Bitcoin Head & Shoulders!BINANCE:BTCUSDT
Bitcoin has printed into a Head & Shoulders also evident on 4h.
Watch for Fakeout at 30k level for a fakeout and then breakout to upside.
Failing that 28.8k level could retest and provide short term short.
Bitcoin is still Bullish, but watch for major bearish retests to continue to ride to lower levels of support.
But at these levels there are many buyers lurking around so wait for entry trigger confirmations.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Btcusdtanalysis
BTCUSDT Analysis(23 APRIL 2023)Hello everyone,this is just my simple analysis and Happy Eid Mubarak to all muslim.
-Price maybe will go down to 26908 and the price will stay around that zone.
-A lot of price retest and obviously can see it on lower time frame.
-Price compression on lower time frame. Good sign and might be possible to bullish.
-26908 and 26578 is a good strong zone for now and a lot of retest.
-Its a waiting game,be patience.
I AM NOT A FINANCIAL ADVISOR,EVERYTHING I SHARE IS JUST MY OPINION.
(Sorry for my bad english lol)
AVAX BUILD UP BREAKOUT!KUCOIN:AVAXUSDT
AVAX price action is squeezing for an imminent move following Bitcoin.
Read my post about Bitcoin earlier today.
Possible upside 20% and if Bitcoin rejects look for shorts to structure.
Higher Lows back into neckline, looking like a possible build up to break out.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
I think that locally, the last upward movement to the 29-30k zone is missing,
then I expect a smooth decline on bitcoin to the 25-26k area and the fall of its dominance.
After that, the final movement to the area of 31-35k where I will close the position that I gained on 18k.
Good luck everyone!
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Btc | Level To Watch Btcusdt
Facing Strong Horizontal Resistance Here
Price will retest the support again
Btc will remain bullish as long as it is above this trendline
If this support loses, we will see a correction ,possible to 25k
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade from your research