Bitcoin Price Action Analysis – Bearish Correction Toward DemandHello Guys!
Let's analyze btc!
Rising Trendline Break: The bullish structure has broken down as the price failed to hold above the key support region around $96,000–$96,200.
Targeted Demand Zone: The highlighted purple box between $94,200 and $94,700 represents a demand zone that has previously shown strong buyer interest. The current structure suggests Bitcoin may revisit this zone for a potential bounce.
Bearish Momentum: A large arrow indicates the directional bias toward the downside, aligning with the correction and market sentiment.
Fake RSI Divergence: The RSI panel indicates a “Fake Divergence” pattern, which may have misled early bulls. RSI has since dropped and currently hovers in the neutral zone, with no strong bullish signals yet.
_____________________________
Conclusion:
Unless a strong bounce occurs around current levels, Bitcoin looks poised to correct further toward the $94,200–$94,700 demand zone. Traders should watch for reactionary price action and bullish reversal patterns before considering long entries.
BTCUSDT
HelenP. I Bitcoin may continue to grow inside upward channelHi folks today I'm prepared for you Bitcoin analytics. After bouncing from the lower boundary of the ascending channel and reacting strongly from the support zone near 92000, the price continues to respect the bullish structure. This level, which also aligns with the dynamic trend line, has acted as a powerful area of interest for buyers. Every touch to the trend line has resulted in a reversal to the upside, and this time may be no different. Previously, we saw a clear upward impulse that formed the base of the current trend channel. Then the market entered a consolidation with smaller pullbacks and held the 93000 zone with confidence. The recent retracement toward the trend line and support area is forming a higher low, which confirms buyer strength and sets the stage for another bullish leg. Given the strong support zone, the presence of an upward channel, and the steady bullish structure, I expect BTC to resume its upward move. My current goal is 99000 points. All elements signal bullish continuation. If you like my analytics you may support me with your like/comment ❤️
Bitcoin Still Stuck in Resistance – Eyes on CME Gaps & USDT.D%Bitcoin ( BINANCE:BTCUSDT ) touched $92,830(first target) and started to rise as I expected in the previous idea . Overall, Bitcoin has been moving in a range for about 12 days .
Note : In general, trading in a range market is more difficult than in a trending market . If your performance in a range market is not good, it is better not to trade until the trend is clear (this is just a suggestion).
Bitcoin is currently trading at a Heavy Resistance zone($95,950-$88,500) and has failed to break through it, and it seems like Bitcoin needs more momentum to break through this zone. Do you think Bitcoin will finally break through the Heavy Resistance zone($95,950-$88,500)?
In terms of Elliott Wave theory , it appears that Bitcoin has completed a five-wave impulsive and we should expect Corrective waves .
The analytical conditions of the Bitcoin chart have been a bit ambiguous in the past few days, so it's better to take a look at the USDT.D% ( CRYPTOCAP:USDT.D ) chart to increase the accuracy of Bitcoin analysis .
USDT.D% failed to break the Support zone(5.13%-4.95%) after several attacks. It currently appears to be forming an Ascending Broadening Wedge Pattern . It appears that USDT.D% needs to complete this pattern to break the support zone, and if this pattern fails , we should expect further increases =Bitcoin crash .
I expect Bitcoin to decline to the Support zone($92,910-$91,414) , 21_SMA(Weekly) and Cumulative Long Liquidation Leverage($93,359-$92,296) and probably fill the CME Gap($92,525-$91,415) this time and then start to rise and prepare to break the Heavy Resistance zone($95,950-$88,500) and fill the CME Gap($97,680-$96,455) .
Cumulative Short Liquidation Leverage: $98,989-$97,924
Note: If Bitcoin breaks below the Support zone($92,910-$91,414), we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Hellena | BITCOIN (4H): LONG to resistance area of 101,000.Dear colleagues, in the coming week I expect price to continue rising in wave “5”. I think that wave “3” is already completed and now we are witnessing a small correction.
Reaching the resistance area of 101,000 will be the end of the big “ABC” correction.
