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Bitusdt

BIT- is converging and expected targetsBYBIT:BITUSDT 4H trend chart - BIT is squeezing in a triangle, and our resistance is the downtrend line. On the other hand, price is getting support from the uptrend line. So, if BIT can overcome the downtrend line, we can do long with strategy as below. - Profit Targets: a) 1.662----Fib(1) b) 1.731~1.785----Fib(1.272~1.382) c) 1.914----Fib(2) Stop losses: a) Set is at the lowest point of this triangle - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
BLong
by EthanTW
BIT, price is going to break this supportBIT is in a trading range between the $1.75 and $2.1 levels. Many participants are accumulating their positions in this area. And most of the stop losses are below this zone. Big players can adjust the price below this zone and collect liquidity below it. On the chart, it is worth highlighting the trend line, which acts as support. If the trend line breaks, there could be a good opportunity to sell. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
BShort
by Yuriy_Bishko
7
BIT - Buying timing with good R/R ratioBYBIT:BITUSDT 1H trend chart - BIT is going to break out the long-term downtrend line. If price can take the line out or wait it to stand above 1.885(Fib 0.618), we can have a great risk-reward ratio with trading strategy as below. - Profit Targets: a) 1.945----Blue horizontal ray b) 2.078----Fib(1) c) 2.215~2.271----Fib(1.272~1.382) d) 2.389----Fib(1.618) Stop losses: a) 1.797-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
BLong
by EthanTW
1
Bitcoin Price Heading Into A Secondary Test of 42.000$What the chart above illustrates is a repeat of the wave construction that previously led to the sharp sell-off in Bitcoin (BTC). Let's go through the sequence of events together in a nutshell: (1) Bitcoin price forms a first upward wave that fails just before the short-term resistance band and forms another trough (2) (3) The second upward wave fails again at the resistance band and the rebound pushes BTC to a slight buying interest for the first time, which is shown by a small increase in volume (K). The result is a very small accumulation phase (4) (5) The Bitcoin price goes through a short distribution phase and is sold off steeply again. The result of this sequence of events could lead to a secondary test of the previous low at just above $42,000. That is, of course, if the events will repeat.
COINBASE:BTCUSDShort
by MisterCoinlover
4
BITUSDT - nice Entry timingBYBIT:BITUSDT 1H trend chart - BIT has broken out the downtrend line which is formed since Nov 21st And it retested it so far on 1H time frame. If price doesn't show a fall immediately, trading strategy as below. - Profit Targets: a) 2.435----Fib(1) b) 2.49~2.512----Fib(1.272~1.382) c) 2.56----Fib(1.618) d) 2.637----Fib(2) Stop losses: a) 2.353-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
BLong
by EthanTW
1
BIT - Coin that will give you x10 🚀🚀In this idea we would like to share with you a coin that has a potential of more than 1000%. The name of this coin is BIT. One of the top exchanges BYBIT is one of the biggest holders of this coin and is now starting to use it on its platform to participate in various programs, for example - lunchpad, you need to be a BIT coin holder to participate in this program. In order to understand the potential of this coin, we would like to take as an example a coin from the most famous binance exchange, in the last year and a half BNB has grown from $10 to $600 per coin. Therefore, it is worth to pay attention to it. From the technical analysis side, the price collected liquidity below the support zone and now trying to break the trend line, this is a good signal for growth, and in the near future the price might reach the levels of 2.8$ - 3$ - 3.5$. Personally, we keep this coin on the spot and our medium term target is $10 - $20.
BLong
by AlexWhale
1
BIT - a coin with x10 potential 🤯We recently covered the BIT coin on our platforms. A coin that the ByBit exchange uses to participate in its launchpad and types of services. In a nutshell, it's a counterpart to Binance Coin. A very promising coin, we have high expectations for it. Looking from the technical analysis side, the price is now near a support level. The first time the price tested this level as support, there was a good buying opportunity and there was a 25% increase. Now the price is testing this level again and it is impossible to say with high probability that this level will hold. If the big players got enough liquidity, the price could reach the target marked above. If the support fails to hold, the next area where the price can come to is the area marked below. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
B
by Yuriy_Bishko
10