This crypto coin has been forming a very interesting pattern - a falling flag, which IMO is a strong indicator for a bullish momentum.
As for now, there is no clarity if the price will test the lower trendline again or reverse to break out of the upper trendline. A follow up analysis using the shorter time will give clarity on our entry.
Crypto market had one of the worst days in the history with sudden market crash. From the peak market had crashed 29%, this is the major correction since the halving. This market crash fuelled by the recession fears.
47-48K range acted as a support during this crash and it held strong, looking the current bounce back, i'm assuming this support will hold, if the...
Take a look at the chart above. I am keeping this fully transparent: I am not a perma bear, nor am I a perma bull or moon boi. I am just analyzing what I see. If I am right, that would mean that we have bottomed for the time being and the next phase of Bitcoin is preparing. I inverted the chart to make the TA make sense to me because the right side up was just too...
**Overview:**
In the wake of our recent Bitcoin bull rally projection, a critical juncture required close monitoring. The latest chart update suggests that while a short-term correction is anticipated, the overall bullish sentiment for Bitcoin remains intact.
**Key Insights:**
1. **Critical Point Monitoring:**
- In the previous Bitcoin post, a chart update...
hiiiiiiiii gues
First look at this analysis. We reached our target. Many people made fun of me. But!!!!!
Well, look, I'm still seeing a bearish trend in Bitcoin. Look at my levels.
But if we are pessimistic, the price can move up. I will post a new analysis if I move.
How much do you believe in me?
Half of 2024 is over. During this time, Bitcoin has managed to update its 💥 historical highs. What can we expect from bitcoin and the cryptocurrency market in the future?
For six months, there was only one month when the price was actively growing. It was February 2024:
In one month, the BTC price rose by 💎43% and began consolidating on the monthly...
It's been quite an exciting year for bitcoin with a new all time high around $73,500. Enormous runs like this that last over a year, 450 days, there's going to be corrections or cool off periods. Now's the time to stay calm, plot some targets and see where it lands. My targets and where horizonal fibs intersect with diagonal trend lines. When Bitcoin interacts...
The crypto market faced a significant downturn on Monday, marking what seems like a Black Monday event. Bitcoin ( CRYPTOCAP:BTC ) led the decline, plunging nearly 10% to hit the $50,020 mark, triggering alarm among investors. Ethereum ( CRYPTOCAP:ETH ) wasn't spared either, crashing almost 20% amidst a broader market slump influenced by major dumps from trading...
- everything is in graphic as always.
- I have always been conservative about the next top.
- As trader i believe in trends.
- i always said : " more it takes time to go up, more higher we will go"
- be ready for the unexpected.
Happy Tr4Ding and Stay S4fe !
Nvidia, a leading player in the semiconductor and AI sectors, has been making waves in 2024 with a series of strategic acquisitions. Despite facing increasing regulatory scrutiny and a cooling trend in AI mergers and acquisitions (M&A), the company is positioning itself for what could be its most acquisitive year yet. However, Nvidia's aggressive expansion...
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(BTCUSDT 1M chart)
The StochRSI indicator has fallen below the midpoint.
Therefore, when this month's candle closes, we need to see if it can close above the 1st.
If not, and it closes near...
As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K.
My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
This is my first post in some time. As I stated before, I'm largely moving on from crypto. I'm still here, paying attention to the market. I've also created a site for my fiction writing. Eventually, I may migrate some of these posts over there as representations of my non-fiction speculative market analysis.
Anyway, on to the important stuff.
Bitcoin did not...
#Bitcoin chart update: We've reached the bottom point, and I'm starting my buys from here. It slightly broke the descending trend support and continues to hold on the Fibonacci 0.618 support. It also dipped and relieved at the 49k support. Since last night, over 1 billion dollars in futures liquidity has been wiped out. In other words, technical analysis and...
I pulled up my old Bitstamp chart, which I used during the previous bull market and the 2018 bear market to make some speculations and estimations. One of the most concerning technical developments in the 2021-2022 bear market was that Bitcoin lost its long term trendline (lower orange line). Bitstamp is useful because it stretches all the way back to 2012. To get...
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to resistance 1, which coincided with the resistance zone, and at once rebounded up to resistance 2. After this movement, it broke resistance 2, which coincided with one more resistance zone, and started to trades inside consolidation. In range, the price some time traded near...
🪐 The Mercury in Retrograde cycle has begun today and will last until 28/08/2024
What astrologers "recommend" to do during this period, and what not, as well as to believe in it or not, is an individual matter)
But the coincidence of the night market drain with the beginning of this period is very conspiratorial!)
Another interesting "coincidence":
🔴 4 cycles...
