Bitcoin Analyze (Daily Timeframe & Road map)!!!🗺️
Updated
Hi traders, Today, I want to analyze Bitcoin at Daily timeframe, maybe it can be useful for our Road map 🗺️🧐.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
Bitcoin is playing on Descending Triangle from 27 Jan 2021 until now (about 184 days🌅), we won and lost money on this Triangle (I hope that you WON lots of money💵).
I was able to find 3 points(A & B & C) of our Descending Triangle and now we have to try to find others (D & E). our Descending Triangle has 2 important lines (A & B). important line (B) is our downtrend and important line (A) made the lower line of our Triangle . When the price has reached these lines, it has moved to DOWN or UP.
Live: Now price is near important line (B) & TRZ (Time Reversal Zone) & Point D of Bearish AB = CD Harmonic Pattern, So I am expecting that the price starts to react again on this zone, and decrease until the important line (A) (Point D of Descending Triangle), then the price will go UP again it makes Point E for us. Point E will be a Critical Point because the price can move UP or Down from Point E.
Resistance Zone: 42450$ until 40822$ (Monthly Resistance 1+ Fib Cluster)
MACD: We have Hidden Divergence(HD-) between Price and MACD until now.👇
RSI: RSI is seeing Heavy Resistances in front of itself + RSI is on overbought too.👇
Stoch RSI: Stoch RSI is on Heavy Resistance.👇
My Suggestion: if you find Triggers for opening Short Positions, you can open them & if the price can break(Trusty) our Important line (B), we can buy Coins for Midterm and Long-term investment (Over 43399$ will be a good zone).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
Bitcoin is playing on Descending Triangle from 27 Jan 2021 until now (about 184 days🌅), we won and lost money on this Triangle (I hope that you WON lots of money💵).
I was able to find 3 points(A & B & C) of our Descending Triangle and now we have to try to find others (D & E). our Descending Triangle has 2 important lines (A & B). important line (B) is our downtrend and important line (A) made the lower line of our Triangle . When the price has reached these lines, it has moved to DOWN or UP.
Live: Now price is near important line (B) & TRZ (Time Reversal Zone) & Point D of Bearish AB = CD Harmonic Pattern, So I am expecting that the price starts to react again on this zone, and decrease until the important line (A) (Point D of Descending Triangle), then the price will go UP again it makes Point E for us. Point E will be a Critical Point because the price can move UP or Down from Point E.
Resistance Zone: 42450$ until 40822$ (Monthly Resistance 1+ Fib Cluster)
MACD: We have Hidden Divergence(HD-) between Price and MACD until now.👇
RSI: RSI is seeing Heavy Resistances in front of itself + RSI is on overbought too.👇
Stoch RSI: Stoch RSI is on Heavy Resistance.👇
My Suggestion: if you find Triggers for opening Short Positions, you can open them & if the price can break(Trusty) our Important line (B), we can buy Coins for Midterm and Long-term investment (Over 43399$ will be a good zone).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Note
Tweezer Top ❗️
Timeframe 2D ⏰
Note
Triple Top Pattern 🗻🗻🗻+Double Top Pattern 🗻🗻
Timeframe 1 h⏰
Note
Tweezer Top Pattern worked 👍
Timeframe 2D ⏰
Note
Ending Diagonal ❗️Counting Waves (Update)❗️
Note
New Post ❗️Counting Waves (Update)❗️
Note
Last Chance for my counting Waves 43399$
We saw the reaction from that point (👆)❗️
Note
New Post
Note
Road Map
Note
new post
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.