BTC 44437 LONG#BTC
Mirror level
44437 LONG
1. Small bar approach
2. Consolidation along the level with compression
3. Near retest
4. Accumulation
Btc-usdt
🔥 Bitcoin Low Volatility Alert: Extreme Move Incoming!Bitcoin has seen some extremely low volatility over the last couple of days. Every time that the indicator flashed green (low volatility), a big move in price was coming rather sooner than later.
Over the last year, most of the low-volatility-alerts have signaled a bullish move. Only in July and August it preceded a bearish move.
Something will happen, but it remains uncertain which direction the price will go. I've been quite bearish on the price ever since the ETF top, so wouldn't be surprised if we go down further.
BITCOIN - Price can little correct and then bounce up to $45200Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose to $45200 resistance level, which coincided with resistance area.
Then BTC corrected to support line and after this made upward impulse to $48700 points, thereby exiting from channel.
But soon, BTC turned around and made a strong downward impulse to $40550 level, breaking $45200 resistance level.
Soon, price broke support level to and fell to support line, but later price in a short time backed up higher this level.
After this, price formed pennant, where BTC rose to resistance line and recently broke it, exiting from this pattern.
Now, in my opinion, Bitcoin can correct and then it continues to move up to $45200 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTC a short idea...Evening fellas,
Mid term short idea.
I never liked BTC when it's just flirting with resistance, so to me it's worth the risk.
Gonna leave this chart as is and check in the future.
Trade thirsty my friends.
HelenP. I After rising moving, BTC can correct $40750Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the 45850 resistance level, which coincided with the resistance zone and made impulse down to the 40750 support level. But BTC at once rebounded from this line and in a short time rose back to the resistance level and even later rose higher than this level, thereby breaking it. Then BTC rose to the trend line, after which it bounced and made a strong impulse down to the support level, breaking 45850 one more time. Also, the price started to decline inside the wedge, where it declined even below a support level, breaking this level too. Some time later BTC turned around and in a short time rose to the trend line and broke it, thereby exiting from the wedge and breaking the 40750 support level, which coincided with the support zone. Now, the price continues to grow and for my mind, Bitcoin will rise a little more, after which it turn around and starts to decline to the support level. Therefore, I set up my target at the 40750 support level. If you like my analytics you may support me with your like/comment ❤️
BITCOIN - Price can bounce down from resistance area to $40200Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance area to support line, thereby breaking $45400 and $42500 levels, but at once start to rise.
In a short time price rose to $49900 points, but then it turned around and made downward impulse to $42500 level.
After this, price continued to decline in falling channel, where it broke this level and $39600 level too, reaching support line.
Then price bounced up from support line to $42500 level, exiting from channel and breaking $39600 level again.
Also recently, BTC tried rise higher than $42500 level, but failed and now it trades near support line.
So, I think Bitcoin can rise a little higher than resistance level and then bounce down to $40200
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin can exit from pennant and continue grow to 45400 levelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few time ago declined to the 41400 support level, where it turned around and started to rise inside the upward channel. In the channel, BTC rose to a 45400 resistance level, which coincided with the seller zone and soon broke this level. Price rose a little higher, after which it exited from the channel, entered to pennant, and at once made a downward impulse from the resistance line to the support level, thereby breaking the 45400 level one more time. Next, BTC some time traded near the 41400 support level, and later it declined to support line of the pennant, breaking the support level, but soon price turned around and in a short time rose back. Also recently BTC rose to the resistance line of the pennant, where it continues to trades near now. So, in my mind, Bitcoin can break the resistance line, thereby exiting from the pennant, make a retest, and then rebound up to the resistance level, or after the breakout of the resistance line, BTC will at once continue to move up to the resistance level. For this reason, I set my target at the 45400 resistance level. Please share this idea with your friends and click Boost 🚀
BITCOIN - Price can correct to support level and then bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price bounced from support level, which coincided with support area, and rose to $45800 level.
But then BTC made downward impulse to support line, but in a short time price backed up and then started to rise.
Also, price started to trades in wedge, where later it rose to resistance line, thereby breaking $45800 level.
Later price made downward impulse from this line to support line of wedge, breaking two levels $45800 and $41700
After this, BTC turned around and in a short time, it exited from wedge and soon broke $41700 level again.
Now price trades near the support level and I think BTC can correct to this level and then bounce up to $44700
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin(BTC): Looking For Breakdown Of $40KBitcoin is looking better than ever. Last week we had a nice downward movement, and the current week started with some sharp movement to lower zones towards that $40K zone.
