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BITCOIN IDEAS

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Bitcoin is currently in the supply zone. In order for the trend to continue, we must leave a few days above 44000 to get confirmation. Exiting supply, we will first test the monthly level, which is at 45500, retest supply (which then becomes a big support) and go up.

On the other hand, we have a huge liquidation at 40400, if the price fails to stay at these levels, there is a high probability that we will test 38500. Of course, a potential ending diagonal is created here as well as a Wyckoff top.

Below I will post some of my analyzes for btc, if you wish, study further
Note
snapshot we got a close below supply plus increased volume, I think we should go for that liquidity 40400 and visit 38500
Note
snapshot We are again above supply, testing back and we will have answer about next move.
Note
snapshot Market makers take it all, dont trade this.
Note
snapshot here we go
learnfromfailure
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bitcoinpricebitocinbtcusdanalysisChart PatternsCryptocurrencyTechnical IndicatorsinvestingtradingsingalstradingstrategiesTrend Analysis

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bitcoinpricebitocinbtcusdanalysisChart PatternsCryptocurrencyTechnical IndicatorsinvestingtradingsingalstradingstrategiesTrend Analysis
learnfromfailure
Aussi sur:

Publications connexes

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.