It has not been an update on BTC for a long time, well this is my view of the movement of BTC , in the daily time frame we can see that BTC has been at the bottom of its uptrend channel , but is this our chance to buy on weakness and hope to sell BTC at its higher high?. For me it would be hard to see BTC experiencing a stir to create a new ath . The reason, if we...
Congratulations to those of you who dare to take the risk to buy BTC when it is in its support (in the previous post I explained about it), for now I will secure a profit of approximately half first, because BTC is now at the upper level of its uptrend channel so it is likely that BTC will experience a correction again, up to the area of 63.7k-63.4k.
Which is a...
The head and shoulder pattern I made yesterday can be said to be no longer valid. For now BTC is still consolidated in the area of 63.7k-59.5k. But from my view BTC has managed to get out of its downtrend channel and now slowly has made a new uptrend channel seen when previously BTC failed to make a new lower low and in fact btc instead made higher high and made...
Bearish candle pinbar in the weekly time frame, false break in the daily time frame and plus there is bearish engulfing in the strong resistance area, I say false break because, if you look at the volume, when the breakout is not accompanied by a strong buy volume even vice versa when there is a seller in the resistance area of the sell volume is more dominant so...
My latest chart for BTC, if seen in the picture there is an uptrend chanel that has been successfully breakout by BTC. This indicates that there will be indications for the acceleration of the rise of BTC. But currently BTC is still stuck at fibo level 1, which is the D point of the harmonic pattern ABCD. So I think the area can withstand BTC movement for a while....
Long time no see, BTC according to what I analyzed in the post before it, heading to 54k and if 54k manages to breakout, then the previous ATH will be very easy to touch, for now i have profited approximately 40% since i made the purchase when the breakout of the pattern falling wedge, and also just in case i have secured half of the profit i have got, because...
Yes resistance was successfully broken and it is very easy to touch the target of the falling wedge pattern as I said in the previous post (make sure you also read my previous post, thank you). So next after this what? from my view there is a trend line (dashed line) that has also been breakout but today's daily candle needs to close above the trend line, if it...
Still rejected in resistance area 48.1k-48.9k. In the picture there is a scenario that may occur, namely inverted head and shoulder. Maybe if this scenario occurs it may be the resistance area that I said before it can be broken out, so that it can touch the target of its falling wedge. Support area that needs to be considered 44.9k-44.1k, the area is a support...
BTC snapped a breakout faster than I expected. Based on the pattern of its falling wedge the target of BTC increase at 54k. But before that resistance area and also is the target of the rise of the descending triangle which is at 48.1k-48.9k it needs to be break also to reach the target at 54k. From my view, if btc makes it to 54k it is likely that BTC will make a...
Btc is still in a fairly large falling wedge pattern, so if I'm still waiting for BTC to breakout first from this pattern with a large volume. And if we zoom in again in this falling wedge pattern there is a descending triangle pattern, but this pattern also does not show a breakout or breakdown. My view, if BTC can survive above 45k BTC will move bullish, but if...
The retest has been completed and it is time for the real move, but before that the support area of the range of 340-330 needs to be breakdown in order to reach the target of HNS in the range of 265-250 (i think that area is a strong area of demand).
From my vision BTC at the daily time frame makes a pattern HNS (bearish pattern) where the downside target is at 34.5k, but before reaching that target there are some support levels or strong demand areas of BTC such as in 36k and 38k. This area needs to be considered.
I think BTC decline from this HNS pattern might be able to perfect the falling wedge pattern...
Yes 40-39k has been achieved, for now 40.6k looks strong enough to withstand the decline of BTC. If 40.6 k is not strong enough to be BTC support, then the next support is at 38k which is also the fib level of 0.618 and strengthened by previously being a BTC support area. And also the last support that I think needs to be considered is 36k. Because if that area...
From my vision, BNB in the daily time frame there is a pattern of HNS with a decrease target around the area of 265-250. For those of you who hold BNB be careful. Dyor
The bullish ABCD pattern runs after reaching point d, BTC increases and this is also influenced as I said in the previous post (make sure you also read the previous post) that the area 44.7-43.7 is an area of demand. In tf 4h BTC closed bearishly with there is an evening star candlestick in the resistance area, the next candle will determine whether the evening...
LOL, BTC price movements are very volatile, i suggest to take a break, if market conditions like this, do not forget to take some profits if you have felt profitable. Btw the target of the ascending triangle has been achieved and also the increase in BTC in the previous hour has also not succeeded to close above fib 0.618, so i can conclude that at the fib level...
