bitcoin is currently in the uptrend,
it is sitting at the major demand zone.
a break below would be fatal a target price of $21500. a bounce in the other hand would be a good profit at $23800.
Daily tf is aiming to break the supply zone at $25200, if broken there will be more to the upside.
Consolidation here is necessary for the bulls to gather more volume and...
Weekly Timeframe
candle is trying to break the Ichimoku cloud inside. to open up more to the downside. Area of bounce is $41300, and $38691. Area of rejection is $44743.
Daily Timeframe
Daily timeframe is still bearish. below ema ribbon and Ichimoku cloud. Area of bounce $41300 and $38691. Area of rejection $44743.
4H Timeframe.
In Fibonacci Retracement. 0.382...
In Fibonacci retracement it will go down up to 55773 buy order at 56173 stop loss at 55278 take profit at 59965 10x margin for safer set up.
NOT FINANCIAL ADVISE.
TYOR
DYOR
all the best!
if you profit from the strategy, feel free to follow, like, leave a comment in trading view or support the analyst.
Fibonacci retracement reach 50% and touch the 38%
put stop loss below .236% 52502.66
take profit at 1.618 59581.54
if you make money from this TA feel free to support, follow, share and like.
DYOR
not a financial advise. i am not a financial adviser.
LET US MAKE SOME MONEY!
weekly timeframe bullish.
yesterday was a retracement now bulls are back.
all the...
it is forming a 3 black crows candlestick pattern in 1day time frame. I am shorting it when it reach 47745.55. it is a fake out break out for bulls. but it is bear. i long when i saw the bullish engulfing last 3days ago. next is valid bullish engulfing but it did not push through instead it created a evening star which accurately happened. check btc futures in...
take profit at .60 or 1.60 54k and 77k
stop loss below .60%
all the best if it breaks new trend for bear upto 31k
TYOR
DYOR
ALL THE BEST!
Not financial advise
it hits 50% fib retracement so base on the fib retracement it continues to its downward trend. now it is hitting upto 60% retracement if it exceeds it is building new trend.
if it respects. then shorting it will benefit you upto 30440 short. for fib retracement extension for take profit.
for stop lost above 50-60% retracement.
time will tell.
like follow if this...
