Hello,
Welcome to this analysis about Bitcoin on the 2-day timeframe perspective. In recent times Bitcoin has shown up with highly bearish encounters to the downside to form its preliminary low at the 40.000 USD level. Nevertheless on the other hand simultaneously the utility of Bitcoin increased and many important technological developments in the Bitcoin field...
The daily chart gives us interesting information about how the market is going to move during the next week. what is very important to say from the beginning, we are in the bearish trend in the daily time frame.
1. The price bounced from the major support between $42 000 - 40 000 levels. The support is very important for the whole market. It was the starting...
#Bitcoin
#BTCUSDT Retest 1 done and Good bounced from Retest Level 1.
Now if #BTC dump then Ready to Retest 2 Level Around $44500
This is very important key level to hold Bull.
upward side Targets are $47000 and $52000
On a 4-hour TF, Bitcoin has some key levels for now. It is now trading in the $40,000 - $44,000 area. Bitcoin bounced near from the local support of $42,000, and now we may see another try to break the $44,000 area. If Bitcoin breaks and holds above the $44,000 area, we will see a good upward move. The market will see more panic selling if it breaks and stays...
- Based on altcoin dominances indicating risk-on activities I believe we're not in a bear market
- So we're just retracing but why is the chart so bearish?
- Wyckoff 3.0 - everybody is too smartass these days buying the dip - look at open interest and funding rates
- Make this dip look extra bearish by: breaking ema's, key fibs and major trendlines to get them to...
Hello trading friends,
This is a new day update for BTCUSDT.
Depending on data and trends, bitcoin is still interesting for the day trend.
We have the same trends as yesterday, the market is stable, and waiting for the next price action.
Data
44K is an important power trend line when we confirm the trend line with confirmation, we automatically enter the new...
Hello trading friends,
Are bitcoin ready for a new breakout to 45400 depending on the last trend? depending on the green cycle high chance that we could go coming time to that target.
There are interesting trends in whale data. we will see or it will get confirmed, otherwise, we could need more time.
This is not a trading call, manage always your risk.
more...
This technical analysis illustrates Bitcoin (1D), including;
- Fibonacci Retracement (FIB)
- Relative Strength Index (RSI)
- Moving Average Convergence Divergence (MACD)
- Chart Pattern (Falling Wedge)
FIB:
Fib 0.618 is the golden zone and I always base my trades within the rectangular box range, which is taken from wick high to wick low as a means of...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has broken the R3 resistance and made its pullback to the line. The price is making a head-and-shoulder pattern and if that is the case then it will fall. We have three scenarios for Bitcoin in mind. First is that it is likely for the price to fall to the...
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(BTCUSDT 1W Chart) - Mid-Long-Term Perspective
28130.0-29300.0 or higher: Expected to continue upward trend
41950.0-46930.0 or more: Expected to create a...
Let's see how BTC is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has pumped and now is retesting a resistance level.
The market is showing SELL volumes for BTC.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The upper...
BTC trying to find support here on the confluence of horizontal level and long-term bull trendline, on massive fear.
It's interesting how they produce so much fear near support levels.
The bigger picture: Trend still bull, BTC Still the following fractal that pointing to the much higher prices.
As we can see price is near 40K$ daily support and we expect a rise and local pump near this support zone.
now the previous daily support zone that was 46K$ turns into resistance for the price and we can expect a range here between 40K-46K so we need a breakout here first.
Also, the blue trendline is the local resistance and daily resistance zone that if it...
This graphical analysis uses:
Bitcoin Logarithmic Growth Curves and Zones
Triangle Pattern
Resistances and Supports (approximately: 30k, 40k, 50k)
In 2021, two peaks were recorded: 64k in April and 69k in November. This builds up the wide white resistance line . By applying Bitcoin Logarithmic Growth Curves and Zones, it is possible to see that BTC...
💎 BTCUSDT has broken above the major resistance and also we can clearly see an ascending triangle. We can expect that the price goes higher.
🎳 Entry zone 43184.75 - 42382.00
☕️ TP1 44180.00
🍺 TP2 45470.00
🚫 SL 42382.00 - 41984.00
Good Luck 🎲
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