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BTC down for the next 3 days ☁️ upside potential only next week The price of Bitcoin fell 2.4 percent to $62,416 over the past 24 hours. Its price now trades 15 percent below its all-time high reached 1 ½ month ago, Trading View’s Bitcoin chart shows. Plans by the Swiss cryptoverse to push for the addition of Bitcoins to the alpine country’s currency reserves seem shattered following comments made by the head of the Swiss National Bank. Thomas Jordan not only expressed skepticism during the SNB’s annual general meeting held last week, but also added that adding Bitcoin could raise the country’s CO2 emissions. ☁️  Bearish clouds linger over the global crypto market, including Bitcoin and Ether, in the next 24 hours, indicating downward pressure. Over a one-week horizon, this low pressure will remain over Ripple’s XRP, Litecoin, Cardano, Binance Coin and Uniswap. 🌤️ Bullish trading conditions will, however, prevail over Bitcoin and Ether in the coming week, as the sun manages to break through the bearish clouds, ATTMO shows. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDShort
by ATTMO
BTC Short-Term Bearish ☁️, Upside Potential Next Week ☀️Cryptocurrencies traded mixed over the past 24 hours, as investors are awaiting news that could give a clear direction to the cryptoverse following Bitcoin’s halving a week ago. Its price has since then risen 3.2 percent, Trading View’s Bitcoin chart shows. Yesterday, the 71-day streak of consecutive inflows into BlackRock’s spot Bitcoin exchange traded fund (ETF) NASDAQ:IBIT ended. Its ETF has nevertheless managed to attract a staggering $17.7 billion in assets under management since its launch in January. The price of Bitcoin was unchanged at $64,345 over the past 24 hours. ATTMO forecasts mixed trading conditions for the global crypto market in the next 24 hours, with Bitcoin, Litecoin, Cardano and Avalanche facing bearish clouds, signaling downward pressure. A bullish sun, however, shines over Ethereum, Ripple’s XRP and Polygon, indicating a potential upside. Over a one-week horizon, this bullish sun will also shine over Bitcoin, Litecoin and Polkadot. Bearish clouds will linger over Binance Coin, Uniswap, Cardano and Avalanche. Follow us for more crypto news and weather updates!
by ATTMO
$NFP Breakout Double Bottom Trading the double bottom pattern involves identifying a bullish reversal pattern on a price chart and making trading decisions based on the pattern's confirmation. Here's a step-by-step guide on how to trade the double bottom pattern: 1. **Identify the Double Bottom Pattern**: A double bottom pattern appears on a price chart after a downtrend and consists of two consecutive troughs (lows) with a peak (high) between them. The lows are approximately equal and signify a possible reversal in the downward trend. 2. **Confirm the Pattern**: Before initiating a trade based on the double bottom pattern, it's essential to confirm its validity. Look for several signs to confirm the pattern: - Volume: Ideally, the volume should decline as the pattern forms and increase when the price breaks above the confirmation level. - Symmetry: The two troughs should be roughly equal in depth and width, forming a "W" shape. - Price Breakout: Wait for the price to break above the peak (high) between the two troughs, confirming the pattern. 3. **Entry Point**: Enter a long position (buy) once the price breaks above the peak (high) that separates the two bottoms. Some traders prefer to wait for a slight pullback after the breakout for a better entry point. 4. **Stop Loss Placement**: Place a stop-loss order below the lowest point of the double bottom pattern or slightly below the breakout level. This helps to limit potential losses if the pattern fails to hold, and the price resumes its downtrend. 5. **Take Profit Target**: Calculate the distance between the lowest point of the pattern (the bottom of the "W") and the peak (high) that separates the two bottoms. Then, project this distance upwards from the breakout point. This distance can serve as a potential target for taking profits.
