Btcusdtanalysis
BTCUSDT to head for weekly resistanceBTCUSDT is moving upward with strong momentum. A weekly resistance is sitting above the price and it is 8%-9% above the current price. Looking at the price action and the resistances on its upward path, it seems likely that the price would target this weekly resistance around 29500-30000 before any pullback and then probably its upward journey to monthly resistance. On 4h time frame it seems, price wants to cool off a bit and if that happens, the price would land on the 4h support zone marked on the chart and very probable a good bounce from there.
BTCBUSD 1D Chart AnalysisCurrently in the 1D BTCBUSD chart, BTC price is moving near both of the upper lines of Ascending Channel and the Expanding tringle. After some liquidity grab this may be get a downward movement. Other than that, there is a sell OB area above that levels. So price may reach to that level and then price may rejected from that level. Likewise we should consider about the next FED meeting held on 21-22 March.
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AUDUSD SELL Playing out nicely I analysed this pair on 7 of March 2023 and it's playing out nicely. AUDUSD broke a strong support with huge engulfing candle on daily TF and came back retested the zone that's a very good sign that this pair is ready to go down. I'm anticipating 400 pips on this pair.
RNDRUSDT AT A GOOD REGION TO BUY FOR LONG POSITIONRENDER (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
BTCUSDT long from 4h or daily support zoneBTCUSDT is finally trading under the daily resistance. This is the resistance in its way before clearing the recent high of 25250. Any pullback currently is very good opportunity for day trading. There can be short opportunities but the momentum in the long direction is very strong and any short for day trade is currently not advisable. Let us try a long if this pullback hits the daily support. This would be a conservative long. A more aggressive long would be if it is taken when price hits 4h support. Let us try small position at 4h support and if price breaks though that then a bigger position at daily support 1 zone.
BTCUSDT to aim up for daily resistance around 22380BTCUSDT has finally managed to move up the very important daily support it broke a few days earlier. Now it is trading above that level and very likely to close above that level. I would expect the price to aim for the daily resistance 1 zone around 22380 with a bit of pullback.
bearish market come to endafter BTC bulls have successfully defended the 20k support level and bounce back.
Bulls also breakout the 200EMA resistance on the daily chart and be so close of the neckline level
on the chart u can see the most possible scenario from my vision... let me know your opinion in the comments
i see btc may visit the 22k level again before another bullish and it will a good chance to buy there
i see bulls have to breakout the 25k crucial resistance which located on the neckline of H&S pattern and if this happen it would reach the 30k level
thanks for your support... hope you are enjoy with trading
BTCUSDT Elliott Waves Analysis (All possible options)Hello friends.
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all possible options, which one will realize - idk,
Orange - fell in a simple zigzag, (upon receipt of an upward impulse on correction entry with a stop below the last local minimum)
Blue - double zigzag.
Yellow - the saddest one, if there is an update of the local bottom through a small consolidation, in this case we will have a full-fledged downward impulse on the higher timeframe,
and then after correction to it, we can implement the worst option (published yesterday) with a movement of + -14k
Good luck everyone!
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BTCUSDT : Analysis , 1DHello traders, we want to check the BTCUSDT chart in the daily time frame. In our previous analysis of Bitcoin, we predicted that the price would drop to around 20,000, but the amount of Bitcoin drop was more than we expected, and now we have to check what scenario for Bitcoin is expected. The price has reached the bottom of the channel drawn by the Andrews fork and we expect the price to start a correction from this area. We expect the price to pull back to the key level of 21300, which it has reacted to several times in the past. And this level should play the role of a support level for us and maintain the downward trend and continue to fall after the correction until the price of 18300. Good luck.
BTCUSDT likely to visit weekly support around 19400 and bounceThe downward pressure did not allow the daily support to produce any significant bounce and that led the expectation from previous idea to be not fulfilled. Since the price has broken the daily support and closed below it, it is likely that it will head towards the weekly support. I believe there is going to be a very nice opportunity to long it from there.
BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance.
On the other hand, it was very good that the cme chat was also filled.
If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified.
At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.