Are Bulls Losing Track On 47k?Weekly Time-frame
We are about to cross the 0.618 $46,669 and encounter the next resistance $46,866. Potential rejection or it can be a next rally to the upside.
1D Time-frame
We are ready for a massive drop but if the supply zone breaks this can be the next rally to the upside. Demand zone is holding up 0.236 $45,137
4H Time-frame
Triple top will be super bearish if we get a rejection in the supply zone we can expect more to the downside. If we break the supply zone We can create a new high.
1H Time-frame
How to trade
BTC short position
entry $46669
entry $47342
SL 1-5% $48318
leverage 20x
TP 1 $46195
TP 2 $45722
TP 3 $45137
TAYOR
DYOR
NFA
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$140 Million In Bitcoin Liquidated, Are We Yet For Another Run?Weekly Time-frame
We hit our major supply area $48,000. We can see Retracement from this. All stocks are now in correction including Russel 2000. We broke out from the cloud but got a rejection and now back inside the cloud.
1D Time-frame
Greed and Fear index is now at #56 still in greed. We might have some Retracement coming. 1D Awesome Oscillator is still bullish, and we got a long wick when we hit the supply zone.
RSI almost Overbought. VPVR is now in high volume node which is hard to break.
4H Time-frame
We hit the top $48,000 now we are about to start correcting. We are overbought in Relative Strength Index RSI. Awesome Oscillator is now bearish. but still higher high. We have found support in Fibonacci line at 0.382 and started bouncing. We are about to make lower high.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
FTM/USDMarch 8, 2022 – Tel Aviv, Israel Orbs continues to push the boundaries of multi-chain interoperability as part of its Orbs 3.0 roadmap. The next step in the ecosystem expansion involves the Fantom blockchain, a growing force in the decentralized finance industry. The Orbs vision is to create broader interoperability between different blockchains and ecosystems.
SLP more up side to come.After the season 20 update that reduces the daily supply by 56% SLP has been sky rocketing and is up 260%. still 10X potential in my opinion.
#vgx GREAT POTENTIAL!! #btcstarburstThis token/project might be at the best price to DCA into… it seems to possibly be on the floor maybe… If this is true it would on be because of the current market situation… the Voyager reward program and debit card will most definitely take it places so I am only expecting long term upwards motion DYOR DCA Safely… Possibly a 5-10x or more depending on market rebound A GANN Study. Jon fiorucci
BTCUSD(4Hr): BTC touched a new ATH within 1 monthMarket in the last 24 hours
BTCUSD saw a new ATH this month as it gained nearly 4K$ in the last 24 hours as the price continuously rejects the upper Bollinger band as a resistance line. Trading volume has been moderate in the last 24 hours but the trading volume can be seen decreasing with an increase in price suggesting a correction is imminent.
Next 24 hour's Trend analysis
The price is likely to see some consolidation with a hint of bullish momentum as we some correction and the price moves between the upper and the middle Bollinger band.
The price change was high at approximately 5.44%, with the week's range between $62866 — $66517.
Price at the time of publishing: $66,208
BTC’s market cap: $1.25 Trillion
Moreover, the Indicator summary is giving a 'BUY' signal on BTCUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 7 are neutral and 3 are giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Traded volume has remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4-hour candles.
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Any feedback and suggestions would help in further improving the analysis!
BTC UPDATE!!Hello ladies and gentleman.
I have some very interesting news to share about BTC.
Third-Largest Bitcoin Whale Sold at $56K and Bought Back at $57K a Day Later. 494 BTC was bought right on spot. Around $28,000,000.00
And the Bitcoin Illiquid Supply Shock Ration has surpassed it's 2021 ATH. That means that the supply in BTC is decreasing while demand is increasing. I think it's just a matter of time until the price increases.
That's it for this analysis, if you think this was valuable...support this idea with your like.
Thank you for investing your time in my analysis btw.
See ya✌️
Trend reversal pattern in Bitcoin* Bitcoin in 3H time frame appears with Inverted Head and Shoulder pattern with it's neckline as resistance to the price.
* Inverted Head and Shoulder reverses the bearish trend into Bullish trend.
