BTCUSD AT SUPPLYZONEBTC is showing the bearish momentum as it is on the supply zone with ENGULFING CONFIRMATION on H1 chart.
Btcusdlong
Possible Wave 4 correction done, Wave 5 now for BTCThe target zone all depends on what BTC decides to do here, we can still correct lower to the $19.95k range, but means that the bounce will be higher.
Wave 5 would be the 1.618 retrace of wave 4 which bring us to around $21.65k which imo there is a lot of liquidity to be tested there.
RSI on the 1hr also is at lows, once it bounces and breaks the resistance trend line, expect moves higher.
BTC ANALYSIS
#BTC DAILY UPDATE.
#BTC has broken above the descending triangle but currently at the blue resistance box ,close above the blue box area could lead more rally and the orange box will be the next resistance for BTC on daily.
SELL House & BUY Bitcoin Now 🔥🔥🔥🔥🔥Hello Traders,
frm last few weeks we are seeing significant drop in dollar index and overall global markets are immediately recovering.
This is the perfect time to buy bitcoin, crypto market has already dumped 90-95% and i dont expect any major downfall frm here, if there was downfall to happen it must be happened 3 months ago bt btc sustained well and went in a strong accumulation. now we are seeing hard reversal in top crypto coins which is indicating in December 2022 we are going to see good rally upside.
Bitcoin Halving:
BTC halving is one of the biggest event happens every 4years, next halving will be occurred on 16 April 2024. Just 535 days are remaining before tht we are going to see huge liquidity in the market and global acceptance for crypto. mark my words btc is going to test 100000 USD before halving event.
always have a longterm vision for btc it will never disappoint u.
just waaana say BUY BTC thts yet.....
📉✌BTC 1H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis (linked below).
💥A quick long position can have a good chance of winning.
between now and the yellow area, you can open a long position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5 ---> Long position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
BTCUSDT 4H📌According to the previous analysis, it broke its trend line and reached the resistance of 20,770 to 20,500 (blue box) and had a return of 4%.
📍Now, according to the movement of the wave, we can experience an upward movement and follow the targets of 21886, 22800, 23582 and 25211 (green dashed lines).
❌Note that our main context trend is bearish
LOOK AT BITCOIN NOWWe will see BTC reach as low as tp1 at fibo 1 , then wave C = A
The higher expectations in tp2 and tp3 will depend on how much % you close the order, but I will be methodical and have good psychology
BTCUSDT NEW TARGET1 25000.00 INSHAALLAHAccording to my experience, BTCUSDT NEW TARGET1 is 25000.00---30000.00 Good luck
BTC ANALYSIS#BTC UPDATE.
#BTC has created the double bottom at the blue box area and black line is the neckline (resistance) for btc .Any break above the neckline would lead to a gain of 4% from here,however the chances of pullback are as equal if btc unable to close above the neckline resistance
Bitcoin needs to break this range for upside or else we go down$BTC range to watch..
We need to clear this red zone, a tap above 21,073 will be great for more upside or else we can reject of this zone and retest the demand (green zone)!
#Bitcoin #BTC
✅BTC : THE BUY DIP BEFORE 21K TARGET ---->💎 24K✅BTC: THE BUY DIP BEFORE THE 21K TARGET
BTC did show some breakdown trends in the low time frame, but this means noting the real trend.
BTC is still accumulating for the confirmation of the uptrend. and BTC has already confirmed the UPTREND.
Wallets of whales at OKEX showing also a position building, as they did the same at previous the bull trend.
Expecting depending on my high study that this is just the dip buying possibility, and MARKET MAKERS playing on a low time frame. the real volume seems to come.
and when it comes we will see a high breakout to above 21K
🚀🚀All the scans and technical views I did on BTC show that we are still in an uptrend.
selling now at 20K and going short is high risk. we did say the same about 19K
The market was in stressed mode, but it seems to get stable in the coming time, and with the expected that we will have a breakout.
It's not the first time we see market players playing on a low time frame. how many times we did scan the same after this plays markets become stable and breakout, of course, the history we should not build, but some patterns for sure.
✅As the update says, this is only a chance for buying the dip to enter above the 21K target on way to the 24K levels!
24K HIGH TARGET IS A VERY INTERESTING TARGET AND ON THE TECHNICAL SIDE VERY KNOWN BY SKILLED TRADERS.
Trading can be very risky in any way, and this update not means that you should follow it.
Always do your own study.
BTC PREDICTION OF THE MOVING AVERAGES This is based on pure speculation and is totally meaningless enjoy.
BTC ANALYSIS#BTC HOURLY UPDATE.
#BTC is currently trading in falling broadening wedge which generally breaks to the upside with black box as the profit taking zone,so if btc breaks to the upside we need to ttake profits at the black box area .
BTC:USDT PROBABLE OUT COME So BTC broke to the upside and We currently in a Pull back. I Just decided to post My ideas about the market and some probable out Comes
BTC macro swing - breakout potential If we break resistance at ~20950, we could see a move up as large as 10% up to resistance levels indicated at ~22300.
Breaking lower than ~20300 would indicate a further move to the downside.
50sma crossing 200sma can indicate opportunity to swing up 5-10%, even in a relatively flat market.
Bitcoin Chart H4Here is my view for BTCUSD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
