Bitcoin step recovery w/ correctionBitcoin could have a steep recovery but with a possible correction(fib retracement to the golden line) if it fails to break the 200MA.
In the long run, the bitcoin cup and handle bullish pattern is still intact.
Bitcoinusdtperp
Bitcoin may breakout in next couple of daysBINANCE:BTCUSDM2024
Although there is no indicator for market shift but the demand zones for 4h time frame may indicates that Bitcoin may break through the downwards regressive channel if it stays above the demand zone
BTC 90K is not for away!We have entered the second quarter where markets will make sharp movements.
Determining the ranges beforehand is a master's work and not accurate. However, I think the points I have highlighted in blue have the potential to create a nice range.
After the deviations here, I think the price could suddenly reach 90K. Before this 90K move, maybe we will make deviations in the red boxes and see a retest to the 0.5 point. In this case, I want to build a long position with 3% risk by adding another 1.5% to my position.
Taking a look at a clear shot.
Bitcoins been in a tight consolidation around the previous highs. It's unprecedented we break into new highs before halving, so I find it interesting we're so close to them. I believe some retracement is key here due to the rapid nature of the rise here, that or significant consolidation.
For these reasons, I am taking a short here at the resistant level on this second tap, if this were a third or forth tap, I may be slightly more conservative, but this I feel is a moment to make it really count.
bitcoin update possible wave 4 or B Get stop Sell
Follow my updates daily by following my profile to help my portfolio grow, I'm starting and I'm working hard every day to put scenarios here :)
invite your friends to follow along
BTCUSDTHey dear traders!
Bitcoin (BTC) in my opinion based on Technical Analysis.
Make sure to have a close look at Key Support and Resistance levels, also the Resistance Trend Line.
Good Luck.
$11,948 in 5 days - 5/05/22According to the VIX Cheat Sheet Indicator the Nasdaq will lose around 2.64% within the next 5 candles.
NASDAQ has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the index has resistance at 12600 points. The index is assessed as technically negative for the medium long term
2 cent ideathis what im expected, im not bullish or bearish and this is just my 2 cent idea
not financial advice
Upcoming Moves of Bitcoin in Short Time Frame Looks like that bitcoin has completed B wave in Complex formation and now it is going for C wave if it go right it can extend upto 52k zone.
Bitcoin chart predication 4HBTC is now sideways to jump new high. it break local resistance level go down position of short
BTC/USDT Correction in the NEAR Future....BTC/USDT has been in a downward channel that has recently pushed 64.65% hitting the current supply....
A correction is incoming and has failed to break the current supply. Once BTC breaks below my current trendline and retests this would be a great time to start finding short opportunities.
The first demand level is between $41495-$39450 if price falls below I have listed out the other three demand zones.
Always take profit when entering a demand zone good rule of thumb is the 25/50/75/100 rule!
As always look for high volume plays and strong price action before entering a trade.
Comment if you have any questions or if you agree/disagree!
This is not financial advice trade at your own risk.
BITCOIN PULLBACK POSSIBLE 🩸Hey hey my friends 🤠
Hate to be the debbie but, if we dont break to the upside of this we have some downside ahead of us! 😓
That is okay though! We can find some good scalp options and get some good entries on these overbought altcoins 🥳
If you have altcoin positions open and in profit move stop loss into profit, recommended ✔️
Lets watch the show 🎬
