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Live bitcoin trading youtubeBTCUSD — Bitcoin Chart and Price — TradingView
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Things will Until today when it closed the most recent CME gap. Now lets recount the list of bearish signs: -Weeks of bearish divergences accumulated -Weeks of very high funding rate -A handful of CME gaps opened and not closed. Hi my friends, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective.
Bitcoin recently has shown up with highly volatile movements to the downside as it already somewhat recovered from this downside and bounced back, now besides these fundamental conditions, as I discovered Bitcoin is forming a decisive formation here Our updated chart on Bitcoin. Momentum looks positive. We might experience a small dip before a much bigger rise This was the extremely came the fall but I already predicted it for you, isn't it?
Let me show you what I have told you: clearly written about Monday fall. Let me remind you that the price is in a new channel that listens well. During the price growth, the support line accompanied the price. Please note that in December , the price bounced off the support line and began to grow steadily. Now the price is in a descending channel.
This is a good sign for our idea today. As we can see, the price bounced off the It seems like it is currently forming a bullish flag consolidation pattern. Let's see if the price can pullback to test the level once more to complete the pattern.
A next leg higher is expected after the consolidation phase is done! Hello traders, in the hourly chart above, I would like to show you the probability of a price move in the near future. Pay attention to the small triangle in which the price is currently moving, you will find a good exit from it : But be careful with your savings; Greetings.
Few things that indicate BTC is looking to make a trend down to critical support zones. December 12th marked when we had closed above 20EMA. After that we can see a huge bullish trend following. We can expect the reversal for that now. Elliott wave completion followed by correction wave. It is possible we are making Videos only.