The price is breaking out its downward trend line while above support zone between 60k-65k The RSI is confirming price action as it has rebound from 40 and is back at the bullish zone, just as it did back in september of 2023 Lets see if CRYPTOCAP:BTC still has legs and makes a new high above 72k to all-time-highs
This is the scenario I will be expecting on BTC for the few days We wait a little bit correction to the daily OB below and sweep the liquidity above Follow for more market update and trade setup
Bitcoin has formed an ascending triangle pattern, and the price is currently testing a key horizontal supply zone. This level has historically acted as a resistance area, making it a crucial point to watch for a breakout. The triangle's upward trendline shows steady buying pressure, with the price making higher lows. Bitcoin is trying to break through this...
CRYPTOCAP:BTC #BTC $65,789 resistance came in effect as expected, called the upside on point and just about 8 hours before it went BOOM! $68,546 resistance now in effect, tested once and resistance still holding, $66,961 current support which has been tested already, same has played as key support several times before, previous 1D closed weak, while volume is...
The Bitcoin (BTC/USD) is reacting off the pivot which lines up with the 161.8% Fibonacci extension and could drop to the 1st support level which acts as a pullback support. Pivot: 67.990.52 1st Support: 66,408.69 1st Resistance: 69,468.14 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
The WIF/USDT pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Days. Key Points: Sell Entry: Consider entering a short position around the current price of 2.61, positioned close to the breakout level. This...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTC.D 1M chart) BTC dominance is rising above 58. The point to watch is whether it can face resistance in the 55.01-62.47 range and fall. If it rises above 62.47, a strange market where...
📌 Trading Instrument: BTC/USDT 📌 🔶 Key Levels in Focus - Bullish and Bearish Scenarios 🔶 📝 Market Overview: Bitcoin is currently positioned at the top of its ascending channel, showing weakness in the recent 4H doji candlesticks, which often signal indecision in the market. The Elliott Wave (EW) count indicates the completion of a 5-wave upward move,...
Reaching out. Touching Me. Touching You. (Finish it) CRYPTOCAP:BTC
✅BITCOIN is going up nicely But the coin is locally overbought So after it hits a falling resistance Above we will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
#BTC was/is in a mild correction or consolidation phase. The RSI stayed above 50 which is VERY GOOD. Money flow remained in the overall scheme of things and still looks good. IMO this looks similar to #BTC during the 2018-20 setup phase. (Opened the chart to a weekly for a better view) But don't think we get a harsh dip like in mid 2020. #Bitcoin #crypto Pls see...
CRYPTOCAP:BTC is currently trading above the highs of last bull run. #BTC was here yesterday but it gave it back and rolled under. A lot of resistance in this area. How will it do today at close? Still in a downtrend but this is the best #bitcoin has looked when testing the upper part of the channel. Weekly it is looking great. ALMOST THERE!!! A little bit...
when BINANCE:BTCUSDT is approaching key resistance levels like $70,000, it signals an important moment in the market. Bitcoin historically follows patterns where breaking such significant resistance points can lead to rapid price appreciation. In this case, if BTC successfully breaks the $70K barrier, we could realistically see it climb towards $90K or even...
Cup and handle patterns can be seen in the Bitcoin chart and in the weekly time frame According to this pattern, we can guess the price target of 130 thousand dollars. Of course, provided that the handle line is cut upwards, which is highly likely I hope traders don't forget the stop loss
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investing in cryptocurrencies is highly volatile and speculative, and it is essential to conduct thorough research before making any investment decisions. Bitcoin (BTC), the pioneering cryptocurrency, has exhibited a remarkable surge in recent days,...
Wave 3 on BTC has started, but I see price coming back below the last minor low of $64,700 before any further upside. I see price coming back lower for a retest & a liquidity grab. Good buying opportunity between $63,500 to anywhere down to $61,000. You have to be generous with your SL in these choppy market conditions & use strict risk management.
Market Context: KAS has retraced into a strong support zone, offering a solid opportunity to enter a spot trade position. Trade Setup: Entry: Ladder into a spot trade between $0.13 - $0.133. Take Profit: First target: $0.15 - $0.157 Second target: $0.17 - $0.18 Stop Loss: Just below $0.125. This setup takes advantage of the support zone for a favorable...
Market Context: BCH has broken out of the daily descending trend and is now retesting the breakout, creating an excellent opportunity for a long spot position. Trade Setup: Entry: Ladder into a long spot position between $350 - $365. Take Profit: First target: $430 - $460 Second target: $500 - $530 Stop Loss: Just below $330. This setup leverages the retest of...