BTC/USDT 4H Interval Chart Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see how the price is moving in a downtrend channel, and currently we can see how the price has moved upwards from it.
Let's start by setting goals for the near future, which include:
T1 = $58674
T2 = $60394
T3 = $62412
T4 = $65143
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $55,105
SL2 = $53,217
SL3 = $50,380
And
SL4 = $48,219
Looking at the RSI indicator, we can see that we are high on the 4-hour interval, which may slow down the upward movement or try to recover.
Brcusdt
💼BTC: WILL THIS BE THE START BOTTOM THAT CAN BRING BTC TO 24KBTC seems on a very important trend and it can be the start of a new increase range.
As we did say before, we expect that this is the start of Bullrun 2022.
There is a high chance that we are now at the BOTTOM OF the BTC low time frame
But as you know it will stay BTC and there is no guarantee for any trend now and not in the future.
💎We check it from the trading side with technical data and tools.
Let's see if BTC will hold this price action as BOTTOM and if we are going to enter above 21K in the short term.
Ver important trading algorithmic trend shows we start a new range for an uptrend ( this algorithmic always used with other private data out of chart expecting)
This is our view, and not trading advice.
CAN BTC GO TO 46K LEVEL?Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC is making this bullish pennant pattern if it breaks upside then I can expect to bounce up to 46k level. let’s see how it goes
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
#BTCUSDT where will the price go next?Hi friends!
Today everyone is interested in the question, where will the price of Bitcoin go next?
Despite the fact that yesterday Bitcoin fell by 15%, at the moment I still see the potential for the price to move up.
And there are several reasons for this:
1) The global economy is under great stress due to the uncertainty over the US elections.
2) About $ 9 trillion printed in the US in 2020, which is 22% of all debt dollars printed for all time.
3) Now according to the schedule: after yesterday's fall, Bitcoin began to immediately buy back, at the moment, the third part of yesterday's fall has been bought,
this means that the market is still dominated by longists, and yesterday's fall was for additional purchases before the next upward hike.
Above 33600 May get further growth.
Below 30300 I will sell!