Yet Again Bitcoin! Failure to close above $30,715 🧟Looking for downside as we move into the next Daily candle for a few reasons. We have had 3 Daily candles back to back fail to close above $30,715 Daily Resistance which was initially created on June 24th. this resistance has held for nearly a week now after a 25% pump from the lows. In the short term it's fair to anticipate a bit more depreciation in bitcoin value. Bitcoin is currently in a range and has been since the 23rd of June. The price behavior has been alot less amusing than the prior week. Just yesterday after dipping into Daily support at $29,901 .. it only took about 15 hours before price ran 2.8% back to the highs. The high of the range $30,715 said " not today" and price still sits in the range. Price is currently in the top half of the range.
I believe Inflation red folder news tomorrow during NY Session will help lead the way down and retrace back to at least our newest daily support level $30,085. At that point in time, if we get there, we will reassess. If we've entered the Fomo phase, why have we not continued pumping. Price is stalling at Medium term highs as the Monthly candle comes to a closure.
As the new monthly candle opens in 24 hours, it will likely create a bottom wick before it attemtps to drive up. That is the idea for this retracement into the new monthly candle
1Hr Timeframe
Cryptolevels
Litecoin Storm Warning 🌩️ : Imminent Correction Ahead The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today.
On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry.
This signals a slightly bullish market with upside potential. 📈
Follow us for more crypto weather reports!
🌧️ Outlook for Ethereum & Altcoins; ☀️ for BTC & BNBEther and many other altcoins face cloudy ☁ or even rainy conditions 🌧️, signaling a bearish trend with downside risks according to ATTMO.
However, sunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market. 📈
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Ethereum Short at the Lows 🏴 (More Risky) / Momentum ↘️This Short Idea begins at a 1Hr Support Zone & let me explain my thoughts. The Idea for the trade stems from the fact that the Weekly candle is Bearish. Daily candle is bearish. 4Hr Market Structure is bearish and descending away from our Weekly Supply level at $1,915 ( Published in a previous idea). We are shorting the breakout to the downside in anticipation that the Daily candle will continue to pull down into the close of the candle in 5 Hours. We have clean candles to the left /clean traffic on the 1Hr timeframe down to $1,816. 2 Ways to approach this. 1) Short at the lows anticipating volume to come into the market as we transition into the new daily candle. 2) Wait for a pullback to what was our Daily support level and may now because a Resistance level at $1,860$.
Double Top? -> ₿ $30,715 Price may appears to be struggling at our daily resistance Level $30,715. Price action appears to having a difficult time maintianing Bullish Market structure and creating a Higher High on the 4Hr timeframe. In our recent publishing we were anticipating a pullback as we transitioned into the new Weekly Candle. We got that as price pulled back to our nearest daily support level at $29,901. Can't expect much as a trader after quite the sizeable move from 24.5K last week.
☀️ Skies for Bitcoin & Binance, ☁ Outlook for Ether and AltsSunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
However, Ether and many other altcoins face cloudy ☁ or even rainy conditions🌧️, signaling a bearish trend with downside risks.
📈 Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market.
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#DXY $DXYWell i know the markets and watching the $ can make you feel crazy. I know that a lot of people seen the premarket moves and premarket views and SOLD right into support. When really, they should have been looking for pullbacks/reactions to plays the KNOW and like as to their movements based on this chart ALONE could have EASILY given you entries from premarket to open that you could have then already sold for profits 30-90 minutes later.
Crypto Summer Thrives! 🌞 1-Week Forecast Unveiled! 🌧️/ 🌞 ? The crypto summer is in full swing with sunny skies ahead! 🌞 🚀 Sunny weather is ahead in the coming hours as well as over a one-week horizon.
Asset managers' ETF applications are fueling the demand for Bitcoin, paving the way for an exciting market outlook. We can anticipate additional players, such as Fidelity, filing their applications in the near future. 📈
These favorable conditions signal a slightly bullish market, presenting potential upside opportunities for the crypto sphere as a whole.
