BTC / USDT 1D – BTC is in accumulation range since 100 days ! – I think the big move is coming very soon –Since the price is holding well just below resistance the chance of breakout is high – There is also an inverse H&S printed which is good bullish pattern Note : we can see strong fluctuations near resistance line but price needs to break and hold...
Bitcoin once again started to react strongly after entering the Resistance zone($73,800_$71,900) . Although it tried to break this zone😊. According to the Elliott wave theory , Bitcoin seems to have succeeded in completing the Main wave 5 . In the chart, we can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) (it is a Bearish sign...
📊#BTC reaches the buying zone✔️ 👀 We pulled back sharply after being rejected at the resistance zone as expected and have now stopped falling near the buy zone. 🧠From a structural point of view, the bullish cup-and-handle structure has not been destroyed, so the expectation of rising prices still exists, and it is impossible to chase the decline in the buying...
Macro Perspective: Bitcoin is still in a Wyckoff accumulation/distribution schematic. Medium-Term Bias: The Sideways trend is expected to continue until Bitcoin either makes a Lower Low (LL) or breaks above 74K and flips it to support. This process is projected to unfold by October 24. Because of Bitcoin’s lackluster PA and time factors, I am leaning...
📊#BTC trading opportunities to share🔥 ⚠️It is impossible to chase the rise in the red selling zone. We would rather miss the market than let emotions guide us to trade.❌ 🧠There are currently only two participation plans for long trading👇 ➡️First, be patient and wait for the buying opportunity when the price breaks through the resistance zone and falls back into...
Prepare for a decline. Everyone is seeing an upward trend right away, but we need to prepare for a negative trend.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
📊#BTC bullish cup-and-handle structure📈 🧠From a structural point of view, we have successfully broken through the turning point, which means that the bullish structure of the cup and handle has been established. It is reasonable to use the bullish structure as a supporting force to continue the upward trend in the future.📈 ➡️From a morphological perspective, the...
Bitcoin's Bullish Surge Supported by Rising Open Interest: $80K Next? Bitcoin (BTC) is experiencing a bullish surge, fueled by rising Open Interest (OI) in the derivatives market. This strong showing indicates a growing optimism among traders, with long positions dominating the market. Let's delve deeper into this trend and explore what it might mean for the...
📊#BTC is in a complex consolidation phase, stay patient☕️ 🧠From a structural point of view, we have entered a complex consolidation stage after achieving the weekly and daily level targets. The realization of the large cycle target means that a large cycle adjustment may occur, so the expectation of a callback will always be exist. ➡️From the perspective of wave...
Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. ...
📊 BTC/USDT Technical Analysis by Cryptorphic 📊 As of June 3, 2024, BTC/USDT is showing promising signs of a potential breakout. The price action is currently testing the upper boundary of the bullish flag in weekly, with significant support levels around $62000. 🔍 Key Levels: - Support: $62,959.01 - Resistance: $69,001.80 (Current Price) The 200 EMA has acted...
📊#BTC rising triangle failure, alert to medium-term fall risk.⚠️ 🧠From a structural point of view, we fell below the bull defense point, so the big double top bearish structure was established. If we fall according to this structure, there is a high probability that we will enter a deep callback stage, so please be wary of being bullish! ➡️We are currently near...
12 days ago, BTC Daily faced rejection, whereas the 6-hour chart appears stable. Currently, the price is hovering at the support level. However, come Monday, the situation could shift, regardless of the direction. If Bitcoin rallies to the lower support in daily, will your position remain secure? If not, you may be overexposed! Many new traders make this...
Dear Traders, We are convening a discussion focused on #DEXEUSDT The Symmetrical Triangle Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 30% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart...
📊#BTC has a chance to form an ascending triangle👀 ➡️Yesterday, we broke through the main resistance area after rising according to the double bottom structure, but fell sharply without achieving the ideal goal. So, will we be bullish or bearish next❓ 🧠From a graphical perspective, we have the opportunity to form an ascending triangle. The probability increases...
Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) . In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) . In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern . I...
#Bitcoin Short-Term Analysis Bitcoin's price action (PA) is expected to be choppy in the near term, providing more consistent opportunities in altcoins. If you're trading with leverage, be prepared to see your positions fluctuate between gains and losses. Just take a look at the current price action. Key Levels to Watch: - Bullish Sentiment: Bulls need to hold...