The 91,601 area could be a good support area to complete the correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bitcoin Buy Opportunity: Last Chance To Buy Below $100,000Bitcoin isn't trading at $78,800 nor $80,000 nor even $85,000 but still, even a small retrace is good to buy; even a small retrace is better to buy and enter a new trade than when prices are moving up.
A strong support range consisting from the lows of December 2024, January and February 2025 can be seen mapped on the chart. The lows on these date produced a support range between $89,250 and $94,250.
Bitcoin is now not trading within this range but if it does go there let me be the one to tell you that this would be an amazing entry zone and buy opportunity. This is marked green on the chart.
The truth is that when Bitcoin goes bullish it never looks back, it grows and grows and grows but, since we are set for the 2025 bull market and several new All-Time Highs, any retraces should be bought strong because there might not be another chance like this available.
Whenever the market goes red, that's the time to buy strong, go LONG and prepare for the continuation of the bullish trend.
Whenever the market turns green, we just let it grow and secure small portions of profits when resistance is hit. Rinse and repeat.
Right now Bitcoin is red but it won't be red for too long. See the trade-idea below to understand how Bitcoin will behave around this resistance zone:
It is the inverse image of the February drop. It will range a few days around this zone and then produce a very strong advance. This is your last chance to accumulate below 100K while Bitcoin is still low.
Once Bitcoin moves above 100K, 90K is gone. Just like $75,000, it is gone for this entire cycle. Just like $80,000, you cannot buy at $80,000 anymore. The same for $85,000 or anything below 90K.
This is the last chance to buy Bitcoin below $100,000 before the continuation of the bullish trend. This opportunity can remain open for a few more hours just as it can last a few days. But it won't be available for too long. Make your decision now, Crypto is going up.
Thanks a lot for your continued support.
Namaste.
BTC: Balancing on the EdgeBitcoin held the $90.5K level and managed to flip prior resistance into support—an encouraging development, especially given how close price was hovering to the so-called danger zone. That flip marked a technical win for bulls, signaling potential strength in the short-term structure.
However, we’re not entirely out of the woods just yet.
While price is holding above support and showing some resilience, we’re still trading uncomfortably close to the edge of the recent consolidation zone. For now, $91.5K stands as the ideal level to hold.
The concern? If price starts slipping back below this newly established support, especially with conviction, that could be a signal of deeper retracement on the table. The bullish narrative would weaken significantly if we revisit and fail to defend those levels, potentially opening the door for a more sustained correction.
So, while the short-term structure remains cautiously optimistic, this isn’t the time for complacency. The market’s still in a precarious spot, and clarity will only come with either continued strength—or a confirmed break below support.
Eyes on $91.5K for now. Hold that, and the momentum favors the bulls. Lose it, and the deeper pullback scenario comes back into play.
Trade Safe, Trade Clarity.
Bitcoin Technical Analysis: Bearish Continuation with $95,200 TP
Looking at the Bitcoin/TetherUS chart from TradingView dated May 3, 2025, I can see a clear short-term bearish trend forming with several notable technical patterns.
The price is currently around $96,158.01, showing a decline of -0.17% with a volume drop of -0.75%. Let me correct my analysis for a short position:
KEY Technical Observations
- A descending channel has formed after rejection from the $97,200 resistance level
- Price is breaking down from a consolidation area around $96,327-$96,419
- The green shaded area indicates a projected downward movement targeting $95,349.80
- Consecutive red candles with increasing body size suggest accelerating bearish momentum
Trading Opportunity - SHORT POSITION
This setup presents a bearish continuation pattern with the following take-profit targets:
- TP1: $95,800 (initial target within the projection)
- TP2: $95,350 (projected bottom as indicated by the green zone)
- TP3: $95,200 (key horizontal support line)
Entry point for shorts would be on any retest of the $96,327 resistance (previous support now turned resistance).
Creative Strategy: The Emerald Descent
The green projection zone appears to be forecasting a controlled drop toward the $95,200-$95,350 area. This well-defined bearish channel presents an opportunity to ride the momentum down to these targets.
Set a stop loss above $96,600 to protect against unexpected upside movements.
The declining volume (-0.75%) suggests this move is a continuation rather than a panic sell, making it a more predictable technical play rather than an emotional reaction.
