Btc-usdt
KNCUSDT → Strong consolidation after a resistance break KNCUSDT forms a breakout of range resistance. But this maneuver came at the time of correction of bitcoin and the whole market, so these nuances restrain further growth of KNC.
The coin after the resistance breakout forms consolidation in a narrow range, forming a strong support area below 0.600 and a strong resistance at 0.750.
The moving averages are also indicating lower volatility and a period of consolidation.
Price is forming multiple retests of the strong resistance area, I think that with positive leverage from bitcoin and more positive market sentiment, price will still break that area.
Strong support: 0.650, 0.600
Strong resistance: 0.750 (breakout strategy) 0.850
I expect that the price will continue to test the resistance at 0.750 and after the next attempt it will still be able to break it and will start to realize the accumulated potential.
Regards to R. Linda!
🔥 Bitcoin's Worst Case Bullish Scenario 🚨Back in January I made an analysis on Bitcoin where I argued that the bottom was likely in. I used the support drawn on the chart as one of my main arguments. Seeing that this support has dictated BTC's price action for nearly 6 years, it's definitely one you should keep an eye on!
Seeing that there's a lot of bearish views on the market lately, I want to take a look at the worst case bullish scenario.
In my eyes, this would be a move towards the dotted purple support. A break below this point would break a 6-year market structure, which would be very alarming 🚨.
As long as we will not get a full-on stock market crash, I don't see BTC falling below this support, thus staying long-term bullish.
I don't see BTC revisiting the bottom support at this point in time. I'm first looking at the 25,000 area as explained in my Elliot Waves analysis below. Nevertheless, it's important to consider different scenario's and outcomes.
MIDTERM TRADE ON DOGE The trade will be updated in conjunction with price development
Warning: These trades reflect my trading history and are not investment advice and I am not your financial advisor
Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... Good luck to all
🔥 A Simple BTC Guide On How To Sell The Top And Buy The BottomPeople say that timing the market is difficult. But is it really?
The monthly Bitcoin RSI seems to be following a very predictable pattern since its inception back in 2011. Actually, the pattern is so predictable that we can draw a perfect channel onto it.
Bitcoin tops around the time that the monthly RSI hits the top resistance, and bottoms once it hits the bottom support. Sure, you won't catch the exact top or bottom, but neither do 99.999% of traders.
If you will buy around the area where the RSI hits the support and sell around the time the RSI hits the resistance you will still be outperforming the vast majority of traders.
For the next cycle, I'm simply going to assume that we're going to top somewhere around the time that the monthly RSI hits the top resistance.
What are you favorite top / bottom indicators? Share them with the community 🙏
BTCUSDT.1DAs we predicted in our last analysis, the price could not move based on our prediction and it couldn't fix over its trend line and faced a fall. This caused our scenario to succeed and we received whole the expected profit amount in the market. At the moment, we observe a cup pattern in the daily time frame and via the precise prediction of our team, the price is able to fall a little toward S2 and then by being supported and breaking R1 upward, the handle of our pattern would be completed and the price will be on its rise toward R2 and R3. But in case the price moves below S2, and fixes there, our scenario fails and more decline is there for Bitcoin.
#BTC | #Usdt#Btc | #Analyse | 1D | #NUM_A24
Bitcoin is in a bullish channel on the daily time frame
Currently, the midline of the support channel and a strong daily static resistance is located in the region of 32707~31245.
The daily momentum is upward and the trend is also upward
As we said in the previous analysis
If the price rises to the resistance areas that we specified in the chart, you can look for sales setups
My statistics - 10 possitions +1152% ROE (BTC/ETH/ALTCOINS) 1 -trade deal 102.8% ROE with 20x
TRXUSDT - Optimal option for position with PWH. LFT Confirm
TRXUSDT - Profit 102.8% achieved take profit. DONE
2 -trade deal +223.2% ROE with 20x
BTCUSDT - will there be a breakdown of the 30000 level?
RESULTS Long
3 -trade deal +103% ROE with 20x
LITUSDT - optimal entry point search!
RESULTS
4 -trade deal +69.3% ROE with 20x
ICPUSDT - Considering an entry point for long possition!
RESULTS
5 -trade deal +49.4% ROE with 20x
APEUSDT - Scalp Trade idea 30m TF
RESULTS
6 -trade deal +144% ROE on 20x
ADAUSDT - trying to open LONG
RESULTS
7 -trade deal +147.2% ROE with 20x
MATICUSDT - Well goes from htf
RESULTS
MATICUSDT - achieved the ALL TARGETS +147.2% ROE with 20x
8 -trade deal +173.4% ROE with 20x
THETAUSDT - OPTIMAL ENTRY POINT FOR A LONG POSITION
RESULTS
THETAUSDT - All target DONE
9 -trade deal +52% ROE with 20x (in progress)
ETHUSDT - A lot of levels are waiting for correction
RESULTS
ETHUSDT - First TP DONE, but something is not goin (+52% ROE)
10 -trade deal (IN PROGRESS) +87.6% ROE 20x
RESULTS
I have the hope that my work for you brings profit to your wallets.
For more information, see my profile description.
#BTC | #UsdtBitcoin has three very important resistances in the daily time frame
in the areas of
01- 31245~32707
02- 37795~39020
03- 48215~50097
In each of these areas, the possibility of severe fall of Bitcoin can be expected
As a result, you can look for sales triggers in each of these resistance areas
#Btc | #UsdtBitcoin is currently in a resistance zone in the daily time frame(30183.33~29967.48), which has caused a sharp drop in the past, and can cause a price drop again.
But you should look for confirmation before thinking about the sell position in smaller time frames
And in the time frame of 15 minutes, it is in a triangle, if it breaks the support area of 29,800 downwards, a sell position can be taken, and if it breaks the triangle upwards, it can take a risky buying position.