Btcusdtanalysis
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
switched my main scenario that we're in ending diagonal and now forming only wave of 2 of v.
I Expect growth from current price(yellow marker) or through one more decline in 25-24k zone(orange marker).
Main target zone: 33 - 36k
Good luck everyone!
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BTCUSDT bounced off 4h support and may head to 4h resistanceThe price has hit the 4h support as marked on the chart and the support doing its job. The price has bounced from that support and currently trading at support resistance which also acted as a brief support during fall. The price may head for 4h resistance zone again.
Bitcoin Head & Shoulders Activating!BITSTAMP:BTCUSD
Head & Shoulders printed pattern. Watch for neckline break to confirm.
Has busy support zone as highlighted.
RSI oversold so you can enter on Bearish Retest or add to your positions.
LONG: If the neckline fakes out then consider long opportunities.
Plan A / Plan B - We move with price and prepare in advance.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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#BTC is getting ready for the Big move!!
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#BTC UPDATE
BTC is forming this bullish pennant pattern
what is bullish pennant pattern
A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive move higher, then pauses and consolidates between converging support and resistance lines.
*BTC Need to Clear the 29,500 Resistance to Confirm the bullish pennant pattern Breakout
* RSI is also sowing some bullish divergences move
*If it conform this pattern then according to the pattern we will see good bounce
Stay tuned I will keep updating
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Bitcoin Next Week Possible MovePair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Completed " ABC " Correction
Impulse Correction Impulse
Symmetrical Triangle
SMC - CHOCH
Break of Structure
Bearish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line
Impulsive " wxyx " Wave will Completed its " z " at Daily S / R Level
BTCUSDT likely to head to next 4h resistance at 27400Yesterday the price hit the 4h resistance zone upon the bounce and was held back by this resistance. Since then it is consolidating under that resistance and likely to break it soon. The next resistance lies at 27400 zone which would be the target of the long trade which seems to be favorable right now.
BITCOIN range and correction before more gain 📖💡Hello 🐋
based on the chart, the price is close to the descending channel resistance and resistance area and breakout of support to the downside happened 📖💡
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 📖💡
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 is ready to fall and only need to confirm the pattern.At the moment I am analyzing, Bitcoin has not yet confirmed the Head and Shoulder pattern and has not started its downtrend. Confirmation of this pattern is needed to break the pink trend line and pull it back. And then after the pullback, it will quickly reach two profit levels of $25,088 or $24,550, one of which is the collision of the price with the blue trend line, and the other is a drop due to the completion of the head and shoulder pattern. After the first profit limit, if Bitcoin continues to fall, it will reach the second and maybe third profit limit, which I do not think will happen. Good luck
BTCUSDT seems to be getting ready for major up moveThis dip provided a nice long opportunity. It is difficult to post on time when the price moves so fast. But 26906 was a good level to long. And the price has already moved more than 1.5%. Did not mention that level in earlier posts as did not expect this to go there so quick. But anyways, I think this drop opens the path for more upside. There will some retrace now and might sweep that low, but I believe the next bigger move is to the upside. But lets monitor the price action a bit more to understand a bit more about the probability of the future path the price will take.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Nothing has changed from my last idea.
Long confirmation - consolidation above dynamic resistance (white line on top) Then the target will be 33-36k.
Confirmation of the fall - breaking through 27k, then we go to the +-25k zone, there we will need to look at the structure of the fall and make some decision
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
📈Update on "BTC fake bullish Idea"📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous ETHUSDT analysis and positions.
Bitcoin can first test the yellow area, then return to levels below 28,000 with more supply pressure.
Don't forget to risk-free your position.
The sell pressure is due to the sudden spike in BTC transaction fee and two pauses of BTC withdrawal in Binance.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