Hello everyone, let's take a look at the BTC to USDT chart in a one-day timeframe. As you can see, the price is moving strongly towards the downtrend line, but still stays below it. When we unfold the FIb Retracement grid, we see that the first support is at $27,506, then the second support is at $26,277, and then the third support is at $24,820. Looking the...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ I fix part of the profit, the trap is close! Well friends, the rocket was really loaded, the long scenario works out perfectly, congratulations to everyone who recruited with me and went through this tedious flat in a week and a half Profit...
#BTC update... As TVC:DXY shows weakness and goes for a correction, #bitcoin has a chance to catch its breath towards ~29/30k... Volatility is back... Here are my points of interest to go long or short...
Traders, A few posts ago, you will see that (2) two gaps were being focused on. The question was posed about which might be filled first. Many of my followers understand that my bias was to the upside gap being filled first. Thanks to the Blackrock ETF approval, this has occurred. And, as I stated in my video yesterday, I have unloaded 50% of ALL my positions...
Bitcoin (BTCUSD) is already more than +5% for the day after Grayscale prevailed against the U.S. SEC in a historic ruling over the conversion of the Grayscale Bitcoin Trust to a spot Bitcoin ETF in a lawsuit. This legal win could be a pivotal step towards having the first ever spot Bitcoin ETF authorized in the United States. Technically the price reclaimed the...
Tuesday, August 29th, 2023 @ 12:09pm Current Price: $27,481 (+5.24%) BTC is currently rallying on the news that the U.S. Court of Appeals for the D.C. Circuit issued its opinion in Grayscale v. SEC on Tuesday, ruling that the agency was unreasonable to deny the crypto giant permission to launch a Bitcoin ETF. When in doubt, just zoom out. While history...
✨ Absolutely amazing news here with the ruling by the D.C Circuit having ruled in favor of Grayscale in it's lawsuit against the SEC for the SEC's decision to deny Grayscale's conversion to an ETF successfully paving the way for Grayscale's filing/ETF petition to be reviewed. ✨ This amongst a series of losses and hard hits for the SEC the past few weeks has been...
I use the wave structure and SMC method to make a judgment of ETH in the third quarter of 2023 as follows: Currently, I see that ETH price has moved from an Rally Phase to a Drop Phase and has retested the target price area with GAP at 20xx. In the 3rd quarter of 2023, the market does not have much good support news for Crypto, I am taking a short-term...
Hello, Community! Exactly as we told you in our last update that BTCUSDT is gonna show the correction to the upside in wave 4. The target for this bounce is $27600 which is 0.5 Fibonacci retracement level. Maximal possible target is 0.61 Fibonacci level at $28300. Anyway, BTC has already filled the imbalance candle and reached the conservative target. There is...
💡Bitcoin is moving near the upper 🟡 Price Reversal Zone(PRZ) 🟡 and the 100-SMA . 🌊According to the theory of Elliott waves , Bitcoin is completing corrective waves, so it seems that wave B in 🟡 PRZ 🟡 has ended. 🌊A sign of the completion of wave B can be the 🌠Evening Star Candlestick Pattern🌠 in the 🟡 PRZ 🟡. 🔔I expect wave C to finish at one of the ...
Was not going to post this but... Like clockwork, again. We noticed a slight BULLISH bias for $BTC. Even mentioned that there's huge demand for #crypto related #stocks. #BTC gets positive news today. Grayscale wins lawsuit against SEC for #bitcoin Spot #ETF. --- Previous post (see profile for more info) CRYPTOCAP:BTC is once again making case for BULLS short...
The price of Bitcoin was relatively steady over the past three days. In the meantime, technical indicators like RSI, MACD, and Stochastic stayed bearish on the daily time frame, and the 20-day SMA kept approaching the price. As for the weekly time frame, Stochastic and RSI continued to develop bearish structures, indicating that a trend of higher degree is turning...
Bart Simpson has returned, he's upside down. Bitcoin has a tendency to "Bart". Today that tendency has returned. Could we see a full recovery? Possible. Also possible we reach somewhere between 27.5-29k or even 31-32, and then back down to 24.3-24.7 before really heading up. Let's see! Yet again, the published image doesn't match the chart, so here it is:
Overall, the events of the last few days in the Bitcoin market have been significant enough to warrant attention and analysis. A breakout from ascending traingle to the $25,480 and subsequent price behavior against trend lines and technical patterns could be a key factor in Bitcoin's future price direction. Hammer as a technical signal can bring other interesting...
Hello friends, I was unfortunately blocked yesterday =D so after some exasperation I am sharing this today. A trend line that traces the price's growth so far has its own strength and importance. It is currently around the 28400+ level. However, there is another way of looking at the matter. The parallel band that stretches around the 27400 level is also quite...
Most likely MNDE will continue down to the bottom trendline/fib. Once it hits .043 we SHOULD see a move to top of triangle again.
We can find a bearish harmonic bat pattern on USDJPY on the daily timeframe with lower timeframe crab pattern as well. further analysis will be done from this area identified. as this is against high timeframe trend, it is important to trade with care
CRYPTOCAP:BTC IMO, most likely scenario for #BTC Am not seeing this discussed by anyone I follow, but we are in a HTF (5+ years) Ascending Channel. Target ~$250k in 2024-2025. In the end, it will all look so obvious. Don't get distracted by the LTF's. Eyes on the Prize. #Bitcoin Check out bitcoin's price history, it loves bouncing in HTF ascending...