Expect Bitcoin to retest the previous ATH. $18, seems to be a number that keeps coming up in my analysis, so I’ll throw that number out there just to see who gets angry with that. This will run in line with the XRP/BTC chart as well as with XRP. BTC . May 29, · Technical analysis on Bitcoin As far as BTC is concerned, the analyst explained in his posts between today and May 27th, bitcoin is in a decisive phase because if it were to reach $ . Looking at the btc price action we can notice several shapes which occuring most of the time during a trend move. I think most important shape here is triangle. This pattern require patience from the players and need to understand it's nature. First of all all triangle .
Btc tradingview technical analysisBTC — TradingView
The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!!
Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target.
Previous article Ripple: very high inflation rate for XRP. Next article Craig Wright loses the case against Roger Ver. Amelia Tomasicchio As expert in digital marketing, Amelia began working in the fintech sector in after writing her thesis on Bitcoin technology. Related posts More from author. The Cryptonomist Italia. More Stories. Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot.
This is despite whatever excuse for why that cannot happen now. This is Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news.
The price immediately reacted with a huge dump. On the right chart we can see two global support lines.
The price have already broken down the support 1 level but This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look It does appear that BTC might be forming a Bull Flag, with that said it could also just be a neutral wedge.
This is not financial advice. Stoploss H4. Predictions and analysis.