Follow ATTMO Times to stay ahead of the curve!
Crypto Summer Sizzles On! 🌞 But What's the 1-Week Forecast?The crypto summer is in full swing with sunny skies ahead! 🌞 🚀 Sunny weather is ahead in the coming hours as well as over a one-week horizon.
Asset managers' ETF applications are fueling the demand for Bitcoin, paving the way for an exciting market outlook. We can anticipate additional players, such as Fidelity, filing their applications in the near future. 📈
These favorable conditions signal a slightly bullish market, presenting potential upside opportunities for the crypto sphere as a whole.
Follow ATTMO Times to stay ahead of the curve!
ADA- Strongly bearish under 0.3The trend for Ada is clearly bearish and the coin has made even a new low after the start of the year's crypto rally.
At this moment AdaUsdt is trading under important 0.3 resistance and a new drop is probable.
The target for this drop is the recent low, but a new low is not out of the question, even probable
🐂☀️ Crypto Bull Run: Sunny Skies and Upside Potential! 🚀📈The bull market continues in the crypto universe 🐂📈, with sunny conditions ahead in the coming hours and over a one-week horizon. ☀️ An upside potential across the board is likely, according to ATTMO. 🚀
ETF applications fuel optimism, while low liquidity sparks exciting price fluctuations. 🌟 Stay tuned for EU inflation updates and follow us for more crypto weather reports and insights! 📊
$BTCUSD - MetaSignalsPro - NEUTRAL >> LONG👉 My Trade Plan
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✔️ Possible LONG
🎯 if B.O => Fibo 261.8 @ 34 400
🎯 if not B.O => 29 900 then 29 300
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📌 Main Time Frame H1
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👉 TrendDOWN : OFF
👉 GreyBOX : ON
👉 BladeSCALPER SIGNAL : ON
🎯 Fibo 23.6 could be tested first
📌 Upper Time Frame H4
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👉 TrendUP - ON
👉 BreakOut of the RealTime TrendLine: DONE
⌛️ PullBack in the Blue Cloud: could be tested a 3d time
🎯 if B.O => Fibo 261.8 @ 34 400
🎯 if not B.O => 29 900 then 29 300
BITCOIN reversalHere it is! GOV are getting into crypto.
There has been a pump as they are buying in and it looks like the bitcoin is reversed. I had been checking trends and you can see the parallel channels drawn.
looks like we are gonna see a bitcoin rally and equity market go down.
Interesting times ahead.
Stay cautious and use SLs everywhere in trade and investing.
See you around.
🌞 Skies for Crypto Market, Except XRP: ⛈️ Conditions ForecastedXRP 🌧️ is facing stormy weather ahead. With bearish conditions and downside risk looming, investors need to brace themselves for potential price turbulence.
On the other hand, sunny weather with a few scattered clouds 🌥️ lies ahead for the global crypto market, translating into a slightly bullish market with upside potential in the next 24 hours and over a one-week horizon. The crypto universe is boosted by various ETF news and increasing interest from institutional investors.
Follow us for more crypto weather reports and market movement insights!
📺 Exhaustion through Weekly candle closeWe can observe a 25% pump after price created a Lower Low on the Daily timeframe at $25,128 ( 9 Days ago). The latter half of June has been quite exciting for Bulls. I suppose in March price did a 35% pump in 6 days. Anything can happen as we have seen in the past. Last time price was at this area it distriubted for a week before correcting 11% in 6 Days.
1Hr & 4Hr market structure has turned bearish and this current daily candle has not seen much upside. There has been a change of character since the blowoff +3.77% 1Hr candle printed during Friday's New York trading session. Bulls want the weekly candle to close above 30,329 in 28 hours. This would confirm very strong bullish pressure since we would close above medium term market structure highs created in April. I'm looking at a retracement to the most recent Daily support level at $29,901 through the end of this weekly candle. Looking for the weekly candle to create a larger top wick and pullback to the downside.
