I don't know why othere are talking about head and shoulder patterns however market is in a downtrend and there is a clear elliot wave structure. Target profit level should be 25500 however it is likely that it will go even lower.
We can go with bulls with 1:2 Risk reward....yes the stoploss is big but untill pr unless stoploss is broken we cannot predict any sell side signal.....
Current corrective wave count in BTC - Wave 4 looks complete around 25765 - Wave 5 targets 31885-33319-35638
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. It's a neutral strategy. Cross-border analysis is boring. It was judged that it would be difficult to raise...
Wait for the market key level breakout after entering the trade
going long on support. Time frame is 15 min. Took an entry on retest with just 40 points Sl for the target of 600 points. Will keep trailing Sl using 1 min frame in case if the trend has reversal. Just a basics knowledge of Support/Resistance or Supply/Demand with any indicator that to me mastered thats all we need.
Hi dear community and my loyal followers, I hope you are fine. I'm looking at weekly log chart of BTC. As you noticed from my previous analyses I compared 2022-2023 with 2015-2016 and not with 2019-2020 coz they are very identical. Taking into account this similarities I nailed any single move from the bottom of 2022/15.5K/ to the current moment /30K/. As you see...
#Bitcoin will be soon break their support line of FWB:27K and goes under #BearishZone trend up to first below cut-off point FWB:25K -22k and second lower cut-off mark is FWB:21K -19k with more #Bearish trend of $19k-17k upto june-july 2023.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. This is a one-way long position strategy on the Bitcoin 30-minute chart. When I saw the Nasdaq movement I thought the crash was...
long from here guys as we can see a head and shoulder pattern in the weakly chart of btc
Price has grabbed the sell side liquidity, now the last bullish OB was responsible for impulsive move in the past, expecting the same we entered for possible Long entry and targetted the previous bearish OB which has buy-side liquidity, Stop loss is placed below the bullish OB. Happy Trading.
Long in Bitcoin for the three targets marked on the chart
Hello Friends, Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave. In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, I would like one booster button at the bottom, please. Bitcoin 30 minute chart. This is a one-way long position strategy. I think this week's opposite trade section is From the green support...
Bitcoin chat pattern. Inverse head and shoulder. My chart drawing is very clear about the future potential price action of bitcoin.
weekly time frame btc may head to 10k$. it broke last lower high and its heading to 40k$ and may go upto 60k$ or may head to 10k$
The world’s largest cryptocurrency was struggling to have a positive crossover above the crucial mark of $30K. Towards the end of the week, selling pressure kicked in which forced the price level to drop below $28K. On a weekly setup, the BTC price level is trading at the lowest region in the Fibonacci Retracement while the RSI suffered multiple breakdowns to...
Time frame 1 hour, going long at support where as the risk is low like every other trade as per my setup. There were multiple thoughts before entry if I should enter or not. I am sure this happens with many novice trades like me but to be in a league of professional we've got to enter a trade as per our own trade setup without a second thought. If there is a trade...