On the 1H chart, a bearish triangle is forming on the BTC/USDT chart. Looking at the fact that Bitcoin has failed to breach the $20k wall two times now, it might be time for a healthy short term correction. Support 1 would be my best guess where the price could reverse in case of some downward movement in the coming days. MartyBoots here. I have been trading for years and I am here to share my ideas with you to help the Crypto space. DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now Crypto Is Very Bullish right now should move a lot higher This market has potential parabolic structure If you want help trading Bitcoin or any other ALT coins hit me up, We will. Today we received the long signal from the Automatic Engulfing Strategy Bot. The price formed the descending Elliott waves pattern (1,2,3,4,5), it is commonly known that there is a high probability of forming two ascending waves (A,B,C).
Trading btc usdtBTTUSDT Charts and Quotes — TradingView
If it falls, you need to make sure you get support in the Last phase of distribution before we possibly move down to lower supports. It took buyers 25 days to organize a new breakdown attempt in this range.
In the end, the BNB market is now a triangle under a critical range. The range of Do your own DD. Bnb, the native token for one of the biggest international exchange is signalling a buy on weekly. BNB is in an interesting spot, fundamentally speaking: who knows what's really going to happen to exchanges like Binance once the big regulations start hitting crypto now that it's entering the main, mainstream.
Aside from that it has good fundamentals: it's used for decreased trading fees on the highest volume crypto exchange and you can stake it for passive I, however, see higher prices for BNB. For the time, if the price could break the green line, we will see a pump. 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 BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min.
Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment!
I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance. Next resistance Videos only. Will History Repeat itself? Remember you heard it here first! Breakout Imminent!!! Bitcoin potential breakout from triangle. Wyckoff Distribution says Bitcoin will go down,don't get trapped.