As you all know, we have been looking at two major zones of $34K and $26K (which hold the most liquidity), which is more of a mid-term movement for us, but in the short-term we are looking for a clean breakdown of that $40K zone, which is basically the last zone to hold the price of BTC as of now.
Upon breaking this zone, we will see some deep downward movement to our major target zone!!
Swallow Team
BTCUSDT.1WBased on the provided market data, the current price of Bitcoin (BTC) is $40,072.01. The Relative Strength Index (RSI) over 4 hours, 1 day and 7 days is 44.75, 40.69, and 64.21 respectively. The RSI is a momentum indicator that measures the speed and change of price movements, with a value below 30 typically interpreted as a bullish signal (potentially over-sold) and above 70 a bearish signal (potentially over-bought). In this case, the RSI values suggest that BTC is neither overbought nor oversold.
The Moving Average Convergence Divergence (MACD) for BTC over 4 hours, 1 day, and 7 days is -306.14, -829.16, and 3742.30 respectively. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. Negative MACD values suggest that BTC is on a downward price trend, while the positive 7-day MACD suggests a potential upward trend in the longer term.
The Bollinger Bands (BB) for the same periods are 41379.0, 47268.0, and 48740.0 respectively. Bollinger Bands are a volatility indicator. Prices are high at the upper band and low at the lower band. In this case, BTC's current price is below the middle band suggesting it's relatively low.
The support levels for 4h, 1d, and 7d are $38,595.0/$38,261.0/$35,920.0, $42,790.0/$40,633.0/$40,190.0 and $35,685.0/$30,600.0/$26,868.0 respectively. The resistance levels for the same periods are $41,684.0/$43,066.0/$43,564.0, $44,393.0/$44,900.0/$48,900.0 and $52,200.0/$59,200.0/$69,100.0 respectively.
In conclusion, the short-term indicators suggest a bearish trend for BTC, with the price below the middle Bollinger Band and negative MACD values. However, the positive 7-day MACD and the RSI values suggest that there may be potential for an upward trend in the longer term. As always, it's important to consider these indicators as part of a broader strategy and to consider other market factors when making investment decisions.
My expectation for Bitcoin for next 2 years Without any additive descriptions, I think target of this cycle will be around 190K, and we will reach this target around April 2025. That's all
🔥 Bitcoin: Just A Dip? What Does 2016 Tell usPreface: I'm still bearish on BTC as per my most recent analyses. The ETF launch likely signaled a major top, potentially until the halving. My most likely scenario's are shown below.
That being said, I think it's worthwhile to look at the market from different perspectives.
In this analysis I'm going to compare the 2016-2017 bull-run with the 2023 bull-run. Back then, BTC experienced many 30%-40% drops over the course of 2 years. In the end, every dip was a dip to be bought which led to some very good returns.
Thus far, the 2023 (and 2024) bull-run has had several dips around 20%, which all proved to be very good entry points. We had to admit to ourselves that it's possible that the drop after the ETF launch is a dip to be bought.
Furthermore, the dips getting less deep than 8 years ago is a natural consequence of the market maturing and becoming less volatile.
Is this just a dip, or are we facing a longer-term correction? Happy to hear your thoughts!
BTCUSDT.4HBased on the provided market data, BTC is currently priced at $41,270 against USDT. The 4-hour Relative Strength Index (RSI) is at 32.58, indicating an oversold condition and possibly an upcoming price rebound. However, the 4-hour Moving Average Convergence Divergence (MACD) is at -500.32, suggesting a bearish market scenario.
The Bollinger Bands (BB) for 4 hours, 1 day and 7 days are at $43,860, $47,150 and $48,530 respectively. These values indicate that BTC is currently trading below its average price, suggesting a bearish trend.
The support levels for 4 hours, 1 day and 7 days are $40,568, $40,500, and $35,400 respectively. If the price drops below these levels, it could potentially fall further to the next support levels at $40,100, $38,500, and $30,600 or even to the third support levels at $38,600, $37,300, and $24,700.
The resistance levels for 4 hours, 1 day and 7 days are $43,937, $43,900, and $48,300 respectively. If the price breaks these levels, it could potentially rise further to the next resistance levels at $46,600, $47,500, and $51,910 or even to the third resistance levels at $47,500, $49,300, and $59,700.
