Crypto-trading
Correction arrived! Hello everyone,
As expected some red candles started to appear which means we are going in the right direction.
However, I am expecting a lower high in the 1H time frame, which may help the development of an inverted H&S pattern for the 3S tokens.
In the 4H time frame we still looking bearish after a long overbought period.
Have a nice trading week!
(I've said "most likely" too many times!)
Bitcoin could trend higher to key level of $43.2k -42kBitcoin could trend higher to key level of $43.2k -42k. This zone will be critical to determine the next course for Bitcoin along with the alts. A rejection of this zone can take BTC all the way down to $30k. However if we break this zone and hold as support we could anticipate another rally for BTC to $55k
PATIENCE GAME!! UPDATE ON BITCOIN CHARTS ANALYSIS AND PREDICTIONIT'S YOUR FAM PRINCE... an update from the previous video about bitcoin's current weekly, monthly and daily chart structure. Providing a technical breakdown of price action and possible chart predictions in the upcoming weeks.
DISCLAIMER: ALL EDUCATIONAL PURPOSES AND NOT INVESTMENT ADVICE.
UPDATED BUY SIGNALWell we are now into the second quarter of the trading year... We are looking for a positive quarter and are using the day chart to show the channel of trading but also in coordination with the Bitcoin which is the gold standard of crypto....We are also basing Bitcoin chart on the Elliot Wave Theory and should be going into the 5th wave for all time new high.
Well Elon did it again ............ and Doge is getting a bounce off of it...... we are long on all our charts for the coin............
We wish you all a blessed holliday for those celebrating Easter and prosperous investing...
APE USDT Ready for the next leg-up ? APE/USDT Prova a ri aprire un possibile impulso rialzista dopo aver chiuso un'estensione del trend.
La struttura precedentemente segnalata è stata infranta portando APE tra i top performer di binance, volumi in aumento che la riportano anche tra i top traded cross sull exchange.
BTC Update 4H April 14, 2022BTC has reject Daily MA 100, and filled imbalance zone and make Higher Low
i thnk BTC can make the correction on this weekend, cause stochastic was overbought and RSI make beardiv pattren
But on daily chart BTC still has a chance to Bull, i saw on RSI still make bulldiv on daily chart
Short term : bear
Med term : bull
Price go up, but not sure how much up! Price below all the MA, and really far below the 10 and 20. The RSI shows a bullish divergence. Waiting for the cypher to show the red green dot soon and that will potentially lead the MACD crossing over soon after that.
I just don’t know where it would go from here up. Let me know what your suggestions are?
My last call was spot on. Let’s see this one!
✅BITCOIN NEXT SUPPORT| LONG🚀
✅BITCOIN is approaching a demand level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
✅Like and subscribe to never miss a new idea!✅
bitcoin in daily time frame bitcoin now is in the orange dynamic line .. and we have to see this line can suporrt it.
if it cant to suporrt bitcoin the next suporrt zoon is between 42-41500 k
The Bitcoin – Ethereum Smart Money DivergenceThe smart money tool (SMT) divergence is used by traders to determine if the trend is getting stronger or weaker, which may lead to a shift in the market sentiment. If we compare Bitcoin (BTC) and Ethereum (ETH), we can notice that one is stronger and the other one is weaker.
However, this correlation is not visible to the naked eye because they seem to move in tandem.
Bitcoin – Ethereum SMT Divergence
Based on the coinmetrics data, the BTC-ETH correlation stands at 0.89, which is nearing all-time high values by historical standards. This means that there is a strong positive relationship between the two cryptocurrencies.
The SMT divergence concept can help a trader find short-term price discrepancies. If BTC and ETH have a strong correlation, the price should mimic the same price action. For example, if Ethereum makes a higher high, Bitcoin should do the same.
However, sometimes there is a break in that correlation, and that's exactly what happened recently. ETH's price made a higher high, but Bitcoin made a lower high. In practical terms, it means ETH is stronger than Bitcoin, so we can expect Bitcoin to sell more relative to ETH during the current pullback.