BTTUSDT - Long - Potential % Entry- TP1- TP2- SL- - BTC Volatile - Manage Trade - RR - - Trailing Buy - % - Trailing Profit - 1% - Trailing Stop-Loss - No. BTC printed a small bearish flag (red on the chart) and it had a short drop this morning. Outside of this drop Bitcoin has a trading channel that is cycling down to a decision. Bearish scenario breaks down through the current channel and Bitcoin . 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. .
Btc usdt trading viewXBTUSDT Charts and Quotes — TradingView
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.. 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. If we close above , we can expect This is a quick short-term update on Bitcoin.
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 Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, BTC is facing resistance along the 0.
Bitcoin hitting top bolinger on 15 min. Sadly, it seems this growth has come to a halt. Yesterday, the pair managed to break through the trend line, signaling a strong bearish movement.
Consider Support 1 and Support 2 as potential areas of reversal. Do your own DD. This strong upside sloping support has formed since the corona crash in May. Since then, returns have been substantial for NEO.
With recent bullish influx into crypto, I think we will see a lot of fireworks with the NEO pairs. Promptly, the pair reversed to continue its upward momentum. Consider Resistance 1 and Resistance 2 as potential exits.
Hello, dear subscribers! We can see that now price is on the very strong support level. There is a support line which coincides with the daily pivot level S1. The another evidence of potential reverse is the bounce off the Bollinger Bands support line. We assume that But if BTC can break through this pennant it can go test the upper range yet again. Fouth times the charm? 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.
Btc price will go down after this month. 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. 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.