Bitcoin Trend Analytics May 18th - profit from long and shortBTC is still consolidating within the downward channel.
The consolidation range is $32682.35 - $27516.29, centering $29699 - $30365.79.
Today is likely to see the price go up first and then drop down.
You can draft your strategy with the help of the target points above.
Contact me on Twitter if you have any questions. :)
Safe trading, and welcome chatting.
Bitcoin-trading
ZKTUSDT hidden gem on Layer 2. Major updates are here!Fundamental Analysis #ZKTUSDT
zkTube has Rebranded to ZKTMETA :
Key Takeaways
By merging its metaverse operation systems with its industry-leading Layer-2 network, ZKTMETA is turning the dream of a rich metaverse into the average consumer’s reality
The project is all set to facilitate metaverse games with the sophistication of epic proportions thanks to the raw power, affordability, and security of its Layer-2 network
At the same time, it’s empowering creators by laying the groundwork for them with the metaverse operation system. This will undoubtedly accelerate the pace of innovation as more and more creators bring their diverse imaginations to the table
The potential of ZKTMETA is already being realized in the form of its first metaverse game known as MetaTube.
1.Building a Metaverse Operation System on Layer 2
2.Why Layer-2 is the Right Choice ?
3.The Future of Metaverse is Here
4.The First Metaverse Game on ZKTMETA
Checkout their official twitter updates @zkTubeOfficial
Technical Analysis
1.Breakout from 13-21-55 EMA and retesting the level and show's perfect time to enter.
2.Breakout from descending triangle and retesting shows momentum .
3. Etherscan shows major coin holder's are accumulating in dip.
#ZKTMETA #ZKTUSDT #metaverse #blockchain
BTC/USDTMore than $30 billion flowed into the cryptocurrency market late last week, triggering a significant rebound across most digital assets.
Bitcoin bounced off the $26,660 level to reclaim $30,000 as support. The sudden upswing came as a surprise to many as investors remain fearful over the stability of the stablecoin market following Terra’s UST collapse. Still, the flagship cryptocurrency appears to be positioned for further gains.
To confirm the optimistic outlook, BTC must slice through the $31,225 resistance level.
Breaching such a critical resistance area could encourage sidelined investors to reenter the market, pushing Bitcoin to the next interest zone at nearly $35,000
THIS IS NOT FINANCIAL ADVICE / IT'S JUST MY PERSONAL OPINION
BTC/USDTD1 was close below 30 k
Today we will hit target 27 k and if we can break it in my opinion we can face 24 k soon
I do trading in short term and based on patterns so don't use my analysis for long term/ just take advantage of the market and leaveeeee ;) DON'T BE GREADY
use stop loss
THIS IS NT FINANCIAL ADVICE / IT'S MY PERSONAL OPINION
its update of my longterm oponion on bitcoin hi friends .. u can see my old idea in the link
i think bitcoin is on the midline of longterm chanel again..
and we have to see what will the react to this area this time..
One more BITCOIN Push?Hello Friends,
Here we look at the falling wedge of Bitcoin. If we break and close the current resistance level we will look toward the top of the falling wedge with trailing stops for a potential break to the upside.
We will continue to play the falling wedge pattern as it is holding well.
If the current strong support at around 37K is broken we will look for short positions to ~35K and lower.
Happy Trading!
Bitcoin Trading at important Support Level in LTF#Bitcoin Lower Time Frame Update:-
$Bitcoin Currently trading at $38000 level.
Now $37000 is strong support.
If not sustained this support then we can see Big Down trend.
And HTF $32900 level is HL level.
So If $32900 break then We can see $23000 also.
Big Pump or Dump Coming soon so Safe your Positions.
Bullish Divergence in LTF.
Bullish Breakout Point = $39400
Bearish Breakdown Point = $37000
Put Stop loss if you already Opened Long Positions.
Bitcoin Rises to $43KThe crypto market today is mainly trading in the mix with bitcoin, the world's largest cryptocurrency, trading at $43,443 at the time of writing.
Bitcoin’s dominance is currently 41.33%, an increase of 0.34% over the day.
The worldwide crypto market capitalization is currently £1.96 trillion, increasing 0.68% over the last day. Whereas the total crypto market volume over the last 24 hours is £96.92 billion, which makes a 9.25% increase.
