Bitcoin (BTCUSD) has already started to break-out last week as it closed the first 1W candle with a Lower High in 6 months. Since the August 05 bottom, we've been seeing a strong bullish build up on BTC and the reason may be simpler than you thought. As this 1W chart shows, historically when the USDCNY pair (red trend-line) tops by forming Lower Highs and starts...
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Bitcoin/USD Analysis Update 🪙📉 In our previous outlook, we emphasized the importance of waiting for a clear directional move. Today, we witnessed a breakdown of the bullish trendline that had been holding for the last 24 days, signaling a potential start of a larger bearish structure. I took advantage of the initial breakdown with a quick short trade and am now...
As you can see, BTC has created an ascending head and shoulders and , which has just been broken in the 4-hour time frame and this means that the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 60k . Stay tuned for more updates, thanks BTC From a different point of view !!! Previous Analysis
Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first... First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted. In this case, the breakout of point #7 was fulfilled, and this is the...
We did not get the bullish engulfing we wanted on the Monthly Closing, but the bullish uptrend still remains in tact nonetheless. CRYPTOCAP:BTC needs to hold ~60k to keep momentum.
BTC seems like it is following this daily downtrend channel, and seems to be reversing from the top of the channel. All the timeframes (Daily, 4H, 1H, and 15 Min) are screaming downtrend. We saw that it retested the downtrend resistance at 61125 level and looks like it might retest it. We have 5 minutes left in 4H timeframe so will need to wait for it to...
gm update on this idea for BTC: BTC at a small trendline and bullish divergence appears to be forming so i think this could be wave 4 of wave 3 ending, then wave 5 up to around the 68,500 level
Just enough to flush the dreamers out, and then run it up in Classic Bitcoin style.
- History tends to repeat itself. - The maximum could reach around 250k. - The minimum could drop to about 40k. - Remember, the longer it takes, the higher we could go. - The graphic is straightforward as usual; just track "colors", "bubbles" and "trends." - Keep in mind, while the future is uncertain, we can still speculate. Happy Tr4Ding
Hi everybody. If you want to directly invest in BTC its not a time. Market have more then 150K BTC to sell in near weeks. Bears target is X-Lines 1W level - 47800 and maybe 45000. So my opinion - falling. Have a nice trading day and short your bitcoins ;)
In this video, I analyze the current Bitcoin market structure with a focus on the bullish trend forming on the weekly chart. I discuss the importance of the upcoming weekly close and explain why it plays a critical role in determining Bitcoin's future direction. You'll get insights into the key levels to watch and how this close could impact the overall market...
Hi folks today I'm prepared for you Bitcoin analytics. Some days ago, the price rose to support 1, which coincided with the support zone, broke it, and even rose a little more. But soon it turned around and started to decline inside the downward channel, where it broke support 1 again and fell to support 2. Soon, BTC broke this level too and dropped to the trend...
Traders, In this video: 00:00 - Housekeeping. Thank you all for the polling responses. Greatly appreciated and helps determine site direction tremendously. Quite a few site changes have already been implemented. I will discuss these as well as added new features, services, and what my new indicator system is showing us. 00:08 - The weekly technical analysis...
hello guys. let's dive into btc analysis after the previous analysis: Broken wedge pattern: The chart shows a clear breakout from a descending wedge, a bullish reversal signal, indicating a potential trend shift. Upward channel: After the breakout, Bitcoin has been moving within an ascending channel, which provides a strong bullish structure for price...
I`ll take long at 62400 or 60 500 key zone Bitcoin did big rise and price need to take SL of retails before GO on best area for a new trade is at - range low $62400 or - Anchor vWAP 60 500 area in both cases best confirmation would be SL hunt or big trap
Altcoins have been steadily losing value against BTC ever since the March top. However, TOTAL3 (total marketcap minus BTC+ETH marketcap) has finally broken out of a 6-month bearish channel pattern, making it a successful bull-flag break out. It's too early to call for a definitive continuation of the trend, but at least a major long-term pattern has changed as of...
Bitcoin is moving in the Resistance zone($64,140-$63,820) near 200_SMA(Daily) , and it seems that Bitcoin failed to break 200_SMA(Daily) for the second time . According to the Elliott wave theory in the 15-minute time frame , Bitcoin seems to have finished main wave 3 ( extended wave ) and is completing main wave 4 . One of the signs is the...