Btcanalysis
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Given support at $30,282 remains in effect, good attempt on $31,010 yesterday but failed, last 4h closed poorly. 1D closed with bullish engulfing but current daily not looking good with 19h to close expecting good close if not a follow thru. Supports remain at risk.
Bitcoin will go UP by 💎Diamond Pattern💎(15-min)Bitcoin followed the Downtrend line in the recent decline.
Also, Bitcoin succeeded in forming a 💎 Diamond Pattern 💎, which can be a sign of the failure of the downtrend line to the top.
I expect Bitcoin will go UP to at least the previous top and even a bit more.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin weekly chart update As per my precious thought on #Bitcoin weekly chart, we have seen how strong was the combination of MA200 and Kijun Sen dominance support and from there it shoot the price high to the current 31000$
Fasten your seatbelts and stay ready for 42000$ next station.
Keep your beliefs on people’s money #Bitcoin Sultan.
Best of luck to all the supporters.
Cometh the hour, Cometh the Bitcoin Trade UpdateAs we can see here from the chart since my last post btc has broken many support levels and has also formed a new support level at 26166.90.
What we want to see is in the event of a confirmation of a breakout at the close of the wick is the trendlines both red and blue hold and also this trendline coincides with the new support level
If btc can hold these levels It will go to test 28800 which is the resistance on the daily.
See trade below to understand it completely
CANDLESTICK PATTERNS CHART SHEETCandlestick patterns need to be one of your trading arsenal's most effective weapons. We can determine the direction of the market using several candlestick patterns. All timeframes exhibit these patterns, but the daily candlestick patterns seem to be the most reliable.
Once you recognize these patterns, you may be ready for your next move and use other tools to join the market, including the previously discussed MA approach and flag patterns (see attached charts). This chart is just for information
Never stop learning
I would also love to know your charts and views in the comment section.
Thank you
BTC UPDATE (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL 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
BTC is still bearishHi Traders this is my view for bitcoin from Elliott Wave Analysis perspective, hope it could give you another perspective of analysis.
Bitcoin is still bearish with double three (wxy) corrective wave within the blue channel.
I expect btc would go down to around 25k demand area for entry long position (with PA confirmation).
Then bounce-back to 26.8k supply zone for entry short position (with PA confirmation)
The invalidation for short scenario is at high (c) 27400
Next major support is at 24.1k
It is always better to wait for PA confirmation on lower timeframe every before entering the market. Especially in the current risky market condition, where the liquidity is thin, smaller range, major news and full of manipulation.
Cheers!