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CryptoPM @CryptoPM
#BTC/USDT ANALYSIS
BTC is consolidating in a falling wedge, which is technically a bullish pattern. It bounced from the support trendline but couldn't able to do a breakout and trading in the middle of the falling wedge.
A solid breakout of the falling wedge would be the bullish confirmation, while in case of rejection, it will further consolidate in the falling wedge.
#BTCUSDT #BTC #bitcoin #BTCUSDTAnalysis #BTCUSDTUPDATE
BTC is consolidating in a falling wedge, which is technically a bullish pattern. It bounced from the support trendline but couldn't able to do a breakout and trading in the middle of the falling wedge.
A solid breakout of the falling wedge would be the bullish confirmation, while in case of rejection, it will further consolidate in the falling wedge.
#BTCUSDT #BTC #bitcoin #BTCUSDTAnalysis #BTCUSDTUPDATE
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CryptoPM @CryptoPM
🥇 #BTC/USD is testing the bottom of symmetrical triangle on 12h timeframe👀
Looking for leg downwards if we do break below the one📉
#BTC #BTCUSDT #BTCUSDTAnalysis #BTCupdate #BTCUpdate
Looking for leg downwards if we do break below the one📉
#BTC #BTCUSDT #BTCUSDTAnalysis #BTCupdate #BTCUpdate
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CryptoPM @CryptoPM
#BTC/USDT ANALYSIS
BTC is consolidating in a falling wedge. It got rejected from the resistance trendline where MA 100 and the Ichimoku cloud are acting as resistance.
Currently, it is going to test the support trendline and a good bounce is expected from there. Further, a solid breakout or breakdown of the falling wedge would confirm the market's next direction.
#bitcoin #BTCUSDT #BTCUSDTAnalysis #BTCUSDT #BTCupdate
BTC is consolidating in a falling wedge. It got rejected from the resistance trendline where MA 100 and the Ichimoku cloud are acting as resistance.
Currently, it is going to test the support trendline and a good bounce is expected from there. Further, a solid breakout or breakdown of the falling wedge would confirm the market's next direction.
#bitcoin #BTCUSDT #BTCUSDTAnalysis #BTCUSDT #BTCupdate
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CryptoPM @CryptoPM
💰 #BTC/USD
Bitcoin showing signs of a cup and handle formation on the weekly chart👀
If the neckline breakout occurs and the pattern is confirmed, bullish momentum could be expected📈
#BTC #BTC #BTCUpdate #BTCUSDTAnalysis #BTCUSDT
Bitcoin showing signs of a cup and handle formation on the weekly chart👀
If the neckline breakout occurs and the pattern is confirmed, bullish momentum could be expected📈
#BTC #BTC #BTCUpdate #BTCUSDTAnalysis #BTCUSDT
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CryptoPM @CryptoPM
🐝 BTC UPDATE
Bitcoin is back into the consolidation range after the failed attempt of breaking through the $27,900 resistance. We are still holding our spot bags since overall we are still in an up-trend.
However, opening any margin position is way too risky as long as the price remains below the $27,800 - $28,000 zone of main sales pressure.
✍️ Our trading plan is quite simple: hold our spot bags and add more in case of dump to $26,400 or in case of $27,800 breakout.
Trying to trade inside this tight chop range is way too risky and unpredictable, doesn't worth the efforts.
#BTC #BTCUSDT #bitcoin #BTCUSDTAnalysis #btcusd
Bitcoin is back into the consolidation range after the failed attempt of breaking through the $27,900 resistance. We are still holding our spot bags since overall we are still in an up-trend.
However, opening any margin position is way too risky as long as the price remains below the $27,800 - $28,000 zone of main sales pressure.
✍️ Our trading plan is quite simple: hold our spot bags and add more in case of dump to $26,400 or in case of $27,800 breakout.
Trying to trade inside this tight chop range is way too risky and unpredictable, doesn't worth the efforts.
#BTC #BTCUSDT #bitcoin #BTCUSDTAnalysis #btcusd
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CryptoPM @CryptoPM
#BTC/USDT ANALYSIS
The bulls have shown some strength after the breakout of the falling wedge. Currently, BTC is rejecting the MA 100 and the point of control resistance.
A solid breakout of the point of control level would be a sign of the continuation of the bullish move, while in case of correction, a good bounce is expected from the horizontal support.
#BTC #BTCUSDT #bitcoin #BTCUSDTAnalysis #BTCupdate
The bulls have shown some strength after the breakout of the falling wedge. Currently, BTC is rejecting the MA 100 and the point of control resistance.
A solid breakout of the point of control level would be a sign of the continuation of the bullish move, while in case of correction, a good bounce is expected from the horizontal support.
#BTC #BTCUSDT #bitcoin #BTCUSDTAnalysis #BTCupdate
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CryptoPM @CryptoPM
#BTC/USDT ANALYSIS
BTC is moving in a falling wedge on 12H. It reclaimed MA 200 and is on the verge of a falling wedge breakout. MACD crossover is building up bullish momentum.
A solid breakout of the falling wedge would confirm a bullish rally, while in case of rejection, further movement inside the falling wedge is expected.
#BTC #bitcoinupdate #BTCUSDTAnalysis #BTCUSDT #cryptopmyoutube
BTC is moving in a falling wedge on 12H. It reclaimed MA 200 and is on the verge of a falling wedge breakout. MACD crossover is building up bullish momentum.
A solid breakout of the falling wedge would confirm a bullish rally, while in case of rejection, further movement inside the falling wedge is expected.
#BTC #bitcoinupdate #BTCUSDTAnalysis #BTCUSDT #cryptopmyoutube
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CryptoPM @CryptoPM
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CryptoPM @CryptoPM
🍁 #BTC Congrats to those who scalped within the bounds that I highlighted!
The price has now risen into the zone where the drop occurred. If the price holds there and doesn't return to the flat channel, I will be waiting for upward absorption. I will also be waiting for fixation above and continuation of the upward movement.
In other words, everything I mentioned in the previous post is still relevant.
In reality, the growth occurred due to significant volumes, and it was rapid growth, an impulse. One thing is unclear: is this the start of a bull activity or a one-time purchase not intended for trading purposes? To clarify this moment, we need to refer back to what I mentioned earlier.
#BTC #BTCUSDT #BTCUSDTAnalysis #btcupdate
The price has now risen into the zone where the drop occurred. If the price holds there and doesn't return to the flat channel, I will be waiting for upward absorption. I will also be waiting for fixation above and continuation of the upward movement.
In other words, everything I mentioned in the previous post is still relevant.
In reality, the growth occurred due to significant volumes, and it was rapid growth, an impulse. One thing is unclear: is this the start of a bull activity or a one-time purchase not intended for trading purposes? To clarify this moment, we need to refer back to what I mentioned earlier.
#BTC #BTCUSDT #BTCUSDTAnalysis #btcupdate
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CryptoPM @CryptoPM
$BTCUSDT:
If support is taken then we can see an upward move and break down the support zone then dump and a Possible move towards 200ema.
#BTC #BTCUSDT #BTCUSDTAnalysis #bitcoin #BTCUpdate
If support is taken then we can see an upward move and break down the support zone then dump and a Possible move towards 200ema.
#BTC #BTCUSDT #BTCUSDTAnalysis #bitcoin #BTCUpdate