hello guys... let's look at that what happen to btc before, this coin made a double bottom pattern and touched the target of this pattern very well, and at the same time, the price hunt the DP! so we can consider another upward movement! now this coin made a Quasimodo pattern so if the price retraces to the upper blue area we can enter to a long position. the...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ I decided to re-enter the scalp-short 20% of the deposit. Technical: the price has come out of the "bullish wedge" which may give a slight rebound to $29,850-30,000. I'll put a limit order in case of a squeeze. Deal plan: ▪️Entrance -...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D. The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from...
After a big correction in price and time, it can gradually become ready for growth in the short and long term check
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) Previously the priceline moved slightly down than buying zone, however, recovered soon and pumped almost 25%. Now on 4-hr frame, BTC has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify...
Price structure on the short term is bearish while the broader price structure continues to be bullish. Sound confusing? Traders who fixate on smaller time frames are often blind to the probabilities and potential that is present on larger time frames. This is what usually leads to many to getting caught on the wrong side, and in this case, the wrong side is...
Typical weekend scam pump? Looks to be hitting trendline resistance. Unless you get some sort of confirmed breakout above I wouldn't be getting into longs based on this early green this morning. Though I would LOVE to be proven WRONG and have this take off as i have plenty enough longs myself on proxy plays to make it great. I just don't see this really going...
At present, Bitcoin has shown a lack of strength to break past the resistance level of $29,567. This struggle could likely lead to a downward correction to the $29,000 range, testing the established support level. The market's reaction to this level could be a critical determinant for Bitcoin's next move. A strong positive response could potentially trigger a...
Several bullish patterns! Slowly showing what patterns are in play here. Difficult to trade if you are new, but starting to make sense for someone who has been trading for several years. This will likely rip up as previously stated. That Batman pattern is not my imagination but an actual pattern traders use It is similar to a Head and Shoulders pattern except that...
Please like and follow if you enjoy this analysis. As the title suggests, I've found another indicator which confirms my idea that the bear market is over and that BTC will not make new lows. As seen on the chart, the time between the bear market bottom and the halving appears to be 75/76 weeks. This was the case for both the 2015 and 2018 bottoms. Amazingly...
Bitcoin has managed to form a Descending Channel after breaking the 🟢 support zone($29,850-$29,480) 🟢. Over the past two days, Bitcoin has been completing a pullback to the broken 🟢support zone($29,850-$29,480)🟢. Bitcoin is currently near the upper line of the descending channel . 🔔I expect Bitcoin to continue its downward trend in the next few hours . ...
Seems Like Getting Ready For Massive Recovery Formed Falling Wedge In Daily Tf & Expecting Breakout Incase Of Breakout expecting 50 to 60% Bullish Move keep Eyes On Breakout For Good Entry
The trend shows an interesting view for Doge. The big question is if Doge is going to break out unexpectedly since some patterns show an important trend signal that is able to break out in a breakout confirmation. The zone where Doge is now is the previous zone of increase. Interesting to follow and to see if we are going to get an unexpected low time frame...
Traders, These lower prices have been causing some anxiety among traders. Is Bitcoin about to drop even lower? Could it even fill that BTC CME Futures gap at 20k? Well, as you know, anything is possible. But we’re about trying out best to find price movement with the greatest probability. And so, that is what I’d like to look at today. First off, let’s rule out...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. When we unfold the trend based fib extension grid, we see that the first support is at $29232, then we have strong support at $29148 and the third at $29042. Looking the other way, the first resistance the price is below...
This chart plays into previous Bitcoin cycles but more importantly it showcases the similarities of the 2013 & 2018 cycles and questions the case for 2022 of "Where's the Bullish Divergence?" The MFI (Money Flow Index) Indicator which incorporates the RSI + weighted volume shows that in all of Bitcoins 3 past cycle bottoms we have seen the MFI at an all time low...
Bitcoin has been trading around the 50-day SMA for the past three days. As long as it stays below $30,000, prospects of more downside are real, especially as MACD performed a bearish crossover through the midpoint on the daily chart, which is a highly bearish development. Nonetheless, we would like to note that we are still missing confirmation from DM+ and DM-,...