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...
If you haven`t sold the top on Bitcoin: Now you need to know that as the Federal Reserve's highly anticipated rate cut approaches, the market is bracing for potential volatility, and Bitcoin could be no exception. While many expect a modest 25 basis point cut, a more aggressive 50 basis point reduction is also on the table. This larger-than-expected move could...
This analysis is an update of the analysis you see in the "related ideas" section. After the rejection of the price from the supply determined from the previous analysis, the final price reached our demand range. Bitcoin has reacted to this area. The price is expected to reach higher areas. We are long on BTC with low volume. At the top of the chart, we have a...
In this analysis I want to take a look at BTC's short-term price action: what can we expect over the next few days? As seen on the chart, the price is currently slightly reversing from the diagonal purple resistance. It's too early to call for a reversal, but we have to be cautious nevertheless. On the bottom you can see the RSI indicator flashing overbought....
hello guys. let's dive into the monthly time frame of btc analysis. Breakout Confirmation: The candle highlighted in yellow, initially suspected to be a "hunting candle," has not confirmed its status as such. With 6 subsequent candles failing to validate a hunting pattern, it is more likely a breakout candle indicating a continuation of the bullish trend. ...
hello guys, as I published before: in updates you can see this signal: so I believe the next target of Btc is somewhere around $60k! Let's see! __________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with...
Overview: Phone vibrates... Voice: "Bogdanoff, he panic sold." Bogdanoff: "Temporary bottom, reversal." Voice: "He’s not biting." Bogdanoff: "Pump it and paint a bull flag." The VANTAGE:SP500 has posted five consecutive days of gains, stopping just 0.71% short of its all-time high. Meanwhile, NASDAQ:QQQ still needs to rise another 5.84% to match its previous...
**Trade Setup for BTC/USDT (1D, Binance)** - **Trade Type:** Short - **Entry Zone:** $60,300 - $65,300 (Supply Zone) - **Target:** $41,860 (Liquidity Area) - **Stop Loss:** Above $65,300 **Rationale:** - The price is approaching a key supply zone where a reversal due to selling pressure is expected. - Price action is in a bearish structure, with the...
NDX rallied to the top of this pennant today before close. The BTC and NASDAQ correlation is pretty heavy in this pattern. Do we see Bitcoin find a local top soon and range around $61,400-61,800 this weekend? This would allow for a beautiful open Monday morning with both assets in sync heading into the FOMC week.
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- The Chuseok holiday in Korea is until September 18th. As a result, it is difficult to publish ideas. I hope you have a healthy and happy holiday. ------------------------------------------ It seems...
Was away and have not posted here in some time. Was away and had a few things neded to take care of. Please see profile for more info on that. Will consolidate everything we have said on #Bitcoin over last few days. CRYPTOCAP:BTC was worth a shot early this week or late last week. We bought overnight Sun - Mon. Mid 60's is likely around the corner. Don't see...
In a previous analysis, I discussed the relationship between Bitcoin, the Altcoin market and Bitcoin Dominance. An important rotation exists between these three; and by using TOTAL3 together with BTC.D, you can get a clearer picture of where BTC is trading in the current cycle. In this video, I make an important suggestion based off Elliot Wave Theory. This...
Hello everyone, let's look at the current BTC situation considering the one hour interval. In this situation, we can see how the price has moved higher from the local downtrend line above which it remains. Let's start by setting goals for the near future, which include: T1- 60252$ T2- 62340$ T3- 64922$ Now let's move on to the stop-loss in case the market...
Hello everyone, let's look at the current BTC situation considering the one hour interval. In this situation, we can see how the price has moved higher from the local downtrend line above which it remains. Let's start by setting goals for the near future, which include: T1- 60252$ T2- 62340$ T3- 64922$ Now let's move on to the stop-loss in case the market...