4 Hour Bullish Divergence confirmation processingIf current 4 hours candle close above 29300, it confirms bullish divergence
Btcta
BTC diamondHey everyone, heres another idea on BTC
On the 1 hour timeframe i have spotted this diamond pattern formation. It could be wrong and just break out to the previous support at around 26 800
Or we could see it bounce off and head towards 28200 area before back down to around 27400 before making the decision of heading down towards 25500 or up to the 30K area
Its currently below the 200ma and bouncing off the 21 simple
These levels also has confluence with R1 pivot and S1 pivot
will soon see what plays out
BTC 1 hr TF possible rangesHere is my idea on BTC, could play out? It has broken out and retested the main white downtrend line. The new red line is the downward retest line it has to now break.
At the first range i saw a head and shoulders that brought BTC down to retest, Its now in the retest range but i have spotted an inverse head and shoulders in this range, so a break out to the range above is plausable. If it does then maybe a bigger inverse head and shoulders could play out. It would get BTC back up to the Value Area High.
BTC Weekly TA :/Showing support and resistance in a parallel channel as well as other support lines.
Weekly and monthly divergences.
I really hope that this is not showing for a bear market in the mid/longer turn for next year.
Let me know what you think?
BTC Bearish Rising WedgeOn 1H timeframe Bitcoin has been printing a bearish rising wedge. I expect that we will break down and will test lower levels before finally hitting all-time-high of $20,000. The breakdown of the wedge should occur before Tuesday, December 1st. It is important to note that we are still in an uptrend, and the mid to long term view is still very bullish.
#BITCOIN/USDT TECHNICAL CHART ANALYSIS & PRICE ACTION MOVES#BITCOIN/USDT TECHNICAL CHART ANALYSIS & PRICE ACTION MOVES
BTC going UP and Trget is RANGE 8.1K - DBTC is just hit 1 support level and now it goes up to FRIST TARGET range 8K-8.2K.
Facts:
1) BTC bullish divergence on D
2) MACD ticking up
3) MARKET CAP is going up
Support & Resistance levels for BTCFirst publish of BTC - TA
Support and resistance levels.
New to tradingview, new to TA
