Hey friends, $BTC hodl EMA21 support for bullish momentum. Expecting reverse here (41.6 - 42.2) Enjoying trading and hope you have a best trading day.
Bitcoin is currently in the short term ranging between 45600 and 42000. There’s a very short term support level in between that at around 42500. Price is attempting to form a cup w/ handle pattern which could explain the current drop down toward the 42500 level as weak holders are shaken out. A return to upward movement would create an early entry for traders...
Today we will conduct a local and global analysis of bitcoin. Globally, there are several situations that can be highlighted. On January 13, there was a false break of $44,330 and then we saw a strong drop of 25%. After that fall, the price returned to previous price levels. On the 10th of February, the price tested a huge value area after which there was a...
The market gives us this early signals that the price action will retrace anytime soon. I'm expecting this because we saw an massive upward move recently and in order to sustain the new trend, the price must correct and build a healthy market trend. My bullish sentiment will be completed when the price fall down to it's gap, that gap must be filled to correct the...
Hello dear friends Well, my friends, in response to my question, I shared my idea with you. I hope you find it useful. some notes: 1. Today, I saw in many analyzes that we were talking about the reverse pattern of the head and shoulders. I had talked about it in the analysis two days ago. And now I think this model can not work due to the serious resistance of...
Btc consolidating from long time and waiting for the neckline to break. Be patient, wait for bullish breakout, before making a move.
I was expecting a push more aggressive above 44k last week but after watching price and studying the history to the left i have bearish edges formed at this level being that price didn't make a aggressive break past 44k. The rally we had away from 33k only went above the structure high that formed the low to sweep buy stops and filled a imbalance tapping into...
Based off my market structure and price action background in Forex, price is telling me that we may retest the highs at 45,700 in the next few days. Reasons listed on chart
On this analysis we are taking a simple look at the daily chart that is looking great. Been a while since we said that but it does. Notable aspects: - We have an inversed H&S pattern that is pretty well defined and the price is now trying to break the neckline - Support is getting stronger at the $42.000 area - The Kumo cloud is breakable and will also offer...
I told you yesterday that btc would fall and it did Not get in fomo you said pump it then I said dump it
btcusd if it can break the box it will go up and complete flag pattern
BTC's price continues to sit above the trendline (in dotted lines) and so long this holds, there is no reason to believe the price will fall much lower than $34k. As such, the first big test for BTC is to move above $45k. So far it seems the price is not very keen to go higher, but this can quickly change if we have a breakout. Volume was good yesterday, but...
Hey my friends. Wanted to give you a big perspective on the daily time frame, of what is happening to BTC Price. We are currently entangled between the 50EMA and the 200EMA. Price is not doing much these days, so, what are the possibel perspectives for the future!
Several key points can be highlighted on the Bitcoin chart. The first is that the price is in a big value area. The second is that the price has broken through the bullish pattern of a falling wedge upwards. Also, that the price has tested the liquidity zone. With all of that, the price broke through the key level of $42,840 and continues its upward movement....
Hello, everyone! As you know I opened my last long BTC position at $41940 and now I am trying to anticipate when we can take profit. I have already set my stop loss to the zero loss level. If we take a look at the last downside impulse we can see that the price corrected exactly to the 0.38 Fib level. I suppose that we can see the 0.5 and 0.61 Fib levels ($49600...
I like DOT to make a run here, everything is looking ripe for one. Check out some of my other idea's, I will keep updating this one.
Looks like BTC forms fairly strong trendlines on the daily RSI. Once it breaks out price usually rips. It's not perfect but it may help avoid the chop.
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