On the first day of June, the SETUP used indicates a corrective bearish pivot on the long-term chart. Will we have a correction later on, so that the cryptocurrency finally breaks free and reaches new peaks? When we analyze the impressive rise that the cryptocurrency has had in the last 16 months and trace just one Fibonacci retracement, we will see that the 50%...
I think that considering that the MACD is positive in the four-hour and daily time frames and the inverse head and shoulder pattern was made in Bitcoin in the one-hour time frame, but the pullback has not been confirmed yet, so I believe that the target is between 1.272 and 1.618 Fibonacci. we can say that our target will be between the price of 72000 and 73000...
I think that Bitcoin has reached the price target of 66,291, and in other words, it has reached the end of the four-hour bearish wave, and in view of this, a head and shoulders is forming in fifteen minutes, which is a target equal to It will have 69809 to 70550.
CRYPTOCAP:BTC #BTC $68,546 support in effect, $71,379 resisted the last climb, RSI on 1D and 4H looks good, currently testing $69,813. Gaining $71,379 support will allow to test $73,523 last testing in March. Continue watching given S/R
I didn't think that the bottom of Bitcoin was 56, but considering what happened today and the price of 65 pullbacks, the target will definitely be between 71 and 75. Therefore, the upside is confirmed and the TP will be between 1.272 or 1.618% Fibonacci.
An interesting development is unfolding on the fifteen-minute timeframe in Bitcoin, indicating readiness for selling and shorting. Due to two candles forming around the $60,000 mark within a fifteen-and-a-half-hour timeframe, along with the formation of a head and shoulders pattern, if the price can break the trend line in the lower timeframe, we can expect the...
CRYPTOCAP:BTC #BTC Dropped below $62,580 support following bearish engulfing on last 4H, Currently trying to regain $63,144, RSI on 4H and 1D looks fine, Previous 1D closed bearish, $61,674 current support area, Needs $64,344 support to reattempt at $65,521-$66,323.
Bitcoin Chart in my expectation: - The pattern of cup and handle: The cup and handle pattern is a bullish continuation pattern often seen in price charts. It consists of a rounded bottom (the cup) followed by a smaller consolidation period (the handle) before a breakout to the upside. The target for the cup and handle pattern is typically measured by adding...
CRYPTOCAP:BTC CRYPTOCAP:BTC $66,961 resisted strong failing to hold $66,323 support as expected, currently testing given support area $64,344. RSI on 1D and 4H looks fine, needs push here, last 1D closed good but current 1D weak on volume, $62,580 lowest support from here, expect resistance around $65,521. Watch given S/R
CRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
CRYPTOCAP:BTC #BTC $61,674 support in effect, previous 4H with bearish engulfing, could revisit $59,788 support, RSI on 4H and 1D looks fine, $64,344 support needed to test for $66,323. Revisiting this area exactly after a month, halving almost here. Watch given S/R
The time has come when all the investors who bought bitcoin at $69,000 will be able to sleep peacefully. But what will happen after the historical high is updated? To begin with, there is a good chance that bitcoin will continue to grow without correction or even consolidation. The result will be a renewal of historical highs. This is evidenced by the...
CRYPTOCAP:BTC #BTC $71,379 tested as expected! Trying to hold support at $71,379, RSI on 4H and 1D suggests it could drop below $71,379 unless maintains volume here and heads towards $73,523 test (latest ATH area), 11 Days from halving, Current 4h 25 minutes from close and forming bullish pin bar, let's hope it can remain bullish on close. $68,543 Key support...
CRYPTOCAP:BTC #BTC Tested $66,961 on Friday as expected, revisiting key support at $66,323. Finally above $68,546 on 3rd attempt, $69,813 testing. Bullish engulfing on last 1D close and RSI also looking good on 1D, expect $71,379 test if followed thru, $68,546 support yet to be tested, it will be key support if held.
BTC goes to Reverse Adam-Eve formation in 4 hours Logaritmic Chart. If the formation will complete and work the target price will be arround 50,500 Usdt.
CRYPTOCAP:BTC #BTC nice getting back above $66,323, currently testing resistance at $68,546 required to reattempt at $71,379. previous 4h close failed to follow up to bullish pin bar, $66,961 could be tested if followed thru on previous 4h bearish close. RSI on 1D looks good, just needs a bit of a push to breakout, so close! Watch given S/R
CRYPTOCAP:BTC #BTC fell below $66,323 support, currently testing to get back above it, Two bullish engulfing on 4H, RSI on 4H and 1D looking good, $68,546 support needed to reattempt at $71,379.
CRYPTOCAP:BTC #BTC Given resistance at $71,379 held strong, dropped to $66,323 support area followed by 3rd failed attempt at the resistance to breakout, $66,961 testing as of now, RSI on 4H and 1D looks fine, just 18 days away from the 4th halving, Watch given S/R on the chart