Btcusdtanalysis
BTCUSDT : Long Trade , 1hHello traders, we want to check the Bitcoin chart. Bitcoin is moving in an ascending channel and managed to break the small descending channel in the upward direction. If the price returns to the key level of 23118, it is a good point to enter the trade and we are waiting for The ceiling of the ascending channel means that it should grow around the price of 24239. Good luck.
BTCUSDT buy Entry : 23118
Stop : 22558 , Target1 : 23681 , Target2 : 24239
Risk/Reward Ratio : 2
Bitcoin BTC Next Expected move on 4H CHARTHello guyz!!
Bitcoin currently trading now at 22889$.
from last 5 days bitcoin trading.... in a down trend.
bitcoin bounce back expected from 224000$ ( if you want open trade in long at this price)
if bitcoin brok 22400$ support then possible we see bitcoin price at 21100$ ( soo manage trade in proper way)
CURRENTLY.... rsi indicator is bearish on 4H time fram chart.
and macd indicator bearish toon on 4H tf.
do trade at your own risk.
follow me for mor more updates.
BTCUSDT hit the 4h and daily support, may head for 23300 levelThe price hit the 4h support area which is also a daily support area. We will see a bounce here probably.
This bounce has a probability to at least reach 23300 level which is a 4h resistance area. We will see how the price action is once the price reaches that resistance level of 23300.
BTCUSDT probably heading for the support at 23300Price still trading inside weekly resistance zone. Currently it is inside smaller timeframe range and under 4h resistance at 23460. Price will likely touch again the range high of previous 4h range (also the range low of current small 1h range) at 23300.
BTCUSDT : Long Trade , 1hHello traders, we want to check the Bitcoin chart in the 1-hour time frame. The market is moving in an upward channel and has reached the price level of 23223 and 23323. If the price succeeds in breaking the downward trend line, it will return to the price level of 23323. It is a good entry point to enter the trade and we expect the price to grow again to around 24200. Good luck.
BTCUSDT buy Entry : 23323.03
Stop : 22885.39 , Target : 24198.31
Risk/Reward Ratio : 2
BTCUSDT trading inside weekly resistance zoneThis weekly resistance range is indeed a strong one as price is not able to easily move above it even on intra week basis. However, once price trades above this resistance for a a day or so it is more likely that the weekly candle will close above this resistance zone.
By looking at the several attempts and the price trading longer in the resistance zone rather than below it, suggests the probability to break it further up side is higher. And that increases the probability for the weekly price to close above this weekly resistance zone higher.
BTCUSDT breached recent high as suggested There you go BTCUSDT crossed the recent high of 23960 as suggested in the previous post. The close of 4h candle above the 4 hour resistance and then bounce upon the retest of that support at 23300 confirmed this breach of the recent high at 23960.
However, the price could not cross the weekly resistance zone and for now pushed back and remains in this resistance zone.
BTCUSD hit the 4h support and a bounce expectedAs mentioned in the last post, the price did pullback to 22860 level. However, that was quite quick. This 4 hour support is not that strong, however, this definitely will produce some bounce.
Depending on the bounce, the direction of further move will be decided. It seems that the probability to move up from here is a bit higher. However, I will be a bit cautious and watch the price action carefully.
BTCUSDT broke the mid of the previous rangeSo as mentioned, the probability that the price tests the mid or low of the range was higher. And now the price broke through the middle of the range and it is highly probable that it will test the low of the range at 22450. That is a demand zone where we expect a bounce.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Almost nothing has changed from my last idea,
I still waiting for correction, but we have high probability that after last upward movement with target zone ~25k,
then i expect that correction will start with target zone 20500-19500.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
I expect that correction will start very soon.
Minimal target 20k, main target zone 19500-18500
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT - correction. starting . created
- Stuck at the 21500 level.
- price traded on top of the distribution.
- Kept even more liquidity from the top.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profit in fiat and enjoy yourself and your loved ones.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
I expect some consolidation during +-week in zone 19500-21500 then last upward movement in ~23k zone and starting of correction.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Btcusdt looking Weak Looks Like Btc want Some Correction In Shorter Tfs
Btc Was Following 50ema In From Last few days In H1 Recently 50Ema Broken
While Rsi Printed Massive bearish divergence
Now If we Look At Price Action Where Btc Forming Ascending channel Too NoW If Its Broken To Downside My Target Will Be 18700 Area
Always Wait For Confirmed breakout To Enter