Btc-usdt
🔥 Bitcoin Finally Breaking Out After Months Of Selling?BTC has been trading inside a bearish channel since we topped out at the start of April. Effectively, nothing interesting has happened for 2 months.
As of today, BTC is yet again testing the top resistance of the channel. This signal assumes that we're going to break out of said channel, making it a bull-flag break out. Please be patient for the break out to confirm!
With many alts trading around their 2023 lows, there's a lot of upside to be had in the alts, but for now we're looking at BTC.
Stop below the most recent swing low. Target placed at the 2023 highs.
BTCUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for BTCUSDT.1D
We are in the daily time frame. As you can see, the price is completing the cup pattern. And we have two scenarios in mind.
First scenario: If the price can stabilize above its first resistance line and break its strong resistance zone, we can say that the price can start an upward rally.
Second scenario: If the price is weak after hitting the resistance line and cannot move above the resistance line, we can experience a price correction because the price has tried and failed to break this area several times. But there is a possibility of breaking this area and it is not far from imagination
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
BTCUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for BTCUSDT.1D
We are in the daily time frame. As you can see, the price is fluctuating in a downward channel and we can compare it to the flag pattern and currently the price is approaching its first resistance line and we have 2 scenarios in mind.
The first theory: if the price can stabilize above the first resistance line and break the first resistance zone upwards, we expect the price to increase.
Second scenario: But if the price hits the resistance line and cannot stabilize above the resistance line and we observe the weakness in the trend, we can expect a fall to the support areas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
BTCUSDT.1WHello dear friends,
*Mars Signals Team wishes you high profits*
This is a weekly timeframe analysis for BTCUSDT.1W
We are in the weekly time frame. As you can see, the price is recovering in the daily time frame. But currently, we are fluctuating in a downward trend and we can be in a bullish flag pattern. And if the price penetrates and stabilizes below the $25,400 support line, we are considering a drop to lower numbers. And if he can break our resistance line and stabilize above it, we expect to climb to the second resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
BTCUSDT Historical analysis Excuse me!
It is not known what will happen with this current BTC situation. Nobody knows. BUT...
Here is a chart that shows what I mean.
The upper part is BTCUSDT October-November 2019. while the lower one is today, i.e. 2023.
Did you notice the similarity? Historically similar. It is not possible to conclude from these that this is how the exchange rate will develop, but it is possible to draw a conclusion that it will be similar.
Please write your opinion about this. If you like it, I will make similar analyses.
R3ncso
BTCUSDTHello dear friends,
*Mars Signals Team wishes you high profits*
This is a time frame analysis for BTC USDT.4H
We are in the time frame of 4 hours. At the moment, the set price starts to move a little above our resistance line and we expect to advance towards our first resistance line. We have made a safe buy point for you, dear friends. We can hope that the price will start moving after touching the support zone of our guide pattern.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
30/05/23 Weekly outlookLast weeks high: $28225.6
Last weeks low: $27040.8
Midpoint: $25856.0
A little late due to bank holiday. BTC did go on a weekend rally to close strong near 28K. We've seen this happen before and usually the following week most of the gains get roundtripped back down, in this case targeting around 26K.
Tomorrow is the end of the month, currently we have our first red month in 2023. Could this be a correction from from a rally since the start of this year around the 16K mark, BTC's value has doubled since then so a correction makes sense even though we have been chopping for what seems like a long time.
LTCUSD → Breakthrough of two-year resistanceLTCUSDT forms a resistance breakout after a small false breakout. The coin does not fall much after FB, forms a retest and breaks the line.
Bulls are trying to take control of the situation and so far everything is working out successfully.
A strong support line of 91.23 is being formed. If the bulls can hold this area, then Litecoin will show us an excellent growth towards the resistance of the ascending channel.
The fundamental component for LTC is quite good, the network is constantly being updated and activity has been increasing in this network lately.
A global triangle is forming on the chart, the price tends to test the resistance of the set-up. A slight pullback is possible, but in the medium term I expect a breakthrough of the upper limit.
Moving averages act as support.
Strong support: 91.23, previously broken resistance line and 83.66
Strong resistance: 95.00, 102.53
I expect the growth to continue after the resistance is broken. LTC in the market feels a certain confidence that can allow the price to get stronger.
Sincerely, R. Linda!
#Btc | #UsdtHey everyone
In the previous analysis, we identified several resistances and supports
All of which went according to our analysis
Bitcoin has not yet been able to break down the key area that we have identified
And now the price is in a triangle, the triangle breaking in any direction can be the direction of the market
So you have to wait until the triangle breaks and the market takes direction