If you long what is the resistance? 29k has potential… everyone talks of shorting good luck
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this important BTC update. BTC is ranging between FWB:25K -$30k for more than 200 days and currently, it is trading around $26.7k level. Now, one of the biggest questions in everyone's mind is where we are heading after these 2 years of the bear market. I'll...
Following patterns Gann about to cross a critical point still in a possible uptrend… zoom in zoom out good luck
1. SL 25500 You can predict short-term LONG until SL is reached. 2. However, I think it is difficult to expect a significant decline once the downward retracement point of 0.618 is reached. 3. So, at the resistance box, I'm going to enter Short. -translated by Google Translator
US consumer price index (CPI) remains sticky: CPI data released on Thursday did not show a further cooling in inflation in the US economy, further muddying the Fed’s decision making on the future interest rate path. Federal Reserve unable to reach a firm decision on interest rate hikes: Minutes from the Fed’s last meeting show wavering opinions on interest...
ICP fell by -99.8% after the listing! I condole with its investors. But the downward movement is fading, which is good, because in such conditions, the accumulation phase usually begins. ICP still has $1.5B of capitalization and lots of developers work on it. 💥I'm pretty sure ICP will show it's potential dugring Bitcoin bull market. like❤️ and follow Check the...
EOS fell by -97% from highs and now its going to break the 500 days wedge. The crypto market feels like dead and I don't know better time to take a look on altcoins and Bitcoin for the long term. The targets are on the chart. 💥 BTW one more shake out is still possible. But will we see it? This is a big question. like❤️ and follow Check the links and get a...
Testing the green box by BTC will be a buying opportunity. Take your risk, make some profit !
Dear Followers As an analyst I always watch the market and take a notes I would like to share one of my theorys today I did notice this pattern did happen before throw the last few years I call it the The clearance it did happen before when the market was about to move strongly toward a new direction and for making sure it will face a weak resistance the...
After trading relatively bullish for nearly a month, the bears are back in the game on the BTC chart. The diagonal purple support has failed and the bears have pushed through. Most important thing of the break out has been the retest of the support as resistance, which nearly always confirms the change in direction. I'm waiting for BTC to fall through the local...
Bitcoin (BTCUSD) tends to repeat its historic patterns. Not always in the exact same way but some principles remain. Since March 2023 we see a consolidation/ accumulation pattern which in our opinion draws comparisons with April - June 2020. A Falling Wedge gave way to an aggressive break-out that formed an arc top, which then declined again below the 1D MA50...
Bitcoin is displaying some intriguing price action. After rebounding from the resistance line (from September consolidation) at $26,600, it's headed towards a key resistance at $27,300. Current Price: $26,900 Key Support: $26,600 Key Resistance: $27,300 Bearish Below: $26,000 🚀 Potential Upside: If Bitcoin conquers the $27,300 level, we could see...
CRYPTOCAP:RUNE Technical Analysis #RUNE is attempting to break past key resistance at $1.70 If this level is cleared, we could see a move towards $2 next But rejection here would put $1.60 back to the test Always wait for confirmation before entering any trades! Let me know your thoughts on #RUNE below. But remember to trade responsibly, have a plan, and...
⚫️ We should always look for reversal patterns at the bottom and ceiling of ascending or descending trends. Here, Bitcoin failed to form a lower bottom, on the other hand, there is a possibility of forming a twin bottom pattern. 🔴 It is too early to comment on this pattern, but the possibility of a one percent growth for Bitcoin is not far from expected, and...
Bitcoin / BTCUSD pulled back inside its Channel Up. Even though the 1day MA50 is drawing the attention of most as got hit and is holding, it may be another trend line that will save the day for BTC. The Former Falling Resistance since July 13th is right underneath and the markets oftern test previous Resistance levels when broken. In that process, they become...
Hello, everyone! Today we consider the worst scenario for Bitcoin. I see now a lot of beautiful pictires that BTC have to reach 35k, 40k, 48k, or even 60k. You cannot just imagine, that supporting such analysis you just want to bury the cryptomarket. Let me to explain my point of view. Now my the most likely scenario is reaching FWB:12K and then the bull...
Bitcoin - 24h expiry - We look to Sell a break of 26478 (stop at 26878) There is no clear indication that the downward move is coming to an end. A break of yesterdays low would confirm bearish momentum. Our bespoke support of 27250 has been clearly broken. We look for losses to be extended today. The lack of interest is a concern for bulls. Our profit...
On October 12, 2023, Bitcoin's price hovers around $26,663. The 1-hour chart shows a pullback from the recent attempt to cross the $28,000 level. Here are the key prices and possible scenarios: Most Probable Scenario: The 1-hour chart shows a short-term bearish trend as Bitcoin steps back from its recent highs. The Fibonacci Retracement points to a support...