* If Bitcoin breaks the neckline of the pattern we can expect a rally till ATH.
Will Ever Cardano Price Break Out Of Consolidation To Reach $2.5After a notable roller coaster ride, the crypto space currently seems to have relaxed a bit. Most of the assets are currently accumulating after slightly pulling back from the higher positions. While Bitcoin, Ethereum ranged high and consolidating, Cardano appears to have inculcated a reverse trend. And hence raising the clouds of suspicion over the ADA price rally.
The price maintained a depleting trend from the past couple of months, yet the current month trade dipped lower levels. The recent price dip has formed new resistance and support levels which are lowered at $2.02 and $1.96 resp. And now also the asset is trending within small braces or consolidating in very narrow ranges.
Read more : coinpedia.org
BITCOIN BREAK OUT ABOUT TO HAPPEN??!BITCOIN FORMING DIVERGENCE SIMILAR TO THE LAST BREAK OUT!!!
BINANCE:BTCUSDT
As you can see on the chart Bitcoin is forming the same divergence it formed during the October 1st cool off period before a massive pump to $48,000 USD.
It is forming that same divergence and I am curiously waiting for that third bounce from the RSI to really confirm this.
This is a sign of bullish divergence as the lows are becoming higher but the RSI is lower. This indicates the coin is much being over sold at much higher prices and shows a sign of a strong buying force to come.
The MACD on the one hour is also about to cross the signal line.
Like I said in previous posts Bitcoin is looking to retest the $49,000 resistance level and if it does challenge and break this level we are looking at an extremely bullish sign for bitcoin.
Personally I am waiting to see the price action of bitcoin and seeing if it can hold these higher highs.
For More Short Updates like this make sure to like and follow to always be notified.
Make sure to read my previous post on Bitcoin to get a more in depth understanding of why the price is acting the way it is.
Thankk you
Remember to be patient AND MAKE SOME MONEYYY!!!!!
This is not financial advice.
BITCOIN CRASH UPCOMING OR BULL RUN?!?BITCOIN LOSING STRENGTH OR RALLYING FOR A INSANE BULL RUN?!?!
BINANCE:BTCUSDT
Bitcoin has had an extraordinary pump, But with every pump comes either a correction or a dump.
Like analysed in my previous analysis of this Pump ( ), Bitcoin is still not clear yet. Although Bitcoin is showing signs of a bull run because of this crazy pump and all the retail investors celebrating the end of the dreadful month of September it does not mean Bitcoin is out of the woods.
As mentioned in the previous report Bitcoin should have hit a key level of resistance at $49,000 USD and that would mark the end of the short term down trend as there would not have been a lower high. However Bitcoin has started moving slightly downwards and topped with a high of $47,800 USD. This still means Bitcoin is in a down trend and with lower highs, lower lows usually follow. Right now the key level to look at is the $46,800 USD mark as it has been a previous level of support when everyone was convinced “Bitcoin on the way to an all time high” (18th September).
Usually I am very bullish on Bitcoin but we are seeing the buyers lose their buying force. Although we have seen some strong rejections at that golden level of support at $46,800 USD I personally don’t feel there is a strong enough narrative to really drive retail investors into Bitcoin and drive the price up further.
We have heard about news about the US government not banning crypto, El Salvador mining Bitcoin with volcanic energy, Economists calling Bitcoin “digital Gold”. There wasn’t a single reason for this enormous pump. October 1st is the end of the quarter meaning many quarterly contracts have expired causing this slight pump which got retail investors exciting due to all the campaigning going on calling for a bull run to $100,000 USD for Bitcoin or at least achieve a all time high. This means as that slight pump happened it caused investors to jump on because they didn’t want to be late to this parabolic bull run driving the price higher and higher. A lot of the traders shorting Bitcoin with leverage ended up being liquidated due to this Pump and all that did was further drive the price higher and higher. This however is not healthy for the market as there is no Narrative to really drive the market or keep retail investors in other than the “digital gold” and I personally do not think it is strong enough to drive prices to an all time high.
