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. ...
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 failed to break the 🔴 Resistance zone($65,700-$67,520) 🔴. 📈From the point of view of Classical Technical Analysis , the Failing Wedge pattern failed, and since if the reversal pattern fails , the pattern will have a continuing role , the Bitcoin fall is still expected. 🔔I expect Bitcoin to continue its downward trend after the rise to the...
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
Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #BTCUSDT💹. #BTCUSDT 🔥🚀. ___________ Update: Time Frame: 4 Hr ➡️BTCUSDT formed a head and shoulder pattern, suggesting a possible bullish wave. ➡️Breakout confirmation is now complete...
💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday. 💡 Bitcoin seems to be completing a pullback right now. 🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 . 📈In terms of Classic Technical...
Bitcoin time frame 4 hours Bitcoin can continue to fall by entering the 4-hour overdraft area and filling the FVG.
BTC USDT.P LONG LEV 10 Green lines to buy This signal has 2 buy points STOP . 48400
"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
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.
Crypto Analysis (27th April 2024) BTCUSD Analysis On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG. Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS. Dropping to the 1 hour timeframe, price has created a 1...
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 recent geopolitical tensions have impacted BITSTAMP:BTCUSD , further highlighting that it is not merely a safe haven but rather a risky asset. However, this drop appears to be primarily an emotional reaction. The technical level that I've been discussing for quite some time, originating from the 62k zone, has held strong. Following this dip, the price has...
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.
This is a really simple Bitcoin study on which I calculate the remaining days of the current Bull Cycle we are in based on the Top, Bottom and Halving of each Cycle. These parameters are effectively used to distinguish the Bull from the Bear Cycles. Tops are obviously where the Bull phase ends and Bear starts, while the Bottoms are where the Bear phase ends and...
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.