Intro: - Btcoin broke out of it's downtrend indicated by the yellow line. - The last three times we did take a look at the Wyckoff accumulation pattern and it seems we finally are moving towards Phase E. - Guys please give me some feedback to improve my charts, analysis and commentaries. Daily chart on the left hand side: - The volume continues to increase which...
BTC is performing a falling wedge in the one-day time frame with a target of ATH.....
i said show u the way when BTC was 60K , we are in a ZigZag pattern , we finished A , now w have a B (B usually is atleast 50 percent of A and next step is 61.8% A) i show u 50% by green line, and 61.8% by red line, then we have another correction (C) to complete a ZigZag .. maybe we going uper than 61.8% but i want to show u the normal format.
For a long time BTC was performing in falling wedge which has broken today...In such a case, from where the falling wedges start, it is their target.Right now this is standing on his very major spot, as soon as he starts performing from here, it is sure that a very good rally will come out.
BTC is currently moving in a symmetrical triangle with more chances of a break on the upside......... Target mentioned
Hi Traders, hopefully You are enjoing summer after huge profits. ? There is an Idea what we could see at BTC chart in next few days - weeks. Right now this could be least expected move from so called Whales. Most people are alredy Getting in. So lets squizzz them and scare the rest of HODLeers before big guys will fill their bags. We will most Likley see...
BTC is now at the the support of $37700 and need to close the 4-h candle above it otherwise we will see a retest of the major support of $35500 - $36500 area. After a small rally from $29500 to $42500 BTC is cooling off. BTC may range bound again from $36,000 to $42,000 before breaking out either side. As long as BTC is above the major support zone things are...
Massive battle going on between bulls and bears at the moment. BTC forming another falling flag pattern. It's very uncertain which direction it will break. The last 8 hours has been very bullish yet BTC struggling for a breakout. If it breaks upwards we could see 41k again. If it breaks downwards we could see 37k and then 34k. In both scenarios wait for the...
BTC is PUMPING HARD.....This is Bump and Run angel If it performs well, it will reach the target I have told & If it goes up a bit and reverses back then it will stop at the previous target which is $34000 & $30000
BTC showing great signs of buy-back volume, expecting a bounce from our current range. Laddering orders all the way down to $35600 in case we get one final order filling dip. ENTRY: 37000 - 37300 OTE: 36271 TARGETS Short Term:38000 - 38800 - 39800 Mid Term: 41000 - 42500 - 45000 Long Term: 50200 STOP LOSS: 33346
Check out the support and resistance of Ichimoku cloud on 1h chart - this is why this indicator is really powerful to have on the chart. Priority right now is downside, unless we manage to break through the cloud and trade above. Be ready for potential fake out upside. I'm not in any trades on BTC at the moment - it seems to risky. But I did sell a big chunk on...
BTC once again trading above $40000 After the Amazon FUD drop (which we told you wouldn’t take longer than a day to be bought back up) BTC has broken once again above our new POC (Point Of Control) at $38735 and reached our golden resistance at $40000 Buyer are gaining strength every single second, and they’re likely pushing price much higher in the next 3 days....
We had a really nice run yesterday! Price action went up swiftly and challenged 40k resistance level, but in the second move up, trying to break it, we had a divergence on RSI + news from Amazon not accepting BTC as payment this year struck back - taking us down a notch. Even from purely technical perspective, correction after a move like yesterday is inevitable....
Yo! If anyone sees this, bear in mind I am very novice still at reading charts. So I collate information from many different sources and then test them, chart them out myself and see what I can come up with. Youtubers I follow and take snippets from each are coin bureaux, crypto capital venture, Ivan on tech, altcoin daily, crypto banter, altcoin daily, bitboy...
The EMA 100&200 are the biggest daily resistance from now, if the #BTC can break and make them as a new support, that will be very bullish for all the crypto market not only #BTC.
Btc have resistance in 35000 and support in 33000 If btc break 35000 We can imagine the price of 38,000 for BTC
Last time we covered Bitcoin we introduced the Wyckoff accumulation pattern. The continuation did not follow the exact pattern. We rather saw another so called "Test" below the 30k line and are moving upwards since. Currently we look for a breakout above the 0.5 Fib line and a follow up retest of it as new support. This would give us a good setup to move towards...