This is a trend line more often shown on the logarithmic chart but here it is on the non log curve upwards lows along the trend line
PEPE has been losing a lot of value after the initial listing on Binance. However, there might be some good news for the bulls in the near future. Seeing that falling wedges are bullish reversal patterns, a break out from this pattern might be the signal where bulls are waiting for in order to step back into PEPE. With a bullish/neutral BTC, this token can fly...
ARB has been trading inside this bearish channel for a couple of months now. I'm expecting the top resistance to hold yet again, making it a great area for a potential short entry. Ideally, we wait for the RSI to be overbought on the daily and make an entry around the key area of 1$.
A large falling wedge structure which is a bullish structure This will be a break out of a larger long term structure that the falling wedge is encompassed in The structure on the Weekly is quite flat, we might see Uptober for bitcoin and altcoins.
Comparing the upward trend of Bitcoin, in the short term, it is more like the upward trend when the bull market started in 2020. The golden line is the trend direction, the vertical line is the cycle, and the trend line is the target level.
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ On the Bitcoin chart, the situation is as follows: the price is pushing up the channel again, and I think that the opening of next week will be a breakout of the $27,500-$28,000 pattern, maybe we’ll even update the High. If Bitcoin goes...
seems like reef has already bottomed out and getting ready for massive bullish rally over all in downtrend since 2021 now formed and breaking falling wedge in 3 days tf while rsi printed massive bullish divergence incase of successful breakout of falling wedge expecting 300 to 320% bullish wave in midterm
Well, let's go and give an update. So far, in all the areas that we said, thank God, there has been a response, and where there is a problem, we have moved forward with Long. First, I am waiting for one or two shaving candles in one hour to see if it can be given or not The goals, as we said, are the lines and moving towards the box in the best case
BTCUSDT confirmed a bullish breakout on the trend line formed which is possibly looking for a decent rally towards the most recent swing high formed close to $30k. Here we see the price has created a strong support level at FWB:25K which is efficiently picking up more buying pressure which can push the prices back up towards the $30k high.
bare minimum 3.618 pump from cycle to cycle. Linked my other views on the coin. Check it out! NFA do your own DD
REN is looking great on the 1hr chart. Peeking it’s head out the A-tri, would like to see a 1-4hr close above the trend line & preferably a backtest for confirmation
Let's take a look at how Bitcoin's performance in September month. September is considered worst month for bitcoin. 2011: -39.75% 🔴 2012: +20.28% 🟢 2013: -1.37% 🔴 2014: -18.36% 🔴 2015: +2.76% 🟢 2016: +6.57% 🟢 2017: -8.62% 🔴 2018: -5.98% 🔴 2019: -13.51% 🔴 2020: -7.52% 🔴 2021: -7.04% 🔴 2022: -3.16% 🔴 2023: +4.11% 🟢 ⌛ Whenever September month closed in green, we...
Only publishing so those on X can follow along with the PA. Follow me there @CryptoTrader_K
Every day the BTC chart begins to tell a story that only gets clearer by the day. When rich men have goods to sell they advertise and when assets have been distributed into primarily the hands of the public the public runs out of money and begins to sell. Given what I see on these charts I find it no coincidence that the richest institutions are magically...
Up until now, every Cycle top for Bitcoin has been defined by a constact, the number 5.3. The new market top is derived by the previous market top percentage divided by 5.3 (constant). The last market top % was roughly +2200%, which devided by 5.3 gives us +415%. That gives us a market top estimate at $81000 for the current Cycle. Is this Golden rule good...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) DXY rose above 106.416. Accordingly, I think the possibility that the investment market will enter a recession has increased. (USDT chart) (USDC chart) I think that USDC must...
In this analysis I want to shed some light on an interesting relationship between Bitcoin and Gold. It's not a relationship that you can use in your day-to-day trading activities, but it can clearly be used to spot long-term areas of support and resistance. As seen on the chart, the yellow area (which was established at the 2017 top) has offered support during...
Here's a companion chart to the recent DXY comparison chart posted.