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
BTC is at a critical support level right now. If it fails to hold, we could see a drop toward $55k, and potentially further down to $53k. Manage your positions carefully, as a breakdown could lead to significant downside movement.
BTC/USDT Analysis: Hourly Timeframe 📊 This chart highlights potential buying and selling opportunities based on forecasted movement of Bitcoin (BTC) on an hourly timeframe. Let’s analyze the key moments indicated by the green (Buy) and red (Sell) forecast lines. 🟢 September 5, 2024, 06:00 AM - Buy Date (Green Line): This is a potential local low, indicating that...
gm, as we continue to consolidate and fear begins to rise, it becomes blatantly clear to me as to what is truly going on. we're clearly in a fourth wave. fourth waves are notorious for creating fear, uncertainty, and doubt. they make you question weather the trend is truly over, they bore you with sideways price action which makes you hand over your hard earned...
#BTCLONG Being in the market now for long is very nice choice Because 1. stoploss will be so small 2. #btc has to reach range ( 65 963 to 69 375 ) 3. they need to close the month so bearish to trap more beers THINK OUT OF THE BOX CRYPTOCAP:BTC #BTC #BTCUSDT #BTCLONG #ETH CRYPTOCAP:ETH BINANCE:BTCUSDT
BTC is in a tight consolidation range, and the next move could be decisive in the very short term. Keep an eye on key support and resistance levels and watch for volume spikes to confirm the breakout direction. As always, manage risk with appropriate stop-loss levels. This is a quick update for immediate trading decisions, so be sure to monitor closely for any...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price entered an upward channel, where it in a short time rose to the resistance level, which coincided with the seller zone, broke it, and continued to move up. But later it made a correction to the 64500 level, after which made an upward movement and then made...
Overview: Today marks a mini anniversary—exactly one month since the 15% COINBASE:BTCUSD BTC crash on August 5th, which concluded a 7-day bearish correction. This correction was the third wave in a 28-day cycle. Why does this matter? BTC tends to follow relatively short cycles and typically doesn’t take longer than a month to make a decisive move in either...
Morning everybody, actually I'm not sure that we need the "new trading idea" here, because this is just update on existed one. Everything goes with the plan. Now BTC comes to the neckline, and intraday bulls could start watching for small 15-min reversal patterns to make a decision on long entry. Target is the same - 61-62K, the top of right arm of our H&S...
Bitcoin (BTCUSD) may be under a quite strong short-term correction since the August 27 rejection on the 1D MA200 (orange trend-line) but based on this 2-year Cyclical Chart, it has high chances of finding Support again and start a rally similar to the two it had over this time span. Let's start with the long-term outlook which remained bullish after BTC hit and...
The BlackCardCoin (BCC) chart against Tether (USDT) on the 4-hour timeframe indicates a potential short scenario. Here is the analysis based on the chart: The price is currently in a descending channel, characterized by lower highs and lower lows, indicating a bearish trend. The price has been moving steadily downwards within this channel. Fibonacci retracement...
In this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band. Over two months after the analysis, the price has fallen through the yellow price band again. It's looking like BTC is losing upward...
BINANCE:BTCUSD is not falling below 50K, which is expected by many. The flagship continues to consolidate ( which has been going on for half a year now ) and accumulate potential at the expense of some traders or another, mostly at the expense of sellers. Why am I being positive? . In the second half of August, BTC tried to move into the realization phase...
Short-Term Trades: Look for buying opportunities around the support level (56,940.8) but be cautious of the overall bearish trend. Long-Term Perspective: Given the downward trendline, it might be wise to wait for a clear breakout above the resistance level (59,134.5) before considering long-term position
Overall, a Short update of the analysis implies a cautiously optimistic outlook with a focus on the $52,408 support level as a crucial point. If Bitcoin can maintain above this level, a bounce towards higher levels within the descending channel is anticipated, with a potential test of the upper resistance line around $70,000. However, if this support fails,...
Analysis for BTC.D (Bitcoin Dominance): Weekly Timeframe 📊 The chart highlights the market cap dominance of Bitcoin (BTC.D) on a weekly timeframe. Several important points are marked, including projected levels for Bitcoin dominance and significant forecast dates: 🟢 October 7, 2024 - Buy Date (Green Line): This marks a local bottom, suggesting a potential...
🟢 The green line indicates that “by this time/date,” the asset is likely to decrease (downward movement). This means it’s an optimal time to accumulate long positions (futures/spot depending on your deposit and risk management). Remember, we do this in parts since you don’t have additional indicators or experience to rely on. 🟥 The red line indicates that at...