BTCUSDT : Analysis , 1DHello traders, we want to check the chart of BTCUSDT in the daily time frame. After a strong upward movement, the price has reached the key level of 28,000 and 28,500. Then the price had a drop to around the price of 26,500, but the price held this level and the price quickly rebounded. It grew and returned to the previous level, the details of which you can see in the image below.
The price is now settling down and we will check together what scenarios can happen in the future. If the price can break the level of 26500 and stabilize below this price, probably up to the price of 25000, which is the last ceiling. It is broken, it will fall, and if the strength of the fall is high, this fall may continue until around the price of 24,500. If this price stabilizes, it is likely to grow to the next key level, which is around the price of 32000. Good luck.
Btcusdtanalysis
BTCUSD- Upcoming Big Reversal on Bitcoin!!! hey everyone, BITCOIN spiked up due to collapsed of SVB BANK alongside gold, this is due to the uncertainty that market created. As we are looking for upcoming moves we are expecting prices to be bullish until 28k after we have where we believe that price will reject.
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BTCUSDT to attempt again towards weekly resistance around 29500+The price moved up and reached to the recent high and now trading in 4h support zone. It seems there should be another push and that should target to the weekly resistance zone. A long is favorable here and we should target to 29500-29900 zone.
Btcust distribution on daily time framebtcusdt formed distribution on daily timeframe now the price is on utad area .. if price respect bellow 29400 then
btcusdt ll no more bullish ,, the structure ll be change..
if it happened then price ll go down for lower low 12k 9.7k round about ...
not a financial advice just it is for the learning purpose
Higher Low RSI Set Up on BTCHigher Low RSI Set Up on BTC .
We have to visit an area that we climbed too fast. I believe it will occur at RSI when we will visit.
Rsi going lower when price going higher is a bullish set-up.
Price can move up without putting any lower low when this happens.
I believe 27.500 then 29000 will come.
BTCUSDT to head for weekly resistanceBTCUSDT is moving upward with strong momentum. A weekly resistance is sitting above the price and it is 8%-9% above the current price. Looking at the price action and the resistances on its upward path, it seems likely that the price would target this weekly resistance around 29500-30000 before any pullback and then probably its upward journey to monthly resistance. On 4h time frame it seems, price wants to cool off a bit and if that happens, the price would land on the 4h support zone marked on the chart and very probable a good bounce from there.
BTCBUSD 1D Chart AnalysisCurrently in the 1D BTCBUSD chart, BTC price is moving near both of the upper lines of Ascending Channel and the Expanding tringle. After some liquidity grab this may be get a downward movement. Other than that, there is a sell OB area above that levels. So price may reach to that level and then price may rejected from that level. Likewise we should consider about the next FED meeting held on 21-22 March.
Trading is highly risky. Always focus about the risk management. Put less than 2% of your capital and less than 10 trades per day. 1:2 or 1:3 Risk reword ratio is appropriate. Try to keep more than 75% win rate. I'm not financial advisor. This is only for the educational purposes and not as the financial advices. Do your own research. Trade carefully. Good luck!
AUDUSD SELL Playing out nicely I analysed this pair on 7 of March 2023 and it's playing out nicely. AUDUSD broke a strong support with huge engulfing candle on daily TF and came back retested the zone that's a very good sign that this pair is ready to go down. I'm anticipating 400 pips on this pair.
RNDRUSDT AT A GOOD REGION TO BUY FOR LONG POSITIONRENDER (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
BTCUSDT long from 4h or daily support zoneBTCUSDT is finally trading under the daily resistance. This is the resistance in its way before clearing the recent high of 25250. Any pullback currently is very good opportunity for day trading. There can be short opportunities but the momentum in the long direction is very strong and any short for day trade is currently not advisable. Let us try a long if this pullback hits the daily support. This would be a conservative long. A more aggressive long would be if it is taken when price hits 4h support. Let us try small position at 4h support and if price breaks though that then a bigger position at daily support 1 zone.
BTCUSDT to aim up for daily resistance around 22380BTCUSDT has finally managed to move up the very important daily support it broke a few days earlier. Now it is trading above that level and very likely to close above that level. I would expect the price to aim for the daily resistance 1 zone around 22380 with a bit of pullback.
bearish market come to endafter BTC bulls have successfully defended the 20k support level and bounce back.
Bulls also breakout the 200EMA resistance on the daily chart and be so close of the neckline level
on the chart u can see the most possible scenario from my vision... let me know your opinion in the comments
i see btc may visit the 22k level again before another bullish and it will a good chance to buy there
i see bulls have to breakout the 25k crucial resistance which located on the neckline of H&S pattern and if this happen it would reach the 30k level
thanks for your support... hope you are enjoy with trading