BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC IS STEAL GOING AS MY SECOND SCENARIO
BTC breaks out this bullish expanding triangle now it is retesting. But there is a local resistance of 50 ma which is at around $39,800 level. Let's see the price can break this ma or not.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Btcusdtrade
BTC/USDT 1 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC IS GOING AS MY SECOND SCENARIO
The second scenario- If BTC got rejected from the upper resistance level of this expanding Triangle then we can accept a drop up to $35500. Let's wait and see how the market reacts in a few hours.
EXPECT A BUNCE FROM 34500K LEVEL.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
BTC/USDT 1 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous BTC chart that BTC will bounce from the $36500 support level and it bounced.
now, we are having $38000 and this blue line as resistance.
The first scenario- If BTC break and close outside this upper resistance of this bullish expanding Triangle then we can accept A bounce up to 40k.
The second scenario- If BTC got rejected from the upper resistance level of this expanding Triangle then we can accept a drop up to $35500. Let's wait and see how the market reacts in a few hours.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
BTCUSDT HARMONIC PATTERNS - RISE TO $53K OR BREAKDOWN TO &31KHiii Cohorts!! Trust y'all are doing great? It's been a long time i made TAs on cryptocurrency though it's bad meeting btc at the edge of a cliff. Well, this was very much expected because of the price action of btc completely corresponds with the technical analysis. At the moment, btc has formed a bullish inverse and head and shoulder pattern after an voluminous dip from $69k but now starting to get futile due to the triple rejections at the weekly resistance level ($45.7k). Now, bitcoin is probable to follow the harmonic pattern in the descending channel if it fails to close above the weekly resistance ($43.1k) which will ratify a possible era of a new bull season. The harmonic patterns have been playing out consistently since the second time bitcoin survived ($30k support level) in july 2021 which is now regarded to as a major support level for bitcoin. The current state of the crypto market is still bearish until we see a reverse above the weekly resistance ($43.1k). Sooner or later, we'll ascertain the next possible move with the help of the lower time frames but for now, bitcoin is absolutely bearish.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
BTC/USDT 1 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my previous BTC chart that BTC is forming this bullish expanding Triangle as I said that BTC can drop up to 36500$ now it is lying on the support of 36500$ we are expecting A Bounce up to the upper resistance of the expanding triangle.
If BTC breaks this 36500$ support then we have local support, of 35500$ and a very important support level is 34500$.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTCUSDT DAILY Short position indicators explained in short formReferring to below chart on daily BTC USDT , indicators are leaning short .
4 EMA aligned to bear side
55 MA and 200 MA aligned with possible convergence to death crossover bear version expected in next days .
AO in red and negative space below zero
MACD crossing down through zero level towards negative space
Money flow pointed downwards
RSI STOCH apparently overbought however to be observed carefully as this is NOT a lagging indicator and can switch quickly to remain at high levels . To be determined.
BTC/USDT 1 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
In a shorter time frame BTC break out upside this bullish falling wedge pattern and will come to retest the 39800k support level we are expecting a bounce from there up to 40k.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC breaker the 39k support but Candle is not closed yet! now we have a 38800k level as support let's see how the 4-hour candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC/USDT 6 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart In a shorter timeframe BTC is making this ascending triangle pattern we are expecting a bounce from this 39800$ support level so let's see how it's going.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC/USDT 1 DAY UPDATEWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
My previous BTC chart has been invalided so now As we can see in the chart that BTC is having 39400 and 38800 as a support level so we are expecting a bounce from this level but for confirmation let's see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart BTC is lying on the support of this ascending channel pattern and 21MA also we expect a bounce from here to 46k level resistance let's see how daily candles close.
RESISTANCE LEVELS are 44800k and 46k level.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart BTC is lying on the support of 43900k we expect a bounce from here to 46k level resistance let's see how 4 hours candles close
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC BREAK OUT 43K WHAT's NOW?Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BTC is going as my first scenario it broke and closed upside the 43k resistance level now it has the support of 50 ma and 43k level.
Expected a bounce from support levels up to 46k level.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
BTC/USDT 4 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As I mentioned in my higher time frame chart that if BTC Breaks and closes downside the 42k level then it will drop up to 40k-39k support level. Now broken down is done we have to just wait for 4 -hour candle closing.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.