BTCUSD 29/09 MovePair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Consolidation Phase in Long Time Frame as an Corrective Pattern. It has completed " AB " Corrective Wave in a Corrective Pattern " Bullish Channel " if it Breaks Previous Resistance or Upper Trend Line then it will Complete its Impulsive Move
Btcusdsell
Bitcoin | Fundamental and technical analysis for July.Hello;
1. There is a negative divergence on the RSI on the Bitcoin weekly chart.
2. There is a bearish shark harmonic pattern on the Bitcoin daily chart.
3. The fact that the FED skips the rate hike in June and all FED members approve the rate hike 3 times until the end of 2023 at each meeting means that the price of bitcoin will fall.
4. Now that June is over and there will be a FED meeting on the 26th of July, I predict that this month will be a bearish one.
5. The negative divergence in the technical view and the highest level of RSI in the daily chart support this.
6. When Bitcoin price reaches $21,750, I predict that it will touch the trend line I have drawn on the weekly chart.
7. It is not known whether a new uptrend starts after the trend line, but my predictions are in this direction at the moment.
8. I added the bearish shark harmonic pattern, which was formed after the last rise in prices on the Bitcoin daily chart, as an image on the weekly chart.
Good luck everyone.
BITCOIN gain after correction to the downside ❌🧨Hello 🐋
based on the chart, the price is close to the descending channel resistance, resistance area and breakout of support to the downside completed 📖💡
for
any other huge pump, we need more correction to the downside 💡📖
if
the breakout of the first support area (25K) to the downside won't happen, we can see more gain from 25k 💡📖
but
if
breakout of the lower support zone(25k) be completed, we can see more correction to the downside at least close to 23k area and see more gain from 23k level 📖💡
and
range candlesticks to the upside and downside before any other sharp movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin set to retrace past 24 hours' gainsBitcoin bounced from $28.2k on Wednesday but the bulls' hopes of a rally might be nipped in the bud.
H2 bearish OB (red box) at $29.3k-$30k was tested in recent hours
The FVG (white box) at the $28.8k region has been filled- and the price climbed slightly higher as well.
The H1 bullish OB at $27.8k is the bearish target
Entry: $29,315 (retest of H2 bearish OB)
Exit: $27,850 (H1 bullish OB)
Stop-loss: $30,020 (above bearish OB)
BTCUSD High Probability SELL Setup SOON !!!* Here we can see Clearly the next move for Bitcoin this coming Hours & Days,
* We can see Clearly it's forming Head & Shoulder Reversal Pattern ( M ),
* We've got our EP level ( Blue Line ) & our TP level ( Golden Line ),
* Keep a close eye on your trading journey,
* Happy pip hunting traders.
* FX KILLA *
BTC_USDT on weeklytime frameHey guys, we are on the weekly time frame for BTC/USDT
Btc goes strong way but I see a little thing on this time frame it's that HD-
So I guess one of scenarios is btc wants to take a stop hount on around 31000$ to 32000$ price and after that we can see a bearish market of btc to make a LOWER LOW to get a RD+ on weekly time frame, the target is red line that I marked on the chart I think the bullish market for crypto will start from that base.
This scenaryo is just one of scenariyos and can be failed easily.
BTCUSD- Upcoming Big Reversal on Bitcoin!!! hey everyone, BITCOIN spiked up due to collapsed of SVB BANK alongside gold, this is due to the uncertainty that market created. As we are looking for upcoming moves we are expecting prices to be bullish until 28k after we have where we believe that price will reject.
GOOD LUCK AND HAPPY TRADING.
BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance.
On the other hand, it was very good that the cme chat was also filled.
If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified.
At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.
BTCUSDDifficult to do this without COT data. should have waited for a few hours if the Cot data is released or not.
but for now, big people say it is going down. doesn't make sense for TA. how often does trading make sense? Well, it's like puppets playing for the strings.
no data released since late Jan due cyber attack.