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SasanSeifi 💁‍♂️BTC.Watching Key Levels for Potential Breakouts❗Hey there, buddy!✌️ By examining the chart in the daily timeframe, as you can see, The price has been moving back and forth between $31,000 and $29,500, showing a consolidation pattern with decent trading volume. It's crucial to keep an eye on the support level at $29,500 to see if it holds. Now, here are a couple of scenarios to consider: Scenario 1: If the price breaks below the liquidity range, confirms a sell signal, and drops below the important support level of $29,500, we might see a correction towards $29,000, $28,400, and even $27,400. It's important to see how the price reacts to these support levels to understand the next move.💹 Scenario 2: On the flip side, if the price manages to break above the strong resistance levels at $31,400 and $32,000 and stays above them, there's a chance for further upside towards $34,000 and $36,000.💹 ⭕️Remember, this analysis is for informational purposes only and shouldn't be considered investment advice. Wishing you loads of success in your trading adventures, my friend!✌️ ❎ (DYOR)...⚠️⚜️ 🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
Last Few Pumps before decision time 13.8k was the top of this bull run now slowly will most likely go back down to 7.5k , it will take some sort of huge man made pump and manipulation to bring the market back up for a trend reversal at this point so we have few more pumps left before end of sept where the decision will be made by the whales to bring it down for one final gain or pump it up chances are it will come down i got a sell indicator on the weekly chart 6 weeks after the 13.8k man made crash guess whens the last time i had that sell indicator on the weekly 6 weeks after 19k crash in dec 2017 so i think its was a nice run but its time to short this bitch down , last week of sept will be the deciding factor on where it really goes and closing the next weekly candle above 11.5k is a must really for any hope if not 90% on short 11.650-11.8k Short x50 down to 7.5k 70% chance.
COINBASE:BTCUSDShort
by Sporia
Bitcoin, Horned by the BullsI have been meaning to post this chart several days ago because the weekly printed as a horn pattern a form of double top, which is a reversal pattern. The price objective of this pattern is 5800, and the confirmation of this pattern is a close below the low of the horn which is ~9600 and it appears like it might do that. There are several obstacles for price objective to hit, the biggest one in particular is 7000 there is a big chance that the price will consolidate around 7000; and if 6000 is hit then I would claim that as the price objective has been met. For More information on the horn pattern: thepatternsite.com Previous analysis:
COINBASE:BTCUSD
by CuddlyCuddles
Will BTCUSD see 20K again!?!?!For now it seems the trend is ascending but after the breakout bulls stopped to buy for a while and so an inside bar pattern formed that shows us there is a consolidation in lower time frame is happening. Also it tells us still nobody won the battle between bulls and bears but we can find it out if the price close above or under the high or low of the mother candle. I believe that bulls might win the battle and the ascending trend will continue but if you wanna enter the market the best entry would be above the mother candle and stop loss would be around the lower of it.
BITSTAMP:BTCUSDLong
by Apeioum