#BTC/USDT
Signal Type: Long
Leverage: Cross 50x
Entry Targets: 28900 28400
Take-Profit Targets:
1) 29050
2) 29200
3) 29350
4) 29600
5) 29850
6) 30200
7) 30500
8) 30800
Stop-Loss: 28000
Signal Type: Long
Leverage: Cross 50x
Entry Targets: 28900 28400
Take-Profit Targets:
1) 29050
2) 29200
3) 29350
4) 29600
5) 29850
6) 30200
7) 30500
8) 30800
Stop-Loss: 28000
#BTC/USDT ANALYSIS
BTC successfully retested above the key horizontal support and cleared some downward liquidity. $28710 is the main support level for bulls in case of further retracement.
Now it will form the 3rd bullish impulsive wave. The corrections are small as compared to the impulsive waves. So this is the confirmation of a massive bullish rally going to happen soon in the market.
BTC successfully retested above the key horizontal support and cleared some downward liquidity. $28710 is the main support level for bulls in case of further retracement.
Now it will form the 3rd bullish impulsive wave. The corrections are small as compared to the impulsive waves. So this is the confirmation of a massive bullish rally going to happen soon in the market.
#BTC/USDT ANALYSIS
BTC pumped after the breakout of the descending trendline and it also break out the horizontal resistance and MA 200 which will now act as support.
Currently, it is retesting above MA 200 and a successful retest above MA 200 or the horizontal support would be a sign of the continuation of the bullish move.
BTC pumped after the breakout of the descending trendline and it also break out the horizontal resistance and MA 200 which will now act as support.
Currently, it is retesting above MA 200 and a successful retest above MA 200 or the horizontal support would be a sign of the continuation of the bullish move.
#BTC/USDT ANALYSIS
BTC hunted stops below the ascending trendline support and came back inside the triangle. It attempted to pump from the trendline support, but the volume was insufficient to produce an effective bounce.
The bulls need to show some energy to regain bullish momentum. A successful breakout of the triangle is the bullish confirmation, and a breakdown with a candle close below the triangle would be a further bearish sign.
BTC hunted stops below the ascending trendline support and came back inside the triangle. It attempted to pump from the trendline support, but the volume was insufficient to produce an effective bounce.
The bulls need to show some energy to regain bullish momentum. A successful breakout of the triangle is the bullish confirmation, and a breakdown with a candle close below the triangle would be a further bearish sign.
#BTC/USDT ANALYSIS
BTC bounced after successfully retesting the descending trendline and horizontal support. Currently, it is facing a trendline resistance at $27500.
A breakout of this level would confirm a move toward the point of control level of $28302, which is the main level for bulls to do a solid breakout for the confirmation of a strong bullish rally.
In case of rejection and a sustained breakdown of the ongoing horizontal support a downward move is also expected toward the lower marked horizontal support.
BTC bounced after successfully retesting the descending trendline and horizontal support. Currently, it is facing a trendline resistance at $27500.
A breakout of this level would confirm a move toward the point of control level of $28302, which is the main level for bulls to do a solid breakout for the confirmation of a strong bullish rally.
In case of rejection and a sustained breakdown of the ongoing horizontal support a downward move is also expected toward the lower marked horizontal support.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
BTC breakdown the head & shoulder pattern and retested successfully below it. Currently, it is holding above MA 100.
A sustained breakdown of MA 100 would confirm a move toward the marked trendline and horizontal support, from where a good volume bounce is expected.
In case of a bounce from here and bulls reclaim the neckline of the head & shoulder, then that would be a bullish sign.
BTC breakdown the head & shoulder pattern and retested successfully below it. Currently, it is holding above MA 100.
A sustained breakdown of MA 100 would confirm a move toward the marked trendline and horizontal support, from where a good volume bounce is expected.
In case of a bounce from here and bulls reclaim the neckline of the head & shoulder, then that would be a bullish sign.
#BTC/USDT ANALYSIS
Bitcoin has broken out of its descending broadening wedge pattern with significant volume. Currently, it is trading above the Ichimoku cloud, indicating strong bullish momentum.
However, the 200-day moving average is acting as a resistance barrier. A breakout above the 200MA would signal further bullish momentum for BTC.
Bitcoin has broken out of its descending broadening wedge pattern with significant volume. Currently, it is trading above the Ichimoku cloud, indicating strong bullish momentum.
However, the 200-day moving average is acting as a resistance barrier. A breakout above the 200MA would signal further bullish momentum for BTC.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
Bitcoin has perfectly bounced from the support trendline of the ascending triangle. Currently, it is testing the horizontal resistance zone of the triangle. The 200MA is acting as resistance above the current price action, while the Ichimoku cloud is showing bullish momentum.
