Bitcoin Analyze (Technical & Fundamental)!!!
Güncellendi
Technical:
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
Location: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). If you followed my posts, we found End of microwave 4 of the main wave C, but it was wrong because counting waves can change (We saw fake break). if price can break Support (31620$ until 30960$ (Support + Cluster of Fibs)== Heavy Support), I can say that The end of microwave 4 of Main wave C was at 41330$, otherwise, probably microwave 4 will be the complex type (WXY_WXYXZ).
Microwave 2 rested on Price, and now we can see microwave 4 is resting on Time.
Patterns: Bitcoin was able to make Descending Triangle, although this pattern broke by a Reverse Head and Shoulder (Pay attention to Point E), but this break was fake (probably, because of BAD news on market). in addition, if we lose this support (Support zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Light Support), the price can make Bullish Shark Pattern near Point F. Point F will be a critical point for us, better, I had to say that market will decide to go UP or DOWN. UP = still microwave 4 is running // DOWN = we are on microwave 5 and we have to try to find the end of this wave.
Also, Moving Averages MA200 & MA50 Passed from each other Yesterday.
RSI Analyze: if you see 👉
RSI is running on Descending Channel 📉 and we can see a Fake break on RSI too.
Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post 👉
I tried to show you our Resistance Zones & Suppor Zones that we have in front of Bitcoin.
Resistance zones & Suppor Zones on Bitcoin's way (Respectively):
Resistance zone: 39450$ until 39506$ (Resistance + Cluster of Fibs)/== Light Resistance
Resistance zone: 41340$ until 40800$ (Resistance + Cluster of Fibs) == Medium Resistance
Resistance zone: 42250$ until 4225$ (Monthly Pivot Point + Cluster of Fibs + Fib circle)/ I don't think that Price can break this zone just with one test.== Heavy Resistance
Resistance zone: 44280$ until 44071$ (Bullish Flag Pattern's Target + Cluster of Fibs ) == Medium Resistance
Resistance zone: 46186$ until 45320$ (Resistance + Cluster of Fibs + Yearly Resistance 2 + Reverse Head and Shoulder's Target ) == Heavy Resistance
Support zone: 37596$ until 37267$ (Yearly Support 1+ Cluster of Fibs + Necking line) == Heavy Support
Support zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Light Support
Support zone: 31620$ until 30960$ (Support + Cluster of Fibs) == Heavy Support
Fundamental:
Unfortunately, we don't hear Good news about the market, I want to say some of the Bad 😕news that we received these days:
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown ⚠️😕
UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns ⚠️😕
Bitcoin Fund Holdings Hit Four-Month Low ⚠️😕
Dollar Currency Index is growing up, look at DXY compare with BTC, Most of the time They are moving against each other👉
Gold Index came back to Descending Channel 📉, It can NOT be a good sign for BTC 👉
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
Location: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). If you followed my posts, we found End of microwave 4 of the main wave C, but it was wrong because counting waves can change (We saw fake break). if price can break Support (31620$ until 30960$ (Support + Cluster of Fibs)== Heavy Support), I can say that The end of microwave 4 of Main wave C was at 41330$, otherwise, probably microwave 4 will be the complex type (WXY_WXYXZ).
Microwave 2 rested on Price, and now we can see microwave 4 is resting on Time.
Patterns: Bitcoin was able to make Descending Triangle, although this pattern broke by a Reverse Head and Shoulder (Pay attention to Point E), but this break was fake (probably, because of BAD news on market). in addition, if we lose this support (Support zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Light Support), the price can make Bullish Shark Pattern near Point F. Point F will be a critical point for us, better, I had to say that market will decide to go UP or DOWN. UP = still microwave 4 is running // DOWN = we are on microwave 5 and we have to try to find the end of this wave.
Also, Moving Averages MA200 & MA50 Passed from each other Yesterday.
RSI Analyze: if you see 👉
RSI is running on Descending Channel 📉 and we can see a Fake break on RSI too.
Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post 👉
I tried to show you our Resistance Zones & Suppor Zones that we have in front of Bitcoin.
Resistance zones & Suppor Zones on Bitcoin's way (Respectively):
Resistance zone: 39450$ until 39506$ (Resistance + Cluster of Fibs)/== Light Resistance
Resistance zone: 41340$ until 40800$ (Resistance + Cluster of Fibs) == Medium Resistance
Resistance zone: 42250$ until 4225$ (Monthly Pivot Point + Cluster of Fibs + Fib circle)/ I don't think that Price can break this zone just with one test.== Heavy Resistance
Resistance zone: 44280$ until 44071$ (Bullish Flag Pattern's Target + Cluster of Fibs ) == Medium Resistance
Resistance zone: 46186$ until 45320$ (Resistance + Cluster of Fibs + Yearly Resistance 2 + Reverse Head and Shoulder's Target ) == Heavy Resistance
Support zone: 37596$ until 37267$ (Yearly Support 1+ Cluster of Fibs + Necking line) == Heavy Support
Support zone: 35288$ until 34820$ (Support + Cluster of Fibs) == Light Support
Support zone: 31620$ until 30960$ (Support + Cluster of Fibs) == Heavy Support
Fundamental:
Unfortunately, we don't hear Good news about the market, I want to say some of the Bad 😕news that we received these days:
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown ⚠️😕
UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns ⚠️😕
Bitcoin Fund Holdings Hit Four-Month Low ⚠️😕
Dollar Currency Index is growing up, look at DXY compare with BTC, Most of the time They are moving against each other👉
Gold Index came back to Descending Channel 📉, It can NOT be a good sign for BTC 👉
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Not
Bullish shark pattern worked 👍
Not
New post, with New update.
Not
Follow Range Channel👍, Timeframe 15min.
Not
a Scenario can happen, are you agree with me❓❗️
RSI analysis🔥, timeframe Daily
Not
Bearish Shark Pattern 🦈 +TRZ (Time Reversal Zone⏰)
Not
New post 👍
Not
New post please read 👉Bitcoin Analyze (Candlestick Analysis)!!! 👍
Not
New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
Not
New post: Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!
Not
New post: Bitcoin Analyze (Triple Three Corrections) !!!
Not
Please read a new post 👆
Not
New post👆
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
lbank.one/join/uu1DKdN
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
lbank.one/join/uu1DKdN
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.