BTC/USDT 1 DAY ANALYSISWelcome to this quick update, everyone.
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As expected BTC bounce from the 50k support level now I am expecting a bounce up to 53k resistance level.
let's see how the daily candle closes.
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Btcusdtrade
BTC/USDT 1 DAY ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
Nothing to worry about this it's a retracement or it is necessary or there are two-level from where we can expect a bounce one is 50k support level or 21 MA .
let's see how the daily candle closes.
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BTC bullish price action confirmed?Since I've just made a nice 1:2 RR trade on BTC, I'm willing to take another one.
This recent move was a nice break above trendlines on the 4hr and on the daily chart. Let's see how it will go from here. We do have a higher level of 52k from the 7th of December so let's see if we can do another test and maybe break that level too.
Bitcoin and Time cycles Dear friends, as can be seen from the graph, time cycles in different periods after a rally saw a correction of about 80% in Bitcoin, and each of these cycles lasted about 735 days. It seems that the uptrend of Bitcoin It is over and I expect an 80% correction (maybe) for which the range of 10 to 11 thousand can be predicted ?! Also, between the last three pivots, an Andrew fork has been thrown, the middle line of which we see a high price range with 80% collision. These can only be an analysis, not the basis of buying and selling. I hope it will give you a good view.
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
In daily timeframe BTC close upside the 50k resistance or in 4 hours we can see some accumulation or expect a bounce from this support level.
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BTC/USDT 1 DAY ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
we have to close upside the 21 MA but for conformations, we should wait for daily closing.
What's your thought on this?
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BTC/USDT 12 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I say in the previous chart that BTC has to close upside the 21 MA or white trendline for a retest now we are expecting a bounce from 21 ma or a white trendline.
What's your thought on this?
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BTC/USDT 12 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC just bounce from the same support level now we have to what for the 12 hours candle closing for confirmation.
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Bearish Triangle PatternNote: This is not financial advice. DYOR!
As you can see there is the bearish symmetric triangle formed! There were already 3 bounces from the resistance trendline. I'm waiting for the support line break and confirmation to open short order. Thoughts? Feel free to write any comments
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
In a shorter timeframe, expect a bounce from the same level we need to close the daily candle upside to 50k for the bull market.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you