BTC/USDT Daily Chart Short Update BTC/USDT is trading around 58,477 USDT, slightly below the immediate support of 61,100 USDT. This area is crucial, as a sustained break below could lead to further declines towards the long-term support at 52,408.76 USDT. Immediate resistance is at 62,000 USDT, and a breakout above this level could signal a bullish trend,...
Bitcoin (BTC/USD) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance level which has been identified as a pullback resistance.
Pivot: 56,833.90
1st Support: 56,677.44
1st Resistance: 61,685.95
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
Bitcoin started to rise after the announcement of the Unemployment Claims rate and Putin's signing of the crypto mining law . However, the factors I mentioned in the post below can still cause Bitcoin to decrease.👇
Bitcoin is moving in the Resistance zone($60,800-$56,700) and near 50_SMA(Daily) and 200_SMA(Daily) .
According to Elliott Wave theory...
Good Evening and I hope you are well.
tl;dr
bitcoin: Bears got below 50000 but bulls still kept the bullish gap to 52000 open. I still think this was W1 of the new bear trend and we are currently in W2. Pullback has to stay below 63000ish though. There is currently a small bear gap 61697 - 63987 and that should stay open if this is a bear trend. If not, more...
Bitcoin has rejected the 53 to 56K support zone as I wrote and spoke about in my previous
week’s analysis. My followers were not surprised and some even recognized the brief
investment opportunity that I emphasized heavily during my stream. If you are caught on the
wrong side of this move, most likely it is a result of consuming low quality ...
Today, I’m examining the 4-hour chart of Bitcoin (BTC) against USDT on the Binance exchange. BTC is currently trading around $60,155.49, showing a marginal increase of $28.20 in the recent 4-hour period.
Key Resistance and Support Levels:
The chart illustrates a significant resistance at R1 ($69,107.72), a level that has not been breached recently, suggesting...
NEIRO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building...
Bitcoin Price Action and Trade Idea: Analyzing the Current Market Movements
In this video, I analyze the current Bitcoin price action and share my thoughts on where the market might be headed next. I highlight key inefficiencies in the market that could present trading opportunities and present a specific trade idea to capitalize on these movements. Whether...
My expectation and prediction that I mentioned on Friday and Saturday,
With a delay of 48 hours, it was formed today.
Assuming that my price range is from the highest price this morning until now (the lowest price),
And assuming that the market is bearish,
- I expect that the price in this range will go up (a pullback).
- Enter the premium area in this domain and...
Trading Setup:
Buy on Resistance Breakout
Sell on Support Breakout
We already bought a little lower
We are currently waiting for new signals to make a new decision for our trade
So we wait for now
In general, if breakout ( up or down ) we will update the graphics
What are these signals based on?
Classical Technical Analysis
Price Action...
I remember the good 'ol days, when the amount of options you had was limited to one hand.
First there was Bitcoin. Then came ETH, LTC, XRP and BCH (Bitcoin Cash). And a few other's later came like Bitcoin Gold and CRV. But oh man, were those the days. Crypto felt oddly "safer" back then, despite mt gox and pyramid schemes running rampant. Because today - the...
BTC/USDT 4-hour chart analysis update:
BTC/USDT is currently at support levels around 61,100 USDT. This is a crucial level to watch, as a break below could lead to further declines.
Immediate resistance is at 62,000 USDT. A breakout above this level could signal a bullish trend, potentially targeting higher resistance levels.
If BTC/USDT breaks above 62,000...
hello everyone.
Due to the following reasons, I predict downtrend of Bitcoin in longterm :
1- from march to august unlike sept to march According to the price action point of view, the candles have weakened( size and number of green candles )
2- the february is a gap candle because we hadnt any rest on those zone. therefore we need a powerfull pullback for...
The NEO/USDT pair is currently trading at 4.153, showing signs of a potential upward reversal after a recent downward correction. This retracement has brought the price to a critical support level, which is being closely watched by traders. The Relative Strength Index (RSI) has recently dipped into oversold territory, indicating that the selling pressure may be...
After that BAD NEWS unpredictable shakeout ....
Market was warning us but people rally too much on fundamentals.
a
Bitcoin Bull Flag Formation on the 4-Hour Chart
In the chart displayed, we observe a classic Bull Flag formation in Bitcoin's price action, signaling a potential continuation of the ongoing bullish trend. The pattern consists of a sharp upward...
Hello everyone, I invite you to a quick review of the BTC/USDT chart on the 4-H interval. As we can see, the price has dynamically returned to the local downtrend line and is currently struggling to maintain its position.
Going further, you can see how the price returned above the support at $59,510, then support at $57,490, and then strong support at...
I think there is a high likelihood we crash to 40k coming months, the price structure is very similar to a Distribution pattern, except these last days. Will be interesting coming weeks/months. I myself will keep hodling.
