Hello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the local downward trend line from which the price has moved sideways, but at this point it is worth marking the sideways trend channel in which the price moves at the lower border with blue...
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The Bitcoin market has broken above $30k in recent weeks, posting the strongest Quarterly returns (+70%) since the Oct 2021 ATH. This has also been the second time weekly returns have reached +35%, firmly placing Bitcoin as the best performing asset class YTD, once again.the strong market performance in 2023 is a stark contrast to 2022, and suggests a favorable...
Over the last few weeks I've been making a lot of bearish analyses. I still hold the idea that Bitcoin will likely go down for the remainder of the year and that ~31.800 was the top for 2023. Nevertheless, I think it's important to look at different perspectives of the market, hence why I'm trying to look from the perspective of a bullish investor. In my eyes,...
If we want to ignore the two emotional reactions of Bitcoin 3 days ago and 12 days ago, we can boldly say that nothing special happened in the last month. Bitcoin is in a sideways and suffering trend, but maybe this is the calm before the storm and we will see a big movement for this digital currency. A movement that is more likely to fall.
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hello guys... BTC is at it again - stuck in a range and doing its correction dance! It's been two whole months of this routine - first a sharp drop, then this sideways action. if the price breaks out from the range (gray area) you can get a long position until the blue area, The blue area has the potential for a short position...
Psychological Analysis: The market is strongly bearish and more and more FUD is loading. For now, FTx uncertainty regarding CRYPTOCAP:SOL is loading as we predicted a few months ago when watched the FTx data. It's not only CRYPTOCAP:SOL that is affected, but the entire Altcoin and BTC sector. We enter into the phase of FUD and fear which has not even started...
Hello all! It has been awhile since i posted, for good reason! It has been a very boring time within the market (as expected). We are currently in this transition phase between bear to bull market, its the time where everyone walks away filled with fear (bottom of cycle) Save this chart... You'll never look at a "BTC" rainbow chart again. This either...
On September 7th CRYPTOCAP:BTC had small move, so so if 30-40x. It hit the 1st price target & had opportunity to sustain, DID NOT, closed position and in cash. #BTC not making strong case and showing weakness again. There is good possibility that #bitcoin will retest spotted cyan line. Not sure if re-entry @ that price, waiting.
Very bullish looking chart for Kaspa. Following an ascending channel, bouncing off the 20/21 week SMA/EMA (bull market support band) Heikin Ashi just turned GREEN on the weekly Looks to be primed for upside!
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) It touches around 25615.38 and shows an upward trend. (1D chart) Accordingly, if it does not rise above 26101.77-26188.99 quickly, it is expected to eventually fall. At this...
Lower highs often lead to lower lows. If 25K is cleared on Bitcoin, 22K becomes the next relevant support area. Situations like this can be very confusing, but in this article I will explain the mental framework I utilize to effectively shape expectations and manage risk when facing technical conflicts. First we must ALWAYS accept the fact that markets are MOSTLY...
Hey traders, in the coming week we are monitoring BTCUSDT for a buying opportunity around 23000 zone, BTC was trading in a downtrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 23000 support zone. Trade safe, Joe.
With the market seeing a lot of weakness lately, I'm starting to look at more bearish trading opportunities. In recent analyses I've stated multiple times that my expectation for the remainder of 2023 is bearish. With BTC falling, it's likely that alts will follow. In this analysis I'm looking at SOL's rising wedge formation that also functions as a potential...
Hello traders , after having a look at BTCUSD it seems like the price is going on a bullish run very soon. here are our bullish clues : - creation of a inverted head and shoulder bullish pattern on WEEKLY TF - Break Of the neckline and the price is currently retesting it. - While the Price is retesting it is forming a Double bottom that might trigger a...
Outlook: Bitcoin holding support at previous resistance Currently looking for a wave b.b in the upward direction Potential trades: LONG: ~$25,800 to ~$28,400 SHORT~$28,400 to ~$20,500
BTC my plan is still active If they take SL of sellers - we take short watch full update