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BITCOIN Outlook after the Dip. What to expect NOW?Now that Bitcoin is returning to the cup-and-handle support, one can expect a strong pump up to 130k . it might happen. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
BITCOIN $BTCUSD | BTC BEARISH TREND & STRATEGIC BITCOIN RESERVEBITCOIN BITSTAMP:BTCUSD | BTC BEARISH TREND & STRATEGIC BITCOIN RESERVE Mar09'25 Sparros Exchange Trend Table: BITSTAMP:BTCUSD Weekly: Bullish BITSTAMP:BTCUSD Daily: Bearish BITSTAMP:BTCUSD 4H: Bearish BITSTAMP:BTCUSD 1H: Bearish Bitcoin Zones: Bitcoin BUY/LONG ZONE (GREEN): $90,500 - $106,000 Bitcoin DO NOT TRADE/DNT ZONE (WHITE): $84,000 - $90,500 Bitcoin SELL/SHORT ZONE (RED): $69,000 - $84,000 Bitcoin is currently trading at $86,000, reflecting a bearish trend after reaching its all-time high nearly two months ago. The cryptocurrency has experienced substantial volatility, with the price having previously consolidated in higher ranges. As of recent developments, the U.S. government has announced a "Strategic Bitcoin Reserve," indicating the government’s growing commitment to digital assets. This move is seen as part of a broader strategy to strengthen the U.S.'s position as a leader in the global digital currency space, though no specific amount of Bitcoin has been disclosed for this reserve. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, bitcoin, bitcoin price, bitcoin halving, btcusd, btc, BTC, BITSTAMP:BTCUSD , bitcointrades, bitcoinlong, btcusdlong, bitcoinshort, btcusdshort, bitcoinanalysis, bitcointrend, bitcoinrange, bitcointriangle, triangle, ascendingtriangle, chartpatterns, trianglechart, ascendingtrianglebreakout, chartpatternbitcoin, bitcointriangle, bitcoinhalvingschedule, bitcoinbreakout, bitcoinrange, bitcoinrangebreakout, triangularpattern, flag, bitcoinpatterns, bitcoinchartpatterns, btcpatterns, btctriangletrade, btctrianble, btctrend, btctrades, btclong, btcshort, btcrange, btcbreakout, btcbreakdown, bitcoinover100000, bitcoin100, bitcoinover100, onehundredthousand, bitcoinascendingtrianglepattern, bitcoinpullbacks, bitcoindrop, bitcoinpricerally
BITSTAMP:BTCUSD
by TonyAiello
Bitcoin’s Roller Coaster Ride: More Volatility Until March 7?Bitcoin ( BINANCE:BTCUSDT ) has been acting like a Roller Coaster in the last few days, and one of the main reasons for the high momentum movements is Donald Trump's speech . Generally, this market behavior detriments investors and trades. Such movements may continue until March 7 ( Let us recall that Donald Trump will meet with industry representatives at the “first crypto summit” at the White House on March 7 ). So please pay more attention to Capital Management these days . It seems that Bitcoin's Main Support is 200_SMA(Daily) , which failed to break yesterday and started to increase again. Now, Bitcoin has succeeded in breaking the Resistance zone($87,100-$85,800) . According to Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) . I expect Bitcoin to once again attack the Heavy Resistance zone($93,300_$89,250) and rise to at least the Potential Reversal Zone(PRZ) . Do you think Bitcoin is still Correcting or ready for another major up move? Note: If Bitcoin falls below $85,000, the possibility of Bitcoin increasing again will decrease. Note: If Bitcoin can break the Heavy Resistance zone($93,300_$89,250) and the Resistance lines, we can even hope for a new All-Time High(ATH). Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
32
Why I shorted BTC?In last weekend’s crypto analyses, I mentioned that many altcoins were in a support zone, with a strong chance of a reversal from that level. Shortly after I published my analyses, the announcement regarding the federal crypto reserve was released, triggering a massive pump. However, this surge was short-lived, and prices quickly retraced back to their initial levels. For me, this is not a good sign—when major positive news fails to sustain gains, it often signals weakness in the market. Now, regarding Bitcoin: although its price remains above the announcement level, it has struggled to hold gains above the 91K support level and continues to break below it. I don’t believe prices are dropping just to set up a massive bull run for everyone to buy in—this looks like a bearish signal to me. As a result, I have shorted BTC and expect a decline to 75K. That said, with my stop-loss placed above the initial pump’s high, I’m currently running a 1:3 risk-reward ratio, which—regardless of the outcome—is ideal in my book.
