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Btcsignals

$BTCUSD Approaching Monthly Liquidity level - LONGMonthly Liquidity Level (MLL) : BTCUSD is currently approaching a critical Monthly Liquidity level at 39965, historically significant for its role as support or resistance. Anticipated Increase : An expected 5.6% surge within one candle is predicted. This surge is considered a precursor to the initiation of a long-awaited Bull Cycle. Long-Term Target: The analysis sets a bullish target at 131k, suggesting a sustained upward trend beyond the immediate surge. Probability Indicator : Recent market activity indicates a substantial inflow of capital over the past few days. This positive money flow is a bullish signal. Volatility Assessment : Volatility has remained stable leading up to the critical level. However, anticipation is for a spike in volatility, especially with the liquidation of short positions at 39965. Risk Factor : Traders should exercise caution as predicting price movements, especially in cryptocurrency markets, involves inherent risks. It's crucial to monitor the situation closely and be prepared for unexpected market reactions. This analysis combines key technical elements, emphasizing the significance of the Monthly Liquidity level, anticipated price movements, and the interplay of volatility and market sentiment. Always consider risk management strategies when acting on technical analyses.
COINBASE:BTCUSDLong
by wikitrades
1
Bitcoin- Back at resistance. Will it break this time?In my previous BtcUsd analysis, I said that 35k-35.5k is strong support for bitcoin and the main cryptocurrency remains bullish as long as this level is intact. As we can see from the chart, BtcUsd touched and reversed from this zone 3 times in the past month suggesting there is a strong demand under 36k. Yesterday the price rose back to resistance and I'm looking for a break. In this instance, Bitcoin could pass above the important 40k level. I remain bullish as long as support is intact.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
BTC in new way My RNN divergence script has been sitting on an important resistance level, and the number of bearish predictions keeps increasing. If we look at the past, similar prediction counts have led to negative outcomes. However, it's important to note that things like interest rates could also affect the markets, and this is not a standard way to look at it. It's always important to keep your eyesight wide and consider all perspectives when making trading decisions. Good luck on your trades!
Short
by Viltautas
BTC/USDT --->PREDICTION PATHWAY (Sell Position)hi according previous analysis (attached) it comes up to touch the target but but but it has big problem and bad news for holders it would come back down again for 3 result: 1- before it touched support comes up !! 2- it has unsettled surface 2 times 3- it has some unresolved surface in my opinion it will see lower price level again. ( i am sure.) anyway i know some guys disagree but that's not important like when BTC was 60000 AND FINALLY RECIEVED 15K$. Don't forget money management . be profitable. (I attached previous analysis)
by rabinateghi
2