Hello everyone! This is my idea for BTCUSD which has lost 62k support and currently trading around $61,000 Looking from a technical perspective, it could send BTCUSD to $60,000. Going short with SL 62,300 and TP 59,900.
A breakout to the upside may hint direction reversal.
Hello dear friends, BTCUSD is striving for a recovery, but the upward momentum seems to be weak and lackluster. The downtrend continues to hold strong on the 6-hour chart, and we are still aiming for the target of $58,700 USD after the retracement around the 0.618 Fibonacci level concludes. Thank you all!
As long as the red box is not broken, lower numbers can be seen
Short position double top has now been confirmed. Targets read at 1.5% and 2% risk reward ratio. BTC should start moving up once it reaches any of this two prices. Pi Cycles read as low as GETTEX:59K , no lower than $56k. I doubt it will reach this pi cycles because it’s a double top 30 minute time frame. Unlikely to avoid this dip. Welcome to your first...
Have a good weekend guys, we made a huge profit on last week's trading, which is also 30 consecutive weeks of profit over 400%. It was all crazy, and all the users who followed me made a fortune. If you have lost a lot of money in trading, or your account is currently locked, or you are a new trader, you can contact me and no matter how much money you have, you...
Hello all dear traders! So after a long period of price decline, BTCUSD rebounded with a spectacular breakout from the price wedge, which was not only a move from the bulls but also pushed the price up sharply from this point on. It is currently consolidating above highs of $63,083 marking a 0.1% gain on the day. However, looking from a technical perspective on...
Dear traders! BTCUSD experienced significant volatility yesterday with a breakout from the $62,000 level it is now approaching the $61,000 level which should generally provide momentum to lower levels. However, the slowdown around the $60,700 area increases the possibility of a return to growth within the corrective trend. Talking about the current trend, it is...
btc has broken bullish structure last test around 65000
Hey there, what do you think about trading BTCUSD? Currently, on the technical analysis chart, BTCUSD has broken out and ended its downward trend with a breakthrough above the descending trendline at $61,600 USD. From observing the technical chart, I advocate for a buying trend in the short to medium term with a profit-taking target around $64,000 USD, and even...
Hello everyone Maybe I should have waited and see what will happen but I really want to give you all of my ideas. BTC is in wave 4 (The worst corrective pattern) and so we should wait to get a reliable confirmation to get in. This idea is not very strong but just keep it in mind. One of my annoying problems is that Altcoins do not have much more chance to...
As usual, most of what I have to say is in the chart.
Everything makes sense to me again. This has been distribution all along. Institutions are not going to let retail long and make money this easily, its always the other way around. This idea that resonates with me the most. I've tried numerous attempts to paint a long picture but each time something feels a little off. But zooming out to the daily and labelling a...
CRYPTOCAP:BTC , sweep and reclaim playing out, longed some alts on the sweep, lets see how daily closes. ✍🏻
runing flat for wave 2 that looked like 5 up .still vali5 waves for upside
Man has provided a meaningful and detailed description of the analysis and prediction. Jesus has walked us through the process. Put yourself in the shoes of Jesus and see if you would understand the context based on the facts.
Ready to moove for a new bull run season Buy and hold now! (108k target) This is my last post thank u all👏💪 This is not a financial advice dyorr Enjoyy
Bitcoin has been retreating from its all time highs. The momentum is negative, which means we can still expect more lows. The good news is that it started to form a positive momentum divergence, which basically means the acceleration towards the downtrend is slowing down, and a possible reversal is in the making. I don’t see a good timing to start a position, I...