BITSTAMP:BTCUSDShort
by Mihai_Iacob
3
BTC New Update (4H)This analysis is an update of the analysis you see in the "Related publications" section As you can see in this analysis, the demand zone from the previous analysis was slightly hunted, but it is still valid and considered a demand zone. We have reduced the timeframe slightly (4-hour). Our expectation for price action is to see a slight bounce upward in this zone with some time consolidation. After consuming the buy orders in this area and spending some time, Bitcoin may even move toward lower zones. Let’s see what happens. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
Bitcoin & Trump Effect: A Short-Term Pump or Sustainable Rally?Bitcoin ( CRYPTO:BTCUSD ) started to rise as I expected in the previous post , but Donald Trump helped double the momentum of Bitcoin yesterday. But the question here is whether the correction of Bitcoin is over or if this is an increase in the chance of exit. Bitcoin is trying to break the Heavy Resistance zone($93,300_$89,250) . According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 4 and we should wait for wave 5 . Note : Due to the high momentum of wave 3, it is possible that wave 5 is a truncated wave. I expect Bitcoin to rise to at least $95,000 in the coming hours. The next target of Bitcoin can be Resistance lines and 100_SMA(Daily) . What do you think about Bitcoin movement? Time to escape or wait for a new All-Time High(ATH) to be created? Note: If Bitcoin goes below $89,000, we can expect Bitcoin to decline and the big CME Gap($91,610-$84,830) to be filled. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. B e sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
23
Bitcoin Roadmap: Breaking the Broadening Wedge – A Buy Signal?After the tariffs that Donald Trump approved for the European Union and China , Bitcoin ( BINANCE:BTCUSDT ) received a shock with each approval. Otherwise, Bitcoin should have returned to the upward trend, at least in the short term. Bitcoin seems to have failed to break 200_SMA(Daily) , and most of the time the invalid break is accompanied by the opposite movement of that break with high momentum. Also, Bitcoin seems to have broken the Resistance zone($83,530_$82,250) and is pulling back to this zone . In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in completing the Descending Broadening Wedge Pattern . According to the theory of Elliott waves , Bitcoin seems to have completed five downward waves and we should expect Bitcoin to rise . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys . I expect Bitcoin to rise AFTER breaking the upper line of the Descending Broadening Wedge Pattern up to the targets I specified on the chart. Do you think Bitcoin correction is over? Note: If Bitcoin goes below the 200_SMA(Daily), expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
58
Did Bitcoin Just Trick the Bears? RSI Says Yes!Bitcoin's recent price action suggests a potential bear trap, as the price sharply dipped below a key support zone before rebounding. The sudden breakdown may have triggered panic selling, but the rapid recovery and bullish divergence on RSI indicate that this could have been a false breakdown designed to shake out weak hands before a stronger upward move. The price is now reclaiming levels above the previous demand zone, signaling a possible reversal. If Bitcoin sustains momentum and reclaims the $90,000 region, it could invalidate the bearish breakdown and push toward new highs.
Long
by unichartz
It's Time for Bitcoin's Future Trend!As I mentioned in my post yesterday, there was a possibility of the price dropping to the 0.5 Fibonacci zone, from which I expected active buying followed by a trend reversal for Bitcoin and the entire crypto market. The price of Bitcoin has dropped to the 0.5 Fibonacci level, and this was enough to trigger a reaction. We’ve already seen a +2,000 price bounce, and there may still be some volatility with price movements up and down, but a drop below 82k is unlikely. I’m waiting for the daily candle to close, after which I will consider my strategy for opening a position.
Long
by GarateTradeCrypto
Bitcoin’s Symmetrical Triangle Breakdown – How Low Can It Go?Bitcoin ( CRYPTO:BTCUSD ) started to fall, as I expected in the previous post ; the question here is whether the fall continues or not . Today, I want to analyze Bitcoin for you in the 15-minute time frame . Bitcoin was able to break the Support zone($93,300-$90,500) and important Support line . Bitcoin also seems to have formed a Symmetrical Triangle Pattern and was able to break the lower line of the triangle. Educational Tip : The Symmetrical Triangle is a continuation pattern where the price consolidates into a narrowing range with lower highs and higher lows. It indicates indecision, with a breakout in either direction confirming the next trend. I expect Bitcoin to drop to the targets that I specified in my chart. Note: If Bitcoin goes above $95,850, we can expect more pumps. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 15-minute time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
34
Important Bitcoin levels. The game of expectations.Today, it is important for Bitcoin to close below 88,000. There is a high probability that today the price will drop to the 0.5 Fibonacci level, thereby partially closing the gap on the daily chart, and the RSI will consolidate below 30 even with a closing price below 88,000. All these factors combined will be sufficient to trigger strong accumulation with a breakdown of the structure, leading to a new all-time high within the next 2-3 weeks. However, the market doesn’t always play out perfectly. There remains a possibility of a prolonged scenario. In this case, from the current price block (88k - 86k), the price may form a local bounce with a full ABC cycle in the coming days and test the key resistance level (106,200). After that, the price will likely return to the 0.5 Fibonacci level and possibly retest this important level. A similar scenario occurred last year during a similar phase of prolonged correction, where the price eventually reached the 0.5 Fibonacci level, though not immediately.
