On the $BTCUSDT chart, I have highlighted all significant supports and resistance levels. In my opinion, we may see $14000 - $12000 before the next bull run, which might be before a rally to $38000 or after $BTC reaches $38k and then drops to the $14000 - $12000 zone. In August, $Bitcoin might reach $14000 - $12000.You can DCA accordingly. Trade at your own...
$BTC exactly jumped from average weighted buying price from the bull (The Blue and Yellow line) and makes 25% move to the upside. Now it is facing resistance where usually swing traders take profit($23.9k - $24.5k), also MFI retesting the bottoms of H&S pattern trendline and RSI upper trendline also being tested. If $BTC breaks these trendlines and crosses $25.5k...
In daily timeframe we can see there is a bearish divergence, which can drops bitcoin in 20000-19000$ range, if played out. Money flow index also in making head and shoulders pattern. We can expect a small leg up to complete H&S pattern and then dump in price. So guys trade carefully. Not a financial advice Trade at your own risk
Bitcoin saw a 5% correction as a result of the rising wedge. In the 4h timeframe, $BTC has been trading in this range (channel) for the past 41 days and has the potential to touch the channel's bottom trendline as well as the top trendline. If $BTC breaks out of this channel, either up or down, we could witness a significant move. Meanwhile, if you want to trade...
Bitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the...
Not a financial advice. RSI and MACD are not catching up with price action. Volume is also decreasing. A potential short opportunity is there but first let it break and retest the lower wedge trend line.
$BTC has previously made three attempts to break the liquidity box but was unsuccessful in doing so. A rally to 29k can start with a close above 25.2k. Normally, it takes 4-5 solid volume attempts to crack a box like this. Not a financial advice Trade at your own risk
We can expect a major drop in $BTC from 30k-33k. We can open a short position once $BTC retests 30k-33k range. Not a financial advice. Trade at your own risk.
$BTC can go 38k or as high as 42.3K but first a pullback is can happen as 27.3k-31k is a strong resistance area. Not a financial advice. Trade at your own risk.
Adams and Eve pattern printing on ETH-BTC pair in monthly TF. Take entry on breaking the neckline after retest. SL below it. Pattern invalidation below support line in the chart. Target around .25 btc (expecting 100% move) Not A Financial Advice. Trade At Your Own Risk.
In BTC-USD pair we can clearly see the double bottom (W) pattern which is showing bullish sign. Volume is also confirming bullish move. We can see some choppy move this Sunday because of the weekend. 1 st resistance area is 51367$ 2nd resistance zone is 52900$-53600$ In case of any downward move BTC needs to hold support zone at 58355$. Weekly closer below this...