BTC is trading in channel from couple of months that is forcing BTC to trade between consolidation phase between a ranging channel that is acting as support and resistance. Further price movement is forming bullish flag pattern and also cup and handle price formation on longer term charts that suggest channel support is likely to act as support and bounce towards...
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In the BTC/USD daily chart, the inverse Head and Shoulders continuation signal continued pushing the price higher, where the most recent price trades above the 67310.50 static support. As the dynamic 100-day SMA and 20-day EMA remain below the current, we may expect the buying pressure to extend towards the 80000.00 psychological line. For the third day in a row,...
Bitcoin tactical analysis explained W1 M1 chart cup and handle pattern #BTC#Bitcoin#crypto
Bitcoin is about to complete an accumulation pattern on the 1-day timeframe, with 2 days left until the monthly candlestick closes. Also, this analysis was done after the closing of the weekly candle above the price of $34,500, which shows that Bitcoin has shown a good growth in the last month, which can be a sign of preparation for growth at the beginning of...
BTC was drawing a beautiful triangle, and all signs about BTC was super bullish. - BTC.D is going up - ETH.D is going down - Stablecoin dominance got bigger than the 18k season - and BTC didn't fall If BTC goes up to 28.8k, then right there 31k is waiting for you.
While most traders and investors of the digital currency market decided to sell due to the possible decline in the future, there are signs of the end of the decline, which may change the structure of the market from bearish to bullish, and most likely after the speech. Pavel or sooner to see growth. While on September 2, the news of the approval of ETF funds by...
Hi, I see A very good trade opportunity Risk to reward is very convenient
it looks like we 're seeing a pullback BINANCE:BTCUSD . everything is clearly visible in the chart MAX Leverage = 5 - 10 (above 5 is a greedy decision!!!) Max Loss (with leverage 5 ) = ~20% Max Profit (with leverage 5 ) = 35 - 65% |--| 70% sell in first target and 30% for next target |--| always DYOR , Buy and sell with full knowledge of financial...
Bitcoin/3H doing a parallel upward channel Please Support Me by Sharing,Boost,Comment,Follow We filled the gap from 27.2 to 28.5 and we are holding AT the top of the gap. showing more Bull control than Bear. This could break to the upside and goes all the way to ~31.7 Or (~292400) It could also hold it here untill NY market open then dump it to ~26.8 if that...
Bitcoin reaching the origin of the 30K slowly while having a gap from 27500 to 28400 to fill. Bitcoin can fill this before crashing but its another 17% up move. or this could be a jebait and the crash will happen today after a small retracement to the upside to liq all the high leverage shorters BTC consolidating and holding the support (symmetrical triangle)...
Federal Reserve Chairman Powell's language about raising interest rates released during the semi-annual congressional hearing resulted in a sharp increase in the value of the US dollar, causing non-US currencies to plummet, and causing the Bitcoin price to potentially test the 20,000 level again. In terms of news, the cryptocurrency market is still affected by...
Bitcoin legdown around 5% and bounced back from the yellow support line which it touched before ( on the first dump) Please support and motivate me by Boost,Follow,Comment Usually a Friday dump into weekend does not tell me a real move , meaning this could be retraced and even go higher but if it loses 22K more downside is way more possible than up side. The...
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So we got it finally! After today 10W Valid Trend Line break - we are 100% sure that the major bottom of 40W and all shorter cycles (20W, 10W, 5W, 20D, 10D) is the past We will be watching closely next week, shortly should we get first estimation for some new target. Good luck!