#BTCUSDT 2H Chart update
Recently price broke upwards from the downtrend and moved up aggressively creating another demand zone. It touched perfectly the resistance at $49,171.16 and got rejected. We can see a bearish divergence on RSI meaning price could retest a bit if it breaks the $48,642.44 level and can get as low as $47,317 testing the 2h demand zone before moving up again. However MACD and EMA ribbon are showing us bullish indications and if price manages to break the $49,171.16 resistance, it would not be a surprise if it breaks through the 2h supply zone reaching the major resistance level as this supply zone has been tested multiple times now.
https://www.tradingview.com/x/3NmJlYVY/
Recently price broke upwards from the downtrend and moved up aggressively creating another demand zone. It touched perfectly the resistance at $49,171.16 and got rejected. We can see a bearish divergence on RSI meaning price could retest a bit if it breaks the $48,642.44 level and can get as low as $47,317 testing the 2h demand zone before moving up again. However MACD and EMA ribbon are showing us bullish indications and if price manages to break the $49,171.16 resistance, it would not be a surprise if it breaks through the 2h supply zone reaching the major resistance level as this supply zone has been tested multiple times now.
https://www.tradingview.com/x/3NmJlYVY/
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#BTCUSDT 4H Chart update
After ranging between the support at 47.2k and the resistance at the 48.2k level, price broke out from the support and is heading towards the S/R flip. MACD is bearish, RSI dropped to 50% and price is preparing to trade below EMA ribbon again. We could see some bearish movements from BTC if two 4h candles close below 47.2k. However if price breaks the 47.2k level again, we would expect BTC to reach 49.17k after struggling a bit on the resistance at 48.2k.
https://www.tradingview.com/x/IR9zr3FP/
After ranging between the support at 47.2k and the resistance at the 48.2k level, price broke out from the support and is heading towards the S/R flip. MACD is bearish, RSI dropped to 50% and price is preparing to trade below EMA ribbon again. We could see some bearish movements from BTC if two 4h candles close below 47.2k. However if price breaks the 47.2k level again, we would expect BTC to reach 49.17k after struggling a bit on the resistance at 48.2k.
https://www.tradingview.com/x/IR9zr3FP/
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#BTCUSDT 4H Chart update
Price broke structure as headed down to the 42.6k level bouncing up from the support and breaking two previous lows. MACD is still bearish but it is showing weakness right now, RSI is oversold and price is trading below EMA ribbon again. It got rejected from the resistance at 44.1k and currently ranging between 43.5k and 44.1k. A break from the support level will result in BTC heading down probably reaching the 40.5k level. Price should break the resistance level and a consolidation phase might be on the table.
https://www.tradingview.com/x/WSwTLVa4/
Price broke structure as headed down to the 42.6k level bouncing up from the support and breaking two previous lows. MACD is still bearish but it is showing weakness right now, RSI is oversold and price is trading below EMA ribbon again. It got rejected from the resistance at 44.1k and currently ranging between 43.5k and 44.1k. A break from the support level will result in BTC heading down probably reaching the 40.5k level. Price should break the resistance level and a consolidation phase might be on the table.
https://www.tradingview.com/x/WSwTLVa4/
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#BTCUSDT 12H Chart update
As we can see on higher timeframe, after the move upwards which broke structure of the previous downtrend, price is currently ranging between the support at 47.2k and the resistance at 48.2k. Nothing new happening, indicators are still bullish with MACD being in a strong bullish territory, RSI is sold and price is trading far above EMA ribbon. Price still needs to break the range high for bullish confirmation, and when it's done our first target will be the 2h supply zone at 52.7k.
https://www.tradingview.com/x/YVL47ki3/
As we can see on higher timeframe, after the move upwards which broke structure of the previous downtrend, price is currently ranging between the support at 47.2k and the resistance at 48.2k. Nothing new happening, indicators are still bullish with MACD being in a strong bullish territory, RSI is sold and price is trading far above EMA ribbon. Price still needs to break the range high for bullish confirmation, and when it's done our first target will be the 2h supply zone at 52.7k.
https://www.tradingview.com/x/YVL47ki3/
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#BTCUSDT 2H Chart update
Price got rejected heavily once again from the 2h supply zone and is currently consolidating between 61k and 62k still respecting the uptrend as the last low was not broken. We don't have clear indications on any indicator, however price should break through the 2h supply on the next touch as it has been tested twice and is now weak so it should not hold long.
