You might have already read this post below; but why this is still amazing for me, is that it's impressive to see an instrument becoming institutionalised in front of your eyes. For such an infant in instrument terms - BTC is becoming more and more fascinating. If you have not read the year in the life of Bitcoin post, click here. Go back towards the end of...
Turning point: breakup the center and remains above it for 24 hours Data updates: 38k is no longer a strong support of the range. Possibilities of downward breakout increase. BTC has come to a tipping point of breakout in 1-5 days. If the price remains under the center, it is likely to go down, and vice versa. Now- downward. Fed’s decision is critical to the...
Bitcoin held its support level at 35K, which allowed this market to try to break the trading range between 35K and 45K to reach levels above 47K. It pierced the 200ma momentarily to go back to its 43K support level where there is a narrow ribbon supporting the price. This is a good signal since this means it is concentrating energy and it could ignite a rally to...
Bitcoin is forming a descending triangle pattern. We can see the rejection at the top of this triangle pattern. In addition, examining the number of buyers 'addresses compared to sellers shows the increase in sellers' power. In the event of a breakdown, the first target will be $ 35,000
In the 6-hour timeframe, the downtrend line has broken and has started its upward movement. If cross the OB range, the probability of ascent increases. Otherwise, by correcting its trend line for a while, it can attack the OB range again to cross with more force. Its not Buy or Sell SIGNAL\ DYOR BY : Mohamad Teriz - @AtonicShark
In daily timeframe, it has a good reaction on the important support zone, and if this trend line and support is not broken, it can move upwards, and if the second trend line breaks, it can start Bullish. Its not Buy or Sell SIGNAL DYOR BY: Mohamad Teriz - @AtonicShark
What's up everyone! 😃 I wanted to share this pattern on the 4h BTCUSDT chart, that as you can see, i've tweeted about a couple of days ago already. This time I made the target area s more visible in the form of the grey boxes . The green and the red horizontal lines marked by arrows, are the confirmation areas that we need to break and confirm above before...
Morning folks, Now you understand our doubt on taking any long position on BTC by far. Despite our H&S setup has tried to show upward action with some bounce and was with relatively low risk, BTC once again shows its dependence on interest rate performance. The recent fed minutes release just has crushed it once again. We really hope that BTC will be able to...
Hey, Traders What you think the price will go? I think it's gonna go up but tell pls if am wrong ☺️ & If there's anything wrong with the analysis Don't be shy and tell me am still learning basics😂👋
Is BTC hitting 60K Again! currently price moving inside symmetric triangle and the gab between upper and lower trend get narrower, if price closes above upper line we may see 60K again.
Following my previous analysis, IOTA is ready for a historic breakout and it looks like it will not be going down! A 4h candle above that red trend will be a good sign for IOTA and although bitcoin seems a bit poor, I will personally buy some more IOTA. BTW as you know, The IOTA Foundation recently announced that they are looking to launch smart contract...
Bitcoin had broken out from its resistance which it had fallen from 68000 level in the past but it has now broken out from its consolidation its currently testing the resistance in FIB retracement level you can see we need more volume to further increase in price.
The chart is pretty clear I guess. The price is very close to one of the most important resistance areas which is May's high. RSI bearish divergence is also pretty obvious. A pullback to the broken trendline and the 50-48K support is expected. This may be the last shake-out before ATH. SEC is rumored to approve the Bitcoin ETF in the near future, so I don't...
Bitcoin update ,time for a pullback and visit 60k.
Bitcoin broke key level as I told you. NEXT important area is $54k Trade break out strategy