Hi Traders, Investors and Speculators of Charts📈📉 Bitcoin is now political. (if it wasn't already before, it definitively is now). In a recent development, official news leaked that that BRICS nations may look at using BTC to undermine the Dollar as a reserve currency. At the same time, many nations have drastically reduced their USD exposure. China's...
Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading below 26,000 on Labor Day, as volume in the cryptocurrency market was mostly lower. BTC/USD slipped to an intraday low of 25,817.03 to start the week, following a high of 26,087.15 the day prior. The decline pushed Bitcoin closer to a collision with support at $25,600,...
Greetings, TradingView Family! This is Richard, also known as theSignalyst. After being rejected at the 28,000 supply zone and breaking below the recent low highlighted in blue mentioned last week, BTC is currently trading near the lower boundary of the range. 📈 For the bulls to take over, it's crucial for BTC to surpass the 26,200 level. If this occurs, we can...
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Hello friends! ♥️ Today we'll talk about one of the rarest patterns! You probably already guessed what I mean😉 The Diamond pattern in trading is a reversal pattern, and it's relatively rare. Let's explore how to identify it on a chart and use it in trading. The Diamond pattern, also known as the Rhombus, is a technical analysis pattern consisting of two...
Morning folks, As we've warned on Thursday - all this hype around Grayscale ETF is purely emotional and speculative. This topic just was used to shake the boat - that's all. Two days after everything returns back. As we've said already - we do not expect any rally if even Fidelity, BlackRock or whatever else ETF will be approved by SEC. Yes, minor emotional...
Last weeks high: $28152.7 Last weeks low: $26737.6 Midpoint: $25322.5 When compared to last weeks outlook, we had what basically looked like a heartbeat monitor in price action. A flatline with a big pulse in the middle of the week from the midpoint then to weekly low, then high then straight back to the midpoint. Now when looking at the previous weeks price...
If you enjoy this analysis, please give it a like and a follow In this analysis I want to take a look at the BTC accumulation phases of the current, the last, and the bear-market before that. I took the lowest weekly close as my anchor. As seen on the chart, Bitcoin is trading exactly where it should be - in a longer term period of accumulation. The square...
seems like correction is over and xlm looks ready for decent recovery falling wedge breakout has already confirmed in h4 timeframe expecting 45 to 50% bullish rally expecting move towards 0.17$
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) The most important support and resistance points at this point are those that have maintained support and resistance points to this point. Therefore, the chart was changed to...
BTC has already broken out to the downside of an ascending wedge. An attempt to get back above the 200 MA suffered strong rejection. It’s now sitting at major support. If this support fails (an I expect it will) I expect price to move down to the 0.618 Fib line at around $25,500. A bounce from here would be an excellent opportunity to secure the new bull market....
#Btc At the weekly Beat Time, it still supports an average of two hundred On the daily basis, the range is not specified in the English chart If something special happens in the final hours of the closure this week and I will not expect the Target to fall until the high novels unless the above is violated and then we will look for shorts to the ranges. There is a...
Bitcoin price action is NOW beginning to present the setup that I have described two weeks ago. It goes to show how WAITING is better than reacting. Even now, with the current setup, I am not in a hurry to put on the swing trade because of the suspect environment. Knowing how your strategy performs in a specific ENVIRONMENT is more important than just having a...
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. When we unfold the trend based fib extension grid, we see that the first support is at $25,393, then the second support is at $24,987, and then the third support is at $24,645. Looking the other way, we see price...
This is a followup to the previous Bearish ABCD trade; BTC has officially with PPO Confirmation, has reversed from the PCZ of the Bearish ABCD to which I later realized the ABCD was part of a much greater Bearish Deep Gartley, and now we are below the 200-Day and 200-Week SMAs along with that we have broken below the demand line of an apparent Rising Wedge Pattern...
Let me know what does the aforementioned weekly candle mean? Are the targets suitable?
What is range trading? Range trading is an active investing strategy that identifies a range at which the investor buys and sells at over a short period. For example, a stock is trading at $35 and you believe it is going to rise to $40, then trade in a range between $35 and $40 over the next several weeks. You might attempt to range trade it by purchasing the...