We are back in the triangle "on-chart". Support on 4-Hr, after tested severally got broken to downside Daily: RSI looks lot more room to down side. RUMOR: ETF approval usually precede down-move KEY Pattern: Double-Top formed clearly on the chart. It is all there is to see. Additionally what some people called M formation
CRYPTOCAP:BTC #BTC moving in tight range $44,174-$43,522, bearish engulfing forming on 4h currently, $43,145 support could test. RSI on 1D and 4H looking good, 3rd weekly close approaching with $43,868 resistance. Watch given S/R
CRYPTOCAP:BTC #BTC Beautiful break of triangle here, $43,868 resisting, Previous 4H close looks fine, Bullish engulfing on previous 1D close as expected, RSI on 4h and 1d looking great. $44,174 resisted yesterday. $43,145 support looks good, needs to follow up on bullish engulfing.
CRYPTOCAP:BTC #BTC $42,070 support in effect, current daily with potential to put bullish engulfing on. Eying $43,145 test. RSI looking good, Low on volume as of now, Green days ahead 🤩🤩! $40,583 key support, $44,174 and $44,860 key resistance areas.
CRYPTOCAP:BTC #BTC Testing $43,145 resistance at the top of the triangle, Amazing reversal followed by bullish pin bar 4h close at the bottom testing $40,583 support. Bullish engulfing on last 1D close, current daily moving for follow up. RSI on 4H and 1D looking good, Watch given S/R
Hello Traders! This is my perspective for BTCUSD H4. I see two key levels that most probably will be reached. The first one is Liquidity at the price of 39300. The second one is the resistance level from 38500, from this price I will look for a Long trade in case of confirmation.✅ Traders, if you liked my idea or if you have a different vision related to this...
while btc consolidating in a big area. we are starting at the low of the consolidation on monday which could mean another retest at the highs.if we lose certain leves we could see a drop to 33K
CRYPTOCAP:BTC CRYPTOCAP:BTC Descending Triangle forming on 1D and 4H, let's see in what direction this breaks, $40,583 support in effect followed by a bearish engulfing on 4H, if 4h shoots closing above $42,070 the Descending Triangle will break bullish, previous daily close with bearish engulfing
CRYPTOCAP:BTC #BTC $42,070 resisted and $43,145 resisting as expected, $42,070 current support, RSI on 4h and 1d looks fine, Previous daily close bullish, $44,174 retest likely then $44,860 key resistance to break, Continue watching given S/R
CRYPTOCAP:BTC #BTC current daily and 4h candle not looking good as of now as a bearish engulfing forms, $40,583 support testing, avoided bearish engulfing follow up yesterday with previous daily closing above current support. Watch given S/R
Bitcoin had a liquidity grab to the downside - Today we have CPI and the volatility could make BTC retest the very highs Thanks for watching
CRYPTOCAP:BTC #BTC dropped to $40,583 support Currently struggling at $41,577 support area. $43,145 support required to reattempt at $44,174 resistance. Bearish engulfing on last daily close, should avoid follow up today. Current key support $39,458, expect resistance at $42,070 & $43,145
CRYPTOCAP:BTC #BTC as expected $43,145 support good, $43,868-$44,174 resistance range holding strong, RSI on 4h looking good, weak volume in last 12 hours, gaining $44,174 support will help reattempt at $44,860 resistance , $45,622-$45,876 next resistance range to watch the $46,623.
In continuation of our recent analysis , we meticulously conducted a comprehensive examination of BITSTAMP:BTCUSD price action. Employing a multifaceted approach, we synthesized various data inputs and discerned nuanced market conditions. Our analysis delved into the historical 4-hour timeframe, specifically referencing November 4th, 2015. It is essential...
In my opinion, this is a correction, and the end point of the uptrend is not yet.
Bitcoin near the top of our rising broadening wedge but could pullback before it goes higher.4 Hour shows possible pullback Thanks for watching
#Bitcoin dominance has at least another percent to grow. 55.55 is psychological level and I believe it will be tested. Bull run has started. My target is $135 000. What do you think?
CRYPTOCAP:BTC #BTC given resistance at $42,070 in effect, $41,577 support holding, Next resistance to watch $42,618-$43,145. Bullish engulfing from Dec 1 played out with amazing follow up.