Btcanalysis
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
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Bitcoin has an intermediate correctionA 3D pattern can be seen on the Bitcoin chart. It has reached an important resistance area and swept the liquidity pools. The price can fall to the lower regions. Bitcoin could have a median correction
For risk management, please don't forget stop loss and capital management
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$BTC Daily Update with key S/RCRYPTOCAP:BTC #BTC WOW! Bullish engulfing played out as expected taking $29,199 support, $30,282 resisted last climb, must hold $29,742 support to reattempt at $30,282. Previous 4h closed bearish, expect $29,742 support test, RSI in oversold region on 4H and 1D also suggesting test, $30,282-$30,623 next key resistance range to watch for and then $31,372, key support areas $29,199, $28,590, $27,994.
Is BTC bullish?Hi, today we want to have a review on Bitcoin
First of all, I must say that in the previous analysis, I had identified this upward movement of Bitcoin.
Bitcoin is now near the FLIP zone, which is an important and tough resistance, and I don't expect this Flip zone to be broken easily.
BTC may fall from FLIP range to SWAP range.
With white arrows, I marked two medium-term and short-term movements.
In the short-term movement, it is expected that we will fall from the FLIP to SWAP area, and in the long-term movement, we will rise from the supportive OB area to the resistance OB area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
₿itcoin will go | Trade Analysis BTCUSDHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity BTCUSD
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🅱️ Back to bottom!!It seems to me that Bitcoin wants to retest the bottom of the channel. Although we are in a rising channel and the trend is ascending, I want to take a short position here because the risk-reward is not bad. After that, at 27,000 or slightly higher, if I see confirmation, I will open a long position up to the top of the rising channel.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC broke $28,298 support, currently testing to hold. $27,994 support in effect, 4H RSI looking good, Previous daily close failed to follow bullish close from Tuesday, last daily closed bearish. Current support range $27,478-$27,994. Must hold $27,994 to reattempt $28,781
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bearish engulfing played out dropping towards $26,650 support which held as expected being a key support, $28,781 resistance testing as of now, RSI on 4h oversold, bullish engulfing coming up on 1D with RSI approaching oversold region, next key resistance $29,742, Current support $28,298, gaining $29,742 will help test $30,623.
BTC - BITCOIN LEGACY - the big dogBTC - BITCOIN LEGACY - the big dog
took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference.
its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense.
maybe a good long term map here;
im thinkin if it continues to break down here it'll prob go lower than people think.. if it holds this price level approx then keep accumulating those hot alts from the bull, they'll prob bounce harder.
gl
BTC Fake Pump Into Complete CollapseBitcoin Pumped to 30K yesterday.we expected it but not like this.it grabbed all the liquidity to the topside and could collapse from here.Targets and S/R explained.Lower Time Frame shows weakness
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BTC WEEKLY ANALYSIS 11/10Analysis:
Looking at the weekly chart, I would say it's too early to find an entry whilst price is still consolidating. Once we can see price breaking out of zone we can look for a retest confirmation.
To consider:
Overall history is very bullish.
Currently in bear market.
Crypto regulation nearing.
SMA crossing but no clear indication.