Bitcoin spiked on Monday pre-market and hit a cluster of targetsWe got a buy signal on Sunday and the target got hit on Monday pre-market
The previous target for the buy signal generated on Thursday got almost hit as well.
Btcusdanalisis
BTCUSDT BINANCE:BTCUSDT
The chart under consideration is characterized by exceptional clarity and detail. An examination of the chart reveals that the bearish weekly trendline was effectively broken, followed by a pullback featuring a hammer candle. The hammer candle was subsequently confirmed with a robust green candle that broke through the purple resistance level and has not fallen below it. The present pricing position is of the utmost importance, as it has the potential to reach a specific area if it successfully overcomes the resistance level. Conversely, if the resistance level rebuffs the price, no growth will occur. In light of this analysis, it is my professional opinion that October bodes well for BTC.
BTCUSDT - the two most likely scenariosHello! The downward movement I predicted one month ago () has taken place. Then I expect one of two scenarios: Fast scenario (A): long-term positions will be formed over the next weeks - two months in the range of 17,200 - 19,700 and a new upward movement will begin in April-May of this year. Scenario (B) is longer and deeper. Long-term positions will form in the range of 15,000 - 18,300 and a new uptrend will begin in the second half of summer - early autumn of this year. There are other scenarios, the probability of which I consider lower than these two. What are your thoughts?
BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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