#BTCUSD sell idea The price is in a downtrend, and consolidating on local support. Wait for a breakout, then sell.
btcusd on a 1 hour timeframe predicting the future reversals as timings pivots
BTCUSD is rising after a clear support test on the Falling Resistance of the Bear Cycle. On March 2022 we had an equally strong rejection on that Resistance. We flipped the fractal and matches so far the price action since the December lows. Trading Plan: 1. Buy on the current market price. Targets: 1. 35000 (the fractal's peak). Tips: 1. The RSI (1d) is...
BTCUSD has broken over the August Resistance after finding Support on the MA200 (1d) and the Rising Support. Gap filling in process and Resistance (1) is next at 32500. Trading Plan: 1. Buy on the current market price. Targets: 1. 32500 (Resistance 1). Tips: 1. The RSI (1d) rebounded after it hit the oversold (30.00) level for the first time since November 9th....
BTCUSD / 4H hello traders, welcome back to another market breakdown. Bitcoin started ralying after few banks failling, sending a breakout mode signal. Checkout the chart for what I'm waiting for to add to my positions. Trade safely, Trader Leo.
BTCUSD remains around 22k due to the knock-on effects of Silvergate and the macroeconomic data published last Friday. Silvergate fell more than 50% on Wall Street last Thursday after announcing that it would delay the publication of its results due to a ‘series of circumstances that will negatively affect the calendar and unaudited results’. The announcement led...
BTCUSD broke under the two month Channel Up. Yesterday's 1D candle closed back inside it though, which maintains its trend, in a similar way that the candle breaks on its top in February, closed back inside it. The previous bottom was 7 days after the Golden Cross (1D). Today is 7 days after the MA100-50 Cross (1D). Trading Plan: 1. Buy if the candle closes...
BTCUSD is trading inside a Rising Megaphone for the past 6 weeks. The price is now near its bottom line. The structure is very similar to February's drop with a Falling Resistance guiding it. Trading Plan: 1. Buy on the current market price. Targets: 1. 26000 (-0.236 Fibonacci as indicated by the February 16th High). Tips: 1. If you want to trade after the move...
BTCUSD has been rejected on the 4H MA50, withholding the upside breakout for the time being and keeping 1D technicals neutral (RSI = 50.877, MACD = 375.600, ADX = 19.884) which during a Bull Cycle is always positive. Even though the price didn't make a complete corrective swing to the Megaphone's Lows, the 4H RSI reveals that based on February 10th- 13th, this...
BTCUSD - BITCOIN is now under the 4hour MA50, same as it was on February 5th before the last short term sell off. Inside this 1 month Bullish Megaphone structure, this this formation appears to be repetitive as the decline from top to the 4hour MA50 bottom is on both patterns -6.60%. A larger -11.50% correction followed after a 4hour MA50 rejection to the bottom...
BTCUSD - BITCOIN is now at the point of testing the MA50 1W, the closing of which technically decides the extension of the 2023 rally. This interesting pattern shows that Bitcoin is inside a Channel Up since the end of the 2017 Cycle and the Fibonacci levels act as critical Support/Resistance levels. In 2018-2019 Fibonacci 0.5 was the first Support of the Bear...
#BTCUSD sell idea .......................................................
BTCUSD has attempted to break the key support at 22383.53, yet, it failed. With the ascending trend line, looking at the buy entry at 22383.53, stop loss at 20935.34, and take profit at 23999.82 which is the recent swing high. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided...
BTCUSD looking good for a short after liquidity run. Waiting for candle close. Engulfing or pinbar is entry signal. Be careful can be volatile. Cheers
BTCUSD short , look for pinbar signal before entering for confirmation. Liquidity run can be volatile so be careful.
BTCUSD is in the process of forming a Cup and Handle pattern as for the 4th straight day is struggling to stay above the November 5th high. If we see a rejection, it may create the handle of the pattern. With the strong support zone in the 18.3k - 19k range, traders who missed this rally may have one last chance to enter. Next stop 25250. Follow us, like the...
BTCUSD is trading a Falling Wedge forming its 4 swing. The price is heading approximately to 18000 falling wedge ceiling, at this point the price could retrace its last swing to 14043.11 where a trade could be execute to target 62%: 20858.99.