BTC/USDT BinanceBTC/USDT Binance
4H hollow candlesticks
As the price successfully followed the path and the forecast indicator.
After a correction a bars pattern (fractal), shows a consolidation (sideways movement), between the Support and Resistance areas.
A new bars pattern (fractal) and a forecast indicator shows a possible scenario, the next bull run will occur once the price will break out the main Resistance area at $25520.
As the bear market is over, the volume is increasing as also the market cap is above 1 Trillion dollars.
Bitcoin (BTC) = $24,960.98 +0.31%
= 14.60 ETH +0.33%
Market Cap: $1,134,139,588,406
24h Vol: $72,168,021,228
Dominance: BTC: 42.5%
ETH: 18.5%
Good Luck
#CryptoHellas Team
Btcanalysis
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary
BTC /USDT
TREND ANALYSIS
We have 1 Downtrend in red color .
We have 1 Uptrend in Green color .
Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Exercise Proper Risk Management
BTC CAN GO UPPER AGAINHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Financial Wave. BTCWe have adjusted our priority scenario in Bitcoin. But we still believe that the fall is not over and, most likely, the price of BTC will begin to decline in wave c in the near future. Once we see the first down waves, we can set short-term downside targets. If the price of Bitcoin rises above $22649, our forecast will change.
btc long analysisHi, friends. Nice to meet you.
Btcusdt is retesting by climbing on the rising trend line of an important angle, so the candle is proceeding while making ingulfing, and the sto is likely to come up from the oversold section.
Considering Fibonacci's return, I'm worried that it's a rebound in section 382, but I think it would be good to limit the position widely.
#BTC/USDT Quick Update + Trade Plan.#BTC:- Moving nice and slow to our target, the green box.
It's already up 4.5%, expecting our 7% Target to hit in the next 48 hours.
What do you think will happen when the price reaches that resistance?
I will update my next chart as per the price action.
Will analyze the chart accordingly.
For now, It's better not to FOMO into Alts and wait for some red (Likely this weekend).
Take profits, Stay cautious.
Just my 2 cents, always DYOR.
Do hit the like button to support my work.
Thank you
#PEACE
BTC/USDT analysis. Is BTC bouncing backBTC and most of the crypto coins have suffered huge loss yesterday. Many major cryptos had been forming up bearish channels and now here is the result (BTC bearish channel shown with dotted lines). But BTC seems like it is bouncing on support level which is shown here. As I see it has potential to bounce back and form up massive bullish trend. If it does, this year might bring massive gains for crypto holders. But of course, breaking belove support level and continue to lose value is possible, due to DXY (Dollar currency Index) bullish patterns and S&P500's outcome. Hope you liked my idea and good luck!
BTC DROP VERY SOONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
THE BULL RUN, MILLIONS WILL MISS.The chart prints are never a mistake, it is for our learning and direction. BTC to 10k is not happening, don't miss this opportunity to buy when millions will be thinking a little retrace is taking BTC to 10k...Be wise the chart is the only chat you need to interact with, not some gurus.
Down, up to 35.k in weeks ahead,& down again-$BTC Chart AnalysisIt looks like we received the pump we have on Bitcoin for a number of reasons- but the two most obvious to me is that 1) the price traded sideways outside of a channel, and 2), the 786 fib level of the overall move of the price was touched.
Now that we are where we are, we can observe the previous price levels above that have been tested, and the only one that hasn't been so far is the 35k range. Coincidentally, this range lines perfectly with the inverse 618 fibonacci level, and just below it, so does the 50% fibonacci level with yet another untested price range.
I am seeing this same pattern amongst all the alt coins, and even in the COIN stock itself. It seems if this is the move, and we've got quite a bit of confluence to back up this theory. That said, I expect a cool off for the next couple of weeks, another push upward to our targets for some weeks, and then downward before summer.. sooner rather than later, for sure.
CQT bullish scenarioHello Traders, I want to share with you a low cap token with good fundamental named Covalent KUCOIN:CQTUSDT .
This is my view from technical analysis perspective :
CQT has reclaimed its structure for bullish move.
The price was staying above MA200 since mid Dec 2022.
Making higher low since Aug 2022 yet btc had lower low in last Nov.
Below $0.11 is good for accumulation.
Once breakout the target are 0.189 ; 0.224 ; 0.289
BTC: 6.5% VOLATILITY AFTER THE FOMC.Hello traders, I hope you guys managed to make some profit after the FOMC meeting. We saw good volatility in the market with BTC reaching $24255. A 6.5% red and green gave a good opportunity for both bulls and bears. Yesterday's trade was purely meant for scalping and if you were smart enough then you could have made some extra cash.
Anyways, in this 3 hours chart, BTC is currently trending under a rising wedge pattern which shows some possibility of rejection in the market. If you are still holding this trade or thinking to enter then $23.1k will be a good buy zone with SL at $22.1k. If BTC manages to break and close above the upper resistance trendline then better wait for confirmation and traders holding the position can enjoy the profit.
For now, I am placing my buy orders at the bottom trendline. What is your strategy? Let me know in the comments.
Trade safely.
BTCUSDT: Bitcoin Likely to Continue Bullish After CorrectionThe outcome of the Federal Reserve's upcoming meeting will impact the direction of the BTCUSD pair. Currently, Bitcoin is experiencing a sell-off due to profit-taking, but the market anticipates a further bullish trend due to a slowdown in interest rate hikes. However, a brief bearish correction is expected. It is important to watch the 20000 price level as it may provide support in the future.
I would appreciate your support of this idea to help reach others. You can also share your opinion with me. Many thanks