Good Time for Trading Bitcoin.It is too early to succumb to emotions, since there are still many stops under the lows. Most likely, this is a short-term trap, but if the price goes out and fixes above the red zones, it will become a more bullish sign.
When the minimum is updated, the fifth wave of the lower order will be placed, after which we can expect a rebound in order to close the gap.
Btcanalysis
BTC BITCOIN Technical Analysis and Trade Idea UpdateWe can clearly see that BTC has reached a crucial support level accompanied by a slight retracement. While the prevailing trend leans heavily towards bearishness, a pivotal question arises – to what extent will Bitcoin retrace, offering us a potential entry opportunity? The video content delves into various aspects of technical analysis, encompassing elements like the trend, price action,, market structure, and more. It's vital to underline that the video expounds on these factors, and it's important not to misconstrue this content as financial advice.
BTC LONG TERM Since the end of March, the market has been experiencing a low-volume phase .
Currently, even though we observe a potential double top formation, the market is unpredictable.
Our $40,000 expectation remains unchanged, but before that, there are two highly possible scenarios:
1 - Making a new bottom around the $28,300 level and continuing its path.
2 - Performing a liquidity cleanup between $25,250 and $26,000 and continuing its path.
Whichever of these two scenarios unfolds, it will present a buying opportunity for us.
BTC performed a sweep to both side.The Move Is Today!bitcoin swept both LATE longers and Shorters. Today is for bitcoin to make its move which I think its downside towards 27.9 then holding the equilibrium around there.After that we have to be glued to the charts to figure out the next move(More Downside IMO).
Thanks for watching
BTC reviewNow the key mark for me is 29376.67 (Binance spot chart). See how the price closes relative to it. Closing below this mark on the 4h chart will give confidence in a possible continuation of the downward movement. Closing below this mark on the 12h chart will give much more confidence in this scenario. The absence of the desired closing makes one think to see the price in the range of ~29650-29900.
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BTC update, what's going on?Bitcoin is in a slow downtrend, as low volatility has updated the record again. The market tends to take liquidity in this area (30300 - 30600), there are active sales in this zone.
Globally, I expect a retest of levels (19500 - 21500), I will gain spot positions from these levels.
BTC UPDATE (1H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade idea BTCUSD on 55mThis is the result of my analysis about the 55m chart possible price action develepement. Just an idea, nothing seriouse. Worth to monitor ;) Pls leave a like when it worked out
Das ist das Ergebnis meiner Analyse über den 55m Chart mögliche Preisentwicklung. Nur eine idee, nichts gravierendes. Wert, im Auge zu behalten ;) Bitte liken wenn es gefällt
Trade idea BTCUSD on 1DThis is the result of my analysis about the 1D chart possible price action develepement. Just an idea, nothing seriouse. Worth to monitor ;) Pls leave a like when it worked out
Das ist das Ergebnis meiner Analyse über den 1D Chart mögliche Preisentwicklung. Nur eine idee, nichts gravierendes. Wert, im Auge zu behalten ;) Bitte liken wenn es gefällt