https://www.tradingview.com/x/2xpMYGri/
Price got rejected heavily once again from the 2h supply zone and is currently consolidating between 61k and 62k still respecting the uptrend as the last low was not broken. We don't have clear indications on any indicator, however price should break through the 2h supply on the next touch as it has been tested twice and is now weak so it should not hold long.
https://www.tradingview.com/x/2xpMYGri/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 2H Chart update
Price is still ranging between the daily demand and the 2h supply. All indicators are neutral as MACD is showing mixed feelings, RSI is at 50% and no clear signs from EMA's. Price broke the previous high on LTF but failed to break the second one and created equal highs where liquidity is resting. In addition, it created a 15 mins demand zone which price currently bounced from prefectly. It should continue it's way up taking all the liquidity resting above the 62.4k level and we qould wait and see it's reaction on the 2h supply for more confirmation. Price could still go as low as 59.5k before the move up, but it is unlikely.
https://www.tradingview.com/x/ewSufzwY/
Price is still ranging between the daily demand and the 2h supply. All indicators are neutral as MACD is showing mixed feelings, RSI is at 50% and no clear signs from EMA's. Price broke the previous high on LTF but failed to break the second one and created equal highs where liquidity is resting. In addition, it created a 15 mins demand zone which price currently bounced from prefectly. It should continue it's way up taking all the liquidity resting above the 62.4k level and we qould wait and see it's reaction on the 2h supply for more confirmation. Price could still go as low as 59.5k before the move up, but it is unlikely.
https://www.tradingview.com/x/ewSufzwY/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 2H Chart update
Analysis worked out perfectly as always. Price took all the liquidity resting above the equal highs at the 63.7k level and dived back down testing perfectly the 2h demand zone at around 61.5k. MACD is not shoeing clear indications, as well as RSI which is at 50% and EMA ribbon. Price should be heading towards the supply zone once again and i'm still waiting for price to hold above the 64k to head towards a new ATH.
https://www.tradingview.com/x/uWnIehHR/
Analysis worked out perfectly as always. Price took all the liquidity resting above the equal highs at the 63.7k level and dived back down testing perfectly the 2h demand zone at around 61.5k. MACD is not shoeing clear indications, as well as RSI which is at 50% and EMA ribbon. Price should be heading towards the supply zone once again and i'm still waiting for price to hold above the 64k to head towards a new ATH.
https://www.tradingview.com/x/uWnIehHR/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 2H Chart update
After bouncing many times from the support line, price finally broke through it and is ranging in a descending channel. MACD is showing small bearish momentum, RSI is sold and price is back below EMA ribbon. Once price breaks out the resistance line, we would be aiming first for the resistance at 62.2k, until then we would wait and see price's reaction on the 59k level.
https://www.tradingview.com/x/b1lGR2a3/
After bouncing many times from the support line, price finally broke through it and is ranging in a descending channel. MACD is showing small bearish momentum, RSI is sold and price is back below EMA ribbon. Once price breaks out the resistance line, we would be aiming first for the resistance at 62.2k, until then we would wait and see price's reaction on the 59k level.
https://www.tradingview.com/x/b1lGR2a3/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 4H Chart update
Price reached the resistance at 62.2k as expected and is currently trying to close above it. MACD is showing bullish momentum, RSI is bought and price is back above EMA's. BTC is preparing to breakout from the symmetrical triangle, we will either witness a breakout from the resistance line breaking through the 2h supply and heading towards a new ATH, or price will get rejected on the resistance line and the 2h supply and breakout from the support line, in that case price could drop again towards the daily breaker before moving up again.
https://www.tradingview.com/x/QFtur7qP/
Price reached the resistance at 62.2k as expected and is currently trying to close above it. MACD is showing bullish momentum, RSI is bought and price is back above EMA's. BTC is preparing to breakout from the symmetrical triangle, we will either witness a breakout from the resistance line breaking through the 2h supply and heading towards a new ATH, or price will get rejected on the resistance line and the 2h supply and breakout from the support line, in that case price could drop again towards the daily breaker before moving up again.