The 1-day and 7-day RSI are at 40.86 and 70.52, indicating a slightly oversold condition on a daily basis but an overbought condition on a weekly basis. The 1-day and 7-day MACD are at -145.30 and 3996.50 respectively, suggesting a bearish scenario in the short term but a bullish scenario in the long term.
In conclusion, the market data suggests a bearish scenario in the short term with potential for a rebound due to the oversold condition. However, the long term trend appears to be bullish. As always, these indicators should not be used in isolation and other market factors should also be considered. Please use this analysis responsibly and conduct your own research before making any investment decisions.
XRP/USDT Analysis - Anticipating a Price Increase Post ResistancThe XRP/USDT pair is currently under scrutiny, and a positive outlook is emerging from the analysis. The anticipation is for a potential price increase, contingent on the breakout of a significant resistance level as indicated on the chart.
Current Observation: The present market conditions for XRP/USDT exhibit promising indicators that suggest a bullish sentiment.
Resistance Breakout: The key focal point of this analysis lies in the awaited breakout of a resistance level highlighted on the chart. The price is expected to experience upward momentum once this resistance barrier is convincingly breached.
Chart Analysis: Refer to the chart for specific details on the identified resistance level. This breakout could serve as a catalyst for a sustained upward movement in XRP/USDT.
Confirmation Factors: Look for additional confirmation factors such as increased trading volumes, supportive indicators (like RSI or MACD), and other technical signals that may strengthen the conviction in the impending bullish move.
Risk Management: Despite the positive outlook, it's crucial to implement sound risk management strategies. Set stop-loss orders and be prepared to adapt your approach based on real-time market developments.
Price Targets: Once the resistance is broken, consider establishing price targets for potential take-profit levels. This can be based on further technical analysis or predefined profit objectives.
Remember, the cryptocurrency market can be dynamic and subject to rapid changes. Stay vigilant, keep a close eye on the evolving market conditions, and be ready to adjust your strategy accordingly.
🔥 How The Gold ETF Can Predict Bitcoin's Performance After ETFIn many of my recent BTC analyses I've been talking about my view on the ETF. My prediction was that the ETF would be a sell-the-news event and mark a local top. Thus far, my view has been correct.
In this analysis I want to take a look at the Gold ETF and its effect on the short- and long-term price movement of the underlying asset Gold.
My short-term view on both ETF launches is as follows:
- Whales (big banks and the like) buy the rumour. Likely, they have more knowledge about the ETF launching than the retail investors.
- ETF launches, whales create hype around the ETF to lure retail in.
- Whales sell their assets to retail, which drives the prices down.
As per Bitcoin, the correction has just started in my view. We can go much lower from this point.
However, this ETF is great news in the long-term. As seen on the bottom chart, Gold went up for almost 7 years after the ETF launch. I doubt that BTC will go up for 7 years, but the statistics don't lie. An ETF is a great way to lure more traders to the market.
Think about it, how many more people will buy crypto during bull-markets when it's as accessible as a stock? This ETF could very well put increasing bullish pressure on Bitcoin's price, potentially bringing the next-bull market top to unforeseen highs. A man can hope.
Share your thoughts about the short- and long-term price action of BTC after the ETF.
BITCOIN - Price can make retest of support line, and bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to flat, where it tried to rise, but a short time later declined to $41600 support level.
After this, BTC some time traded near this level, which coincided with support area, and then bounced and started to rise.
Price rose to resistance level, but at once bounced back and then made strong upward impulse to resistance line.
Also, BTC exited from flat, breaking $45800 level, but soon price bounced from resistance line and made impulse down.
When price declined to support level, it broke $45800 level one more time, after which BTC bounced up and broke resistance line too.
Now, I think Bitcoin will make retest, after breakout, and then continue move up to $44700
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Ethereum(ETH): Time To Buy? Taking a peek at the ETH coin on a weekly basis, we see a nice dominance of it where, while BTC is tanking, ETH is pushing!!
With more and more rumours about Ethereum ETF, prices seem to follow up the movement of BTC (before the ETF)
If we see this kind of move, we might see ETH near $3500 from where we are seeing a very high probability of downward movement or correctional movement happening!
Swallow Team
🔥 Ethereum ETF Hype At The PERFECT Moment: Time To Shine!Now that BTC's spot ETF is officially live, investment banks like Blackrock have already started talking about a potential ETH ETF. Interestingly enough, this happened at the perfect moment, TA-wise.