I am a trader who likes to trade narratives and personally right now there isn’t a strong enough narrative to hold or even bring Bitcoin all the way to the all time high. I am personally really bullish on Bitcoin but i do think this pump is overhyped and will face a correction soon with the technical target being around about $44,000 USD. However if we do see and increase in buying volume and see a push from sellers we are looking to hit the $51,000 USD long term down trend resistance line. However there is a crack down on stable coin such as USDT/USDC meaning there will be a lot of buying pressure coming in for all the people who don’t want their money caught up in it, this wont be substantial enough to drive Bitcoin prices to an all time high but can potentially create some narrative which can In turn cause a insane bull run to the all time high.
Bitcoin is a coin which likes to surprise everyone and it rewards patience, anything is possible with Bitcoin.
I personally have purchased Bitcoin in the beginning of the Bull run and will be holding my positions and waiting to see how the price reacts with the opening of the Nasdaq and the NYSE as stock prices are tied into the performance of Bitcoin. I also will be looking for price action around the $46,800 USD and the $49,000 USD (if it reaches till there).
If price action does show substantial rejection of the $46,800 USD I will increase the size of my position.
Thank you guys keeping up with today’s detailed analysis.
A lot of work and research goes into this so if you do like these please make sure to like and follow for daily reports on the crypto market.
Remember Be Patient ANDD LET’S MAKE SOME MONEY!!!
This is not financial advice
Bitcoin NEXT move!!!!!!!!!!!Bitcoin on it's high rally didn't continued and took reversal from 52,800 due to bitcoin adoption in El Salvador and now its moving on 42,200. Market tried to catch up price but due to aspects of El Salvador bitcoin adoption and now FUD like china against BTC. It is yet not clear tends to further fall in price tp 38,000 as china enforce on bitcoin.
The market sell-off can be traced back to developments in China, where the central bank has issued a nationwide ban on bitcoin transactions, blaming fraud, money laundering and energy consumption.
China officials are also taking aim at bitcoin mining once again. Meanwhile, fears surrounding China’s debt-laden real estate developer Evergrande also seem to have spilled over into the crypto market.
CELR/USDT *Big Short* ComingHello guys this is Madop here.
I am just a nobody that now have had enough profit and experience to get myself comfortable who LOVES cryptocurrency for changing my life around
I have been using trading view for a long time since I started trading cryptocurrency and I think it's about time I give something back to this community.
Since I never paid a dime to use the chart and indicators, this is my payback :)
As cheap as I may sound... (I admit I am yes haha) I am super aware when I am putting my money down for a trade, and today I came across a coin that is currently making me above 100% profit and it is going
to be A LOT more so I figured why not share and give back to the community and may be even save some people.
Today we are looking at CELR/USDT (Celer network)
*Note* I am not saying this network is bad or anything but the chart is looking horrific...
As we all know there is no magic indicator or for sure way to know the direction of chart but with few researches, it can definitely give you a good insight where it might go
here are some :::FACTS:::
1. Ridiculously Big Divergence.
As you can see in the chart, that divergence is insane... I mean... I literally dont know what more I can say what you see is what you get...
If you don't know divergence that well, look it up, it is super easy to understand.
2. History Don't Lie.
So when the coin is pumping to the moon without a good foundation such as development news and "people talking" about it, it is a BIG no no for me... and should be the same with you.
Last time it pumped about 9500pip, It plummeted down to 8500...
This is pumped above 9500pip... what would come next?? 8500? or even more?
3. Watch out for a pump without foundation.
So I did some research on this coin and nothing was big enough news that could cause this current pump and so as the pump as year. Like a ghost 0.0
and it was around same time as last year this pump is happening again...
For my conclusion, I am sure your thinking the same after telling you what I have found out,
I wish you guys another great year of trading and remember to trade safely!
Happy trading guys :)
AXIE INFINITY THE NEW ETH? :) I have proof AXS is grwing fast and its gonna be bigger. around $22! $65 i garrantee in sept! But it will reach over $100! i buyed 18424 AXS when it cost around $3 so its 204% profitt and groving! For more only 20 bucks for life.
This one is for free and paypal accounts needs! :)