azshomali

azshomali

Hi guys👋👋 I came back with another analysis of the BTC let's dive into it at first, we see a MACD divergence between the two last highs in the weekly time frame, it is also visible in the rsi too soo this indicates a bubble in the price🧨🧨 secondly, there are 3 important gaps in CME:BTC1! daily chart time frame, which I labeled prices. the most probable...

azshomali

Hi fellow traders♥♥ we are here with another analysis to see what could happen to the king of crypto as we mentioned in our previous publication these 5 months were a tight range but we see that the BTC price has just broken its 17600 resistance if we look to the left we can find 2 major zone The first one is an FVG whose price tends to reach there no matter...

azshomali

hi guys as we see BTC has broken out its daily trend line and just came out of its trading range(the white box) It's a typical break-out, so technically we expect a pullback to the top of the trading range. to sum up, the target could be the purple zone which is an order block and also a gap in BTC CME's futures market. BUT ⚠🛑⚠🛑 fundamentally: I fear that the...

azshomali

hi guys as we see in the weekly time frame there is a massive head and shoulder the pattern tells us that the price will go down until about a crazy number of 400$ do you think that is possible??? comment down below

azshomali

as you can see we have a trend line in both RSI and BTC it is possible that we see an up trend until 34-35K and MACD also shows some weakness in the down trend which is good news having a green weekly candle is also hopeful

azshomali

as you can see in 1h time frame we reach the top of the smaller channel so we can go for short and we also get confirmation from MACD the R/R is not what I want but I take risks and go for short

azshomali

as I expected from previous Bitcoin analysis BTC price hit the purple support area and then broke it strongly my scenario is to see a pullback whether not and then all the way down to 24K area. if it continues its trend strongly , possibly we can see 20K Bitcoin price because I can't see any such strong support to stop the bitcoin from falling 🛑🛑🛑BUT just a...

azshomali

⚠⚠⚠ Disclaimer: this is probably a high-risk signal because I am publishing it 1 day earlier so be carful because BTC's downward trend will continue until 30-31K I expect the fall for NEAR too From the resistant zone all the way down to the 61.8% FIB level at the 8.5-8.7$ price, of course, there will be some breaks in the way before going for a short position...

azshomali

in the daily time frame as can be seen we almost reach the bottom of the channel so typically we expect growth until at least the middle line of the channel 90 $ of course it takes a breath in 70-71 $ ⚠⚠⚠ certainly you should consider the BTC actions and fundamentals when Luna touches the bottom of the channel

azshomali

as you can see there is a huge bear flag pattern in the daily time frame the flag itself is also ideal because it has 3 top touches and four bottom touch now the flag has been broken out so we can go for a short position BUT wait for a pullback and see what will happen and then decide to short our first tp can be 37K and then maybe the 35K ⚠⚠⚠ maybe some...

azshomali

there is strong support we can see right now of course, it is better to wait and see how the price reacts to this support zone since it can all the way go down until about 0.10800 at the blue line and then decide to change its downtrend we expected about 15-20% pure profit which is nice🤑🤑

azshomali

there is a strong supply/resistant zone in the 4-hour time frame in which the price has shown some reaction earlier the possible scenario can be an uptrend until TP1