Before You Trade, Feel the Market’s Pulse, Sentiment Reveal allIn the world of trading, most people chase complex tools, custom algorithms, or so-called magical indicators. But what often gets overlooked is market sentiment—the invisible force behind most price movements.
Hello✌
Spend 3 minutes ⏰ reading this educational material. The main points are summarized in 3 clear lines at the end 📋 This will help you level up your understanding of the market 📊 and Bitcoin💰.
🎯 Analytical Insight on Bitcoin: A Personal Perspective:
Bitcoin is approaching a significant support level. I’m expecting at least a 6% price increase, with the primary target at $99,500.📈
Now, let's dive into the educational section , which builds upon last week's lesson (linked in the tags of this analysis). Many of you have been eagerly waiting for this, as I have received multiple messages about it on Telegram.
🧠 What Is Market Sentiment?
Market sentiment is how traders feel—fearful, greedy, or uncertain. When most are bullish, the market may be topping. When panic spreads, bottoms can form.
🔍 Why Sentiment Matters More Than Just Charts
Technical analysis tells us what has happened. Sentiment analysis hints at what might come next.
Price isn't always truth—emotion often drives breakouts or breakdowns.
🛠️ Tools for Sentiment Analysis on TradingView
📊 Long/Short Ratio
Check if the crowd is overly long or short. Too many longs? It may signal greed—be careful.
📄 COT Reports
For gold, oil, or indices, look at institutional positions. Big players often move opposite to retail.
📈 Volume & Open Interest
If price moves up but volume lags, the move might be weak. Rising open interest shows strong participation.
🔧 Community Sentiment Scripts
Search “Sentiment” under indicators to explore user-built tools for emotional insight.
📅 Real-World Example:
📌 BTC Sentiment Snapshot – Jan 2025
Bitcoin rallied from $93.4K to $102K in early January 2025.
But while price surged, volume stayed weak and long positions piled up, signaling FOMO rather than strength.
Within days, BTC dropped back to $92.5K, liquidating over-leveraged longs.
Lesson: When sentiment overheats without strong volume, a correction often follows.
🎯 How to Use These Insights
When Long/Short ratios become extreme, look for divergences or reversal signals.
Combine sentiment data with technical signals (e.g., RSI divergence near resistance) for stronger confirmation.
If price rises on low volume, consider the possibility of a fake move or bull trap.
🧩 Final Thoughts
Market sentiment is the unspoken language of traders. Learn to hear it—and you’ll act before the rest.
TradingView gives you the tools. Now it’s your job to feel the crowd.
However , this analysis should be seen as a personal viewpoint, not as financial advice ⚠️. The crypto market carries high risks 📉, so always conduct your own research before making investment decisions. That being said, please take note of the disclaimer section at the bottom of each post for further details 📜✅.
🧨 Our team's main opinion is: 🧨
Bitcoin is approaching a key support level, with an expectation of at least a 6% price increase, targeting \$99,500.
Market sentiment , which reflects traders' emotions like fear or greed, plays a crucial role in price movements, sometimes more than technical analysis alone. Tools for sentiment analysis on TradingView include the Long/Short Ratio, COT Reports, Volume & Open Interest, and Community Sentiment Scripts. A real-world example showed Bitcoin's price surge without volume support, followed by a correction. To trade effectively, combine sentiment data with technical signals like RSI divergence. Understanding market sentiment can help traders anticipate market movements before they happen.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
No Altseason Until BTC.D Hits 70%?Bitcoin Dominance (BTC.D) is currently climbing and approaching a major resistance zone between 71.38% and 73.06%. This area has proven to be a strong turning point in the past, acting as a top back in December 2017, September 2019, and again in 2021. These repeated rejections suggest that this zone is likely to remain a key resistance.
Right now, BTC.D is sitting around 64.66% and still has room to push higher. However, if it enters the resistance zone again, there’s a strong chance it may face selling pressure and start reversing. The white arrow on the chart shows the possible move into resistance, while the red projection outlines the expected rejection and potential decline back toward the 54.63% level—another important support zone from the past.
In simple terms, BTC dominance might be nearing its peak, and once it reaches the upper zone, we could start seeing altcoins gain more strength as dominance falls. This chart helps anticipate when the market might shift from BTC-led rallies to altcoin outperformance.
