Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one....
After breaking the descending trend line, the RSI now holds above its former resistance-turned-support. 100EMA is working as support. However, the MACD indicates flatlining momentum with no clear direction. Despite nearing a bearish crossover, we lack momentum for significant short-term movement. Expect subdued price action or sideways movement due to this lack of...
#BTC Hi, Friends! Good to see you all. I hope you have a joyful weekend. Let me explain the short-term perspective of Bitcoin ■ The BLUE resistance line has not been able to break through upward. ■Bearish Divergence as RED appears. ■Red short-term uptrend line is broken down. ■ Expected to fall after retesting.
Bitcoin (BTC) has lost momentum over the past two days, raising concerns among analysts, and traders. The leading cryptocurrency is currently trading sideways, lacking the strong volume needed to break through key resistance levels. Low trading volume often precedes price dips, and if we don't see a surge in buying pressure soon, we could see Bitcoin revisit the...
My Dear Robbers / Traders, This is our master plan to Heist BTCUSD based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be...
he price has finally hit the daily resistance DR1 and that triggers my short trade idea from there. I think the price will pullback here towards low timeframe support LTFS1. Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.
Dear Traders, BINANCE:BTCUSDT recently ranged between $60000 to $65000, however, price created lower low and then lower high and failed to continue the pattern, in other terms price took our the sell side liquidity and then after price early mitigated. Currently we are expecting price to continue the bullish momentum until it reaches 80k **If you like our...
🏃♂️ Bitcoin is moving in the 🔴 Resistance zone($63,440-$62,690) 🔴 🌊According to the theory of Elliott waves , Bitcoin seems to be forming a main wave 3 (the next 5 impulsive waves). 📈In terms of Classic Technical Analysis , Bitcoin has succeeded in breaking the upper line of the Descending Broadening Wedge Pattern . 💡Looking at the chart of Market...
BTC ~ 4D Updated #BTC On 4D Timeframe, CRYPTOCAP:BTC USD Formed a Bull Flag Pattern. It is very bullish if it breaks the resistance line of this pattern
Hi fellow traders, BTCUSD is ready to make a move higher from the blue box. Target the 64334.88 level. Good luck and trade safe!
⚠️First, I must say that the Consumer Price Index(CPI) rates will be published today ( so be careful about your positions when they are published ). 🏃♂️ Bitcoin is currently moving in the 🔴 Resistance zone($63,440-$62,690) 🔴 (this is the third time it has attacked this zone). 🌊According to Elliott wave theory , Bitcoin seems to be in corrective waves ....
The price finally went deep into the 4h support 4HS1 and presented an ideal opportunity to go long. That is a good support zone and therefore I have taken this long. The price may head way beyond the target. But for now we keep that as a target of this trade and we will revavluate later to continue this trade further towards 4HR1 and 4HR2. Let me know what you...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
BTC ~ 1W #BTC Very simple. we found this History for 1W MACD. When the MACD crosses, the price tends to be Down. we found this at least twice in history. will it happen again this time? if yes. $55,000 - $52,000 is the closest target currently possible to achieve.
Hello friends, nice to meet you. Here's an amazing Bitcoin chart perspective today I always support your successful investment. I hope you do well with safe risk management. Go for it! Lowering the highs, the wave is moving in a downward trend. If you succeed in retesting after breaking the red downward trend line upward, you can think of it as open to...
Here is a short trade idea setup. I have taken this short trade with very tight stop loss. along with small position size. The price has moved up since we closed our long. It has now reached a key resistance level which was the level from where the price dropped last time. Therefore, this level will present significant resistance here and it will cause the price...