Given market conditions, selling now is illogical. Price is dominated by triangles. Accumulation time is necessary and it is important that the price does not fall below the global ascending channel. The denouement of this act will occur before the end of the year. Just stretch Fibonacci grid to see how curiously the Fibonacci correction coincides with breakout...
All time highs across the board. Shattered dreams inbound. This is a weekly chart of BTC.D It appears dominance may be finding a potential bottom near the .786 region. I will be monitoring this over the coming months on the weekly and daily time frames.
In this analysis I want to talk about Bitcoin's bearish triangle pattern that has been unfolding itself over the last few weeks. I'm not sure whether BTC still has a bullish move in it, but when it does, we are ready. As always with trading, it's a matter of > . If Bitcoin decides to move up, we will enter a short from the top resistance which has...
Bitcoin / BTCUSD is testing the Falling Resistance today, slightly over the 1day MA50 and under the 1day MA200. This is a key Resistance cluster, which if broken opens the way to a potential massive price rise. A similar test of the respective Falling Resistance took place on June 20th, again on the 1day MA50. When broken the price reached Resistance Zone A....
Bearish divergence spotted on BTC 4H chart against the RSI.
As the market cools off the magical question is when will it end. BTC has been in a down trend for over two months and sideways for even longer. IF we consider how far price has retraced since its 15...k bottom so far we have only retrace 1/3 of the swing to the upside. With that said at each stop along the way down price will rally and each rally has the...
I've been fairly bearish since BTC failed to break through the top resistance of the channel a couple of weeks ago. However, BTC's price action this week seems promising at the very least, so we have to consider different outcomes at the very least. My anticipation for the coming week is that we're going to retest the top purple resistance. We will get some...
The parallel channel of the Bitcoin BTC epic box runs in the gold line box, and finally you can see the area above the pink box
Greetings, TradingView Family! This is Richard, also known as theSignalyst. As per my last BTC daily timeframe analysis, BTC rejected the 25,000 support and traded higher. 📈 For the bulls to remain in control , it's crucial for BTC to surpass the orange trendline and 28,000 minor resistance. If this occurs, we can expect further upward momentum toward the 30,000...
BTC, Key liquidity is at 28k - we can take it before hit 24k watch full update
Bitcoin (BTCUSD) is about to test a major Resistance cluster, the Lower Highs trend-line from the Cycle's 2nd High and the 1W MA100 (green trend-line). The latter was the Resistance level that stopped the rally in July. The price has been essentially consolidating sideways within the 1W MA100 and 1W MA50 (blue trend-line) since. The former (Lower Highs) is the...
Should test the falling parallel trend line at around $45. Block is a payment company, owns cash app. Its tied to bitcoin price. It will reverse when BTC reverses. When Bitcoin up/down, Block up/down too.
Bitcoin broke a strong daily resistance. Retesting that the price formed a horizontal range on a 4H. The resistance of the range was also broken yesterday. I bought the market on a retest. Goals: 27500 / 28000 ❤️Please, support my work with like, thank you!❤️
These technical data points can be extremely powerful Its not a holy alert and can change in time too as the current monthly candle has not yet closed. That said the current data offers an interesting bit of potential and very worthy of getting a technical alert on. When price is able to recover and reverse then the follow thru can be fast Failed moves fail...
On a macro level, the FOMC will be held on Wednesday, and the market currently believes that the probability that the Fed will not raise interest rates this month is close to 100%. Therefore, the FOMC will have little impact on the market. However, our research has observed a rebound in U.S. gasoline and diesel prices due to the impact of previous OPEC production...
Hello, Welcome to this analysis about the DXY US-Dollar Currency Index and the 4-hour timeframe perspectives. In recent times the Index is forming important developments that should not be underestimated as inflation pressures on fiat and there is an inflation rate never seen since more than 35 years the DXY is setting up for a dump to the downside. Looking at...
Bitcoin BTC recently embarked on a robust bullish surge over the past week, although it subsequently exhibited a loss of momentum, leading to a period of sideways trading. This pattern was followed by an abrupt upward spike that breached the existing trading range, only to subsequently retrace back to previous levels. The pivotal question at hand revolves around...