hello guys... I think the main trend still is bearish due to the last move! the 50% of the last downward movement seems an interesting area to get a short position until the price touches the 59k area! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎...
Crypto Analysis (12th May 2024) BTCUSD Analysis On the 4 hour timeframe, price has swept the liquidity at 64724.63 level and proceeded to create a CHOCH to the downside. The market followed through by creating another BOS after rejecting a 4 hour OB. There are 2 scenarios i am looking at right now. 1) Price retraces into the FVG and creates a 15 minute...
Judging from the graph, there will be another decline, and there is a high probability that a strong support will be formed near 59500. I have marked the approximate position on the graph. After the price reaches this point, start going long, rebound to near the upper resistance, and take profits in batches. Pay attention to risk control during the...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
MACD is about to form a death cross pattern, and the price is fluctuating near the trend line. Combined with indicator analysis, the probability of falling is greater, so the trading strategy is to short, TP around 62200
Medium term shorting opportunity based on the theory markets range 70% of the time. 30m TF broke below candle clusters suggesting a liquidity run outside the 4h TF high. I prefer to trade back down full length of last bullish leg.
After a sharp rebound, the rise has slowed down near the resistance level. The indicators need to be repaired. Pay attention to the support between 62000 and 61300. If the support is effective, go long. For the current transaction, shorting is safer and the probability of making money is higher.
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Looking for a retest of the major area of support at 61,622
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
Bitcoin has entered a critical juncture, with its price dipping below $56,500 this week on 1st May. This decline has ignited a debate among crypto analysts, traders, and Investors: is this a temporary blip or a sign of a deepening bear market? The current drop has some crypto analysts worried about a potential freefall. They point to the proximity of the price...
I was bullish before. but now I am bearish because the bottom point that needs to be protected is broken. There are two different scenarios, there is a liquidity below, if the price comes below that point, the decline will continue, but if the previous peaks I mentioned are broken, I can look bullish on the market, but I am currently bearish.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Long Time Frame Completed " 12345 " Impulsive Waves and Corrective Waves " wxyxz " Break of Structure RSI - Divergence Bullish Channel in Short Time Frame
Thanks for reading this update. BTC seems to enter an important breakdown trend where we expect that BTC has a high chance of falling to 56K, this can also happen unexpectedly with free fall volume as we have seen also before. BTC IS IN OVERFLOW VOLUME TREND.. Remember. No way is going directly to trend, BTC will play all possible trends to go to the goal....
The largest cryptocurrency in the world recorded its highest levels ever Expected scenario: continuation of the upward trend Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to...
My Dear Crypto Robbers / Traders, This is our master plan to Heist Bearish side of BTCUSD Market based on Thief Trading style Analysis.. kindly please follow the plan i have mentioned in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is oversold at the level Bull Robbers/Traders gain the strength. Be safe and be...
Market maker cleverly removing all orders for drop price easily. Because the origin orders consumed and there is not any barrier for hold the price. I am waiting for at least 41% correction. Waiting for sell trigger after new ATH. This Analysis will Update after next movement.
In my opinion, today seems to be Bitcoin's last bullish day. Likely, tonight or tomorrow, we might witness a small FOMO wave leading to the range of $73,000 to $74,000 ( Area $3.80~$3.75 USDT.D) I suggest you read the previous 3 analyzes. I would be happy if you share your opinion with me. Give me energy by liking and following me.