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Get ready for the new ATHDo not rush and let the trend-breaking test and GAP be filled, the appropriate entry points are at $54000 and $53400. From this point we expect the pullback to below the trading node (supply point) and then complete the drop to test the black trend to the appropriate entry point and record its new ascent for the new ATH. After reacting to the $62928 resistance, the candelabra arrangement should be examined and further analyzed. Keep in mind that infiltration takes place inside the orange box, it cancels the fall and after a small pullback, it can move towards the resistance. Do not forget to like and follow
Long
by DarkAnalyzer
2
Bitcoin New All Time High update#BTCUSDT profit update:- $BTC currently trading at $58900 And hope you bought at dip as per my chart. Went upto $59400 Entry:- $57200 ✅ 4% up from our entry. Now...? $59400 is strong support right now. If break upward then Ready to New all time high. After Break $59500 then My target is $70000 Support:- $57000/$54500 Resistance:- $59500/ Moon Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BINANCE:BTCUSDLong
by CryptoPatel
Bitcoin | Bulls Struggling to Clear the 60k Resistance..!!1#BTC (Update) Bitcoin is Consolidating in Triangle in Daily timeframe..!! Daily EMA50 (53088) Acting As Strong Support & there is a Unfilled CME gap As Well in 54k Area So Bitcoin Might Retest 54k Area 📉 From Last 7 Days, Bitcoin Bulls Struggling to Clear the 60k Strong Resistance but Bulls Need More Volume. If Daily candle Closed above 60k, then Next STOP would be 70k 🚀, In Worst Case, If daily Candle Closed Below the EMA50, Bitcoin might Retest 44.8k Support Area 👀 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
by Faibik
9
Bitcoin Breakout resistance and now ready for pump..#BTCUSDT Profit Update:- $BTC currently trading at $59300 And I told you about this Retracement. Hope you bought at dip. Now..? After this Retracement now BTCUSD trading at $59300 and Waiting for big Pump. Targets still same. Targets:- $60424/$61215/$62000 And now trading above resistance so resistance became support. Please click LIKe button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BINANCE:BTCUSDLong
by CryptoPatel
4
The new GODMODE Fractal is in play.. Tesla bottom signal!Hello crypto traders! Let me give you some hope here for a green april with this potential fractal I have spotted on Bitcoin ... but first, what is a fractal? From the TradingView page on Fractals itself: " Fractals are not only abundant in nature, they are also the building blocks of trends. They are simple yet important, repetitive formations, self-similar across different time frames and used by traders to identify or conform a trend (markets trend about 30% of the time) in order to trade it profitably. When broken apart, they exhibit the same characteristics as greater patterns or price movements. Fractals lag the market, because it takes time for them to form. " So a fractal is a repetitive formation that can be identical or have almost identical characteristics, playing out repeatedly over time. _________________________________________________________________________________________________________________ In this current fractal on Bitcoin i can spot some key similarities in the Price Action now and January earlier this year: ( Price Action is the term used to describe the way the Candlesticks react to certain areas marked on the chart ) Timeline of events: -Price formed a Symmetrical Triangle Pattern -Price formed a small Head & Shoulders Pattern inside triangle -Pattern broke downwards also losing horizontal SUPPORT area (Marked with red arrow) -Downwards movement was quickly brought up with signs of institutional buying & interest -Price then reclaimed support area and broke outside the Symmetrical Triangle (has not happened yet on the new formation) (Marked with green arrow) ---------------------------------------------------------------------------------------------------------------------------------------------------------------- The main characteristic is a Symmetrical Triangle Pattern , in this pattern the price swings with 5 almost perfect touches between a Symmetrical Triangle before "breaking out" either upwards or downwards out of the pattern. The breakout can "fail" and reverse in the other direction which is what the below Fractal is showing us can potentially happen again now. The Symmetrical Triangle forms the beginning of this repeated "Price Action" we are looking for presently. ---------------------------------------------------------------------------------------------------------------------------------------------------------------- There is also a Head & Shoulders Pattern , in this pattern price forms 3 distinct peaks usually after a strong uptrend, the left and right peak should have a similar height (shoulders), the middle peak (head) has to be the highest or this can not be a HS pattern . They should seem triangular in appearance but as long as it fits the main characteristics can still be a valid pattern. The Head & Shoulders leads to the downward breakout outside of the Symmetrical Triangle. ---------------------------------------------------------------------------------------------------------------------------------------------------------------- So you can see on the bottom left of the chart we eventually "reclaimed" the Support & Symmetrical Triangle before having a massive up move, right now it looks like we are setting up to do something similar here, but first we need to get back above the "Support" & Symmetrical Triangle areas. ---------------------------------------------------------------------------------------------------------------------------------------------------------------- Back around $35,000 we had the rumor followed by filing that Tesla brought Bitcoin: www.cnbc.com Now at the bottom of this current formation we have the news of Tesla accepting Bitcoin as payment: www.cnbc.com Do you really think one of the worlds Smartest & Richest men would want to accept an asset as payment if he believes it will depreciate in value? -Trader Worth_The_Risk _________________________________________________________________________________________________________________
Long
by Worth_The_Ri5k
9
Bitcoin | Ascending Channel Formation & CME gap..!!#BTC (Update) In 2h timeframe, Bitcoin is Moving in Ascending Channel Pattern & At the Moment, Bulls facing the Key Horizontal Resistance (59.4k). If Resistance got Cleared with Strong Bullish Volume, Next Stop would be 61.2K (Higher High) If Channel Broken Downside, then Bitcoin Might Retest the 57.2k Support Level. Keep in mind that CME Futures gap Between 54095-55360 Range Still Opened So If Channel Broken Downside & Bitcoin Dump Hard then Bitcoin Will fill this Gap. In Daily timeframe Chart, MA50 Acting as Strong Support, So Above MA 50, Bitcoin will be in Safe TERRITORY..!! On the Other Side, Highest Ever Monthly Candle Closed As Well (We've Made +550% Profit so far Since Triangle Upside Breakout) Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
by Faibik
2