CryptoPM
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
CryptoPM
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
CryptoPM
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
CryptoPM
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
CryptoPM
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
CryptoPM
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
CryptoPM
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
CryptoPM
CryptoPM @CryptoPM
🥇 #BTC/USD is supported by the confluence of 50 MA + ascending support on 2D timeframe👀

Bullish case📈

#BTC #bitcoin #BTCUSDT #BTCUSDTAnalysis #BTCUSDT
CryptoPM
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
CryptoPM
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