Bitcoin, will there be a rebound at $40,000?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, a few thoughts on the BTC chart:
From the technical side, Bitcoin at 8H shows us an ascending structure in the form of an “Rising Channel” pattern, which often triggers a correction and a breakdown of the lower boundary. At the moment, the price is close to consolidating on the breakdown of the ascending channel through the bottom, but there are other thoughts on this matter, if you do not rely on the technical part.
Everyone has probably already heard about CZ and Binance and that CZ decided to leave the post of CEO? So, due to this news, a lot of negativity gathered and people began to withdraw their funds from the No. 1 exchange in the world, which means a “panic sale” began.
In general, there are guesses that they will soon begin to take out short positions on both BTC and BNB. There is sooooo much negativity in the market, and the crowd more and more believes that this was a peak and there will soon be a correction.
Guys, just thoughts, not financial advice, the deal on the chart looks approximately the same, you may have completely different orders. Be careful, good luck everyone!
Btcperplong
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!
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Hello everyone👋
Let's analyze the BTC chart today
#BTCUSDT🔥
Hello everyone👋
▫️The beginning of a new week and a new weekly candle opened at $21.032, the price could not be broken above the previous weekly candle, which means that in the near future the priorities will be downward.
💡Let's analyze the younger TFs, again I focus my attention on the passing trend line, the price was able to break through the trend line and we see that it is again suitable for testing, only it already acts as a resistance level. I think that an ostkok will follow to the $20.750-20.200 zone
Sample deal plan:
💡Entrance $21.620
🔝Take profit 20.333$
✖️Stop-loss $22.115