Ahtesham
Frequent Trader
1.8 Years
Try until you succeed
2 Following
85 Followers
104 Liked
8 Shared
JUST IN: China has claimed that it has not engaged in any trade negotiations with the United States, contradicting claims made by President Trump.
Quick update on #BTC in very simple words
Today’s candle is very important for #BTC bullish conformation.
If this daily candle close above the 90k level this will confirm the bearish structure break and bulls are in control and we are good to go for new highs may be in some days or in some weeks
But
If it close below the 90k it means bears are in control and we may go back to 84k, 80k or may be even worse
$BTC
Today’s candle is very important for #BTC bullish conformation.
If this daily candle close above the 90k level this will confirm the bearish structure break and bulls are in control and we are good to go for new highs may be in some days or in some weeks
But
If it close below the 90k it means bears are in control and we may go back to 84k, 80k or may be even worse
$BTC
Its very informative
Must read it once
Must read it once
CRYPTO MECHANIC
--
Bitcoin Back Above $90,000 | Is It A Trap?
Didn't know i will have to write a long update again but well here we are with another $BTC update
If you didn't read my last Bitcoin Updates you can read it here 👇
Bitcoin Update April 21 👈
Lets Dive into it now.
BTCUSD (Weekly)
The weekly chart i have been sharing in all my updates. That bitcoin needs to reclaim this broken range then we can say its ready to go for the new highs.
So far the current weekly looks great. The strength can be seen there. But i think its too early to call that we are officially back in the bull market because weekly have 4 more days in it.
Why it looks great?
This rebound will mark a huge fake-out/Bear trap on the weekly chart and will fade the hopes of buying Bitcoin under $70k.
The move is sharp because its triggered by short liquidations and the $90k key breakout. As i have been saying there are more bears than the bulls in the market and they got beaten up.
So what to expect?
Like i said the weekly have 4 more days in it so the chart is not that useful for now but overall. The current picture is great.
Lets Drop it down to Daily chart.
BTCUSD (Daily)
This is the chart i shared in one of my updates when Bitcoin was trading around $84k. You can read that update here 👇
Bitcoin update April 14
And This is where we are right now
Sitting at a key zone
Will We see the downside?
I am not someone who talk in open air and force his analysis on market. You will never see me doing that because i know i am not the one controlling this market. And i am here to make money not to be right or wrong on his analysis.
So when is it possible to expect downside?
Without any doubt this is the major zone on chart that bears may try to defend. If you missed to catch this move, You should not be chasing it here knowing that this is the bears "Red Line" in my opinion.
Bitcoin's Reaction here is super critical imo.
If we show any signs of weakness.
This is exactly where the weekly lower high is meant to form.
Where will we get the confirmation of the downside?
Like i said, Everything with a reason.
Daily chart broke its series of lower highs, That means it came out of its downtrend.
As long as price is holding above $88k - $90k zone, I think the chart looks fine and there is no confirmation of the downside.
Key Zone to Keep an eye on : $88k-90k
This is it for now, The next update will be on Monday After Weekly Close or i will keep you updated if i see any changes.
If you didn't read my last Bitcoin Updates you can read it here 👇
Bitcoin Update April 21 👈
Lets Dive into it now.
BTCUSD (Weekly)
The weekly chart i have been sharing in all my updates. That bitcoin needs to reclaim this broken range then we can say its ready to go for the new highs.
So far the current weekly looks great. The strength can be seen there. But i think its too early to call that we are officially back in the bull market because weekly have 4 more days in it.
Why it looks great?
This rebound will mark a huge fake-out/Bear trap on the weekly chart and will fade the hopes of buying Bitcoin under $70k.
The move is sharp because its triggered by short liquidations and the $90k key breakout. As i have been saying there are more bears than the bulls in the market and they got beaten up.
So what to expect?
Like i said the weekly have 4 more days in it so the chart is not that useful for now but overall. The current picture is great.
Lets Drop it down to Daily chart.
