azshomali

Analyzing BTC and the Road Ahead Hi guys👋👋 I came back with another analysis of the BTC let's dive into it at first, we see a MACD divergence between the two last highs in the weekly time frame, it is also visible in the rsi too soo this indicates a bubble in the price🧨🧨 secondly, there are 3 important gaps in BTC1! daily chart time frame, which I labeled prices. the most probable scenario for me is that: BTC price will decline to 28400$ then it may go lower again to reach around 20700$ after that starts to rally for 38400$ OR it may go up straightforward to the 38400$ without touching the 20700$ level But in my personal opinion BTC1! should fill the 32000-34000$ gap ultimately📈📈

Hi fellow traders♥♥we are here with another analysis to see what could happen to the king of cryptoas we mentioned in our previous publication these 5 months were a tight range but we see that the BTC price has just broken its 17600 resistance if we look to the left we can find 2 major zone The first one is an FVG whose price tends to reach there no matter how much it takes🛑but we can not be sure that price level can push prices up or notso we come up with the second zone the HVP(high volume price)in Jul 2020 bulls showed interest at this level and push the price up so it can happen again so we need some time to see BTC around that level we will update you when it closes that area

hi guys as we see BTC has broken out its daily trend lineand just came out of its trading range(the white box)It's a typical break-out, so technically we expect a pullback to the top of the trading range.to sum up, the target could be the purple zone which is an order block and also a gap in BTC CME's futures market.BUT⚠🛑⚠🛑 fundamentally:I fear that the treading range that we have here is also an order blocklet me explain, this month the fear and greed index was extremely low it means generally people fear seeing lowers prices so they sell but there were still some buyers to buy but there were not enough of them for institutes so I think institutes want to push price lower for themselves by selling a huge amount of volume since there were not adequate buyers they decide to sell partially making order block or treading range.in addition, technical analyses tell us the trend could be bullish so it also can provide enough buyers for the whales.oooook🥱🥱 what's the result ???my opinion is that we see lower prices around 13-15K

hi guys as we see in the weekly time frame there is a massive head and shoulderthe pattern tells us that the price will go down until about a crazy number of 400$do you think that is possible??? comment down below

as you can see we have a trend line in both RSI and BTCit is possible that we see an up trend until 34-35Kand MACD also shows some weakness in the down trend which is good newshaving a green weekly candle is also hopeful

as you can see in 1h time frame we reach the top of the smaller channel so we can go for shortand we also get confirmation from MACD the R/R is not what I want but I take risks and go for short

as I expected from previous Bitcoin analysis BTC price hit the purple support area and then broke it stronglymy scenario is to see a pullback whether not and then all the way down to 24K area. if it continues its trend strongly , possibly we can see 20K Bitcoin price because I can't see any such strong support to stop the bitcoin from falling🛑🛑🛑BUT just a piece of vital fundamental news can make a new support area reverse the whole trendto sum up, be careful of your asset at this moment don't hurry to buy bitcoin even 20KSlow and steady wins the race

⚠⚠⚠ Disclaimer: this is probably a high-risk signal because I am publishing it 1 day earlier so be carfulbecause BTC's downward trend will continue until 30-31K I expect the fall for NEAR tooFrom the resistant zone all the way down to the 61.8% FIB level at the 8.5-8.7$ price, of course, there will be some breaks in the way before going for a short position wait for how the price reacts to the resistant zone. personally, I will go for the short position when I see two good bearish candles or one strong one after touching the white zone

in the daily time frame as can be seen we almost reach the bottom of the channel so typically we expect growth until at least the middle line of the channel 90 $ of course it takes a breath in 70-71 $⚠⚠⚠ certainly you should consider the BTC actions and fundamentals when Luna touches the bottom of the channel