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Bitcoinsigansl

BITCOIN ( SENSITIVE AREA ) ( 4H )BITCOIN HELLO TRADERS Tendency the price inside a sensitive area TURNING LEVEL : a black line between resistance and support level around 59,222 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a green line above turning level around 61,964, indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin SUPPORT LEVEL : there is a red line below turning level around 56,702 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin PRICE MOVEMENT : the price trading a sensitive area , generally stabilizing below turning level , indicates the price has taken a bearish SHORT CONDITION : the price trying to reach a turning level around 59,222 , before dropping to touch a support level at 56,702 , then breaking this level reach demand zone at 54,321 LONG CONDITION : after breaking a turning level by open 4h or 1h candle above 59,222 , the price it will attempt to reach a resistance level at 61,964 , then breaking this level reach a 64,179 TARGET LEVEL : RESISTANCE LEVEL : 61,964, 64,179 SUPPORT LEVEL : 56,702 , 54,321
BITSTAMP:BTCUSDShort
by ArinaKarayi
1
BTCUSD Update | Long Term Buy "I'm considering a long-term buy on BTCUSD. The reason for this is that on the daily chart, it recently hit a Buy-Side Liquidity (BSL) zone at around 31,200 and experienced a significant drop. Currently, it's approaching the Sell-Side Liquidity (SSL) zone at 24,792. I anticipate that it will either bounce back after touching the SSL or after completing a retest. The Daily COG line is at 23,032, and it's close to the Warm Hole(WH), which adds to my confidence in this trade. Therefore, I'm looking for a buying opportunity during this dip. Please let me know what you think about this idea in the comments, and if you find it helpful, please support it by hitting the like and follow buttons."
BINANCE:BTCUSDLong
by Gravity-Traders-Academy
2
BITCOIN is massively undervalued and here is why.On this 1W time-frame analysis we make a case why Bitcoin (BTCUSD) is massively undervalued in relation to a technical factor as well as the effect that the U.S. 10 Year Government Bonds Yield (US10Y with the black trend-line) and the U.S. Dollar Index (DXY with the green trend-line) have. Bitcoin's rise this week may come as a surprise to most but it is no coincidence. The 1W RSI has been on Higher Lows since the mid-June 2022 Low, while BTC has been trading on Lower Lows. This is a technical Bullish Divergence and a lengthy one. The times the 1W RSI prints Higher Lows sequences that low, have always been Bear Cycle Bottoms. At the same time, we see the US10Y and the DXY (aggressively) decline simultaneously. The previous four times this happened were on a Bitcoin (aggressive) rally phase. The fact that we get those two occurrences taking place at the same time, simply shows the underlying strength on the market at a level that macro-economically is treated as a market Bottom. Possibly indicating that if it wasn't for last year's fundamental crashes of FTX and LUNA, the price potentially would have already been much higher, showing how deeply undervalued BTC is right now. Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
3