Btcusdtoday
BTC/USDT 1 HOUR UPDATE Welcome to this quick update, everyone.
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As I mentioned in my previous BTC chart that BTC will bounce from the $36500 support level and it bounced.
now, we are having $38000 and this blue line as resistance.
The first scenario- If BTC break and close outside this upper resistance of this bullish expanding Triangle then we can accept A bounce up to 40k.
The second scenario- If BTC got rejected from the upper resistance level of this expanding Triangle then we can accept a drop up to $35500. Let's wait and see how the market reacts in a few hours.
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#PEACE
BTCUSDT HARMONIC PATTERNS - RISE TO $53K OR BREAKDOWN TO &31KHiii Cohorts!! Trust y'all are doing great? It's been a long time i made TAs on cryptocurrency though it's bad meeting btc at the edge of a cliff. Well, this was very much expected because of the price action of btc completely corresponds with the technical analysis. At the moment, btc has formed a bullish inverse and head and shoulder pattern after an voluminous dip from $69k but now starting to get futile due to the triple rejections at the weekly resistance level ($45.7k). Now, bitcoin is probable to follow the harmonic pattern in the descending channel if it fails to close above the weekly resistance ($43.1k) which will ratify a possible era of a new bull season. The harmonic patterns have been playing out consistently since the second time bitcoin survived ($30k support level) in july 2021 which is now regarded to as a major support level for bitcoin. The current state of the crypto market is still bearish until we see a reverse above the weekly resistance ($43.1k). Sooner or later, we'll ascertain the next possible move with the help of the lower time frames but for now, bitcoin is absolutely bearish.
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BTC/USDT 1 HOUR ANALYSISWelcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous BTC chart that BTC is forming this bullish expanding Triangle as I said that BTC can drop up to 36500$ now it is lying on the support of 36500$ we are expecting A Bounce up to the upper resistance of the expanding triangle.
If BTC breaks this 36500$ support then we have local support, of 35500$ and a very important support level is 34500$.
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BTC/USDT 1 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
In a shorter time frame BTC break out upside this bullish falling wedge pattern and will come to retest the 39800k support level we are expecting a bounce from there up to 40k.
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BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
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BTC breaker the 39k support but Candle is not closed yet! now we have a 38800k level as support let's see how the 4-hour candle closes.
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BTC/USDT 6 HOUR ANALYSISWelcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart In a shorter timeframe BTC is making this ascending triangle pattern we are expecting a bounce from this 39800$ support level so let's see how it's going.
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BTC/USDT 1 DAY UPDATEWelcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
My previous BTC chart has been invalided so now As we can see in the chart that BTC is having 39400 and 38800 as a support level so we are expecting a bounce from this level but for confirmation let's see how the daily candle closes.
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BTCUSDT | Get an impulse to the downside.If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart BTC is lying on the support of this ascending channel pattern and 21MA also we expect a bounce from here to 46k level resistance let's see how daily candles close.
RESISTANCE LEVELS are 44800k and 46k level.
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BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart BTC is lying on the support of 43900k we expect a bounce from here to 46k level resistance let's see how 4 hours candles close
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BTC BREAK OUT 43K WHAT's NOW?Welcome to this quick update, everyone.
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BTC is going as my first scenario it broke and closed upside the 43k resistance level now it has the support of 50 ma and 43k level.
Expected a bounce from support levels up to 46k level.
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BTC/USDT 6 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous BTC chart that it will come back to the retest 43k level and it retested successfully now expected a drop up to 40k level and if BTC retests to 40k level then we will make the bullish head and shoulder pattern.
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BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous chart that if BTC broke and closes downside at the 43k level then expect a drop up to 40k now it is broken.
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WIL BTC GO TO RETEST 40K?Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
As we can see BTC is moving between support and resistance for 4 days now it is again at the support of 43k level expecting a bounce from here but if BTC broke and closes downside at the 43k level then expect a drop up to 40k.
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CAN BTC GO TO 46K LEVEL?Welcome to this quick update, everyone.
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BTC is making this bullish pennant pattern if it breaks upside then I can expect to bounce up to 46k level. let’s see how it goes
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BTC/USDT 1 DAY UPDATEWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart this BTC is lying on the support 43k support level and Everything here is dependent on daily Closing.
if it closes upside this support then
we expect a bounce up to 46k level and if it closes downside this support then we expect to drop up to 40k but there is a high possibility that it will close upside the 43500k level.
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BTC/USDT 4 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
After breaking the $40k level going up as I mention and currently facing some resistance at $45k if BTC gets rejected from here then resistance we might retest the $40k level. If BTC breaks the $45k resistance then we can expect a bounce up to 49k level.
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