BTC LOOKING SCARY!Btc looking scary , as it is forming a rising wedge at 1 day time frame if it get breaks than it may dump the price to next key support of 21800$ and if it gets also break than upto 200 ma support which covers the range of approx 19500$-19150$ . Manage your long and spot trades with proper sl because daily ta is still bearish and macros are also not supporting the market yet.
Btcanalysis
Bitcoin Bullas wants to push it higher on Monthly Close!BTC/1H `at the bottom of rising broadening wedge Forming another pennant `
After Pumping into 23.9 yesterday btc gets rejected at a local support and starts to bleed and touches the bottom of the rising broadening wedge
The Rejection was heavier than the pump and price endedup consolidating near the bottom of the wedge indicating we might exit it again
Also today is **Monthly Close** if btc loses 23K and close below, depending on the momentum of the move we could consider it very bearish
Some liquidity Cluster to be taken at 24.6 which can cause bitcoin to legup again if it breaks above 24.7
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BTC ANAYSISHi, Guys.
It is BTC.
I think it is 'RISING WEDGE' in BTC 1D. Please see pink line.
And there was 'FALLING WEDGE' within 'RISING WEDGE' for last few days. Please see green line.
And it has broken away from 'FALLING WEGDE' to upper side, so still 'RISING WEGDE' is going on.
I think there would be more increasing price.
And it would be FIB 0.618 or 1. And it could be 28k~31k.
Thank you!
BTC Daily AnalysisIn daily TimeFrame, we had a falling wedge pattern that reached its target at the blue point as I expected but now what is the next move? I think we have a rising channel here and we are near the bottom of this channel.
we have two scenarios here, the green and the red.
(don't forget this, often time rising channel break from the bottom, and on the contrary falling channel break from the top)
to make the best decision we must go to the lower timeframe 4H and 1H for opening trade positions.
Bitcoin Catastrophic Move On FOMC DayBTC/1H forming a parallel downwards channel
After 3rd touch at 25.2 and jebating everyone with that Ascending Triangle. bitcoin invalidated the triangle and started bleed down slowly to ~24K showing Bears are comin into the market again and bulls are running out of fuel.
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There are some buy pressure still which I think bulls can try to push the price back to 24.8 for the last time before a catastrophic move to the downside ~22.4 or even a capitulation candle to 21.1
Detailed explanation with lot more to covered on video
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BTC/USDT BinanceBTC/USDT Binance
4H hollow candlesticks
As the price successfully followed the path and the forecast indicator.
After a correction a bars pattern (fractal), shows a consolidation (sideways movement), between the Support and Resistance areas.
A new bars pattern (fractal) and a forecast indicator shows a possible scenario, the next bull run will occur once the price will break out the main Resistance area at $25520.
As the bear market is over, the volume is increasing as also the market cap is above 1 Trillion dollars.
Bitcoin (BTC) = $24,960.98 +0.31%
= 14.60 ETH +0.33%
Market Cap: $1,134,139,588,406
24h Vol: $72,168,021,228
Dominance: BTC: 42.5%
ETH: 18.5%
Good Luck
#CryptoHellas Team
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary
BTC /USDT
TREND ANALYSIS
We have 1 Downtrend in red color .
We have 1 Uptrend in Green color .
Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
BTC CAN GO UPPER AGAINHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
Financial Wave. BTCWe have adjusted our priority scenario in Bitcoin. But we still believe that the fall is not over and, most likely, the price of BTC will begin to decline in wave c in the near future. Once we see the first down waves, we can set short-term downside targets. If the price of Bitcoin rises above $22649, our forecast will change.
btc long analysisHi, friends. Nice to meet you.
Btcusdt is retesting by climbing on the rising trend line of an important angle, so the candle is proceeding while making ingulfing, and the sto is likely to come up from the oversold section.
Considering Fibonacci's return, I'm worried that it's a rebound in section 382, but I think it would be good to limit the position widely.
#BTC/USDT Quick Update + Trade Plan.#BTC:- Moving nice and slow to our target, the green box.
It's already up 4.5%, expecting our 7% Target to hit in the next 48 hours.
What do you think will happen when the price reaches that resistance?
I will update my next chart as per the price action.
Will analyze the chart accordingly.
For now, It's better not to FOMO into Alts and wait for some red (Likely this weekend).
Take profits, Stay cautious.
Just my 2 cents, always DYOR.
Do hit the like button to support my work.
Thank you
#PEACE
BTC/USDT analysis. Is BTC bouncing backBTC and most of the crypto coins have suffered huge loss yesterday. Many major cryptos had been forming up bearish channels and now here is the result (BTC bearish channel shown with dotted lines). But BTC seems like it is bouncing on support level which is shown here. As I see it has potential to bounce back and form up massive bullish trend. If it does, this year might bring massive gains for crypto holders. But of course, breaking belove support level and continue to lose value is possible, due to DXY (Dollar currency Index) bullish patterns and S&P500's outcome. Hope you liked my idea and good luck!
BTC DROP VERY SOONHi, 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
THE BULL RUN, MILLIONS WILL MISS.The chart prints are never a mistake, it is for our learning and direction. BTC to 10k is not happening, don't miss this opportunity to buy when millions will be thinking a little retrace is taking BTC to 10k...Be wise the chart is the only chat you need to interact with, not some gurus.