BTC/USDT currently trading at $ LONG ENTRY level: only enter long after the symmetric Triangle Breakout. STOP LOSS: once I see the breakout I will update stop loss Resistance level 1(Target 1): $ Resistance level 2 (Target 2): $ Max Leverage: 4X ALWAYS KEEP. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go up in the region of $ 29, to believe in growth. BNBUSDT - It is either finished the 5th of 3rd of C wave up as truncated 5th OR it may extend the cycle up. so go pump it above new high or sell on bounc once the impulse down cycle confirmed in 5 min time frame down side with bounce with stop level above last high.
Btc usdt tradingviewBTCUSD — Bitcoin Chart and Price — TradingView
If BTC goes below the current pennant, lookout.. In this down channel we can hove an soft dump if it don't break the down line of this channel and in other side if it break the top line of channel it can pump. As I sayed on last idea BTC stay in a channel for a while and now its breakthe top line of the channel on and pumped and as I sayed on last idea its give us a good short on its channel now we have an strong on If it break can do a bulliesh If it cant break again make an channel as I showed on chart.
Btc price will go down after this month. Looking at the charts BTC moved up as predicted. It's hit the upside wall at the Now begins the consolidation phase where btc travels sideways and reloads for another move. If that consolidation phase bounces across and slowly moves down BTC will form a bullish flag for another move forward.
That's the formation I'm watching for. In these sideways Wave C accelerating as expected. BTC is in a pennant pattern. A break above it's current mark blue arrow on the chart and BTC could challenge it's all time high again Area indicated in a yellow circle on the chart. It all depends on which side of the pennant BTC decides to exit. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture..
However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line.
After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. Hello dear friends, as you can see, my expectations for the breakdown of the level did not come true. This position is open, as there were opportunities to close it with a plus, but I did not. The symmetric triangle was broken upward. We have a double bottom, so it's too early to talk about a fall.
Although all big TFs say otherwise. I have another Which one do you think will happen? This post is just a personal idea and not a buying or selling advice. During the BTC price instability we received the long signal from our Automatic Hammer Strategy, but, please be careful because the risk of this trade is high. The technical analysis confirmed the strategy assumption. We can see the price is above the CPR and S1 levels.
Now, it bounced off the S1 level and SMA which means that the uptrend is strong. Also the