Bitcoin will go UP by Falling Wedge&Symmetrical Triangle(15-Min)Bitcoin seems to be moving in a Symmetrical Triangle during the last 3 days, and also, the Falling Wedge pattern can be seen on the chart.
I expect that if Bitcoin does not make the sixth contact with the symmetrical triangle, Bitcoin will easily break the upper line of the symmetrical triangle and move towards the 🔴 resistance zone($ 27,360-$ 27,270) 🔴.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Btcusdshort
BTCUSD still looks weakUnfortunately, both the price development and the indicator level point to a current weakness in Bitcoin BTCUSD, which suggests that there will be further price reductions before there may be further upward movement. The next price target is 25,000 points. If there is no strength in the Bitcoin then, the 21500 points can be considered as a further target.
To signal a resilient move into an uptrend, BTCUSD would need to bounce back above the orange moving average (in the chart above) currently around 28500 points.
BTCUSD SHORT
On the 4-hour chart, we anticipate a break in structure thereafter a bullish retracement where we will place our sell limit orders in the unmitigated order block. Our target profit market is the 20,000 price handle though we see BTC USD falling further toward the 12-15,000 price handle.
BITCOIN parallel channel, more range and correction ❌🧨 Hello 🐋
based on the chart, the price is again in range part close to the channel resistance, resistance area 📖💡
for
any other huge pump, we need more correction to the downside 💡📖
and
range candlesticks to the upside and downside before any other sharp movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin will go down by 🗻Triple🗻 Top🗻 Pattern(Short term)Bitcoin has formed a 🗻🗻🗻 Triple Top Pattern 🗻🗻🗻 near the 🔴resistance zone($ 27,240-$ 26,160)🔴, and a long-bodied red candle has broken the neckline.
Bitcoin is currently completing a pullback to the neckline.
I expect Bitcoin to go down to at least the 🎯target 🎯 I marked on the chart.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC Analysis: Setup Pattern & Probability AnalysisGreetings, fellow traders! In this analysis, we will explore a potential trade setup, delve into the pattern observed, and conduct a probability analysis. Stay tuned for valuable insights that can assist you in making informed trading decisions.
Trade Setup:
Entry: Near Order Block Zone at $27,185
Target: $28,000
Stop Loss: $27,070
Pattern Analysis:
BTC is currently exhibiting an M pattern, indicating a probable downward movement. The anticipated price decline may lead to a pullback towards $27,185. This level holds significance as it aligns with an Order Block, where weaker buyers might exit their positions. The presence of this pattern suggests a possible trend reversal.
Probability Analysis:
Based on the M pattern formation and the Order Block zone, the probability of a price drag towards $27,185 is heightened. However, it is important to consider additional technical indicators, market sentiment, and fundamental factors to assess the likelihood of a successful trade outcome.
#Bitcoin when shall you go to $30000? But now $25,500 ?PLEASE make sure this is a 4HR ANALYSIS AND I am staying with my old analysis!
This is based on a swing or day trade.
BTC is facing res and as i have mentioned on earlier charts, It likes to face local resitance hence liquidation. But again res at 100SMA so $26380 in cards sooner, So one can take a shorts, and if it reaches, one can expect inside candle breakthrough $27766. Though 1Hr shows shooting stars means facing a sellouts. A shorts would lead to $26688 and then $26500
#BTC/USDT Daily looks Bullish but..#Bitcoin : Back above the 100MA in Daily.
the rejection in Tether Dominance gave us a hint yesterday about this deviation.
Nice for a start.
Now it's up to the bulls to push BTC back above $27454, which remains the primary resistance here.
Everything else is noise. The Bearish scenario is still in play unless broken above the $27454 resistance.
Waiting patiently for a confirmation.
Eyes on the weekly close.
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Thank you
#PEACE
BITCOIN gain after correction to the downside ❌🧨Hello 🐋
based on the chart, the price is close to the descending channel resistance, resistance area and breakout of support to the downside completed 📖💡
for
any other huge pump, we need more correction to the downside 💡📖
if
the breakout of the first support area (25K) to the downside won't happen, we can see more gain from 25k 💡📖
but
if
breakout of the lower support zone(25k) be completed, we can see more correction to the downside at least close to 23k area and see more gain from 23k level 📖💡
and
range candlesticks to the upside and downside before any other sharp movement is logical 📖💡
👌 Notice: pay attention to the price on shortcut chart (located under the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