March 3, 2026

ANALYSING A POSSIBLE UPTREND (BTCUSDT)

ANALYSING A POSSIBLE UPTREND (BTCUSDT)

ANALYSING A POSSIBLE UPTREND (BTCUSDT)

ANALYSING A POSSIBLE UPTREND (BTCUSDT)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
ndingurigitaumartin01


ANALYSING A POSSIBLE UPTREND (BTCUSDT)

By choosing a 4hr time frame , I notice a downtrend as on the chart with candle closing at the value of ( C 42140.0) on 21st/ APR /2022 at 1500hrs (utc+3 Riyadh). This trend is reversed as explained below;

* The price range percentages indicated from the support level (purple colored rectangle )express the price movement of the higher
lows down the trend.
* Lowest recorded percentage (5.76%) higher low at the end of the downtrend , candlestick closing at the value of ( C 38696.0) ,wick
value (H 39255.5); setting for us a new RESISTANCE (horizontal yellow line).
*A breakeven above our resistance at 1900hrs (UTC +3 Riyadh) on 4th/ APR /2022 is our evident downward reversal candlestick at the
value of ( C 39840), wick value (H 40058.5).

OPEN TRADE AT : MARKET PRICE 39300.0 TP 39400 SP 37504.5
SPECIAL APPRECIATION: @AlexTrading @laurensandy @tttacademy ( OUR MAGICIAN’S HOUSE) ~still learning

Previous Article

Bitcoin And Nuclear: The World’s Most Feared Technologies Can Actually Save It

Next Article

ANALYSING A POSSIBLE UPTREND (BTCUSDT)

You might be interested in …

Bitcoin 28 April 2022

Bitcoin 28 April 2022

Bitcoin 28 April 2022 Bitcoin all time history index INDEX:BTCUSD exlux99 TOP Side = 40600 – 41000 according to Implied Volatility and ATR BOT Side = 37800 – 37500 according to Implied Volatility and ATR […]

head for the hills

head for the hills

head for the hills BTC/USD COINBASE:BTCUSD DollarCostAverage Keltner Channel analysis: I think this rejection so close to the bear flag support is a major warning shot fired.

dancing diagonal

dancing diagonal

dancing diagonal Bitcoin / U.S. dollar BITSTAMP:BTCUSD Catnip_Capital lorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem ipsumlorem […]