Technical analysis of the Bitcoin/US Dollar 4H chart by Blaž Fabjan BTW: My previous analysis was accurately forecasted. Technical Overview: Descending Trading Channel (Past Trend): The chart shows a previous descending trading channel that occurred in August and early September. During this period, the price was continuously making lower highs and lower lows,...
The white lines on the chart appear to indicate resistance levels, connecting the recent highs over the past months. The price has struggled to break above these lines multiple times. The yellow circles mark significant points where the price approached or tested the upper resistance, but failed to sustain a breakout. These points often signal rejection from...
BTC 1day looks bullish af right now and CT is lit with Bitbulls I am one of them but I can't get it out of my mind that 'they always take her down before mega up only' So it would be fitting here that we see some more up maybe to range highs striking a sixth lower high in a row with 4 lower lows to make the bull flag bullish af pattern before the nuke back to take...
#BTC #Bitcoin #Update #Short #Setup #Eddy Bitcoin is ready to move to the 15th Setup, this is the short setup, don't forget to get approval and risk and capital management, full details are available in the latest Bitcoin update, please read. Related Analysis & Setups of Bitcoin : (( BTC/USD )) : Check Link :
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- The current situation is showing an overheated state of all time. Accordingly, there seems to be a possibility of a sharp change in the StochRSI indicator. Since it touched the expected...
what do know.? nothin -- just something i observed on the btc chart..
A little more than a week ago (September 17, see chart below), we made clear that if Bitcoin (BTCUSD) broke above July's Lower Highs trend-line (the Descending Triangle's Top), it would be a major bullish break-out for the long-term: And so it did and today we witness another strong daily rise as the price broke above the August 25 65000 High, cementing and...
Market Context: AR is showing strength at current levels after a proper breakout, now retesting the broken resistance. With AI performing well, this presents a high-conviction trade opportunity. Trade Setup: Entry: Enter a trade around $22.5. Take Profit: First target: $28 Second target: $35 Stop Loss: Below $20 ⚡ The breakout and retest setup indicates strong...
Given the recent rise of #Bitcoin in the weekly time frame and reaching $65,000, as expected, strong support was established at $52,750, and the price did not break below $49,000. In this scenario, the short-term targets for Bitcoin are at $67,700 and $71,800. Additionally, based on previous analyses, Bitcoin's mid-term target is $80,000. With the upcoming...
My thoughts on the crypto market looking at the HTF to the LTF setups playing out in these lows in altcoins. Im thinking we capitulated into HTF key demand levels and SSL in August for the august monthly candle leaving a large downside range in most pairs creating the sellers climax (SC) event with huge volume nodes and wicks, starting the initial phase of the...
Bitcoin is moving in the Resistance zone($64,140-$63,820) near 200_SMA(Daily) , and it seems that Bitcoin failed to break 200_SMA(Daily) for the second time . According to the Elliott wave theory in the 15-minute time frame , Bitcoin seems to have finished main wave 3 ( extended wave ) and is completing main wave 4 . One of the signs is the...
Morning folks, So, the plan that we've prepared last week mostly stands the same. In fact, BTC has decided first to complete upside nearest AB=CD target, and starts retracement second. So, although we were waiting for pullback on previous week, it is starting only now. Here, on 1H chart you could see potential H&S pattern. We do not call you to trade it,...
Historically, the DMI cross has helped confirmed a change in the trend CRYPTOCAP:BTC has been forming a 8-month base at resistance levels The -DM has been above the +DM for 8 weeks Still price is king, let's see if the digital gold can catch up with the fisical gold AMEX:GLD
In today's analysis of Bitcoin, we mentioned the most important resistance from the successive attacks of this digital currency. Even though Bitcoin reached its most important resistance, we did not see much retreat from this currency, and this can be a sign of hope to break this important resistance. The support ranges of Bitcoin are the prices of 62,000 and...
Btc can countinue range between 64600 and 62700 until NewYork session get open
Looks like BTC is heading to break the 64000 zone once again, and retest the recent highs. I've marked the resistance levels where the price might slow down or struggle to break. BTC is respecting the channel and in my opinion it might retest the high of the channel and try to break 65000 if we successfully break 64500 levels. Let me know what you all think....
This analysis is an update of the analysis you see in the "Related publications" section Considering the bullish appearance of altcoins and Bitcoin, there is a possibility of a new H in Bitcoin and we are not looking for a sell/short setup at the moment. The correction pattern appears to be a symmetrical one that is over. From where we placed the green arrow on...
BINANCE:BTCUSD is forming a bull run amid a 0.5% cut in US interest rates, but investors' fervor may be cooled quickly enough by new economic news. The situation is not as simple as it seems.... It's also the most likely scenario We need to be careful as the price is approaching a conglomeration of strong resistances. Pressure could come from both the 65K...