BTC/USDTBitcoin continues the downward movement and breaks below the $40,000 area. The next good support is the $38,500-$39,000 area and BTC needs to hold above this level. Global markets also show downward movement because of the FED interest rate increment news. We will see high volatility in the next few days.
This is BTC D1 time frame pattern
I do trading based on patterns and zones
Just keep eye on the chart for the next move
USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE
BNB Trading Setup Road to 1000$ ?? Recently CZ tweeted about burning BNB and so it has shortened the BNB supply which will evenly increase the demand. Right now most of the crypto projects are based on BNB , so it is much likely expected the price to increase.
By the end if the market remains bullish then it can easily reach 1000$ mark.
Please Like, Share and Comment.
Bitcoin Prediction Of Price Movement For the next 1-2 weeks!I believe bitcoin will repeat previous price action movement (shown with blue circles). This can only happen if price can break and claim the first level of resistance (bottom purple box), from their it make continue to come up to the resistance level at 46500-47000 (top purple box), or it may reject at the 44500-45000 resistance level (middle purple box)
April 22' Micro Bitcoin Futures Positive DivergenceRecently, the CME April 22' Micro Bitcoin Futures contract witnessed a positive MACD divergence.
The low on April 11 was repeated on April 12 (Shown with green arrows).
However, the MACD (Moving Average Convergence Divergence) was higher on at the same price level on April 12, than it was on April 11. This is called positive divergence.
The 12 period (in this case 30m) EMA began to gain strength vs the 26 period (again 30m) EMA, as the futures were weakening. This is a signal that the downtrend may be changing.
The trade was initiated after resistance was broken, denoted by the green horizontal line. Here you had a break out above resistance, combined with the strengthening MACD.
$42,300 is the next logical target, with $44,000 being the final target, as it was previous resistance.
MACD Education:
Developed by Gerald Appel in the late 1970’s
Useful in trending markets because it is unbounded
MACD Line = (12 period EMA - 26 period EMA)
Signal Line = 9 period EMA of MACD Line
MACD Histogram = MACD Line - Signal Line
Convergence occurs when the MA move towards each other.
Divergence occurs when the MA move away from each other.
Typically the 26 and 12 period EMA are used
Oscillates above and below 0
When MACD is positive, the shorter average is above the longer term average
Signals when it crosses from below to above the signal line
Histogram was developed by Thomas Aspray in 1986
Signals MACD above or below signal line
BTC / USDT 4H PATTERNAs you can see right now BTC in 4H time frame it's in this pattern so just keep eye on the chart for the break out and confirmation for entry short or long
I do trading based on patterns and breakouts that is why I usually post about patterns and take the advantage of the market movement
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
DO NOT FORGET TO USE STOP LOSS
its the update of my Feb 21 idea (go to related ideas)As you can see, Bitcoin has hit the middle blue resistance. The first static support is in the price range of 42400-42k.
The level of 42,000 is very important. In the first stage, I think the price will respect to this level.
Otherwise there is a possibility of moving to the next dynamic support line.
Another point is the weekly RSI . its near to the 50 line .it usally is the suporrt.
Bitcoin - Swing Trading Idea Till End of April - 7 April 2022BITFINEX:BTCUSD recently drops to a strong support zone as my expectations from my previous trading idea last Thursday. Bitcoin conference is in progress and a big announcement coming soon - over 16:30 Miami time. In short term, such a conference is a bearish indication, but in the long run of course means more adoption.
What is the supported thesis technically for the expected uptrend on Bitcoin
- price finished symmetrical A-B-C correction with A=C wave
- MACD indicator is at the low of 1-st April with the potential to reach the target
- 25% move will be good for price action and an indication of a parabolic 5-th wave
- huge probability price to range in 47-48k - day or two when starting exploding
If you have any questions related to this trading idea I will be happy to provide you with answers.
FTM - Short to $1It is clear that FTM had difficulty breaking the downward momentum. It had three touches at the resistance on the daily TF, but was unable to hold it as support. I can see this coin going back to $1 or lower. Furthermore, based on my indicators, it tells me that the trend is exhausted, whale money flow and stoch rsi is overbought on the daily timeframe