Long
by Crypto-Adda_Official
1
Doge $Doge #Doge Doge on the daily is fighting and losing to the SMA50,it is below the SMA9 as well as the EMA20. It is falling off on volume as well as momentum and the BEARS are stepping back in. For the last 2 days it's been a perfect short if you just short from the SMA50. We still have a sell signal which never retreated regardless of this recent bounce. WE have decent support in the $0.11-$0.12 range/levels marked out. This level also coincides with the top from 12/6/22 as well as the bottom support from recent 3/19/24 dip. Below that we should find much greater support at $0.10 level which also gains further support from the SMA180 as well as the top from December 6th-9th of 2023. On the weekly we get a slighter different picture with us getting rejection on the weekly from the SMA9 but finding trend support around the EMA20. Even with an aggressive decline in the overall markets short of a true black swan event i do not see us breaking and staying below that level. Should this change, I will update as /when needed. For now, I would just focus on these levels for the entries and exits to play. If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made an appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all throughout the bear building was killed by X and now I'm starting over from scratch. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
COINBASE:DOGEUSD
by rarebreed29
BTC Bullish 24 Hours ☀️ ; Bearish Trends In the Medium-Term ☁️The cryptocurrency trend was negative over the weekend as tensions escalated in the Middle East. “Predictable unpredictability is the new normal… For markets in the short term, this should lead to position reduction,” Handelsbanken wrote in its daily note. The price of Bitcoin fell to a low of $61,078 on Saturday. This market volatility led to liquidations of mainly long positions exceeding $1.6 billion on Friday and Saturday. Bitcoin has since somewhat recovered and is now up 1.3 percent to $65,111 over the past 24 hours. Another factor that will impact the crypto universe over the coming week is Bitcoin’s halving. “While positive in the long term, the halving could cause mild short-term turbulence due to block production slowdowns,” K33 Research writes. Bitcoin's halving is set to happen on Saturday. A bullish sun ☀️ shines over the global crypto market in the next 24 hours, signaling upside potential across the board, as cryptocurrencies rebound following the weekend’s selloff. Over a one-week horizon, the sunny trading conditions should prevail over most of the crypto universe. 🌤️ However, ATTMO indicates that Bitcoin, Uniswap and Avalanche will face bearish clouds, which means downside risks ahead over this medium-term time horizon. Follow us for more daily news and crypto weather news!
BITSTAMP:BTCUSD
by ATTMO
BTC/USD Buckle Up for the Rollercoaster Ride!Hey there, crypto comrades! It's time for another wild ride through the Bitcoin rollercoaster – grab your helmets and strap in tight! So, let's rewind a bit and revisit our last analysis. We talked about the harmonics pattern, the testing of support zones, and all that jazz. But guess what? The plot thickens! With recent developments shaking up the market, it's time to roll up our sleeves and dive back in. Picture this: Weekly charts flashing higher highs, daily charts giving us not one, not two, but three touch retests of the almighty $60k support (aka the previous ATH). It's like watching a high-stakes poker game unfold, and we're all in! Now, here's the million-dollar question: Are we ready to enter the fray? Well, it's decision time, folks. Sure, there's still a chance Bitcoin could take a nosedive down to $30k – but hey, where's the fun in playing it safe? Yours truly is throwing caution to the wind and making a move. Call me crazy, call me brave – but hey, fortune favors the bold, am I right? But hey, let's not forget the golden rule: Always trade responsibly, folks. This ain't no game of Monopoly – it's real money on the line. So, if you're feeling adventurous like yours truly, go ahead and take the plunge. But if you'd rather play it safe, nobody's judging – except maybe the crypto gods! And hey, just a little reminder: While we're busy riding the Bitcoin wave, don't forget to keep an eye on the news. You never know when Elon Musk might decide to tweet something that sends the market into a frenzy! So, here's to the thrill-seekers, the risk-takers, and the crypto enthusiasts – may the odds be ever in our favor! Keywords: BTC/USD, trading update, Bitcoin analysis, support zones, resistance levels, risk management, trading decisions, volatility, investing, cryptocurrency news, rollercoaster ride, probability, dollar-cost averaging, trading advice.
