We are going to face the downward angle 1 as resistance soon, we have GREEN BARS< TRAPZONE AND UMVD. so current Trend is on the upside. Watch out if we stall and break angle 3 going up and start sliding towards angle 2. Angle 2 should provide support in that case.
BINANCE:BTCUSDT Bitcoin can reach up to 57K after then drop to the PRZ zone (47K). ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always...
1. Current Situation Bitcoin is experiencing a significant downturn, reaching levels not seen since February. The primary concern is how much further it can drop, with potential for a short-term bounce. 4. Current Price Action and Short-term Projections - Bitcoin has already seen a 25% move to the downside from its recent high. - Short-term projections suggest...
Let's update our #Bitcoin #CME 1D chart; If you remember, I last shared a chart on 24.07.2024 that there could be a 30% decline on the Bitcoin side and that a Bullish formation structure would start from these levels. In the meantime, I have always voiced the danger of the gap it leaves behind as it rises. While filling the gap, it left a new gap at the same...
There is no denying the last few months in crypto have been frustrating to say the least. With a brutal seemingly endless chop despite some very bullish events such as the halving, BTC & ETH ETFs, institutional interest and buying, presidential candidates in support of the industry etc. Bitcoin still struggles to break and stay above its '21 ATH @ $69,000. For...
The series continues as Bitcoin fails to invalidate my thesis. This is most likely the start of the crash rather than the end. The first diagonal support comes in at 45-48k. Check out Part 1 above first. The Topping Fractal Strikes Again The entire move is orchestrated time and time again. You can see from Part 1 that 7-10 year wallets shifted massive...
🧐Today, I want to analyze Bitcoin for you in a weekly time frame so that maybe it can give us a good view of the continuation of Bitcoin's movement . 🏃♂️If you look at the chart, Bitcoin is moving in the Ascending Channel in the weekly time frame, the ascending channel I have drawn seems to be a valid channel, so that the middle line of the ascending...
Wave 1 and 2 are very clean. Wave to reached at 61.8 fib and then IF, IF BTC reaches 70, We are in wave 3 and wave 3 can extend to 88 or 90. then we may see a correction as wave 4. IF BTC takes out 53,500 low, this scenario is failed.
BTC Dipped into the CME GAP Structure shows some weekness There is still Liqiuidity below left When are we expecting Price to reverse? Watch the Video for more details.
SWtill on track july was not as far down or as fast as expected but August is making up for it. Although should start Wave 5 up in August. Target 1 88k, target 2 100, & target 3 133k.
Bitcoin just hit before the E.U. opening the 1W MA50 (blue trend-line), a Support level that has been intact for more than 1 year (since the week of March 13 2023). This is a test of Bear Cycle territory for BTC as during its past Cycles, this level was touched only after the market has started a new Bear Cycle, with the only exception being the week of June 21...
Hello guys, recording to my last analysis, the supply zone engulfed, and now I'm in sell to the nearest demand zone, that it is 50k. You have 3R/R for short. Keep your money safe guys.
In my last BTC analysis I talked about the post-ETF sell-off that BTC saw, and which would likely trigger after the Ethereum ETF. We're now a few days after the fact and crypto is selling off hard, especially the alts. In my opinion, it's likely that BTC will keep on going down. We might see a short-term reversal in the near future due to being extremely...
The BTC 4-hour chart shows a significant breakdown below the descending channel, indicating strong bearish momentum. The price is now testing a crucial support level of around $50,808.76. Traders should watch for a potential bounce or further decline, with the next support around $50,000. Resistance levels to watch are $55,400 and $60,000. Remember: This is not...
I see a fairly aggressive structure, this is good for people who have not yet bought this tool for a lower price. We updated until the halving, we have an ETF, and this is very serious. I didn't believe in bitcoin at 100k and one million. I don't think that a big company like Blackrock, Fidelity wants to make us poor rich) I don't believe it. That's why I open the...
Bitcoin will trading around 50k again because rejection on local resist and CME gap also still open than better to retest on support and trendline 48-50k is programmed Alt coins will die like Fantom, Aptos, Algo, Ape, etc
We broke the weekly trend on BINANCE:BTCUSD , and now price has mitigated the OB that's been left behind. Are going to mitigate that monthly OB that was left behind? Due to macro data, I wouldn't be surprised if we wouldn't see ATH in this cycle. Trade being invalidated if closes above the weekly order block (OB) and only valid with daily break of structure.
According to what can be seen, the market still intends to fall to lower prices, but from where I see the link currency, the probability of returning from this area is very high. Please like this post and follow me.