https://www.tradingview.com/x/QFtur7qP/
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BINANCE:BTCUSDT Chart Image by saviour25
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#BTCUSDT 2h Chart
Price got rejected perfectly from the 4h breaker and is currently bouncing from the support line as well as the 33mins demand. This demand zone is only valid on this refined TF but even if it's an unusual one the order block is still valid. MACD lines are preparing to cross and become bearish, but RSI and EMA ribbon are both neutral. If price breaks below the support line and the demand zone, we would be looking at the 62.4k level which has a demand zone that was already mitigated but we still may see some rejection, else our next support would be at around $61,650. Waiting for more confirmation.
https://www.tradingview.com/x/h0nY7Enz/
Price got rejected perfectly from the 4h breaker and is currently bouncing from the support line as well as the 33mins demand. This demand zone is only valid on this refined TF but even if it's an unusual one the order block is still valid. MACD lines are preparing to cross and become bearish, but RSI and EMA ribbon are both neutral. If price breaks below the support line and the demand zone, we would be looking at the 62.4k level which has a demand zone that was already mitigated but we still may see some rejection, else our next support would be at around $61,650. Waiting for more confirmation.
https://www.tradingview.com/x/h0nY7Enz/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 1H Chart
After taking out the equal lows testing the 40mins demand where it bounced perfectly leaving another 40mins demand at 47.7k, price ranged in an uptrend taking out the equal highs at 49.69k as predicted leaving a couple of demand zones on the way up the closest one being the 1h demand at 49k with an imbalance at around 49.75k. MACD is currently showing bullish weakness, RSI is nearly overbought and EMAs are turning bullish. Price is filling the imbalance at around the 51k level at the moment and is close to the 30mins supply at 52k. Price should get rejected from the 30mins supply and bounce from the 1h demand but overall it should close above the 54k level in order to aim for a new all-time high. Else a break from the 40mins demand would result in #BTC dumping even more before seeing a reversal.
https://www.tradingview.com/x/ZwpUViQs/
After taking out the equal lows testing the 40mins demand where it bounced perfectly leaving another 40mins demand at 47.7k, price ranged in an uptrend taking out the equal highs at 49.69k as predicted leaving a couple of demand zones on the way up the closest one being the 1h demand at 49k with an imbalance at around 49.75k. MACD is currently showing bullish weakness, RSI is nearly overbought and EMAs are turning bullish. Price is filling the imbalance at around the 51k level at the moment and is close to the 30mins supply at 52k. Price should get rejected from the 30mins supply and bounce from the 1h demand but overall it should close above the 54k level in order to aim for a new all-time high. Else a break from the 40mins demand would result in #BTC dumping even more before seeing a reversal.
https://www.tradingview.com/x/ZwpUViQs/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 4H Chart
Price recently dropped failing to fill the imbalance shortly and is currently testing the 4h demand zone after leaving a minor 4h supply zone at 42.6k. MACD lines crossed and is now bearish, RSI is sold and EMAs are bearish. Price should bounce from this area aiming for the 4h supply at 46k even though it may get rejected of the first 4h supply.
https://www.tradingview.com/x/djQ4IKsL/
Price recently dropped failing to fill the imbalance shortly and is currently testing the 4h demand zone after leaving a minor 4h supply zone at 42.6k. MACD lines crossed and is now bearish, RSI is sold and EMAs are bearish. Price should bounce from this area aiming for the 4h supply at 46k even though it may get rejected of the first 4h supply.
https://www.tradingview.com/x/djQ4IKsL/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 2H Chart
Price is still consolidating with no major movements. MACD is not clear, RSI and EMA ribbon are both neutral. Price might retest the 38k before continuing it's downward movements aiming for the 3h demand as a short term target. Waiting for more confirmation.
https://www.tradingview.com/x/YrUZjZ2h/
Price is still consolidating with no major movements. MACD is not clear, RSI and EMA ribbon are both neutral. Price might retest the 38k before continuing it's downward movements aiming for the 3h demand as a short term target. Waiting for more confirmation.
https://www.tradingview.com/x/YrUZjZ2h/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 4H Chart
Price is currently getting rejected from the 2h supply zone exactly as we expected. MACD is not showing clear indications, RSI is neutral and EMAs are still bearish. I am now expecting to see price move down to fill the imbalance around 16k and tap into the 4h demand around 15.8k before potentially moving up again. Overall trend is still bearish so we would be waiting for confirmation once price taps into this demand zone before looking to enter any buys from that area.
