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BTC Downward 24-Hour Trend, Bearish ☁️; Rebound Next Week? Bearish clouds ☁️ loom over Bitcoin and Ether in the next 24 hours, signaling a downward trend. 📉 Meanwhile, Altcoins like Cardano, Litecoin, and Binance Coin are set to shine under the bullish sun, hinting at upside potential. 🌤️ Over the next week, a positive outlook prevails in the global crypto sphere, with bullish trends on the horizon. However, ATTMO indicates that Polkadot may encounter some bearish clouds, posing potential downside risks. ☁️ Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
ETH Short-Term ☁️, 3D & 7D Forecast Bullish ☀️ Bullish skies ☀️ grace the global crypto market on the 3 and 7-day horizon! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, however, a short-term market correction is on the horizon in the next 24 hours. 🚀 ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks. Stay weather-wise in the crypto world and follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
DOT Bearish Forecast ☁️; BTC, ETH Bullish, ☀️ OutlookBullish skies ☀️ grace the global crypto market for the next 24 hours! Upside potential beams for Bitcoin and altcoins as the SEC approves the first spot Bitcoin ETFs. A very bullish forecast for Ether, with a market correction on the horizon. 🚀 ATTMO predicts a sunny week overall, but watch out for bearish clouds ☁️ looming over Polkadot, signaling potential downside risks. Stay weather-wise in the crypto world and follow us for more crypto weather reports!
by ATTMO
ETH Bullish ☀️ 24H & 1W Horizon; XRP Bearish ☁️? Sell Now? Ethereum, Litecoin, and Cardano are likely to profit from a bullish sun in the next 24 hours. ☀️ On the other hand, Ripple’s XRP and Avalanche are also likely to face downward pressure ☁️ Over a one-week horizon, bullish sun will shine over a larger part of the crypto universe, however, XRP, Avalanche, and Polkadot will still be facing bearish clouds, signaling further downside risk. ☁️ Follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
BTC 24-Hour Bearish ☁️, Rebound and ☀️ Upside In 1 Week? Bearish clouds ☁️ linger over Bitcoin in the next 24 hours as investors brace for the landmark decision on the approval or rejection of the trading of spot Bitcoin exchange traded funds (ETFs) in the US. An approval is already priced in, so some profit-taking is likely to happen, ATTMO shows. However, Bitcoin has upside potential over a one-week horizon. Ripple’s XRP and Avalanche are also likely to face downward pressure ☁️, while Ether, Litecoin, and Cardano are likely to profit from a more bullish sun. ☀️ Over a one-week horizon, this bullish sun will shine over a larger part of the crypto universe. Some smaller altcoins, such as XRP, Avalanche, and Polkadot may, however, face bearish clouds, signaling downside risk. ☁️ Follow us for more crypto weather reports!
BITSTAMP:BTCUSDShort
by ATTMO
#SSV Breakout Confirmation, Retest in Progress!🚀 #SSV Update 📈 In the daily timeframe, #SSV has beakout this Big cup and he and pattern currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in CMP and add to this retest 🎯 Targets: TP1: 40$ TP2: 45$ TP3: 53$ TP4: 74$ 🛑 SL: Close below this green horizontal support on a daily candle. Remember to DYOR! 🚀
Long
by CRYPTOMOJO_TA
ETHUSD: Thoughts and AnalysisToday's focus: ETHUSD Pattern – Consolidation / ascending triangle pattern. Support – 2166 Resistance – 2371 Hi, and thanks for checking out today's update. Today, we are looking at ETHUSD on the daily chart. What's next for Ethereum? Will we see a new leg higher break resistance? A lot will come down to the SEC and its pending approval of the BTC ETF, but it is far from a safe bet that crypto will continue to move higher after the approval. While the majority believe that prices will continue to move higher with increased demand, there's also the risk of buy the rumour and sell the fact. Considering that, we can't discount the last several months of gains across multiple crypto coins. Looking at ETHUSD's price, buyers still look to have the cards in their corner for now. We can see a consolidation in the current uptrend, and we have also noted the bullish continuation pattern that is also visible in price at the moment. If the Bulls reign supreme after the SEC approval (hopefully this week), we want to see a strong breakout from the current area that closes above resistance and back into the 2400 area. With further confirmation, that could be the start of a new leg higher. Good trading.
EIGHTCAP:ETHUSD
by Eightcap
Never trade on news. Everything is hidden in the price action !Everyone was looking for ETF confirmation to get long. But the market turned red! US SEC grants approval for spot bitcoin ETFs - RTRS but the market moved against expectations. This is why we say never trade with fundamental news. Everything is hidden in the price action. Bitcoin had reached the ceiling of the channel and also our indicator had given a short signal. So, contrary to all positions, we opened the shorts and had fun!
Education
by Bullishway1
2
BTC Bullish 24H & 1W Horizon☀️ ETH, XRP ☁️ in 1 Week?A bullish sun 🌞 radiates over the global crypto market in the next 24 hours, signaling an optimistic trend before the SEC's awaited decision on spot Bitcoin ETFs. Bitcoin basks in the sunny forecast, ATTMO reveals. ☀️ Over a one-week horizon, the bullish sun continues to shine over Bitcoin and the global crypto sphere. However, some bearish clouds ☁️ will sweep over Ether, Ripple’s XRP, Polkadot, and Uniswap, suggesting potential downside risks. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
ETH USD IdeaI want to share a cautionary note regarding what I consider the most challenging trading zone—one that coincidentally aligns with the neutral zone set by market makers. Tomorrow's news carries the potential to significantly impact the market in both directions. Regardless of the news outcome, maintaining a bias for trading seems precarious. In my opinion, only engaging in scalping may be a prudent approach. Why engage in a battle when there are countless other charts offering more straightforward setups? I feel it's essential to emphasize that, especially for those without a well-established trading history, tomorrow's news could be destructive. It's a reminder to stay cautious, prioritize safety, and consider keeping funds safeguarded. In our view, no trade is a winning trade if it jeopardizes your financial well-being. Wishing you all safety and prudent decision-making. Warm regards.
