Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (19074). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
We are bullish on Bitcoin and we all agree that Bitcoin will take a turn to go for a new ATH. The question this analyses answers is where the turning point will be? The answer somewhere between 13500 and 15800. Please, continue reading for the explanation: What do we see? - An ascending channel since March - A dotted support line in the middle of the ascending...
BTC SHORT TARGET ADJUSTMENT for 6:1 r/r opp 61.8% to 78.6 fibo level zone extended from 1st wave of correction from all time highs provides clear positive risk: reward play for a downside correction Short limit entries above spot prices (previous posts - preferably near theextended 78.6 fibo level short BTC at around $18,035) Stops above all time highs and...
On numerous occasions, the 61.8% to 78.6 fibo level zone provided clear positive risk: reward plays for the downside corrections as outlined on charts. The 61.8% to 78.6 fibo level zone extended from 1st wave of correction from all time highs provides clear positive risk: reward value from a contrarian perspective that a downside correction is more probable as...
It looks like the monster has woken up. I am not a BTC fanatic. I have a few bitcoins and XRP as a long term investment. I more look at the technical aspect of the market. I believe the current move might need support and a correction in order for it to continue going higher. I have market everything for you on the chart. Keep in mind this is my opinion so...
We might see a push to the 16400-16700$ region , from there a huge reversal to the downside . Waiting for 2021 to see if we can breach all times high .
Long on bitcoin target at around 16700$ , and then we should see a reversal to the downside .
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BITCOIN is in an uptrend and it keeps showing a good strength whilst altcoins are dying.I think 16k might be a reversal point.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (13601.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (13601.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Would like to see a test of these levels... If we manage to break both, i think we will see 14.5 Soonish.. both levels could be a nice short scalp
slightly corrected my past predictions. let's see where it ll reach.
Monster falling wegde coming to an end soon ! Be prepared for fireworks ! Trade Safe , Stay safe PEACE !
If you can see the dragonfly doji formed on the weekly time frame then you will understand why bitcoin will respect the channel. The channel formed on d1/h4 shows bitcoin is going to test the 10000 area again. trade wisely.
BTC is retesting 12,000 without overbought, very safe for a long or short