Hello,Traders! BITCOIN is trading above The key level of 25k$ from Where I think we will See a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BINANCE:BTCUSDT BTC still hanging around this 4H OrderBlock I would like to see a clear break down from the OB, or another shot at a break to the upside, for me to consider a position here. You have to think we have a few more measured bullish moves before the rug gets pulled at some point...
Following an unsuccessful attempt to establish a foothold in the $26,150 range, Bitcoin retraced its steps and reentered the confines of its previous range. This retracement led to a decline in its price, eventually reaching the lower threshold of this range. Nevertheless, the ongoing narrative suggests a latent potential for Bitcoin to overcome the upper boundary...
💡After coming below the Resistance Line , Bitcoin violated the scenario of re-attacking the 🔴 Resistance Zone($26,980-$26,350) 🔴. 📎Bitcoin has formed a Descending Channel in the last few hours. 🌊In terms of the structure of Elliott waves , Bitcoin is completing its 5 descending waves inside the descending channel so that the 3rd wave was completed in the ...
Hello dear @TradingView family, it's been a while since last Bitcoin update! A familiar price pattern has emerged on the BTCUSDT chart recently. This pattern is known as a Horizontal Channel, characterized by a consistent price range. Since August 18th, the price has been moving within the range of $26,800 to $25,400. I anticipate that the price will...
JPMorgan's Perspective on Bitcoin's Future Amidst Current Obstacles In the ever-volatile landscape of cryptocurrency, JPMorgan has emerged as a voice of measured optimism. As the market weathered the storm of recent events, including Elon Musk's bitcoin sale and China's real estate giant's bankruptcy declaration, JPMorgan analysts provided a glimmer of hope,...
Seems Like Kda Has Already bottomed out And trying to reverse its trend formed text book falling wedge in 2 days tf while printed massive rsi divergence expecting massive breakout and incase of successful breakout expecting move towards 1.50$
A month ago SPX topped close by the previous ATH at a resistance area with an engulfing candle, a clear reversal signal, just a couple of weeks after DXY (dollar index) started to raise again. Yesterday we had the exact same pattern occur, an engulfing candle to the downside, at a previous resistance level. Today Jerome Powell presented a hawkish stance of the...
Waiting for this cycle to unfold I'm starting to see 2 repeats of the same scenario not 3-4 cycles like some believe they have lived through. Cycle 1 & 2 both have this "accumulation" at the macro channel bottom hovering just under the 100 2 Week Moving Average How this plays out is the 30 2 Week Moving Average clamps down onto the 100 right before making a...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First, we will use the blue lines to mark the downward channel from which the price went up at the uptrend line, but now we can mark the local channel in which the price dynamically went down. In order to determine price support, we...
CRYPTOCAP:BTC bottom nearit’s major support level on the daily chart. The bounce-off the support level and bullish movement to resistance level at FWB:31K is possible.
This Bitcoin (BTCUSD) study is centered around the MACD Bullish Cross that took place on the 1M time-frame two months ago. Since 2014, the 1M MACD has formed a Bullish Cross another 3 times. In all cases the 0.786 Fibonacci retracement level was hit either before (only time the June 2019 Libra hype) or after. At the same time, the Symmetrical Support level from...
On Tuesday, Bitcoin made a new low at $25,350. The next day, it bounced to $26,800 and then faltered back down to the proximity of $26,000. During the past three days, there was a slight accumulation of Bitcoin among the biggest players (reflected in the growing number of BTC addresses with holdings exceeding 1,000 tokens). In the meantime, technicals on the daily...
RNDR was great early in the year, but is losing it's gains in a quick manner. This trade is based on the idea that RNDR will give away most of it's 2023 gains and will move down towards the support level of the triangle. To increase the risk-reward, I'm going for an aggressive entry at 1.44, stop just above the recent local high, target at the bottom support of...
If you enjoy this analysis, please like and follow. The dollar index, DXY, has been trading bearish for nearly 10 months. This has allowed both the stock- and the crypto market to rise substantially during 2023. However, the DXY has broken out through the bearish resistance, making way for more gains. Consequentially, stocks and crypto have started going down....
Stock and Crypto markets should be aware that, while DXY appears to be in a free fall lending fuel for the recoveries we've been seeing across markets, it could yet turn back up - thus greatly shortening the fuel for these recoveries. Scenarios: - Very Short Recovery across markets -- DXY turns up here somewhere between the middle of the weekly or monthly...
seems like as already bottomed out and getting ready for massive bullish rally testing trendline in 2 days tf incase of breakout expecting massive bullish rally Incase Of successful Breakout expecting move towards 0.50 to 0.55$ in midterm
The direction of Bitcoin in my opinion: In my opinion, first the price will go down to 20700 and this range, and then we will have an upward movement according to the chart I posted.