📈Bitcoin, right time for a bullish rally? 📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders
Continuing our analysis of Bitcoin, the price is trying to use its support level within the fork structure to start a bullish rally.
In the next few days, Bitcoin is expected to return to the $31,000 range if it holds above the indicated areas (29600-29800).
If the price breaks below the mentioned areas, botcoin will drop to the level of 28,460 and then 26,500.
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Btcusdtrade
BTC current price direct short
After BTC fell from the daily high of 31800
Now there is a shock rise
The next wave will continue to fall
Trend line 29600-29700 first layout a wave of short selling
The current price of 29400 is directly short
This wave of empty orders is best to deviate from the bottom of the daily line level
Below the target of 28500, we are considering doing more
Bitcoin pushing towards 31K - BTCUSDHello traders,
BINANCE:BTCUSDT is trading in a range that we identified on May 2022 as a liquidity gap.
As predicted trading turned into this box to fill te previous liquidity gap.
At the moment we need a validation to confirm a break below or above this box.
There are good chances of a break as there is a large bullish flag pattern on the daily timeframe.
In the short term we will see bulls pushing bitcoin around 31K.
I will update this idea in the next few days.
Upvote and comment with your idea.
Thank you all for the support over the years.
BTCUSD I Corrective wave in process and bullish accumulationWelcome back! Let me know your thoughts in the comments!
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#Bitcoin Current Update ( Daily Time Frame )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 Everyone is focused on the Major Trendline
On the daily timeframe Chart, the Major Trendline is being zealously defended by Bitcoin Bulls.
- We might see another 15–18% bullish rally if Bitcoin holds above the Trendline Support (28.4k) and breaks the Wedge upward.
- We might test the Crucial Support around 24.9k, though, if the daily candle closes below the Major Trendline.
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
How will the Candle of the current 6 Months be Closed❗️❓Hi everyone👋 (Reading time less than 5 minutes⏰) .
Today I want to show you the 🎯 target 🎯 of Bitcoin for the next 5 months using the 6-month Bitcoin candles.
⚖️Bitcoin has created 6-month candles in the last 7 years, and if we look closely at these candles, we can see similar movements in them.⚖️
⚖️I divided the 6-month candles into 5 similar movements.⚖️
⚖️The first movement consists of three candles, which showed an upward movement before the start of the correction, which are similar in both periods of the first movements.⚖️
⚖️In the same way, the next candles had similar movements.⚖️
⚖️If the fifth movement wants to be similar to the fifth movement of the previous movement, the candle of the current 6 months has to close in red, and 50% of the fourth movement should have a minimum decline (about $22,780) .⚖️
🔔As a result, I expect Bitcoin to drop to at least $22,780 in the next 6 months.
It is interesting to know that this analysis is similar to my previous post on "Bitcoin 🗺️Road map🗺️for 300 Days Before Halving 2024❗️"It is compatible; I recommend you to read the following post as well.👇
Bitcoin Analyze ( BTCUSD ), 6-months time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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✂️Bitcoin LOST the support line✂️(1-hour time frame)It seems that Bitcoin managed to complete the correction structure of Double Three Correction(WXY) in the last three days.
The 💡 Sign 💡 of the completion of the Double Three Correction structure can be the breaking of the support line .
➕Also, if we look at the RSI indicator in the 1-hour time frame, we can see the 🗻Double Top Pattern🗻 , and I expect the RSI to move downward in the coming hours .👇
🔔I expect Bitcoin to attack⚔️ the 🟢 support zone($29,860-$29,420 )🟢 again after breaking the support line .
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITCOIN first 28k then more green candlesticks ❌🧨Hello 🐋
based on the chart, the price again sticks in the range position middle of the parallel channel 📖💡
for
any other huge pump, we need even more correction to the downside ❌🧨
beside
brief amount of gain and green candlestick is logical 📖💡
and
range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BTCUSDT--34K or 25K ??Observations:
If we see on the weekly chart the previous demand zone is clearly resisting the price to go up.
on bottom side price has taken the support from previous supply zone/Resistance Acts as support and price moves up.
Weekly analysis...
Daily Analysis::
If we see on daily analysis...the price is in a range from few days...
the previous supply zone is resisting the price to gg down.
If price breaks this zone then only we have a chance of short oppurtunity...
A rally base rally is going to observe if price breaks this range, on upside.
No retest is observed after breaking the trendline as well...if it wants to test this 34000 wants to acts as resistance.
Short BTCUSDT at 30.9 -> 31k | Target 27-> 28k
The market is in the distribution stage. So I will comeback to BINANCE:BTCUSDT.P short Setup
Entry SHORT at 30900-31000
SL: 31400
TP1: 29800
TP2: 28500
My Setups are usually simple and straightforward
I will update this Setup regularly
Thank for your comment and boost, follow
BEARISH FOR JULY