Right as the ETH/BTC valuation has hit a major support, bullish ETH news comes in, which naturally has lead to a big bounce in the ETH/BTC price (ETH is outperforming BTC). What a coincidence...
With ETH getting it's time in the sun, we might actually confirm the bullish channel on the ETH/BTC pair and continue the bullish trend all the way towards the top resistance. With ETH's ETF to be announced, this value will likely continue to go up.
Do you think ETH will outperform BTC over the next few months/years?
BTCUSDT.4HBased on the market data provided, Bitcoin (BTC) is currently priced at $46,490.00. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 59.59, 65.19, and 84.81 respectively. This suggests that the cryptocurrency is neither overbought nor oversold in the short term (4 hours) and medium term (1 day), but it is significantly overbought in the long term (7 days).
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 516.0, 1073.01, and 4620.01 respectively. This indicates a bullish signal as the MACD is above the signal line.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 47900.0, 46800.0, and 49000.0 respectively. The current price is below the upper band in all these periods which suggests that BTC is not overextended.
The support levels for 4 hours, 1 day, and 7 days are $43,800.0, $43,800.0, and $40,120.0 respectively for the first support level and decrease further for the second and third support levels. The resistance levels for 4 hours, 1 day, and 7 days are $48,000.0, $48,800.0, and $51,800.0 respectively for the first resistance level and increase further for the second and third resistance levels.
In conclusion, the technical analysis suggests a bullish trend for BTC in the short and medium term. However, the high RSI in the 7-day chart indicates that BTC is overbought in the long-term and may experience a price correction. As always, it's important to consider other market factors and your personal risk tolerance when making investment decisions.
New FVG on daily BTCNew FVG on daily BTC chart appear 45.5K & 46K.
BTC Correction start to be defined.
Also we can still looking for 51K
Dont get too gridy with that BTC pumpAs i predicted on my last idea, BTC made new higher low and pumped hard. Soo far as i know it looks almost perfect like a liqudity run. 40k coming soon if i am right. we will see before that huge candle up that liqudate most of the shorts to about 46k.
BTCUSDT.3HBased on the provided market data, the current price of Bitcoin (BTC) is around $44,021. The Relative Strength Index (RSI) for the 4-hour, 1-day, and 7-day periods are 54.49, 58.83, and 82.46 respectively. The Moving Average Convergence Divergence (MACD) for the same periods are -20.68, 709.42, and 4194.00 respectively.
The RSI values indicate that Bitcoin is neither overbought nor oversold in the short term (4-hour and 1-day), but it may be considered overbought in the longer term (7-day). The MACD values indicate a bearish trend in the short term (4-hour) but a bullish trend in the medium and long term (1-day and 7-day).
The price is currently below the Bollinger Band (BB) for all three periods, which could suggest that the price is relatively low, though this alone should not be used to predict future price movements.
The support levels, which represent potential 'floors' in the price, are at $42,081 (4-hour), $41,300 (1-day), and $40,200 (7-day). The resistance levels, or potential 'ceilings', are at $44,748 (4-hour), $45,950 (1-day), and $48,400 (7-day). These levels can be used to identify potential entry and exit points for trading.
In conclusion, the market data suggests a mixed picture for Bitcoin. While the RSI and MACD suggest that Bitcoin may be overbought in the longer term, the BB and current price suggest that it may be undervalued in the short term. Furthermore, the support and resistance levels suggest that there may be opportunities for both buying and selling. Therefore, a potential strategy could be to buy Bitcoin if it dips towards the support levels, and sell if it rises towards the resistance levels. Of course, this analysis should be combined with other forms of analysis and individual risk tolerance before making any investment decisions.
🔥 Bitcoin Break Out! 2024 Starts Off AMAZING 🚀Over the last couple of weeks I've been posting a lot of analyses on Bitcoin's bull-flag pattern. My expectation was always that the price would break out through the top resistance, with a target of 48k.
As of this morning, BTC has rallied hard on bullish ETF news. The break out is strong with a lot of volume, so 48,000$ seems imminent at this point.
Why 48k you ask? Well, it's the strongest resistance area before the all-time high. If the bears will fail to defend 48k, chances are were going straight to new all-time highs. For now I'm bullish untill 48k, neutral at 48k, and bullish again if we manage to break through 48k.
To all patient bulls: congratulations. The trend is your friend. But be wary, the bears might be lurking at 48k.
