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Btcusdtoday

BTCUSDT CRUCIAL ZONEBtcusdt has been trading in a vivid falling wedge for a while but I'm skeptical on why a falling wedge should have a negative dent on cryptocurrencies as a whole. Right inside the wedge , I was able to identify a formation of descending channel leading us straight to the edge of the wedge . We could prolly see a breakout from the wedge or the descending channel could be in as a continuation pattern to retest the previous supports but all the same the rise to 36k or perhaps beyond is still inevitable. I'd be glad to see your reactions to what i conceive. Like my post if its helpful and follow up for more.
by Pearl-A
BTCUSDT WEEKLY CANDLE CLOSEIn the past seven weeks, all the weekly candles of bitcoin closed above 34.6k while the current week's candle is still trading below 34k. The support has been holding for long and hope it still hold before today runs out. If bitcoin should close below the support zone at 34.6k then it's certain we'd see retest at 32k at the lower low on the descending channel on 1hr tf and in the event, the 32k support doesn't hold too, we might see a retest of the previous supports. The week's candle would close in 4hrs to this time and hope it closes above so we can start to see new uptrends in btc.
by Pearl-A
BTCUSDT Bearish Trendline 100%As per my analysis, BTC going same as I told you. It's time of market correction. And, it is the last stage of this. BTC will go down upto $19k. Next three five days most important because, in this five days BTC drop down up to $31K. After five days, I'll told your further in detail. These is my last analysis same as I told : June 12 Analysis (for detail visit profile and see my previous analysis on btc) June 04 Analysis (for detail visit profile and see my previous analysis on btc)
by Azeemazzi
6
BTCUSDT Technical Analysis Here on the 1 hour time frame we see that BTC is in a Bullish channel and has got 3 rejections from the Support line. On the other hand the price is right at the previous Resistance turned into Support which is suggesting the price might go higher from this level. If the Pullback happens it must be around 37978.0 TP1 @ 39690.0 TP2 @ 41078.0 TP3 @ 43748.6 SL @ 37365.0 Happy Trading :) If you find this helpful and want more FREE forecasts in TradingView Please show your support back, Hit the 👍 LIKE button, Drop some feedback below in the comment! ❤️ Your Support is really appreciated!❤️
Long
by Fibonacci-Signals
BTC FULL ANALYSIS [GYAAN FAN & DESCENDING CHANNEL]Chart shows a descending channel and a gyaan fan comprising the series of candlesticks and patterns since the onset of the last bullrun. Btc still continues to follow the channel with a surprise breakout of the descending triangle,the current move seems to be a retest at 37k zone which was the previous resistance. A successful restest will ratify an uptrend to 42k while the opposite which is a close inside the triangle would signify a fakeout which could take us back to 29-32k support zone, if support is lost then the last bottom (20k) is near. If an uptrend to 42k follows and closes above the descending channel then i'd could say its the end of bear season. My believe and critique clearly insinuates the positive result on btc is guaranteed, it could be the best time to stake your favorite coins because for every rising wedge there'd be a downfall back to the key level(support) where it was being bullish. We have reached the key support level at 29k and its about time we see a new trend. Be advised this is NFA but my what i concieve on btc. I'd appreciate your opinions on my critique and your likes too. Follow me for more helpful contents.
Long
by Pearl-A
4
BTC Multiple Bear SignsPrice chart wise, BTC shows a price trend that resembles a bearish double top . This chart factors in RSI and MACD , an additional update to my last chart. Investigating EMA indicates multiple signatures including the EMA's crossing in a bearish fashion and diverging. Investigating RSI indicates a rather low RSI in the current moment. This may indicate a brief dead cat bounce before continuing its bearish path. Investigating MACD indicates a brief reversal. However, this is likely brief and it is already showing an emergence of a bearish pattern in the overall bear momentum. The continuous bearish bearish news for BTC and the panic sell of institutions and retail may continue to contribute to this bear pattern. The news of the IRS wanting to regulate crypto is yet to be a bullish or bearish case. Overall, in my book, it is likely BTC will perform a deadcat bounce at around 31k-32k and then continue downwards. Still relatively new to TA'ing so let me know what you guys think.
COINBASE:BTCUSD
by Accelerate_0
1