Ratio Charts in TradingView and IAAbove you can see the Bitcoin to Ethereum ratio chart. Ratio analysis between two or more symbols is a critical method for comparing the strength and weakness of assets relative to each other. TradingView offers basic capabilities for this task, but with the help of artificial intelligence (AI) and custom scripts, much more advanced and creative analyses can be conducted.
Here are some practical ideas:
1. Creating Conditional Ratio Scripts
2. Comparing Relative Averages and Issuing Smart Signals
3. Calculating Composite Ratios of Multiple Assets
4. Smart Alerts Based on Price Pattern Breakouts
For more information, search Google for "How to Use Ratio Charts in TradingView: A Hidden Gem for Traders."
"Bitcoin Analysis" (Update)Here's what I can gather from the chart right now:
The Minor Resistance zone has been strongly broken to the upside; we haven't seen good pullbacks to this level yet.
On the other hand, below the broken zone, there's a price gap toward the FVG, as indicated by the arrow.
Also, the pullback to the breakout level at 0.382 has not been completed, and no patterns have formed in that area!
So? When we analyze all the breakout factors, we see a very high chance of a correction.
Now, this correction could start from the confirmation level at 96,364, or with an overextension, it could happen from the 98k zone.
Stay Awesome , CobraVanguard
BTCUSD: Break of Key Level in the Early Trading SessionDuring the early trading session, BTCUSD continued its weak trend. After the price broke below the key support level of $95,000, it kept declining. This price level quickly transformed into a resistance after being breached, suppressing any potential rebound. Currently, the bearish momentum is dominant, and the short-term market sentiment has turned cautious. If it fails to regain the lost ground of $95,000 in the future, the price is likely to decline further, and the next target will be the important support area of $93,000.
BTCUSD
sell@94500-95000
tp:93500-93000
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
#BTC/USDT Bullish Crossover in Play!CRYPTOCAP:BTC Update: Bitcoin is currently holding support and showing signs of strength with a bullish EMA crossover — the 50 EMA crossing above the 100 EMA, which historically signals upward momentum based on past fractals.
The lower support zone is marked in blue, in case the price dips further.
Immediate resistance remains at the GETTEX:98K level — a confirmed close above this could trigger a move toward $103K.
Stay tuned for more real-time updates.
Do hit the like button if you like it, and share your views in the comments section.
Thank you
BTC/USDT 1H Chart: Channel Breakdown Alert!Hey Bitcoin traders! Let’s dive into this 1-hour BTC/USDT chart. Bitcoin has made a decisive move, and it’s not looking good for the bulls!
BTC was trading within a well-defined ascending channel, with key levels at $95,800 (upper resistance) and $88,000 (last higher high). The price recently tested the support around $95,800 but failed to rebound, and now it’s crashed below the channel’s support, currently sitting at $94,300. This breakdown signals potential bearish momentum!
The next critical support to watch is $92,000, and if that fails, we could see BTC slide toward the previous resistance at $84,400. On the flip side, a recovery above $93,000 might bring some relief, with resistance at $98,000 and a potential retest of $100,000.
Key Levels to Watch:
Resistance: $95,800, $98,000
Support: $92,000
Breakdown Target: $86,000
Recovery Target: $98,000+
The bears are in control — where do you think BTC is headed next? Let’s hear your thoughts below!
BTC/USDT – Weekly Chart Analysis (Long-Term View)BTC/USDT Chart Pattern: Multi-Year Cup and Handle Formation
The chart shows a textbook “cup and handle” formation, a highly reliable bullish continuation pattern. This pattern has played out over several years (2021-2025), indicating long-term accumulation and a breakout attempt.
Cup Phase:
Extended from mid-2021 to early 2024.
Formed a deep and rounded base, often indicating institutional accumulation.
The rounded lows reflect a gradual sentiment recovery from the 2022-2023 bear market.
Handle Phase:
A short-term consolidation after moving above the $70,000-$74,000 resistance area.
Price action pulled back marginally after hitting $110,000, forming higher lows near $85,000.
The structure resembles a bull flag or pennant, which is usually seen before the next upward move.
