Overview: The VANTAGE:SP500 closed the second week of September with a strong green candle, completely retracing the previous week's red candle. The precision of this price action is impressive: the 1st week's open was at 5623, and the 2nd week's close was at 5626. The 1st week's close was at 5408, and the 2nd week's low was 5406. So, is this a bearish or...
Bitcoin is stationed in an inefficiency zone but with a lot of strength. It undoubtedly had a bullish week, and naturally, after a bullish run, the price needs to take a pause or rest. What better place than our historical zone, which we've marked as an inefficiency zone on the 1-day chart. Yes, Bitcoin still has a bit more to climb to see the breakout that I've...
Alright, on the 4-hour chart from 2 days ago, Bitcoin was hitting strong resistance at $60,800 and couldn’t break through. The crucial support level is now $58,100, which Bitcoin needs to hold to bounce back up if it fails. We're heading down, folks, and you can see it on the charts. Please hit that like button (or is it the boost button?). Have a great day!
Bitcoin (BTC/USD) is falling towards the pivot and could bounce to the pullback resistance. Pivot: 57,892.65 1st Support: 56,602.15 1st Resistance: 61,135.75 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors,...
Referring to previous post: We could deem that BTC did not closed above Weekly EMA 21 and follow the restriction movement in the Rising Wedge. Refer to the previous link at the Update section 'chart of 4H' against today's result 'chart of 4H'. Before: After:
In this video, we dive deep into the current bearish market structure Focusing also on ETH/BTC and Bitcoin Dominance (BTC.D). Understanding these key indicators is crucial for gauging the broader market trend and positioning yourself for potential moves ahead. We’ll start by breaking down ETH/BTC, analyzing the weakness in Ethereum’s price action relative to...
It is completing the second shoulder and expectations and attention are focused on the decisions of the Federal Reserve this week, the price is located in a very sensitive area and can lead to a parabolic rally. Remember that you should never fall into a trap, even if everything works in the opposite direction, you should not be afraid, and now is the time when...
Bitcoin has rallied off the 53K support area as anticipated (read my previous article). I even explained my dollar cost averaging strategy particularly for this situation in my previous stream. If 60K is cleared, the next resistance is 64K. The current momentum is now bullish which can be confirmed by the higher low pin bar over the previous week (see arrow)....
Bitcoin has been hovering near the $59,800 level, showing mixed signals across both the 1H and 4H charts. With the broader market awaiting a potential breakout towards the end of September, technicals reflect a market in consolidation mode, but with growing signals of a possible shift in momentum. 1H Chart Breakdown: Weak Momentum Continues On the 1-hour...
"$15k to $74k"...In this bitcoin rally, market dumped total 5 times 📉 But every time the CRYPTOCAP:USDT market cap is just going UP📈 Whales are pumping market by buying every dip🚀 After touching $74K, btc price dumped -32% but USDT Market cap pumped almost +16% It indicates that usdt is printed daily to buy the dips! pbs.twimg.com _ 2017 : USDT MCAP...
Bitcoin broke channel - for rise price should create value and hold it in a video i shared with you 2 best examples where to take new LONG trades and scalp short
WLD - Open interest increased by 30% - big MOve is coming! Best place for a trade is local VAL as i shared on BTC example
16:00 uts 0 time, there will be a strong decline, into the zone I have indicated.
After four months of sideways accumulation and holding strong above 0,003$ TURBO is poised to face the next leg up. Considering that the Ethereum meme ecosystem is constantly growing and - chartwise - ETH is making higher highs and higher lows over the last two years riding towards new all-time-high this could play out very well in the future. Historically,...
- Throughout history, the ratio for length to width of rectangles of 1.61803 39887 49894 84820 has been considered the most pleasing to the eye. - This ratio was named the golden ratio by the Greeks. - In the world of mathematics, the numeric value is called "phi", named for the Greek sculptor Phidias. - Everything is in chart. Happy Tr4Ding !
Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently...
As we approach the quarter change, I want to review the market situation once again. September is seasonally a month of sales, but at the end of August, the bulls did not show activity with a hike to 3000, allowing the price to slide to work out bearish goals at the 2000 retest. The signals for the 3000+ rest remained unprocessed. The picture is similar to a game...
GM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 51. BTC made a slight correction last night to the 59K area. The next big possibility is still 61K - 62K. Today's market update is mostly the same as yesterday. As always, the market is dynamic; don’t be FOMO. Stay safe, keep calm, and remember anything can happen in the...