BTC Shorts Looking Good hereBTC Shorts Looking Good here. H4 breakdown on RSI and trendlines on Price Action. Please strong rejection! Beware of the retest might take longer to play out.
Btcudst
#Bitcoin update#Bitcoin update
Normally I would wait for the 4h fvg to take a short scalp position. But with the #FOMC meeting approaching in 6 hours (2pm ET), I'm wondering how quickly this will play out.
If the 4h fvg hits near the FOMC meeting, I won't trade, but trade the FOMC volatility.
BTC Bitcoin Trade IdeaBTC has traded into a key resistance level in a bearish trend on the 4H. I'm short on the fibo retrace. Not financial advise.
BTC Bitcoin Trade IdeaBitcoin (BTC) has experienced a recent period of sustained selling pressure, leading to a price decline that currently tests a key support level. Technical indicators suggest potentially overextended conditions, increasing the likelihood of a near-term retracement. Furthermore, potential strengthening of the US dollar could exacerbate downward pressure on BTC prices.
The possibility of growth after the news? Caution is necessaryIn the daily Bitcoin analysis, we said that today we have important news for Bitcoin, so be careful with your transactions at this hour.
According to the news, we determined the important support and resistance ranges and also reviewed the possible movement again in the daily time.
In 15 minutes, we have a look at the failure of Bitcoin's upward trend and the possible movement that is likely to happen in the coming hours.
Also, we determined the possible movement and support range for this digital currency in 4 hours
BTC - Broadening Wedge / Bull Pennant#BTC
One of the most deceptive patterns is the broadening wedge, which was an iteration of a bull pennant last time.
Will history rhyme again...?
A short position is ready at 53000.The following Bitcoin analysis is for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your research and consult with a financial advisor before making any investment decisions.
bitcoinIn today's discussion, we'll explore the potential movement of #bitcoin.
Our chart analysis reveals Bitcoin's upward progression in a series of five waves.
The projected next price for Bitcoin is $54,000.
As always, remember to apply your own market knowledge when making investment decisions.
BTCUSDT # 044 ( 2ND Bearish Phase is about to happen ! ) Hello dear traders.
Good days .
First cycle of the Gann square is finished .
2nd bearish cycle expect to hit price reversal Zone at reversal time zone in 0.618 Gann Box Bearish cycle .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
BTC BUYHello, according to my analysis of Bitcoin, it appears to be in a very positive state, with the formation of an ascending channel. Which indicates buyers' control in the market. good luck for everbody
BITCOIN: STILL HOLDING ON.Bitcoin is currently maintaining support around the $43,000 level, but the uncertainty in the market raises questions about how long this support-resistance pattern will persist.
As we approach the end of the year, here are some key observations providing insights into the potential upcoming movement:
1. In early December, Bitcoin faced resistance at $44,000 and experienced a subsequent decline to $40,000 (-10%). We can see the same struggle at present.
2. The Relative Strength Index (RSI) is showing signs of losing momentum, suggesting a bearish sentiment.
3. The USDT Dominance remains firmly supported at 5.6%.
4. To signal a bullish trend, Bitcoin needs to successfully close above the $44,400 resistance in the daily timeframe.
In conclusion, considering the approaching Christmas Eve, which coincides with the weekly close, it is advisable to reduce trading stress meaning 'No leveraged positions', and enjoy your Christmas with friends and family. We will be posting updates related to the market so keep your notifications turned on.
Happy holidays.
Regards,
Team Dexter.
Probability of growth after a correctionIn this analysis, we had a look at the Bitcoin trend in 4 hours and analyzed the next move in this analysis.
Also, in the hourly time, we examined the important ranges of support and resistance and the possibility of safe movement and entry for this digital currency according to technical analysis.
Given that Bitcoin is at the bottom of its 4-hour ascending channel, we can consider the possibility of growth to be stronger.
On the other hand, due to the closeness of the important support ranges, we should consider two steps to enter, which we have provided full explanations in this video.
There is still more possibility of correctionBitcoin is still in an upward trend, but the possibility of a further correction to the bottom of the trend is not far off.
In this analysis, we identified two important support ranges and also provided a possible move for Bitcoin.
We identified a low-risk long position for risk-taking friends in this analysis and review according to technical analysis.
BITCOIN: A REJECTION OR A BREAKOUT?Hello traders,
BTC failed to break above the $44k once again. Does it mean there's no hope for a breakout? Well, to answer that let us dive deeper into this analysis.
