GM crypto bro's, this morning the Fear and Greed Index is back in the fear zone, while the stoch RSI seems tired of being overbought and may be dropping towards the oversold area. Looks like BTC is not in the mood to hit 61K - 62K this morning and is just hanging out around the 58K range again 🗿. Based on today’s price action, there’s a possibility of a drop back...
In our last analysis we identified the picture perfect higher timeframe impulse schematic. We were nearing the end of wave 3 and was anticipating the wave 4 correction to appear. We now have the wave 4 correction and we are halfway through it. On lower time we can see that we're in the midsection of the ABC correction for wave 4. We've completed wave A and...
Hello traders, This is my observation and analysis for Bitcoin using ICT's Concepts. So, recently we had price break it's all-time highs in March 2024. Since then, we have been chopping around in a consolidation. We may make new highs, or we may retrace deeper into a discount. I'm not here to guess, I will just show you what I see. On the monthly timeframe,...
#ZEN/USDT - Description --------------------------------------------------------------- + ZEN just bounced back from the support + Now its just close to the resistance range around 8.6, this area is critical for the prize + Breakout from this resistance is critical for the next leg of the run. --------------------------------------------------------------- ...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price a not long time ago rebounded from the 42500 support level and made a strong impulse up to the 45900 resistance level, which coincided with the resistance zone. But soon, BTC rebounded and in a short time declined until to trend line, breaking the support...
Based on my charts, We may see some downside but ADA may also see upside. Ultimately, I predict ADA will have a new price in July. I would recommend buying if you are bullish and selling if you are bearish, otherwise HODL. I am not a financial advisor.
BTC has corrected in the last few days, but it has took support in the trendline, Major Supports including Trendline, SMA 150, and Support Zones have survived, and the price of BTC as well as ALT Coins are above their support. As the overall market sentiment is bullish in the medium term, we can expect BTC to Bounce off from here, Important Price Supports to...
Another push in to that zone and we will catch a nice short. 30k is a strong resistance and it will be hard to break , i believe that will be the turning point . 20k and 18k are still in our cards.
Bitcoin price recently decoupled from the stock market, as a result of which even the recent banking crisis held no bearish impact on the cryptocurrency. Now as the "Sell in May" trend comes back to life, it is likely that BTC might reap the benefits of a slow-growing stock market. "Sell in May" - Banks' collapse paves the way In the stock market, as April...
Bitcoin price recently decoupled from the stock market, as a result of which even the recent banking crisis held no bearish impact on the cryptocurrency. Now as the "Sell in May" trend comes back to life, it is likely that BTC might reap the benefits of a slow-growing stock market. "Sell in May" - Banks' collapse paves the way In the stock market, as April...
After a failure to break through the 30,000 resistance three times, it appears that the bulls have given up and the bears took over. When we connect the two local tops and copy that trend line to the bottom, we create a perfectly symmetrical channel. It's unclear whether we're going down all the way to the support line of the channel, but I have to agree that...
Btc is going to 40k or maybe even 48k then a reversal to the 20k after that a real bull run commences. 100k btc in 2025
Trade setups I'll be looking for next month depending on how we close.
The Triangle of Death hyper-drive to accumulation before BULL MA
In this analysis I want to talk about the comparison of the current end-of-bear rally and compare it to the one we got in 2019. This analysis is based on just 1 previous occurrence, so deviations are possible and expected. Some key points of the 2019 end-of-bear rally: 🔶 It took 28 weeks from top to bottom. 🔶 The price topped at the 0.618 Fibonacci retracement...
By looking at the chart it's quite clear that BTC has 2 very distinct and important ranges. The blue range between 15.3k & 25.2k has been our home for the past 9 months, by splitting this range up into quarters on the 1d chart you can see that price on many occasions respects these given levels. The orange range is where we are now, we've broken up past the...
Price has reached a key area of support & resistance, where previously price made a strong impulsive movement to the upside from this zone. I am anticipating for price to rise back up into resistance again.