COINBASE:ETHUSD
by themarketknight
ETH USD IdeaGreetings, Traders, and a prosperous New Year to all! As we re-enter the charts, the liquidity remains low in both the crypto and forex markets. Currently, no trades have been initiated, as we are patiently waiting for weekly order blocks to signal the commencement of the new year. Additionally, we are monitoring zones for potential discounts. This routine tends to repeat itself each year, and historically, market activity is often subdued until the end of January. Notably, we are anticipating significant news related to the Bitcoin ETF on the 10th, which could impact our trades that have been performing well since the end of last year. Presently, we have set stops below the latest bullish distribution. In the event of positive news on the 10th, we anticipate a substantial increase in price. However, it is crucial to acknowledge the fact that we are currently situated within the monthly bearish distribution zone. We will closely observe the developments this week and provide regular updates on our charts. Stay tuned for further updates. Thank you, and happy trading!
COINBASE:ETHUSDLong
by themarketknight
ETH Slightly Bearish 24-Hours, More ☁️ & 📉 Next Week? A bullish sun 🌞 shines over Bitcoin in the next 24 hours, heralding the impending decision by the US regulator on spot Bitcoin exchange-traded funds (ETFs). Cardano, Avalanche, and Dogecoin bask in the sunny forecast ☀️, as ATTMO reveals. Meanwhile, Ether, Ripple’s XRP, and Binance Coin encounter bearish clouds ☁️, signaling potential downside risks. Over a one-week horizon, these bearish clouds ☁️ will sweep over the entire crypto sphere, hinting at looming downward pressure on Bitcoin. 📉 Follow us and stay weather-aware with ATTMO's insights!
BITSTAMP:ETHUSD
by ATTMO
BTC 🌞 24-Hr Forecast-Bullish; 7-Day Bearish, Downside Risk ☁️📉A bullish sun 🌞 shines over Bitcoin in the next 24 hours, heralding the impending decision by the US regulator on spot Bitcoin exchange-traded funds (ETFs). Cardano, Avalanche, and Dogecoin bask in the sunny forecast ☀️, as ATTMO reveals. Meanwhile, Ether, Ripple’s XRP, and Binance Coin encounter bearish clouds ☁️, signaling potential downside risks. Over a one-week horizon, these bearish clouds ☁️ will sweep over the entire crypto sphere, hinting at looming downward pressure on Bitcoin. 📉 Follow us and stay weather-aware with ATTMO's insights!
BITSTAMP:BTCUSD
by ATTMO
3 Strong Reasons Why Today's Bitcoin Crash Was Predictable1. The previous monthly candle failed to close above the monthly ichimoku cloud. It is natural that it is very difficult to braek out the monthly kumo cloud. The price of Bitcoin had reached the ceiling of the ascending channel, where it was accompanied by a SHORT signal. Last week, in Daily timeframe the trendline had broken down, and yesterday the pullback was completed, and today it went down to the top of the komo cloud.
Short
by Bullishway1
5
Bullish Resurgence on the Horizon: Bitcoin's Symphony of SignalsTechnical Analysis for Bitcoin: Anticipating a Resurgence Amidst Market Flux Introduction: In the volatile landscape of Bitcoin, a recent significant pullback to the $42,000 lows has paved the way for a renewed bullish impulse targeting $52,000. Despite prevailing bearish sentiments, our technical analysis points to several indicators suggesting a potential reversal and bullish momentum. Technical Indicators: RSI Probability Indicator: The RSI (Relative Strength Index) probability indicator has demonstrated a bottoming pattern and is entering the bullish zone. This suggests a shift in momentum towards the bulls. Probability Bands Convergence: Probability bands are converging, indicating a potential alignment of market forces. This convergence is often a precursor to a significant market move, and in this case, it supports the anticipation of a bullish impulse. MACD Regular Divergence: In smaller timeframes, the MACD (Moving Average Convergence Divergence) is exhibiting a regular divergence, further signaling a potential shift in momentum towards the upside. Volume Analysis: Despite the current low volume, the observed bullish pattern is a positive indicator. The expectation is that as the bullish momentum gains strength, trading volume will likely follow suit, supporting the upward trajectory. Whale Transfers - Bullish Signals: Recent large Bitcoin transfers, including 3,110 BTC and 6,999 BTC to Coinbase wallets, signify a strategic move by major players. This suggests that bullish entities are selling their holdings, possibly in anticipation of a major dip, with plans to re-enter the market at lower price levels. Market Sentiment vs. Technical Analysis: While the majority of market sentiment has shifted bearish, our technical analysis supports the hypothesis that a solid bottom may have already been established. Confirmation around the $42,710 mark is crucial, as it aligns with our analysis and adds credibility to the anticipated bullish move. Negative News Impact: Negative news surrounding the BRC-20 Ordinals token potentially replacing Bitcoin has caused concern and contributed to the recent decline. However, the consensus is shifting towards optimism, especially with the looming prospect of an upcoming ETF, which could act as a significant catalyst for Bitcoin's resurgence. Conclusion: In conclusion, the technical analysis for Bitcoin presents a compelling case for an imminent bullish impulse. The convergence of multiple indicators, coupled with strategic whale transfers and shifting consensus towards an upcoming ETF, all contribute to a positive outlook. Traders are advised to remain vigilant for confirmation around the $42,710 mark, as it serves as a key validation point for the anticipated bullish momentum.
COINBASE:BTCUSDLong
by wikitrades
1