Btcusdidea
BITCOIN: HOLDING THE SUPPORT LINE.Welcome folks to this BTC update. I am using shorter TF for this chart analysis.
Timeframe: 6 hours.
Recap : According to our previous update, BTC is still maintaining the 21 MA support level in 3 days timeframe.
Update: In this 6-hour TF, BTC is holding good support at $22.6k. You can clearly see that this is the exact support line from where BTC has bounced back twice already. If BTC manages to break above the 21 MA then we can expect a rally up to $25.5k.
Bearish Rising Wedge: BTC is under a bearish rising wedge formation which isn't good. If BTC breaks down below this support line then things may turn out bad for the market.
Conclusion: It's better to wait for a confirmation call.
I hope this update was helpful.
Trade safely.
BTC short !Shorting BTC from nice supplyzone whcih has liquidity inducement and thats why its high probable to work. Nonetheless I expect BTC to aim higher towards upper 20k possibly this month. I'm targetting demand zones as you can see on chart and looking for buys there cause overally on 4h and daily we are still "bullish" and didnt reach any significant higher time-frame zones for shorts.
I will keep you guys updated for possible longs in next coming days.
Feel free to drop comments and any questions, Enjoy and good luck with trading ! :))
👽 BTCUSD 👉 Time to make money 😁👽 BTCUSD 👉 Time to make money 😁
The lower border of the rising channel provides an opportunity to buy on the rebound
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❤️ I use all my transactions in real trading in my account, my account has already reached Profitability:
1549.04%🙏!❤️
It's your turn!
Be sure to leave a comment and let us know how you see this opportunity and prediction.
Bitcoin 2D Strong Strength SnapshotFollowers may request a strength snapshot of any cryptocurrency, so like and follow.
1) Strenght Profile: Green and getting stronger.
2) Bull Bear Squeeze: The bears are finally completely squeezed, now the bulls need to send it!
3) Money Flow: The money flow is green and positive.
The sideways action could continue for a little bit longer until the strength profile goes above 50.
For now, the Bitcoin 2D Strength Snapshot is strong: Strength Profile 🟢 Bears in Charge 🟢 Money Flow 🟢
🥳 BTCUSD China will give rise to coin target 34,000 🥳 BTCUSD China will give rise to coin target 34,000
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❤️ I use all my transactions in real trading in my account, my account has already reached Profitability:
1549.04%🙏!❤️
It's your turn!
Be sure to leave a comment and let us know how you see this opportunity and prediction.
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.
BTC BIG MOVE COMMING SOON !!!!!!
In 4H Timeframe BTC fORMED rising channel pattern and in Small Timeframe their is resistance arround $24,200.BTC Trying to break this level.Their is also bearish divergance in 1H timeframe. BTC needs to take Some correction(Atleast till $23,000).In Case of 4H closing Above $24,200 BTC Will jumped toward the $25000 Level.Their is the resistance of Rising Channel and it is the last hope for Bears.If BTC will Hold Above $25,000 Level then BTC will easily hit $26,800 _ $28,300 Zone(4H Supply). Resistance Levels Are $24,200 & $25,000 . Support Zone is $23,000_$22,800. I tried my Best to give you better update.Don't Forget to like this post. Thanks
BITCOIN:: IS THE RECENT RALLY GOOD ENOUGH???Welcome folks to this new update on BTC. I am gonna keep the chart clean and simple for you guys.
Timeframe: 3 Days.
Update: In my previous 4 hours update, I mentioned the drop between $20.1k to $20.7k and the volatility in the market after the FED news. Well, BTC didn't drop up to $20.1k but it drop up to $20.7k which was under the given range.
FED & FOMC News: With the FOMC press release, we saw the market taking a rally which was a surprise for many. After the recent FOMC news, BTC is 10% up ($21150 to $23480).
Current Scenario: In a 3-day TF, BTC is facing a slight resistance at $23150 where we have a 21 MA resistance. If BTC manages to break above this then we can expect BTC to reach the $28.7k to $31.8k, a psychological resistance level.
Conclusion: The entire market is pumped right now which is not natural. It is all because of the FOMC news released yesterday. There's no doubt that BTC can rally higher from the current level but a correction will be a perfect balance.
Key Point:
21 MA : Break out above it will boost the rally.
I'll update more on it in the coming time until then trade safely.
Thank you.
BTCUSDT Be careful, As I said , in the BTCUSDT chart analysis on July 23, the price can rise up to the 24300 range and start falling to around the price of 19k by forming a double-Top.
It will be in that price range that the chart should be updated to see if it is possible to reach the prices of 26k or 30k or not.