Bitcoin is still in an upward trend and if it wants to act according to the daily trend, there is a possibility of an increase from this range, considering that Bitcoin is in a suffering trend in the 4-hour period, the possibility of this trend breaking from above is far from expected. It won't be, but any early entry may lead to losses. Support ranges are...
Overnight, multiple news media reported that according to Brian Armstrong, Coinbase's CEO, the Security Exchange Commission (SEC) advised the platform to halt trading in all cryptocurrencies except for Bitcoin before initiating a lawsuit against the company. The lawsuit, filed last month, accuses Coinbase of failing to comply with the current regulation that...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for BTC. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
This is a break-through analysis on Bitcoin (BTCUSD) on the 1W time-frame that we posted a while ago but couldn't look more relevant today and can accurately explain the low consolidation of the last few weeks. It compares the current Cycle with that of 2014 - 2017. ** Amazing Cycle symmetry justifies current consolidation ** As you see there is so far an...
Morning folks, So, based on BTC performance we do not see any reasons to change our view and we still keep the scenario with 28-28.5K target. BTC absolutely doesn't support main market stream, based on recent "positive" statistics of GDP, PCE, CPI etc. This is indirect sign of weakness. Here, on the chart we put the butterfly, but actually this is just one of...
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hello guys... let's look at that what happen to btc before, this coin made a double bottom pattern and touched the target of this pattern very well, and at the same time, the price hunt the DP! so we can consider another upward movement! now this coin made a Quasimodo pattern so if the price retraces to the upper blue area we can enter to a long position. the...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ I decided to re-enter the scalp-short 20% of the deposit. Technical: the price has come out of the "bullish wedge" which may give a slight rebound to $29,850-30,000. I'll put a limit order in case of a squeeze. Deal plan: ▪️Entrance -...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D. The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from...
After a big correction in price and time, it can gradually become ready for growth in the short and long term check
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Previously the priceline moved slightly down than buying zone, however, recovered soon and pumped almost 25%. Now on 4-hr frame, BTC has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify...
Price structure on the short term is bearish while the broader price structure continues to be bullish. Sound confusing? Traders who fixate on smaller time frames are often blind to the probabilities and potential that is present on larger time frames. This is what usually leads to many to getting caught on the wrong side, and in this case, the wrong side is...
Typical weekend scam pump? Looks to be hitting trendline resistance. Unless you get some sort of confirmed breakout above I wouldn't be getting into longs based on this early green this morning. Though I would LOVE to be proven WRONG and have this take off as i have plenty enough longs myself on proxy plays to make it great. I just don't see this really going...
At present, Bitcoin has shown a lack of strength to break past the resistance level of $29,567. This struggle could likely lead to a downward correction to the $29,000 range, testing the established support level. The market's reaction to this level could be a critical determinant for Bitcoin's next move. A strong positive response could potentially trigger a...
Several bullish patterns! Slowly showing what patterns are in play here. Difficult to trade if you are new, but starting to make sense for someone who has been trading for several years. This will likely rip up as previously stated. That Batman pattern is not my imagination but an actual pattern traders use It is similar to a Head and Shoulders pattern except that...
Please like and follow if you enjoy this analysis. As the title suggests, I've found another indicator which confirms my idea that the bear market is over and that BTC will not make new lows. As seen on the chart, the time between the bear market bottom and the halving appears to be 75/76 weeks. This was the case for both the 2015 and 2018 bottoms. Amazingly...
Bitcoin has managed to form a Descending Channel after breaking the 🟢 support zone($29,850-$29,480) 🟢. Over the past two days, Bitcoin has been completing a pullback to the broken 🟢support zone($29,850-$29,480)🟢. Bitcoin is currently near the upper line of the descending channel . 🔔I expect Bitcoin to continue its downward trend in the next few hours . ...
Seems Like Getting Ready For Massive Recovery Formed Falling Wedge In Daily Tf & Expecting Breakout Incase Of Breakout expecting 50 to 60% Bullish Move keep Eyes On Breakout For Good Entry