We see a clear rejection of the $42.3K level. Bitcoin is now testing the $41.6K level. Should we also see a rejection of this level here. Then I expect a test at the $40K level. This is a strong support and I definitely expect volatitleit here.
- update on this analysis: - since then Bitcoin has rallied strongly in anticipation of its spot ETF pending SEC approval - while the ETF is most certainly going to be approved at this point, it is still probable most of 2024 is going to be a sideways year for BTC - biweekly Kumo cloud represents massive resistance, one that won´t be conquered easily - once...
Hi Traders, Investors and Speculators of Charts📈📉 As I've said before, I love the logarithmic view of BTC. It gives a clearer indication of price increases alongside growth. Although inflation and value factors aren't physically calculated into the price, seeing the upwards curve makes more sense from a "holistic view" that would include things such as growth...
Hey everyone this is a simple analysis for BTCUSD in 15 MIN timeframe,i hope this will be useful for you,be ready and take care your money
If we test the $41620 level again, perhaps this Sunday, I would lean towards a slightly long position (possibility of taking profit at around 0.786 Fib). RSI and MACD are intended to help with this idea. On larger time frames we are in a strongly bullish context, so there is no need to TP. Be aware of the possibility of upcoming volatility on Sunday evening CEST.
BTC IN MONTLY TIME:In the last ten years, digital currencies have registered stunning growths, most of which did not have any special support and simply based on the attitude of the young generations and their imaginations, the demand became very high, and with the expansion of the Internet and the facilitation of the business environment and the interest of the...
BTC bottom for summer 2024. Just below the 9500 CME gap to our main baseline support area 7500. Inside this larger ABC correction is a 5-3-5 Zig Zag
Hello, The formation of a bullish flag indicates that the trend is again bullish and there is no divergent on the RSI indicator so here you can enter the trade.
It appears as though BTC is using the old resistance of an ascending triangle as support, inherently bullish. A bull flag pattern seems to be forming.
Because of the coming holidays, you are probably wondering should you trade in December at all and if yes, when should you stop and resume your trading. In this article, I will share with you how I trade in December. First, let me briefly explain to you how holidays, especially Christmas and New Year, affect the financial markets. In many countries, ...
This is what BTC could be doing, if we look at my idea for EGLD and the fractal with BTC in the period of March 1st to March 10th this year. Besides, I draw the head and shoulders pattern that will help confirming this move. As for timing, this would be perfect for a Christmas rally, starting around the 23-24th. Smart Money want to fill their bags, don't forget!
Hi guys, how are you guys, let's go to Bitcoin, the price is currently stopped at around 42000 dollars and I think it needs a correction to continue climbing, the price can correct up to 30000 dollars and even 26000 dollars and then have a strong rise. Good luck.
Dear traders, We are currently eyeing a potential buying opportunity for BTC/USD within the range of 39800-39200. Although this isn't an active trade yet, we are closely monitoring the price action in this area for confirmation. Trade Plan (Pending Confirmation): Buy Area: 39800-39200 Stop Loss (SL): 38000 Target: 46000 We have identified this range based on...
ALgo before the Retracement. THis idea base on algo of liquidity, I look the WEekly, execute at 4H. So basically its just my algo base on my experience, This is not a financial advice, you rather buy spot or leverage bitcoin base on your strategy. This is not a financial advice. 35-30k is my retracement. If you look on liquidation level most Long traders are...
BTC wave structure 4H time frame The 4H time frame is currently a pullback wave The 15M timeframe is in a downtrend. The 5M time frame is the pullback wave of the downtrend We only have a chance to buy when the 5M time frame turns to an uptrend
Bitcoin consolidation within a Wave 4 which is poised for one more leg higher (Wave 5) IF the 40K support holds over the coming week. At this time, a break above 42,850 will signal a swing trade long in anticipation of a test of the 45K high. IF price breaks lower instead, I will be watching for a test and reversal confirmation around the 40K level support (See...
Bitcoin has returned to its original bottom channel when market access was ambient at best, and hodlers didn’t really care or know much about what the future would hold. For hodlers, only time could tell. Rates were low, technology was transformative and infrastructure cheap. With declining supply and expected increased future demand, hodlers were sure to gamble...