Bitcoinusd
Bitcoin is the Answer? The Week Ahead [ Bitcoin ] ₿Price is currently in between our Weekly Level's
Support - 27,592 $
Resistance - 30,319 $
Price Is currently in between our Daily Level's
Support - 28,857 $
Resistance - 29,540 $
Price Appears to be closing above our Daily Level 28,857 which is a Win for the Bulls.
The Bulls are also happy that the weekly candle appears to be printing a larger bottom wick than a top wick.
This Bottom wick is also rejecting our Weekly Support Level at 27,592.
Zooming out we can see that Bulls are also happy that price has been printing
Higher lows on the Daily Chart since the 3rd week of March.
The Bears are happy that the Weekly Candle appears to be rejecting the 29,540 $ Daily level from the Previous week.
The Bears are looking for Pullbacks to Medium term 24,310 and the Longer term targets being 10,600 Monthly Level.
I can observe Bears being content with holding shorts as long as price holds below our 30,319 Weekly Level that extends back to June 22'
30,319 is a S/R Zone that held as a Solid Support during the recent Bull Run to 69K.
Price held Support at this S/R Zone (30,319 $) during Jan 21' and July 21'.
This is a Major Key Level (30,319$) for Shorts as I can observe price going back up to 39K rather easily if price does not hold here.
BTC LONG at 4 HR TF HELLO FRIEDS
BTC toch below 27700 then go to 2900
based on chart analysis and demand zone if btc breaks aggresivily in 27k then next suppport zone 25k
wait for confirmation on next 4Hr candle
my oppenion if btc touch 27700k then go to the next coming to 29k retest then fall down to 25 k
if possible 29k aggressive bullish candle it will go to the 30k to 34k next resistance break
thanks for reading
if i am wrong leave your comment below
BITCOIN - Bearish Double TOP 📉Hello Traders👋🏻
On The Daily Time Frame, The BTCUSD Price Reached a Supply Zone (30036.00-30492.22) ✔
The Price Failed To Create New Higher High 📈
Currently, BTC formed a Double Top Pattern ✔
The Neckline is Broken 🔥
If Price Stays Under The Key Zone, BITCOIN Can Continue The Bearish Move 📉
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TARGET 1: 28050.00🎯
TARGET 2: 27550.00🎯
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BTC - sell and buy zones.Hello! It is visually evident that a so-called "falling wedge" has formed on the chart, which is one of the most well-known patterns in the market. The wedge typically indicates that supply and demand in the market are converging, and can be a signal for traders that the price may change its direction.
In addition, buying and selling zones are highlighted on the chart. These zones can be useful for you, as they are a reference point for me in terms of where the price is expected to go in the near future.
Bitcoin - BTC near points of bullish power🔴Bitcoin BTC
The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors🟢versus buy aggressors⚫️
Points of switch to bullish power🔴
Are we here dear Crypto Nation?👀🚨🚀
Comments💭, Likes♥️ & Follow🔗appreciated
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Weekly Momentum On Major Pairs (Week 19/2023)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Slightly Bullish
Gold & Silver: Very Bullish
XXX/JPY: Mixed
Stock Indexes: Mixed
BitCoin: Mixed
WK 19 (07 May 2023)
Bitcoin and similarity with 2013 Of all the "Projections" about Bitcoin future price, THIS is the most Valid projection for me
2013 ATH to when the 50SMA went under PA to when it rose back above PA is the SAME number of days EXACTLY as now
if Valid, Leads to a near $800K BTC by April 2025
Will it remain Valid ? Impossible to say BUT world circumstances right now could lead for the need of an alternative to $
Big Days ahead
Fakeout at 28,500$ Daily level? 😼 Setup : FakeoutLooking for a bounce back up for a retest of 28,500 before returning to the downside. We haev 2 days left in this Weekly Candle. I can see the weekly candle closing below 28,500. If we do this, we can anticipate a top wick retest on the next weekly candle back around 28 to 28,500 Area where we will look for short setups. I think we became a bit over extended here for the bulls. There are popular posts talking about taking more buys. This did not play out and price is ruthlessly coming back down taking out buyers from previous few weeks who have held the bag. I'm anticipating a bounce but a deadcat bounce for more shorts.
Bitcoin Next MovePair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from the Lower Trend Line
Completed " abc " Correction
Break of Structure
RSI - Divergence
Bearish Channel as an Correction in LTF
Fibonacci Level - 61.80% / 78.60%
Bitcoin BTC price trade plan for the few weeksIn the coming days, it will become clear what trend we will see in the crypto market in the coming weeks.
If buyers hold 27000-27400 $, there will be a chance for continued growth.
Below the critical level, i.e. below 27000$, there are a lot of long positions stop orders. If these stops will be broken, the BTCUSDT price will plummet.
Waiting without a position is probably the most difficult position to take.
But it is necessary to do this in order to move to the stronger side after one of the scenarios is confirmed.
And while we wait and watch who will be stronger, buyers or sellers, you can visit our global idea for BTCUSD and choose the route that suits you best.
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Will the floor hold as volume decreases and reality sets in -> ₿We have 2 Bearish Daily Candle closures back to back to end off the Weekly Candle. The Weekly Candle is closing Bullish. With a top wick. The Top wick is currently -3.18%. The candle body for the weekly candle is +5.5%. 2 Weekly Candles are now closing below 30K Weekly Level that was created during May 22'. Anticipating a correction to previous Daily Candle Low at 29,058. Next stop may be 28.8K 1Hr level. Price is currently sitting at a 4Hr level 29,150$. Considering the timing, The Weekend, Asian Trading Session, a New Daily Candle. These are some confluences I'm considering for a short term correction on Bitcoin ₿