Time seems to zoom by, and when you glance at the Bitcoin chart with 2014 on one end of the timeline and the current cycle on the other, it's astonishing how each market cycle bears striking resemblances. Our focus today is on the Weekly timeframe , where we've unearthed intriguing insights by comparing market cycles. If you examine our chart closely, you'll...
💡Bitcoin has not had many price changes in the last 7 days (of course, we witnessed an emotional market in some minutes). Most of the time, Bitcoin has been moving between two lines of Support and Resistance and the 🟢 Support zone($25,840_$25,600) 🟢. 📚In general, it is more difficult to profit when there is Little Movement in the financial markets than...
Bitcoin is stuck on 25200 - 25500 horizontal support for 3 consecutive weeks. With the last 2 tests of that, the price formed a double bottom pattern. The neckline of the pattern was broken with a bullish engulfing candle. We may expect a bullish movement now at least to 27000 level. ❤️Please, support my work with like, thank you!❤️
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on H4: Left Chart As per my last video analysis, BTC broke above the 26,200 previous major high so the bulls took over short-term. Now we are expecting a continuation till the 27,400 supply zone marked in red. on H1: Right Chart The bulls will remain in control, unless...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Well friends, bitcoin has finally revived and we are seeing a slight volatility, but the main thing is that in our direction - LONG Technical: BTC has hit local resistance at $26.426 0.382 Fibonacci. As for me, this is now an important local...
Seems Like Preparing For Massive Bullish Rally Formed Descending Channel In Daily Timeframe And Testing It Incase Of Breakout Expecting Massive Recovery Incase Of Successful Breakout Expecting 100 to 120% bullish Wave
Seems Like Ready For 100 to 120% Bullish Rally Formed Falling Wedge In Daily Tf And Trying To break It Incase Of Successful Breakout Expecting 100 to 120% bullish Rally In Midterm Keep Eyes On Vidt For Confirmed Breakout And Donot Enter Without Breakout
In our latest analysis, we explore Bitcoin's unfolding volatility patterns. Notably, the bottom indicator highlights a distinct drop in Bitcoin's 7-day volatility, as depicted by the green metric. Historical data consistently suggests that such low volatility precedes significant market movement. While periods of low volatility can span weeks, they invariably...
hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading marginally lower on Thursday, as the cryptocurrency moved below a key point of support. BTC/USD bottomed out at 25,404.36 earlier in the day, less than 24 hours after peaking at 25,953.02. The decline saw Bitcoin fall under a price floor of 25,600 before bulls...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Note the time of dilly, note the time on $ES... Broke resist, hit the trend line. Holding this area to complete an impulse is needed for bull lean.
🏃♂️Bitcoin has been moving in a Rectangle Pattern for over 36 hours , although we have seen 🐮 Bull Trap 🐮 and 🐻 Bear Trap 🐻 in this pattern. ➕Bitcoin is currently moving near the lower line of the Ascending Channel and the Support line . ➕Also, in the middle of the Rectangle Pattern, Bitcoin has succeeded in forming a Falling Wedge Pattern . 🔔I expect...
🏃♂️Bitcoin is moving in the 🟢 Support zone($25,840_$25,600) 🟢 after leaving behind a 🐻 Bear Trap 🐻. 📚It is better to know that, in general, Volume Trading is ↘️ Low ↘️ on Saturdays and Sundays . 🌊According to the theory of Elliott waves , it seems that Bitcoin has successfully completed its 5 downward waves and has already started corrective waves...
Hello, community! Today it's time for BTCUSDT update because situation has changed a little bit. If earlier we expected the dump to $24500 and then pump to FWB:29K , now Elliott waves analysis is showing us that situation became worse. It looks like BTC now is in wave 2 of the wave 3 higher degree. Wave 1 inside wave 3 has the clear 5 waves structure and the...
Bitcoin / BTCUSD has been consolidating since the Greyscale pump. The pre pump Support is still holding and the Fibonacci retracement levels offer a strong sense of the Resistance levels. The 1hour RSI displays the same Bullish Divergence on a Rising Support as the pre Greyscale pump. Buy when the price crosses over the 1hour MA200 and target 28000. Follow...
This analysis is based on the idea that STG could be trading inside a bullish parallel channel. I copied the top resistance and placed it at the bottom. Patience is key for this trade. I'm waiting for STG to reach the bottom support and reverse from there. Long term target placed at the top resistance of the channel.
As of a few days ago, GMX has successfully bounced from the bottom support of the falling wedge pattern. With BTC trading sideways, it's likely that alts will see a surge because money flows away from sideways price action. I'm looking at the top resistance of the pattern as a short-term target. Pattern is still bearish, so we're keeping our target close.
This is Bitcoin 1hr time frame analysis. What do you think about it.
BTC is showing signals that the B-wave of its corrective phase has completed and it will be starting its C-wave to complete the structure. The C wave will take it to new lows in 2024, this idea projects the first leg down to kick off the C-wave. Initial target 17793 by 10/10/2023 The breakdown level was 27791, so as long as it stays below that I am expecting...