Price has just left the Daily Resistance area and is currently in a Downtrend. The 1HR Resistance area was just retested and held. Sit and wait for Price to make its move to either 1HR Support (2000.276) or 1HR Resistance (2022.190) then make your decision. Set Alert for both levels.
Price is in a Downtrend and has just left the Daily Resistance possibly returning to the 4HR Support Area. Price is currently at a 1HR Support area and may pullback to the 1HR Resistance if it does look for a SELL Entry there. If Price breaks 1HR Support Sit and wait until Price hits 4HR Support then look for a BUY Entry.
Price is in a current Downtrend. Price just left Daily Resistance and may be returning to the 4HR Support Area. Unless Price makes support where it is currently at SIT on your hands and wait for price to reach the 4HR Support. Then look for possible BUY Entry. If it does create Support then look for a SELL Entry when Price pulls back up to the 1HR Resistance.
Price has been RANGING between the 4HR Support and Resistance areas and just left 4HR Resistance. Price is currently at the 1HR resistance area and may be a possible SELL Entry as long as it holds as resistance. If Price breaks the 1HR Resistance then wait for Price to pullback up to the 4HR Resistance then look for your SELL Entry there. Be careful though...
Price Action Trappin BTC has finally hit 20K Support area tapping 17500K and rejecting that area. If price drops below 20K and 20K becomes resistance, we are going to be looking at a drop to anywhere between 12500k to 5K possibly! In my opinion this is a great buy opportunity and I will be approaching BTC and other Cryptos as so.
Strictly Price Action Analysis! BTC has been trending downward since Dec. 2021 dropping to 30k area of support and holding for the past few days. BTC may pullback to 40-50K area to test that area of resistance and if sustained as resistance we may see BTC drop to the 20k support area. Since BTC broke 20k in Dec. of 2020 that area has not been tested as true...
First, I want to say I am strictly a Price Action trader. I like to keep my charts simple and clean and analysis the same. So if your looking for some long drawn out reason for BTC to be doing what it is doing then this is not for you. Weekly/Daily Price has made a Head N Shoulders pattern on the Weekly timeframe indicating that price may be heading to lower...
BTC has been having a hard time breaking 35k resistance. However price has been going sideways and that indicates a move is getting ready to happen. BTC has 2 moves, break 35k and head back up to 40k, or reject 35k and head back down to 30k. If 30k doesn't hold as support we may very well see 20k!
4hr Timeframe Looking for the break and retest of the 50EMA. If it breaks we are looking to get in on the retest of the 50EMA for a long position. Wait for a bullish confirmation candle showing rejection at the 50EMA. Keep this simple! Less is more! Place SL with structure! Manage your risk! BE PATIENT!!!
Top down from Monthly/Weekly We have been very Bullish the past 6 months although we did create nice HH/HL's on the Weekly showing signs of strength but on the Daily the legs are getting shorter and it looks like we running low on bulls. If this creates a Double Top we may be heading back down to one of those green areas of support. We have 2 major areas of...
We do have a nice uptrend on the 4Hr timeframe. BTC needs tp break and establish 55K as support if it's going to continue this uptrend. If this is accomplished the next barrier would be the ATH. Two things could happen here, it can break through the ATH take off to 60K or resist and create a double top which may push us back down. We have a major support level...
4Hr Timeframe Buy Op Price has been in a strong uptrend and has reached an area of resistance. Looking for it to pullback to the 107.500 area then possibly continuing back upwards. If this key level holds as support, look at the 1Hr/15min timeframes for your entry point. This trade will take some time to play out if it does. Patience is key! Gather 3 or more...
Sell op 4Hr Timeframe Wait for price to break 145. with a lot of momentum and get in at the top around the 145.500 area. This should be a fake out and looks like an op to catch the ride down on the trapped traders. However price is in a strong uptrend and it actually could break 145 and keep going up. In this case I will look to get in on the second retest of...
Buy Op Daily/4Hr Price has been in a downtrend but it is looking like we may have a reversal/breakout happening. The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily. Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations. Entry AREA 1.33360 SL 1.33008 (35Pips)...
Sell Op 4Hr Timeframe Price has started a downtrend and is currently in consolidation on the 4Hr timeframe. Shooting Star and Marubozo candle on 4Hr Resistance. Looking to get in on the LH/4Hr resistance or the pullback to the 50MA on the 1Hr timeframe. Entry 1.21200 AREA SL 1.21860 (66 Pips) Use proper Risk Management! TP 1.17500 1:5 Risk/Reward DON'T...
Timeframe: 4Hr Looking to enter at the 50MA (Yellow) for a buy. Price has been in an uptrend and on the daily/weekly we have a ascending triangle forming at the 140.000 area. Entry 140.470 AREA! get in when you see it. SL 139.691 (80 Pips) Use proper risk management! This is a very big Stop Loss TP 145.000 Area 1:4 Risk/Reward