Inverse H&S Pattern is almost completely formed on the Daily Chart. A Break and close above $71 734 on Daily chart could result in measured moves corresponding with the moves in the Inverse head and shoulder pattern. My prediction: if a Daily close above this level, then we'd see a break upwards to FWB:77K , retrace back to neckline, and bounce up to $86,...
BTC/USD is reacting off the resistance level which is a pullback resistance and could potentially fall to our take profit. Entry: 71,359.39 Why we like it: There is a pullback resistance. Stop loss: 73,458.03 Why we like it: There is a resistance level which lines up with the 127.2% Fibonacci extension. Take profit: 68,869.95 Why we like it: There is an overlap...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. #BTC/USDT Analysis The crypto market has entered a strong bullish rally following the successful breakout and subsequent retest of the symmetrical triangle pattern. This rally faces horizontal resistance, a crucial level influencing short-term price movements. Symmetrical Triangle Pattern: The...
During the recent rally, Bitcoin (BTC) displayed significant bullish momentum. In our video analysis, we delve into a potential buy opportunity, provided that price action aligns with our entry criteria. We look closely at the 1H chart: 1: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. 2: Long...
In this video, we discuss a #BTC #Bitcoin trade idea based on bullish price movement As always, the video covers my trade entry points, opinions on trend analysis, market structure, and price action. Remember that this information is educational and not financial advice. 📈🚀📊
CRYPTOCAP:BTC #BTC WOW!!! Look at that, already testing given resistance range $70,766-$71,379. Gaining support here would bring $73,523 test on the table, RSI on 4H is hyped up but 1D looks good, Time to see if it can gain a support of $71,379. Watch given S/R
Hi everyone, Here is a quick analysis on Bitcoin using predominantly the Monthly and Daily chart for my analysis. We see a reaction from a Monthly Bisi with price moving higher. On the Daily timeframe for a closer look, we see that there is a Premium Sibi and a Discount Bisi. So we may see some back and forth movement between the two. But, I will be looking for...
GM, nice pump for BTC this morning. The stoch RSI has successfully exited the oversold area, and BTC's price pump is accompanied by good volume. However, the fear and greed index is still in the greed zone, now at 75, up from 73 yesterday, indicating there is still potential for market makers to drop BTC's price again. But technically, my personal outlook is that...
According to #BTC weekly chart we have weeks left until we start to retrace again (If we trade similar to last breakout) - Take profits in the 73-75K zone - Trade Alts - Return on the dip or if btc males it to 80K and the idea fails
BTC Idea from a week or two ago is playing out. Buy side liquidity resting at the highs giving great confluence for longs.
A rejection at this resistance zone will activate my sell order. I still believe that Bitcoin is not ready for bullish re-run. Entry 73000 sl 73600 tp1 66000 tp2 62000 tp3 60000 least. note: Wait for rejection on a daily frame. **************************************** Use a stop order and do your own research before trade
I'm considering a new scenario following the breakdown of price below supportive structure. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is...
Expecing a move up on Thursday/Friday. A prime shorting opportunity should be available on Bitcoin at the $76k level, based on this six-month Wyckoff distribution pattern. Shorting ALTs might be more challenging, with potentially more predictable price entry points occurring in Phase C. Best, Hard Forky
BTC Update: In the last 24 hours, BTC touched the $70k range but quickly got rejected back to $67.5k. In this daily time frame, it is clear that BTC must break above the blue box to set a new high. The FWB:65K support still holds strong and is likely to maintain it for now. Do your own research before making any decisions. Regards, Team Dexter.
hello guys... as you can see btc made a symmetrical triangle and broke it up! on the other hand, it touched the bottom line of the ascending channel so it has a potential to start an upward movement@ targets: 1- $73099 2- $75029 ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them...
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...
Bitcoin (BTCUSD) is doing it and yet again it is going under the radar for some. The price broke out yesterday from its short-term Falling Wedge and as we showed you is extending the Bullish Leg of the Channel Up. Zooming out to the 1M time-frame, we can see that May closed in gains (green) and since August 2023, there has only been one month of losses (red 1M...
REVIEW BITCOIN After a life-long accumulation #BTC FINALLY looks ready for expansion! We got everything we desired: solid breakout of a bullish flag, multiple retests, and another breakout of a small wedge 🤯 The target is price discovery. Great time to hold #BTC IMO! #CRYPTOEASE BINANCE:BTCUSD