Involved with the resistance zone It looks like it can be a pullback It has no climbing power
BTC/USDT Binance 1H Hollow Candlesticks Since the price broke the parallel ascending channel, we saw a rise of around 40%. Currently, the Support level is predicted by the extension of the golden ratio of a Fibonacci Retracement and the Resistance level is at 38K. Also, an ascending triangle has been formed, where the rule says that since the price entered...
BTC looking juicy today. I'm looking for short BTC. let's see what happened next
The price will likely go around 28620 to test the nearest resistance because of the following reasons: RSI Currently, the price is at 37 on RSI so will definitely go to 70 and above thus the price will go upside. Parallel Ascending Channel Price is moving in a channel and currently at the support of this channel. we can see a bounce back from this level to the...
If the RSI indicator breaks the upward trend line, a downside is waiting for Bitcoin (red circle). The possibility of breaking this trend line is intensified by the matrix indicator(orange circle).
📊 The chart has formed a bearish trend and reached a relatively strong support of $21,400 📉 According to the signs of the matrix series indicator, we will have a small decline to around 21000 📈 But in general, the declines will be limited because we have reached the oversold area and the chart is doomed to grow, and we are also below the moving average, which...
Is there a pattern of two valleys or two rising peaks? If this pattern is created, there will be an incredible growth for Bitcoin! The matrix indicator is also giving signs of an increase, which will intensify the creation of this pattern for me
#BTC update As I mentioned yesterday that BTC needs to cross 42200 and hold it otherwise it can re-test at 40600 so it re-tested at 40800 by yesterday. Today on 21.04.2022, BTC is holding support of 41200 and 40800, and currently, it is ragging a kind of vertical wedge. Again I will say that #BTC needs to cross 42200 and need to hold it otherwise it can go...
Hey guys, BTC 4h chart, a little more zoomed in so you guys can see what we can look to expect over the next couple of days. This is just an IDEA I am playing with based off MM's and Price Manipulation. We are currently in a range, and MM will be looking to get people to open shorts and longs within this range before doing a STOP HUNT/LIQUIDITY GRAB and then...
As i mentioned in this mornings' video, the 49.500 Resistance and neckline of the 'W' pattern (Green) on the smaller time-frames, is proving to be a challenge for the bulls. This has been a solid support/resistance area for qite some time now. In addition we just broke down from this wedge (Orange) on the 1h and now we need to see if we are going to be able to...
bitcoin 1 H time frame is in correction wait for the 14 dec to buy on 44200 $ resistance is 49700 $. LOOK FOR 6TH January !!!!
it seams we have a bottom on 55.853$ we close over 57.856$ and w r going to see 61.982$ also we have double-bottom on 55.853$ also forming a descending triangle close above 57.856$ = breakout trend-line + descending triangle and fibo 0.618 seems to be a good setup