✅ As I expected , Bitcoin reached the 🔴 Resistance zone($65,700-$67,520) 🔴. 🌊According to Elliott's wave theory , Bitcoin is completing wave 5 . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈Looking at the Market Cap USDT Dominance% (USDT.D%) chart , I see that USDT.D% has completed its Zigzag correction(ABC/5-3-5) in the...
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...
Hi Realistic Traders, let's take a look into the technical analysis of BINANCE:BTCUSDT after halving! Bitcoin has consistently held above its bullish trendline, rebounding from it three times. Recently, it has moved above the EMA90 line again, suggesting the trend could continue. A closer look at the price action shows Bitcoin breaking out of a falling wedge...
🧠Structurally, a large double-top bearish structure holds true and we are in the midst of a weekly-level correction. It is currently in the rebound stage, and the goal of the double bottom structure has not yet been achieved, so we still have the possibility of rising, so don’t rush to go short, wait patiently for the price to reach the heaviest resistance zone...
💡 Bitcoin managed to break the 🔴 Resistance zone($65,700-$64,180) 🔴, Resistance line and 50_SMA(Daily) yesterday. 💡 Bitcoin seems to be completing a pullback right now. 🌊Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4 . 📈In terms of Classic Technical...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) USDT is expected to gap up. (USDC 1D chart) USDC is also expected to increase its gap. I believe that the rising gap between USDT and USDC is a sign of funds flowing into the coin...
#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.
Btcusdt made a cup & handle pattern on price action handle of the cup or flag is in the making we can trade between the range. Buying is recommended at the area of 54650 to 44700 with the stoploss of 36900 For the target area of Tp1 84000 Tp2 115000 & trail. If you're a leverage trader buy at above the breakout area of 74000. SL below 66000 Target remains the same
BTC USDT.P TIME 1 D Green lines to buy Red line to save profits LEV 5-10 CROS
🧠Adjustments at the weekly level are underway, so we still need to be alert to the risk of a pullback. ➡️From a structural point of view, the level of the double top bearish structure is significantly larger than the level of the double bottom bullish structure, so we may have difficulty reversing expectations of further corrections in the correction. Moreover,...
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.
🏃♂️ 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...
🔥When the ideal target zone is realized, there is an expectation of a callback, so we choose to close the position after reaching the target zone. Congratulations to the friends who followed Wolf King to print money and obtained a rate of return of 800%+.🎉💰🍻 🧠From a structural point of view, we have broken through the turning point, so the bull structure of a...
I plan to trade as a short chapter to check whether it is the A section of the 5th wave.
🧠From a structural point of view, we have broken the short defensive point, which means that the short structure is destroyed and we will continue the long trend with a high probability.📈 ➡️However, there is heavy resistance where it is currently, so please be cautious in chasing the rise. If there is a good callback, it will be regarded as a good new entry...
⚠️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...
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...