Currently, Bitcoin is facing Support around my key level of $54,600, which coincides with the 0.5 Fibonacci level. Once Bitcoin closes above the 200-day moving average, it is expected to gain momentum and rise towards the top of the channel. After breaking through the channel, Bitcoin is likely to continue climbing, then experience a pullback, before ultimately...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (h1) (Futures) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 56600.0 ⭕️SL @ 55600.0 🔵TP1 @ 60200.0 🔵TP2 @ 63500.0 🔵TP3 @ 66600.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
From an Elliott Wave Theory perspective, #bitcoin is currently ending a corrective wave 4. Duration is now identical to that of prior Wave 2 so we are fine in that regard. In terms of structure, this correction is complex, alterning with Wave 2´s standard ABC correction. We could either be in a Flat ABC or in a WXY zig zag, this is not yet defined. In any case it...
I thought I would look at BITCOIN as I've been doing my Plan Your Trade videos. I don't follow BITCOIN much - but the skills I teach related to price channels, Fibonacci Price Theory, Anchor Bars, Fibonacci Retracement/Extension, and others can be easily applied to any chart. So, I created this video to share with you how I look at opportunities and pertinent...
Hello everyone, Today is the beginning of the new fiscal quarter, so as usual that means Q3 outlook is here. I already know that with this one, I will most likely not make any new friends, but things have to be said even if the majority may be against "the Idea". So first, I would point out that my Base Case from Q2 is still relevant in my opinion : " My...
BTCUSD Potential for a bearish pullback on the Bitcoin 1D which could lead to a price movement towards the support level at 54k. Best SELL zone from 65.600
It looks like btc is bouncing off key support at 56500-59500 usd. Key resistance is now at 72-74k. It has stayed in this trend from going in between these zones since late February (last 4 months). The RSI was also oversold at both 4H and daily. We are now looking for the MACD to flip bullish at higher timeframes 4H-1D (it is already bullish at 1H). When btc...
Hello everyone, looks like yesterday's call: "In my opinion, there is still potential to move to Lower prices, but we need to take a close look at how the price will behave around 1M ATH Close price @ 61.375$. If we are able to blast through it, my next expected target would be 58.500$." - comes to fruition once again. Extra 5% in the bag for those who stuck...
Hello Traders, Checkout the quick update on Bitcoin , Ethereum and BTC.D. Exactly reversed from the zone we have mentioned in our yesterday's video
In this video, I'll be discussing a recent short position I took on BTCUSD (Bitcoin) using my reliable RSAI Blueprint strategy. This trade yielded an impressive 17% gain, demonstrating the consistent profitability of my approach. I'll guide you through the analysis and execution of this trade, highlighting the crucial indicators and market dynamics that...
Bitcoin will go a little lower until next week, then start to rocket again since USDJPY will be capitulating and that will force inflation to resurface. Inflation also means excess liquidity which is what bitcoin is, and is highly correlated to the nasdaq. I give it till summer when the BOJ pulls the plug and the FED is forced to hike rates again. This will force...
hello dear trader and investor CRYPTOCAP:BTC is currently at $61k Sitting at the lower end of its range If you haven't noticed It has been trading within a range for a while now This is known as consolidation. The top of this range is FWB:73K While the bottom is $60k my price action on this chart say : bitcoin retest supourt area and now ready for next...
Hello, dear friends! Bitcoin has started to decline in price, even though other markets are showing solid growth. What do you think is causing this to happen? Here are some possible reasons: 1. Macroeconomic Factors 🔴Inflation and Interest Rates: Increases in interest rates or changes in inflation expectations can reduce interest in high-risk assets like...
Hello everyone, Looks like our trade was delivered even though it took longer than was expected. So everyone who took the same trade, congrats on your profits! Aswell, I would point out How after I called for a lower price we went lower by around 1.85%, and How after that we visited the price I expected that is possible to reach for a great Short entry around...
Bitcoin prices fell Monday as nearly $500 million in positions were liquidated: Long positions took the majority of the losses. Deutsche Telekom, parent company of T-Mobile, to join Bitcoin mining sector: The move could enhance network security but also increase competition among miners. Consensys says SEC has ended its Ethereum 2.0 investigation: The...
Hello everyone, this is my Close timeframe Short. Right now we sit at 65.250$ but I expect price to go Lower. My target is around 61.5k$ for now. If we are able to break lower "right now" I would expect to arrive at that price relatively quickly (in the next 24 to 56 hours), but I still see that there is potential to re-visit 66.500$ before this move can start....
Hello Traders, Bitcoin is taking support in our given zone from last few days. Also today it took support of EMA 100 (Daily TF). Checkout the latest update in this video
last night the BTC broke the area of validation.Breaking such a strong trend line indicates that the marker will be fallen to a nother demand.so we will able to buy at around first demand around area 67000 then we have to see the reaction around that area .If its a corrective one we will sell again in premium, if it rejects hard, we will buy btc at cheap...