🧐Today, I want to analyze Bitcoin for you in a weekly time frame so that maybe it can give us a good view of the continuation of Bitcoin's movement . 🏃♂️If you look at the chart, Bitcoin is moving in the Ascending Channel in the weekly time frame, the ascending channel I have drawn seems to be a valid channel, so that the middle line of the ascending...
🏃♂️ Bitcoin is moving near Support lines . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed microwave 3 of the main wave 3 and is currently completing microwave 4 of the main wave 3 . 🔔I expect Bitcoin to start Going down from the 🔴 Resistance zone($62,940-$62,540) 🔴 and attack the 🟢 Heavy Support zone($61,100-$58,700) 🟢. ...
👋Hi, everyone. First of all, I apologize for the chart being busy, but I think all the lines and zones are needed to better understand it. 🏃♂️Bitcoin is moving in two descending channels : a ⚫️Black Descending Channel⚫️ and a 🟣Purple Descending Channel🟣 . Also, it is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴and near the Upper line of...
-Hello Traders, Price had consolidated for a longer period and recently it broke out due to a strong bullish momentum, recent price action indicated that we are on the verge of reversal on #btcusd. what do you think?
🏃♂️ Bitcoin is moving near Potential Reversal Zone and Support lines . 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing wave 5 . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔 I expect Bitcoin to reach at least the 🎯Target🎯 I specified on the chart. ❗️⚠️Note⚠️❗️: An important...
🎉Hi guys, I hope that you have a great weekend . 🏃♂️Bitcoin is moving near the 🟢 Support zone($63,370-$62,790) 🟢. Also, Bitcoin managed to break the Resistance lines and is currently completing the pullback . 🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 3 and is currently completing wave 4 . 🔔I expect Bitcoin to rise to at...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and...
🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) . 📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a ...
🔥 Bitcoin Halving 2024 is less than 10 hours away. 💡Before the Halving 2024 , Bitcoin seemed to have experienced an increase due to this happening . 🏃♂️Bitcoin managed to break the Resistance lines/Downtrend line and is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed wave...
Last week, BITSTAMP:BTCUSD tested the waters at the important 62k support level and even dipped below it momentarily, driven by news regarding tensions in the Middle East. However, after touching the significant 60k mark twice, the price swiftly reversed, signaling a false breakdown. The price quickly rebounded above both the horizontal support and the...
My CRYPTOCAP:BTC Plan!! Waiting for a minor dump on lower tf to get trigger to my entry point at 61500$ - 62000$ Stops & Profit booking points are mentioned in the chart. Good Luck! Happy Earnings❤ #nfa #dyor #aqeelonline
🟣 Hey there, @TradingView fam! Ready for some fresh Bitcoin analysis? We've got a juicy update for you, covering multiple timeframes and packed with insights from key indicators. If you're diving into this post right now, show us some love with a thumbs up! And don't forget to jump into the comments section for some lively discussion. We'd love to hear your...
BTC/USD Technical Analysis Timeframe: Daily Bitcoin created all-time high again. We can see in daily TF a symmetrical triangle formed and valid breakout happened. Now we are expecting downward moves to the SUPPORT ZONE.
💡Bitcoin started to rise after the Spot Bitcoin And Ethereum ETFs were Approved In Hong Kong but failed to break the 🔴 Resistance zone($66,100-$64,500) 🔴and created a Bull Trap . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed 5 downtrend waves in the 15-minute time frame . 💡Also, we can see Regular Divergence(RD+) between ...
Hello guys, today I am back with an Elaboration on my previous Q2 Outlook ↓↓↓ With halving in front of us and all the hype it brings in, I can see mostly people who think that after halving we have to go to ATHs no matter what. So I decided to bring counter points to their views with reasonings as to Why I am currently more bearish than bullish. If you are...
🚨Bitcoin started to fall again after the news of a possible War between Iran and Israel and reacted well to the 🟢 Heavy Support zone($61,100-$58,690) 🟢. 🏃♂️Bitcoin is currently moving near the 🔴 Resistance zone($66,100-$64,500) 🔴. 📈It also seems that Bitcoin has managed to break the lower line of the Symmetrical triangle , and at the same time, it is forming...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line . 🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈If Bitcoin's downward momentum is high ,...
-Failed back below horizontal breakout level and previous ATH -Below 9, 21, 50, and 55 daily moving averages -From failed moves come fast moves -Major support at confluence of: 1. March 2024 low 2. 89 Daily ema, 3. Rising trendlines Dec 2023, Jan 2024, and Feb 2024 highs 4. Rising trendline connecting Jan 2024 and Feb 2024 lows