Crypto_Coaching

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update As we saw in the Market, #Bitcoin has been traded exactly between our previous main resistance and support trend lines due to low trading volume during the new year's holidays. The previous analysis is still valid. So, We didn't post any new updates in recent days. Everything is clear in the chart—the...

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Bitcoin is still consolidating below the crucial $17000 resistance as we expected since our previous analysis. As we can see in the chart, The upper trend line is a crucial resistance area for us. Bitcoin couldn't break it till now except for one fake out! We can't expect any rise until another break out...

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update Last night, Fortunately, #Bitcoin started a new uptrend wave and bounced up precisely from the strong support area (Green Area). Now, We need to close the daily candle above the crucial 20500 level to have a chance for further increases. A quick retrace to the 20200 level can happen in the next hours, But...

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Bitcoin exactly has followed our 2'nd scenario (Dotted arrow) till now and currently is trading around the 20000$ range. Actually, it is consolidating inside a rectangular zone for the past few days by going low to our current bottom @ 19500$ (lower support zone) and bouncing up to our current top 20600$...

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Trading Yesterday Bitcoin lost 10%. No matter how much you trade crypto, these moves always take you by surprise. Especially after 3 weeks of narrow range choppiness. #Bitcoin #Market didn't make any high volatility as usual on the weekend. We can see the maximum bounce 22.1-23k range. If the BTC pumps...

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Bitcoin closed a weekly candle above the weekly MA 200 and now is struggling to hold this level at about 22785$ as support. We can see some positive regular and hidden divergences (4H and weekly frames) in this area and It will be a great sign If we can hold above this crucial support by closing another...

Crypto_Coaching

#BTC/USD 📊 4H-Frame 📉 S & R 📈 Chart Update ✍️ After a terrible week full of fear and failures for crypto and other markets, #Bitcoin has been trading inside a triangle pattern for 7 days. As we can see a 4H close below this triangle, If BTC can't go up above the 30250$ fast, There will be a possibility to see another dump in the short term. The first strong...

Crypto_Coaching

#BTC/USD Quick Update 📊 1D-Frame 📉 S & R 📈 Chart Update #Bitcoin couldn't stay above 39000$ in the previous move and unfortunately dumped again below many important supports. If #Bitcoin can't stay above the last important support at 35000$ (Must close weekly and especially monthly candles above this level), We will have confirmation for continuing the downward...

Crypto_Coaching

#BTC/USD #Bitcoin still evolving in the same range for a few days and the direction is not confirmed yet. Also doesn't give any hints. Moves above EMA21 at 4H but below Yearly close at 46211. So in the first scenario, we can expect an upper wick. In another scenario, it's pretty easy to drop below 45.5k as it happened a few hours ago which will instantly trigger...

Crypto_Coaching

#BTC/USD Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Bitcoin is in a healthy correction after rejecting from the important 48310$ resistance (Daily MMA 200) and currently is trading above the 45000$ support. Staying above 45000$ by closing daily candles and going back above the 46211$ resistance again, will be a great sign for a possible reversal point from this...

Crypto_Coaching

#BTC/USD Update 📊 4H-Frame 📉 S & R 📈 Chart Update Nothing new, Fear of the war! #Bitcoin still couldn't break the important 40000$ resistance and we're in danger until it stays below this area. #Bitcoin is currently consolidating between 38500$ supportive trend line and 40260$ resistance. ⚠️ If we close the 4h candles below the 38000$, it may dump to...

Crypto_Coaching

#BTC/USD Update (BINANCE Chart) + 📊 1W-Frame 📉 S & R 📈 Chart Update We must consider that until #Bitcoin is trading below the crucial bear resistance area (45000$~50000$), There will be still the possibility of another leg down in the long term view! Positive signs: 🟢 Closing the weekly candle above 43720$. 🟢🟢 Breaking up the 46216$ resistance. 🟢🟢🟢 Breaking up...

Crypto_Coaching

#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Bitcoin having very nice consolidation above 38000$ support, is fighting hard to break the 40000$ strong resistances area but couldn't succeed till now. It is also is confirming the breakout of the broken trend line by staying above it. Scenario 1: Direct break-out of this resistance will throw us to...

Crypto_Coaching

#BTC/USD Update + #Trading 📊 1D-Frame 📉 S & R 📈 Chart Update We saw a great bounce with strong volume from our main support area to above the 38000$ trend line which we know is very important support since the previous reactions on the last days of January. If #Bitcoin manages to consolidate above this trend line until the weekly close, it will be a great sign...

Crypto_Coaching

#BTC/USD Update + #Trading 📊 1D-Frame 📉 S & R 📈 Chart Update Like many stocks markets, #Bitcoin reacted with a dump to the geopolitical situation (The WAR) as we expected. The price exactly followed our bearish arrow in the FEB 20'th analysis and after confirming the breakdown of the 38000$ support, reached a very critical zone at 33000~34500$. Reaction to this...

Crypto_Coaching

#BTC/USD Update + 📊 1D-Frame 📉 S & R 📈 Chart Update After increasing the war fear, We're seeing red markets everywhere in Stocks, crypto, and ... since yesterday. #Bitcoin's bad weekly close has also negative technical pressure on it as well. We also had a bad daily close below the 41700$ support yesterday and If #Bitcoin can not recover fast and stay above...

Crypto_Coaching

#BTC/USD Update + 📊 1W-Frame 📉 S & R 📈 Chart Update #Bitcoin couldn't close the weekly candle above the 43000$ area and we are seeing a shooting star candle pattern as well that is a (Reversal) bearish sign. The probability of going down to retest the crucial 40000$ support area is high at the current time. ⚠️ We're waiting for a better market condition with...

Crypto_Coaching

#BTC/USD Update + 📊 4H-Frame 📉 S & R 📈 Chart Update In the past 24 hours, #Bitcoin has dropped almost 5%, falling from $46,000 to less than $43,000. The reason is increasing the FEAR because Russia intends to invade Ukraine. Increasing the price of #GOLD and #Crude_Oil confirms this idea as well. #Bitcoin needs to start a fast recovery and close the weekly...