- The $44k has become a strong sentiment for BTC; somehow, it fails to break and close above this resistance again.
- If a rejection is repeated then $40.5k to $40.8k will once again be a strong support but before reaching that low, BTC will be holding another support between FWB:42K to $43k.
- Talking about the breakout, BTC has a lot more to offer in this bull run. It doesn't matter if BTC gets rejected again, I would consider it as a good opportunity to accumulate more. Do you remember when $30k was a strong sentiment for BTC, we all expected a breakout above the $30k resistance. The same thing with $44k, sooner or later we will see a breakout.
That's it for now. I hope you find this post helpful.
Christmas Eve is 4 days away, so have a great time with your friends and family. Don't take a lot of trading stress. Together we will make it big.
Regards,
Team Dexter.
Bitcoin And my projection for the KINGHi Everyone;
Today I have a special guest in my Analysis Collection
THE KING
I love Bitcoin and even if it doesn't have the Perfect Investment opportunity, but it is the BITCOIN
the freedom, our freedom
thanks for the all supporters, and for the haters I thank you even more.
Good luck everyone.
#BTC/USDT#BTC
Bitcoin price is still moving in the Side channel it is expected to walk through.
Price now 38088 $
The price is expected to bounce to the lower border of that channel at the price of 28,329 and bounce from it in the channel's income for a period of time
before completing the rise by breaking that occasional channel to the level of 68,000
What I expect next Between Jan to March 2024
Until then, the price is expected to respect those accidental powers.
Place buy and sell orders with Stop Loss
Take advantage of rebound zones, whether up or down
I wish you a happy trade.
Movements to attackIn this analysis, two long and short positions are specified for risk-averse friends.
Bitcoin is in a falling trend in hourly time, so we can consider the possibility of further falling for Bitcoin, but according to the divergence, there is a possibility of a one percent growth for Bitcoin, in which case it will reach an important target.
If this resistance is broken, a head and shoulder pattern will be formed and we can hope for a 4% growth for Bitcoin, but this growth requires the breaking of this resistance range.
BTC Pivot point for next yearBTC Pivot For next year
The market will start to rise around May and will see new prices of 110K 120K and 180K
The above pivots were placed for guidance and use for support and resistance
#BTC/USDT
#BTC
Bitcoin is trading in an upward trend to the 37000 $ level.
After the price broke the 27,800 $ level, which is a strong resistance level.
Once it was breached, the price went up after the bearish flag breached the major one.
We expect the price to rebound to test the 27,800 $ level to 31,000 $ again and proceed sideways at those levels until the beginning of 2024.
It is expected to break the 37,000 $ level, heading to the 68,000 $ levels, in the period from April 2024 to June 2024.
All of this is supported by significant momentum on Bitcoin.
A lot of positive news in the coming period
I hope the analysis helped you.
Bitcoin marking its way to $48k.Dear traders,
I hope you all are doing well. I bring you a brief BTC analysis on a 2-day timeframe chart. Recently, BTC experienced a dip, touching close to $40k, but it swiftly rebounded to $44k. Based on the current BTC movement, there's a likelihood of it reaching around $48k. However, considering the RSI level, it's crucial to stay vigilant for a potential downturn.
I've identified $47.8- FWB:48K as the current resistance and $40.8k as the support.
Share your thoughts on BTC's price in the comments.
Best regards,
Team Dexter.
BTC/USDT BinanceBTC/USDT Binance
4H Hollow Candlesticks
As the bull run continues, a parallel bullish channel has formed.
If the price break out this channel, a new TA is needed.
A Rising Wedge has also been formed, where the rule says that is generally a bearish signal as it indicates a possible reversal during an uptrend.
Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line.
The Support and Resistance areas are also clearly visible.
The Support point is quite strong and is based on the Golden ratio extension of the Fibonacci Retracement .
Through a previous repeated movement that has been resized ( Bar Pattern ), we can assume a future movement of the #BTC price.
Market Cap: $1.43T +0.89%
24h Vol: $54.15B +34.84%
Dominance: BTC: 51.5%
ETH: 17.5%
Good Luck
#CryptoHellas Team
BTC update LTFCRYPTOCAP:BTC scenario's I'm looking for on LTF...
If #bitcoin goes sideline, we will trade #altcoins... When it gets volatile, we trade #btc...
#trading