Long
by GarateTradeCrypto
Bitcoin broke down- Is 75k next target?Over the past three weeks, Bitcoin has remained virtually unchanged, trading within a range of 95K–97K. However, yesterday, the price broke below this range, dropping to the 91K confluence support—a key level I’ve highlighted in previous analyses. After briefly spiking as low as 87K, BTC has rebounded to around 90K, but if we analyze the price action objectively, there are no clear bullish signals. From a technical perspective, the three-month trading range has broken to the downside, suggesting a continuation of the downward trend. I anticipate further losses for BTC, and a drop to 75K in the coming months wouldn’t be surprising. 📉
BITSTAMP:BTCUSDShort
by Mihai_Iacob
2
Bitcoin Outlook after the Dip. What to expect NOW?Because of politics and misleading news, we are now witnessing these prices, and this caused most of my analyses to be wrong and not go according to my thoughts. However, now the price has a strong support area that if it reacts to it, the price will go up to $95,000 and create a V pattern. Since this market is filled with some politicians and some Persons & their misleading promises, maybe the price will drop again and go down to $79,000 and then grow again. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ❗Disclaimer ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
3
Bitcoin Breaks Uptrend line– Is a Crash Coming?As I expected in the previous post , Bitcoin ( CRYPTO:BTCUSD ) started to rise and reached the upper areas of the Resistance zone($100,520-$97,260) . Bitcoin is moving in the Resistance zone($100,520-$97,260) and has managed to break the Uptrend line . According to Elliott's wave theory , Bitcoin seems to have finally completed the main wave C . I expect Bitcoin to attack the Heavy Support zone($93,300-$90,500) and Support lines once again, this is likely to be a heavy drop . Note: If Bitcoin breaks the Resistance zone($100,520-$97,260), we expect more Pumps. Do you think Bitcoin can break the Heavy Support zone($93,300-$90,500) or not? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
52
ROAD TO 125K !!!Maybe your biggest risk is your biggest chance. Do you believe that ? see it Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
Bitcoin Update: Warning of a Potential Crash!Bitcoin has been ranging around the 98K level for about 90 days. Fractals show strength, but I see another potential move incoming, though with a low probability. In this scenario, we can expect a quick shakeout in the market, where BTC price drops in a 17% shadow down to $80K, followed by a flash recovery to the starting point of this move, continuing toward new highs along with the fractal demonstrated on the chart, with the ultimate target of $150K, in my opinion. Overall, there is little concern about this scenario since it has a very low probability, but to be cautious, it’s better to manage our risks. The main scenario in my mind is still my previous analysis based on its fractal, and I remain bullish.
