#BTC/USD Update + 📊 Daily-Frame 📉 S & R 📈 Chart Update #Bitcoin closed a very bad weekly candle below 47000$ and our strong 200 days moving average. Until we're under 49000$ the situation will be so dangerous for BTC and there will be high chances for more dumps. ⚠️ If we look at the volume profile of the last consolidation zone (47000$ area), we notice that...
⚠️ #MARKET #TRADING ⚠️ Since Bitcoin big DUMP there is FUD everywhere in the market but altcoins were going up even when BTC sideways. So control your trades with reasonable risk management. Most Majors Coins were Near Horizontal Supports this morning so ⛔️ Stop-Loss = ON #Bitcoin Weekly candle closed weak and bearish. we couldn't break our first resistance area...
#BTC/USD After the breakdown of the main ascending channel and a massive correction afterward, Now, #Bitcoin is trading in a descending channel. Bounced back from the lower trendline and now is fighting with the mid-line resistances. #BTC is in a critical situation right now and both upward or downward scenarios may happen in the next hours/days. There is a...
#BTC/USD Quick Update 📊 Daily-Frame 📉 S & R 📈 Update After breaking the main descending channel (The orange channel), We're still moving in a mid-term ascending channel (The yellow channel). Buyers are fighting to keep the price above the 48400$ support for #Bitcoin. And, On the other hand, the trading volume is decreasing for days and we must get ready for a big...
#ETH/USDT #Ethereum didn’t confirm its 3000$ lost support after bouncing two times from 2950$. We are moving towards +3000$. S1: If the daily candle closes above it by forming a Doji, we may see a New ATH with the continuation of 4h Trend. S2: If the daily candle closes below the 2900$ level, we will fall down to 2700 / 2500$ ( Low probability)
📈📉 #Bitcoin Technical Indicators : Technically, in the 1D frame, the situation remains negative with a bearish WaveTrend and MACD. On a 4h time frame, the observation is the same but the indicators are approaching their oversold zone. ⚠️ Good market condition! If #BITCOIN stays above support zone 44700 area by forming a trading zone, We will open more BTC pairs...
#BTC/USD #Bitcoin broke its 34800$ area support zone and formed a symmetrical triangle pattern after this dump exactly to lower trend line of the pattern. If BTC breaks this pattern and 30000$ area supports, It will dump hard to lower supports at 28000$ and 24000$ or even more... Technically, we are rather bearish, even though the MACD has still not crossed...
#BTC/USDT BINANCE:BTCUSDT ✍️ #Bitcoin bounced back into the triangle pattern after going down to 34800$ area and now keep evolving in 36000$ channel fighting with 36400$ local resistance. Yesterday's candle close was above our support 35 000. Nothing new even we have been testing our resistance many times. We are so close to the endpoint of the triangle pattern,...
#BTC/USD BINANCE:BTCUSDT ✍️ #Bitcoin failed to break our both resistances yesterday.. still fighting for the breakout till now. ⚠️ While BITCOIN is consolidating under our main crucial bear resistance area (48000$), There will be a RISK of further dumps on it. 📈📉 #Bitcoin Technical Indicators : 1D Frame : We remain neutral with a buy signal still valid on...
#BTC/USD BINANCE:BTCUSD After yesterday's FUD dump exactly to 34000$ as we mentioned it for a possible cheap buy area in our last analysis on 20 MAY, #Bitcoin bounced up again and now still fighting with major resistance area between 38842~42000 levels. Firstly, We really need to break all of these resistances and go above 42000$ fast and consolidate there to...
#BTC/USDT Update #BITCOIN is still moving its support zone 56000$ / 58500$ after bouncing around the 55000$ level but without managing to make a new high this time. We failed many times to break the 60000$ area for New A.T.H as we can see on the Daily Frame chart. Bitcoin has to stay upper the price of 55000$ (Crucial level: 56700$ ) to keep targeting +62000$...
#BTC/USDT Quick Update 🔸 Back to the main ascending channel again, exactly like our first scenario arrow as we expected in our last analysis. 🔸 Head & Shoulders pattern neckline is broken. 🔸 The descending trendline is broken (RED line) Technically, In the 4H-frame, BTC turns to positive in the wave trend but with a divergence in MACD indicator. We're...
#BTC/USDT Quick Update #Bitcoin is moving in a rising wedge pattern, still above 58000$ for the moment after tagging the 60000$ area. We need the ETH to break its ATH to validate the continuation of the uptrend. #TA 1D frame: Our situation remains rather negative for the moment and the observation is #TA 4h frame: Same as the Daily frame even if we can see...
#BTC/USDT #Bitcoin has once again hit an all-time high over the weekend with a high point of $61800. Now we are retracing back and currently trading around 55000. BTC is now just above its support zone, a risky position can be opened to target a return to 54000 at first and then the highs. Be careful though, this is a risky position Technically, the...
#BTC/USDT #Bitcoin still fighting with its major resistance level by reaching a high point of 58 150$ in the last move but failed to break through the middle line of the ascending channel and now seems to be retracing to 55 000 area. Technically, our situation remains positive with the MACD and Wave Trend still firmly oriented upwards. But on the lower frame (...
#BTC/USD Update Breakout in 30 minutes Time frame and We had a nice weekly candle close at 50600$ which is definitely a bullish sign for mid-term. #Bull_Flag (Long-Term) and Triangle (Short-Term) pattern breakout may through us to more than $52000 in the really short term. ⚠️ If we stay above this flag, we may be targeting +55 000$.
#BTC/USDT #Bitcoin has not been able to maintain itself above its 49 000 support zone and is currently trading around 46 800. The break of our resistance ( 49 900 ) does not bode well, the 45000 forms the last zone of defense (already tested), before a more pronounced fall towards the 40 000 minimum. Technically, we are still negative again with a Wave Trend...
#LIT/BTC #BINANCE ⭕️ BUY : 0.00017000 / 18000 🔴 SELL: TARGET 1: 0.00020000 TARGET 2 : 0.00022300 TARGET 3 : 0.00027000 +0.00030000 ⛔️ Stop loss: NONE BINANCE:LITBTC ✍️ The Live Example of the Rounding bottom #Pattern