Our first rule is that everything is possible in this market. Therefore, we should not act emotionally and stick to a single thought. Fed decisions are now very critical. If Bitcoin rises above 70,000, this scenario will be cancelled. I hope Fed will make the market happy. * What i share here is not an investment advice. Please do your own research before...
BTC falling beneath the 100 auto fib retracement. Other cryptocurrency also beneath the red layer of the auto fib retracement include; AVAX, BADGER, CELO, COIN, CURVE, DASH, EGLD, HFT, KSM, MINA, RAD, SUSHI...and ICP is in the red unlike the other top traded cryptocurrency remaining in green, neutral or blue areas of the auto fib retracement. Others below the...
Bitcoin started to rise again after Failing(Fake Break) to break the Support zone($58,000-$56,600) . From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Reversal Pattern , and if the upper line of this pattern breaks, we can expect a further increase in Bitcoin . From the point of view of Elliott...
Trade Idea: Bottom for Bitcoin Might Be In This chart suggests that Bitcoin may have found its bottom, with the potential for a bullish reversal. The following elements highlight this outlook: 1. Liquidity Zones: - Liquidity/TP1: The chart highlights a take-profit zone (TP1) near the $64,000 level, where liquidity is expected to reside. This is the target...
Bitcoin rising after taking LOW Price took Swing low $55 588 in the end BTC too so many lower lows at this moment there could be potential rising toward liquidity zone $58 500 $59 700 or $60 500
CRYPTOCAP:BTC 1D chart; Let's do a general #Bitcoin analysis; Bitcoin hasn't had a daily EMA (50-200) crossover in a little over 11 months. However, if it continues like this, it will experience a Dead Cross cross in a few days. This can also be interpreted as a bearish signal. This intersection does not mean that it will fall 100%, but it is one of the strong...
Comparing those 2 patterns I knew that this looked familiar, didn want to post it first because its not that obvious, but when you look at the date...well the left one was BTCUSD exactly one year ago ! This said, the whole figure makes so much sense. ALSO, didn put the picture but this pattern was there 2 years ago (from november to january 2022) and resulted on...
Employment change in USA was better than expected 142K & Unemployment rate was as expected 4.2 % **************MAY BE BULLISH WEEKEND************** ************* NOTE************** USA CPI will be announced on WED September 11, 2024 ************************************************************************** BINANCE:BTCUSDT ...
hi guys. In my opinion price should be pumped for short time ,and the resistances as u can see are: 58k 59k 61k and62k but remember the main direction is bearish. I'LL post the main direction.
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose until to resistance line, breaking $64400 level. Next, price turned around and made downward impulse to $49000 points, breaking two levels and exiting from rising channel. After this, price started to...
Pair Name = Gold Timeframe = H1 Analysis = technical + fundamentals Trend = Bullish Pattern = Ascending Triangle Explanation :- In H1 Timeframe. Gold is Forming the Ascending Triangle Pattern. it can hit Price 2550 to 2560. Today NFP news during US Session So always trade with Risk management.
Bitcoin is currently trading within a downward channel at $56,551, with immediate resistance at $59,329. The 50-day EMA at $58,225 and RSI of 41 suggest bearish momentum. If BTC breaks below $55,573, the next supports are $54,000 and $52,138. Watch for a breakout above $57,445, which could change the trend to bullish. For now, the bias remains bearish under the...
Current Analysis: BTC/USDT is trading within a descending channel on the 2-hour chart, suggesting that Bitcoin is in a short-term downtrend. However, BTC is currently testing the lower boundary of the channel and is showing signs of a potential bounce. The lower boundary of the channel is around $56,200 - $56,500. The upper boundary of the channel near $58,500...
GM crypto bro's! This morning, BTC has dumped again to 56K. The Fear and Greed Index is in the extreme fear zone at 22, and it looks like the Stochastic RSI won't be leaving the oversold area anytime soon. That's why I always remind you to stay cautious in this highly volatile crypto market, because anything can happen. Based on the current price action, the...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- The key is whether it can rise after receiving support around 56150.01-56950.56. Even if it doesn't rise, if it doesn't fall below the short-term downtrend line, I think it has a chance of...
Good Evening and I hope you are well. tl;dr Bitcoin - Bear inside bar on the daily chart. Bears need a close below 55500 but they are in control anyhow. The bear channel is broad so both sides are making money. Best r:r trades are short near the daily ema which is currently around 59000. 53000 will very likely be hit over the next 3-10 days. comment: Bear...
This week is crucial, especially with the FOMC meeting scheduled for the following week. With US jobs data coming out on Friday, which has historically been a significant catalyst for Bitcoin and the broader market, it's important to watch closely. Now that Bitcoin has reclaimed a key level on the chart, I believe this could be the low and it's time to act. We...
Bitcoin is in a downward channel - trade after big SL hunt during this inviermanet better to trade after clear liquidation events at this meant i have 2 key zones for trade 1st - at $55 300 2nd - at $54 260 Short possible if price consolidate our from value for 2 -3 days