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Btc-analysis

LINA: Pivotal Points & OpportunitiesLINA's 1-hour chart presents a market navigating between critical support and resistance levels. The robust support at $0.012618, anchored by the 0 Fibonacci level and the lower Bollinger band ($0.012467), offers a solid base for potential growth. In contrast, the $0.014840 resistance, strengthened by the 1 Fibonacci level, poses a significant hurdle for upward momentum. In this intricate interplay, the $0.013113 pivot point emerges as a crucial junction, where the middle Bollinger band and the 0.5 Fibonacci level intersect. This vital price zone could trigger a decisive market movement, as traders carefully watch for any shifts in trend. The neutral RSI (43) and Stochastic oscillators (42) contribute to a balanced market sentiment, providing opportunities for both bullish and bearish traders. The MACD and Hourly EMA 50 suggest the potential for a bullish reversal, while the Volume Oscillator and OBV indicate a decline in trading volume – a temporary pause before the market moves more definitively in one direction. In summary, LINA's 1-hour chart artfully combines various technical indicators, inviting traders to analyze and strategize within this dynamic market environment.
by ShawnMCR
10
Solana's Surge: Key Levels in SOL's Bullish BreakoutSOL, the native token of the Solana blockchain, has recently experienced a bullish breakout, which is reflected in its current price of $23.25. Over the past hour, we've seen the coin pick up momentum, as various technical indicators suggest that the asset could be gearing up for further gains. The Relative Strength Index (RSI) is currently at 75, indicating that SOL is in the overbought territory. However, a high RSI can sometimes signal a strong trend, and with the recent news of Solana's impressive technological advancements and partnerships, this could be the case for SOL. The On-Balance Volume (OBV) of 53.917 million also supports this notion, as it suggests an increase in buying pressure, which often precedes a price surge. The Bollinger Bands provide insight into SOL's volatility, with the upper band at $23.73 and the lower band at $20.55. The middle band, which currently stands at $22.14, acts as a local support level, as it represents the moving average of the asset's price. The 1-hour timeframe Fibonacci levels further reinforce this support, with the 0 level at $22.68, providing an additional cushion for the price. The 50-hour Exponential Moving Average (EMA) at $21.42 and the 0.5 Fibonacci level at $21.28 serve as strong support levels, forming a solid base for the price to bounce off of if the bullish momentum continues. On the flip side, the 24-hour high of $23.68 presents the nearest resistance level, with the upper Bollinger band acting as an additional barrier. The MACD indicator at 0.65 and the Stochastic Oscillators at 80 also suggest that the bullish trend may persist in the short term. Additionally, the Volume Oscillator at 3.59% indicates an increase in trading volume, which could fuel the price's upward trajectory. In conclusion, SOL's recent bullish breakout is supported by a confluence of technical indicators and recent positive news. Key support levels to watch include the middle Bollinger Band at $22.14, the 50-hour EMA at $21.42, and the 0.5 Fibonacci level at $21.28. Meanwhile, the 24-hour high of $23.68 and the upper Bollinger Band at $23.73 serve as the nearest resistance levels. As the market conditions continue to evolve, it's essential to monitor these levels and any relevant news to make informed decisions.
by ShawnMCR
9
Crypto Analysis: A Comprehensive Technical & Fundamental GuideHere is a detailed step-by-step guide on how to use the technical and fundamental indicators to analyze cryptocurrencies: Step 1: Choose a reliable trading or charting platform Select a trading or charting platform that allows you to access and utilize the technical and fundamental indicators mentioned. I personally use and recommend TradingView for its reliability and ease of use in cryptocurrency analysis. Step 2: Set up your chart Configure your chart with your chosen cryptocurrency's price data, typically using the daily timeframe for a broader perspective. You can adjust the timeframe according to your preferred trading style (short-term, medium-term, or long-term). Step 3: Apply technical indicators Add the following technical indicators to your chart: a. Exponential Moving Averages (EMA): Use three EMAs with different periods (e.g., 20, 50, and 100 days) to identify short, medium, and long-term trends. Look for crossovers between the EMAs as potential buy or sell signals. b. MACD (Moving Average Convergence Divergence): Apply the MACD indicator with standard settings (12, 26, 9). Look for crossovers between the MACD line and the signal line as potential buy or sell signals. Additionally, watch for bullish or bearish divergence between the MACD and price. c. RSI (Relative Strength Index): Apply the RSI indicator with a 14-day period. Monitor the RSI levels for overbought (>70) or oversold (<30) conditions, which could signal potential price reversals. Step 4: Analyze the cryptocurrency market fundamentals Evaluate the following fundamental factors: a. Adoption: Research the current rate of cryptocurrency adoption, including new users, institutional interest, and use cases. Increasing adoption typically indicates a positive long-term outlook. b. Regulation: Stay informed about the latest regulatory developments and legal frameworks that could impact your chosen cryptocurrency's value and market perception. c. Utility: Assess the cryptocurrency's current utility, such as its use as a store of value, a medium of exchange, or as a hedge against traditional financial markets. Step 5: Analyze the cryptocurrency network Examine key network metrics, such as: a. Hash rate: A higher hash rate indicates a strong and secure network. Monitor the hash rate for consistent growth or sudden drops, which could impact the cryptocurrency's price. b. Mining difficulty: Observe the mining difficulty as an indicator of network security and miner participation. Higher mining difficulty generally implies a more secure network. c. Transactions: Track the number of daily transactions on the cryptocurrency network, as increased transaction activity may correlate with higher demand and network utility. Step 6: Synthesize your analysis Combine your technical and fundamental analyses to create a comprehensive understanding of your chosen cryptocurrency's current market conditions. Look for confluence between the technical indicators and the fundamental factors to identify potential trading opportunities or long-term investment decisions. Step 7: Continuously monitor and adjust Regularly update your analysis to stay informed about changes in the market or network conditions. Adapt your trading or investment strategy accordingly. Keep in mind that this is just one example of a method that combines technical and fundamental indicators. The effectiveness of this method will depend on various factors, including market conditions, your trading or investment strategy, and your ability to interpret and act on the provided information. Always exercise due diligence and research before making any trading or investment decisions.
