BTC possible scenariosThe second support hit was successful and the orders at 38,500 were swept away by momentum. Waiting for the final with a trip to 36,500.
Perhaps it will be through a local rebound, let's see, now there is too little positive in the markets.
Judging strictly by the charts, almost all indices except the dollar index now have "problems".
For example, the S&P 500 has corrected decently and is trying to show growth, but if there is another wave down with new lows, then the bulls will be cooled down for the next month or even more.
Btc_usd
BTC: A SECOND CHANCE TO BUY BACK BEFORE THE RALLY OR A BIG DUMP?Hey guys, I hope you all are doing great. Here's a quick update on BTC and the market.
BTC is back in the support level after getting rejected from resistance level 1. Can we consider this as a second chance to buy BTC at the bottom before the higher rally? Well, for this we need to look for confirmation and that would be a bounce back from the current support level.
I am accumulating BTC at this level and will accumulate up to $37.7k. If BTC breaks down and closes below that level then I will exit all my positions. Looks like this coming week will be good for BTC and other altcoins. The only level we need to keep an eye on will be the present support level at $39k.
BTCUsdt Harmonic + POC + Trendline + Golden Ratio BTC UPDATE:
1) BTC has broken down the trendline support and closed at 39.3K.
2) Currently BTC broken down the 0.618FIB level ( GOLDEN RATIO) and if deviation happend its will flip .618 level and we can expect a bounce again from this zone zone to 40.5K and then 41.6K zone.
3) i am expecting for 38.5K.
4) PRZ ( POTENTIAL REVERSAL ZONE) will remain the same which lies between 38.7K-37.7K.
5) Bearish BAT is also farming but its too early to consider it.
6) POC level is also at harmonic PRZ...
#Bitcoin Forming Bearish Flag Pattern#Bitcoin Forming Bearish Flag Pattern on 1 Hours Time Frame Chart - Bitcoin Red Alert!!! 🚨
Bitcoin Fear and Greed Index is 24 — Fear
#Bitcoin and #Ethereum will reach new all-time highs within this year.
- Alex Mashinsky
The great depression is coming, so don't forget to buy the #Bitcoin dip…
MACD line slight divergence from signal line; still no bullish cross (1D)
TESLA still holds $1.6 billion #Bitcoin. 💥
Wen Green, Buy BTC$BTCUSD BTC chart with alternating repeating channel widths. I've used this for many years and figured I'd finally share the love. It's weird you know, it's almost like a bunch of math nerds designed the mean long-term behavior patterns of the chart, almost looks protocoled. Must be a coincidence.
@RCD
Wen Green Range?$BTCUSD BTC chart with alternating and repeating channel widths on log scale. I've used this for many years, with buy zones whenever price enters green price channel or green RSI area. Figured I'd finally share the love.
It's weird you know, it's almost like a bunch of math nerds DESIGNED the long-term behavior patterns of the price chart...almost looks protocoled. Must be a coincidence.
@RadCryptoDoc
I AM INCREDIBLY BULLISH ON #BITCOIN 🚀If we take a look at the 4-hour timeframe, we can see that Bitcoin was struggling to break above $41,300 for the past ten days. The price has already closed several candles above the mark and has flipped this resistance level into support. The next major area we are watching for BTC right now is the $42,800 mark.
BTC is ready for a new move !BTC / USD
This is a quick but simple update !
BTC faces 42k resistance
the buyers still hold the price tight above the lower line (by candles closure )
Overall the market is trading in range of this channel since start of 2022 (almost 5 months ! )
WHAT NEXT ?
–As long as the daily candles still close above this line the situation is bullish toward 44k 46k 48k ++
–If daily candle closed below it expect the price to hit 37k
What do you think ? share in comments section below
#Bitcoin Extremely Bullish #Bitcoin Extremely Bullish On The Daily Chart!
The recent drop in price formed a hidden bullish divergence with the MFI.
This signifies that the bottom is in or very close.
Momentum is shifting back in favor of the bulls; the next leg will be explosive.
#Bitcoin Daily Bullish MACD Cross Looming!
#Bitcoin Pumping Exactly Like Predicated!#Bitcoin Pumping Exactly Like Predicated!
#BITCOIN BULLISH BREAKOUT! 🔥👇
#BITCOIN we’re breaking our bullish pennant 😎 we could also see an bullflag, whatever th hey are both bullish pattern 🚀
#BTC PRICE TARGET: $42,7K
Bitcoin (BTC) Price Bullish Divergence on the 4-hour Timeframe!
BITCOIN LONGS 📉📉📉Expecting bullish price action on BITCOIN as price takes out all the sell side liquidity below the old lows and then quickly reversed. We have a big RSI DIVERGENCE on the H4 suggesting the negative correlation between the price and the math behind the chart meaning the bullish reversal should occur. BTC has a lot of bearish imbalances that were left behind that price should close asap.
Targets into 43-44k.
What do you think ? Comment below..
#Bitcoin Bulls Fighting For A Reversal!#BITCOIN BULL FLAG!
BTC just had a swift V-shaped recovery, breaking above the pennant's apex.
Bullish confirmation: 1D Close 41.6k
#BTC $BTC
#BITCOIN HISTORIC SIGNAL! 🔥
#BITCOIN BULL FLAG!
Whenever Bitcoin fakes out to the lower side of the uptrend, we tend to start major market rallies.
Wouldn't be surprised to see the exact same play out for #Bitcoin once again! 🚀
BTC 4/11/2022First thing I have to mention is my channels, the top one to be exact, these past two weeks while we were trying to breach the top channel I thought we broke it with a 46k + new support close but there's a strong line at 48k and the channel deceived me i updated the bottom of the channel to 48k and the top of that channel stays the same at 65k (:
Left chart:
with the start of the month; April 1st, new support came in at 8:30 UTC
The pink/red circle is the newest resistance/support @ 45,300 (orange dots)
It's pretty big also its really close to 46k aka the second strongest line (first strongest line is @ 34k)
( side note... this is just a thought but maybe this is a monthly play, monthly closes above 45.3k then dips to find monthly support with a pull back before months close..... just a thought)
The white circles are the weekly closes…..
The first weekly close looked good, closed on top of 46k + 45.3k then the weekly right after closed horribly @ 42.6k
That close ruined everything
Right chart:
Weekly chart, hitting the top of the ichi cloud…. Really close to the top of the bottom channel
This chart sadly shows a top made at the bottom of the top channel
At the moment we're in and closed in no man zone (46k - 40k). I'd like to see a break of one of the channels before I pick a side…. And I mean a weekly close breach…. Sorry
General:
Look at these support lines
@ 38.5k
@ 36.3k
@ 34k
@ 31k
Look to break these resistance lines
@ 48k
@ 53k
@ 56.2k
@ 65k
+ Because of the new line @ 45.3k I'm sure it will show strength +
I don't have much to say except state facts but this is documentation of how these lines fail too
good luck be safe