Bitcoinusdt
BTCUSDT , We need pullback because of ...Hello everybody
We backed with another analysis of Bitcoin
In some different view of technical we should have pullback to have a strenght to go up and continue the trend :
1st : From the elliotwave view we were made 12345 wave to made breakwave and at this time we should have abc for correction
2nd : In price action view , we made this breakwave with powerful candles without any correction and in this time the wave like this have correction suddenly without any alert
3rd : In different view of price action , thre trendline was broken and it reinforce that we should have pullback
Previous analysis :
Be conscious guys and dont trade with your emotional without any strategy
Do it correct and go to GOD
Good Luck
Abtin
BTC Buy the previous support.Bitcoin - Intraday - We look to Buy at 64202 (stop at 63346)
Daily signals are bullish.
Prices have reacted from 60100.
Short term bias is bullish.
Previous resistance at 64000 now becomes support.
We look for a temporary move lower.
We look to buy dips.
Our profit targets will be 66628 and 67528
Resistance: 66500 / 67000 / 68000
Support: 65000 / 64000 / 63000
BTC looking bullish, targeting $86766 based on my TA on the monthly chart. BTC is currently in the third wave. the third wave is often the longest. but if we assumed that wave 3 will equal wave 1's length then my target would be $86766 and giving that wave one took almost 7 months to form, we might see a similar time line for wave 3.
Having said that, I'm really bullish on BTC
Bitcoin bullish pennantBitcoin has formed a nice bull pennat in a 4-hour time frame. In case of a successful breakout, the price target is at around 72K. But it depends on where the breakout will happen - if at all. I observe this idea and wait for a successful breakout and then confirmation of the breakout.
BTC Sell the resistance.Bitcoin - Intraday - We look to Sell at 62323 (stop at 63261)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Preferred trade is to sell into rallies.
The trend of higher intraday lows has also been broken.
Trading has been mixed and volatile.
The trend of lower highs is located at 62500.
Our profit targets will be 59525 and 58625
Resistance: 62000 / 63000 / 63800
Support: 60000 / 59500 / 58000
BTC Sell a break setup.Bitcoin - Intraday - We look to Sell a break of 60987 (stop at 61878)
Trend line support is located at 61300.
A break of bespoke support at 61000, and the move lower is already underway.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A bearish Head and Shoulders has formed.
Our profit targets will be 58428 and 57428
Resistance: 63000 / 64900 / 67000
Support: 61800 / 61000 / 59500
(BTC) - AS SIMPLE AS THAT -Hello everyone !
Today the Black Cat Trader is analyzing BITCOIN based on a weekly chart 📈
What we can see :
- Prices took support on the 0.5 fib level during the last sell-off back in May 2021.
- Then, bounce to the 0.236 and rejected by this Fib extension which coincides with the median line of the pitchfork too..
- Finally, prices took support on the 0.382 to reach the level 0, which coincides with the intermediary upper line of the pitchfork too...
What we can expect :
- Bitcoin could take support on the median line of the pitchfork to reach the last upper line (coincidence with the 1.618 fib level too). Then, if Bitcoin breaks the last upper line of the pitchfork, the first target is 2,618 (102 811 $)
Resistance 1 : pitchfork intermediary upper line
Resistance 2 : pitchfork upper line
Support 1 : pitchfork median line
Support 2 : 0,236 fib level (50321 $)
——
TP1 : 126 956 $ ( 3.618 + 1.618 )
TP2 : 151 101 $ (fib 4.618)
TP3 : 188 605 $ (fib 2.618)
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
BTC: resistance has become supportYesterday BTC breakout the bull flag. And today we saw a small drop all the way to around 60K. We can see in the chart that previous resistance has become support. As long as it stays that way, everything will be fine. To be completely sure in this trade I want the price to exceed the previous high. That would be a confirmation of a successful breakout for me.
Bitcoin bull flag In my opinion Bitcoin is forming a bull flag. This is a bullish pattern. As with any price pattern, bull flags aren't guaranteed to brekaout as expected. But if BTC successfully breakout this bull flag, then the price target is around 85K! But in my opinion we can see before the breakout that BTC comes all the way to 56K, bounces off the support line and then breaks the bull flag. We'll see .
Bulls vs BearsHello cryptofolks
It's an eternal fight between Bulls and Bears
Who will win at the end?
We will discover it only by time
Here to potential Channel for Bitcoin bulls and bears
Bulls target is pushing price up to $73k lvl
Bears target is pulling down to $51k
I'm still bullish what about you?
DYOR (means don't use other people Ideas as oracle)
Goodluck
BTC Stochastic RSI Looking GOOD!As you can see on the daily charts BTC is currently oversold as it has found support and relief around the $58k-$59k range. Apparently, investors wanted to get a little more DIGITAL PLATINUM for less than $60k before continuing on. Pull backs will continue to occur periodically as the real Bull run finally commences.