Hello TradingView Family / Fellow Traders, 📍Following my last BTC Monthly log view analysis on November 11, 2022 , we anticipated the bulls taking control after rejecting the lower green trendline and horizontal support. Currently BTC is approaching its all-time high! What's Next? 📈 If the current all-time high (highlighted in red) is surpassed, we...
1d: we see an upward off and a target in the form of a key zone and a high. At the moment we are getting reaction from weekly imbalance buyer, for confirmation I want to see structure change at 1h and entry pattern formation. Observe risk management !
📌BTC Market Analysis📌 Overview: The current BTC market is showing mixed signals, indicating potential for both bullish and bearish scenarios depending on key resistance and support levels. The analysis focuses on a WXY correction pattern on the larger timeframes and a potential bullish continuation on the shorter ones. Here’s a detailed breakdown of the potential...
Bitcoin/USD Analysis Update 🪙📉 In our previous outlook, we emphasized the importance of waiting for a clear directional move. Today, we witnessed a breakdown of the bullish trendline that had been holding for the last 24 days, signaling a potential start of a larger bearish structure. I took advantage of the initial breakdown with a quick short trade and am now...
Currently, we are in a zone of uncertainty ⚠️. If BTC loses the blue horizontal line, it will signal a breakdown and likely lead to a drop into the 58,400 - 57,700 range 📉. 🔸 The main resistance is the light blue diagonal trendline, which has been acting as resistance since the drop from 66,100 USD. If this diagonal trendline is broken, the next target...
📉 BTC/USDT Daily Update 03.10.2024 📝 Market Overview 📝 Currently, Bitcoin is trading in a choppy market structure. The price has been fluctuating between a diagonal trendline, which has served as support over the past four days. Each time BTC tests this level, it faces rejection; however, the resistance is gradually diminishing due to the downward sloping...
📌 Trading Instrument: 📌 🔶 BTC/USDT 🔶 📝 Detailed Market Overview: 📝 Bitcoin has finally reached a key confluence zone around the 0.61-0.65 Fibonacci retracement levels. At the moment, BTC is showing signs of bearish divergence on the 1-hour timeframe, and a similar pattern is forming on the 4-hour timeframe. Such divergences are typically seen at the end of...
🔍 Current Market Overview: Bitcoin is approaching a critical juncture! 🔥 After the recent movements, we’ve seen a significant bounce 📈 following the completion of a 5-wave impulsive move to the downside. This has been confirmed through bullish divergences across multiple timeframes (4H, 1H, and 15M). The bounce brought us up to the 0.5 Fibonacci retracement level...
My expectation on BTC on 4hrs TF is to see see a pump to the bearish OB above and dump to the bullish OB below Follow for market update
As you can see, BTC has created Broadening wedge and is also located in the Megaphone , which means that if it breaks, we expect the price to reach the top of the Megaphone . ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
Bitcoin failed to go beyond 63.800 so the price may fluctuate around $60.000 In addition, the bearish wedge shown in the chart can be a negative signal. Recently analysis (Daily) And (weekly) and ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _...
Bitcoin’s 4H chart shows a potential bullish continuation after a healthy retracement. The market has pulled back into a key support zone, providing an opportunity to enter this trade with a favorable risk-to-reward ratio. The setup aligns well with the optimism surrounding the month of October, often referred to as “UPtober,” where historical data has shown...
There are a couple of setups to be developed. Current trend indicating potential long setup to first "line" or even short zone. Waiting for nice candle to confirm the idea. And from the line or short zone obviously sell setup. Waiting for a Bearish HTF closure. INVALIDATION = If we print strong bullish HTF candle, then I will let long setup ride. Will take...
Today we want to share with you our observations and thoughts on how the total capitalization of the crypto market can grow in the future. You have probably already noticed that in all markets the history of market participants' behavior and, accordingly, asset prices is cyclical. The cryptocurrency market is no exception. Here is a global chart of the total...
🔍 Technical analysis: Suspect an inverted head and shoulders pattern - In the analysis presented in the 12-hour time frame, it was mentioned that in case of selling pressure in the range of $25, the correction will continue until the Fibo range of 1.618 in the range of $18.75. - It is currently moving in an ascending channel. - It has faced selling...
Technical Analysis of Bitcoin (BTC) on the Chart by Blaž Fabjan Falling Wedge Continuation Pattern The falling wedge is a bullish continuation pattern, often indicating a potential upward breakout after a period of consolidation. Resistance and Support Lines: The chart shows a clear resistance line sloping downward and a support line also trending...
Looks like a large wedge may be forming on BTC, a "Starting Wedge" in Elliott Wave terms for Wave 1
This one is a low risk - high reward potential for a long-term, equity growth investment. Considering the future of Ai within the crypto space & blockchain and in general, market growth of Ai to reach trillions of $$$ in the next few years or sooner, the overall growth and future potential integration of Ai within the ecosystem of ICP can help elevate the overall...