$BTC Daily UpdateCRYPTOCAP:BTC #BTC $64,344 given key support came in effect as expected 😎! Currently testing $65,521 support, RSI on 4H looks fine while improving on 1D, still look unsteady here. it could test for $66,323 by weekend if continues to improve on 1D. $64,344-$64,062 remains current support area. $63,544 next support from here. watch given S/R
Btcsignals
BITCOIN (BTCUSD): Bullish Outlook For Today
Bitcoin may bounce from a key daily structure support.
After its test, I see 2 strong bullish confirmations:
the price formed a falling wedge pattern and a double bottom.
Both the trend line and the neckline of 2 patterns were broken.
It indicates the strength of the buyers.
I think we can see a pullback at least to 66500
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Bitcoin is Ready to Attack the Heavy Support zone!!!Bitcoin managed to break the Support zone($66,080_$65,860)(15-minute time frame) .
I expect Bitcoin to continue its decline to at least the previous low of $65,000 and likely break the Heavy Support zone($65,730_$64,240) .
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 15-minute time frame ⏰.
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Bitcoin Roadmap==>>FallingBitcoin is breaking the Important Support line .
According to Elliott's wave theory , Bitcoin seems to be completing wave 4 .
I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) and attack the Support zone($65,730_$64,240) .
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$BTC Daily UpdateCRYPTOCAP:BTC back on $66,323 support currently testing it, Previous 1D closed with bearish engulfing if followed thru it might break $66,323 support, next key support $64,344, next support from here $65,521. RSI on 1D looks weak. Watch the support areas, must regain $68,546 support to retest $69,813. Watch given S/R
Bitcoin Roadmap==>>15-minute time frameBitcoin is moving near the Resistance zone($70,890_$70,140) .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing the main wave 4 . So far, the main wave 4 structure is a Zigzag(ABC/5-3-5) .
I expect Bitcoin to fall at least to the Support zone($69,280_$69,120) . If the support zone breaks , we can confirm the end of main wave 4.
This post is a continuation of the following post.
Note: If Bitcoin manages to break the Resistance zone($70,890_$70,140), The scenario will change.
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is Ready to Fall===>>Symmetrical TriangleBitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle .
We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ).
I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart.
Important Support Zone($69,500_$68,820) : Monthly Pivot Point//Fib Cluster//100_SMA(Daily)//50_SMA(Daily) .
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is Ready for PUMP to $69,000(at least)Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) .
In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) .
In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern .
I expect Bitcoin to rise to at least the Resistance zone($69,500_$68,820) .
Note: If Bitcoin manages to break the lower line of the ascending channel, we should wait for Bitcoin to attack the support zone ($65,730_$64,180).
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚨Bitcoin will Fall by Failed Falling Wedge Pattern🚨❌ Bitcoin failed to break the 🔴 Resistance zone($65,700-$67,520) 🔴.
📈From the point of view of Classical Technical Analysis , the Failing Wedge pattern failed, and since if the reversal pattern fails , the pattern will have a continuing role , the Bitcoin fall is still expected.
🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡 Potential Reversal Zone(PRZ) 🟡again.
❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500 , the bullish scenario can change, I will talk about the importance of this number in the next posts .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚀Bitcoin will Go Up after Pullback🚀💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday.
💡 Bitcoin seems to be completing a pullback right now.
🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 .
📈In terms of Classic Technical Analysis , Bitcoin managed to break the resistance zone , resistance line, and 50_SMA(Daily) with the help of the Inverse Head and Shoulders Pattern . Bitcoin seems to have increased at least to the 🎯Target🎯 of this pattern.
💡Let's take a look at the Market Cap USDT Dominance% (USDT.D%) chart .
💡 USDT.D% seems to start falling after reaching the 🔴 Resistance zone(4.92%-4.87%) 🔴, which is in line with Bitcoin's analysis. ⚠️The scenario will change if USDT.D% can break the resistance zone⚠️.👇
🔔I expect Bitcoin to rise to the next 🔴 Resistance zone($65,700-$67,520) 🔴 after the completion of wave 4 (pullback) .
❗️⚠️Note⚠️❗️: If Bitcoin falls below the 🔴 Resistance zone($65,700-$64,180) 🔴, the scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 2-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TP is 59261 @M15 & M30"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
BTC Analysis (27th April 2024)
Crypto Analysis (27th April 2024)
BTCUSD Analysis
On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG.
Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS.
Dropping to the 1 hour timeframe, price has created a 1 hour Bearish unmitigated orderblock we can look to take sells from if bearish confirmations shows after testing the OB.
Else, if price decides to break past the bearish OB, we can capitalise on a break and retest to continue higher.
Bitcoin- Bulls held strong, so no need to worryThe recent geopolitical tensions have impacted BITSTAMP:BTCUSD , further highlighting that it is not merely a safe haven but rather a risky asset.
However, this drop appears to be primarily an emotional reaction. The technical level that I've been discussing for quite some time, originating from the 62k zone, has held strong. Following this dip, the price has reversed and is currently trading with almost a 10% rise from the recent bottom.
Medium to long-term bulls need not fret as long as the aforementioned level remains intact.
My strategy remains unchanged: buying dips in anticipation of a new all-time high in the 80k neighborhood.