Key Support and Resistance Areas:
Key Support $70,000–$74,000. Previous resistance turned into support
Psychological Support $85,000 Local Retracement Low
Immediate Resistance $100,000–$110,000 Near ATH, selling pressure area
Long-term Target $130,000+ Measured move from cup pattern
Volume: Volume was high during the breakout from late 2024 to early 2025, which validates the breakout from the cup resistance area.
If BTC breaks above $100,000–$110,000 with strong volumes, we can expect continuation towards:
$130,000 (short-term target)
$150,000–$180,000 (extension based on pattern symmetry)
Bearish Risks:
Failure to hold $85,000 could lead to a retest of the $70K support area.
Sustained breakdown below $70K would invalidate the bullish pattern, but this seems unlikely given the strong fundamentals and macro structure.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
$1000CHEEMSUSDT Breakout Alert🚨 Breakout Alert! BINANCE:1000CHEEMSUSDT 🚀
Price broke out of a symmetrical triangle on the 12-hour chart, bullish confirmation in play.
- Entry: CMP
- Target 1: 0.001681
- Target 2: 0.002183
- Final Target: 0.003322
- SL: 0.001336
Volume confirmation next?
Watch closely! 👀
Bitcoin's Weekly MACD & RSI —Back To Basics (Part 1)We looked at Bitcoin on the weekly timeframe and mentioned the rare Michael Saylor 4 weeks green bullish signal. But what about the MACD and RSI? What are these indicators currently saying?
Let's dive deep into these two and see what we can find.
First, Bitcoin's weekly RSI.
1) Here we have first what is called a hidden bullish divergence. The RSI hit a lower low in March 2025 compared to September 2024, but Bitcoin is currently trading within a strong higher low (March/April 2025 vs September 2024). This is an interesting signal.
2) The same RSI support that was activated in September 2023 and September 2024 worked in March 2025. Once this level was activated—blue dotted line on the chart—the RSI started to move upward.
Each time this support is activated Bitcoin goes on a major bullish wave. In September 2023 Bitcoin started a major rise from 20 something toward 70K+. In September 2024 Bitcoin started a major advance from 60 something toward 110K.
3) A triple bottom. Another signal related to this same support level is a triple bottom. It was challenged three times and holds. In 2025, this support zone was pierced briefly and then the RSI started growing. This makes the reversal signal an even stronger one.
Bitcoin doubled in 2024 from this RSI support and more than triple in 2023. So this time around we can count on a double minimum but can be a triple or more. If it increases each time, first a double, then a triple and then a quadruple.
The next signal is Bitcoin's weekly RSI broken downtrend and bullish reading:
1) The downtrend has been broken on the RSI, pretty simple. Here depicted with blue lines. Needless to say, when the downtrend breaks the RSI moves up. A strong RSI is bullish for Bitcoin and this takes us to #2.
2) The RSI has a strong reading at 59. Bullish is above 50 and there is also a bullish cross, when the RSI moved above the RSI based MA (moving average).
The weekly RSI reveals Bitcoin's eternal bullish bias. Over time this indicator becomes overbought but never oversold. Interesting isn't it? It shows that market participants are ready to buy beyond what is reasonable but not willing to sell that much.
As it happened back in late September 2024, the RSI doesn't have to move straight up, there are ups and down within a rise, please keep that in mind. The RSI doesn't necessarily reflect what Bitcoin is doing or will do, it only supports a broader bias, trend or cycle, in this case the bullish case.
Next comes the MACD (Moving Average Convergence Divergence).
This is pretty interesting as well and the first signal is a higher low in April 2025 vs September 2024, a standard bullish signal:
Revealing Bitcoin's eternal bullish bias, the MACD starts to recover without reaching the bearish zone. The bearish zone is when the MACD moves below zero, here the recovery is happening above.
The fact that the bullish cross on the MACD, when the MACD line crosses upward the signal line, is not yet in means that this bullish cycle is still early.
When the MACD line (blue) starts to curve on the weekly timeframe after making a long-term low, as it is now, the market turns bullish and there is no going back.
I will go deeper on the MACD in part 2 of this publication.
