#Btc | #UsdtHey everyone
In the previous analysis, we identified several resistances and supports
All of which went according to our analysis
Bitcoin has not yet been able to break down the key area that we have identified
And now the price is in a triangle, the triangle breaking in any direction can be the direction of the market
So you have to wait until the triangle breaks and the market takes direction
Btc-usdt
For Testing 2 Important Areas Seems Like Getting Ready For Massive Breakout Testing 2 Resistances at same time incase of breakout expecting 200 to 220% Bullish Wave
BTCUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a daily time frame analysis for BTCUSDT.1D
We are in daily time frame. As we published the previous analysis for you friends, the price has moved towards our area. But now, if it cannot be fixed on our resistance line, we expect further fall to the specified area. But if the resistance ceiling can be stabilized, we expect the price to increase.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
new kid on the block pulsechain mainnet token $plsOptimistic for this fork of ethereum chain, Pulsechain has a big community and fan base. still early for technicals, but for me im buying a big bag and hodling, im expecting some upwards movement, from the bottom of this wedge, the weekends have lower volume then during the week, so it could go sideways, faster, cheaper, smoother than ether, ASX:PLS OSL:HEX AMEX:INC $plsx
BTCUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for BTCUSDT.1D
We are in the 4-hour time frame. As you can see, the price has started to fall after the double ceiling pattern, and after pulling back to its ceiling, it has started to move again to our first support zone. Currently, the price is supported, but we are considering that the price will once again fall to a lower area after hitting the resistance zone. But if it can stabilize above the resistance zone, it is possible to move towards the second resistance line. We have to wait.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
Finally Sunusdt breaks Crucial Resistance seems Like Sun Is ready for Massive Bullish impulse Falling Wedge Breakout Has already done Expecting 34 to 40% bullish wave
COCOS: Will Whales Drive This Coin to $15 with Volume ++The majority of the crypto market is currently stable. One of the top coins that whales can get more interest in is cocos same time it can be driven towards important targets of 3, 9, and 15 USD.
We will closely monitor this coin in both the short term and the long term.
Upon studying patterns, it has become evident that COCOS has displayed a significant trend indicating a high possibility of a breakout. However, it's important to note that a trend pattern does not guarantee absolute accuracy and should be validated by ongoing trends. We will continue to track this coin's progress in the coming time.
There is a likelihood that COCOS will experience a breakout, allowing the coin to defy the current trend and potentially surge with increased trading volume. We anticipate that this possibility has a high chance of materializing in the coming time.
Please note that this information does not constitute trading advice. Always conduct your own research and analysis.
BTCUSDT.4HHello dear friends,
*Mars Signals Team wishes you high profits*
This is a 4 hours time frame analysis for BTCUSDT
We are in the 4 hour time frame and as expected the price has managed to move to our first support zone. Currently, the price is moving in a descending channel and has reached the ceiling of our channel. If the price can't penetrate above our first resistance line, we expect more fall, but if it can penetrate and stabilize above our first resistance line, we expect an increase to the second critical area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
🔥 Using Manufacturing PMI To Trade Bitcoin CyclesWhat is the Manufacturing PMI (investopedia)?
The Purchasing Managers' Index (PMI) is an economic indicator that measures the direction of trends in manufacturing and service sectors through a diffusion index. The PMI provides information about current and future business conditions to decision-makers, analysts, and investors. The PMI is based on a monthly survey of supply chain managers across 19 industries, covering both upstream and downstream activity. The PMI affects economic decisions by helping managers in a variety of roles to make production, purchasing, and inventory decisions. Investors can also use the PMI to their advantage, as it is a leading indicator of economic conditions that can yield profitable foresight into developing trends in the overall economy.
To offer better readability, I added a 10-period simple moving average to the PMI.
As seen on the chart, we can derive quite a lot of forecasting power from the US PMI. Once it bottoms BTC tends to go up, and once it tops BTC tends to go down. Even easier: a downward sloping moving average is bad and an upward sloping moving average is good for the markets.
As seen on the chart, it appears that the PMI has bottomed in November of 2022. Since then, both crypto and stocks have not made new lows and are grinding upward.
In the future, I suggest you add the PMI indicator to your long-term market analysis to determine whether it's a favorable time to buy or not.