#BTCUSD by VincePrince
Why BTCs H-S-Formation Will More Likely Form A Upside-Breakout!
@cryptochartmonkey
Why BTCs H-S-Formation Will More Likely Form A Upside-Breakout!
@cryptochartmonkey
#BTCUSD 1W
#BTC
#bitcoin
#بیتکوین
📛Apparently the price is in an uptrend channel and the price is on the verge of touching the bottom of the channel ... The last trench is in the range of $ 28,000 to $ 32,000 and if this range is broken, we should wait for the prices of 18,000 to 19,000 to be seen. If we support the price, we can see an upward movement in the range of 46,000 to 48,000 dollars ...
📛ظاهرا قیمت در یک کانال صعودی قرار دارد و قیمت در آستانه ی لمس کردن محدوده ی کف کانال است ... آخرین سنگر در محدوده ی 28000 تا 32000 دلار قرار دارد و اگر این محدوده نیز شکسته شود باید منتظر دیده شدن قیمت های 18000 تا 19000 دلار باشیم ... در صورت حمایت قیمت میتوانیم تا محدوده ی 46000 الی 48000 دلار یک حرکت صعودی را شاهد باشیم ...
#BTC
#bitcoin
#بیتکوین
📛Apparently the price is in an uptrend channel and the price is on the verge of touching the bottom of the channel ... The last trench is in the range of $ 28,000 to $ 32,000 and if this range is broken, we should wait for the prices of 18,000 to 19,000 to be seen. If we support the price, we can see an upward movement in the range of 46,000 to 48,000 dollars ...
📛ظاهرا قیمت در یک کانال صعودی قرار دارد و قیمت در آستانه ی لمس کردن محدوده ی کف کانال است ... آخرین سنگر در محدوده ی 28000 تا 32000 دلار قرار دارد و اگر این محدوده نیز شکسته شود باید منتظر دیده شدن قیمت های 18000 تا 19000 دلار باشیم ... در صورت حمایت قیمت میتوانیم تا محدوده ی 46000 الی 48000 دلار یک حرکت صعودی را شاهد باشیم ...
📊NEUTRAL: #BTCUSD | $BTC(1M)
Current Price $71945.00
Market Cap $1421.47B
Change 1h -1.39% | 24h -0.47%
Our teams analysis will discuss the upcoming Bitcoin peak and how to ensure a profitable exit. Historical data shows that each cycle has ended when RSI hits the purple resistance line on the chart. Simply sell your BTCs when RSI hits this mark in any given month.
Current Price $71945.00
Market Cap $1421.47B
Change 1h -1.39% | 24h -0.47%
Our teams analysis will discuss the upcoming Bitcoin peak and how to ensure a profitable exit. Historical data shows that each cycle has ended when RSI hits the purple resistance line on the chart. Simply sell your BTCs when RSI hits this mark in any given month.
📉SHORT: #BTCUSD | $BTC (4H)
Current Price $68451.00
Market Cap $1343.52B
Change 1h +0.29% | 24h -3.41%
We see Bitcoins current trend as it breaks below the blue and yellow support zones on the 4hr chart. Its currently testing the yellow band from below and our voss indicator is falling. The 15 min oscillator is also overbought, while the 1 min chart is giving a sell signal at 68400.
Current Price $68451.00
Market Cap $1343.52B
Change 1h +0.29% | 24h -3.41%
We see Bitcoins current trend as it breaks below the blue and yellow support zones on the 4hr chart. Its currently testing the yellow band from below and our voss indicator is falling. The 15 min oscillator is also overbought, while the 1 min chart is giving a sell signal at 68400.
📈LONG: #BTCUSD | $BTC (4H)
Current Price $66885.00
Market Cap $1314.89B
Change 1h +0.22% | 24h -1.67%
Our team is anticipating another sharp drop in price after consolidation and sideways movement (which benefits alternative cryptocurrencies). This would provide clarity to the Elliott wave structure. In future videos, I may repeat myself, but please excuse any forgetfulness. While we remain bullish in the long term, we hope for a bearish correction before the next bull run.
Current Price $66885.00
Market Cap $1314.89B
Change 1h +0.22% | 24h -1.67%
Our team is anticipating another sharp drop in price after consolidation and sideways movement (which benefits alternative cryptocurrencies). This would provide clarity to the Elliott wave structure. In future videos, I may repeat myself, but please excuse any forgetfulness. While we remain bullish in the long term, we hope for a bearish correction before the next bull run.
📉SHORT: #BTCUSD | $BTC (1D)
Current Price $67215.00
Market Cap $1321.61B
Change 1h +0.25% | 24h -1.27%
We are monitoring Bitcoin as it breaks below the yellow SCD BAND and tests for potential resistance. Our 45-minute oscillator is touching overbought levels while the Voss indicator falls on the daily chart. We have a sell signal on the 30-second timeframe, and we will see if sellers can push the price down.
Current Price $67215.00
Market Cap $1321.61B
Change 1h +0.25% | 24h -1.27%
We are monitoring Bitcoin as it breaks below the yellow SCD BAND and tests for potential resistance. Our 45-minute oscillator is touching overbought levels while the Voss indicator falls on the daily chart. We have a sell signal on the 30-second timeframe, and we will see if sellers can push the price down.