$BTC
Good morning everyone!
We are closing the quarter, and this can present a great opportunity. We’re going to analyze everything across 3 timeframes: monthly, weekly, daily, and a quarterly summary!
Quarterly:
If we consider the formation of the W pattern “Bearrish Bat,” it could present a pullback with bounces between $79867 and $65852, to start a rally up to $118939. However, since BTC broke a bullish signal of 43% at $82984, there’s a possibility it bounces at this support and continues the rally up to $118939. Graph1
If it continues to $118939 and strongly rejects, it would only retest down to 95985—we would analyze another pattern. But if this happens, the next ATH could be $165974.
Monthly:
It is in a rally, or the final leg of an “Anti-Crab” W pattern that started with the bounce at $57851, and its maximum would be only up to $98000—so be careful with this resistance.
Daily:
If it manages to close above $85385, it could start a 7.9% rally up to $92104. If it holds this signal, the pullback would only be to $83661.
REJECTIONS:
REC1 $87399
REC2 $89133
REC3 $92104
REC4 $95467
BOUNCES
REB1 $82984
REB2 $80800
REB3 $79867
REB4 $78095
If this update was useful to you, don’t forget to give it 👍 Like 👍 and share.
Thank you for valuing and following me!
Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
#Write2Earn #BTC #BTCUSDT
Good morning everyone!
We are closing the quarter, and this can present a great opportunity. We’re going to analyze everything across 3 timeframes: monthly, weekly, daily, and a quarterly summary!
Quarterly:
If we consider the formation of the W pattern “Bearrish Bat,” it could present a pullback with bounces between $79867 and $65852, to start a rally up to $118939. However, since BTC broke a bullish signal of 43% at $82984, there’s a possibility it bounces at this support and continues the rally up to $118939. Graph1
If it continues to $118939 and strongly rejects, it would only retest down to 95985—we would analyze another pattern. But if this happens, the next ATH could be $165974.
Monthly:
It is in a rally, or the final leg of an “Anti-Crab” W pattern that started with the bounce at $57851, and its maximum would be only up to $98000—so be careful with this resistance.
Daily:
If it manages to close above $85385, it could start a 7.9% rally up to $92104. If it holds this signal, the pullback would only be to $83661.
REJECTIONS:
REC1 $87399
REC2 $89133
REC3 $92104
REC4 $95467
BOUNCES
REB1 $82984
REB2 $80800
REB3 $79867
REB4 $78095
If this update was useful to you, don’t forget to give it 👍 Like 👍 and share.
Thank you for valuing and following me!
Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
#Write2Earn #BTC #BTCUSDT
