tradingview india. btc has just made a new high of +. the support and ressistance were drawn days back and were still working fine. due to which we were able to catch this movement. this analysis . Looking at the charts BTC moved up as predicted. It's hit the upside wall at the K level. 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 . 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. .
Tradingview usdt btcBTCUSD — Bitcoin Chart and Price — TradingView
BTC pennant. Same setup. It's been rejected at the upper resistance level 3 times now. 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. 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.
Similar setup as to when BTC past the 20K mark 2 posts back Been buying dips on this and plan to continue doing so. It has seen wild volatility and successful retest of breakout from With a lot of alts rising sharply, I think we will see a small rebound towards earlier highs in the coming week. My targets are Resistance 1 and Resistance 2, since I expect some selling pressure around there. Which one do you think will happen? This post is just a personal idea and not a buying or selling advice.
We're seeing good upward movement today across the crypto market after a pretty grim Friday. Looking at the 4H chart, we can see there's a big move brewing soon. Volume has been steadily dropping, we're in a parallel wedge mid-term and a downward channel short-term. There's the potential for us to break out of the upper bounds IF we see buy volume increase Support 1 would be my best guess where the price could reverse in case of some downward movement in the coming days.
If Bitcoin might end up in a free-fall, Since two weeks, the pair is starting to form a wedge. Today, the price has bounced off the trend line yet again, signaling a new upward movement in the short term. A brief look at the monthly Tether prints vs Bitcoin's price. Predictions and analysis. Videos only.