Hey traders, in this week we are monitoring BTCUSDT for a selling opportunity around 39k zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Today we will analyze bitcoin from the side of technical analysis and from the side of our trading systems. The left chart shows our "Renaissance" trading system. As you can see, the system works very well. For the last trades, the strategy brought us (+29%, +0.22%, +29%, -5.8%). This strategy almost at the very top of the market showed an exit and for two...
What is happening on the bitcoin chart? Before the last drop, we see that the price broke through the global trend line, and liquidity gathered to sell. After that there was a strong correction to $33,000. Now the price is in a local range. Liquidity on sale and purchase was also collected in it. At the moment the price is approaching the resistance area, and...
Here is my view on BTC... i will be looking to sell BTC on the areas of interest noted in the video. Please lookout for reversal price patterns before selling this asset
Let's look at the global picture on the Bitcoin chart. We will analyze several price movement scenarios and tell you what exactly to do in each of them. Bitcoin has been in the $60,000 to $30,000 trading range for 400 days. The price is slowly moving in a downtrend. Bitcoin has fallen below the middle of the $42,000 range. And this is not a very positive signal....
Let's see how BTC is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price consolidates in a sideways channel and gathers buy volumes. The resistance area is strong so be careful. Support levels: $36800 - $35500 Resistance Area: $38000 - $39000 Bollinger Bands can work as support and resistance too. Here is an example: ...
Bitcoin bullish short term idea. Fibo points are totally safe and i suppose to rising.
After a decent run-up over the last couple of days, ETH has seemingly bounced from the ~$2600 resistance. If this bearish move gains traction, I'm seeing ETH drop all the way towards the most recent low. Happy trading!
thank you guys for your support, i just want to say that their will be more and more ideas and updates in the upcoming days ! so don't forget to follow us ! Have a great day !!
After this clear break & retest, BTC should be going up from here. What do you guys think?!
There is a high chance that when BTC gets above 40k it will get above 52k. If you were planning on buying btc in the 40k-47k range--buying near here is a lot safer. BTC sprung from weekly support. Could go sideways/up for a while from here. 28k-33k is a huge buy zone for a lot of people.
BTC Dump to a limited of 43K - 38K & Fast return & New #ATH According to the yellowed environments in the chart, we have specified that this has already happened at the same price, and on the other hand, a very clear RSI shows that it is marked on the chart. According to the purple trend line in the daily time frame, bitcoin is in its ascending state and only...
BITCOIN can breakout the resistance $40k just waait to climb
KCS is one of the few tokens which has succeeded into printing consecutive higher lows since the liquidation cascade of January 22nd. As seen on the chart, there's a clear dynamic support which causes continuous bounces. I'm expecting the price to pull back towards the trend line in the coming days. In that case, it would be a very decent short term trade. This...
This much I know is true. What is it? This is the BTCUSD weekly chart from the Bitstamp exchange + RSI Indicator. What does it show? The price crossing below current cycle support trendline always coincides with the RSI being oversold (<30). These both indicate a new market cycle has begun. The price has not yet crossed through so a new market cycle...
From what we can see btc just hit a key supply with a high volume area within in. This zone broke structure previously when BTC was uptrending in a channel and hence why it is acting as a key zone for me. We can see btc fall into 36970 as one of our close targets, followed by 36000, and potentially into 34700. The TSI from a 30min perspective also gives a short signal.
The #Bitcoin daily RSI is the lowest since the Black Thursday, March 2020!
Hello everyone, There is not much to say here. In my previous idea, I highlighted how BTC has started a clear intermediate beartrend and I was expecting a break of 42k to reach 35-36k. That's happened. Now what I am eyeing although we saw an increase in volume at this level with a spring at 33k it looks like bulls are not following through and bears are clearly...