Looking at the btc price action we can notice several shapes which occuring most of the time during a trend move. I think most important shape here is triangle. This pattern require patience from the . Recent takeover target FUN has hit resistance but could present some nice opportunities on a break above $ Cedar Fair (FUN %) turned down a $4B cash-and-stock offer from Six Flags . BTC may still drive higher in the mean time, but either way, a swift backtest is coming. 4. 1. Bitcoin 4hr analysis 12/22/ BTCUSDT, HeisenbergBTC. Good morning again ladies and gentlemen .
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FUN are now a part of the Binance smart chain and might pump just because of that. All my ideas are not a financial advice remember that ,. We have the classic falling wedge pattern and early signals of an upcoming bullish move. The signals are not that strong though so this is a weak setup, things can change easy and fast. Here is the previous chart Looks like a higher low is in compared to May , which would mean that a new bullish wave can take place. This can take a few short weeks to fully develop just as it Try to grab some FUN and hold for good profits.
The coin will be unstoppable after breaking the downtrend line. Buy zone: sats Target: sats Stop Loss: 19 sats. Well there are no future tellers on her that's obvious.
I haven't heard alot of newson this token but Eth is having hard with the struggles within. I sayif we break this trend it will almost go to 0. I say take the chance and buy. It can really only go up from here or this coin is still not ready for a bullrun. We have an eyes on the trendline level which have been acting so firm as support with previous two test which generate huge rally.
I expect price to behave same manner if the trendline is tested again. Focus more on accumulation zone and load up your bag. Great potential to grow hard.
Great opportunity! Consolidation light blue has been taking place since May while we continue to see higher lows. The next move is likely to be a higher high and hit up to 85 satoshis FUN look bullish imo. ETH doing well and soon other lagging alts will start to move. Happy Holidays!!! 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. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance. Next resistance It was developed by our experts for intraday trading purposes.