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BTC/USDTRight-Angled Broadening Wedges come in two varieties, ascending and descending. They consist of a horizontal trend line and a sloping trendline. The Ascending Right-Angled Broadening Wedges (ARABW) have an ascending trendline above the horizontal trendline with price action in between. The Descending Right-Angled Broadening Wedges (DRABW) have a descending trendline below the horizontal trend line with price action in between. With both versions, the price broadens over time. Prices should be seen to touch both trendlines twice. Two touches to form the horizontal trendline and two touches to form the sloping trendline. Breakouts from these two patterns often follow a partial rise or a partial decline.
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by majidalisabir
Bitcoin 10days Cheat sheethey everyone hope you all are doing good . i am using oscillator this time to find bottom and and i believe we have already made bottom and we could wait until july-august for another final bottom before making new highs . you can see the bottom was found around -14, -18 , -10 , -21 & -15 but final bottom i expect to be near -25 after it we will see new highs but until then i have made a cheat sheet of btc price action which can help you all for intraday levels as we going to consolidate until july. Good luck
COINBASE:BTCUSD
by FxSniper_
Bitcoin Daily Chart Update Hi Traders, Here's my view for Bitcoin in the next few days; if we don't break the Red Box with a Daily close above 46k, I think we will have a new Bottom at one of the mentioned area in the chart! $31k ~ $28k. This scenario will fail once we close daily above $46k. Entry would be at the mentioned levels, or after a Daily close above 46k! NFA, DYOR, and Good luck everyone. Let me know what do you think in the comments! smash that like button if you like the Idea!
by ScalperDotCom
$BTC Update 15m Chart - Fake Pump? Will Continue or reverse?Hi trader, this is an update to the last Trade Idea for #Bitcoin, There is a possible Adam&Eve Forming which lead to the 40800$ level if the pattern successefully confirmed. If you bought at 41700$ I suggest Moving your StopLoss above your entry, or at Break-even, or even taking some profits. Remember, the pattern may fail, if this happens and we break the 43400$ Level, then I will be buying with a StopLimit too at 43400$, second entry confirmed with a stoploss at 41600$ (1H close below 41600$). DYOR, & Good Luck. Let Me know what do you think in the comments! Press that Like button too.
by Mouatazz
Which Way BTC ⁉️BTCUSDT | Weekly: One major lesson this week is looking at Bitcoin bigger picture. See what the macro charts are saying, they give clearer path, and predict possible drops or rise. The recent drop was clearly inevitable based on these macro data. Before we see another ATH for bitcoin is estimative 21-24 Weeks out. 5 - 6 Months out. That is definitely Year 2022!! ANALYSIS: ** Golden pocket bounced nicely in last drop ** Confluence at these area with weeks-long old support ** Short-time move upward was rejected at the "mild resistance" //MA 20 confluence ** Bitcoin is expected to continue consolidation in the current range Worst Case Scenario: ***** Because Bitcoin is a play tool for the whales, I do make allowance for exceptions ** If GP , current Support is broken by any means, Fib .786 is the ultimate reversal point. This is at $37k BTC . It will be reasonable to trade smaller TFs this period for day traders . HODLers will have to wait long time for another ATH. Follow 🚶 @CryptonKidd for unbiased analysis and insights on Altcoins. Check linked analysis on former analysis where I warned of this crash danger:
by CryptonKidd
Btc chart close to whalesIf btc cant hold this support then our important support is 42700 to 41900... This is very important support... And in this chart i see two patterns both is in weekly time fram... Both are very BULLISH patterns one is bull flag and second is sematrical triangle... But for now very important to hold 4300 to 4400 area if this area is broken then last important area for us is 42700. To 41900... Don't do any big long for now...see price action on that area how it's going...after that take long with full risk management... And also Do your own research...
by cryptopointpkk