BTC, ETH - Sunny Market with Upside Potential ☀️📈🌴 Tropical conditions 🌴 – some upside potential 📈 – prevails on the global crypto market in the coming hours, as investors consolidate their positions following the SEC’s targeted actions against the US crypto universe earlier this week.
Over a one-week horizon ⏳, the sunny conditions ☀️ remain, signaling a slightly bullish market with upside potential for both major cryptocurrencies – Bitcoin and Ethereum. 💎
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
Cryptolevels
Bitcoin's Tropical Bullish Trend 🌴 1-Week Outlook - ☀️Sunny trading conditions – a slightly bullish market with upside potential – lies ahead for the global crypto market over the next 24 hours, as investors may reenter the market following the US regulator’s various court actions earlier this week. 🌞 🚀
The weather is however tropical 🌴, very bullish with some upside potential for Bitcoin. Over a one-week horizon, the cryptocurrency trend remains sunny – positive – signaling upside potential. 📈💰
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
Bitcoin: Sunny Outlook Ahead! 🌞✨🚀 Sunny trading conditions – a slightly bullish market with upside potential – lies ahead for the global crypto market over the next 24 hours, as investors may reenter the market following the US regulator’s various court actions earlier this week. 🌞 🚀
The weather is however tropical 🌴, very bullish with some upside potential for Bitcoin over the next hour. Over a one-week horizon, the cryptocurrency trend remains sunny – positive – signaling upside potential. 📈💰
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
HOW TO MANAGE YOUR LIFE AND TRADINGHello traders, today we will talk about how to manage your life and trading
Hey! When we all started, we encountered some trading challenges.
These issues typically arise in the first year of trading. By year's end, the majority of traders had lost all of their money and had given up forever.
In essence, this was brought on by excessive trading and a lack of knowledge. Trading requires certain skills and techniques, much like many other professions, which you can learn and use to achieve success. But if you're just starting off, you probably don't even know where to begin.
PROBLEMS: Constantly worried about deals.
This point greatly depresses you and diverts your attention away from other vital matters.
- Personality and emotional losses
When you start losing money too much, it might be difficult to recover, and attempting to do so will just result in further losses.
- Confusion of mindset
Like every sadness we experience in life, this one clouds our ability to think clearly.
Rushing into new professions
Overtrading is a mistake that many traders and investors make, and often results in significant losses.
- Investing all of your money in assets.
Write me a comment if you've ever tried trading with all of your money!
Due to this issue, trading has turned into gambling and new traders are losing too much money.
Solution: Schedule your trades.
Concentrate on upcoming trades, plan your entries, take profits, and halt losses. It should be planned, and if something doesn't work, you need to fix it and try again, just like in any other firm.
- Make modest deals
Start with little trades when trading; don't hurry things if you won't be wealthy until the end of the year. But first, master trading, and make sure you've gained knowledge from both losses and triumphs.
- Emphasis on manageable risk
Yes, only 10% of traders make money each month; the other traders struggle somewhere in the middle. Before starting any new trades, attempt to understand your risks to ensure that you will be among the 10% winners.
- Implement trading system
You must experiment with many techniques and tactics before you can determine which trading criteria work best for you. Your trading system should fit your personality. You will be fine and closing months in substantial profits once your trading method is set up, though.
- While trading, take pauses.
When there is nothing to do on the market, take a deep breath and relax. Make sure you have time for other things. Try to arrange your trading time. The market is here to stay:
This chart is just for information
Never stop learning
I would also love to know your charts and views in the comment section.
Thank you
Fake Breakout / Fakeout BTC 🔄This view of BTC comes from a background of Price action trading. Trading Fakeout's are quite common in the Forex market and have proven to be a cornerstone of my Trading Strategy.
Fakeout's occur on all timeframes and take the market for an unpleasant ride. Traders Buy the breakout or in this case Short the breakout hoping to jump on the train and continue to lower prices. The liquidity that is generated is consequently used by large players to
1) Scale out of their short positions and
2) To gradually accumulate opposing orders ( In this case Buy orders )
Fakeout's are not hard to anticipate and are somewhat similar to trading support and resistance levels.
The only difference being the sequence in which the market sets itself up prior to the support and resistance bounce.
In this case we can observe that the price on the Daily timeframe has been bouncing between 26,400$ and 27,400$ since May 12.
Price recently closed quite the bearish candle on June 5th ; closing outside of our previously mentioned range.
A good Risk/Reward idea suggests that we may bounce from the bottom of the range.
Matic price actionMatic is moving in a descending channel and is right now testing its 3 hour support. If Matic breaks its trend downwards, then we can see Matic testing its 6 hour support region; however, if Bitcoin pulls back up, then we can see Matic moving towards the mid range mentioned in this chart.
XRP, ETH 🌴🌞; BNB, BTC, DOGE 🌥️🐻⬇️? The mood is tropical – very bullish with some upside potential – for Ether and XRP today. 🌴
On the other hand, clouds with a hint of sun lie ahead for the global crypto market, including Bitcoin, Binance, and Dogecoin, in the next 24 hours. This signals a slightly bearish market with downside risk following the latest regulatory crackdown.
Over a one-week horizon, a slightly bullish market with upside potential is expected for both Bitcoin and Ethereum. 🚀
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BTC Faces Headwinds 🌬️ Can BNB Rise Above the Storm? 🌩️Bitcoin faces strong headwinds 🌩️ – signaling a downward trend – in the next 24 hours following the US regulator’s latest crackdown on the US cryptocurrency market. Binance Coin, which is the cryptocurrency in the regulator’s sights, faces sunny conditions signaling upside potential. ☀️
Over a one-week horizon, a slightly bullish market with upside potential is expected for both major cryptocurrencies – Bitcoin 🚀 and Ethereum 🌟. Smaller altcoins, such as Binance Coin and XRP 🔥, should also benefit from this bullish mood and have upside potential. 💼📈
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BITCOIN - DESCENDING TRIANGLE📉Hello Traders👋🏻
On The Daily Time Frame The BTCUSD Price Reached A Support Level (27252.96-26525.00) !
