BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
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As we can see in the chart BTC is making equal pattern that's why it should come around $52000 support level and then expected to move upside from support level .
let,s see how 4 hours candle closes.
What's your thought on this?
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Thank you
Btcusdtrading
BTCUSDT. Falling Wedge. Will it Play Out?If it is useful Please LIKE and FOLLOW
Hello traders,
What we see:
1. Falling Wedge with a potential bullish divergence (not yet confirmed).
2. RSI oversold.
3. Buying Volume picking up a bit. If it retraces we think it will be on falling buying volume, meaning it will just be a a kind of a weak retrace.
Panic shorting for the moment is not optimal, if it retraces then there will be good short entries.
For now we are super short term bearish (1-3 weeks more less) and long term bullish (next 1-3 months, more less)
Best of best and live to fight another day my friend.
Robertus.
BTC Looks Bullish!!! 🚀 BTCUSDT | Weekly:
I have been showing you key observations on BTC chart when I find any, and here is another one of those.
The on-chart data shows the run isn't over for Bitcoin yet.
1.. If Fibonacci remains as true and trusted as ever been, then see a Perfect Golden Pocket bounce on the chart.
2.. Another principle of Resistance turning into Support confirmed near GP ratio.
3.. MA 10 also coincide with these other two indicators
Put the 3(three) events together and we have a significance Confluence which is a bullish indication IMO
Very concise and simple this time.
You should Follow @CryptonKidd for daily and unbiased analysis , with 96% success rate
BTC/USDTBTC make a H&S pattern on 4H and now breakout to downside measure is approximately 10% to red line /support.. but there is also a golden pocket like potencial support also.. and we se now is making potencial bull flag pattern where can be successful because RSI and Stoch are in oversold area.. lets see how 4h close.. cheers
BTCUSDT is making symetrical triangle on 4 hour time frame BTCUSDT is making symetrical triangle on 4 hour time frame
if break the resistence line then our next targets is 46500 and if he break the supports ten our next targets is 38000 and it is also at strong reversak zoon
time frame :4 hour
Not a financial advice
DYOR
BTC Nearing a BreakoutBTC has been going through a rocky ride, especially in the last few weeks. There has been a consistent resistance at certain levels (top two trendlines) and the region between the two is the Area Of Value (AOV). For those who may not know what AOV is, it is the region where you can expect to make perfect entries.
For now, BTC has run its course and has arrived to a point where the price action has no other way to go except to breakout. Whether it goes up or down depends on the next few days. Expect a breakout by Sunday or Monday. Be sure to cash in. I will update you as I get more signals or patterns that may indicate where the price will go. My guess? It would take a dip!
Bitcoin's Last attempt to ride up?BINANCE:BTCUSDT
Hi guys Mr.Karimi here analyzing the BTC future trend.
As you can see there are 3 EMA's along with a decent PRICE ACTION level holding the BTC correction. my opinion on bitcoin divides into 2 Scenarios:
1- BTC would hold at this level and the EMA'S would carry the price up to the All time high resistance and then the real market crash starts and rejects the price back to the 31k price it may happen in an impulsive way or an annoyingly long correction trend. However the result would be the same.
2- BTC would rise once more, Break the All time high and retest the new support zone with a pullback. Maybe some consolidation there for some time for BTC to gain more strength.
I'll update the idea later to show you guys the results no matter it's a win or loss.
What's your insight about the BTC trend? leave your opinion in the comment section.
BITCOIN!!! FORECAST!!!!!Bitcoin Is still in a Weekly and Daily sell Range between $28800 and $41322. We have a created a Lower high last week. We need a weekly break above $41322 to change trend to the upside on the higher Weekly time frame. Bitcoin still has a lot of work to do to remain bullish, we are still bearish at the minute. There is still a lot of liquidity under $28k. I would like to see $28k get swiped correctly before pushing up to new highs. If we can do this we could see how $100k end of year. We are making Higher highs and higher lows on the lower time frame. This will push us up into the $40k zone. Hopefully we push past that to make new highs. We still have the weekly gap slip to be filled. I believe this price action will gravitate towards this.
Long term traders keep buying on the big pullbacks and Hold
Short term traders – I believe we could see $48k region Definitely get hit, if $28k can hold. We are still in a combo sell range and in a downtrend on the higher time frames until we get a weekly close above $41322. Be mindful at the back of the Sell ranges.
Trade safe and stay consistent.