Bitcoin rejects a strong rejection range after hitting the resistance range we set yesterday and enabled the Bull Trap. ✅
📍In 1-hour timeframe, as mentioned earlier, due to NFP after the stop-hunt floor, it is going up the guard in smaller timeframes
But is this increase being permanent or does it just affect the news?
This is the question that gives us the...
🔅we mentioned that the range of 37,100 to 37,500 is an important range that with the failure of this range and pullback again took the uptrend guard.
But is that the whole story?
Have we entered an ascending phase?
1️⃣Maybe it is a Bull Trap (if you are not familiar with the Bull / Bear Market, click here)
2️⃣Maybe it is the impact of the US $ 6 trillion budget...
The price is in a price range and moves between support and resistance levels
In the last collision with the ceiling of the channel, the price performs a sharp breakout downwards. After Sharp Kendall moves, it creates a long show.
After the creation of Long Shodo and near the support, the selling pressure of the price decreases. Currently, the price is on the...
The price has been able to have a strong trend during the four moving logs. The corrections formed in the strong trend have been pricey and no correction is observed in time.
After the upward movement, the price has entered a side trend and time correction, and now, by forming a small pattern, it is trying to move upwards from the price pattern.
In the last...
In the previous analysis, it was mentioned that if the price stabilizes above 51k, there may be an increase, but its price was sensitive to 51k and showed that Bitcoin is safe up to 49k. Given the previous scenarios, it is likely that the price of the last LOWER LOW will break, and after that the price can be placed on the support of 43K and have a positive...
As expected, we moved from 55K to support at $ 52600, 51K and 49K, and now we see a pullback in the 15-minute timeframe. Due to a few 4-hour Bearish time candlesticks, if Bitcoin can't keep itself above 51K, we will still move towards lower supports (red supports), which are 48K and 45K, respectively. Although we are currently in a very good support area and we...
After the uptrend, the 3DRIVER pattern has been created and the uptrend has been broken
After breaking the uptrend, the price has become almost horizontal and the price has entered the range as a channel.
In the range of suffering, the length of the candlesticks is shorter than before and has had good reactions to the support and resistance levels. It is...
We're seeing scenario similarities again, the correction we saw on February 22 is exactly what is happening again.
Correction similarities, Oversold similarities Intensity of RSI and MACD indicators, placement on important support after double price correction.
For now, we have seen a pullback, but it has shown sensitivity to 57K resistance, and if we do not see...
The slope of the price trend is decreasing due to the expanded channel and now it has broken the effort of its fourth trend.
At the moment, the price is moving towards a static level, but due to orders higher than buying at this level, it makes action.
When a 15-minute timeframe watches the candlelight, there is a sell-off with greater protection if restricted...