A solid breakout above the 200MA and the ascending triangle would indicate further bullishness for BTC. On the other hand, the price may be rejected at this level, leading to further consolidation within the pattern.
Bitcoin has perfectly bounced from the support trendline of the ascending triangle. Currently, it is testing the horizontal resistance zone of the triangle. The 200MA is acting as resistance above the current price action, while the Ichimoku cloud is showing bullish momentum.
A solid breakout above the 200MA and the ascending triangle would indicate further bullishness for BTC. On the other hand, the price may be rejected at this level, leading to further consolidation within the pattern.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
Bitcoin is experiencing a robust rebound from its support trendline, yet it faces resistance from the Ichimoku cloud, reflecting current bearish momentum.
To gain a clearer bullish outlook, it is crucial to await a breakout above the Ichimoku cloud and the horizontal supply zone.
This breakout would signal a potential shift in market sentiment and pave the way for Bitcoin to reach new peak levels.
Patience is key as the market tests these critical resistance levels, but a successful breakout could mark the beginning of a significant upward trend.
Bitcoin is experiencing a robust rebound from its support trendline, yet it faces resistance from the Ichimoku cloud, reflecting current bearish momentum.
To gain a clearer bullish outlook, it is crucial to await a breakout above the Ichimoku cloud and the horizontal supply zone.
This breakout would signal a potential shift in market sentiment and pave the way for Bitcoin to reach new peak levels.
Patience is key as the market tests these critical resistance levels, but a successful breakout could mark the beginning of a significant upward trend.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending channel pattern and is facing resistance from the Ichimoku cloud, which indicates bearish momentum.
Meanwhile, the 200MA is acting as support, demonstrating bullish strength. We need to wait for a successful breakout above the Ichimoku cloud and the channel's resistance trendline to signal a potential bullish rally.
On the other hand, if Bitcoin breaks below the 200MA and the channel's support trendline, we could see a market correction.
Bitcoin is currently consolidating within a descending channel pattern and is facing resistance from the Ichimoku cloud, which indicates bearish momentum.
Meanwhile, the 200MA is acting as support, demonstrating bullish strength. We need to wait for a successful breakout above the Ichimoku cloud and the channel's resistance trendline to signal a potential bullish rally.
On the other hand, if Bitcoin breaks below the 200MA and the channel's support trendline, we could see a market correction.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
Bitcoin is currently trading near its resistance trendline after a robust rebound from the support trendline, indicating strong upward momentum.
Positioned above the Ichimoku cloud and the 100-day moving average, which are providing significant support, the current price action suggests bullish sentiment.
A breakout above the resistance, followed by a successful retest, could trigger another bullish rally, potentially pushing the price higher.
However, there is also the possibility of a decline if the price fails to break through the resistance trendline, emphasizing the critical nature of this juncture in Bitcoin's price trajectory.
Bitcoin is currently trading near its resistance trendline after a robust rebound from the support trendline, indicating strong upward momentum.
Positioned above the Ichimoku cloud and the 100-day moving average, which are providing significant support, the current price action suggests bullish sentiment.
A breakout above the resistance, followed by a successful retest, could trigger another bullish rally, potentially pushing the price higher.
However, there is also the possibility of a decline if the price fails to break through the resistance trendline, emphasizing the critical nature of this juncture in Bitcoin's price trajectory.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
Bitcoin is consolidating within an ascending channel, currently trading just above the support trendline. The Ichimoku cloud and the 200-day moving average both indicate bearish momentum, serving as resistance to the price action. We need to wait for a decisive breakout or breakdown.
Bitcoin is consolidating within an ascending channel, currently trading just above the support trendline. The Ichimoku cloud and the 200-day moving average both indicate bearish momentum, serving as resistance to the price action. We need to wait for a decisive breakout or breakdown.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC dropped inside the support zone finally and kinda reacting now. H4 Market Structure is kinda Bearish now, and can potentially move to the upside though. Anyway daily candle must sustain above the zone.
Forwarded from VIP News - Rich Traders 🤑💰
#BTC/USDT ANALYSIS
Bitcoin is facing rejection from the resistance trendline of the descending triangle. It is currently trading above the horizontal demand zone of the triangle.
The Ichimoku Cloud indicates bearish momentum, while the 200-day moving average provides support below the triangle.
We need to wait for a confirmed breakout or breakdown to determine Bitcoin's next move.
Bitcoin is facing rejection from the resistance trendline of the descending triangle. It is currently trading above the horizontal demand zone of the triangle.
The Ichimoku Cloud indicates bearish momentum, while the 200-day moving average provides support below the triangle.
We need to wait for a confirmed breakout or breakdown to determine Bitcoin's next move.