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 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 .
Tradingview usdt btcBTC/USDT CHART ANALYSIS for BINANCE:BTCUSDT by arpitmukeshmehta — TradingView India
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. Hi friends, this is the first analysis I have published here. Time to buy Videos only. Bitcoin Bear Flag! BTC can get down in short term. BTC could test upper limit a fourth time. BTC lost its up channel and now enter in a new down channel. BTC price next 6 month.
BTC can go too high or it can make an channel on this position. BTC consolidation. BTC dumping? Bitcoin pennant decision. Get Ready soon it will 25K. Long term could easily see this one do 5x or more.
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