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Btc1h

BTC/USDT BinanceBTC/USDT Binance 1H Hollow Candlesticks Since the price broke the parallel ascending channel, we saw a rise of around 40%. Currently, the Support level is predicted by the extension of the golden ratio of a Fibonacci Retracement and the Resistance level is at 38K. Also, an ascending triangle has been formed, where the rule says that since the price entered from below, at the end of the triangle, the price will move up. From an imprint of a previous movement (Bar Pattern / Fractal) we can theoretically assume a future movement that the price of Bitcoin will follow. Market Cap: $1.42T +0.70% 24h Vol: $57.41B -27.66% Dominance: BTC: 51.0% ETH: 17.5% Good Luck CryptoHellas Team
Long
by CryptoHellas
2
BTC Long 1Hr Analysis The price will likely go around 28620 to test the nearest resistance because of the following reasons: RSI Currently, the price is at 37 on RSI so will definitely go to 70 and above thus the price will go upside. Parallel Ascending Channel Price is moving in a channel and currently at the support of this channel. we can see a bounce back from this level to the next resistance which is around 28620. Price at support Price is on a major support level between 2800 and 27860 and respecting this resistance. Bullish Engulfing Candle A bullish engulfing candle is a good sign for the entry near the support so all these indicators and signs are showing a good entry and the exit price is around 28620 which gives the 800 points in BTC.
Long
by sanasaeed
2
BTC 1 Hour Time frame, #BTC Update#BTC update As I mentioned yesterday that BTC needs to cross 42200 and hold it otherwise it can re-test at 40600 so it re-tested at 40800 by yesterday. Today on 21.04.2022, BTC is holding support of 41200 and 40800, and currently, it is ragging a kind of vertical wedge. Again I will say that #BTC needs to cross 42200 and need to hold it otherwise it can go below up to 39k Zone this time due to the coming weekend maybe. Please share your opinion for cross discussion !!!
by Hassanaskarisyed
2
BTC Manipulation Zone, Don't Be Fooled!Hey guys, BTC 4h chart, a little more zoomed in so you guys can see what we can look to expect over the next couple of days. This is just an IDEA I am playing with based off MM's and Price Manipulation. We are currently in a range, and MM will be looking to get people to open shorts and longs within this range before doing a STOP HUNT/LIQUIDITY GRAB and then finding our true direction. We can see areas of interest for the liquidity grab, they are of course going to be the order blocks, which ones? We don't know, but we we will be able to see as its happening. They might decide to choose the 4hr or 1hr order blocks to return to, but we will only know by them taking out all the desired liquidity and not allowing the price to push past the OB of their choosing. This will be interesting to see how it will play out.
by UnknownUnicorn15302902
9
W Neckline Too Strong for BTC!!!???As i mentioned in this mornings' video, the 49.500 Resistance and neckline of the 'W' pattern (Green) on the smaller time-frames, is proving to be a challenge for the bulls. This has been a solid support/resistance area for qite some time now. In addition we just broke down from this wedge (Orange) on the 1h and now we need to see if we are going to be able to find support before or when we get back to the channel (Pink) that has been a strong resistance for several weeks until we've broken out of it to the upside yesterday. I'll keep you posted if anything significant happens. Check my previous posts, most of them are still relevant and will give you a better idea about my analysis and targets. Cheers and happy trading!
by BitcoinEasyIO