💥Bitcoin (BTCUSDT): Pullback in Short Term?Together we have followed the last part of this rally (see chart below) correctly, but now we cannot rule out some corrective structures in near term. That said, the trend is bullish on Daily and Intraday Charts, so if you decide to take a short position, you have to wait for a bearish signal. From our point of view, if BITSTAMP:BTCUSD triggers a corrective structure, it could form something like ABC Pattern.
The simplest strategy is to wait for the first bearish leg on small time frame and try to take a short position after technical rebound.
BULLISH SETUP
Like to support my work.
Trade with care!
Ethereum -> Why Is It LaggingHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum perfectly retested and rejected, as mentioned in my last analysis, a quite nice previous weekly support zone towards the upside.
You can also see that weekly market structure is now definitely back to bullish, considering that Ethereum will also most likely close with a bullish engulfing candle which looks super constructive I simply do expect the continuation of the rally.
On the daily timeframe however you can see that Ethereum is still stuck at the $1900 level which is turned support again; overall Bitcoin is also heavily outperforming Ethereum so I am now just waiting for a break above the resistance and then also Ethereum is ready for more bullish price action.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Crypto Market Forecast: Slightly 🐂ish with Upside Potential 🌞Sunny conditions prevail in the global crypto market over the next 24 hours, as well as over a one-week horizon. ☀️
This translates into a slightly bullish market with upside potential. The various moves into the crypto sphere announced by traditional financial players over the past week are set to significantly boost demand for crypto assets and, ultimately, push up their prices. ☁️🌈
Stay up-to-date with the latest crypto weather forecast and market insights and follow us for more exciting updates! ⚡️📈🌐🔥💼
Ending of a Dramatic Week / Bitcoin ₿Quite the week for BTC.
1) A Buy Publishing was made last thursday at price $25,607
2) A Long Ethereum Publishing was made on Saturday at price $1,728
3) A Neutral Publishing was made on Tuesday at price $27,943
4) A Short Publishing was made Yesterday at price $29,318
Current Price is $30,177
BTC has been breaking zones to the upside and it is easy to understand that many players could be engaging in a chase with the market. I Choose patience and good Risk/Reward ideas over chasing the market and hoping that it will continue to rise. I can take a buy here but it's risky. Better to wait on a pullback. In the meantime I see good RR trade ideas. At the end of the day it comes down to the repetition of a process that has probabilities in your favor. And of course manging risk and cutting losses short when you are wrong.
Bright Skies and Bullish Potential in the Next 24 Hours? 🌞📈A slightly bullish market with upside potential lies ahead for the global crypto market in the next 24 hours and over a one-week horizon, according to the sunny outlook of ATTMO. ☀️
The ongoing crypto rally continued at full speed as the market was boosted by the positive remarks made by the Chairman of the Federal Reserve on cryptocurrencies overnight. Cryptocurrencies are an asset class with staying power, Jerome Powell said. 💪
The filing of three separate applications for spot Bitcoin ETFs also drives the rally. 📈
Stay tuned for more crypto updates and insights in ATTMO Times! 📰
Risk/Reward Bitcoin Setup ⛲Risk/Reward is the name of the game. In my scalping this morning I've taken 10 trades. I have gone on a losing streak of 10 trades in a row. After reading the books I've become aware that this is not unsual for a profitable system in the markets. I like the analogy of pulling marbles out of a hat. If you have an edge in the market then over the long term the marbles you pull out of the Hat will net you a positive R. However, in the short term you may pull out 10 marbles consecutively that do not net you anything. This is where trust in your experience and system will serve us as traders for a long time to come.
Technicals : Price has arrived at our monhtly supply zone 29,305$. Price is up 9ish percent over 2 days. The Market is not random and I'm aware of that. 8 4hr candles in a row is not common and that is a fact. Combining these confluences..
OCEANUSDT OCEANUSDT is in strong bullish momentum and seems like it is on the verge of breakout from resistance around 0.3720 region. If the instrument close above 03720 area , it will be nice buying option.