BTC in the 2H timeframe shows good support at the current market price (CMP) where we have the 100 EMA. Additionally, the lower trendline indicates support at $67.7k. We have short-term resistance at SWB:69K , and if BTC breaks above the blue range, a price jump up to the local top of $71.9k is likely expected. Invalidation point: $67.7k. Do your own research...
He has not given any signal in the above time frame! He can collect the stops and then climb. It is better to be under the microscope for now
BTC has broken the $70k resistance as expected. Now, it is aiming for the previous ATH of $73.7k. Are we going to see a new ATH soon? I would possibly say yes, but for confirmation, BTC must hold the $70k support (previously resistance). This is exciting! Do your own research before investing. Regards, Team Dexter #BTC
Bitcoin is keep pumping as i was expecting in my previous idea. I think it will keep on pumping at least till the resistance area around $71.000. Here we could probably see a fast pullback around $65.000 again, but my main target for this year is above $75.000
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line S / R Level Break of Structure Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
The leading diagonal pattern is very similar to the ending one. It consists of five sub-waves, labeled 1-2-3-4-5. Its first wave is usually the longest, while the third wave cannot be the shortest among waves 1, 3 and 5, and waves 2 and 4 are always corrective. Waves 1 and 4 should overlap. There are, however, few notable exceptions. First, leading diagonals occur...
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
Somebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
CRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
4H TF reset, Daily TF resetting. Halving is almost upon us all. Are we gonna see 52k BTC at the Golden Pocket, only time will tell. For now it's bouncing off .386 fib. Scenario in charts. I'm till neutral
BTCUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long BTCUSD Entry - 64148 Sl - 62444 Tp - 67354 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Majors scenarios. Just one next LL, and BTC is done, bearish turn. Hongkong ETFs approval on Monday, hopefully next week give greens
CRYPTOCAP:BTC #BTC Tested $66,961 on Friday as expected, revisiting key support at $66,323. Finally above $68,546 on 3rd attempt, $69,813 testing. Bullish engulfing on last 1D close and RSI also looking good on 1D, expect $71,379 test if followed thru, $68,546 support yet to be tested, it will be key support if held.
This video explores a potential Bitcoin trading opportunity using technical analysis. We'll examine the current trend, price movements, and market structure to identify a potential entry point should favourable conditions materialize, as detailed in the video. It's crucial to remember that sound risk management is an essential component of any trading strategy. ...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Consolidation Phase in Long Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence
Liquidation Heatmap for 1 year 74800 56000 50000 41000 34000 23600
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge CHoCH Fibonacci Level - 61.80%