Биткоин
Длинная

BTC MAGICAL TRENDLINE ACTION

От weslad
Обновлено
Black dotted lines are support and resistance levels
Сделка активна
Checking corresponding wave pattern

снимок
Комментарий
I see a potential CUP formation in the nearest future on BTC

снимок
Сделка активна
IHS in the making

снимок
Сделка активна
First support under test, 6850$

Watching the price action on daily chart looking really good, this might be the turning turning point.

снимок
Сделка активна
Confluence of support around 6700-6800 zone.

снимок
Сделка активна
снимок
Сделка активна
Finally, BTC was hit with bombshell of ETF decision date been shifted and the whole market go crazy, which broke down 6850 with full force and broke the last standing 6800 level.

Now we have a new scenario in play as next support level lies between 6300-6100.

We may have possible re-test on the previous level at 6800 before further drop.

снимок
Сделка активна
A corrective cycle seems to be completed.

снимок
Сделка активна
Weekly possibilities........... if weekly candle closes above 6345$ means price bounce of 78.6% fibonanci retracement of the last uptrend move (5754$-8515$).

снимок
Комментарий
снимок
Сделка активна
Monthly view again, BTC got supports guys fully converged.

снимок
Сделка активна
Two weeks view show a formation of MORNING STAR on a strong TRENDLINE SUPPORT.

снимок
Сделка активна
Support to watch for on weekly
6125
6055
5816
5995

снимок
Сделка активна
Possible wave pattern:

This wave will be voided if BTC make new low: i.e if price closes below $5755

снимок
Сделка активна
On 1hr timeframe potential breakout is looming, price trading in a triangle

снимок
Комментарий
Broke up next target is 6700/6800

снимок
Сделка активна
We may have this pattern if price manage to close above 6800$

снимок
Комментарий
Please click on play button to read more on chart, support us with likes and remember to follow us for timely update.

Thanks
Сделка активна
BTC is pushing up gradually but we not forget the resistance ahead at 6700-6800.

снимок
Сделка активна
Extensive wave pattern well stated out. Immediate target still remain 6700-6800, that will end wave 3 count.

снимок
Сделка активна
Bearish channel formation, which at same time can be tagged as bullish flag.

снимок
Сделка активна
The flag broke up nicely.

снимок
Сделка активна
Bullish RSI divergence is making good shape right now.

снимок
Сделка активна
Good price action formation with great bounced, immediate target remain 6700-6800.

снимок
Сделка активна
Sellers condition: Price need to close below 6300$

Buyers condition Price need to close above 6635$.

Fingers crossed.

снимок
Комментарий
BTC at crossroad again!!! time to make decision.
Сделка активна
Sellers won this, BTC broke down.

снимок
Сделка активна
After breaking 6300$ down yesterday, BTC tends to continue downward with targart point situated at 5815$.

We may have possible re-test on the support at 6300$ before further drop or price may go straight down.

Note:
If for any reason price find its way back above 6300, it invalidated this down scenario, then we may have another test on 6600$.

снимок
Сделка активна
BTC is consolidating again, and time for next move is near either pump or dump, here are some level to guide our trading decisions.

On the Pump side we got resistance on the following level:
6305
6425
6915
7100

On the Bear side we got support from these levels:
6000
5943

Magical Trendline support start here:
5829
5768
5680
Anything below these aboved mention support means we will start a new set of support which are:
5487
5346
5265
then
4k supports.

снимок
Сделка активна
снимок
Сделка активна
Hi guys the pattern break up and presently trading at the range of 6400/6500.

Next Resistance remain 6525 if this level break we will face a little fight again at 6600.

снимок
Сделка активна
BTC is re-testing the previous range level, this is good buy opportunity for target around 7100-7600.

снимок
Сделка активна
BTC is moving in BAT pattern, and Bearish Bat is forming at the moment with target around 6800-7100

снимок
Комментарий
The above BAT pattern will be invalidated if price closes below 6140$
Сделка активна
Potential Invert Head and Shoulder fomation on BTC timeframe 4hours.

снимок
Сделка активна
Inverted SHS pattern formation is completed with right shoulder formed.

BTC is expected to rally up in accordance to the principle of ISHS targeting 7100$.

Stop Loss for the pattern is at 5900$.

снимок
Сделка активна
Inverse Head and Shoulder formation detected yesterday hit stop loss and price rally more down to test 5880 area.

Here is possible next BTC move. Its trading in a bearish channel for now.

снимок
Комментарий
Considering the topic of this thread to be Magical trendline action on BTC, it happened yesterday we had the first test on the trendline at exactly 5858$ and price bounced off as expected.

Here is monthly view of the trendline

снимок

This is the weekly view of it
снимок

We also have the 3days view of the event as the trendline show it worth
снимок

Then we have the action on the daily timeframe with the trendline
снимок

We finally narrow it down to the 4hours timeframe to see how it behave on smaller timeframe.
снимок

Stay tune guys as the post will be continuously updated as the event unfold.

Thanks and please do click like button on this post as it keep me going.
Сделка активна
BTC in Continuation Pattern, Moon time is Near!!!!!
Сделка активна
We said BTC is trading in a bearish channel which is almost at the top of the channel, two things is possible here, either for price to break it or drop back down.

снимок

Here is current BTC position
снимок
Сделка активна
This BTC channel show entire BTC lifecyle
BTC LIFECYCLE
Beyond Technical AnalysisTrend Analysis
weslad
📍ATTENTION!

BEWARE OF FAKE CHANNEL & SCAMMER🎯
Official Channel: t.me/+m0IACMn0ul03OTFk

For premium Zone: t.me/wcsepayment

Join our Live trading session: vm.tiktok.com/ZMr3EXndY/

Похожие публикации

Отказ от ответственности