TradingView India. View live GRAYSCALE BITCOIN TRUST (BTC) chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. COS / BTC Cos is in need of a falling wedge. Fib is very close and it may pass easily and will most likely test the MA The 1 hour time frame has shown signs of a breakout from the trend line. I am . Looking at the daily chart for PAY/BTC, we can see a massive falling wedge coming to completion. Using the wedge height to determine the target price, you can see we have a massive target ahead of us. .
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However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
Yesterday BTC aims towards local support orange line. 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 This is a quick short-term update on Bitcoin.
The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective. Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, BTC is facing resistance along the 0.
Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. SL below falling wedge support Target slightly less than height of pattern blue arrows where it meets heavy resistance. Long, long Looking at PAYBTC's 4-hour chart, the price action has been in a falling wedge technical pattern for over a year and it is nearing completion.
The price has formed a nice rounded bottom and broke above two resistance lines. Huge divergence can be seen on the MACD. If we break this pink overhead resistance trend, I think we're off to the races and could be in line PAY is holding bottom trend line.
Target Currently waiting for a retest in trend support. Looking back at previous retest of support we can Watch in the next few hours for jump or fall. This is not a financial advice. Always do your own research and always put stoploss in your trade SL : If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody If u like the analysis, please COS is moving in a huge Falling Wedge pattern and in the next few days it will reach the most important support zone at sts, which is the confluence of the bottom edge of the Falling Wedge and the lowest price zone of the COS.
So there's definitely a strong buying force here and we could buy in this zone. The highest target of this turn is sts, but COS