by farhadnmd
Bitcoin’s Bullish Patterns_Ready for a Breakout!?As I expected in the previous post , Bitcoin( BINANCE:BTCUSDT ) approached the Heavy Support zone($93,300-$90,500) and Support lines but quickly started to rise. Bitcoin is moving in the Support zone($96,150-$94,700) . And in this increase of Bitcoin in the last few hours, we can see the Morning Star Candlestick Pattern well in the 2-hour time frame . Educational tip : The Morning Star is a bullish reversal candlestick pattern that forms after a downtrend, consisting of three candles: a large bearish candle, a small indecisive candle, and a strong bullish candle. It signals a potential trend reversal and growing buying momentum. In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming the Descending Broadening Wedge Pattern , which can be a sign of Bitcoin's increase . According to the theory of Elliott waves , it seems that the entire corrective waves inside the descending channel were all in the form of a Zigzag Correction(ABC/5-3-5) so that it seems that Bitcoin finally completed the main wave C in the previous hours. If Bitcoin breaks the upper line of the wedge pattern, we can confirm the end of the main wave C . I expect Bitcoin to be able to touch the Targets I specified on the chart AFTER breaking the upper line of the Descending Channel . Note: If Bitcoin goes below $94,400, we expect more dumps. Do you think Bitcoin can finally break out of this Descending Channel? Pump or Dump? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
19
#BTCUSDT: The Turning Point is Near! Will the Market Crash or Re🚀 BYBIT:BTCUSDT.P has entered a critical zone! After a prolonged uptrend, the asset formed a "Rising Wedge" pattern and tested resistance twice (Top 2), indicating a potential trend exhaustion. ━━━━━━━━━━━━━━━━━━━━ 🔥 Market Overview for BYBIT:BTCUSDT.P ✔️ The Volume Profile shows that the current range is below the Point of Control (POC), meaning the main liquidity zone (where the highest trading volume occurred) remains above the current price. ✔️ BYBIT:BTCUSDT.P is currently trading within a consolidation zone after a notable short-driven drop. 🟢 The price has already broken below the wedge’s lower boundary, which is historically a bearish signal. However, the market is still holding above a key liquidity level (POC: 96,125.2). 🟢 If BYBIT:BTCUSDT.P continues consolidating without reclaiming lost levels, altcoins will likely face selling pressure or stagnation. 🟢 If BYBIT:BTCUSDT.P recovers above the critical horizontal volume level (POC), this could trigger a market-wide rebound and push altcoins higher. 🔥 Technical Outlook ✔️ A 10–15% correction is common for Bitcoin before it enters a consolidation phase. If no major negative news emerges and there is no aggressive short squeeze, the market may stabilize and attempt a recovery. ✔️ However, if BYBIT:BTCUSDT.P starts trading significantly below key levels (e.g., drops under $90,000 or $85,000), this could signal a deeper correction phase. 💡 Key Market Factors at Play: ✔️ Current Price: $95,901 ✔️ Volume: 19.64K BYBIT:BTCUSDT.P – moderate but not extreme, indicating possible market indecision. ✔️ Key POC Level: 96,125.2 – the point of highest volume, which may determine the next direction. 🔥 General Market Sentiment ✔️ If BYBIT:BTCUSDT.P continues its downtrend, most altcoins will follow. In this case, it makes sense to look for buy opportunities at support levels when bounce signals appear. ✔️ Pay attention to key support and resistance levels for BYBIT:BTCUSDT.P . If BYBIT:BTCUSDT.P finds strong support, this could trigger a broader altcoin recovery. 🔥 Technical Indicators: 📉 RSI (Relative Strength Index): If RSI for most assets approaches oversold territory, short-term bounces may occur. This could present good buying opportunities. 🔥 What’s Happening with BYBIT:BTCUSDT.P ? 📌 Breaking the Rising Wedge – a strong bearish signal for further downside. 📌 Support at 96,125.2 is holding for now, but selling pressure remains strong. 📌 Projected downside target: $68,000 - $48,000 if the breakdown is confirmed. 📌 Alternative scenario: A move back above $100,000, which could lead to renewed bullish momentum. 🔥 Action Plan for Buying: ✔️ Short-term: Look to buy during dips, focusing on support levels close to recent lows. ✔️ Mid-term : Use a dollar-cost averaging strategy if a larger recovery is expected, while managing risk as the market stabilizes. ✔️ Long-term : Wait for clear signs of recovery on charts and macroeconomic conditions before making bigger moves. 📉 Bearish Scenario (Primary Outlook): Further Decline Expected If BYBIT:BTCUSDT.P stays below $95,000 - $96,000, expect an accelerated downtrend: ✅ Target 1: $88,000 – first major support zone. ✅ Target 2: $72,000 – level where the market may seek balance. ✅ Target 3: $48,000 – critical zone, where BYBIT:BTCUSDT.P may form a bottom. ✔️ If BYBIT:BTCUSDT.P breaks $95,000, short remains the main scenario. ✔️ Confirmation: Increasing volume on the sell-off. ✔️ Caution with longs – no clear reversal signals yet. 