Currently, The Price Broke The Key Level (Support Level Becomes New Resistance Level)
The Price Formed a Descending Triangle Pattern📉
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET: 25373🎯
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if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
XRP: Correction Ahead; BTC, ETH: When Will the Clouds Disperse? XRP is experiencing an extended bull market, signaling an imminent market correction. 📉 XRP has rallied 14 percent in the past month when its competitors traded in negative territory on the XRP community’s hopes of an imminent court decision in its favor in the US.
On the other hand, cloudy weather with some sun – a slightly bearish market with downside risk – lies ahead for the global crypto market, including Bitcoin and Ethereum, in the next 24 hours. 🌥️ But fear not! Over the one-week horizon, the trend points to a slightly bullish market with upside potential for the crypto market. 🚀
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BTC, ETH: 🌥️ XRP: 🌴 Brace for Correction?Cloudy weather with some sun – a slightly bearish market with downside risk – lies ahead for the global crypto market, including Bitcoin and Ethereum, in the next 24 hours. 🌥️ But fear not! Over the one-week horizon, the trend points to a slightly bullish market with upside potential for the crypto market. 🚀
Now, let's talk about XRP - an extended bull market with an imminent market correction likely. 🌴📉 XRP has rallied 14 percent in the past month when its competitors traded in negative territory on the XRP community’s hopes of an imminent court decision in its favor in the US.
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
Bitcoin -> Look At The Daily PatternHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin recently perfectly retested and already rejected a quite nice previous weekly support zone which was now turned resistance at the $30.000 level.
You can also see that there is a next weekly support zone coming in at the $25.000 area, so I am now just waiting for Bitcoin to retest this next demand level before I then do expect another weekly rally towards the upside.
On the daily timeframe you can see that over the past couple of days Bitcoin has been forming a very obvious falling wedge formation which is normally a bullish (continuation) pattern, so I am now just waiting for a breakout above resistance trendline and then I do expect another daily push to retest the $30.000 area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Ethereum -> Back To A Bullish MarketHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum just retest and already started the rejection away from a previous weekly resistance area which was turned support exactly at the $1750 level.
You can also see that weekly market structure is still quite bullish, the next resistance zone is at the $2125 level so I simply do expect more continuation towards the upside to then retest the next resistance area.
On the daily timeframe you can see that my previous analysis about Ethereum perfectly played out with a simple break and retest above the daily $1850 previous resistance - daily market structure and moving averages are also now back to bullish so I am now just waiting for break above the $1910 resistance and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC, ETH 🌞🚀 Can XRP Overcome the Storm? ☔️⚡️Get ready for sunny skies 🌞 and bullish vibes as Bitcoin and Ethereum lead the charge in the next 24 hours. 🚀 Investors are jumping back in after the US debt deal in the Senate. The forecast remains positive for the week ahead.
But watch out! XRP faces headwinds 🌬️💨, hinting at a possible market correction.
Stay tuned for more crypto weather insights and reports! Follow us to stay updated. 🌩️⛅🌈
Has the 12 year (3 cycles of four years) BTC Elliot Wave ended?Looking at the 3 Month Chart of BTC, it appears as if the 12 year of bullish moves have finally come to an end as per the Elliot 1-5 wave count on a log scale.
Can this be a start of a new era of unprecedented correction for BTC?
I am looking for opinions of others regarding this or if it has been in the attention of other traders?
BTC heading towards 24,400On the weekly timeframe, a trail of Elliot Waves show that upon completing the downward Elliot 1-5 wave to the 15k level followed by an upward wave to 31k, BTC is forming a new 1-5 downward wave, As per the Fib Extension, the third wave is prognosticated to end towards the 24,400 region and then retracing towards 25,300 before the final leg down to test the previous strong resistance levels at 23,800. The time range for the third wave would be in the summer months of June/July, particularly from 26th June to 24th July.
To confirm this, MACD is also about to make a death cross and head towards red indicating a downtrend to be around the corner.
ETH Bearish ☁️ BTC to Bounce Back ⛅ XRP - Imminent Correction? Ethereum faces a slightly bearish market with downside risk in the next 24 hours while an imminent market rebound is on the horizon for Bitcoin, Binance, Avalanche, and Polkadot, as stormy weather approaches the global crypto market ⛈️.
Over the next week, the cloudy skies predicted for Bitcoin and Ethereum signal a slightly bearish market with downside risk ☁️. Meanwhile, XRP faces tropical conditions 🌴, hinting at a market correction in the coming week.
Stay tuned for more crypto weather insights and reports! Follow us to stay updated. 🌩️⛅🌈
BTC Rebound Ahead!⚡️🚀 Is XRP in for a Correction? 🤔An imminent market rebound is on the horizon for Bitcoin, Binance, Avalanche, and Polkadot, as stormy weather approaches the global crypto market ⛈️. However, Ethereum faces a slightly bearish market with downside risk.
Over the next week, the cloudy skies predicted for Bitcoin and Ethereum signal a slightly bearish market with downside risk ☁️. Meanwhile, XRP faces tropical conditions 🌴, hinting at a market correction in the coming week.
Stay tuned for more crypto weather insights and reports! Follow us to stay updated. 🌩️⛅🌈