If you enjoy it and like it boost it to give me feedback. The more feedback, the deeper the next analysis will be.
Thanks a lot for reading, your support is truly appreciated.
I'll see you next time.
Namaste.
BTCUSDTLooks like BTCUSDT wants to make us smile again 🙂 A new opportunity for a Sell signal has emerged, and I’ll be taking advantage of it. However, don’t forget that in 35 minutes**, the *U.S. Services Purchasing Managers' Index (PMI)* data will be released — and that could cause some market volatility. I’m opening the trade with that in mind, so make sure you adjust your risk accordingly.
🔍 Criteria:
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:1.60
✔️ Trade Direction: Sell
✔️ Entry Price: 94333.33
✔️ Take Profit: 93908.54
✔️ Stop Loss: 94598.39
🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
📌 If you're also interested in systematic and data-driven trading strategies:
💡 Don’t forget to follow the page and subscribe to stay updated on future analyses."
BTCUSD: Gathering Momentum for a BreakthroughThe price of BTCUSD strongly broke through the threshold of $97,000 this week, showing a robust upward momentum. Although there has been a pullback currently, it still remains in a strong uptrend above $95,000 overall. In the short term, the primary target for the upward movement is $98,000. If this level is broken through, the focus will shift to the significant psychological level of $100,000. However, when the price of BTCUSD approaches the level of $98,000, this area will form a resistance, and investors should be cautious about the potential risk of a pullback. If it unexpectedly breaks below the support level of $93,000, it may pull back to the area around $89,000.
Taking all factors into consideration, the overall trend of BTCUSD next week is relatively optimistic, with a high probability of continuing to break through upwards. However, the risk of a pullback should also be watched out for. There are uncertainties in the market, and macroeconomic factors such as the progress of negotiations between the United States and its major trading partners may also have an impact on the price of Bitcoin. Therefore, relevant news should be closely monitored.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
BTCUSDTHello everyone! The downtrend in BTCUSDT continues with strong volume. Since May 3rd, the bearish trend has remained intact, and the current delta rate stands at -45%.
This indicates that the downward momentum is likely to continue for a while.
Therefore, I’m planning to open a short position on BTCUSDT.
You can find the entry, exit, and TP levels below.
🔍 Criteria:
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:1.50
✔️ Trade Direction: Sell
✔️ Entry Price: 94586.48
✔️ Take Profit: 94113.32
✔️ Stop Loss: 94902.08
🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
📌 If you're also interested in systematic and data-driven trading strategies:
💡 Don’t forget to follow the page and subscribe to stay updated on future analyses.
BTCUSDT:Sharing of the Latest Trading StrategyThis week’s trading wrapped up successfully. Our exclusive VIP trading signals achieved a 90% accuracy rate!👉👉👉
This week, crude oil prices have consecutively closed with bearish candles and declined. On the 4-hour chart, there are four consecutive bearish candles exerting pressure. On Saturday, the OPEC+ convened a meeting ahead of schedule and confirmed the decision to increase production by 411,000 barrels per day in June, which further intensifies the market's concerns about oversupply. It is recommended that for crude oil trading next Monday, short positions should be mainly taken at the resistance level during rebounds.
Trading Strategy:
buy@94500-95500
TP:97500-98500
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
👇 👇 👇 Obtain signals👉👉👉
BTC | WHY Bitcoin is BULLISH | 2021 Fractal5 reasons why I say BTC is on it's way to a new ATH (All Time High) :
✅1️⃣ Support zone reclaimed
BTC has successfully reclaimed the support zone ABOVE the neckline resistance, a topic that I've been discussing over the past two weeks. If you'll recall, I pointed out either 70k or 90k. We have our answer:
✅2️⃣ Trendlines
Trendlines are BULLISH as BTC continues to make highger lows, a key indication of bullish sentiment even when a pullback is present:
✅3️⃣ Moving Averages
BTC has reclaimed ALL moving averages in the daily, a bullish indication:
✅4️⃣ Trend Based Indicators
A bullish flash in the weekly is a strong sign:
✅5️⃣ Fractal
It's possible that BTC plays out similarly to the previous ATH fractal from 2021:
________________________
BINANCE:BTCUSDT