BTCUSDT to aim up for daily resistance around 22380BTCUSDT has finally managed to move up the very important daily support it broke a few days earlier. Now it is trading above that level and very likely to close above that level. I would expect the price to aim for the daily resistance 1 zone around 22380 with a bit of pullback.
Btcusdtidea
BTCUSDT likely to visit weekly support around 19400 and bounceThe downward pressure did not allow the daily support to produce any significant bounce and that led the expectation from previous idea to be not fulfilled. Since the price has broken the daily support and closed below it, it is likely that it will head towards the weekly support. I believe there is going to be a very nice opportunity to long it from there.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
My last futures pos was closed in breakeven, spot i still hold with entry(18150) and stop in breakeven.
There are 2 options on the chart:
yellow: we will have a flat correction in the form of a triangle (as long as the price is above 21400), since we fell in a zigzag from the top,
blue: there will be a deeper correction in form of a double zigzag with a 20k retest + closing the gap there and only then growth will continue.
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BITCOIN - resistance on month- key level of the monthly candlestick
- Opening weekly candlestick today
- A good time to enter the trade
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 Analysis (Local Expectations)Hello friends.
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Everything on the chart. (update)
Entry: market and lower
Targets: 25 - 26 - 27k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of scenario - 21500
risk is justified
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BTCUSDT daily support held well , the bounce has strength The 4h + daily support has held the price very well. The daily candle is also looking very nice and with strength. The likelihood of the price to move further higher is quite high. Though price is currently at resistance and might face a bit of pullback, the outlook is looking bright for the long side. I am on travel since yesterday and yhats why no chart updates. But I will try to find some time and post some analysis with direction and target from my phone of possible. Till then enjoy the BTC moves.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
2 possible options:
yellow if ending diagonal(my main scenario) with touching my main target zone 27-28k, then starting of correction.
orange if correction will start soon - confimartion - fixing under ~22800
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BTCUSDT may head for next 4h resistance around 24450-24550So the step L1 shown in the graph was achieved as explained in the previous post. From the price action characteristics, it appears that the price is not content with being held back by this current 4h resistance 1 zone. I expect a small pull back max to the level shown by S2 step and then move higher on the L3 path. But it is possible that this S2 step might be very small.
BTCUSDT heading up for 4h resisatance zoneThe price is bouncing from 4h support as expected and mentioned in the previous post. I believe this bounce will lead the price to at least 4h resistance 1 zone. Lets target that first and based on the momentum we can see whats the probability of it going further up from that resistance zone.
BTCUSDT fell to support and the price may aim for 4h resistancePrice pushed above the 4h resistance 1 zone several times but could not hold there and always got pushed back. The last push to the upside was strong but met with the same fate as other attempts. The price is bouncing again from 4h support 1 zone. It shall again hit the 4h resistance 1 zone.
BTCUSDT to break 4h resisatance and move higherPrice was consolidating under 4h resistance 1 zone and finally broke out of that to the upside. I believe this 4h resistance 2 zone is not going to bother the price much this time and the price, with just a bit of hesitation, will break it to the upside.
BTCUSDT likely to hit previous 4h support zoneBTCUSDT clearly got rejected from the 4h resistance 2 zone marked on the chart. Currently it is struggling to hold the 4h resistance 1 zone from where it broke out and attempted to break next resistance zone. The price will momentarily bounce here as current zone marked as 4h resistance 1 zone will act as a support.However, a next hit to this zone will let the price flow towards the next 4h support area.
BTCUSDT right on its way to monthly resistance of 35k-37k zoneLet again have a look at the monthly view. We are on the right path on the monthly resistance around 35k-37k zone. This was also mentioned in one of the posts on 29th January.
There will be some pullbacks in between but I think the probability favors that the price hits the monthly resistance.
BTCUSDT heading for next weekly resistance at 29700Weekly candle looking very strong and good. Next weekly resistance sits around 29700. Looks like price is headed first for that weekly resistance. As mentioned in one of the previous posts on jan 29th, the significant target is monthly resistance at 35k-37k range. But let us focus on the weekly first.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, we got correction like i expecting.
I think that we should get one more decline in zone 20500-19500 before continuation of growth.
Target zone: 27-31k
Stop: under 17k
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Bitcoin BTC Next Expected move on 4H CHARTHello guyz!!
Bitcoin currently trading now at 22889$.
from last 5 days bitcoin trading.... in a down trend.
bitcoin bounce back expected from 224000$ ( if you want open trade in long at this price)
if bitcoin brok 22400$ support then possible we see bitcoin price at 21100$ ( soo manage trade in proper way)
CURRENTLY.... rsi indicator is bearish on 4H time fram chart.
and macd indicator bearish toon on 4H tf.
do trade at your own risk.
follow me for mor more updates.
BTCUSDT probably heading for the support at 23300Price still trading inside weekly resistance zone. Currently it is inside smaller timeframe range and under 4h resistance at 23460. Price will likely touch again the range high of previous 4h range (also the range low of current small 1h range) at 23300.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Almost nothing has changed from my last idea,
I still waiting for correction, but we have high probability that after last upward movement with target zone ~25k,
then i expect that correction will start with target zone 20500-19500.
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.