The previous analysis of Bitcoin has not yet expired and the price is below the invalidation level. For the short term, we need to provide an analysis. After a strong pump, Bitcoin has now reached a support zone. If the red area is touched again, the price can move down to TP 1 or even TP 2. TP 2 can be said to be almost a good support. We have such a view on...
I am interested to see can 1. Positive Divergence 2. Those long wicks pushing up price Lead to a sudden short term rise in BTC price Not trading this, i have my spot position since $17k. Lets see what happens PUKA
Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has returned below the local downtrend line. After unfolding the Fib Retracement grid, we see that the price stays in the support zone from $ 29,257 to $ 28,994, however, if I fall lower, the next support is at $ 28,658. Looking the other way, we will first...
Hello everyone, let's look at the BTC to USDT chart taking into account the timeframe of 1 hour. First, we will mark the local downtrend line under which the price is moving. We will use the fib retracement tool to plot support and we see a support zone from $28996 to $28956, then there is a second zone from $28914 to $28854 and then strong support at...
Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has returned below the uptrend line. Let's start with the support line and as you can see the first support in the near future is $29542, if the support is broken then we still have a support zone from $29342 to $29220. Now let's go from the resistance line,...
Hello everyone, let's look at the BTC to USDT chart in one hour time frame. As you can see, the price has broken out of the local downtrend line. After unfolding the trend based fib extension mesh, we see that the price has bounced off the strong resistance at $30,442, and when it breaks the next resistance is at $30,550. Looking the other way, we see that the...
Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price is bouncing off the local downtrend line. After unfolding the trend based fib extension grid, we see the first support zone from $30,309 to $30,138, and then the second support zone from $29,856 to $29,658. Now let's move on to the resistances, and here in the...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $25476, if the support is broken then the next support is $25017 and $24654. Now let's move to the resistance line, as you can...
Hello everyone, let's take a look at the 4H BTC to USDT chart as you can see that the price is moving right at the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $27,112 T2 = $27,475 T3 = $27,780 AND T4 = $28089 Now let's move on to the stop loss in case the market goes down further: SL1 = $26,783 SL2 =...
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. Let's start with the support line and as you can see the first support in the near future is $28466, if the support is broken then the next support is $28302, $28151 and 28009 . Now let's move on to the resistance line, as...
Hello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving in the triangle marked with yellow lines. Let's start with the support line and as you can see the first support in the near future is $27857, if the support is broken then the next support is $27710, $27503 and $27233. Now let's move on to the...
Hey guys here's a decent short trade idea I've just spotted.. BTC has been bouncing off this trending channel and id expect it to do it again possibly! So if that's so target 1 would be 23542 Target #2 would be 22336 $
BTCUSD has printed a massive cup, I am expecting the handle to form next and for BTC to slowly grind down towards 17,600-18,600 range before eventually rocketing back upwards once the FED takes a more dovish approach and slows or stops the interest rate hikes. With six consecutive months of CPI data showing that inflation is going down, I expect that Jerome Powell...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $16766, if the support is broken then the next support is $16671 and $16597. Now let's go to the resistance line, as you can see...
Hello everyone, I invite you to the BTC to USDT review for four hours and as you can see we are moving above the local uptrend line. Looking at the next hours, maybe days we have a support zone from twenty thousand six hundred fifty one dollars to twenty thousand four hundred twenty two dollars, if this zone is broken the next support is at a price of nineteen...
If you haven't heard the word "Bitcoin", you must have been just born yesterday. It is a digital currency that is currently valued over 20,000 USD. Yes. 20 Grand. Now, I won't mention anything about a "huge bubble about to burst" or "just a dream". Instead, I want to go deeper. What even is this thing? Why is it such a hot concept? And is it actually the...
BTC is now on little demand zone, there's possibility a pullback towards 20.4k - 21k from here with invalidation at 19.3k. Will wait for confirmation before go long, because the structure is still bearish at the moment.