Btcusdshort
Bitcoin will go down by 🗻Triple🗻 Top🗻 Pattern(Short term)Bitcoin has formed a 🗻🗻🗻 Triple Top Pattern 🗻🗻🗻 near the 🔴resistance zone($ 27,240-$ 26,160)🔴, and a long-bodied red candle has broken the neckline.
Bitcoin is currently completing a pullback to the neckline.
I expect Bitcoin to go down to at least the 🎯target 🎯 I marked on the chart.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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BTC Analysis: Setup Pattern & Probability AnalysisGreetings, fellow traders! In this analysis, we will explore a potential trade setup, delve into the pattern observed, and conduct a probability analysis. Stay tuned for valuable insights that can assist you in making informed trading decisions.
Trade Setup:
Entry: Near Order Block Zone at $27,185
Target: $28,000
Stop Loss: $27,070
Pattern Analysis:
BTC is currently exhibiting an M pattern, indicating a probable downward movement. The anticipated price decline may lead to a pullback towards $27,185. This level holds significance as it aligns with an Order Block, where weaker buyers might exit their positions. The presence of this pattern suggests a possible trend reversal.
Probability Analysis:
Based on the M pattern formation and the Order Block zone, the probability of a price drag towards $27,185 is heightened. However, it is important to consider additional technical indicators, market sentiment, and fundamental factors to assess the likelihood of a successful trade outcome.
#Bitcoin when shall you go to $30000? But now $25,500 ?PLEASE make sure this is a 4HR ANALYSIS AND I am staying with my old analysis!
This is based on a swing or day trade.
BTC is facing res and as i have mentioned on earlier charts, It likes to face local resitance hence liquidation. But again res at 100SMA so $26380 in cards sooner, So one can take a shorts, and if it reaches, one can expect inside candle breakthrough $27766. Though 1Hr shows shooting stars means facing a sellouts. A shorts would lead to $26688 and then $26500
#BTC/USDT Daily looks Bullish but..#Bitcoin : Back above the 100MA in Daily.
the rejection in Tether Dominance gave us a hint yesterday about this deviation.
Nice for a start.
Now it's up to the bulls to push BTC back above $27454, which remains the primary resistance here.
Everything else is noise. The Bearish scenario is still in play unless broken above the $27454 resistance.
Waiting patiently for a confirmation.
Eyes on the weekly close.
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Thank you
#PEACE
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 lost the battle of 30k rangeBitcoin market structure indicates a downtrend. 30k area is a highly battle area for BTC, and we see the BTC lost this fight. We can easily see the BTC comes to the August 8, 2022, range in the coming days.
News:
Biden's harsh comment for crypto traders is concerning, and the FOMC meeting is being held today, and the market is already priced in both scenarios. If there is no rate hike, we see the same pump and then a dump; otherwise, we know the fall if there is a 25bps walk.. a 55% chance there is no hike in June.
BITCOIN more correction to daily support then more gain ❌🧨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- real short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
No one talks about this trendline from 2013, so it's a big deal. The trendline is already broken, and the bulls retested it a couple weeks ago. It's a classic retest. Usually, you want to wait for the retest and then short it.
want to tell you that this trendline is parabolic, and if it is reclaimed and followed, then theoretically, the price of Bitcoin will be around 5 000 000 dollars in 2030. This is unlikely.
We still need to wait almost a year for this halving event. Meanwhile, we could experience a huge flash crash to liquidate high-leverage traders with a strong and steep rebound back to 32k. Bitcoin is very volatile, and a 50% or 80% crash is nothing
Thank you, and for more ideas, hit "Like" and "Follow"!
Selling Bitcoin at downtrend line.Bitcoin - 24h expiry - We look to Sell at 28495 (stop at 29105)
Trend line resistance is located at 28600.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
Prices expected to stall near trend line resistance.
We look for a temporary move higher.
A sequence of daily lower lows and highs has been posted.
Our profit targets will be 27005 and 26605
Resistance: 27450 / 27600 / 28000
Support: 26800 / 26400 / 25800
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