Btcusdsignals
BITCOIN Consolidation above the Gaussian starts parabolic rally.Bitcoin (BTCUSD) is establishing a consolidating position above the Gaussian Channel on the 1W time-frame for the 4th straight week. On all of previous Cycles, such break and consolidation above the Gaussian was the start of a parabolic rally.
As far as targets are concerned, on the first 2 Cycles, the rally reached at least the 3.0 Fibonacci extension level measuring from the previous Cycle High and the Gaussian break-out level. The last Cycle (no3) reached (and exceeded) the 2.0 Fibonacci extension. Taking this 2.0 Fib 'worst' case scenario, we should be expecting this new rally to reach at least the $160000 mark.
Would you agree? Is your expected top higher or lower than 160k? Feel free to let us know in the comments section below!
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🚨 BTCUSD HIGH PROBABILITY BUY SETUP 🚨🚨 BTCUSD HIGH PROBABILITY BUY SETUP 🚨
* Here we can see clearly the next potential move for Bitcoin coming hours.
* Baring in mind this is going to be a QUICK SCALPING BUY MOVE.
* Before Reversal Happening SOON.
* EP(BUY): 30831.25
* TP: 31290.23
* SL: 30493.42
* Keep your eye close on your trading positIons.
* Happy pip hunting traders.
* FXKILLA *
Bitcoin approaches next resistance level as price drive upAs you may already know, Bitcoin has been on a steady upward trend in recent weeks, and it looks like the next major resistance is near the $27,500 level. This is a significant milestone for Bitcoin, and a close above this resistance might spark bullish moves in the near term.
Furthermore, Bitcoin has already broken through the Fibonacci .23 level, which is a positive sign for investors. This means that the next major resistance at $27,500 is within reach, and it could be a great opportunity for you to add to your positions.
I encourage you to take advantage of this opportunity and consider adding to your Bitcoin positions. With the market looking bullish and the next major resistance within reach, now is the time to act.
Thank you for your time, and I wish you all the best in your Bitcoin investments.
DeGRAM | BITCOIN short opportunityAfter a huge sell off, BTC is consolidating in a descending channel.
Price action pulled back to the resistance even though the trend shifted to bearish.
BTC is likely to continue consolidating until we see an indication of breaking the channel.
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BITCOIN Strong long-term buy signal by the BBWP!Bitcoin (BTCUSD) just flashed one of the rarest buy signals on the 1W time-frame. The Bollinger Band Width Percentile (BBWP) bottomed at 0%, giving a narrow width signal. Historically, when the price was above the 1W MA20 (red trend-line) during that signal (4 times/ green circle), it skyrocketed shortly after, while when it was below (1 time/ red circle) it dropped massively.
At the moment the price is on the 1W MA20 and it will be interesting to see if BTC closes above or below it, as it can influence the trend of the coming weeks. What do you think, will it close above it and skyrocket or below and decline? Feel free to let us know in the comments section below!
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BITCOIN The Megaphone bottoms lower, unless this breaks first.Bitcoin (BTCUSD) made a new Lower Low since the short-term Channel Down started on April 14 and is rebounding in the past five hours. The long-term pattern remains a Bullish Megaphone and this Channel Down is the corrective wave towards the Higher Lows trend-line. For as long as it holds, it is likely to see it bottom on the 1D MA200 (orange trend-line) just like it happened on the March 10 Higher Low.
Be prepared though to buy earlier if the price closes a 1D candle above the 1D MA50 (blue trend-line), which hasn't happened since May 06 (exactly 1 month ago). In either case, our target is the next Resistance at 32400 (May 31 2022 High), which is where the 1W MA100 (red trend-line) is headed to, the last remaining MA Resistance.
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♦️BITCOIN HEADING TOWARDS 20K♦️BITCOIN(BTCUSD), shown strong bearish momentum, which can be a strong indication of bears taking controll over. While DXY will be extremely bullish in this scenario it would be hard btcusd to create another bullish impulse.
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