BITSTAMP:BTCUSDLong
by PlutusX
$Wolf #LandWolf on $AvaxDon't be fooled by incorrect contracts and many fake versions of this. The true wolf on CRYPTOCAP:AVAX can be traded on @mexc and many other places but do your due diligence and make sure you're not buying some fake version as there are many. This is part of the #BoysClub much like $Andy CRYPTOCAP:PEPE $Brett The true NYSE:WOLF is on the red chain on @Avax I think it will be an easy 3-5x for semi confident and decent traders. I think IMO it will be an easy 10x+ for more skilled traders and traders with greater conviction in their plays and the cycles and how they work. IMO we are back into great DCA areas and even decent entries for those that like to buy and walk away i.e. set it and forget it. I've sold and bought on these lines/ranges given MANY times this cycle and made great profits each time. besides liking the overall ticker, lol i think it's one of the better priced mkt. values still of quality (if you want to call any meme such) coins left in the markets that are established. I myself continue to make this play and have had great success with it this cycle. Hopefully this chart is of some use to someone out there looking for info on this ticker. Only you can decide which coins you trade as well as which chains they are on. You'll also find versions of most coins on CRYPTOCAP:SOL NASDAQ:BASE CRYPTOCAP:ETH etc. CRYPTOCAP:PEPE also exists on many other chains and under many various contracts. Some do well, some do phenomenal, some don't do much at all besides make you exit liquidity. I like my NYSE:WOLF on CRYPTOCAP:AVAX and trade it on Mexc which has worked for ME. I didn't run this exact one on multi time frames in same post if someone wants, they can request and I'm happy to repost it. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
Doge $Doge #Doge Doge broke out after a long consolidation and once it got above the $0.10 level that it had a lot of progress to the upside and eventually topped out just above the $0.20 level. On the way back down, you will find that there is temporary support in the $0.12-$0.13 range which for the bulls hopefully holds. However, if and when you next lose that $0.12 range you will find your next and much more significant level of support at the $0.10 range. Should you ever again see CRYPTOCAP:DOGE back below the $0.10 range, you'll find that there is very significant support at the $0.08 level. CRYPTOCAP:DOGE spent a LOT of time consolidation in a range of $0.06-$0.08 in the prior bear. I personally don't know if CRYPTOCAP:DOGE will ever see anything below that again in its life without some sort of actual black swan event. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
COINBASE:DOGEUSD
by rarebreed29
3
Phala $pha #pha #phala $phalaPhala has been trying to show strength and bounce back during this correction and if it can stay above the $0.19 range it may just be a nice setup for going back up higher. Old resistance from back in February 2023 are now trying to act as new support. This also coincides with levels from February & March of 2022. Further giving added structure to this idea. IF we lose the $.19 level, we have major Support levels at $0.10 & $0.08 We are currently below the SMA 9 & 50 as well as the EMA 20. My next level of focus from the bands will be the SMA 180 which currently is in the $0.145 range. This project in the last bull cycle topped out in the $1.40 range so there is a LOT of possible upsides to this project if and when this cycle tops out and or if we worst case scenario just had a very early cycle rare Triple top and alt season ius over (doubtful) Great entries for the next cycle. This project IS building still and has all the right narratives going forward with all the right upcoming hype. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
Ar Arweave #AR $Ar Areweave has found support so far at the $21-$23 range which coincides with support that has worked earlier this month as well as in prior years such as February 21st, 2022, and August 23rd, 2021. However, the wicks through it look somewhat worse this time around and if we get any more pullbacks from CRYPTOCAP:BTC & CRYPTOCAP:ETH with anymore escalation of War etc. issues in the middle east i would be watching for us to drop to the $15-$16 range. We have currently fallen below the ema/ma's of 9,20,& 50. The 180 would be next which coincidentally is currently in the $16 range. Up above us I would be watching for Resistance to begin in the $29-$30 area and if we get through that then things begin to look Gucci again. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
$Algo #Algorand Algorand EURONEXT:ALGO #Algo Is currently caught between the support at $0.15 range and the now resistance above at the $0.18 range. If we get a follow up pullback with the rest of the market on further war i.e. middle east drama, then I would watch for the next support range to come in at the $0.12 range. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times. Biggest goal is to not be liquidated before the real top comes and or worst-case scenario have positions worth holding until the next cycle if we really did just have an early cycle Rare Triple Top.
