Despite Bitcoin's impressive 50% rise this year, the past six months have been challenging for investors. After the much-anticipated halving event in April, many expected a substantial surge in Bitcoin's price. However, since then, the cryptocurrency’s value has remained relatively stagnant, currently hovering around $68,600. This situation leaves investors at a...
It has been a long wait for the retracement to happen. And it is testing everyone's patient.
Hey there, Just wanted to share an update on Bitcoin. Since March 2024, it has been trading within a 30% range, showing significant consolidation. I'm leaning bullish because Bitcoin has left a lot of untouched liquidity behind, and I believe it's only a matter of time before we break the all-time high. If you've been trading the long side swings, you've likely...
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Bitcoin continued to gain yesterday. In our alternative scenario, we expect a direct break above the resistance at $73,808. However, in our primary outlook, we anticipate a further downward move. Ideally, the orange wave iv should reach its low near the 50% retracement level, around $47,000.
1d: we observe the formation of a local upward oof under the upper boundary of the global accumulation. I would like to see a continuation of the order flow with a target of a key high and a return to accumulation higher.
Fundamental Analysis: JUP is the top DeFi project on the Solana chain. It’s a strong project and one of my favorite DeFi projects in all of crypto. I have confidence in their team and vision. Recently, we’ve seen strong momentum in JUP alongside SOL's bullish movement. Technical Analysis: The price is coming from the monthly demand zone. The weekly demand zone...
MSTU provides 2X on MSTR which invented the BTC-on-balance-sheet strategy. MSTR has been providing approx > 4X on Bitcoin movements (up and down). This means MSTU is providing > 8% X on BTC by % movements. Today, 10/24/24, when BTC went up 1.93% MSTU went up approx 21% Long Call options on MSTU further amplify this multiplier effect. Not financial advice,...
As promised here is my interpretation of the Bitcoin chart using Elliot wave analysis. The flag breakout is very close to the final confirmation with a break above 69400. We completed a first 1 - 2 setup at the 6th of September. The most likely case is, that we are in the third wave now, leading towards 80k, with a final target for this cycle around 88k. If BTC...
BINANCE:BTCUSDT After the correction, the price remained under the resistance level and is now testing it. Probably the decline is not over yet, but for further organic growth, it is necessary to correct even lower to form a reversal pattern. Also, don't forget that there are a lot of stops placed at the top, which can be broken. But for now I am sticking...
Good morning Trading family So I created this video to figure out where we are currently at in Bitcoin in price but as well what levels can Bitcoin reach currently and what happens if Bitcoin reverses with the Bears I try to go into full depth to give you some levels to look for to help you mark out good entry or short positions if you are shorting Bitcoin If...
Market Context: AR is holding above a critical level with low volatility, suggesting a potential expansion soon. This offers a good entry opportunity. Trade Setup: Entry: Around $18 Take Profit: First target: $24 Second target: $30 Stop Loss: Below $16.5 This trade is positioned for potential breakout and expansion. #AR #Crypto #Trading #Volatility
Overview: The AMEX:SPY saw a healthy pullback of 0.9%, with a long wick touching levels last observed on September 26th. The index trended downward from the start of the trading session but rebounded sharply in the last two hours, doubling the volume seen earlier in the day. This surge formed a hammer candle—a bullish indicator, particularly when accompanied by...
If 70 will be rejected here we have next bearish targets.
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (Futures) (1h) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 67992.80 ⭕️SL @ 69331.46 🔵TP1 @ 65151.64 🔵TP2 @ 63002.58 🔵TP3 @ 60532.69 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
BTC/USDT Technical Analysis Intraday Date: 10/24/2024 Author: Crypto Rado ( Rhino Aka Bear ) Timeframe: 1H & 15M 🔹 Overview:🔹 After completing the fifth wave in the Elliott Wave count, Bitcoin made a significant breakout of the green trendline. This move was followed by a bounce, confirmed with a bullish divergence on the 1H timeframe. The price reached the...
Bitcoin's price has slightly increased to around $67,312.72 after facing resistance near the $72,000 level. Despite the minor retracement, the bullish structure remains intact, with strong support around the $64,000 to $65,000 range. The chart suggests a consolidation phase near current levels, with a potential bullish breakout if the price moves past the...
#bitcoin bull flag breakout complete and being retested!