Here is an idea you should consider for your BTCUSD trading entries

The bulls just need a stronger force to outsmart the sellers… But the sellers seem to be delaying the move so they can easily hit the 38k area. That’s not funny.

hi Famoosky will send you a mail

blessStar:
hi Famoosky will send you a mail

I will be waiting

BTCUSD : Dipping is anticipated. So, a sell till $40k is much possible!

#BU … Trades above $50k matters for long term buyers … sellers can only run out of steam only if the triangular pattern got smashed and overwhelmed by bullish structures…

The rejection at the $50k price level is a validation that the trading area matters to both buyers and sellers.

Since a bullish continuation pattern is in place, making a conclusion that BTC blockchain traders are aiming for another high (maybe $70k) won’t be a bad idea.

Opting for an instant buy order is cool. But waiting for the retest of the observable support level: $46- $47k is better.

BTCUSD update

Yay !

BTCUSD found an acceptance near the anticipated value area - $47k.

Thanks to the mild volatility and the swift 4H MA cross-over.

They all helped buyers to secure buying swing points and obviously the long-awaited bullish structure.

At this moment, buyers are buoyed by the recent trendline break and would obviously defeat the $50k resistance .They are expected to ride the short-term trend till $52-$53k before considering another correction.

Decision rule : Securing 1 buying position now is cool , but making two buying position - @ current price and @ $49,500 is better.

The crypto pair peaked and also corrected at the anticipated value area ($52-$53).

At this moment, it’s gaining momentum for another round of Northward movement.

Despite its slippage off the marked value area(49,500 USD), the pair still got the attention of intermediate trend riders.

A two bullish candlestick set up is gradually giving hope that the crypto buyers forces would outweigh sellers forces.

If the crypto pair buyer can successfully reclaim the $50k value area and trade above the 51,500 USD price point, optimism for a 4,000 - 5,500 USD gain won’t be a bad idea

BTCUSD Update

There wasn’t an update in recent days because the exotic coins played according to the scripted analysis.


If you’ve been following the pair movement in recent days, you must have seen how the USD strength weighed on the coin value.

Currently, the buyers are in control of the market.

Such a condition is expected because the intense selling pressure landed the pair in an oversold region ; the pair needs to correct

Please note that selling till $48 and below can be averted only if buyers are able to push BTCUSD price above the $59k resistance area (and also form a good tradeable structure).

Until then, the sentiment still remains bearish.