COINBASE:ALGOUSD
by rarebreed29
Chinese Asset Managers Ready to Adopt Spot Bitcoin ETF Bad news for investors hoping the Federal Reserve will cut interest rates aggressively: The CPI jumped 3.5% in March year-over-year, an increase from February's 3.2% YOY jump and above expectations of 3.4%. Bitcoin (BTC) initially dipped below $67,500 after the CPI release, before clawing back losses to end the day positive and appearing ready to retest the $70K level again. BTC price see-saws as halving event approaches: BTC price action remains choppy as we approach the Bitcoin halving, which is estimated to take place April 20th. Some investors believe there is too much optimism priced into Bitcoin, and we could see a correction in the days before and after the halving. Chinese asset managers ready to adopt spot BTC ETFs: Spot BTC ETFs are likely set to launch in Hong Kong later this month, with the first approvals potentially coming as early as next week. Among the applicants are some of China's largest asset managers. These will mark the first spot BTC ETFs in Asia. DeFi crypto company says SEC is suing them: Uniswap Labs said in a blog post Wednesday that the SEC has notified them it will pursue legal action against the company. Uniswap is a DeFi platform that allows users to trade cryptocurrencies peer-to-peer without a centralized exchange. TON Price Surges After Distribution Announcement: Toncoin (TON) broke into the top 10 cryptos by market cap this week for the first time after reaching a new all-time high above $7. The surge comes on the heels of a big announcement from the Ton Society, a group of engineers and developers dedicated to growing the TON network. ⏳ Topic of the Week: What happens after the Bitcoin halving? 👉 Read more here
GEMINI:BTCUSD
by Gemini
DEVVE/USD Navigating the New Coin Chaos with DevvioHey there, crypto adventurers! Today, we're diving into the wild world of DEVVE/USD trading – buckle up, because it's gonna be a bumpy ride! With limited data on this new coin, we're venturing into uncharted territory, armed with nothing but our wits and a whole lot of memes. So, here's the scoop: DEVVE recently launched after simmering in the crypto cauldron for several years. And boy, did it make an entrance! After a healthy retracement from its initial bull run, we're seeing some intriguing price action unfold. Talk about drama, am I right? Now, let's get down to business. We broke support on the daily at the $1.18 level, and now we're staring down the barrel of the 78% Fibonacci retracement, retesting it like a boss. Assuming we play nice and respect resistance, we could be in for a downward push, closing the gap and potentially finding a cozy spot at the 88% fib level around the $0.50 mark. Fingers crossed, folks! But here's the kicker – if and only if that $0.50 level is respected as support, it might just be time to make a move. But hold onto your hats, because we've got some potential resistance zones to contend with, including the previous ATH ($1.80 - $2.00) and that sneaky 61% fib at $1.18. Traders, keep your eyes peeled for candle patterns signaling reversals – it's gonna be a wild ride! Now, here's a little disclaimer: Yours truly is invested in this project, so consider this a friendly shill from a fellow believer. No pump and dump schemes here, folks – just good ol' fashioned enthusiasm. But remember, always trade at your own risk! And hey, just a friendly reminder: while we're busy cracking jokes and riding the crypto rollercoaster, don't forget to stay up to date with the latest news on DEVVE. After all, fundamentals are the bread and butter of any successful trading strategy! So, here's to navigating the new coin chaos with Devvio – may the memes be plentiful and the profits be ever in your favor! Keywords: DEVVE/USD, trading analysis, new coin, price action, Fibonacci retracement, support levels, resistance zones, trading strategies, candle patterns, ATH, investing, risk management, cryptocurrency news, meme culture.
Long
by PlutusX
1
SOL/USD: Riding the Waves of Resistance with SOLANAWelcome back, crypto crusaders! Today, we're diving into the turbulent waters of SOL/USD trading with our favorite meme-like analysis. So grab your life vests and let's navigate the waves of resistance together! Right off the bat, SOL is giving us some serious déjà vu as it flirts with resistance levels that harken back to its previous all-time high (ATH). Talk about a blast from the past! But fear not, because we've got our trusty charts and Fibonacci levels to guide us through this storm. Zooming out to the monthly timeframe, we're seeing some unconfirmed structure, but the weekly suggests that resistance is looming large. However, amidst the chaos, there's a glimmer of hope – a bullish trendline on the monthly, aligning perfectly with the 615 Fibonacci level and structure. I smell a potential support zone brewing at the $100 level, assuming the price plays nice with the ATH as resistance. Cue the dramatic music! Now, here's the golden rule: Buy if and only if the structure is confirmed at the $100 level. We're talking about touching a support trendline here, folks – a break could send us spiraling down faster than you can say "crypto crash." And trust me, nobody wants to visit the dreaded $40 level! But wait, there's more! We're not just looking for confirmation of support – we're also keeping a keen eye on that pesky ATH level. If it decides to flex its resistance muscles, we might just find ourselves eyeing the $140 level as our new loading zone. Talk about a plot twist! As for our TP (take profit) level, we're setting our sights on the lofty $412.00 mark. But beware, brave traders – the ATH will be standing guard, ready to thwart any further push. Better review those lower timeframes to confirm our strategy. Remember, it's all about probability, folks – no trading advice here, just some good old-fashioned risk-taking. And hey, don't forget to stay up to date with the latest news on SOL – fundamentals are the wind beneath our trading sails! So, here's to riding the waves of resistance with SOLANA – may the memes be plentiful and the profits be ever in your favor! Keywords: SOL/USD, trading analysis, resistance levels, support zones, Fibonacci levels, bullish trendline, ATH, loading zone, take profit level, risk management, investing, trading advice, dollar-cost averaging, cryptocurrency news, meme culture.
BINANCE:SOLUSDLong
by PlutusX