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Btc-analysis
Btc analysis - 4HMany Rising and Falling wedges can be seen in the Bitcoin chart,
and according to the support and resistance, the following price trend for Bitcoin can be analyzed.
1- Rising wedge
2- Falling wedge
3- Support & Resistance
4- Fib Retracement
low price : 13530
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Bitcoin Scalp Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point.
📉 SHORT - BTC : $20,200 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal; having a possibility of the Min. Profit Target being hit with a fast spike under 2 hours. Then we see a maximum duration of 12 hours .
BTC Analysis 📊 25/8/2022Whats Up Retail Whales 🐋
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BTC/USDT
25/8/2022
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Bitcoin support and resistance year based vwap levelsBitcoin was for last weeks at best buying area based on puell multiple for accumulating. Showing at chart best price levels based on average weight volume of current year which will act as support and resistance(targets).Fundamentals still to come for high impact will be july 27th so take precautions for that date when fed will announce bank interest rate, investors already expecting 100 basic points.
#analysis 21 - Key levels are still untouchedAfter a small dumping on Sunday, now the key levels are still untapped. Will wait for the price touching the areas of around 18.6k, or even 17.6k, and see how it goes.
If it left the lower lines untapped, I think it's going to consolidate at about 21.8k and get down.
Let's see.
Btc potential moveif btc close below 19k this weekend, i can sey the next week will be historical.
there are to supports waiting for the btc fist one is between 18k-16900 , and the second is between 13900 and 11800.
Not forgetting what is going on in the global economy, the Federal Reserve continues to raise interest rates, which will cause investors to sell their positions in riskier assets ( crypto , stocks) and lead to a significant drop in these markets.
These investors will prefer to put their money into bonds that the federal government will print at higher yields.
that is my personal opinion.
Aproaching the bottom of a major 40M nominal wave in BTCWe are moving closer to the expected bottom of 3rd harmonic (13M) of the major 40M wave.
Although we have seen some bounce, we seem to have already broken Valid Trend Line for a short 5W and 10W waves, the VTL of longer bands like 20W and 40W wave have not been broken yet. We will be looking forward to have both 20W and 40W Valid Trend Lines broken - the confirmation that the bottom of those two waves have passed.
That will let us assume that the major 13M/40M bottom is already behind.
Our target price is 11-13k USD coming 10th of August.
BTC / ETH / SOL / ADA - needs supportprevious video
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BTC next targetYes as I mentioned before 34200 was a strong resistance but unfortunately it was broken. Following this, retest was done successfully and it is clear from pic that next target is 29k. I think we will go to exactly 29-30k surely but I hope it will bounce after it, otherwise I don't want to think that scenario because 29k is a support for about 2 years and it should work. Let's see what happens.
BTCUSD Rising Wedge Pattern Formation 1hr Timeframe.BTC Appears to have fully formed a rising wedge on the current downtrend in the 1hr timeframe, and from knowledge of chart patterns ad price action, it is obvious that a rising wedge on a downtrend is a trend continuation pattern.
This downtrend would be met with a previous zone of support at the 42,400 regions. This could lead to a bounce to the top side, following a trend to the topside before meeting resistance at a previous support level at 44,391. If this resistance fails to hold, we could witness higher highs.