BTC / USDT Quick summary : 190 days have passed since the BTC topping in march 2024 at 73k Since that moment BTC was trading in downtrend with LH and LL What we can see in chart : finally we can start seeing serious bullish signals 1- First Higher low in 6 months 2- Triple bottom formation in RSI indicator What I wait and expect for next ? I think...
hello guys. as I said before: Head and Shoulders pattern completed: A clear inverse head and shoulders pattern has formed, signaling a bullish reversal. The breakout above the neckline confirms this bullish structure. Breakout confirmed: Bitcoin broke past the previous resistance at $62,300, which now acts as a strong support level. The price retested...
Welcome to our daily BTCUSD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 63.300 Wish you good luck in trading to you all!
Seems we are in a ascending broadening wedge pattern, with a missing 5 Elliot leg. If confirmed, we might see a break out to the 86400$ resistance.
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Sometimes I add a bit to what I have thought. let's do some math here: Technical Section: minute: Wave 4 = 50% of wave 3 ($ 49k) that was the end of it Wave 3 is greater than 161.8% of wave 1 ----> Wave 5 = 261.8 % of wave 1 ----> Target = $ 89528 minor: Wave C = 123.6% of...
This week The Fed lowered rates and everyone was "SURE" that this would lead to a huge market yeet in stocks and Bitcoin INDEX:BTCUSD ... but are we getting it? Price closed the week with an attempt to break higher on the S&P 500 futures CME_MINI:ES1! BUT closed BACK INSIDE the prior All Time High. THIS is a key sign of a potential reversal. In this video I...
#BTC The price has broken the descending channel on the 12-hour frame upwards and is expected to continue We have a trend to stabilize above the moving average 100 again We have an upward trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 53000 Entry price 62000 First...
hello guys. sorry for the last analysis. it is the right one! Technical Analysis: The chart shows that Bitcoin is facing a significant rejection near the QML (Quasimodo Line), indicating a strong supply zone. Price has failed to break through the supply zone, resulting in a potential double-top pattern, a bearish signal. There is a strong support level...
Price of BTC missed our original buy zone by a FEW PIPS which was annoying. But it's fine, because it means price is still heading in our overall direction which is to the upside. I have readjusted my wave count, now looking for a SUB-WAVE retracement into this new grey, supply zone. Once price taps in and ONLY if I see a clear 3 sub-wave (A,B,C) move, I will...
Price action have broken through the 50-100-150 simple moving averages. all averages are aligned according to there respective timeframe. Moving averages are all sloping upward. RSI ignored a potential downtrend and broke market structure. Two curves shown are resistance and support for the price action. The break of structure occured roughly around the 14th...
Hello,Traders! BITCOIN went up sharply Just as I predicted but the Coin has reached a horizontal Resistance level of 65,000$ From where we will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The following is an explanation of how to use the indicators included in the chart. If you don't need to see how to use the indicators, you don't have to read it. - (15m chart) Currently, it...
✅BITCOIN has been growing recently And the coin seems locally overbought So as the pair is approaching a horizontal resistance of 65k$ Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Here on Btcusd price has form rising wedge and have broken line 63197 which means there is high probability of moving down and going for SHORT is needed with targeting profit of 61256 and 59238 . Use money management
BTC Update: BTC is still struggling to break above the dotted trendline, technically forming a hidden bearish divergence. In my previous update, I mentioned that BTC must close above GETTEX:64K on the daily chart to invalidate this hidden bearish divergence. At the moment, we are seeing a rejection, and the 100 EMA (yellow line) needs to be held as support. A...
We need to exercise caution as the price nears a cluster of significant resistance levels. Pressure could arise from the 65K region, which remains untested, as well as the higher zone around 68K-69K. It's important to note that, on a global scale, bitcoin is still within a descending channel. While the broader picture (D1-W1) shows potential for further growth,...
The coin is currently in a rally phase, but it's approaching key resistance zones that could slow down its momentum. The chart is starting to show signs of deceleration. Ahead are significant resistance levels that could potentially halt the rally. If the bears manage to keep the price below 0.00456, we might see a reversal and a downward move. However, if the...