$BTC #BTC $23,197 continued to resist throughout the weekend. $22,750 support testing with a wick on last 4Hly. $22,750 remains at risk, requires to gain $23,713 support to avoid fakeout and resume climb.
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Bitcoin 30 minute chart.
It is a one-way short position strategy.
To be precise, it is a short -> long switching strategy.
*In light...
i have been looking for a reversal. Bitcoin has not slowed down after analyzing i found a few interesting points to consider.
1.three or more fib price relationships
2.pending weekly candle closure
3.supply and demand
4.four day r.s.i overbought
5.mitigation
$BTC #BTC Regained $22,750 breaking $23,197 resistance to test $23,713, resulted in fakeout. Currently reattempting at $23,197 resistance. $22,750 support yet to be tested.
here is a potential re-entry for big ol bitcoin,using harmonics and fib clusters found a zone with a sniper on the roof lets enter with a small risk and reap the hug rewards crypto volitility gives us .
Hello
It's a Bitcoinguide.
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I would like one booster button at the bottom, please.
This is a one-way long position strategy on the 30-minute chart.
*In arrow movement path
1. Entry into long position at $20872 / Stop...
Price is expected to reject our above trendline, for major rejections downwards to at least $21,527.
Possibility of price breaking the trend is at 35%.
lets observe it.
$BTC #BTC $22,379 support tested and held, $22,750 initial resistance. Avoided following thru bearish engulfing on lat 4H close, put bearish engulfing on 1D close. Crucial to regain $22,750 support, current support at $22,379 remains at risk.
$BTC #Bitcoin Regained $22,750 support, $23,197 testing with hard resistance last 4H closed following up to bullish engulfing. 1D closed with bullish engulfing needs follow up from today's close. $23,479 retest likely. $22,750 support looks good on 4H.
It can be happen if BTC not crossed to 26K USD. Most likely BTC looks manipulated and will surely dropped to lower level in between 12K to 14.3K. If it played mostly alt coins will be down further 80% from here.
The world’s largest cryptocurrency has maintained its positive momentum since the start of the year and generated approximately 36.83% YTD returns.
On the chart, two areas are marked representing the resistance zone and sustainability zone, respectively. The current price action of BTC suggests that it will be targeting a positive breakout above the resistance...
$BTC #BTC $22,379 support holding as expected, $22,750 resisting as of now, $23,479 resistance tested and rejected. $24,129-$24,690 next key resistance area to watch breaking $23,479. $23,197 initial resistance, Crucial to hold $22,379 for reattempt at $23,479.
in my view the fourth correction wave is running now .. if my view right then
the fourth wave target something around 28k - 30k . then the last wave of 5
will take the price nearly 11k zone. #btc #eth #bullrun #beartrap
Weekly analysis for,
DXY - It may see correction of 3rd of the 3rd wave
Gold - It may give correction of the uptrend
Bitcoin - Does the new rally begun?
S&P500 - ABC Correction is unfolding.
#dxy #gold #bitcoin #SNP500
On Weekly Basis:
BITCOIN completed its correction from peak USD 69000 to 15500 in its Grand Wave. There is a support at 19160 on weekly charts when it made a peak in December, 2017 and also paused in June, 2022. Though it broke briefly at 15500. Grand Wave Correction 1, 2, 3, 4 and 5 is over in Bitcoin. Bear cycle looks like, it is over. First break out has...
here is an opportunity to swing on bitcoin showing a bearish flag .Also used the parallel channel tool measuring the high and low of the range. The entry is the 50% mark of the range. My additional confirmation was the DeLorean ema sell shift on the 4hr timeframe. Potential swing to neckline at around 18,500.
$BTC #BTC Regained $20,812 support, $21,192 resistance in effect. 1D closed good, weekend approaching $20,812 support will be tested. $21,452 resistance to watch from here.
