TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. Today we received the long signal from the Automatic Engulfing Strategy Bot. The price formed the descending Elliott waves pattern (1,2,3,4,5), it is commonly known that there is a high probability of forming two ascending waves (A,B,C). Looking at the charts BTC moved up as predicted. It's hit the upside wall at the K level. Now begins the consolidation phase where btc travels sideways and reloads for another move. If that consolidation phase bounces across and slowly moves down BTC will form a bullish flag for another move forward. That's the formation I'm watching for.
Tradingview btc usdt binanceBTC/USDT for BINANCE:BTCUSDT by ROBINHOODLAB — TradingView India
In the end, the BNB market is now a triangle under a critical range. The range of Do your own DD. Bnb, the native token for one of the biggest international exchange is signalling a buy on weekly. BNB is in an interesting spot, fundamentally speaking: who knows what's really going to happen to exchanges like Binance once the big regulations start hitting crypto now that it's entering the main, mainstream. Aside from that it has good fundamentals: it's used for decreased trading fees on the highest volume crypto exchange and you can stake it for passive I, however, see higher prices for BNB.
For the time, if the price could break the green line, we will see a pump. On the other hand, losing the cloud's support will result in lower prices. I would recommend a long position near the green cloud based on support zones and a slight Strong support in an uptrend Channel on both 50 MA and fib 0. Speculative play. Target Boon. I mean moon. Waiting for Short and long targets. Give thumbs up if you really like the trade idea. After trying to attempt this support area we started seeing a nice uptrend.
This resistance area marks a critical resistance target. If we close above , we can expect The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment! I'm waiting that price can continue uptrend.
We can open long position as soon as BTC will break nearest resistance. Next resistance Videos only. Will History Repeat itself? Remember you heard it here first! Breakout Imminent!!! Bitcoin potential breakout from triangle. Wyckoff Distribution says Bitcoin will go down,don't get trapped. Update on previous idea. The facts are in the chart!
Bitcoin reached nearest resistance