Education
by Julien_Eche
Markets Are Choppy Looking Forward To 2023 | Daily Market An. Key events: USA – Initial Jobless Claims USA – Crude Oil Inventories Yesterday we could see quite weak activity in the financial markets as traders continue to celebrate Christmas and wait for a new year. And today markets are definitely feeling the holiday trade: light news flow combined with low liquidity led to uneven but ultimately insignificant movements. It looks very much like we are now just drifting into 2023, which is when things will pick up quickly again. Key trading themes will continue to dominate in early January, most notably how far central banks are willing to push interest rates to demonstrate their determination to get inflation back to target levels. Many have already started to let rates down, and we are seeing many signs of easing pressure, although perhaps not as much as policymakers would like. Nonetheless, with a very aggressive tightening in a short period of time and with many countries facing a recession, the risks of a rate hike are now heavily skewed downward. Having started too late, central banks now run the risk of tightening too much and hence compensating for a sloppy start with a painful exit. Oil prices are winding down their recent gains in mid-week, down more than 2% after a strong recovery over the past few weeks. The outlook for the oil market remains highly uncertain, and the recent G7 sanctions and Kremlin countermeasures make little difference at this point. Both will only be tested if oil prices rise so much that Russian oil trades uncomfortably close to the $60 mark or should be higher, which is not the case right now. So for now, all this is just theory. WTI Crude Oil hourly chart Also, China's success in transitioning away from the cruel quarantine may be a clue to all of this, but since reliable data on the spread after the easing of restrictions is hard to come by, we may have to wait a while to fully understand the implications for the economy and therefore oil demand. XAU/USD daily chart Gold is trading around $1,800, a level around which it mostly fluctuated during December. Either it's a reflection of traders not believing in the Fed's hawkish resolve, or the bulls don't want to give up on the recovery rally, but gold continues to hold on, albeit on increasingly weak momentum. We may see a correction early in the new year in the absence of dovish sentiment in Fed comments or favorable economic data. BTC/USD hourly chart Bitcoin held steady over the holiday period, and the cryptocurrency community will probably be quite pleased with that. It hasn't been an easy few months, and the next few may prove challenging. For the industry, it has become a matter of limiting the damage and hoping that the storm has passed and that another will not be long in coming.
TVC:USOIL
by FOREXN1
7
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point. 📉 SHORT - BTC : $17,210 📉 💵 Length of trade: we are expecting BTC to hit a 225 scalp, with a high end of $325, and a minimum expectation of $150. 🕰️ Duration of trade: we are expecting this to occur within 1.5 hours - 4 hours. Then we see a maximum duration of 14 hours. 📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Short
by VirlVideo
2
BTC WILL BOOM ... FOR SHORT TIME ....!!!!!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. We can see how the price shattered the triangle resistance line on the 3H chart.The resistance line became a support line after the price broke through it.Within a couple of hours, the price retests.The price has the potential to return to the resistance level following an anticipated retest; consequently, I have set our objective at 17.4k to 17.6k.This is my opinion, and I sincerely hope that it will be of use to you. If you like my ideas then do support them with like and follow. Also, share your views in the comment section.
Long
by knox_365
5
BTC investment idea!The global movement of BTC remains under the downtrend. After the fall, the price came to the support of $15,500 -$15,900. I don't expect a long reversal yet, as there is still support from below at $12,050-$13,300! Also, the indicator, which works on the basis of a surge in volume, did not show entry into a long position. Since January of this year, the short scenario has been in effect. The indicator, of course, gives signals for buying and selling, but always conduct those yourself. market analysis. At the next support ($12050-$13300) I will consider purchases in the investment portfolio!
Long
by Lo_lo_nya
1
BTC - Harmonic MovementBtc got a move from December in a strong fall. The movement seams harmonic, as a .618 fibo projection. Each movement makes a consolidation period and than a Breakout. The last movement got just another 0.618 until the consolidation. For me, if BTC loses the least buttle, on 18k USD, probably nothing will stop to take another fall movement. But as you can see, each time it occurs, the consolidation gets bigger. It probably happens because participants are fighting for the price next move. As we have no possible Good News to come in next weeks, I mena... no stopping war, no good agreement on europe wintter, no decrinsing inflation on US... So without good expectations, investors won't take risk. As BTC is a High grade Risk, it will probably be a position to stop, pushing more the prices.
BITSTAMP:BTCUSD
by lhcbenac