Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout. The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances...
Bullish idea on BTC where I think we are in wave 2 of wave 3, a correction to around the 0.382 - 0.5 - 0.618 level before starting wave 3 of 3 towards $70,000 Idea invalidated if price falls below $57,472 (wave 2 crossing start of wave 1)
Nice price action for BTC. So is it finally going to confirm the pump by a nice bullish flag? DISCLAIMER: I'm not a financial adviser and this is not a financial advise. Remember, most traders lose money.
Last week, the Federal Reserve kicked off the rate-cutting era with a hawkish 50 basis point cut. Although the CME had previously predicted a high probability of a 50bp rate cut, the fact that only one committee member voted for a 25bp cut while all others opted for 50bp was beyond market expectations. Following the announcement, almost all financial assets,...
My long Position in TURBOUSDT Targets and SL are mention Follow the Risk Management
Yello, Paradisers! Did you catch #BTCUSDT's bounce from that double bottom support? If not, you might be missing out on the start of a major trend reversal! Here’s what you need to know right now before it's too late. 💎#Bitcoin has bounced back from the double bottom support band, forming a strong bottoming structure that often signals the beginning of a trend...
Technical analysis and trading plan for Bitcoin (BTC/USDT) by Blaž Fabjan Bullish Pennant Formation: The chart shows a bullish pennant pattern, which typically indicates a continuation of the prior upward trend. This suggests that once the consolidation within the pennant breaks to the upside, there could be a further rally. Support and Resistance...
Ihave arbitrarily placed the measured move line for the bullflag breakout in the month of October but there’s always a chance it stays in the flag longer than that, in which case the measured move line would get moved over to the right and slightly lower each time it does. If it breaks up by october and validates that breakout the measured move target will be...
This strategy combines the Relative Strength Index (RSI), Exponential Moving Average (EMA), and Volume Weighted Moving Average (VWMA) to create buy and sell signals, along with a profit target, for cryptocurrency trading. It is specifically designed for use with Cryptohopper through webhook alerts. How It Works: Buy Signal: A buy signal is triggered when the RSI...
The recent 4-hour BTC/USDT chart update shows that Bitcoin attempts to break the downward trendline resistance of around $64,000. However, the projection indicates a downward move, potentially pushing the price toward the support zone near $50,500, which aligns with the lower green trendline. This suggests that Bitcoin may face selling pressure after failing to...
I'm in long position with JUPUSDT Targets and SL are mentions Follow the Risk Management
Since the March Top, Bitcoin hasn't broken any previous Lower High Resistance. Resistance A has rejected any breakout attempt each and every time. Bitcoin is at the moment testing the latest Resistance A level and if broken, we will have the first long term bullish break out signal in months. The August-September price action looks like the January-February...
#Bitcoin Dominance Analysis BTC.D is exactly rejecting the main resistance (58.60%). Breakdown from this level , will create a massive pump in #Altscoin Mega #BullSeason Loading
Overview: The AMEX:SPY closed higher last week, but Thursday’s candlestick pattern resembles a bearish abandoned baby. What’s more concerning is the weekly chart showing a bearish MACD divergence—while the price keeps hitting all-time highs, both the MACD and signal lines are trending lower. Has this divergence played out already, as seen in the first week of...
Last weeks high: $64,141.61 Last weeks low: $57,492.86 Midpoint: $60,817.24 Pattern continuation for Bitcoin from the week that came before last, steady and constant move up +11.55% from week low to high. The FOMC was the big talking point of the week, would the FED cut 25bps or 50bps, the answer was 50bps with a view to stay ahead of the curve. Making the rate...
1D timeframe: The daily chart shows a broad downward trendline forming resistance around $64,000. There is also a projection going downwards to the $51,000-$52,000 support area, which aligns with the green trendline on the chart. This suggests that after this resistance, Bitcoin could experience a more significant correction towards lower support levels. These...
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BTC is now tapping on old resistance that now is know as a support, sellers pressures are so soft and i think candles are showing oversold shows taht signals us a bullish move is on the way