,000 for a month and after that it broke the range and land on 17000$ so be careful if you are in long position.
A short opportunity here as chart and stop loss around 23200$
Bitcoin after forming weak formation & has a corrective phase within it. There's a possibility for the move to the downside to reach at 17,500. What's your view on Bitcoin? Make sure sure to do comment down below.
