Hello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the local upward trend channel in which the BTC price is moving at the upper limit.
To check where we are, we will use the Fib Retracement tool. And here a strong resistance zone should be marked,...
Last weeks high: $38156.9
Last weeks low: $36342.2
Midpoint: $34527.4
Bitcoin continues it's strong march towards 40k with another week of positive price action. Last week we had a bit of a flush out, mainly to liquidate some late longs and hit a few stop losses which is necessary to reset margin traders and is healthy for the market.
For now I think the...
Method : Fractal Geometry Research
White Line : BTC.D Chart
Purple Line : Geometry fractal predictions
Observing historical data from the smallest particle frame to larger time frames using fractal and Fibonacci, methods are very suitable for investors, spot traders, long-term or swing trades.
!However, it's not suitable for scalping, short-term, or future...
BITCOIN UPDATE
you can see we broke out and topped out at $37972 we are now coming down to a strong diagonal support level which is the white dashed line, if that fails to hold the next support level is the red support line followed by the 5D 200MA on the daily time frame!
The ETF approval news will really help pump the market for Bitcoin, there is a window open...
This region is important support zone for #btcusd in STF.
A bounce is expected, but breaking down this support means minor correction.
NOT FINANCIAL ADVICE.
** ETF anticipation **
Bitcoin (BTCUSD) is rising against the majority's sentiment, which is something it does more often than not, fueled of course on a large degree by the heavy speculation over the SEC's Bitcoin ETF decision. Fundamentally, an approval can certainly cause another leg upwards based on euphoria, before the effect recedes as we move towards...
Bitcoin's long-term price action is following many patterns, one of them is seen on the Monthly RSI.
As seen on the chart, the monthly RSI is following a very clear channel in which is oscillates. Bitcoin tops at the top of the channel and Bitcoin bottoms at the bottom of the channel. Trading this pattern has resulted in traders buying the general bottom and the...
Morning folks,
So, 3-Drive "Sell" has reached potential reversal point. What do we have now? DXY shows bullish weekly grabber, suggesting return back to 107.5 top, yields are raising. On daily BTC we have bearish grabbers, suggesting downside action, and here - 3-Drive "Sell".
This combination tells, that if even you want to buy BTC - it would be better to...
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC looks good here. Forming upsloping flag-like structure and currently, retesting the flag. After this successful retest, we might see another leg to the upside which is targeted to the $40k- FWB:42K level.
Invalidation:- 4hr close...
seems like bar has already bottomed out and finally preparing for massive bullish rally
breaking falling wedge while printed bullish divergence in rsi expecting successful breakout soon and incase of successful breakout expecting solid recovery in midterm
incase of successful breakout expecting move towards 7 to 8$
AMP has broke out of a falling wedge on the weekly chart. I expect this one to move up at least 130% to 0.005 and possibly higher. Looking great so far keep an eye out on this one
Status of Solana/Tether (SOLT)
As of 2:28 AM EST on November 12, 2023, the status of Solana/Tether (SOLT) is currently improving. The price of the currency has reached $57.004, which is up 1.18% from the previous day. However, this price increase may be temporary and the price of the currency could decline if demand decreases.
If the price of the currency...
Here's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Bitcoin has pushed into the 37K resistance and has yet to produce a meaningful pullback on the daily time frame (see my recent articles). There is another momentum continuation pattern that has yet to confirm on the daily time frame now (inside bars). Upon a break of 37,500K a new long signal will be in effect which can lead to a test of the 40K resistance.
For...
Doge coin, illustrating harmonic patterns for 3 scenarios... Bulls, Stale mate, and Bears.
Since DOGE is the coin of love... I vote we go for a rRun Boy!
:)
These are some of the harmonic projections that match the current arguments, from my perspective.
on the 4hr analysis here, I see 3 of 4 obvious matches bearish.
the bullish one is fairly flat.
good luck!
Hello everyone, let's take a look at the BTC to USDT chart for one hour. As you can see, the price is struggling to maintain the downtrend line.
After unfolding the Trend based fib extension grid, you can see a strong support zone from the level of $37,011 to the level of $36,673, with a larger decline, the price should have support at the level of...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin is now in local accumulation, there have already been shots towards the take and I think that the situation may repeat itself.
Deal plan:
Entrance - $415/405
Stop - $358
Take - $507
Attention! We observe risks because the coin...
