$BTC Looks bullish and ready for more ATHs - LONGCRYPTOCAP:BTC Bullish engulfing on prev 4H close, $107,461 given resistance in effect, Key support at $103,093, $104,987 support yet to be tested. Looks great on 1D, more ATHs to come, $107,857 latest ATH closed with a wick at given resistance $107,461 and testing.
Prediction : Next key resistance areas could be $110,423, $112,255-$112,893, $114,674, $116,908, $119,756.
Btcforecast
$BTC Update - Given resistance areas coming in effect spot on!CRYPTOCAP:BTC #Bitcoin #bitcoin100k
Given resistance at $103,093 came in effect just as expected, gave this resistance area and more first time on Nov 12th (x.com). Beautiful break at $97,780 and support test before climb towards $100K on 4H and 1D Both! Latest ATH at $104,000 at the time of writing this post. More resistance area predictions given in the quote. Watch Given S/R, $99,361 current key support here as CRYPTOCAP:BTC discovers new support and resistance areas.
CRYPTOCAP:XRP NYSE:TEL UPCOM:FTM LSE:ONE CRYPTOCAP:DOGE and Most ALTs looking good!
$BTC Daily Update#BTC CRYPTOCAP:BTC Nicely holding given support area $95,878, resistance at $99,361, more expected resistance areas could be $100,334, $103,093, $107,461, & $112,255. As it climbs to new ATH(s), we shall discover new S/R areas. Previous 4H close showing strength to bulls, so does previous 1D close! On 1D $97,780 holds good support, current sideways movement is a very good sign for more ATH(s) to come!
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bullish engulfing was followed thru with a test on $92,786 resistance and breaking towards $95,878 resistance, beautiful resistance and support test on 4H at $95,878 resistance. $97,780 next resistance area, given resistance areas coming in effect nicely, beautiful bullish close on last 4h. Current support at $94,148. $92,786 key support here. Weak volume on current 4H, has plenty of time to recover bullish, let's see how it closes, current range $97,780-$92,786 for short term.
Have posted more resistance areas on my Nov 12 post (linked to this post).
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 given resistance in effect and holding, Nicely calm here with good sideways movement testing and building support, $88,674 given support in effect, RSI on 4H and 1D looking good, Bullish engulfing on prev 4H, let's see if it follows up with a test of $92,786 resistance.
$BTC Resistance areas to watch CRYPTOCAP:BTC #BTC $88,674 resistance testing, looking absolutely amazing on 1D with a beautiful follow up to previous bullish close yesterday! Current support around $86,305 area, but untested yet. $84,221 should be key support - let's see. Next estimated resistance areas to watch could be $91,357, $95,878, $97,780, $100,334, $103,093, $107,461, & $112,255. #Bitcoin will surely look good in 6 figures, more ATH(s) to come!
$BTC Update - BULLISH!CRYPTOCAP:BTC #BTC Testing $71,304, Looking bullish on 1D view, Previous weekly closed with a bullish pin bar following bullish engulfing on 1W, weekly view also looks good and ready for upside, support at $70,463 is to be tested yet, $69,296 key support here. $71,981 support required to test $73,344-$73,965. Watch given S/R
$BTC Daily UpdateCRYPTOCAP:BTC #Bitcoin Struggle at $68,549 continues, Nice attempt to break it yesterday, very weak volume on current 4h and previous few, Bullish pin bar on 1D from Thursday played out putting bullish engulfing on 1D on last daily close, expect $69,296 test if bullish engulfing played out, next key resistance at $71,304, $71,981, & $73,344, $67,716 current support, $66,961 key support.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $65,789 resistance came in effect as expected, called the upside on point and just about 8 hours before it went BOOM! $68,546 resistance now in effect, tested once and resistance still holding, $66,961 current support which has been tested already, same has played as key support several times before, previous 1D closed weak, while volume is also dropping on 4h, RSI on 1D hovering right below overbought region while on 4H it is in overbought region, expect struggle here, some sideways movement in short term, should be good as long as the support holds, $66,323-$65,789 next key support area, next resistance areas to watch are $69,296, $70,463, & $71,304-$71,981, then we just go for the top!
$BTC Daily update - LONGCRYPTOCAP:BTC #BTC Turned given resistance at $61,953 into a support, Previous daily close looks amazing, possible upside likely towards $65,789 resistance test as bullish engulfing forms on current Daily, previous weekly close also with dragonfly doji with positive volume, tons of great signs that #Bitcoin is looking great, $64,344 currently resisting, $63,544 support not yet tested so $62,580 is current and possibly a key support moving forward.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC broke out of $62,629, testing $62,580, breakout retest pending, haven't yet established new support and currently struggling at $61,953-$62,580. Beautiful follow up to bullish engulfing on previous 1D close, needs to establish a strong support at $62,580-$63,544 to avoid fakeout.
BTC Forecast 17-Sep-24Bitcoin Support & Resistance- 17-Sep-24
Further to my post last week 09-Sep-24 & on 03-Sep-24,
BTC: 61000
The supports are working fine as proposed on 03-Sep-24 at 52650-52750 ( Previous Feb 24 high) and Fib Support 51750, further downside 44736 ( Fib support) to watch out.
Supports provided with clear mark up in the chart.
Currently BTC broke the SMA 50 and near 61000. The SMA 200 is at 61400 level and also Fib retracement 0.618 is scheduled at 61400 as shown in chart.
If this resistance is crossed decisively, high likely BTC will inch towards the all time high 73750 levels.
The Golden Ratio- Throughout history, the ratio for length to width of rectangles of 1.61803 39887 49894 84820 has been considered the most pleasing to the eye.
- This ratio was named the golden ratio by the Greeks.
- In the world of mathematics, the numeric value is called "phi", named for the Greek sculptor Phidias.
- Everything is in chart.
Happy Tr4Ding !
$BTC Short-Term UpdateCRYPTOCAP:BTC #BTC $56,557 support regained and again testing it! Failed to follow thru on bullish engulfing on 4H, bearish engulfing forming on 1D, RSI on 1D and 4H also suggesting a dip shortly, $54,363 remains support in effect here which could be testing if bearish engulfing on 1D played out. $58,882 support needed to reattempt at $61,953.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC As expected testing $56,557 support, Next key support at $54,364, Failed to follow up on bullish engulfing on 1D which was pretty clear yesterday. RSI on 4H almost in oversold region, $58,882 will resist, $61,953 key resistance. $52,529 next key support after $54,364.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Last 4h closed with bearish pin bar, testing $58,882 support with potential of follow thru to previous bearish close on current 4H, on the other hand 1D closed with bullish engulfing but considering current volume and everything seems tough for it to follow up, $58,290 next support area and key support at $56,557.