Rise on BTCUSDT to $53,000As we can see, the BTC price is already in my central support area, which means we have a probability of going up until around my yellow box area, and the maximum price is 53k. this current price is a good deal, but there is a chance the price still going down until 36k, and that's our stop-loss.
Longbtc
LONG BTC/USDIn the BTCUSD chart I was able to do this analysis that has two options, either it follows the ascending channel that it has been having or it can make a shoulder head shoulder, but in either of the two options it is recommended to buy and put the take profit at the end of the shoulder head shoulder, so they make sure to win 50% and not less.
Greetings!
PS: I am relatively new to trading so I listen to your opinions.
Bitcoin - first 41500 then 46000? Big manipulations are close Today we will consider a small overview of Bitcoin.
The first thing that looks in the eyes is a narrow trading range (marked with gray rectangles)
And we also left all the levels that we had designated before this time.
If we briefly describe the situation, we expect the demolition of stop loss long positions and a quick recovery to the level of 45500-46800
Why do we assume so?
According to the analysis, we are locally in a downtrend.
Locally - everything above the level of 43000 - can be evaluated as a long position, in order to return the price to the mirror level zone.
This is seen by many market participants, including big players.
The volatility is decreasing and the trading range of the price is shrinking.
This is the first sign for big manipulations.
The gann angle indicates that in the near future we will see the price go beyond these gray rectangles.
Considering also that target days
These are daily targets for Bitcoin.
Upper limits: 45300 - 45950🚀 Lower limit: 41000 - 41580☄️
Our analytics team is looking forward to the turn of events as shown in our chart.
Observe risk and money management. Trade smart
BTCUSD - Short-term trade ideaEven though I am a medium-term seller of BTCUSD, the short-term picture suggest we may see higher.
The inverse Shoulder Head Shoulder pattern witnessed, suggest that the break above USD 50,718 should translate by a USD 27k (rounded) increased price short-term. In other words, for those interested in short-term play, buy in to pullbacks above USD 50k for a profit objective of BTCUSD 77,000.
BITCOIN WILL BREAKOUT THE RESISTANCE AREA (44000$) SOON!As you can see in the chart, the price of BTC is in the triangle pattern which now is broken, and retest it
EMA 21 & EMA 50 are supporting the price very well. For now, we may have a correction to the 42000$ area again and then go up and breakout the resistance area 44000$
we will see BITCOIN above 44000$ soon and then our target can be 47000-48000$
GOOD LUCK