BTCUSDT Crypto market update
Pakistan Time: 03.00 PM
Bitcoin support levels - 19,000 and 18,500 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 20,500 and 19,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis - Bitcoin is currently attempting to maintain the support level of 19000 dollars. The market's next course of action will be determined by the weekly closing candle at 5 am tomorrow. Manage your risk.
Bitcoin need to hold its position above the support level of $18,700
A candle closing below this level will start a Bearish momentum and the next level where the bitcoin price gets support is near $17,800.
Btcusdtidea
BTCUSDT Bitcoin support levels -19,400-500 and 19000
Bitcoin resistance - 20,000 and 20,500
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Analysis
BTC Support is at 19400-500 and 19,000. Resistance is at 20,000 and 20,500. Trade carefully and manage your risk according to to support and resistance levels.
BTCUSDT Elliott Waves Analysis (Local Expectations)Hello friends.
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Everything on the chart. (update)
My Expectations for BTC.
I still guess that we're in ending diagonal (ED).
But we have ended wave 5 in the ending diagonal,
or it was a stretch in wave 3 and now we have wave 4,
after which another final decline will follow in wave of 5 - I don't know.
Therefore, I draw 2 possible scenarios.
Orange scenario - if ending diagonal was finished.
Blue scenario - if after some movement in zone 20500-21k we will get one more, final decline in zone 17-16k.
Growth confirmation - fixing the price above ~22k.
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.
#BTC/USDT 4HR UPDATE !!Hello traders,
Till now BTC is performing well according to my last chart update, in the current scenario, BTC is trading below the upper resistance zone level of $19600 which it needs to break above to gain some % towards the price level of $21k.
Rejection from the current level will lead BTC again to melt down towards the lower support zone of $18600.
MACD also prints a bullish divergence, a positive signal for BTC to grow above.
Let’s hope for the best and see how it goes in the upcoming hours will it be able to break above or not?
So, do your own research before any trade and hit the like button if you find this analysis helpful.
This is not financial advice.
Thank you.
BTCUSDT Bitcoin support levels -19,000 and 18,600
Bitcoin resistance - 19,400 and 20,000
Trade according to this BTC update. Trade with Money management as per BTC update because market depends upon BTC.
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Analysis
BTC support is at 19,000 and resistance is at 19400- 19500.
BTC closed its daily candle GREEN at 19,262. However weekly candle closing was RED as it was 176 less than its previous closing.
Looking at 1 Hour chart, BTC is above EMA 20/50/100/200, BTC falling to 19170 would have lead to testing of 19000 support. If BTC price breaks 19400-19500 resistance with high buying volume, then 20,000 resistance level will have a higher possibility of testing.
Remember, Currently, a bear market is present and total crypto marketcap is less than $1 trillion. Less marketcap is required to manipulate price so be careful as stop loss are being actively hunted through wicks that's why it is important to manage risk strictly according to mentioned support and resistance levels.
BTCUSDT Analysis (LOCAL SETUP)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 18500 and ~17800
after first target reached move ur stop to breakeven
Stop: 20500 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
#ETHUSDT 3HR UPDATE !!Hello, traders welcome you all to another chart update on ETH/USDT
If you are reading my update for the first time hit the like button and comment in the comment section if you find this analysis helpful.
As ETH was trading inside the bearish pennant for a while, it broke below and currently moving downside.
According to the current scenario, it has a support zone at the $1250 level which it needs to hold to regain above again.
The candle closes below the lower support zone will invalidate this chart analysis.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
Do your research before making any trades.
Thank you.
BTCUSDT Elliot Waves (Local Expectations)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
My Local Expectations on BTC .
Nothing has changed from my last idea.
I still guess that we're in ending diagonal (ED).
The Ending Diagonal could have already ended with a truncation, or it could still stretch and get a final downward movement to the area of 17500-16500.
Growth confirmation - fixing the price above ~22500.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTC DAILY BUYING AND SELLING POINTSIn this analysis I have shared daily candlestick analysis and shared exact buying and selling points.
There are three lines on the chart. Two are above the current price and one is below the current price.
Above two red lines are main selling points of btc on dailycandle stick. You can sell on 1st red line and then put a stop above the 2nd red line. If price goes to 2nd red line during the trade then you can sell again on 2nd line with stop loss a bit above the 2nd red line.
Below is 1 green line which is the exact buying point of btc on daily chart analysis. You can buy here and put a stop loss just below the green line.
NOTE
Weekly buying and selling points idea is also linked if you want to know about higher time frame.
BTCUSDT Elliott Waves (Local Expectations)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
My Local Expectations on BTC.
I guess that we're in ending diagonal (ED) wave of iii.
It is logical to expect another decline to the area of 17-18k, and there is a strong buy.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDTAccording to the previous analyses, the trend is still bearish for those interested in knowing what will happen to Bitcoin in the future or wanting to trade on it.
The situation is likely to happen as shown in the image.
Follow me, like, comment, and any questions.
Observe the money management and the stop loss.
BTCUSDTAccording to the previous analyses, the trend is still bearish for those interested in knowing what will happen to Bitcoin in the future or wanting to trade on it.
The situation is likely to happen in the short-term time frame, as shown in the image.
Follow me, like, comment, and any questions.
Observe the money management and the stop loss.
💥Bitcoin last dive to $20,000#Bitcoin (Update)
Here is a daily timeframe analysis with price in a rising wedge. As shown here, price is at the tip of the wedge. A breakout which can be an upward or downward breakout is needed.
I expect Bitcoin to break downward for the last dive to $20,000 before the move upward to $37,000.
Aside this post, Bitcoin is overall bullish.
Not a financial advice🙅🏼♂️
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
⚡️BTC QUICK UPDATE⚡️As we can see our last chart is moving perfectly till now, it meltdown by 2% and reverted from the mid-support level and gained above.
Here we need more green candles toward the upper trend line resistance to break above this channel pattern and enter a bullish movement in this short-term chart.
Thank you.
⚡️BTC QUICK UPDATE⚡️As we know, nothing much has changed in the higher time frame and if we go through with the 30 min chart BTC got rejected from upper trend line resistance for one more time.
In a shorter time frame, we need here a clear break out to this parallel channel to grow above towards the upper price levels.
Currently, BTC is moving down to the mid-support level and needs to hold that level to revert back above.
Candle close below the mid support will leads BTC towards major lower trend support.
Let's see how it goes in the upcoming hours.
Thank you.
BTCUSDT - Continue Down or pullback?#BTC/ANALYSIS
$BTC Lying on support and support trendline we have 2 options for BTC
1. If btc close 4h candle below $20.7k potential btc will go down retest on daily demand $19.2 - $19.9k Area. if we see in lower time frame looks like make a Head and shoulders pattern for BTC
2. Valid double bottom pattern if breakout and close above $21.6k potential retest on $22.7k and Dump going to daily demand $19k area
⚡️BTC 4HR CHART UPDATE⚡️Hello, traders welcome you all to this BTC quick chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that BTC was unable to hold the lower trend line support of a channel and broke down.
In the current scenario, it is clearly visible that BTC retested the lower trend line support to become resistant multiple times, which is the signal for down fall as we all know.
Currently, BTC is trading and holding the green support level at price level of $21k and it bounces every time from this level .
Here we can see some green candles towards the lower trend line resistance and break above in upcoming hours and this can be the possible low for now.
Lets see how it PA performers in upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.