This is a good indicator called power law corridor The support line in pink is strong and if it is retested will likely be rejected bullishly I expect the bull run to continue to the top area in red which was not tested in the 2021 bull run This will be more of a slow burn kind of bullrun compared to the last.
BTC has reached to 15MIN supply zone and we can see a pin bar in 15m timeframe. entry:59523 tp:58104 sl:59843 r/r:4.4 LEVERAGE:20x
Overview: Lord Jerome reported 227,000 jobless claims, slightly below the expected 234,000. Additionally, almost all other macroeconomic data points to a growing and improving economy. July U.S. retail sales were three times higher than anticipated, coming in at 1% versus the expected 0.3%, suggesting strengthening consumer confidence, which has risen above 0.7%...
The bearish wave from 9’ Aug didn’t do the expected bearish reaction. It’s possibly a corrective wave for another bullish wave. And since the bullish move from lowest bottom at ~ GETTEX:49K doesn’t look bullish either; a bigger Double Combo is my current expectation. Breaking $54.5k is the 1st invalidation. Breaking GETTEX:49K is the final invalidation.
Has been too long since the last time that we had a crypto fiesta! Short-term view: As discussed in my last few analyses, BTC remains in a gray area. Bullish above the top yellow resistance and bearish below the bottom purple support. Stocks are breaking out bullish, so I'd expect BTC to follow. Very choppy market. 🎉CRYPTO FIESTA🎉 Comment your favorite crypto...
BINANCE:BTCUSD has been in consolidation for 5 months. The price makes another retest of the 70K resistance, but due to several reasons failed to pass this area. A correction inside the FLAG is forming From 70K resistance another correction to 64K has started. The reason for this is strong bullish sentiment after the US allowed bitcoin as a reserve asset....
Bearish Shadow is still chasing BTC. After a good retracement from the 49-50k zone, BTC faced some selling pressure around the 62700$. The pressure finally pushed the price to 56.1k $ yesterday. right now price action is showing us HH and LH and, we can see Liquidity above the 59800$ and FVG above it. We believe the price will eventually reach the zones as...
CRYPTOCAP:BTC #BTC $61,953 resistance holding strong, previous 1D closed following up to the bearish engulfing from Wednesday, $58,290 current support in effect, RSI on 4H improving, on 1D RSI looks fine, unable to hold $58,882 support, $62,580 $63,544 $64,344 next resistance areas to watch.
the BTC is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Note: we should wait for the breaking of the triangle and than make a move! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _...
Here's what I see on my chart using my indicator. Really tight weave right now after BTC surpassed the blackhole zone. Now the price is working itself away from the compass overpass. Unlike ETH which is working through the underpass.
Hey everyone! Appreciate a like and follow if this analysis helps! Bitcoin is currently trading sideways around the $58k level. The daily chart shows a potential bull flag formation, suggesting a period of consolidation before a significant move. I anticipate this sideways action to continue for another 3-4 weeks. While we wait, accumulating promising projects...
BTC is currently trading around 57,929 USDT after a recent dip. The price appears to be in a descending wedge pattern, which typically suggests a potential bullish reversal if broken to the upside. The chart shows BTC attempting to reclaim higher levels, and a breakout above the wedge could see BTC move toward the 62,000 USDT resistance zone. This is a critical...
Could this time we will be seeing another opportunity on the temporary downside once the formation of "M" fulfilled? Or bearish divergent making it uptrend outside the diamond?
BTC f⁻¹ 2W 20MA Rejection Few bars above and resumption once CME ease next month Chop w Golden ratio support 350DMA at $50k Rekt...for a while in sync with macro
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (USDT 1D chart) USDT is maintaining a gap uptrend. What is unusual is that the upper tail is long. I think the size of the candle is formed due to trading. Therefore, we can see that there...
BTC/USDT Analysis: High Time Frame Insight The thick line on the chart represents a higher time frame, likely a weekly or monthly level. This indicates that the marked levels or events around this line could have a significant impact on the long-term price movements of Bitcoin. Current Price Action: The chart shows a gradual downtrend, which might continue...
Good Evening and I hope you are well. tl;dr Bitcoin - Bears did it today and bulls will probably wait for 54000/55000 to start buying again. Should not go above 59000 before 54000/55000. From yesterday: One side will give up tomorrow. Promise. comment: Promise kept. I also wrote that 62000 is my line in the sand for the bears. We are now in a decent...
This analysis is an update of the analysis you see at the bottom of the page in the "Related Ideas" section Bitcoin did not move towards supply to enter sell/short positions. The upward movement of Bitcoin took a long time, it seems that Bitcoin is going to collect a buy order from the lower limits. Now Bitcoin seems to drop to the green range and then it seems...