⭐⭐⭐ BITCOIN $BTCUSDT Weekly Market Overview
Similar setup as before. March closed bullish
for BITCOIN.
What are we expecting?
We are still in the range of 26,600 to 28,900.00. A good sell off to $26,500 or much lower reaching $24,300 before a good buy breaking 29,200 highs towards $32,400 region.
Swing Signal - SELL THEN BUY📉📈
Wish You A Great Week Ahead, King 👑
BITCOIN Weekly Analysis - Mid Bearish
We are still in this BIG range. we will keep watch
for the new week. Hopefully we get a tangible
move to drive our trades.
Weekly and daily forming doji candlesticks which
represents indecision between bulls and bears
resulting in the ranges in lower time frames.
Ensure not to force trades during this time.
Trade Only...
BTCUSDT Weekly Analysis - Mid Bearish
We have been trading between a range of
$18150 - 20400.
Price can be seen to be building up momentum for
a big move. A break below $18125 would send price
to lows of $17600 as 1st tp and 2nd tp would be $17150.
As we can see the market is currently bearish
on the 4hr.
Wish us a successful trading week ahead.
Don't forget...
HEAD AND SHOULDER BEARISH PATTERN SPOTTED.
What does that mean? Bearish Bearish Bearish! We may get to $50 and even lower soon to complete the setup.
But before that, we should expect and plan to catch the next short term rally to $70 possibly.
Entry would be lower time frame after confirming exhaustion.
Don't forget to like and follow for more trading updates...
It is no news that BITCOIN continues to decline from its ATH. We will continue making lower lows and lower highs until the main trend changes.
Last week, I made a call to $40,000. You can see the call here -
We got to $40,000, took profits and the market dumped hard. Now, Here is another one we recently tapped $34,300. I am expecting a
build up, confirmation...
A 20% short bull run(retracement) is expected.
After over 30% decline from last week high of $8.66.
We have been creating lower highs along the way.
For the new week, an entry after a double bottom or
lower low to retest the lows @6$ would be a great
opportunity to go long/bullish. Ensure to wait for
bullish confirmations on the lower time frames...
We recently tapped multiple monthly support @$37,750 and $38,440 respectively.
We can see the markets have been creating lower highs and lows along the way.
Now my bias is bullish for the mid term. A falling wedge can be spotted and bitcoin just
rejected a key fib level.
Then we can spot a bullish divergence on the daily timeframe which adds more
confluence...
$GMT TRADE SIGNAL FOR THE WEEK - SELL BUY SELL
GMT recently made a new all time high @$4.17.
Breaking the previous high @$3.85.
Price then created a double top on the 4hr,
lower highs on the oscillator and fell hard
from there. Similar scenario to $APE
So now, what are we expecting??
If you said a pullback then you are correct! Friends
Before we get one, I...
BEARISH BULLISH BEARISH
As we can see the market is currently bearish
on the 4hr.
BINANCE:APEUSDT
After creating a double top @24$ and stochastics
making a lower high. The market dumped hard.
Thereby failing to break the highs of 28$.
The trendline got broken and now we are
expecting a good pullback this neww week
to form a new lower high. Then a new...
