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Btc_usd

♦️#BTC weekly close ♦️#BTC weekly close in just an matter of an hour here. Close above $30000US will be bulllish in the immediate short term for next coming days volatility to the upside chasing resistances at ranges 34_37k dollars US. 13 hours ago BTC on the other hand playing below the significant support level 30k regaining the support and flipping it can change the game here on the short term. As there is bullish divergence on RSI and MACD also BTC getting above 20MA will be a bullish signal targeting the 34-37k ranges which are resistance above. Do keep in mind we are still in a bear market and these bullish divergences can be negated if Bitcoin breaks further down.
by UnknownUnicorn39416474
#BTC/USDT 4HOUR UPDATE !!Hello, dear traders welcome you to this BTC /USDT 4Hr chart analysis. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT ANALYSIS BTC /usdt bounce for the green zone and hold this price level of $28k and MA is acting as resistance. The MACD crossover is showing bullish momentum. We can expect further consolidation in the current range until we see a sustained breakout/breakdown. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
BTC showing bullish divergences on dailyBTC closed the daily candle with bullish divergence on RSI as well as OBV. MACD flipped bullish but looks a little weak in my opinion. Volume looks ok but not that good. For the divergences to play out we have to break $30500 resistance and $31500 to reach $34k to $36k levels although we are in a bearish trend so they might not work, These divergences will be invalidated if price goes back to $29500 level and validated if we break $31500 so fingers crossed for a relief rally.
by NasirCrypto
BTC Triangle !Hi Traders ! First of All if you liked the idea just leave me a thumb up for my very first idea. BTC and most of ALTcoins now running in symmetrical triangle that have an equal chance for breaking up or downside. But am leaning forward to be bullish on this triangle since - MACD indicator just flipped after yesterday DAILY candle closed - Bullish divergence on 4h / Daily - We didn't retest the previous support ( that now count as resistance ) - previous support aligned with the downtrend / bear market we are in - Fractal pattern from previous same scenario - Weekly red candle row have to be flipped ( we wont go down forever xD ) - ABC correction wave ( not on this chart ) We can have a FAKEOUT before we start going upside to the targets . Last target most probably will be the point to flip back downside, if broken with daily candle I will keep you updated. Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly. Have a nice day ! INVALIDATION for bullish scenario: candle close below the lower trend line support in the hourly time frame with a good volume or retest to that support line . NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
Long
by TANcrypt0
5
A Comprehensive Guide to Elliott Wave Degrees (Timeframes)Hello Traders. In this supplemental post to my Elliott Wave guide, I will help you understand wave degrees, and what the numbers actually mean when you are labeling each wave. Identifying the wave level (degree) that you are trading is going to be identified at any given time and will be based on what's known as a "degree". One of the biggest problems that new Elliott Wave traders have is grasping the structure or "nesting" of the wave patterns (check the diagram within the chart above). The patterns identified by Elliott himself, occurs across multiple time frames. This means that a completed "five wave" wave structure on a smaller time frame, for example, the 15 minute chart, may represent just the first wave of a larger wave structure unfolding on a 60-minute chart, and so forth. In a micro-macro sense, each of the unfolding wave patterns is just part of a bigger wave pattern unfolding in the higher timeframes. The sequence from wave 1 through 5 completes one wave of a higher degree (again, refer to the diagram above), that is, a wave belonging to the next higher tier of wave sequences. The movements from wave 1 through 5 completes either a wave 1, 3 or 5 of the higher degree, while the a-b-c sequence completes either a wave 2 or 4 of the higher degree. When you are getting into lower degrees, each wave of the sequence can be broken down into smaller waves accordingly to the same dynamic (this is not so important as many claim to be). The most commonly used degrees are the Primary, Intermediate, and Minor degrees when labeling your micro-macro wave counts. In the diagram above you can see how Wave 1 of the high degree is made up of a smaller 5-wave impulse waves and Wave 2 is made up of smaller three wave corrective waves. And each of these waves is, in turn, always comprised of smaller wave patterns, and so forth.
BYBIT:BTCUSD.PEducation
by XForceGlobal
15