Market Context: BCH has broken out of the daily descending trend and is now retesting the breakout, creating an excellent opportunity for a long spot position. Trade Setup: Entry: Ladder into a long spot position between $350 - $365. Take Profit: First target: $430 - $460 Second target: $500 - $530 Stop Loss: Just below $330. This setup leverages the retest of...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders. With the 2024 election around the corner, Bitcoin's future is uncertain. If Kamala Harris wins, expect tougher regulations, potentially slowing down crypto growth. Meanwhile, a Trump win could bring a looser regulatory stance, possibly spurring Bitcoin's rise despite his personal dislike for it. As the...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago BTC dropped lower than support 2, which coincided with the support zone, but soon turned around and made a strong impulse up. BTC reached support 1 and then some time traded near, even entering to one more support zone. Later, when the price...
Hello Tradingview community! As always: If this pattern I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR I got 2 scenarios that's considered BULLISH clearly.. Yellow line: Breakout now and retest the channel for higher prices later on White line: Have some corrective price action now and breakout a bit later...
COINBASE:BTCUSD has broken through the falling trend lines, signaling potential for further upward movement. The next major target is the liquidity behind the resistance zone, likely driving the BINANCE:BTCUSDT price towards the $70K zone. Stay tuned for this breakout! 🚀
Bitcoin is forming a bull flag pattern on the daily chart, hinting at a potential breakout that could propel the price towards $100,000. Currently trading at $65,859, Bitcoin is testing the upper boundary of the flag, with multiple rejections seen in previous attempts to break out. This consolidation within a descending channel, following a strong upward trend,...
Bitcoin’s price experienced a notable 2% surge, reaching $68,000 after news broke of Tesla moving its entire Bitcoin ( CRYPTOCAP:BTC ) holdings worth $760 million. The event marked Tesla's first Bitcoin transaction in over two years, sparking speculation within the crypto space. Is this merely a security measure, or could it have larger market implications? Tesla...
Good morning, Trading Family! Bitcoin is in cruising mode, hovering around $68K, and the market’s energy is building. Will it rev up and shoot toward $74K, or will it need a breather and drift back to $66K? It’s like watching BTC decide if it’s ready to party or just stretch out on the couch for a while. With key levels in play—$68K acting as the middle...
Hello friends, Crypto markets and risk assets have been performing well recently. Bitcoin is beginning its delayed bullish momentum and catching up with indices like the S&P 500. Ethereum and altcoins are also following this bullish trend. I believe we may see Ethereum experience a small retracement to the marked zone labeled as the 'Long Zone,' and from...
📌 Trading Instrument: 📌 🔶 BTC Dominance (BTC.D) 🔶 📝 Detailed Market Overview: 📝 Bitcoin Dominance has reached an extremely bullish zone, nearing parabolic levels. Historically, such parabolic moves are often followed by a strong and fast correction. Currently, BTC.D is showing signs of bearish divergence, making it difficult to invalidate this signal....
Bitcoin BTC is on the move. BTC is trending to $65,000. Keep and eye on MSTR, COIN, MARA, IBIT, GBTC, WULF, HOOD, etc...
After 7.5 months of what what amounts to a HTF bullflag pattern, seemingly endless chop, bitcoin looks like it's finally breaking out above and continuing the Bullrun. This post doesn't need to be overly complicated, there are a few key factors on what is happening: - Bullish continuation, a bull flag pattern is just that, after a strong rally the corrective...
Bitcoin - ATH is COMING! 2 entry ideas 1st - price create local value around 66k -67k 2nd - bigger SL hunt happens and good entry appears at 64k area
H ello, BTC has been in accumulation since spring this year. The white dotted lines show the accumulation curves. There are multiple cycles, each with a pump and a dump arm. The cycles might be different in size, but they share the green bottom support zone where large investors prefer to buy. Bitcoin has a bullish cross signal from the MACD indicator at the...
Chart Overview Timeframe: 4-hour (Binance Exchange) Price as of Analysis: $0.01346 Volume: 3.744 million ONE Formation: Falling Wedge pattern Chart Patterns and Indicators: Falling Wedge: A falling wedge pattern is typically a bullish reversal pattern, indicating that the current downward trend is weakening and a potential breakout to the upside could...
🔍 Technical analysis: Ascending corner pattern - 1D - In the analysis presented in the previous post , in the 4H time frame according to the direction of movement, after the short-term ascending channel was broken, a correction was encountered, which continued until the correction range of $217. - Demand was met in the range of $217, which has continued...
This is not the first time we make a case for October being the start of an aggressive rally for Bitcoin (BTCUSD) and lately we have presented you the evidence on the long-term 1W time-frame. This time we want to focus on the 1D chart, where a more detailed analysis can be made on the fractals that lead to this rally. It was the very same pattern that helped us...
Bitcoin is currently consolidating within an ascending triangle pattern, indicating potential bullish momentum. The price action suggests an attempt to break a crucial horizontal supply zone, which could act as a crucial hurdle for further gains. The formation of an ascending triangle is typically a bullish continuation pattern, indicating the possibility of an...