BTCUSD ( High Probability BUY Setup SOON )* Here we can see clearly from our analysis if BTCUSD don't break our support trend line, we're going to be looking for BUY Setups in coming days & weeks,
* If we see a down trend & it breaks our support trend line, we believe it's going to be forming Inverse Head & Shoulder Reversal Pattern ( VvV ) before the big BULL run for BTCUSD this Summer,
* As for us we won't be looking to SELL BTCUSD this coming days or weeks, instead we'll be waiting for the BULL run on our favourite Crypto Currency to trade,
* We're using H4 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur on the charts,
* Keep a close eye on Crypto Currency King,
* Happy pip hunting traders,
* FX KILLA.
Btcusdtlong
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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Bitcoin Quick Trade Long is safeBitcoin Trade is around the 24.5K to 25.5K range and my analysis said BTC goes upward
Crypto News Sentiment = Negative
U.S Fed Side in this month = Neutral
Crypto Market Sentiment= Undienet Or Bearish
U.S market = breaks bear trend and moves uptrends
Dollar Index = Falling Fakeout
This All things my analysis drives me to is time for the long and overall market trend is still bearish
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.
Bitcoin range trading (NEW)Bitcoin price created beautiful range between 25240$ and 23350$.
The price got rejected at the key resistance a little bit above 25k.
Currently the price is in the mid of the range.
23850$ and 23620$ may be a good entries for long position if the price drops lower.
The target would be the upper boundary of the range around 25100$
Moreover, if BTC price keeps on ranging, it would be a great scenario for altcoins as they would have some time to rise.
If we lose 23300$, we may be looking at 22800 $ as the next level where buyers most likely will step in.
Using Fibonacci FAN to measure BTC correctionsNo matter what the outlook may be, if the price exceeds the 50 Fibonacci Fan level, there is a greater than 50% chance of a sharp correction and a possible reversal of the current bearish trend to a more bullish cycle. Optimism is not going to change this fact.
I use it to measure the corrections.
The Fibonacci Fan is a technical analysis tool used by traders to identify potential support and resistance levels in the market. It is based on the Fibonacci sequence, which is a series of numbers where each number is the sum of the previous two numbers. The Fibonacci Fan is drawn by taking two points on a chart and then drawing a line that is based on the Fibonacci sequence.
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 - BIG MOVE Coming 👀Hi Traders, Investors and Speculators of the Charts 📈📉
In today's analysis, I continue discussing a fractal that played out on Bitcoin from 2018 - 2019 over a few months. Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy. In my previous analysis on BTC, I made an update for the near term based on a fractal from 2018. Incase you missed it, here it is:
What I discussed was the key support zone that needed to hold and see candle closes ABOVE this zone, which we have. This is a bullish sign, indicating that buyers are ready to push the price higher from here.
By using the technical indicators Phoenix Ascending and Fibonacci Bollinger Bands, we can speculate the next potential target:
Next target could be $27700, the upper orange Bollinger Band :
I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines , support zone and resistance zone ) is really helpful for longer term, whilst technical indicators can be very useful for the shorter term.
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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.
#BTC is getting ready for the Big move!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
BTC is forming this big falling wedge pattern
what is a falling wedge pattern?
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. Generally, a falling wedge pattern is considered a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
A weekly candle close above 25k could suggest that the market is expecting a bullish trend.
So let's see how the weekly candle closes
* RSI is also sowing some bullish divergences move
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Updated BTC LONG IdeaI've been watching this price action form over the past few days, and I think we will break through the 1 HOUR order block we are currently trading into and retest the fresh 4 HR order block below.
This could be the point the price bounces to form a lower high and then a higher high.