My short term trade will look like this. BTC/USDT will touch the upper trendline, and will be rejected. The STOCH RSI indicates a downward move soon, so it all makes sense. The lower trendlines indicates the 3000$ mark, the "magical mark" for some people. Will trigger a lot of buy orders, and even more sell orders when broken down.
Not financial advice, just me...
As per my analysis, BTC is finding a whale to move price action toward the next level which is 45k
The two big whales say Micro strategy and Elon Musk's average price is 30600 and 32600 respectively.
Also, there might be a big liquidation wick toward 29K but it will last for a very less time and the price will recover soon. Most of the chances are that price...
BTC/USDT BINANCE
4H hollows
A price rebound at the Golden Ratio of Fibonacci Retracement is expected, as it is the main Resistance Area.
Sideways movement between Support & Resistance Area is expected until Monday.
BTC = $16,855.78 +1.63%
13.32 ETH -2.47%
Market Cap: $846,597,962,034
24h Vol: $82,580,266,331
Dominance: BTC: 38.2%
...
BTC/USDT Binance
4H hollow candlesticks
A downtrend parallel channel has formed since the 21st of April.
Also, a Falling Wedge has clearly formed.
Support and Resistance main areas are shown.
A bar pattern repetition shows a possible price movement for the next days.
Volume increasing.
Multiple Support & Resistance levels shown as horizontal lines....
BTC/USDT Binance
4H hollow candlesticks.
The end of the market downtrend has occurred, since the price break out of the falling wedge.
The extension of Fibonacci retracement shows the main resistance area at $40.500.
The next Resistance level is at $42.500.
Volume is increasing.
Multiple Support & Resistance areas shown as horizontal lines.
Bitcoin Price...
Welcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello friends
I didn't even think that in a few hours BTC is so low power but can't do anything to the market
But the main which is the down greenline, if the use line breaks, then if BTC will dump in a few hours, then BTC's support line can be...
BTC/USDT Binance
4H hollow candlesticks
Since the price break out of the falling wedge, there was an increase of 18%, up to 48K.
Fibonacci retracement shows the point of correction, if any.
A flat top triangle also appears to have formed, as well as new resistance and support points.
I do not have much to say.
Bitcoin Price (BTC) = $47,990.63 +0.30%
...
BTC/USDT Binance
4H hollow candlesticks
Since the last bull run started at 21th Jule, a HUGE price correction has followed as a bearish flag or bearish pennant pattern (not sure), which is more clear to see in the 1D timeline candlesticks.
The bottom of this correction came in the exact spot the first Fibonacci retracement is shown, as a red rectangle...
#Btc | #Analysis | 1H | #NUM_A8 | 📉
Hey everyone, the trigger for the price drop in the one-hour time frame has been hit by the key resistance that we mentioned before, and we expect the price to drop, we have identified the supports in the chart.
🚨Key support : 26810.14
🟢Support 01 : 26379.66~25893.79
🟢🟢Support 02 : 25201.56~25052.53
🟢🟢🟢Support 03 :...