BTCUSD (Daily)
This is the chart i shared in one of my updates when Bitcoin was trading around $84k. You can read that update here 👇
Bitcoin update April 14
And This is where we are right now
Sitting at a key zone
Will We see the downside?
I am not someone who talk in open air and force his analysis on market. You will never see me doing that because i know i am not the one controlling this market. And i am here to make money not to be right or wrong on his analysis.
So when is it possible to expect downside?
Without any doubt this is the major zone on chart that bears may try to defend. If you missed to catch this move, You should not be chasing it here knowing that this is the bears "Red Line" in my opinion.
Bitcoin's Reaction here is super critical imo.
If we show any signs of weakness.
This is exactly where the weekly lower high is meant to form.
Where will we get the confirmation of the downside?
Like i said, Everything with a reason.
Daily chart broke its series of lower highs, That means it came out of its downtrend.
As long as price is holding above $88k - $90k zone, I think the chart looks fine and there is no confirmation of the downside.
Key Zone to Keep an eye on : $88k-90k
This is it for now, The next update will be on Monday After Weekly Close or i will keep you updated if i see any changes.
I know #BTC is clear upward trend and everyone is soo bullish now
But you also have to see the other side too
It went straight from 85k to 94k without any consolidation or correction and soon it will come and on the other hand
There is 1.80B dollars liquidation at 84132 and it will go there 💯 to take that liquidation $BTC
But you also have to see the other side too
It went straight from 85k to 94k without any consolidation or correction and soon it will come and on the other hand
There is 1.80B dollars liquidation at 84132 and it will go there 💯 to take that liquidation $BTC
$BTC rejected as expected 🤝
Now the support level is 84000 and 84500 if it break it will go eventually towards 80k#TrumpVsPowell
Now the support level is 84000 and 84500 if it break it will go eventually towards 80k#TrumpVsPowell
I know we all waiting very long time for this breakout
And everyone is soo bullish now ,
But let me tell you it is not a healthy breakout because sudden pump without any consolidation is not good and price may fall back #DYOR* $BTC
And everyone is soo bullish now ,
But let me tell you it is not a healthy breakout because sudden pump without any consolidation is not good and price may fall back #DYOR* $BTC
Federal Reserve Chair Jerome Powell says the job market is strong but warns of ongoing market volatility due to tariff tensions.
(In simple words )
The import products will be more expensive which increases the business and opportunities in America and this high prices will be remain longer then expected
(In simple words )
The import products will be more expensive which increases the business and opportunities in America and this high prices will be remain longer then expected
Biggest enemy of your trading career and portfolio is FOMO (fear of missing out).
1. You did all research
2. You read charts
3. You make plans
Everything is perfect but suddenly you feel FOMO and trapped so be patience and stick to your plans.
You will get a lot of opportunities this market is 24/7 stay calm 😘
1. You did all research
2. You read charts
3. You make plans
Everything is perfect but suddenly you feel FOMO and trapped so be patience and stick to your plans.
You will get a lot of opportunities this market is 24/7 stay calm 😘
Are you ready for 112?$SOL
Quick update on #solana
#sol just broke the trend line
And it really needs to hold above 121 zone for more upward direction.
But if it fail may be we see pullback to 113 or 112 area$SOL
#sol just broke the trend line
And it really needs to hold above 121 zone for more upward direction.
But if it fail may be we see pullback to 113 or 112 area$SOL
I m really surprised and impressed by those people who open a trade in this market situation🫡 i just want to know on which base and analysis you open a trade? Please let me know 🙂
They just want you believe that market gonna pump and then dump it harder this is called manipulation #SecureYourAssets $BTC
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BTCBreaksATH110K
174,887 views
922 Discussing
Bitcoin Breaks $110K: What This All-Time High Means for Me and What’s Next
Adnan_Virtual
5 Likes
6.1k views
BinanceAlphaAlert
428.8M views
328,856 Discussing
BinanceHODLerHAEDAL
1.3M views
2,440 Discussing
