The probability of the bull market continuation is evident in the chart with higher highs and higher lows. The path to all time highs isn’t always clear and the demand for a COVID esque capitulation grows but I believe it is possible that we may go higher before we go lower. Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We...
So the step L1 shown in the graph was achieved as explained in the previous post. From the price action characteristics, it appears that the price is not content with being held back by this current 4h resistance 1 zone. I expect a small pull back max to the level shown by S2 step and then move higher on the L3 path. But it is possible that this S2 step might be...
Check chart for game plan. Tight SL of 1.5% Tough spot to decide but possible short to play out here.
Hello Traders, Since long time ago I drawed this symm. triangle on my chart, Now BTC broke it to the upside. Today I want to discuss briefly, What is the possible moves for BTC --- BTC was running into horizontal channel since 13-16 JUN 2022 that is mentioned on the chart with Green rectangles Now BTC continued going narrower and narrower price movements to...
Expecting the price to rise from here and give us at least a leg up after a 3 push plus loss of momentum in bearish trend!
#BTC market is bearish because BTC broke range to the downside and entered the major support level. #BTC must needs to hodl above $38,500 else market will start bleeding. So and keep an eye on market and use tight stops in every trade Market movement still shows bearish form because there is no buying pressure in BTC. US stock market is continuing downtrend which...
Hello friend, Welcome to our BTC.D 4hrs chart. As we can see in the chart of BTC.D a ASCENDING TRIANGLE is forming. Which is a Bullish sign. The price is currently level 1. If the price crosses level 1 to Level 2, we will see a new high. Thank you And God bless you all!
Based on my TA, BTC is currently forming a falling wedge on the daily TF which is a bullish reversal pattern. You can see my analysis clearly on the chart. So, I would swing trade it as follows: Enter: 2 daily candle close above the falling wedge around $42542.83 SL: $40426.45 TP: $46428.75 what do you think of this trade? **Disclaimer** This is not a...
It's pure price action and easy to understand. Disclaimer: It's not a signal it's an idea, open positions by your own responsibility.
Now btc is uptrend and you can buy any level this is long jump to 52.8K
Btc is now boolish you can buy support level and it break support level you can sell
Btc is now go to uptrend you can buy buy support level and sell resistance level with stop loss
It's pure price action and easy to understand. Disclaimer: It's not a signal it's an idea, open positions by your own responsibility.
I think as you see in my analysis it's going for a pullback and then it's going for a correction