📈 Bullish Scenario (Alternative): Reversal Possible If BYBIT:BTCUSDT.P holds above $96,000 - $97,000 and breaks $100,000, a bullish continuation is possible: ✅ Target 1: $104,000 – nearest resistance. ✅ Target 2: $110,000 – major liquidity zone. ✅ Target 3: $120,000+ – potential new highs. ✔️ Long positions should only be considered if BYBIT:BTCUSDT.P confidently holds above $100,000. ✔️ Confirmation: Sharp increase in volume and a strong bounce off support. ⚡ Final Thoughts: ✔️ The drop from $107,673 to $96,150 over the past months suggests a mix between a local correction and the potential start of a deeper downtrend. The next move will largely depend on whether BYBIT:BTCUSDT.P can hold above key support levels and reclaim major liquidity zones (~$100,000–101,000), turning them from resistance back into support. ⚡ Critical Moment for BYBIT:BTCUSDT.P ! ✔️ BYBIT:BTCUSDT.P is sitting at its final major support zone – the coming days will determine its fate. ✔️ Sellers remain in control, but the market still has a chance to regain strength. ✔️ A break below $95,000 could accelerate the drop, while a move back above $100,000 could reignite the bull run. 🚀 A major move is coming for BYBIT:BTCUSDT.P – stay ready! 🔥
by MoriartyTrading
Bitcoin's Inverse Cup and Handle – Bearish Breakdown Ahead?As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) at least dropped to the Support zone($96,150-$94,700) . If we look at the Bitcoin chart in the 15-minute time frame , we will see that Bitcoin is completing the Inverse Cup and Handle Pattern ( Handle of this pattern is being completed). As I said in the previous post, $96,700 is important for Bitcoin. Bitcoin is currently moving below this level , which could mean that the Inverse Cup and Handle Pattern can work for Bitcoin. Educational tip : The Inverse Cup and Handle Pattern is a bearish reversal pattern that forms after a downtrend. It resembles a cup shape followed by a small consolidation (handle) before a breakdown. A breakdown below the handle confirms the pattern, signaling a potential downward move. The price increase in the last two or three candlesticks (in a 1-hour time frame ) was NOT accompanied by a large volume , and this can strengthen the theory of completing the handle of the Inverse Cup and Handle Pattern . I expect Bitcoin to attack the Support lines and Heavy Support zone($93,300-$90,500) AFTER breaking the Neckline of the Inverse Cup and Handle Pattern . Note: If Bitcoin succeeds in breaking the Resistance line and stabilizes above $96,700, we can hope to break the Descending Channel, And the CME Gap($97,845-$97,110) will also be filled. Do you think the Inverse Cup and Handle Pattern will work? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
19
Bitcoin Stuck in a Range—Breakout or Breakdown Next?Bitcoin ( BINANCE:BTCUSDT ) started to rise as I expected in the previous post but once again failed to break the 50_SMA(Daily) . In general, Bitcoin has been moving in a range for more than 10 days , making it difficult for Bitcoin traders . Bitcoin is moving in the Resistance zone($100,520-$97,200) and created a Fake Break for the Resistance line . Meanwhile, it seems that Bitcoin has succeeded in forming a descending channel , and the falling wedge pattern has failed for me (in the previous post). Another point is that during the last 10 days , the most Bitcoin trades were around $96,700 , which number can play an important role in determining the direction of Bitcoin and can be an important support and resistance level for us . Regarding the Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) . An hour ago, Bitcoin managed to complete the microwave C from the main wave Y. It can be one of the signs of the completion of microwave C , which is a fake break . I expect Bitcoin to attack the Support zone($96,150-$94,700) again AFTER breaking the $96,700 level , and this time, it has a higher chance of breaking this zone, and if this zone breaks, we should wait for Bitcoin to decline to the Support line . Note: If Bitcoin can touch $99,000, we should expect Bitcoin to rise further and possibly break the Resistance zone($100,520-$97,200). Note: Generally, the trading volume is low on Saturdays and Sundays, and the chance that Bitcoin will go out of the range in the next two days is low, although it is not unlikely. When do you think Bitcoin will leave this range (upward or downward)? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
12
Bitcoin’s Falling Wedge Pattern Breakout—Next Stop: $100K?Bitcoin ( BINANCE:BTCUSDT ) started to fall after US indices(Core CPI m/m_CPI m/m_CPI y/y) were announced but rose again. One of the reasons for the rise of Bitcoin in the previous minutes was Trump's speech , which talked about negotiations with Russia ." Trump: Putin and I agreed to have respective teams start negotiations immediately ."= The possibility of the end of wars , in general, can increase investment security. After several attempts to break the Support zone($96,520-$95,720) , Bitcoin failed to break this zone and created a Fake Break . Bitcoin is above the Support zone($96,150-$94,760) and near the upper lines of the Falling Wedge Pattern . Regarding Elliott wave theory , Bitcoin seems to be completing the Double Three Correction(WXY) as the main wave X was completed minutes ago . I expect Bitcoin to break the upper lines of the Falling Wedge Pattern soon and rise to the Targets I specified on the chart. Note: If Bitcoin goes below $93,800, we have to wait for an attack on the Heavy Support zone($93,300-$90,500), and there is a possibility of a heavy fall in this situation. Do you think the Falling Wedge Pattern will eventually increase Bitcoin? Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
24