BTCUSD, D1 | Could we see a bounce?Today we're looking at BTCUSD on the D1 timeframe. We can see that there's a nice bit of bullish momentum with the ascending support, Ichimoku cloud and an overlap support. Along with that, there's a nice 50%Fiboancci retracement too.
A bounce from here could see prices head up to the recent swing high resistance of 30700.
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Btc-e
Market Update - BTC, ETH, SPX, NQ, DXYThe SEC targeting Binance is a major blow to the biggest crypto exchange.
BTC lost more significant levels than ETH which managed to bullishly hold structure.
Both the NQ and SPX are significantly up with the beginning of some failing structure
however a bit early to confirm.
The DXY had a breakdown last week which bullishly back tested its yearly open
However it is distributing quite heavily on the daily time frame.
The higher timeframe BTC cycle is still playing out, if 2020/2021 was the bull market, 2022 was the bear market, then 2023 is clearly the transition period going into the next halvening.
Generally the Crypto markets held much better than expected and given the gravity
of the SEC filings against Binance, either way our recommendation is to be cautious with
holding capital on any exchanges. Remember - "Not your keys, not your Crypto"
BRIEFING Week #23 : Ticking TimeBomb on CryptosHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Bitcoin (BTC) • Chop with unfavourable funding rates Hope you had fantastic weekend guys.
Ok I managed to make a more shorter video.
So while we are trading under 27.2 things are not looking great specially with unfavourable funding rates as discussed.
In the video I walk through futures data, order-book data and price chart.
Remember is not about being right but about to use set of heuristics according to our time availability that allow us to define criterium set of rules to manage risk.
Don't forget to like and sub.
BTC USD SOONBTC USD Soon will drop to $25000, so basically it will be our Entry point I made a good video of showing you guys my prediction for it Thanks for watching my vid!
Black swan event or pump? $BTC update!📈 Chart Analysis:
Potential falling wedge: Top tip wait for breakout and retest of the AVWAP before taking a long
Are we retesting the Head and Shoulders resistance in prep for a "Black Swan" event that will take us to our low target?: top tip for an early SHORT position you could take the short now and place a stop above the highest high of this retest OR on the falling wedge break out area ;)
additional info!
Currently in a Stage 3: where we look for Bullish continuation patterns (falling wedge) and/or topping patterns Head and shoulders
OBV still in a stage 1 and looking weak!
🔔 Risk Management:
Adjust your position size based on your risk tolerance and use proper risk management strategies, such as trailing stop losses, to lock in profits as the price moves in your favor.
⚠️ Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
Bitcoin: Could we see a new push down to support?Today's focus: Bitcoin
Pattern – LH, leg lower.
Possible targets – 26,330
Support – 26,330
Resistance – 27,890
Today’s update is on Bitcoin as sellers have started making a solid move against the leg higher we have seen recently. Overall today, money has been moving out of risk currencies and into safe havens. This includes crypto, which has been treated as a hedge in recent history.
Did we see a new LH set up this week, and will today’s resistance hold after that sign set up a new move back to support? If buyers can get back control, we may still see the leg higher live, but for now, we are watching if selling is going to accelerate.
We feel a hold above 27,000 is a key for buyers, and a move back to or through 26,330 support will be a win for sellers.
Thanks for stopping by. Good trading, and have a great day.
BRIEFING Week #22 : Crypto Volatility ExpectedHere's your weekly update ! Brought to you each weekend with years of track-record history..
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BTC - Detailed Video From Daily to M30 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for Bitcoin.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BRIEFING Week #21 : Let's do our Regular Update !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Bitcoin: Bulls VS Bears: Battle of $26KHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
A quick analysis on Bitcoin. Over the weekend we may see some volatility as the bulls and the bears battle on the current support zone at $26400.
It is my personal view that this trendline will hold , due to a macro market perspective analysis that I did a couple of days ago which pointed towards BTC being in phase E of the Wyckoff Method market phases :
Incase you missed it ! A new altcoin that leverages memes and the hype of AI : AIDoge :
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KUCOIN:BTCUSDT COINBASE:BTCUSDT OKX:BTCUSDT BINANCEUS:BTCUSD BITFINEX:BTCUSD PHEMEX:BTCUSDT
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CryptoCheck
DXY Abyss: GOLD & BTC Shines 💰Hi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
Today's analysis is a little more economic-financial, and we dive into three main assets - Gold, BTC and DXY (money). Remember that being "in DXY" simply means that you are saving in dollars in the bank as opposed to investing in the markets. Recently some concerns have raised across the world causing investor panic because we're seeing 2008 vibes. Some similarities between the 2008-2009 financial crisis and the present situation:
Economic Uncertainty : The 2008-2009 crisis was characterized by the collapse of major financial institutions, high levels of unemployment, and a sharp decline in economic activity. Similarly, the ongoing COVID-19 pandemic has caused economic disruptions, job losses, and uncertainty about the recovery. We're also seeing many banks calling out to the government for help as some have already closed down.
Central Bank Actions: In response to the financial crisis of 2008, central banks implemented unprecedented monetary stimulus measures, including lowering interest rates and implementing quantitative easing programs. Similarly, in recent times, central banks around the world have taken similar measures to support economies affected by the pandemic. These actions have the potential to impact the value of fiat currencies and drive investors towards alternative assets like gold. Furthermore, inflation is rising across the world and the DXY continuously loses more value as inflation increases.
Flight to Safety: During times of economic uncertainty, investors often seek safe-haven assets to protect their wealth. Gold has historically been considered a reliable store of value during financial crises. In both the 2008-2009 crisis and the current situation, the demand for gold as a safe haven increased, leading to upward pressure on its price. Since Bitcoin has a positive Correlation Coefficient with gold, we can expect the price of BTC to rise along with gold.
Inflationary Concerns: The massive injection of liquidity into the financial system by central banks during the 2008-2009 crisis raised fears of future inflation. Similarly, the significant fiscal stimulus measures implemented in response to the pandemic have raised concerns about inflationary pressures. These concerns can drive investors to seek inflation hedges like gold and lately, cryptocurrencies such as BTCUSDT.
Incase you missed it : more on BRICS and the dollar potentially being replaced by a new reserve currency:
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We thank you for your support !
CryptoCheck
TVC:DXY CAPITALCOM:DXY BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSDT TVC:GOLD CURRENCYCOM:GOLD CAPITALCOM:GOLD