#Bitcoin 12th July 2022 || Falcon Trader Analysis for #BTCUSDT Introducing daily Falcon Waves for Bitcoin - BTCUSDT
This is not Elliott Waves.
Looking at wave 4 to finish followed by upside of 5th wave to complete blue wave C (from daily chart) and also green A (of weekly chart)
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Daily Chart looks like this:
BTCUSTLONGS
#BTC: Breakout this symmetrical triangle pattern!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as FINANCIAL ADVICE.
#BTC/USDT ANALYSIS
BTC is breaking out from the symmetrical triangle and currently retesting it. After this successful retest, we might see a good upward rally but we have $31400 to $31500 or $30700 as local resistance.
The important thing to remember here is that we have seen a false breakout many times in recent days. Every time BTC did a break out it turned out to be a fakeout. So if you open any long position then keep your stop losses tight.
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
BULLRUN WILL START SOON!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it is FINANCIAL ADVISED.
WHAT IS BULLISH DIVERGENCE?
Price divergence – bearish and bullish – in the crypto space can sometimes determine future price direction.
Higher chart time frames often yield stronger, more impactful results.
Combining market signals for confluence can be important when conducting technical
Everyone in crypto wants an answer to the golden question: where will the bitcoin price go next? Although no one truly knows future price action until it happens, price divergence can sometimes be used to help answer that question.
Divergence occurs when price makes higher highs, while indicators paint lower lows or vice versa. Simply put, divergence is when price direction contradicts indicator direction, creating a noticeable conflicting pattern.
Let's get to the BTC chart as we can see in the chart that BTC is forming this bullish divergence move in the daily time frame as we made in the last 2021.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.
Thank you
BTC review I guess not much people expected dump of that size. At least not in one candle. But its weekend and market turned out to be overexposed to longs. Amount of liquidations overnight proves it. We have LL which violates uptrend so time to get prepared for 35k-40k. Before BTC get there might be a dead cat bounce to 57400 - 58800.
BITCOIN - Bullish trendpreconditions:
- Bullish trend
- Limit level pressure
- There is liquidity above the level.(stop losses of market participants)
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These ideas are not a channel with signals and I do not give recommendations on the entry/exit points.
In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements
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