$BTC Daily UpdateCRYPTOCAP:BTC #BTC gained $36,214 support! beautiful wick testing $37,499-$38,008 (key resistance range), currently testing $36,868, Support at $36,214 looking good, RSI on 4h looks good, previous daily closed with some sell pressure, $35,387 should be key support here, watch given S/R
Btcanalysis
Bitcoin Will Continue Consolidating And LiquidatingBitcoin still has liquidity to the both side to take, we could see another sweep to both upside and downside. with this much liquidity we might continue our consolidation untill a decrease in liquidity happens to make a major move.
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Bitcoin Possible Sell-Off to Low 33.9 Or LowerBitcoin performed a sweep yesterday then went up and grabbed the liquidity at 34.6 ( EXACTLY where we mentioned) then got rejected and moved down.we could see one last liquidity grab to the upside before the move to 33.9 starts.
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Bitcoin analysis It is not bad to have a look at Bitcoin channelization.
Labels A to G are for the symmetrical pattern that we have published before.
Due to serious and channelized resistances, Bitcoin is expected to spend more time in this ascending branch and go a little higher and then create another descending branch.
The situation of altcoins will be far better than Bitcoin at this time for the next few weeks.
Be careful, in any case, you must control the risk.
BTC BUY MORE !!!HELLO TRADERS,
As i can see BTC chart with cypher harmonic pattern its doing a great job fore new entries i am looking for a breakout 32k $ i is a clear view for a bull run and EFT can get approval anytime and this is just an trade idea kindly share with us Ur thoughts in comments & stay tuned new updates
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Given resistance at $35,387 holding strong, at $33,844 support since Thursday, RSI on 4H looks good as expected settling down with sideways movement here while maintaining progress, RSI 1D still overbought, last 1D closed good proving $33,844 support, watch given S/R
Bitcoin analysis! Look what happens!We are in a bullish diametric pattern.
We now seem to be in wave E. This wave can end around this time (in the red box) and Bitcoin will enter the correction phase for wave F. The target of wave F is channel 29000 to 28000
For risk management, please don't forget stop loss and capital management
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