Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) For several years, the world has overcome great adversity and is on a journey to return to normal life. The fear of war still exists, but in another sense, I believe that the world...
Weekly last ichimoku support and stronghold for #bitcoin . The target is possible with the news. Not financial advice.
Hello, community! Today it's time for mid term BTC analysis update. In our opinion it's finishing the wave 1 of the last bearish global wave. Look how perfectly the lower degree waves fitted the Fibonacci levels. Wave 3 has been ended exactly at 1.61 Fibonacci level, wave 4 reached the zone between 0.5 and 0.61 Fibonacci retracement of the wave 3. Now we...
Bitcoin has been on an almost 20 day consolidation (excluding the Greyscale bounce) with the 1H technicals neutral (RSI = 50.047, MACD = -22.300, ADX = 23.021) during most of this time. This is an excellent framework for short term scalping while on the long term potentially hints to a bottom formation on the HL trendline of the long term Channel Up...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving below the local downtrend line. After unfolding the trend based fib extension mesh, we see that the first support is at $25,492, then we have the second support at $25,084, and then the third support at $24,749. Looking the other way, you can...
Hello friends! Look at this analysis in MATIC: We see Matic's weekly chart and its large drift from the all-time high. Purple line: Note that this line serves as an important support in this sideways process of Matic. However, it was lost the week of August 28th. See the red signal on the chart, showing the rejection that occurred in an attempt to remain...
CRYPTOCAP:BTC bounced off the support level. Bullish movement to resistance level at $27160
TVC:DXY still going strong! It's highly likely that the retests the recent highs. We history in the making! This is the 1st time the US #DOLLAR didn't break down @ major support! It has not withstood a monthly close after peaking. Does it have enough steam to retest the 2022 highs? #interestrates #GOLD #SILVER #BTC
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
Our ETH bias is still playing out accordingly, exactly how we expected. The reason I drew out this grey zone on my first analysis is because this is the last leg down, before the real bull run begins. As this is the final leg down (Wave Y), I expect market to consolidate & move down very slowly, allowing big institution's to DCA & buy into the Crypto market. I am...
Bitcoin (BTCUSD) remains under heavy bearish pressure for almost 2 months, making market participants anxious to say the least. In times like this, it is always best not to lose sight of the bigger picture and look for clues on the wider time-frames. This chart is on the 1W time-frame and illustrates a very unique pattern that splits BTC's historic price action...
Bitcoin is presently positioned within critical daily, weekly, and monthly price levels. An evident trend on the chart indicates that Bitcoin has been subjected to significant bearish pressure, prompting us to consider the potential for a selling opportunity. Nevertheless, there are noteworthy chart elements that demand our careful scrutiny, and these have been...
Seems Like Has Already Bottomed Out Massive Volume Coming While Formed Falling Wedge And Approaching Towards Trendline Expecting Breakout Incase Of Successful Breakout Expecting 300%+ Bullish Rally In Midterm
As mentioned in the previous article, BTC's upward momentum is weak. Even if the price temporarily rises above the EMA200, it's often due to positive news from Grayscale. In the chart below, you can see that after briefly crossing above the EMA200, it returned to around 25,600 within a day, and the closing price didn't surpass the resistance level at...
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! Sort term bearish path ideas. Took a short based on the pattern of news moves being retraced. Added short at 27,650. Elliot wave impulses still pointing...
Bitcoin is currently staying strongly above the 200 SMA level. Usually 200 SMA line acts as a strong support or resistance level. We can expect BITSTAMP:BTCUSD to stay above 200 SMA and bounce back from that level. If BITSTAMP:BTCUSD breaks 200 SMA then we can see a sudden drop in BTC price upto 22000. In the last 3 weeks we did not see a major drop in...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the sideways trend channel in which the price is moving. Despite an attempt to exit the indicated channel upwards, the price quickly returned to its previous level. Locally, using the yellow line,...
In the preceding 24-hour period, Bitcoin's price exhibited a range-bound movement, reflecting a momentary potential for an upward shift towards the resistance range situated between $26,000 and $26,500. This pattern becomes pertinent within the context of the prevailing downtrend that has characterized Bitcoin's price trajectory. As the price continues to...