today btc usd on 4 hour chart bearish hi am manish here
on 4 hr timelap you can see btc look like bearish so maybe it will do up and then corection
and it move tou its supplyzone
Btcusds
Btc usdt , possible short I was mentioned yesterday on the chart,that the resistance will be taken out and , deeply going down, thats happened, so today i shere my possible sell zone, ,, target support area,,
Note, iam not a financial advisor, please make sure to check your analysis before the take entry,,
Don't forget to take and comment and follow alsi,,
Thank you,all the best
👉 BTCUSD Emergence of new volumes on the market👉 BTCUSD Emergence of new volumes on the market
The previous forecast has fulfilled 100% the continuation of the emergence of an ascending channel
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BTCUSDT: Elliot Wave Intraday TradingHello everyone
Bitcoin price has formed an upward correction in wave 4, after which it may continue to decline rapidly in wave 5 of wave 3 (in medium-term wave 5 of wave C in ABC wave pattern).
The general dynamics in the derivatives market is a bit strange, so I marked a critical level of activation of alternative versions of the situation.
I do not publish the alternative scenarios yet due to their ambiguity.
In general, now is an excellent place to open a short position with excellent risk to profit parameters.
It is possible to open a short position now and increase the volume on a breakdown of the minimum of the current wave 3.
Best Regards,
CEO Tornado Capital
Bitcoin support 28,700 mappingIn this chart I show you how strong the support of this region of 28,500 is, we have already had 5 previous touches, but it is important that the daily closes continue above 28,700, so I believe in a pullback in this region for a new attempt to break the support.
I expect a pullback towards the 33,000 region.
Bitcoin, BTCUSDT can retrace low BTCUSD trade hit 39700 level. It can re-visit again to 30000-26700 level. You can open your buy positions around 26500 level. In alternative scenario, if trade crosses 42000 level then it will boost upto 51000 level.
XTZ UPDATE: consolidation continuesxtz price is continuing consolidation and is still moving up. Crypto market took a dip yesterday but is creating a higher low. If upward pressure continues I think we could see breakout in the next couple days.
if price begins to stagnate or move down, we might see test of 3.50 again. With the news of stimulus checks, I think people are optimistic, so I am bullish and expect break up to 4.20 - 4.50
BTCUSD keeps a wedge.Hello.
BTC is still in a global rising wedge.
It kept above the trend line and continues the local upward movement.
It should be borne in mind that the wedge resistance line is drawn along the shadows of very "emotional" candles.
Btc is gradually approaching horizontal range support. Studs stand out very strongly against the background. The bulls seem to be trying, but they are instantly stopped.
At the moment, nothing prevents you from going to 11000. The best option would be to fold the position there.
At the moment, everything looks in favor of the bears: the instrument is likely to exit the range downward in the near future.
The scenario will be canceled by a confident breakdown of the wedge upwards.
Quickpost: BTCUSD Head and Shoulder can break month long supportThis is a relatively micro formation so the chance that it get busted his higher than average, but the fact that a very lose head and shoulders has formed and that gives day traders a pattern to play in a very technical manner.
I have played a bit with taking profit of head and shoulders on full performance of the right shoulder rather than doing calculations on the traditional head to neckline calculation put forth by Bulkowski (thepatternsite.com) and this is more as a matter of convenience than maximizing profits.
Should this perform we get below both the blue trendline and the EMA 4h ribbon in a decisive manner. There is always the possibility that we retest support as resistance and this counts for both the ribbon and the trend line.
This is a micro chart with macro implications based on my other post today. Another rejection as detailed in the linked post does not bode will for bulls and would suggest over-performance on this formation.
Closer look for BTCUSD Target 9200-50 if no S9620!
Support 9620-9565
Plan A : Below 9500 targets 92300-55 and below 9200, targets 8890-8765
Plan B: Above 10000, the price can test 10415-10735/11000+
Hit: Use the ALERT function at the boarder(9500 & 10000) of the breakout.
We have seen exactly fall from 10000 levels as per previous update prediction
Reference:
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