Bitcoin Complex Trading Zone. Hourly chart TA prior US ElectionsHey! Bitcoin price action gets more complex. In fact price forming Wedge, and now price bouncing of range 13900-13500. Now let's focus on two important places to open a trades:
13400 - breakdown from this level wil signalize of next possible down move, to 12800 at least (wedge trading strategy), which is good support for next period.
14100 - breakout up from this level will mean prices approaching higher levels, and will go to 15000+ zone.
Meanwhile US elections having very close race and only few states left to show who gon win. Remember, no matter who gon win, prices of the market will have it's own way in long-term perspective. Stay tuned.
Have a great day !
Artemcrypto
BTC / USD Hourly Analysis Before US ElectionsPrice of Bitcoin just made a pullback from 13200. This price was reached after Bearish Crab pattern printed. We can expect small rise inside 13700-13300 range before another pullback towards 12800ish prices.
How US elections will influence on the price? Well IMHO, price will follow it's own direction after all, but short-term price fluctuations is possible.
Bitcoin Expanding Wedge Prior Breakout to $20000Hello, here is the Bitcoin price action plan. Today Bitcoin reached new daily high at 14165, Tail of this wick could take a lot of liquidations and stop losses.
On the chart I visually represented 3 Trading Ranges inside Expanding wedge.
☞ Inside trading range price printed resistance with a-b-c-d points, where point c is higher than others.
☞ Support built by i-ii-iii points, usually point i is lower than others.
☞ Next thing you may notice is Resistance line, it have 1234 touches before bullish breakout.
So for now I will expect to buy near additional entry at 13000 zone and lower near 12500.
Good luck!
Share and like are appreciated !
Bitcoin Potential Growth over 40% this year and 2021.Fundamentals not even kicked in... Still low media attention to Bitcoin. Pretty soon things will change.
Price action very familiar to 2016/2017, current price printing First Signs of Parabolic. This could bring prices to ATH back again.
But hey, do not hodl blindly, use stop loss, and learn how to improve in trading/investing.
Stay tuned to Artem Crypto
Bitcoin Next Stop isBitcoin loves to make fast pumps and dumps?! :)
From what we see this year, bitcoin making good moves and returns from crypto sectors is pretty high. But if you falled in fresh defi coins at the top in August/September, you are probably facing hard surge in you account. But don't give up. Prices of defi coins will not back to ATHs, but Bitcoin...
Bitcoin can back to ATH... And so far Bitcoin gives more stable yearly income than any other shitcoins on the market. So if you planning to invest for next year, well for sure you have to buy bitcoin each month during dips for your investment plan.
Speaking about current price action: I have noticed very interesting fractal which appears in parabolic curve:
So what I expect from it?
Price action near 12600 and 13800 for at least next two weeks. Then sudden pump to 15000$ +++ zones.
Please make sure you following risk management, and not trying to guess you wins/losses. Stay tuned and have good profits!
This is Artem Crypto
Bitcoin 23 October - Final move to 13800 before pullback?!Hey! Price of bitcoin just finishing it's bullish move after a nearly 15% rally, which saw the price break both the $12K and $13K levels in less than 24 hours.
Hopefully you will ressist to buy at tops and follow calm plan:
I see possible extension of rally up to 13800, but then price will sharply break down to 12500 zone before another pattern show up.
On pic below you can see bigger structure of the waves:
Be very carefull and use proper position size and risk management!
Thank you for your attention, good luck!