While Bitcoin hovers slightly below $35,000, the volume continues to decline, suggesting a decreasing interest among buyers near the current price tags. Consequently, we remain very vigilant and monitor the situation. On the daily chart, RSI is approaching 70 points; if it breaks below this level, it will bolster the odds for a trend reversal. In addition to that,...
Bitcoin (BTCUSD) has almost hit 37k today, and is getting closed to the 0.618 Fibonacci retracement level (39300), which is a key level for the Bull Cycle. We may be seeing a temporary Top for the market on what can be the start of a few months of sideways trading/ consolidation before the price starts rising again towards Halving 4 (April 2024).
The reasoning...
seems like coti has already bottomed out and finally looks juicy for midterm
breaking falling wedge in 3 days timeframe expecting successful breakout incase of successful breakout expecting solid recovery towards 0.20$ in midterm
keep eyes on that and keep risk under control
hi friends. We have strong bullish accumulation + 1300 btc was purchased from bulls closing (when 4H candle was downward so we re-buy them). Target for bulls 36800 - 37000 and maybe upper ... follow me and have a good trades :)
Thanks for reading this update.
Depending on our last study a new hype is about to start for SHUSHI, this study is made depending on the latest trends of this coin.
We expect to see soon a break up of $1.63 with a building trend up $2
This coin has a maximum supply and increase in holders and volume, and some interesting things are going on with this coin.
When...
dYdX is a DEX (decentralized exchange) which related to Binance. It doesn't grow to much such as Solana, Link and other "old" altcoins, so it means that dYdX has a great potential to grow.
Its cap ($300M) is to low for such type of project and bull market will show it!
The middle and bottom of the channel is a areas where you should consider long or spot...
Above the 200 MA is always a uptrend and below the 200MA is always a down trend, coming down to the white support line makes sense which is around the $33500 level followed by a nice move to the upside. Keep in mind 164 days till the bitcoin halving are you excited?
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local downtrend line.
After unfolding the Fib Retracement grid, you can see that the price maintains support at $35,244, then we have a strong zone from $34,513 to $34,124, which protects us from falling to the support level of...
LUNC has been massively shorted over the last year, and with good reason, since the token is practically dead.
However, this amount of shorting poses a risk for the bears. If we get more bullish price action in the near future, the amount of shorts being squeezed (liquidated) could result in a huge bullish move upwards. For now it's just speculation, but it's...
#Dcrusdt
#Dcr
#Longposition
#Profit
#Profitable
#Btc
#Usdt
Based On Market Structure We Conduct A Long Position From This Liquidity Levels
Entry: 13.11 - 12.92
Take Profit: 16.09
Stop Loss: 12.67
Advisor Legal:
Recommend Capital Allocation:
Open P&L: 1.39
Risk/ Ratio: 6.48
#Decred #DCR #DCRUSDT #cryptotrading #longposition
Decred (DCR) Technical...
Bitcoin is reahich my targets but still has the potential to grow.
Most of altcoins already pumped, but I still have more to recommend.
RNDR +88%
XRP +50%
SOL +80%
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Today I want to consider the vigorously gaining momentum PNT which has repeatedly brought a profit of 50-100%. At the moment, there is an exit from the triangle and a downward medium-term trend with the consolidation of the bullish trend on the indicators on the day. Usually, the goal of exiting the triangle from the third wave is to surpass the first wave (0.25...
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(BTCUSDT chart)
The key is whether it can receive support and rise around 34110.32-34786.17.
If it rises, we need to check whether it can rise above 37253.81-38531.90.
This is because the...
Each of these BTC/SPX tops tend to end that way. However, the last 2 years we spent in a bear market, so maybe the pattern stops here.
Anyway, I don't see BTC climax until 2025, more consolidation is needed, and this is the most logical setup to cool down a bit.