https://www.tradingview.com/x/T22Jg6Up/
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Price is currently getting rejected from the 2h supply zone exactly as we expected. MACD is not showing clear indications, RSI is neutral and EMAs are still bearish. I am now expecting to see price move down to fill the imbalance around 16k and tap into the 4h demand around 15.8k before potentially moving up again. Overall trend is still bearish so we would be waiting for confirmation once price taps into this demand zone before looking to enter any buys from that area.
https://www.tradingview.com/x/T22Jg6Up/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 6H Chart
As predicted, price has moved down after testing the 2h supply zone and it is currently filling the imbalance around 16k. MACD is not clear, RSI is sold and EMAs are bearish. I am expecting price to tap into the 4h demand around 15.8k before potentially moving up again. Waiting for confirmation.
https://www.tradingview.com/x/hclag76m/
As predicted, price has moved down after testing the 2h supply zone and it is currently filling the imbalance around 16k. MACD is not clear, RSI is sold and EMAs are bearish. I am expecting price to tap into the 4h demand around 15.8k before potentially moving up again. Waiting for confirmation.
https://www.tradingview.com/x/hclag76m/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 4H Chart
Price filled the imbalance around 16k and moved up from there and it is currently getting rejected from the resistance line. MACD is not clear, RSI and EMAs are neutral. We may see price moving down from here towards the 4h demand at 15.8k before potentially moving up again from there. Waiting for confirmation.
https://www.tradingview.com/x/khez3ppV/
Price filled the imbalance around 16k and moved up from there and it is currently getting rejected from the resistance line. MACD is not clear, RSI and EMAs are neutral. We may see price moving down from here towards the 4h demand at 15.8k before potentially moving up again from there. Waiting for confirmation.
https://www.tradingview.com/x/khez3ppV/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 4H Chart
Price is still ranging between the 2h breaker zone at 16.8k and the 1h supply around 17.3k. MACD is showing some bearish momentum, RSI is bought and EMAs are bullish. We should expect more ranging as it is the weekend and low liquidity is present in the market, but overall i do expect price to move down towards our discounted 3h demand zone at 16.5k before moving up again.
https://www.tradingview.com/x/IhEkyHP9/
Price is still ranging between the 2h breaker zone at 16.8k and the 1h supply around 17.3k. MACD is showing some bearish momentum, RSI is bought and EMAs are bullish. We should expect more ranging as it is the weekend and low liquidity is present in the market, but overall i do expect price to move down towards our discounted 3h demand zone at 16.5k before moving up again.
https://www.tradingview.com/x/IhEkyHP9/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT 4H Chart
Price is ranging between the 4h breaker zone and the 2h supply zone showing bo major movements as it is the weekend and low liquidity is present. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. Price needs to reclaim 17.5k in order to aim for higher pricing.
https://www.tradingview.com/x/rdon1AQi/
Price is ranging between the 4h breaker zone and the 2h supply zone showing bo major movements as it is the weekend and low liquidity is present. MACD is showing bullish weakness, RSI is bought and EMAs are bullish. Price needs to reclaim 17.5k in order to aim for higher pricing.
https://www.tradingview.com/x/rdon1AQi/
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BINANCE:BTCUSDT Chart Image by saviour25
#BTCUSDT Daily Chart
Price moved up aggressively after breaking through the 6h supply zone at 18k turning it into a breaker zone and reached the major daily supply at 21.2k where it is currently getting rejected from. MACD is showing strong bullish momentum, RSI is overbought and EMAs are turning bullish. I now expect to see some retracement towards the daily breaker at 19.6k.
https://www.tradingview.com/x/4qyQFwbt/
Price moved up aggressively after breaking through the 6h supply zone at 18k turning it into a breaker zone and reached the major daily supply at 21.2k where it is currently getting rejected from. MACD is showing strong bullish momentum, RSI is overbought and EMAs are turning bullish. I now expect to see some retracement towards the daily breaker at 19.6k.
https://www.tradingview.com/x/4qyQFwbt/
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BINANCE:BTCUSDT Chart Image by saviour25