If current 4 hours candle close above 29300, it confirms bullish divergence
Hey 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...
Here 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...
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?
On 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
BTC 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
First publish of BTC - TA Support and resistance levels. New to tradingview, new to TA