"BTC Eyes Breakout: Key Fib Levels to Watch for Bullish Continuation" This sentence incorporates several trending elements: BTC Eyes Breakout: This creates a sense of anticipation and potential price movement. Key Fib Levels: Highlights the use of Fibonacci retracement, a popular technical analysis tool. Bullish Continuation: Indicates a positive outlook for...
Hello,Traders! BITCOIN is going up now But a falling resistance Is ahead so after the retest A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
CRYPTOCAP:BTC did a stop hunt under the demand zone and returned above it. This pattern already happened in previous bull runs. Very high chance after such move that price will continue to move up , first bigger resistance zone is at 66000 - 67000
This is my kind of plan currently with $BTC. Still a risky trade, since the price has lots of resistance above and price hasn't, but bulls have several points in favour and price might set 57.5-58k as a good support. Small capital risk on this one. Let's see what the market do.
Hello, dear friends! I think many of us were cheered up by a little Bitcoin pump. In fact, nothing unusual, it's seen within the framework of a descending trend. It's very important to monitor the price behavior, which may approach 63,000. I see several possible scenarios: 📌Scenario 1: The price will rise to 63,000+ and test the descending trendline, then go...
✅ Bitcoin finally managed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and the lower line of the Descending Channel and 100_SMA(Daily) . 🏃♂️Bitcoin is currently pulling back into the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and moving near the 🟡 Potential Reversal Zone(PRZ) 🟡. 😱The Fear and Greed Index entered the " Fear zone " again after more...
please check previous analysis Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Very important levels 63 and 67K I would more pay attention at 67K level. If #BTC manages to have W close above 67K, that will mean that uptrend continues, and probably we will the PA as on the chart. Keeping an eye and trading according to RM :)
Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price started to trades in flat, where it broke $70300 resistance level and fell to bottom part of flat. Then price turned around and rose to resistance line of wedge, exiting from flat, and soon BTC broke $70300 level again. After this, price...
✅BITCOIN broke the key Horizontal level of 61k$ So we are bearish biased Now and as the pair is Making a bullish correction We will be waiting for the Retest of the broken level Which is a resistance now From where we will be Expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
🔍In today's market, we witnessed a minor downturn as the support at 6115 was breached, signaling a brief downward trajectory. However, a significant bounce occurred at the first critical support level of 56708, indicating a corrective move towards the upside. As anticipated in the previous analysis, a rejection from 66480 validated the dominance of sellers,...
Bitcoin (BTCUSD) dropped on the Fed Rate Decision day near the 1W MA20 (green trend-line), the closest it has been to it since the week of October 16 2023 when it broke above it. This level is of considerable important for BTC as it is probably the most consistent Support historically during Bull Cycles. On this 1W time-frame analysis, you can see why that is. In...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Today's BTC update will be concise. Observing the 4-hour chart, it appears that BTC's 21-day moving average has been breached. Consequently, BTC might experience a surge today, potentially influencing its associated legacy markets. However, failure to breach the 21-day moving average on the...
According to the analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply. 💎 But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand. 💎 Currently, this...
#bitcoin #btc is now testing the former support zone , now the resistance zone. This is the bearish retest of 52K or bounce to 62K? Ascending channel is bearish but the short term structure is neutral. Neither strong nor weak.
In this analysis I want to elaborate further on my previous analysis where I talked about the daily RSI of BTC almost being oversold, which is historically a great time to buy during bullish long-term trends. As seen on the chart, I'm looking at both the RSI and the diagonal purple trendline. Ideally, the daily RSI will be lower than 30 and BTC will be trading...
Here is a new long trade idea. The last trade got stopped out in spite of the price bouncing from the support we identified. The price has currently moved lower to a 4h support zone 4HS1 and likely to bounce from here to provide a long trade opportunity. If this support breaks then we are likely heading for weekly support WS1 around 51000. Since the momentum is...