BTCUSDT at LTF support and likely to bounce to 27066-27196BTCUSDT now on LTF support and the price is holding there. I believe there should be a bounce here. I have my shorts closed. And taking long at this support. The target should be the daily resistance zone which is sitting around 27066-27196. That is the resistance which sent the price down on this upward push.
Btcusdtanalysis
Bitcoin Flag!CME:BTC1!
CRYPTOCAP:BTC is printing a falling wedge on 1D and looks like possible retest at pullback area 25.2k.
On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com
You don't have to be in a trade. Let Price show you and execute your edge.
Waiting for direction with Plan A Plan B in place.
Potential for:
Long:
Breakout of wedge with target to 31k
Bullish Retest of 25.2k zone
Short:
Bearish Retest of 25.2k with possible target to 21.5k area near the Gap between 20330 and 21110
Breakdown of current level and bearish retest for move to and breakdown of 25.2k level.
200D MA must hold to prevent further downside.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSDT likely to visit daily support around 24296-24696That was a significant drop. It has broken all the low time frame support levels and now likely to head for the next daily support. It seems the path is very clear for the BTCUSDT to move to daily support zone around 24296-24696. The price hitting that support would give a very good long opportunity as there will be enough liquidity to move the price significantly upward.
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Over a one-week horizon, ATTMO expects cloudy weather for Bitcoin and Binance Coin, translating into a slightly bearish trend with downside risk. ☁️
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BTCUSDT Elliott Waves Analysis (lowtimeframe)Hello friends.
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Everything on the chart.
Waiting for decline through current price or through ~28500(priority), both options on the chart.
Good luck everyone!
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It's not financial advice.
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BTC: Keep going long, target 30K
BTC has been running around 27K recently, although affected by the news, the market has ushered in a fall, but the support of 25.8K below is very obvious, personal advice, before the market has not fallen below 25.8K, always maintain a long idea, any decline is a better buying opportunity.
Personal operation strategy: btc buy@27-27.2K tp: 28-29-30K
Fifteen years of trading experience, trading signal accuracy rate is as high as 95%, I will share more trading signals to help you make profits!
BTCUSDT at daily support and likely to head to 27396The price was held back by 4h resistance around 27400 zone. And now it has fallen down to the daily support around 2700 zone. I expect this support to hold for now and provide a bounce to the 4h resistance zone around 27400 again. I believe a long is favorable here with a target to 27396.
Bitcoin - resistance monthly (carrection started)The bearish a red trend line
Just as we come to the phase- Sell in May and Go Away
In 3 days the opening of a monthly candle and a weekly candle.
In the next week, the non-farm macroeconomic data will be released.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
switched my main scenario that we're in ending diagonal and now forming only wave of 2 of v.
I Expect growth from current price(yellow marker) or through one more decline in 25-24k zone(orange marker).
Main target zone: 33 - 36k
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BTCUSDT bounced off 4h support and may head to 4h resistanceThe price has hit the 4h support as marked on the chart and the support doing its job. The price has bounced from that support and currently trading at support resistance which also acted as a brief support during fall. The price may head for 4h resistance zone again.
Bitcoin Head & Shoulders Activating!BITSTAMP:BTCUSD
Head & Shoulders printed pattern. Watch for neckline break to confirm.
Has busy support zone as highlighted.
RSI oversold so you can enter on Bearish Retest or add to your positions.
LONG: If the neckline fakes out then consider long opportunities.
Plan A / Plan B - We move with price and prepare in advance.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.